Let me share with you four little-known facts about trading:
If you invest 10,000 U in a certain coin when the price is 10U, and then invest another 10,000 U when it drops to 5U, your cost is not 7.5U as everyone thinks, but 6.67U.
If you have 100,000 in your hand and stop when you make a profit of 1% every day, based on 250 trading days a year, your assets can reach 1.3232 million in one year, and 10 million in two years.
If the probability of investment success is 60%, invest 100 times in a row, and set the stop profit and stop loss positions to 10%, then the final rate of return can reach 300%.
Suppose you enter the market with 10,000 U and can make a profit of 10% each time. By the 49th day, your assets will become 1 million U, 10 million U on the 73rd day, and more than 100 million on the 97th day.
However, in actual operation, it is difficult for one person out of 10,000 to achieve these results. The fundamental reason is that everyone cannot control their inner greed. 😀😀
There are three necessary stages for the growth of small funds:
The first realm: seeing mountains as mountains and seeing water as water Traders are in a state of "not knowing that they don't know". Friends who have just entered the market know little about the currency circle. When they see K-lines and rising currency prices, they only know the appearance but not the essence.
Often follow the trend and act based on a single logic. For example, if they see a strong market, they think there are funds to eat and follow up. If they see a large order to support the decline, they hold the currency on this ground. They are also obsessed with technical indicators such as MACD golden cross and dead cross with volume and price trends.
Every time they learn new knowledge, they think they have enlightened and take it to trade. They may make money once or twice at the beginning, but they will lose money in the end. After being repeatedly slapped in the face by the market, they begin to doubt and be confused, and then enter the next stage.
The second realm: seeing mountains as not mountains and seeing water as not water
This is the stage of "knowing that they don't know". It is difficult to recognize one's own shortcomings, and it is not easy to get here. After recognizing the shortcomings, they will be more humble and learn trading knowledge in all aspects, such as technical aspects, cycle aspects, chip aspects, capital psychology, etc., and the trading system will be slowly built up. When facing rising currencies, you will no longer be impulsive to chase the rise, and you will not panic when holding currencies and encounter a sharp drop.
However, multi-dimensional cognition will become contradictory, and different ideas often fight each other. For example, the technical side prompts a selling point, but the overall view feels that the market is not over. When you sell or get trapped, you will blame yourself. When you doubt yourself again, you will move to the third realm.
The third realm: seeing mountains as mountains and seeing water as water
The first two stages are like addition, and this stage is subtraction, which belongs to the state of "knowing that you know, but not necessarily doing it". After training, technology, emotional management, mentality, position planning and other aspects have surpassed most people. Trading is not limited to fixed tactics. Short-term, halfway, ignition, low-absorption and other operations can be flexibly used. Strategies are formulated according to different market conditions to put yourself in a favorable position.
This stage will form a big picture, learn from the idea of guerrilla warfare, reduce positions or short positions when shorts are strong, try and find new cycle directions when shorts are tired, and participate in heavy positions when shorts are weak. The core is to seize the opportunity and go all out. As the Tao Te Ching says, the mountains are still the mountains, the water is still the water, but you have transformed.
Ten major experiences in the cryptocurrency circle:
In the bull market, those particularly popular coins (generally those with high control) tend to fall quickly.
There are not many people who promote the coins that really have potential and are at the bottom, and only a small number of people occasionally mention them at the bottom.
From the overall point of view, the trend of the cryptocurrency circle is always a relatively gentle curve.
The way the counterfeit coin dealers pull the market is similar, usually first smashing the market and then slowly pulling it up.
If the new coins on the exchange soar first and then plummet, don't touch them.
It's normal to fall after buying and rise after selling. If you can't even stand this fluctuation, you have to reflect on your mentality.
After buying, not only did it not fall but it rose. When the profit is 5%-20%, it suddenly pulls back, then this coin may start to be harvested.
Most of the coins with the strongest price rebound are not potential coins, but special leeks.
In a bull market, some potential coins may perform mediocrely in the first half, but they can often rise several times in the second half.
In a bull market, if a coin rises several times and can remain sideways for several months, it is likely to be a potential coin.
👀👀I really recommend participating in the kind of dog coin projects that have new stories to tell and have a relatively small market value, preferably those that are related to celebrities such as Musk and Trump.
You can summarize what common characteristics the "golden dogs" that have recently launched on Binance have.
Also, don't mention those dog coins that have been out for a long time, like "big goose", they are already like that
It is best to pay attention to the new plate, which must have a relatively strong new story, a small market value, and a top hot spot or celebrity effect. Such projects are more likely to succeed and are worth spending time and energy to participate in.
If there is no good investment target, losing money is a small matter, the key is that it is too uneconomical to waste time and energy. So you must see it clearly, and then follow the trend to build and participate together.
