A piece of advice for currency speculators! ! !

Whether you hold BTC, ETH or BNB, take three minutes to take a look!

The last nine things you don’t want when it comes to financial freedom in the currency circle.

First, don’t let people around you know that you are speculating in currencies. There are many reasons, and those who understand will understand.

Second, don’t let others know how much money you make, and don’t post income and asset charts to avoid unnecessary trouble.

Third, don’t post about your wealthy life in your circle of friends. Except for your close relatives, no one wants you to live well. Showing off can easily lead to jealousy.

Fourth, after acquiring a large amount of wealth, keep a distance from the people you originally knew. After reaching financial freedom in the bull market of 2013, 2017, or 2021, the first thing many big names in the cryptocurrency industry did was to resign, and they never worked again. The second thing is to delete all the people I knew before.

Fifth, don’t touch gambling and drugs. Gambling will destroy people on a psychological level, and drugs will destroy you on a physical level.

Sixth, don't call people stupid, peace is more important, anger will affect your wealth. Stay away from trash people and people who consume you. If you have any disagreements, just block them and delete them. Adding more punctuation marks is a waste of time.

Seventh, do not take the initiative to do good deeds, do not pity anyone, let go of the complex of helping others, and respect the fate of others. Just be yourself and let the rest take its course.

Eighth, don’t make random investments in areas you are unfamiliar with. People cannot make money beyond their knowledge.

Ninth, resolutely do not start a physical business unless you do it for fun and not for the purpose of making money. In terms of the current economic environment, physical entrepreneurship has a narrow chance of death.

Today I was reminded of a very interesting thing, about Brother Sun!

Do you remember that Brother Sun bought 14,000 ETH at an average price of 3205 some time ago, about a month ago, and then on May Day, ETH fell to 2817, and then many people laughed at Brother Sun for finally being cut. At that time, the floating loss should be about 40 million RMB, which is a huge fortune for ordinary people. At that time, a lot of people laughed at him!

Today, a month later, the price of ETH has reached 3740, with the highest price of 3846. The 14,000 ETH purchased by Brother Sun at that time also went from a floating loss of 40 million RMB to a floating profit of nearly 60 million RMB.

So this incident tells us that we should never underestimate the unique vision of a big man. When a big man enters a certain field in a big way, there is definitely a reason, and it is definitely not groundless. The reason why the big man can have the current status is definitely not achieved by luck alone.

Just a few days ago, Brother Sun bought 4232 ETH at an average price of 3593. Tomorrow is the last day of the ETF. Whether it passes or not, there will be a callback, and the price may be lower than now. At that time, it depends on whether you dare to buy these bloody chips!

Investment method: capital preservation first, win in stability

In the cryptocurrency investment, the most important principle is to preserve the principal, because the principal is the basis for us to earn more profits. Even in the crypto world chasing high returns, rational stop loss is needed to ensure financial stability.

The philosophy of the famous investor Buffett is a good reference: he emphasizes long-term benefits, and preserving capital is the cornerstone of this process.

Buffett does not regard each investment as an independent individual event, but focuses on the overall investment process and internalizes capital preservation as the basis for every decision he makes.

When making investment decisions, he may not always think of how to preserve capital first, but this principle always runs through his investment method.

In the cryptocurrency circle, the principle of capital preservation does not mean no risk at all. Profits and losses are interrelated, and never taking risks means never having the opportunity to make money.

Wanting to make money does not mean that you will definitely make money. You must do the right thing at the right time, and this "right thing" is first to preserve the principal. On the basis of preserving the principal, consider how to make a profit.

The definition of investment is to protect the principal first, and then make a profit. Otherwise, once the principal is lost, even if you encounter a good investment opportunity tomorrow, you will be powerless. The advice of experts in the cryptocurrency circle is without exception: try to protect your principal and win in a stable way, so that you can remain invincible in the ever-changing market.

As the Ethereum ETF is about to be officially launched, let me briefly talk about my personal views on the trend of Ethereum!

According to Bloomberg and sources, the Ethereum ETF will be launched as early as July 2 to July 4, that is, before the US National Day (July 4). In other words, according to the predicted time, it will be less than a week away from the launch time. There is no official news about the launch time, but according to the recent statement of the SEC Chairman (Ethereum ETF passed the process smoothly), the official launch time of the Ethereum ETF should not be long!

You may ask, why is the Ethereum ETF so weak when it is about to be launched?

