Will the rise and fall of the cryptocurrency circle really scare people to death?

Current employment situation of college students:
Girls do live broadcasts, and order takeout when they are hungry.
Boys deliver takeout, and watch live broadcasts when they are tired.
Current situation of contemporary cryptocurrency traders:
Order a girl when you make money, and deliver takeout when you lose money
Take the most classic luna as an example. You have 10,000 luna. When you went to bed yesterday, it was worth 1 million u. When you woke up, it became 700,000 u. You said that I have been in the cryptocurrency circle for so long, and it only retreated by 30%, and ust only decoupled by 10%. I believe DoKwon, so I went to bed boldly. The next day, you woke up and your assets became 10,000 U. You thought that it had fallen by 99%, so it should have fallen no further. I bought it now and it rose to 10 U, which is ten times the price. So you sold everything you had and raised 200,000 U to buy 200,000 Luna. You couldn't sleep at this time. You kept staring at it and hoped that it would rise back, but you could only watch the price go from 1 to 0.1 and then to 0.000001 and finally be delisted. In the end, in three days, your 1.2 million U assets shrank to the cost of a breakfast. You completely collapsed.
In addition to Luna, the currency circle is very different from the traditional financial market. First, it is open 24 hours a day, 7 days a week. Second, there is no price limit. Third, the entry threshold is extremely low. Fourth, there are many people who abuse leverage. Fifth, the rise and fall of altcoins is boundless. Especially when the third, fourth and fifth points are combined, it is normal to get rich overnight and go bankrupt overnight. Please use leverage with caution, everyone. You think your five-fold leverage is already very low, but you don’t know that there are days every year when the fluctuation exceeds 20%. Because of the leverage, the more it falls, the harder it is to stop, which eventually leads to a series of liquidations. Why can ETH reach more than 800 in this bear market? Isn’t it because the liquidation price on the chain is clear and there is money to throw it down to pick up the cheap corpses?

I made a lot of money in the cryptocurrency circle. If I withdraw cash, will the bank ask about the source of the money?

If the amount is too large, they will definitely ask. I have been asked 3 times.
I started trading on BitChina, but now this platform is gone. At that time, Bitcoin was only 2,500. At that time, I was doing e-commerce and had a lot of cash on hand.
Later, it rose to more than 7,000 unexpectedly, and I withdrew money. At that time, the bank was not strictly controlled, and I asked. I answered the phone and asked a lot of questions and talked for a long time, such as how many acres of land there were in the field, how many cows there were in the field, what was my surname, where I came from, and talked about it for a long time.
In the end, he said: Sir, we have a very good financial product, you can consider it. . . I fainted.
Later, he was not so polite. I heard that there were many frozen cards, so I took a lot of precautions. My card was frozen once in recent years. I just went to the counter to unfreeze it.
In fact, to sum up, as long as you don't touch USDT, there is basically nothing to worry about. There is a lot of black money in it. Funds must be cooled. Another is that it is best to convert it into US dollars, and then directly remit the US dollars to the foreign currency account. This is the best. Because it has been separated from the Chinese financial system, and the domestic and foreign financial systems are isolated, there are additional benefits during the dollar appreciation cycle. I have made more than a dozen large payments. Nothing happened. You can also spend overseas directly.
There is another secret to tell you: the foreign trade company account can be stuck with foreign exchange control bugs. So it is much more convenient to buy a mature foreign trade company and speculate in cryptocurrencies. You can also move bricks across borders

11.7 Wednesday Partial VIP data statistics

Total 8 Dan, lost 1 Dan and Da Bing lost 169 Dan

Da Bing won 1726 Dan, Yi Tai won 167 Dan

Yesterday's winning rate was 90%

Bai Lu played in the early game, the opportunity is right in front of you. Are you full of doubts about the market trend? Or are you eager to catch the express train of wealth appreciation? If you are not sure, hurry up and start the journey of wealth together.

I am a prophet, and my prediction has come true. Pictures show the truth.

There are so many opportunities in the cryptocurrency circle that there is really no need to rush. When the market comes, it is enough to seize one or two opportunities a year.

At other times, you can be calm and leisurely.

There are only one or two opportunities to see the situation clearly in a year, so let yourself be confused at other times.

Who can see the situation clearly at all times? That is a god. If you can really do it, making money is just a matter of minutes.

Most of the time, most people can't see the situation clearly, which is normal.

What should I do if I can't see it clearly? The best choice is to rest.

If you still insist on taking action at this time, the chance of losing is particularly high. Since you know you will lose, it is better to use static to control dynamics, which is the best choice.

But that said, most people can't do it. After all, this is a 24-hour non-stop trading market, and buying and selling can be completed instantly. It is too difficult to control your hands.