Looking at the market situation, it has now touched the 0.448 pressure level of the daily K-line and weekly K-line, so we can have a bullish mood, but don't blindly follow the trend (FOMO), it is important to stay rational!
At present, Dogecoin has a trend of going out of the triangle convergence rise, but after all, the pressure level of the daily K-line and weekly K-line exists and will also play a suppressive role.
So we have to verify whether this triangle convergence rise pattern can really be established.
More aggressive friends can participate in a small position after it effectively breaks through the upper trend line, and at the same time pay attention to the performance of the 0.448 pressure level. If the performance is not good, then leave the market quickly and observe again; if the 0.448 pressure level performs well, then Dogecoin may usher in a new round of rise! More cautious friends can wait for it to effectively break through 0.488 before chasing the rise and participating.
If the triangle convergence pattern does not come out, then you have to consider the support level below. The weaker support level is 0.378. If it is effectively broken here, the triangle convergence is another matter.
If the triangle convergence pattern is not broken, you have to pay attention to the performance of the two support levels below 0.35 and 0.32. If there is an effective rebound, you can chase the rise and participate. Remember the rule of top and bottom conversion. , once the support level is broken, it will become the subsequent pressure level. Only by responding flexibly can you grasp the situation
The strong support level below Dogecoin is in the range of 0.204-0.229, and the strong pressure level is here at 0.528. #超级MEME周期? #BTC冲破9万 #美国CPI公布后降息预期上升
There is a characteristic of the trend of Bitcoin (BTC) in the past two days. Every time it rises to a new high, it will fall back to about 5,000 points. The current price of 93,300 is very close to 100,000.
However, the cost of opening a position above 90,000 is quite high, and the risk is also high, because the staged top may appear at any time, and it is easy to be trapped at a high position if you chase high.
From the perspective of short-term operations, the first low-absorption opportunity is to fall back to 88,800, 88,600, and 88,200. The defense position should be set at 88,000. If it is broken here, enter the market at the second low-absorption point, that is, 87,700, 87,450, and 86,350. When it rebounds to 89,850, 90,850, and 91,600, you can stop profit. If you leave a tail position, you can stop profit in the range of 92,000-93,000.
The short-term support level of Ethereum (ETH) is 3120. You can enter the market when it falls back to the range of 3160 - 3122. The defense level is set to 3112. When it rebounds to 3220, 3260, 3288, and 3316, you can take profit. Its trend is relatively weak, usually following the decline but not making up for the rise, so it is not suitable for chasing high operations.
The support level of SOL is 204.85. When it falls back to the range of 208.65 - 204.85, you can buy low in batches. When it rebounds to 217.50, 219.50, and 222.50, you can take profit. The defense level is set at 200.25.
Musk was appointed as the director of the Department of Government Efficiency (d.o.g.e). Affected by this, the market value of Dogecoin (DOGE) exceeded 60 billion US dollars. Dog-related meme coins such as Dogecoin (DOGE), BONK, FLOKI, and NEIRO have all risen sharply. In the future, DOGE and PNUT may rise in a spiral.
Let's talk about the differences between doge coins: Neiro is mainly supported by the traffic in the circle, and it is difficult to reach the height of SHIB.
PNUT has strong cultural and political values behind it, and its development potential is great.
DOGE is still the core leader. Although it has the largest market value now, its room for growth has not yet been fully demonstrated, especially after the launch of DOGE ETF, it may be able to push it to continue to rise.
At present, DOGE is the leader in the market,
and PNUT may become the next fast-rising SHIB. If you can hold PNUT now, you may hold the core chips, and you may get a good return in the future.
The prices of PNUT and CAT have been soaring, almost to the sky, especially PNUT, whose wealth-creating effect is so strong that everyone is trapped in the "fear of missing out" (FOMO) mood.
After PEPE broke through last night, many people followed suit, and it hit a new high today.
As for WIF, it was said that it didn't rise much before two days, but in these two days, it took off all of a sudden, and the price kept rising.
PEOPLE has also started to rise. Now the dealer seems to be waiting for many people to get off the bus before they will pull the market.
BOME was silent for a long time before, and the trend was also weak. Now, it has slowly risen with this wave of market.
FLOKI was the second dragon in the previous wave of market. If it continues to rise like this, it will probably hit a new high soon.
There are also bonk, meme, babydoge, etc. Today, all the meme coins on the list of gains are these.
Moreover, each meme coin will rotate and rise, so don’t keep swapping. As long as you hold on to the meme coins in your hands, you will definitely get good results. The rotation has already begun. In the next two weeks, it is estimated that all meme coins will rise several times. Let’s follow this wave of market and “FOMO” together!