In fact, from the panic caused by the Mentougou compensation in the past two days, it can be seen that Ethereum's ability to resist falling is completely greater than Bitcoin. The lowest price of Bitcoin's plug-in this time is about 58, while the lowest price of Ethereum's plug-in is about 32. The last time Bitcoin fell to about 58, the price of Ethereum was about 28, and the price difference was more than ten points. It can be seen that this time Ethereum can resist falling completely thanks to the upcoming passage of the ETF. Otherwise, according to the previous urine, Ethereum will inevitably fall below the previous low. So from here we can see that if there is no major event, it is difficult for the price of Ethereum to effectively fall below 3,000!

Before the first meeting of the Ethereum ETF, Ethereum rose 25% in a single day, so I think this time it will also follow the glory of the last time and directly touch the 4,000 position. In fact, everyone has been waiting for the plunge after the Ethereum ETF is passed, just like the Bitcoin ETF after it is passed, but I don’t think so. I think there will be a normal callback after the rise, not a plunge. The callback range should be within 15% of the highest point, unless there is a major event (because this is unpredictable).

I personally fully believe that after the ETF is launched, Ethereum will reach 4,000, and the price of Ethereum will reach 5,000 this year! These are just personal opinions, not investment advice!

Everyone is welcome to express their own opinions!

I just finished playing a game, and then I received frequent notifications that Bitcoin and Ethereum fell below the price. I felt like the sky was falling, and it was raining heavily. Did God also buy Bitcoin? It cried when it fell. I won’t say more. I’ll put on my yellow robe and continue to take orders. After all, there are more orders when it rains heavily, which can make up for my inner trauma.

Do you still remember the OKX-led social platform project UXLINK that I introduced to you before!

According to the latest news, their number of registered users has exceeded 10 million. This means that UXLINK has become the first social platform in the history of blockchain and the field of SocialFi to have more than 10 million users, and it is definitely the leading project in the WEB3 social track!

It needs to be stated here that the 10 million users here are independent addresses, that is, they do not include associated addresses, which is what we often call multiple wallets for one person, and UXLINK adopts a 100% invitation system, that is, all users here must register through an invitation link or invitation code, and must complete the tasks issued through human-computer interaction to become UXLINK users, which completely eliminates robots. This shows how valuable these 10 million users are!

At the same time, UXLINK also has more than 100,000 WEB3 groups in the Telegram ecosystem, further consolidating its leading position. It can be seen that the popularity of UXLINK is quite high!

According to the chain, UXLINK currently has 4.7 million monthly active addresses on the chain, ranking first in the entire domain. With such high activity on the chain, it can be seen that there are a lot of users supporting UXLINK, and UXLINK also uses very rich rewards to motivate them, indicating that the future development of UXLINK is bright!

Let us wait and see if UXLINK brings us more surprises!

If you still have any questions or confusions, you can check the project analysis: theblockbeats.info/news/53808

According to the latest news, the social track #UXLink has completed the snapshot of the first season community airdrop certificate NFT on June 4, with a total of more than 1.5 million snapshot addresses!

This snapshot is very popular, and I believe that many people who have done the task before have obtained the snapshot.

Since $NOT has been extremely popular recently, I took #UXLink and NOT to compare the on-chain data. The result surprised me a little!

According to the on-chain data, the number of NFT addresses in the #UXLink snapshot is 1.5 million, which is about the same as the number of on-chain currency holding addresses of NOT. That is to say, UXLink is comparable to NOT in terms of users. Secondly, the daily active users on the UXLink chain far exceed the daily active users on the NOT chain, and the gap is about 1.5 times!

Therefore, it can be seen that #UXLink is a project with great potential. As a social track, it is very good to have a strong community user base and so many daily active users. This has laid a strong foundation for future development and is worthy of attention!

Yesterday, there was a change in the cold wallet of Mentougou. The total holding of the wallet exceeded 140,000 BTC (worth nearly 10 billion US dollars). The sudden change of the wallet made the market smell some crisis, so there was a small drop in the market. Therefore, this incident still has a certain impact on the market!

Yesterday, there were a lot of negative emotions in the market. It seems that everyone is afraid of who will take over the $BTC of the 10 billion US dollars once it hits the market. Indeed, if such a large sale occurs at once, it will definitely cause retail investors and some whales to sell and cause stampedes. In addition, Grayscale has been selling all the time. If things really ferment, it will be difficult for Grayscale to not sell the 280,000 BTC in its hands to the market. The current market liquidity is very weak, which is very likely to cause another black swan event!

But don't worry, because in the compensation plan provided by Mentougou to creditors, the compensation amount includes basic compensation and proportional compensation. The basic compensation plan has been announced, and the specific situation of proportional compensation has not been announced by Mentougou, which means that creditors will not receive all the compensation assets at one time. Therefore, there will not be a large amount of selling orders in the market at one time. Everyone can fully believe in the market's ability to take orders. After all, everyone can believe in BlackRock!

