The content of Powell’s speech has come out, and overall it is dovish.
The market also reacted quickly, with Bitcoin rising to 62,000 in a short period of time, but now it has come down again.
One speech and the market moving like this is enough.
Do you want the market to take off right now? I guess it's a bit difficult, and it will still enter a repeated oscillation cycle.
Now many people regret not entering the market when Bitcoin fell to the beginning of 4, because they listened to the slander of the leeks. Let's take it as a lesson.
Friends who once told me to wait for 37,000 bitcoins, I hope you will give up this unrealistic idea. At this position, BlackRock can take up all the chips in the market.
Is there a possibility that Bitcoin will plummet again in the future?
Judging from the current situation, the possibility is still quite high. If Bitcoin can reach around 55,000, enter the market boldly. If it really reaches the beginning of 4, Shisan believes that you can directly increase your position to 90%.
Bitcoin is different from altcoins. Some altcoins have no lower limit, but no matter how the Bitcoin market fluctuates, as long as we hold on to it, we will not lose money.
Previously, Thirteen said internally that Bitcoin should be bottomed out at around 58,000 and profits should be taken at around 62,000. Today, someone asked whether this should be executed. There is no doubt about it, it must be executed.
In the future, you should directly set the take-profit and stop-loss points for this kind of orders, so as not to miss out on them because of lack of attention.
Of course, this part only applies to short-term positions, and long-term positions will continue to be held unchanged.
2，
Someone said today that if I only invested in Bitcoin, I would do the same.
Do you really know how to do this?
If you can do this, then it is impossible for you to lose money in the cryptocurrency world.
Not only will you not be able to hold on, but you will also think that you are so smart that you can keep taking advantage of the situation to magnify your profits.
In this round of market, the prices of altcoins have almost been halved, while the decline of Bitcoin is only about 20%. Combined with our bottom-fishing operations, we are almost incurring losses now.
This is for Bitcoin, but as for altcoins, no matter who you are, even the gods in heaven will have their money cut in half with this market situation.
The most challenging thing about investment is your mentality. The value of Shisan's existence is to give you confidence and teach you the correct investment mentality. It encourages you to buy at the bottom and reminds you to take profit when it is time to take profit.
In this way, you will definitely be able to make money in this bull market.
Everyone knows that in a bull market, if you can make money, you have beaten more than 80% of people.
Making money in the cryptocurrency world seems simple, but when human nature is added, greed and fear are infinitely magnified, making money becomes almost impossible.
In particular, some "leeks" particularly like to invest in altcoins or even local coins, and ignore several leading valuable currencies such as Bitcoin and Ethereum.
In fact, after all, there are only a few truly valuable projects in this circle.
If you put your money in a pile of garbage, your money may become garbage at any time. Thirteen has been in the cryptocurrency circle for many years, and I know how people who make money in this circle make money.
There was once an advertising master who designed an advertising slogan for a company. He signed a contract for decades, and the slogan never changed. The boss of the company asked the master, "You made this money too easily. You only worked for the first year, and you were just getting by for free for the rest of the decades."
The master said that the work in these decades is more difficult because they have to hold your hands to prevent you from changing the advertisement.
The same applies to thirteen.
3，
Recently, combating virtual currency crimes has become a priority.
I hope that Thirteen’s fans will pay attention to safety, never do anything illegal, and just invest honestly.
Especially withdrawing money, it is a high-risk behavior during this period. If you want to withdraw money, it is best to do it through the platform and find a merchant you have traded with before.
But be sure to go through the platform and never trade privately.
There must not be any abnormalities in the amount, such as a sudden influx of large sums of money.
When making withdrawals, it is better to choose a local small bank. Do not use the Big Four banks, especially bank cards that you frequently use in all aspects of your life. Do not use them to withdraw funds.
If possible, just wait at the bank door, withdraw no more than 70,000 yuan each time, and then convert all of it into cash.
You can withdraw 50,000 yuan at the counter and 20,000 yuan at the ATM.
Even if your card is frozen, you don’t have to worry about your funds. The premise of all this is that you must be clean.
If your card has been frozen, do not try to hide it. You must tell the truth. We are all open and honest. Otherwise, if the facts investigated later do not match your statement, you will never get your money back.
When withdrawing funds, it is recommended to use a bank card instead of WeChat or Alipay, because these two are tools we use frequently and it will be very troublesome if they are frozen.
After the freeze, you can consult a lawyer, but try not to hire a lawyer because it is too expensive. One-third of the money will be spent on lawyer fees, which is not worth it.
Finally, the most important point is, never give your bank card to others to use for payment, no matter who you are, not even your best friend.
Once this happens, you're most likely doomed.
Risks are everywhere in the cryptocurrency world. I hope everyone will protect themselves well.
4，
Finally, let me tell you the good news, cz is out.
Although he was finally released at the end of September, CZ has now been released on bail and returned to one of his homes.
Although we were under supervision and even under house arrest during this period, it is good news that we are out now.
We all know what CZ means to Binance and the cryptocurrency world.
You must hold the bnb in your hand firmly, not only can it be used as a golden shovel but it can also earn you steady profits.
In short, the cryptocurrency world is about to usher in the starting point of this bull market. We must be prepared for it at any time. If we miss it, we will have to wait another four years.
Four years, it was so hard.
Come on, people in the cryptocurrency world,
Welcome to: Minus Thirteen Degrees
Let’s go through the bull and bear markets together and see through the mundane affairs of the cryptocurrency world.
