Everyone participating in the market wants profit, so what is your target and how long will it take to achieve it?
Set yourself a clear goal with a specific time. It may not need to be exact, but there must be a stage and time when it can be confirmed. Why do we need that?
When you have a desired profit target, you will not need to be greedy or angry with others when they gain or lose. That will help you focus more on your goals and avoid outside influences.
Given the time needed, that will be the time you can do it. It helps you calm down, not be too hasty and impatient, and then have to regardless to participate in the market, you will have a more calm mind before fluctuations and periods when it is not necessary to rush in to find money. Make profits with full risk.
My own profit target is quite large, so the time to complete it well I think is about 2 cycles from now, which means about 6-8 years.
I wonder how many people have left by then and how many people are left. What I've been through, the people I've met, I find wonderful.
I hope everyone who reads this article can achieve their goals. GOODLUCK😊
After x10 tk last batch and burned in 1 night. I have reshaped my thinking and playing style. Everyone can refer to this so we can go a long way on this road
First, capital allocation. The financial market is extremely full of opportunities and comes with countless risks. To ensure you can stay in the market for a long time, you need to allocate capital and manage those risks. I divide capital 9:1 between spot and future. Spot will make sure that you are not psychologically affected and dare to hold until the end to avoid greed in a moment when it overwhelms you and causes you to make wrong decisions such as going for too large vol or reckless fomo. Future 10% has high risk but will bring more opportunities and lessons for you
Second, about how to play. Spot this stage is to find potential coins and hold until the peak of its trend or until the end of the season, but you must have the right analysis to dare to hold to target. I bought it to stake :) Futures take advantage of the collapse and hit hard or take advantage of the trend and follow the wave of each coin and of course have a full SL and play the principle of not being obstinate. If you win, move the sl to the entry to consider if you can keep it. then it will hold long and k will close
Third, about mentality. I started with a low position that wasn't that big, so I had to know how to wait for the right moment and wait for the right outcome. It may take 3 months, 5 months or 1 year. But you only need 3-6 bets and you understand that if you dare to go for full capital, hold and dare to wait, then x1000 tk is not impossible.
I currently only deposit 1k1, so with 1k I buy a spot with full capital and then stake it. If it's a little more than $100, I bet on the future. Please follow along
Show me the balance I bet from 400$ to 4k$ for everyone to see without saying it's nonsense lol. Now let's start with 1k1 =)) It's a bit sad but don't give up at this stage
Every time the market goes sw, there are always 2 cases. 1 is to accumulate for the next ascent, 2 is to distribute for a long explosive process.
We are in the middle of the up season so I won't talk about the market going down completely. Therefore, this article will discuss the timing for the upcoming waves
Reviewing what has happened in the past, we have: sw from 12/22 - 2/23 = 56d >> pumd next 5 months sw from 8/23 - 11/23 = 56d >>pumd next 2 months sw from 12/23 - 1/24 = 61d >> pumd next 1 month this time 3/24 - 6/24 = ~112d >> pumd ?? next
Although the running time will be different for each stage of each wave, there will always be temporary rest periods for the next step. Just like this period.
For me, the next period will be the 3rd and 4th quarters of this year, possibly extending to January-March of next year. It is likely that this will be the longest wave of the cycle. Then we will have a fairly large correction in the middle of a period of market rejoicing. To run for the last wave of the second half of next year.
I don't know the exact time, but closer to that stage I will be more careful and prioritize safety over opportunities to reduce risks. And now I'm trying to force OP's hand against ZETA 😅😅😅
From the perspective of the market cycle, we are now in wave 2 after breaking the ATH and testing again. Therefore, breaking ATH and going up is inevitable.
From a macro perspective, cheap money has not yet been pumped in, interest rates are still high and starting from the second half of this year, interest rates will be lowered. Especially next year the interest rate will be brought back to 3.9%. That means that time was truly a boom period for the financial sectors.
In terms of data, options orders have been opened with a volume of x5-x7 times from July to the end of the year. This proves that large funds are focusing on hitting the wave at the end of this year. With such a large cash flow, it is definitely not from retail investors, but from market-oriented people. (image below)
In terms of news: BTC ETF, ETH ETF, US election,... all are showing that the attraction of crypto this season will be very large and strong.
BTC has fluctuated around 20% in the 3 months since breaking ATH. Many people were really depressed when they saw altcoin /3 /5.
However, before that, those same people said they would hold for the cycle, hold until 2025. The market's best thing is to understand your psychology, just give candy and take it back, a few times and everyone will be afraid.
Determine which stage you must participate in and which stage you will exit the market as soon as you can calm down. Avoid the situation where when the market wave starts, you get carried away and forget that you need to stop to avoid risks.
What was the important macro news yesterday? - CPI m/m, CPI core m/m, CPI y/y all decreased stronger than expected - Interest rates continue to be kept at 5.5% - FOMC press conference is neutral
We can also see the possibility of interest rate reduction this year, the rate of interest rate reduction also increased compared to previous times. In particular, the consensus was to sharply reduce interest rates by 2025, and drastically reduce them to 3.9%.