In addition, most bondholders have actually sold their debts to funds a long time ago, so the selling pressure has been hedged. And those who have not sold and have held until the end will definitely not choose this time to sell. After all, who will easily throw away their chips in the early stage of the bull market, unless they are really short of money or do not trust the market, but there will definitely be some people who will continue to hold, so there will be no large-scale selling in the market!

Today is different from the past. Institutions have gradually become the main force in today's crypto circle, especially after the Bitcoin spot ETF is passed, the impact of 140,000 Bitcoins on the market will gradually decrease, so don't sell your chips easily, because this is likely to be done deliberately by the dealer, just to wash the market. After all, the Mentougou incident in the bull market will be used as a reason for washing the market every year!

Even if this time is real, those who hold spot continue to hold, and those who hold contracts do a good job of stop loss. In short, what is coming will always come, and it is always good to be prepared in advance!

The recent boom in the meme coin market reminds me of a saying, "Value investment is nothing, once a meme lives in a palace", which is not wrong. After all, many people in the circle have earned their first pot of gold in life through meme coins, and even successfully crossed the class by purchasing meme coins in the early stage, which is what the circle calls "wealth freedom". Why are meme coins so fascinating?

First of all, what are meme coins?

Meme coins are cryptocurrencies inspired by meme culture or jokes on the Internet and social media. The first meme coin created is the well-known DOGE, which was launched in 2013 as a parody inspired by the popular Doge Meme of the Japanese Shiba Inu.

The value of meme coins tends to fluctuate greatly (low liquidity). They are mainly driven by the community and can gain popularity overnight due to the recognition and FOMO of the online community. This is what everyone knows as "riding the hot spot", and their prices may also unexpectedly decline when investors turn their attention to the next meme coin.

Another feature of meme coins is that they often have a large or unlimited supply. For example, the total supply of $SHIB is 100 trillion tokens, while DOGE has no maximum supply, but there are already more than 100 billion tokens in circulation. Since meme tokens generally do not have a coin destruction mechanism, the huge supply has formed its relatively low price. You can buy millions of meme tokens for just $1.

Why do so many people choose to buy meme coins?

Of course, the reason for choosing to buy meme coins is that its market value is small and its liquidity is small. As long as a large amount of funds come in, it will double several times, or even dozens or hundreds of times. This is a huge temptation for friends with less starting capital. If you use $100 to buy BTC, it may take several years for you to get a tenfold return, but if you use $100 to buy meme coins, it may take one night to get a tenfold return. Of course, the greater the return, the greater the risk. Maybe after one night, your $100 will only be a bunch of worthless numbers.

Someone asked me when the bull market will come, and I can only answer: "You are in the bull market but don't know it." Cherish the current price. After all, half a month ago, $BTC was still hovering around 60,000, and $ETH was still hovering around 3,000. Now BTC is about to break 7, and ETH is about to break 4. So if this is not a bull market, then what is it? It's because your chips are not enough. Do you want to look forward to the next black swan? If BTC reaches 120,000 and ETH reaches 6,000, what's the point of the black swan you are looking forward to? By then, you have missed an opportunity to make a fortune, and you will continue to miss it when the next wealth comes. You don't want to get only lessons after struggling in the currency circle, and you don't want to be pale when others are talking about BTC breaking through 1 million RMB, so what do you think?

According to Coinbase statistics, 52 million Americans (20% of the adult population in the United States) own cryptocurrencies in 2023. The data for 2024 has not been released, but from Trump's speech, we know that there are at least 50 million cryptocurrency owners in the United States, or even more, and the total population of the United States is about 340 million, which means that cryptocurrency owners in the United States account for 14.7% of the total population. This shows why Biden will change his past style and stop suppressing cryptocurrencies in this election (the passage of the Ethereum ETF is inseparable from the influence of this incident).

This reminds me of a famous saying, "Whoever is good to the people, the people will use him as the leader", which can be translated here as "Whoever supports cryptocurrency, the owner of cryptocurrency will support him as president", so it can be seen that Trump really played a good chess game. Although Trump's chances of success in this election are not great, he has dragged Biden into this chess game. No matter who will be the president in the future, at least one thing can be guaranteed, cryptocurrency will not continue to be suppressed. After all, Biden has been forced to enter the game. If he continues to maintain his previous style after re-election and continues to suppress cryptocurrency, this violates the rules of the chess game and will definitely not make a move in the next game. At this time, those who support you will become supporters of others. Everyone here should understand what it means. In summary, cryptocurrency will get better and better, and the cryptocurrency team will become larger and larger, which is good for cryptocurrency in the long run! ! !

