On October 12, the village chief led his fans to invest in ENA, and sent out 10,000 red envelopes 🧧 🧧 🧧
Today, ENA exploded by 70% again, and the assets of the group members and the village chief increased significantly The village chief sent out 10,000 red envelopes again 🧧 🧧 🧧
✅ When ENA rises to 1 US dollar, the village chief will send out another 100,000 red envelopes 🧧 🧧 ✅ Follow + comment: The village chief is so handsome, get the red envelope 🧧🧧
📢 The picture shows the reasons why the village chief is optimistic about ENA and investing in DOGE (key points)
I haven't seen OP for a long time, and now it has this structure. A structure of falling sideways. The village head who holds it suggests that you reduce your position when it rebounds to reduce the risk of holding positions. Don't think that you will get it back in the future if you are stuck. We can buy more OP after reducing our positions, and the return will be faster...
As soon as the US started to recover, it started to release negative news. Here comes a new regulation... Start cutting the leeks of virtual currency.
The main contents of the new regulations:
1. Brokers need to submit information reports, including total transaction revenue and other details.
Brokers need to submit information reports (such as Form 1099-B) to the IRS, including:
A. Total revenue from digital asset transactions.
B. Information of both parties to the transaction (such as identity, address).
C. For each transaction, the transfer price and basis of the asset must be recorded.
2. For DeFi protocols, the definition of "digital asset intermediary" is clarified, and the specific types of services that need to be reported are listed.
If a non-custodial wallet provider participates in the transaction process and has access to transaction information, it may be considered a broker.
3. Exceptions for those who do not meet the "broker" requirements
A. Validators who only verify transactions.
B. Suppliers who only provide hardware or software for digital asset private key management.
C. Other participants who are not directly involved in the facilitation of transactions or do not have access to transaction details.
The effective date of the regulations is 60 days after the publication of the Federal Register. This regulation clarifies the three-layer model of the DeFi technology stack: interface layer, application layer, and settlement layer. It also proposes information reporting requirements for "front-end services" that provide user interfaces or transaction entrances.
Share the experience of a group member who was trapped in a contract order.
Some time ago, he made a long order of WIF. Because he listened to his friend's long order of WIF and had a better grasp of the market, so the position was relatively heavy. In two days, it plummeted from 3.68 to 1.88, and the floating loss of the account was almost 100,000 dollars. I asked the group member how she really felt now.
She said: "At that time, you just resigned yourself to fate, that is, your account was completely out of control and you were powerless.
This feeling is too terrible. You can only watch it and can't do anything. It's like holding a handful of sand in your hand. It's passing quickly and you can't catch anything." Brothers who do contracts, have you had this experience? As of the time of writing, this order is close to liquidation.
——To friends who are still on the contract road, it is also a wake-up call for us.
In the process of trading, I deeply realized that the core of trading is not only technology and strategy, but also self-management. The market is complex and changeable, and short-term fluctuations often make people lose their way, but keeping calm and sticking to the trading plan is the key to winning. Before entering the market every time, I will clarify the ratio of risk and return to ensure that I am executing a thought-out strategy rather than emotional operations.
The most important thing in trading is not to make quick money, but to accumulate steadily, and compound interest is the core of achieving wealth growth. In high-leverage transactions, risk control is particularly important. I always keep in mind that "protecting the principal" is the first priority. No matter how tempting the opportunity is, I will not let myself take risks beyond my tolerance.
Successful traders do not not lose money, but they can stop losses quickly when they lose money and face the next opportunity with a calm mind. Through continuous summary and optimization, every loss has become a valuable experience, and every profit makes me understand the importance of discipline and execution.
Trading is a game of mentality and technology. Whether it can be successful in the end does not depend on whether the market is in your favor, but on whether you can consistently follow your own trading rules, stay rational, and do "take action when it is time to take action and stop loss when it is time to stop loss". Stick to the right direction, and the power of compound interest will prove everything in time.
1⃣ Ethereum experienced a decline yesterday, showing signs of recovery at the 3317.07 position, which is considered a short-term bottom. The 3270 level below serves as strong support. The downtrend has limited space now, as Ethereum is consolidating at this level.
2⃣ The daily trend appears weak and requires an hourly breakout to lift Ethereum. Currently, there is strong momentum starting at the 15-minute mark, making it favorable to primarily focus on long positions today. Below support level: 3320 Above resistance level: 3520
☑️ Summary: Those who previously reduced their positions can add back a portion; the focus today will be on intraday rebounds, favoring short-term long positions.
Currently still below the downtrend line, brothers need to wait a bit longer, there are also many oversold coins rebounding. After a wave of gains, it's better to run first, long-term investment can be discussed after it stands above 1.
After Ethereum reached 3400, it started to fluctuate at the high level of 3500-3453 for a long time. The pressure level 3560 in front of Ethereum did not rise in a short time, and it needs to continue to pull back.
The trend line below is around 3400. Long-term investors can continue to hold positions, and short-term investors should pay attention to risk avoidance.
In the crypto space, you need to find a way to earn 1,000,000 in capital, and the only way to grow a few tens of thousands into 1,000,000 is one path.
That's rolling over positions.
Once you have 1,000,000 in capital, you will find that your entire life seems different. Even if you don't use leverage, just holding some spot assets will appreciate.
20% means you have 200,000, which is already the income ceiling for most people in a year.
When you manage to grow from a few tens of thousands to 100,000, you will also grasp some ideas and logic for making big money. At this point, your mindset will become much calmer, and from then on, it's just about copying and pasting.
Presidential Selection Series (LINK, ONDO) increased by approximately 30%. Grayscale Selected Cryptocurrency $ZEN increased by approximately 80%. Korean Selected Cryptocurrency (MOCA) increased by approximately 122%.
Ethereum is on the rise, the spring of copycats has arrived. Japan has always been friendly to blockchain, and Trump, the US, is actively embracing blockchain. Japan should also catch up. JASMY, the Japanese chain that hasn't exploded for a long time, is a good choice. You can buy at the current price, with a short-term target of 0.046.