The market then also reacted quite positively to the news. It's easy to understand that when interest rates drop to a stable level, then the market will be at a high level. And now we are only at the halfway point of the wave. So don't look down anymore, you'll end up in dust :))
December will be quite an important day, when macro news will be released, especially US interest rate news. It will directly affect cash flow in the medium term.
I don't pay much attention to fud or market news, but macro news is different. Macro news will partly shape the market in the medium term
If interest rates remain the same tomorrow, it is likely that the market will still stay in this area for further accumulation. If interest rates decrease, of course it will be the most beautiful and clear scenario for the market.
In general, there will be 2 directions, 1 is the next swing in this area, 2 is the break to go to the next milestones. THERE IS NO DOWN VIEW, so don't ask for short or out lines. I accept this price, so even if I lose a little, I still keep it
The market is telling us, you have to sell, don't hold. After a whole month, a few altcoins increased by 30-50%, but in just one beat like just now, we see the game is completely reset.
The story here is whether to continue holding and how far to hold. The market is giving us the feeling that when we reach that zone, we should sell and don't hold, otherwise we'll lose all the profits.
We may not believe it once, but 3 times, 5 times like that after a few months in this area. I bet that many people will believe it the next time (or maybe the last time).
And then the story is that I will hold until this target, until this stage, or until these factors are present... all are gone. With just a few scares from the market, many people have lost their goals and steadfastness. Then when the price goes strong and breaks through that area, people will almost have to buy and chase or lose all opportunities to get the same position as before.
Therefore, be clear between account allocation for trading and holding. My hold on the last beat had zeta running at 50% for a week but now it's only a slight dip of 3%, but I don't care too much because I can't tell if those are tries or if the beat is going up. I only care about my entry and target.
I still spend a part to trade, catch short waves, h1 h4 d1. eat and fall early
So everyone should be clear with themselves, so as not to miss the whole wave because of the ripples
Before, I didn't believe in fate or rules at all. But after what I've been through, from life to work and directly this investment segment.
Everything has its own operating rules. There will be periods when we can't be fast when we want to be fast, and when we want to be slow we can't.
Because if you keep wanting everything your way, the results will be very bitter. Instead, follow that change, think that everything that comes at this time is just this stage it will appear, nothing should be too surprising.
This article is a bit rambling, you don't need to care but don't judge, I just wrote it for myself. Saying negative things will block my square diary :))
chart $OP OP has 2 major resistance zones: 1 is $3, 2 is $4.6. However, the main area is 3$. OP will soon be in the top 10-20 MCs. soon. soon Depending on whether you choose to trade or hold, you can refer to this
This stage is an unclear stage, making us afraid and hesitant about our decisions. Will the price drop further? The price will probably test the lower zone again, wait a little more and then enter
But that's why when everything is so clear, we ourselves are caught in another problem: this price is too high, I'm afraid of being adjusted, I wait for a little adjustment to optimize profits.
And just like that, we are subject to repetition in our thinking and instincts. Then when the price increases too sharply, we begin to lose patience and are forced to rush in regardless, along with much greater risks.
Each person has their own knowledge and experience, so it's impossible to advise anyone to fully understand what they want to do, so we just do what we feel is right. If there is a mistake, it will be a valuable experience for me
Why is it okay to list new coins for a while, even x5 x10. However, there are new coins listed again /3 /5.
The new coin list has many types, from meme coins to coins with a clear foundation like laeyr 1 2. But no matter what type, there are always only 2 possibilities: push or release.
Coins that are pushed are often due to factors: low initial valuation, low circulating supply, high MM holdings, fomo community, etc. . On the contrary, the coins that are dumped often have the following factors: High circulating supply, initially mainly owned by the community, overvalued, etc.
For example, we can see: TIA, NOT, ONDO,...all x5 x10 are coins that were initially undervalued or had very little outside supply. or: STRK, W, PEPE,... all /3 /5 before being able to increase in price are coins that are highly valued or have a lot of circulating supply outside.
Therefore, new coins regardless of type. However, it is necessary to properly evaluate the ability, the assessment of external supply and pricing or other factors must be based on each person's knowledge and experience. Think through all the possibilities before making an investment decision
There are many people who say there will be no altcoin season this season. I don't know what they are like, but if anyone advises you that, block it and listen to it until your head gets tired.
The person who says that to you either doesn't understand anything about the market, hasn't experienced a full season or that person is very rotten :) . A bit rough but true. Why?
People who have not experienced a complete season, nor learned the intellectual knowledge to understand the market, are basically still vague and unclear, they will follow their instinctive judgment and fear of greed. .
But someone who has been through it all and has experience but still advises that is very whoreful. They know that but still advise you to spend it right when you are close to your destination. Then when you go out and watch the price run for a while you are stunned with regret
As for why there will definitely be an altcoin season: - This is the crypto market, not the BTC market - Funds pour money into projects that are not for play. Those projects are altcoins, whoever criticizes them can criticize them - The highest profit margin comes from altcoins, not BTC, this the big guys all understand, so they work hard to draw enough trends to pour enough capital into
Finally, I don't want to point out anyone by name, but you have to listen to the right people, otherwise you should find your own mindset to learn and improve yourself.