If you have some personal opinions, you can leave a message in the comment area to discuss!

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Here I would like to congratulate ETH for successfully passing the ETF. This shows that cryptocurrencies are becoming more and more legalized, and more people will pay attention to them in the future, and many people will join them.

However, the only drawback is that although we have obtained the qualification to sell Ethereum ETF products, there are no Ethereum ETF products for sale now.

The above sentence is also easy to understand, that is, we have obtained the tobacco sales qualification certificate, but the tobacco company has not approved the cigarettes, so we cannot buy cigarettes now.

This is also a matter of time. After all, the qualification certificates have been approved. Now we just need to wait for the SEC to pass the S1 form, so that Ethereum ETF products can be officially traded.

Before the S1 form is passed, ETH's trend will choose between sideways or negative declines. Unless there is other good news, cherish the current price and enter at a low price. I think it is highly unlikely to fall below 3500 during this period. Yesterday's pin allowed me to receive the goods at 3550, so once it falls below this position, I will continue to buy. The average price of my currency-based contract is also around 3500, so this is the point I think. I also hope that everyone can make their own judgments and don't blindly believe others, including me!

In fact, I find some so-called trading analysts quite interesting. As long as they are bearish, no matter what news the market sends out, they will pick out words to make you feel that it will fall anyway, leading you step by step to the abyss.

Today I saw one, three days and four short-order strategies, three orders stop loss, and then someone boasted that there is a 90% winning rate. Is this winning rate the probability of successful loss? This is not bad, and they know to set a lower stop loss point. Even if the stop loss is made, the loss is not big. What the hell do you need to analyze? Isn't this just a matter of luck? If you call it right, you call it right. If you don't call it right, call it next time. Isn't this just mindless empty?

This so-called analyst analyzes any news into bad news for you. Good news will fall, bad news will fall more. In a word, it will fall. After the ICP announced the pull-up, he said that as long as there is no interest rate cut, it will continue to fall. Some time ago, the Iranian president died in a plane crash. He said that he would market the economy and it would fall, but it exploded at night. You just analyze the stop loss. The stop loss is still in place.

So don’t believe these analysts easily. You should have your own judgment and look at what other people say. You should also compare prices before buying clothes. Others just open their mouths and may be wrong countless times, but as long as they are right once, they will be famous all over the world. But can you lose countless times just to wait for this subtle success?

Let me share with you the tracks worth paying attention to and the corresponding tokens!

Game track: pixel, portal, xai, ace, gala

Modular narrative: tia, alt, manta

New public chain: sui, apt, sei, ton

New second layer: strk, op, arb

Pledge track: ldo, ssv, ethfi

Depin track: fil, mobile

RWA track: mkr, polyx, rio, ondo

Sol ecology: ray, pyth, jup, jto

Meme track: pepe, wif, bome, myro, bonk, floki

Old man Biden and Chuan Jianguo have started a crypto war!

Since Chuan Jianguo's campaign team announced that it would accept Bitcoin and cryptocurrency as campaign donations, Biden's campaign team has also announced that it will accept cryptocurrency donations. It seems that these two old men are trying hard to get votes from young cryptocurrency investors!

I didn't expect that cryptocurrency would become a political means one day, and the news was very timely. It happened just one day before the ETF. This news probably put pressure on the chairman of the SEC. Maybe he will be forced to pass the ETH ETF due to political pressure. It seems that the Mediterranean of SEC Chairman Gensler will move back again.

But this is just a means for votes. It is hard to say whether it will continue to suppress after the election. After all, it is also a common method for the Americans to kill the donkey after it has done its job. But for the near future, this is definitely very good news!

This also shows that cryptocurrency has a strong group of investors. I think after this incident, more people will know about Bitcoin, and more fresh blood will be added, which is also a very good boost to the market!

There will be fluctuations tonight. If you have contract orders, control your positions and wait for the opportunity. I have cleared some positions. I hope my consideration is unnecessary.

Some fans asked me to predict whether ETH can pass the ETF on the 23rd. Here I will share my opinion!

I am a long-term investor, so from my point of view, I don’t think it is necessary to care whether the ETF will pass this time. The result is nothing more than passing or not, but the final result will still pass, but it may not be in May. Whether it passes or not is not decided by us. Whether the market predicts 99.99% passing or 99.99% not passing, the final person who knocks the board is still SEC Chairman Gensler.

If it passes, everyone is happy. There will be no such cheap chips in this bull market, announcing the start of the ETH and altcoin bull market.

If it does not pass, there may be cheaper chips if you insert the pin downward.

