Despite yesterday’s market crash that saw $BTC fall below $60,000, there are still a number of altcoins that are performing well and are not following the market.
This also indirectly shows that in this round of correction and decline, the bubble that was blown up in the short term has been almost cleared, and the cryptocurrency fear and greed index has returned to the neutral position of 50.
$PEPE - Driven by high liquidity and fairness, the popular meme narrative has the strongest response.
$HNT - The price drop was negligible and still up 30% on a weekly basis due to positive news on adoption.
$W - dumps hard and starts to show strength of potential bottom.
$OP - has been seeing strong OTC momentum lately with a16z.
$ZETA – The cross-chain blockchain is showing strength after a potential bottom.
$GLM - AI related token.
$Popcat - Solana meme falls from lows to ATH.
$Noia - Modular data infrastructure, recently announced a major partnership with Injective.
$GOG - Earn money playing games built on Immutable.
$APU - One of the rare memes that still remains popular.
$CAW - The Bird meme runs on Cronos but could be transferred to a few other chains as well.
Investment is the monetization of cognition, cognition is the screening of information, information is the management of time, and time is the best compound interest.
Money will eventually flow from those who are impatient inside to those who are calm inside, so most of the time, money will flow to those who are not short of money.
As Shenyu said: The cryptocurrency circle is a compensation for character and cognition, not a reward for hard work. This is absolutely true.
Choice is more important than effort. When the opportunity comes, you must dare to hold a heavy position and hold it firmly. You must have a good guiding ideology, a good circle, and good logic. None of them can be missing. In the end, money will flow from those who are impatient inside to those who are calm inside.
Some basic understandings:
1. Does making big money depend on technology? No, it depends on the market, or the big market, and a trading system that can set goals, maintain a good attitude, and firmly implement rules during the ups and downs of the big market.
2. The larger the level of the market, the less it has to do with technology, the greater the tolerance for operation errors, and all the money earned is money that comes from the wind. At the same time, the higher the requirements on your mentality, as long as you avoid greed, it will be the difference between earning more and less.
3. The smaller the market level, the higher the technical requirements, the smaller the operating error tolerance, the higher the transaction cost, and the harder it is to make money. The period of volatility is the most likely to cause unscrupulous operations.
4. Choose at most two out of the following three: trading profit and loss ratio, trading winning rate, and trading frequency.
5. The core of trading is not how many times you have made the right trades, but how confident you are about this transaction. Leverage is used to magnify profits. Don't do it if you are not sure.
Finally, in the past two days, I have seen many people suffer heavy losses due to high leverage margin calls and are on the verge of death. I feel a little emotional.
In fact, human desires are endless. When you don’t have a house, you think it would be nice to have a small house. After you have a small house, you want a large flat. After you buy a large flat, you want to buy a yacht, a private jet, etc.
Human greed and desires are endless. Even if you eventually have everything, you will still feel empty. When you go to the circle of wealthy people, you will find that no matter how rich you are, you are just a well-off or even poor compared to them. Then you will realize that the pursuit of wealth will never end, so don't regard the pursuit of wealth as the end point.
There is no end to wealth. Be content with what you have. Look around you and do more things that you find meaningful. Happiness is not necessarily obtained by wealth, and life is not just about pursuing wealth.
Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.
Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.
I hope this topic is helpful to you. 🙏Thank you for your likes and support👍
