It's over, my account has been liquidated, I have nothing, I have nothing
I don't have the courage to face what will happen next
I am 28 this year. I started working at the age of 18, and it has been ten years. Because of my introverted personality and not very good at speaking, I have not found a girlfriend yet, and I am not liked by my boss!
After working for ten years, I still saved a lot of money, 400,000 yuan. I have heard too many stories of getting rich overnight in the currency circle, and this year is another bull market in the currency circle. After thinking about it for a night, I don't want to work for a lifetime! I want to get rich! I want to marry a wife! With the vision of a better future, I joined the currency circle without looking back!
I have been playing contracts for a month, and I have made losses and profits, which is basically flat, which makes me very upset. Isn't this a bull market? Isn't the currency circle a place to make money? Why can't I make money? Then I increase the contract multiples
However, I didn't expect that my 500,000 yuan would be blown up in just these two nights. All my assets went into the account. Now I have nothing left.
I have saved almost 400,000 yuan after working for ten years. I borrowed 100,000 yuan and now it is all gone. Tonight, it was blown up. I don't want to live anymore. I really regret why I entered this circle in the first place.
The wind on the rooftop was a little cold, which made me sober up a little. I remembered that a month ago, when I just entered the currency circle, I accidentally saw Musk's 𝒑𝒖⚡️𝒑𝒑😀𝒊𝒆𝒔 in Binance Square.
I clicked in to see that some people thought it was a golden dog, some thought it was looking for someone to take over, and some were pure trolls. That was Musk's dog! At that time, the price of the currency was 7 zeros, and I bought 10,000 yuan without hesitation, and then left it there...
I clicked several times with shaking hands before I opened the Binance web3 wallet. I widened my eyes. I must be dreaming! 60W, 61W, the amount kept jumping, and then in an instant, it reached 70W!
The truth behind the Bitcoin crash! "Trump deal" exploded 200 billion! Are you ready to deal with it?
I once hesitated when facing BTC at $16,000, missed the opportunity to build a position at $23,000, hoped for $20,000 when it was $30,000, but it rushed to above $60,000, and was still entangled at more than $90,000. Now it has broken through 100,000, should I chase it or not? How many people have missed their wealth because of waiting and watching.
Bitcoin fell back, the market value evaporated 200 billion, and the long contract suffered a heavy blow. But the callback may be a turning point, as short as a week and as long as half a month, with a high probability of a V-shaped reversal.
The altcoins in the currency circle are uneven, and most of them are difficult to have spring. Investment needs to be discerning, don't be greedy for problematic coins.
At this moment, BTC has broken 100,000. Although some people are afraid of heights, it actually has the best time, place and people. ETF passed, institutions are frantically laying out; Trump came to power and is pro-cryptocurrency; it is still in a cycle of interest rate cuts. High-quality copycats have small pullbacks, and an explosion may be imminent.
There are ways to invest in a bull market. Copycats should not blindly chase the rise and sell at a loss, and withdraw when they make a profit. Some people chased doge, act, etc., and sold Tia but were trapped by act, and their mentality collapsed and they missed the opportunity. We should uphold the leading thinking and stay away from niche coins.
Zhao Changpeng and Sun Yuchen are role models in the currency circle. The former created Binance and the latter made innovative breakthroughs. However, the currency circle is high-risk. We must learn from their strengths and be rational and cautious, so that we can ride the waves in the currency circle and move towards the other side of wealth.
Musk's strongest concept coin #puppies , ignoring the market correction, rose against the sky, and reached a new high every day! #meme板块关注热点 #美国8月非农就业人数不及预期 $BTC $ETH $BNB
$SHIB Revolution: 99% Destruction, Wealth Freedom or Ecological Apocalypse?
Shiba Inu (SHIB) - the cryptocurrency that once became a sensation due to memes, has now skyrocketed to a market cap of $15 billion, with the destruction rate experiencing explosive growth! The crypto community is buzzing: If 99% of SHIB is destroyed, can it leap past the $1 mark? Or will it push the entire ecosystem into the abyss?