Friends who hold DOGE must take a closer look!! Can Dogecoin rise to $0.5 this time, or will there be a step-by-step decline? The current situation of Dogecoin is that its price has risen to $0.44, which is the highest price in 4 years. After the election and the good news of interest rate cuts, will its trend reverse? The ideas of Dogecoin futures holders are always changing. After Trump was elected on the 6th, the total liquidation amount of Dogecoin reached $6,383, of which the liquidation amount of short positions was $8,231 and the liquidation amount of long positions was $5,161, which was almost liquidated at the same time.
This fully shows that the current market environment is very unstable, so as long as the price rises, everyone will quickly take profits and leave.
From the technical indicator RSI, its value has exceeded 70, which means that Dogecoin has been overbought. What does this mean? Although the price of Dogecoin is still rising, the enthusiasm of people who think it will continue to rise and are particularly optimistic about it may have gradually diminished.
In other words, there are not as many people buying Dogecoin as before, or the pressure to buy Dogecoin in the short term is not as great as before.
You know, it is only the bull market of Bitcoin (bread), and the bull market of altcoins has not started yet. We still have to wait patiently, and everyone should remain rational to invest!
Why do most people still suffer losses in the bull market? Three key factors cannot be ignored!
In the field of financial investment, a bull market is often seen as a golden period for investors to obtain lucrative returns. However, surprisingly, even in the turbulent tide of a bull market, many investors are still mired in losses. There are actually three crucial reasons behind this, which we need to analyze and think about in depth.
1. Wrong currency selection In a bull market, the altcoin market does have a certain amount of price fluctuations, and it seems to contain many profit opportunities. However, it should be clear that only a few altcoins can achieve a substantial increase and bring considerable returns to investors. When making investment decisions, many investors often make serious mistakes in the currency selection process due to the lack of a comprehensive and in-depth understanding of the cryptocurrency industry.
Although we can observe that the price of Bitcoin (bread) continues to break new highs. However, in this case, it should be noted that for short-term trading, the higher the price of Bitcoin, the greater the risk.
In the bull market, although the price surge seems attractive, it is often accompanied by high-risk situations such as downward pins.
Therefore, for investors who engage in contract trading, it is necessary to have a strong sense of risk. Of course, if you have a very accurate grasp of the trend of certain trading targets and have established a good trend order, you can ignore this suggestion.
When Bitcoin attracts a lot of funds and the price continues to rise (that is, the big cake sucks blood), we will find that trading operations become difficult.
This is because during this period, Ethereum (Auntie) and other altcoins did not follow the rise of Bitcoin, and even fell.
The reason behind this is that a large amount of market funds flowed to Bitcoin. Only when Bitcoin entered a high-level sideways stage, altcoins had the opportunity to usher in price increases.
In addition, in trading, we often face difficult decisions, especially in finding buying and selling points during the development of the market, which is quite difficult. This is an extremely severe test for our cognitive level and mentality.
The reason why altcoins do not follow the rise of Bitcoin is that funds are differentiated. At this stage, Bitcoin is rising while altcoins are not rising, but in the future, they will rise and fall together. In the bull market, most people actually lose money. This is because everyone is easily affected by emotions, has serious limitations in thinking, and lacks sufficient understanding of the market and their own abilities. Consider it comprehensively and think clearly
👀👀A story from losing $669 to sitting on $17 million
As FOMO sentiment grows, the story of the “Pnut guy” has become a hot topic in the industry. In the past 24 hours, the price of Pnut has risen by 100%, and the rise is still going on.
Before this wave of growth, a trader bought 19.4 million Pnut tokens with 8 SOL tokens (then worth $1,366).
Later, due to the initial pullback, he sold all his Pnut tokens at a price of 4.08 SOL tokens (worth $697), which means a loss of $669.
The hottest game in this round is definitely the MEME track.
In the last cycle, there were DOGE and SHIB, in the last cycle, there was PEPE, at the beginning of the year, there were WIF and BOME, two months ago, there was Neiro, in the past two days, there are ACT and PNUT, and there are GOAT, MOODENG, LUCE, etc. that are not listed on BN (Binance). These MEME coins have already developed into large market capitalizations.
This makes me feel more and more the charm of the MEME season. MEME is the most original appearance of the currency circle. After all, with the development of ETFs, Bitcoin has become institutionalized and US-based. Only the MEME track can leave some opportunities for new leeks to turn over and get rich.
There may also be pressure from the supervision of the US Securities and Exchange Commission (SEC). After all, MEME coins have no project party and there is no problem of listing fees. In today's strong compliance environment, they have taken a new path.
I don’t know how long it will take for the SEC to plug this “loophole”, or maybe this is a gap that everyone has finally reached a tacit agreement not to close, but seizing the opportunity now and actively “lowering your IQ” to embrace the bubble is undoubtedly the best choice. #DOGE看涨情绪飙升 #PNUT走高 #币安获CCData最高评级
Ripple XRP Price Accelerates: Can It Surge to $0.80?