Take me for example. I was fascinated by contract trading for a while. When I was lucky in a day, I could make a lot of money with just one shot. That money came too easily.

At this time, it is too difficult to keep a calm mind. It is like being excited. If you make $100, you want to make $200. If you make $200, you want to make $300.

If you win, you want to win again. If you lose, you want to make back the lost money immediately.

Once you lose your mind, trading is like guessing a riddle. Especially when doing contracts, there is a 50% probability of buying up or buying down, and you always guess wrong.

The market seems to be deliberately against you and going in the opposite direction of you.

Therefore, it is important to be able to jump out and look at yourself. Only by turning yourself from an insider into an outsider can you see the market more clearly.

When you are confused, it is because you are trapped in the game; when you are sober, it is because you are standing outside the game.

The current market is volatile, and blind operations will never have a chance

Bloomberg: CZ reveals he received an offer to sell his controlling stake in Binance

In an interview, CZ recalled his forced departure from Binance and his four-month prison sentence, during which he passed the time by exercising, writing books and discussing cryptocurrencies with his cellmates. CZ said: "I don't think I want to go back to being the CEO of Binance. I have led the company for seven years. I enjoy this job. Although the work is heavy. But I think that chapter is over."

In addition, CZ said that he even received an offer to sell his controlling stake in the exchange-the shares make up the majority of his personal net worth, but he refused to disclose who the buyer was or the price.

CZ declined to comment on the US election, but said he was satisfied with the direction of X (formerly Twitter).

CZ said: "I think Twitter has developed a lot faster since Musk took over, it has launched new features, and the speed of change is much faster. I am not too worried about the rise and fall of the investment value. We are long-term investors."

The secret to not losing money in cryptocurrency trading: Master these 6 easy profits!
In the cryptocurrency circle, many people want to find a way to trade cryptocurrencies without losing money. In fact, as long as you remember these 6 principles, you can greatly reduce the risk of loss and make money easily!

1. Set a stop loss and stop loss in time
No matter how optimistic you are about a project, you must set a stop loss point. If the price hits the stop loss point, exit decisively to avoid greater losses. Protecting the principal is the basis for profit.

2. Don't blindly chase high prices
When the market fluctuates greatly, many people tend to follow the trend impulsively. Seeing others make money, they are eager to buy, but they are often trapped at high points. Analyze the market calmly and wait patiently for the right time to buy.

3. Diversify investments to reduce risks
Don't invest all your funds in one currency. Reasonably diversify investments to reduce the risk of a single asset. Once a currency performs poorly, other assets can help you make up for the loss.
4. Learn to hold and stop profit at the right time
When your assets start to make a profit, don't rush to sell. Set a reasonable stop profit point and gradually lock in profits. Hold profitable assets to keep your profits growing.

5. Pay attention to market dynamics
Regularly pay attention to market news and dynamics to understand macroeconomic and policy changes. Timely access to information will help you make wise decisions and avoid potential risks.

6. Keep a stable mind and invest rationally
Coin trading is an emotional game, and staying calm and rational is the key. Whether it is profit or loss, you must treat it with a normal mind and avoid emotions from affecting your decision-making.

It is not a myth that there is no loss in coin trading. As long as you follow these 6 principles and master risk management, you can move forward steadily in the coin circle. Remember, profits come from rational decisions and strategies, don't blindly follow the trend!

Why can't you always control your position? Here's the reason!

Position control is a very important part of trading, and many people always fall on this issue. The reason is actually not complicated, and it mainly focuses on the following points:

1. Overconfidence
Many people tend to be overconfident when trading, and think that their judgment will not be wrong, so they increase their positions and want to make a lot of money at one time. But the market often does not go as people wish, and this mentality often makes people bear huge risks.

2. Blindly chasing ups and downs
When you see the market rising, you can't help but chase it with a heavy position, or panic sell when you see it falling. This kind of operation of chasing ups and downs is not only easy to lose judgment, but also leads to frequent buying and selling, and it is impossible to calmly control the position.

3. No plan
The core of position control is to set your own risk tolerance and investment plan in advance. If there is no clear plan at the beginning, it is easy to increase or reduce positions at will during operation, resulting in increased losses.

4. Unstable mentality
Investment itself is uncertain. Many people become panicked once there is a floating loss, and want to quickly turn the situation around by increasing their positions. This operation will make the situation worse.

Position control failure is often due to emotions and lack of discipline. To solve this problem, you need to formulate a clear strategy before trading, strictly implement it, and control the risk of each transaction, so that you can be invincible in the market.

The bull market is coming, these 10 suggestions will help you avoid traps and take fewer detours!

