Last night when Bitcoin was at 59,000+ and Ethereum was at 3,200, I told everyone in the Thirteen Circles that they could reduce their positions, free up cash, and reduce account risks.

It may be because many people believed that the positive stimulus of CPI would cause the market to continue to surge, but unfortunately, Thirteen's words came true and the market quickly returned to its original path after rising.

Many of my friends were embarrassed. I received many messages today, all asking me what to do now since I didn’t leave on time yesterday?

The difficult problem was given to Thirteen, who was also very distressed. What could he do?

It is nothing more than a matter of personal risk tolerance and capital occupation. Those with heavy positions must stop losses on a part of the position. In other cases, you can choose to reduce leverage at a lower position and turn short-term into long-term...

Everyone gives different advice, but the losses are the same.

No one can tell the short-term market conditions clearly. Thirteen has told you countless times in his articles that for long-term positions, you should ignore the ups and downs, and for short-term positions, you should be very resolute in taking profits at high levels after bottom-fishing at low levels, and don't drag your feet.

Don’t worry that you won’t be able to profit if the market takes off later. Right-side trading is also a very wise investment strategy.

Ultimately, it is human greed that is at work.

Always wanting to get more, you end up losing more, especially in the current uncertain market conditions.

Every time you lose money in the cryptocurrency circle, it is a valuable experience. Money cannot be lost in vain. You must learn from experience and lessons so that you can grow in the cryptocurrency circle. Some people have been in the cryptocurrency circle for many years and have been losing money, and they always blame the bankers for cutting leeks.

Little do people know that the real reason for losing money is that they have never learned lessons from the experience of losing money.

2，

Yesterday’s positive CPI briefly boosted the cryptocurrency market.

Bitcoin once began to challenge the strong pressure level of 60,000, while Ethereum also broke through the recent high of around 3,215.

At that time, Thirteen told everyone internally to reduce their positions, and sure enough, the market continued to fall.

The U.S. stock market was even worse, with a total of 600 billion U.S. dollars in assets of the six major giants wiped out, and Tesla even plummeted 8% at one point.

The cryptocurrency has only pulled back by about 1.5%, which is already quite resilient.

The key to the future market situation still depends on the selling pressure. The good news is that Germany is finally going to calm down, and now there are only 4,925 bitcoins left.

This number no longer poses any challenge to the market, so the bearish selling pressure has become a thing of the past, which is considered a positive factor.

But greater selling pressure on the entire market may have just begun.

First of all, let’s talk about Mentougou. Today, I saw many experts analyzing that the selling pressure in Mentougou has not really started yet, and it has now begun to take over from Germany.

The selling pressure of 8 billion US dollars is very unbearable for the current market.

Not only that, Genesis is also selling its Bitcoin...

Therefore, the selling pressure in the entire market has not decreased, but has become more severe than before.

It may take the market about two weeks to digest this selling pressure.

3，

However, although the market selling pressure is huge, we may not need to worry too much.

There is great selling pressure and a lot of buying power. Sun Ge and Wall Street institutions have begun to slowly come out to buy at the bottom.

Although at the moment, Sun Ge seems to have lost money.

Today, someone analyzed a long order of Bitcoin at 68,000 points of HUO coin, which was confirmed to be owned by Sun Ge, and now has lost 100 million.

Pecking all day long, he was finally pecked by an eagle. However, whether this story is true or not, just treat it as a joke. Sun Ge's 10 billion fortune is just a drop in the bucket.

Although many traditional funds are still on the sidelines of the entire market and new funds have no motivation to enter, Wall Street ETFs and cryptocurrency giants have already begun to slowly lay out their plans.

As retail investors, if we want to make money we must follow the rhythm of the market makers.

However, bottom fishing also requires controlling the rhythm. Do not chase when the price goes up, and slowly bottom fish after the price goes down.

Be sure not to worry about gains and losses, and always want to buy at the lowest price. No one can do it, not even Sun Ge and other big guys.

Every day in my articles I will encourage everyone and make everyone believe that the bull market is still there. My mouth is smoking.

From any perspective, this cannot be a bear market.

However, before each bull market begins, it will go through a long period of torture. During this period of torture, the leeks are almost completely cut off. Then the market will suddenly take off, and the leeks will frantically chase high prices and enter the market, only to continue to be cut off at high levels. This is the fate of leeks in this circle.

If you really want to change, then welcome to join the Thirteenth Circle and let's dance to the rhythm of the dealer together.

4，

Shisan has been in the cryptocurrency circle for many years. Every once in a while, a new concept in the cryptocurrency circle will suddenly be hyped up.

The entire market has paid great attention to it, including funds, traffic, platforms, etc...

But after a while, they will slowly disappear from the public eye.

For example, the Ant Coin, EOS, dot, Fil, etc. were so crazy at that time. Some local dog coins and community coins were even given the historical mission of helping the leeks to turn over.

The results of it?

It's almost a mess.

Of course, in this process, the dealers made a fortune, and countless crazy investors were suddenly cast into the mortal world in their extreme excitement, and it was normal for their funds to almost return to zero.

Shisan was once a crazy ICo. At that time, as long as you could grab a project, no matter who it was, as long as it was online, you could make a five-fold profit.

At that time, I went crazy and spent money crazily to grab projects.

Later everyone found out that all the funds were reduced to zero almost overnight.

Later, I gradually understood that if retail investors want to make money, they must bet on projects with long-term value, such as Bitcoin, Ethereum, etc.

They have experienced the baptism and verification of time, their value has been recognized by everyone, and now they have passed the ETF, so there is a lot of room for imagination in the future.

Although it seems expensive now, good things will be more expensive in the future.

Moreover, you don’t have to worry about losing money when you invest in them. The floating losses are only temporary and you will definitely make profits in the future.

The fundamental way for retail investors to gain a foothold in the cryptocurrency circle is to choose these high-quality projects, rather than investing heavily in some junk coins.

In every project, there will be many people telling you that this coin will increase a hundredfold in the future. They are trying to drag you into this for their own selfish purposes, so you must be cautious.

You can try small positions, but large positions must be placed on Bitcoin and Ethereum.

Finally, we welcome those who are directly connected to Dehe to join Shisanquan.

Welcome to click on the homepage to follow Thirteen

Let’s go through the bull and bear markets together and see through the mundane affairs of the cryptocurrency world.