XRP price rose by more than 10% and broke the $0.620 support area. It also tested the $0.740 area and is now correcting gains. The price is currently above the $0.6250 level and the 100 hourly simple moving average. There is a key bullish trend line in place with support at $0.6180 on the hourly chart of the XRP/USD pair. If the pair sustains above the $0.6200 support area, it is likely to start another upward move.
XRP price is expected to continue its upward move. It was able to hold above $0.5850 and formed a base and started a fresh increase above $0.6000. It performed better than both Bitcoin and Ethereum in the past two trading sessions and also broke the $0.650 resistance level.
PNUT has been publicly mentioned by Musk, but what I want to talk about is the coin itself. Musk seems to have only mentioned two coins in the crypto world, the first is DOGE, and the second is PNUT (Squirrel Coin). I even suspect he is manipulating the market.
If that's the case, who knows how high this coin could rise. When he released related information, I was sleeping, which delayed things, otherwise I would have gone all in at that time.
👇👇👇👇 Today there are several projects on the Solana chain worth paying attention to: banana: After previously quadrupling, I took back my principal and didn’t pay much attention, but I didn't expect it to become a hot topic this morning. My experience of getting in at 35 million (speculated that m might mean million) in Luce and seeing the market cap surpass 100 million has given me confidence again. The IP of this project should be the most meme-styled within the entire Musk system, and I estimate it will continue to rise. It is quite similar to the $ban that is about to break 100 million in market cap; let's first see if it can reach a 50 million market cap. doge: It is the earliest doge project on the Solana chain, originally called GWEN. Earlier, due to FOMO (fear of missing out), the price rose to 2 million (speculated that m might mean million), which proves its potential. It is an archaeological concept project, and currently, the price has dropped a lot. You can wait for the price to stabilize and try to buy a little, just like buying a lottery ticket and hoping for luck. dtf: This is a meme project supported by traditional finance professionals, with a stable market cap around 5 million (speculated that m might mean million). I have always believed that meme projects that can maintain their price overnight have potential, so this project can be watched.
aika: This is a meme project launched by an artist who is being followed by the Solana official, focusing on the concept of art + AI. We need to pay attention to whether there is market support when the market cap is between 2 - 3 million (speculated that m might mean million). Additionally, from the current situation, this artist seems to be working very hard.
After Binance triggered the meme market, various meme communities are eager to become the next project to be launched on Binance, but only a few can be listed.
From previous projects that have been launched:
New narratives, new tracks, and low market cap projects are more competitive;
A large number of memes with a market cap exceeding 100M will emerge on-chain;
However, once the meme craze passes, these memes with a market cap of 100M will all decline;
👇👇👇In this bull market, the AI field is very prominent, with popularity second only to the MEME field, and has tremendous development potential.
Let me tell you about a few popular AI-related projects:
$FET is a public blockchain that focuses on AI within the Ethereum ecosystem. It supports the writing of smart contracts to execute AI models, closely integrating with AI and greatly aiding the implementation of AI applications.
$IO is a highly regarded AI avatar generation project, supported by Binance and Mark Cuban, and has promising prospects for the future.
$RNDR is a decentralized rendering network that provides GPU computing power, which is crucial in both the metaverse and AI applications, with wide application potential.
$ARKM is a blockchain trading platform focused on AI, striving to provide convenient and secure methods for trading AI assets to meet market demand.
$TAO is held by Grayscale and is an innovative AI asset with unique value and potential that warrants close attention.
Based on the current bull market situation, the main areas are AI, tokenization of real-world assets (RWA), the SOL ecosystem, and MEME. If you thoroughly research quality coins in these areas and keep an eye on them, there is a chance for good investment returns.
EDU is currently at $0.56, this price point is a good entry.
If there’s an opportunity later, we could add more when the price drops to $0.52.
It is a small market cap altcoin, with a market cap of about $188 million, and there are no unlocking events in the short term.
Big brother CZ has been recommending it and has particularly emphasized the need to focus on the education sector.
Currently, its market hasn’t really taken off yet, and there isn’t much downward space left, but there is plenty of upward potential, and there are also large institutions investing in it.
So in the short term, there is a certain probability that it will be violently pumped up, so everyone can prepare to enter early.
If Ethereum experiences a surge in market trends, it will definitely lift related projects in the Layer 2 network, and at that time, OP will be one of the direct beneficiaries.
From the weekly chart perspective, OP has not yet started a significant upward surge.
So, right now is a good time to position in OP. Although it has already risen about 10% today, we can wait for this wave of market to correct before positioning. However, when positioning, it's important to control the position size to guard against potential risks. Additionally, the projects SOL and BNB are also worth keeping an eye on.