Once the bull market starts, the market is agitated, and many people can't hold back. But don't rush to act just because of the rising trend. Only by calm analysis can you avoid being cut by leeks. Remember these 10 suggestions to avoid detours and seize opportunities!

1. Don't chase highs, don't be greedy
In the early stage of the bull market, those that rise too fast often hide risks. Don't be carried away by market sentiment. It is wise to enter the market after a correction.

2. Don't panic if it falls, buy at a low price
The bull market fluctuates greatly, and short-term declines are normal. Don't panic and cut positions when it falls. This is a good opportunity to add positions, and it will be a pity to miss it.

3. Only choose good projects
Don't believe everything you hear. There are many projects that rise in the bull market, but not many can survive. Look at the fundamentals clearly and don't be fooled into buying junk projects.

4. Short-term chasing, long-term holding
There are indeed short-term opportunities in the bull market, but those who have the last laugh are those who hold high-quality assets. Don't always think about getting rich overnight, be more stable.

5. Be wary of the surge in altcoins
When altcoins surge, you should be careful. When market sentiment is hot, the main force will often take the opportunity to cash out, don't be a receiver.

6. Look for good news and don't be tricked
There are good news everywhere in the bull market, but don't just look at the surface. Many times this is the project party creating momentum to ship, so be cautious.

7. The movement of big investors is the key
Follow the flow of funds of big investors in the bull market, don't follow retail investors to chase the rise and fall casually, and have a stronger sense of direction.

8. Put profits in the bag
The money that rises in the bull market is just a number, and only cashing out is the real income. Don't always think about greed, lock in profits at the right time.

9. Risk control should never be lost
No matter how bullish the market is, there are risks. Position control is essential. Don't go all-in, especially in a bull market. Risk control should be taken seriously.

10. Stay rational and don't follow the crowd
Everyone seems to be making money in a bull market, but you have to stay calm. Only by making rational judgments can you go further and gain more.

Several fatal problems that new investors often make:

1. Leverage is too high and full position operation is performed. Many people like high leverage and full position operation, but the margin in the account is not enough, and the position will be directly liquidated with a wave of fluctuations. In fact, high leverage means high risk, especially when the market fluctuates slightly, the whole army may be wiped out.

2. Too greedy or unwilling. If you make a little money, you don't run away, always thinking that you can make more, and think that the price of the currency can rise again, but you watch it fall from the high point. If you lose money, you are reluctant to stop loss, thinking that it can go back, and you will only get deeper and deeper in the end.

3. Chaotic position management. New investors often invest all their funds in one target at the beginning, and after being trapped, they find that there is no money to invest in other contracts, resulting in very limited operating space.

4. Seeing others jealous. Seeing others make 10 times or 20 times, you also want to get rich quickly, but you get all-in in a hurry, but you don't know that this is often the beginning of losses.

The ways of losing money are all similar. If you want to avoid detours, remember to follow me and I will guide you forward steadily!

11.7 Evening Analysis

After the midday strategy was given, it was also a steady profit

In the short term, the big cake is still running above the daily line, leaving a large space for retracement below. The previous high of 73500 is still below the hourly line. If the price needs to retrace, it will continue to test this point. Next, it can be arranged based on the low point below. The second target above is 78000!

Operational suggestions
Big cake is around 73500-74300
Target is around 75800-76500 (defense 500 points)
Auntie is around 2730-2780
Target is around 2850-2890 (defense 30 points)

After mastering these cryptocurrency trading skills, you will be like a fish in water in the cryptocurrency circle. Here are ten core rules:

1. When a strong coin falls for 9 consecutive days at a high level, you need to intervene decisively. This is a good time for a rebound.

2. If the currency rises for two consecutive days, it is the right time to reduce the position and keep the profit.

3. If a currency rises by more than 7%, there is still room for growth the next day. Continue to pay attention to whether there can be a bigger breakthrough.

4. For big bull coins, you must wait for the callback to end before entering the market. Don't be greedy. Impulsiveness will make you suffer.

5. For currencies that have been flat for three consecutive days, observe for a few more days. If there is no movement, you can consider changing the target.

6. If you haven't recovered the principal the next day, get out decisively. Don't drag your feet and keep the principal.

7. The rule of the increase list is that three must have five, and five must have seven. When it rises for two consecutive days, it is a good opportunity to enter the market at a low price. Don't forget that the fifth day is the selling point.

8. Volume and price are the key. Trading volume tells you everything. Pay attention to low-level volume and run away if there is stagnation at high levels.

9. Choose coins that are in an upward trend. You must look at the short, medium and long-term moving averages.

10. Small funds can also turn around. Operate calmly and execute according to the strategy. There will always be opportunities.