Hello guys, preparing to enter the big battle, so nervous. I have also completed the list since April 18.
Now I just lie motionless and wait for the next moment. I also won't trade anything anymore. If I have more capital, I will spend it on trading, and the previous portfolio will be kept until the peak of the up season or to my target.
During the up season, there will be sales that are even more terrible than the down season. The rhythm decreased by 30-50% in just 1-2 days and then recovered as if nothing had happened.
Therefore, we need a good entry or a strong psychology to not be discouraged by the market. It's all about looking at the right target at the right time. Because I've always been bullish in all my articles, now altcoins with x3 x5 are still bullish.
Now is not the time to jump back and forth, trade out trade hold out hold. Wish you luck
Lists that can be held for this cycle: $OP $SUI $APT ZETA ALT ONDO.
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ETH ETF has been approved, soon money will flow into ETH and altcoins like it flowed into BTC when approved.
The approval of the ETH ETF may just be an excuse, but when it is confirmed, layer 2 guys will benefit the most. Specifically here we will have OP, METIS, ARB, STRK,...
Those are layer 2 developed directly to solve ETH problems such as reducing transaction fees, increasing network speed, increasing work processing capacity, etc. Therefore, in addition to the cash flow flowing directly into ETH will flow directly to layer2 that is strongly supporting ETH
Personally, I hold $OP . You can refer to other coins like $ARB . However, I think OP will be the layer 2 with the best price among the layer 2s. You can also trade $STRK
Although investing in layer 1 cannot bring large, immediate profits like lowcap altcoins or memes. But if you consider sustainable profits and profitability within a cycle, it is worth investing in to ensure safety.
Behind layer 1 are genuine bakers, with capital poured in in large quantities. Then the risk of individual investing will be greatly reduced. Because we can understand, the bakers behind them will have to do everything to push up prices and make profits corresponding to the huge amount of capital they pour into those platforms.
If lowcap altcoin can x10-x20 in a few days, it will also be dumped /5 /7 in 1-2 days. As for layer 1, when the process of creating the price line takes up to several months, the distribution will also take longer, up to several weeks. From there, we can rely on the price line to minimize the risk of exiting with MM behind.
Investing in layer 1 at the present time I find extremely reasonable, when most layer 1s are at very nice buying prices. With this price range, we can absolutely expect x5-x10 for this cycle. However, it is difficult to say what the actual price path will be for each coin, so there may be coins that will be pushed at this stage, and there will also be coins that will be pushed at a later stage.
I personally bought $SUI $APT ZETA for this cycle. Additionally, people can refer to $INJ , TIA.
1 is the price going through 72k to continue up. The entire market is increasing and we will see ETH and altcoins increase even more
2 is the price going to sw in a short time, the money flow into ETH and altcoins is clearer, creating a strong wave for total 2.
There is no downward view. Give up the idea of shortening. If you hold in the up season, even if you lose, it will be in the short term. If you have dca, you will feel more secure. If you make one mistake in shorting, you won't see where you're headed. At that time, I could only pray and wait for the liquidation email, or even if I cut my losses, I would still lose a lot.
So be confident with your choice. keep it until the target. Whoever gets the most profit is happy for them, don't be tempted to jump back and forth, it's very boring if your child just jumps and flies, just sit back and wait for the target.
ETH etf has been officially approved, the story now will be the same as before btc, it will also wander around this area a bit. But very soon the money will flow strongly, and then we will see a real increase in ETH. Now the dark and difficult times are almost over, we are standing before the dawn. Please wait with confidence
This wave will be the wave for ETH and altcoins that has real potential to be pushed. What is the potential here? It's about the fund behind it, it's about the supply of tokens held by the fund. The supply is quite difficult to evaluate, can only be evaluated 70% based on charts, onchain, and tokenomics. So don't believe in something completely, avoid selling salt. At that time, don't ask why sea water tastes salty
During this period, there will be many altcoins that will not follow the market but will run their own wave, like the market will go whatever it wants, I will just keep going. So don't be tempted to jump around doing anything, then as soon as you jump, it flies away and regrets it
altcoin holds can refer to: $SUI , $APT , METIS, $OP , ZETA, ALT
You spend 4 years in college to get a career for yourself, earn a monthly salary with your job. Yet, as soon as you get your feet wet in the market, you're already asking for K$ or M$.
I personally started with crypto in mid-2022 during the downdtrend. Get exposed to the market, learn from your predecessors, learn from your own direct experience of stumbles, learn from the history of the past market. And still constantly learning about new updates on the market. Yet sometimes I still wake up when I get slapped.
As in the most recent period, I have continuously posted articles about long-term increasing views for the market, especially with altcoins. I also see that the money flow will flow to ETH and then to altcoins.
But we must admit that if we have not gone through the entire cycle, we will not be able to predict the dangers and risks along with its opportunities. I was a bit surprised when ETH increased by nearly 40% in just a few days. I'm sure ETH and altcoins will soon break the old ATH and go equal to or faster than BTC, but I don't think it will go that fast.
That shows how important experience is, not only helping us avoid major risks that can occur, but also showing us opportunities that others are afraid of.