If you are doing contracts, just bring a stop loss, because the news will definitely insert the pin, just in a different direction.

For me, I definitely hope it will pass, but if it does not pass, it doesn’t matter. This means that I can buy more low-priced chips and prepare ammunition for the next pull-up!

Finally, I would like to advise you all not to blindly look at those analysts' analyses all day long. Just look at the normal market conditions. At this turning point, you have to follow your own ideas. Others may have just typed and written articles, and it doesn't matter whether the market goes up or down, because others are making money from it, and what they are giving out is real hard cash. So at this turning point, you have to believe in your own judgment, set a good stop loss, and have a stop for declines and an unlimited rise. Everything will be arranged by SEC Chairman Gensler!

What is the most important thing in a person's life?

The primary goal is to make money. Everything else is redundant. If someone invites you to go drinking, dancing, or having dinner together, don’t even think about it and just say no.

I can't pay the rent, mortgage, food, clothing, housing and transportation next month. I have to go to dinner with a bunch of people who have no interest in it. I don't even think about it.

Our zz said a long time ago that the economic base determines the superstructure. Without money, all your freedom and dreams are just a fantasy.

Your life is not only enslaved by your boss, family, and society, but also led by others. Is it not uncomfortable?

What is human nature?

It means gaining absolute freedom, being able to eat, drink and have fun as much as you want without looking at anyone's face and do whatever you want. It also allows parents to share happiness and joy.

Isn't this the ultimate goal of man? The ultimate goal must be achieved through absolute economic strength.

Economic independence is a prerequisite for achieving any goal in society.

Only by achieving financial freedom first can you gradually consider spiritual freedom.

The freedom and security of adults are all accumulated by money. This is a heart-breaking and practical reality.

Otherwise, why are your parents trying so hard to get you to study? Isn’t it just to save you from the hardships of society?

Are you being asked to go home and face the earth with your back to the sky?

It doesn't matter whether children from wealthy families study or not. They have the courage to drop out of school and walk away at any time.

As for children from poor families, if they resign from work today, they will have no living expenses next month. Since their families have no background, they have to rely on themselves for everything they do.

Poor families are also a mess. Today they slap their children for eating a steamed bun, tomorrow they roll their eyes when they want to buy new clothes, and the day after tomorrow they quarrel and complain about why men can't make money...

At the bottom, there are countless bad things happening every day.

At the bottom, no matter how beautiful your fantasies and hopes are, the first principle is to make money first.

Everything else is empty, 99% of the things you desire can be solved with money.

Without money, you can only be at the mercy of others in society, and you can only look at other people's faces. Even if you are sitting face to face with others in a luxurious restaurant, you will feel uneasy inside.

Without financial strength, how can you have the confidence to talk to others comfortably?

Make good money, brothers!

How to get big funds with small funds in the currency circle?

First of all, you have to remember these points. Getting rich depends on copycats. Don’t be picky in the bull market. Don’t believe in the bear market. Don’t go to the left when building a position. Start with the mainstream and follow the trend. The layout is small but careful, no action is taken, only three points of fullness is enough, a miracle will happen when clearing the warehouse, making money in three steps, and the revenge is as steady as a dog.
1. In the currency circle, both rise and fall. The rise in the bull market does not need value support, it only needs a reason for the rise.
2. Don’t talk about faith with the copycats. Cut off the meat when it’s time to cut it off.
3. Time is the friend of Bitcoin and the enemy of altcoins.
4. The value of copycats lies in continuous innovation. Once innovation stagnates, the value will collapse. The value of Bitcoin is based on its immutability. If you are trapped by Bitcoin, there will be a day when you are unstuck, but this is not necessarily the case for copycats.
5. The only ones suitable for trading on the left are Bitcoin and Ethereum. The biggest risk for altcoins is to return to zero, which is also the beginning of a bull market. Only the big pie, Ether, is healthy.
6. Build a position first and get a big pie. If the ether rises, you are not afraid of being short, and if the ether falls, you are not afraid of being trapped. 7. Copycats have no defensive capabilities.
8. Do not increase your position when the price rises. Position management is very important. Clear your position to test the increase and then increase your position significantly. It will be difficult not to lose money. If the pie is large, the Ether position cannot be less than half.
9. When playing copycats, you must take the initiative to take advantage of the shortcomings and sell the shortcomings. If you fall down in one place, you can climb up in another place. If you lose money here, you can make it back in another place.
10. The biggest cost after being trapped is the opportunity cost. The core of playing copycat is to be able to sell, and only eat 30% full. The fish head and tail are not so delicious, leave it to the dealer, and you have to wait for the faucet to come out before eating the fish maw with high certainty.