📢 Every time the market rises, there are always people chasing the highs, and as a result, when they chase, it falls. They chase a few times and fall a few times, driving their mindset to collapse. 😫

This is not surprising; when it falls, you dare not enter the market, only buying when it has risen, of course, you lose money! Entering after it has risen, losing money when it falls, and when you lose, you become fearful and quickly cut losses. Not long after cutting, the market rises again 📈

Every operation goes against you, who can remain calm? No matter how good your mindset is, you can't help but curse. 😡

However, if you learn to identify the points where the decline stops and enter the market when it stops falling, you will naturally make money when it rises, and the pullback is merely profit taking. Will you still be anxious? It’s simply impossible to be anxious. 😎

If you want to avoid being led by the market's main players and no longer go against the market, you must learn to recognize the signals of peaks and troughs, so that you can control your own destiny. 💪

Now many people begin to doubt when they see the market rise and then pull back: Is it at a peak? Is it going to crash? Is the $70,000 stage a temporary peak? 📉

You cannot understand the market, always getting excited when it rises, impulsively entering, but always panicking after it has fallen for two or three days, worrying about a big drop, and falling into anxiety. 😱

Five steps to identify the next hundredfold coin:

1. Find a promising track
Focus on future-oriented fields, such as emerging technologies or powerful ecosystems.

2. Identify potential projects in the track
Find high-quality projects that are at critical points, have strong technology, and reliable teams.

3. Check the token economic model
A moderate inflation rate, a reasonable proportion of team and investors, and tokens should have practical uses and value.

4. Avoid projects with excessively high market capitalization
The higher the market cap, the harder it is to double; prioritize low market cap projects for greater explosive potential.

5. Diversify investments to increase success rate
There are no guaranteed profit projects; do not put all your funds into one coin.

In the cryptocurrency circle, technology and experience are important, but the secret to standing firm in the wind and rain is often just a few words. These ten trading tips are simple and direct, but every word is true. If you follow them, you can reduce losses and make steady profits, not to mention doubling your money.

1. Stop loss and don't resist orders
No one can always be right in the market. If you are wrong, admit it and leave if you lose money. Resisting orders is the starting point of losses, and stop loss is the key to saving lives.

2. Small losses are considered profits
The core of trading is to defend first and then attack. Small losses are essentially profits, because you have saved your bullets and wait for the opportunity to come before making a fatal blow.

3. Follow the trend and don't buy at the bottom
The trend is like water, and those who go against the trend will be washed away. No matter how tempting the low position is, it may not be the bottom. Follow the trend, and earn less and earn more.

4. The mentality is as stable as a mountain
Look at the rise and fall lightly, and success or failure depends on fate. If the mentality is unstable, you will only chase the rise and kill the fall, and send profits back to the market.

5. Don’t take more than half of your position
A large position = a big risk, never go all-in. Use only half of your position, and leave the other half for preparation. There will always be opportunities, but opportunities won’t wait for you.

6. Increase your position only when you make a profit
The money you earn is the real money, increase your position with floating profits, and reduce your position with floating losses. Money is earned by keeping, not by smashing.

7. Keep a learning heart
The market changes rapidly, and today’s experience may not be useful tomorrow. Keep learning, summarizing, and keep improving.

8. Don’t move if you don’t understand
There is never a shortage of opportunities in the market, but they may not be your opportunities. When you don’t understand, you’d rather be short and keep your eyes open.

9. Lock in profits
Take profits when you see them, and put them in your pockets steadily. No matter how good the trend is, it will end one day, don’t wait for the retracement to regret it.

10. Execute the plan first
Have a plan before entering the market, and each transaction should have a clear goal and exit point. Trading without a plan is gambling.

Trading is like this, half depends on luck and half depends on discipline. The market may go up or down, people may be restless or calm, but what you can control is your plan and discipline. Follow these ten points and leave the rest to the market.

Money always associates with these 4 types of people

1. Those who refuse to be mediocre
How can someone who lives life with a secure job have the opportunity to get rich? Only those who are dissatisfied with the status quo have the possibility to seize opportunities for change.

2. Those with desires
Only those who have truly experienced poverty can deeply understand the taste of being poor. Those who have been poor have a strong desire to change their fate, and making money becomes their powerful motivation.

3. Those with many ideas
Being good at thinking and daring to try, breaking out of conventional thinking is the way to make money unconventionally. Having many ideas allows one to find unexpected opportunities.

4. Those with flexible minds
Doing well in school does not equal making money; what matters in business is a flexible and adaptable mind. Acting on ideas without delay or hesitation leads to quicker results.