Recently, the token destruction actions of SHIB have been like a storm, with the destruction rate surging by 6220% in just a few days. Out of 999 trillion tokens, 410 trillion have already been destroyed, leaving only 541 trillion in circulation. Chief developer Shytoshi Kusama calmly responded to eager inquiries: the technology is feasible, but destruction is not the only magic trick; DeFi and other Shiba Inu ecosystem projects are equally crucial!
Warning: Excessive destruction poses great risks! Kusama cautioned that if token burning spirals out of control, the Shiba ecosystem could suffer a severe blow. An excessively high SHIB price may scare off buyers, slowing down the destruction rate and obstructing growth. Only by balancing destruction with other efforts can SHIB unleash its maximum potential.
Currently, SHIB's price continues to rise, and experts are optimistic. Technical analysis shows that once it breaks through key resistance levels, the price could reach $0.000045. However, to hit the $1 peak, the community must find a delicate balance between token destruction and improvements like Shibarium.
What does the future hold for SHIB? A myth of wealth freedom or a disaster for the ecosystem? Let us wait and see, and witness this revolution in cryptocurrency together!
💥 Cryptocurrency Survival Rules: Mindset is Key! Investing with spare money is the right path; gambling and contracts are to be avoided!
Did you know? The wealth myths in the cryptocurrency world are astonishing: Shiba Inu Coin, with just 500 yuan, can earn you 100 million in 7.5 months! PEPE, entering with 140,000 can break 100 million in 11 months! Ethereum, with an investment of 20,000, can yield 100 million in 3 years! Ripple, with a principal of 50,000, can hold 100 million in wealth after 3 years! Litecoin, starting from 30,000, can achieve a legendary 100 million in 5 years! ADA, with an investment of 40,000, can reach 100 million after 5 years! EOS, with a principal of 30,000, can earn 100 million in 4 years! TRX, with a cost of 15,000, can earn 100 million in 7 years! Monero, with an investment of 10,000, can have 100 million after 6 years! Bitcoin, with an investment of 50,000, can achieve the dream of a 100 million rich in 8 years!
Who will be the next miracle maker? Who will dominate the future of the cryptocurrency world, #puppies ? Come and guess!
The Rhythm of Altcoins in a Bull Market: Early Stage or Prelude to a Frenzy?
What stage are altcoins currently in?
First, let's talk about the overall rhythm of the bull market. This round of the bull market will present two distinctly different phases around the time Bitcoin (BTC) breaks through $100,000. After the breakthrough, the bull market will enter an acceleration phase, that is, a super frenzy phase, where both Bitcoin and altcoins will rise sharply in turn. Therefore, I have repeatedly emphasized that the $100,000 level for Bitcoin will not be easily breached; even if it is just a little bit away, it will not break through immediately.
The $100,000 price level is of great significance. Before breaking this level, BTC and SOL have entered a consolidation phase, which I have mentioned many times and will not elaborate further. At the same time, the Ethereum exchange rate has started to reverse, old altcoins are surging, and the prices of new coins are also continuously climbing.
Currently, the altcoin season is in its early stage. Although some old junk coins are surging, this is just the prelude. The Ethereum exchange rate has just begun to reverse, and ETH ETFs have also started to see net inflows. Next, we can expect a big surge in Ethereum. Although there are no positive news for Ethereum at the moment, I believe it will arrive soon and will coincide with a significant rise in Ethereum.
It is important to note that the current rise in altcoins is just a rebound; after a certain upward space, it should be timely to take profits. Unless Ethereum sees major application innovations, a trend-driven bull market has not yet arrived. Additionally, there is a volatility risk: when Bitcoin rises from $60,000 to the $100,000 level in a short term, the size of open contracts surged from $35 billion to $64 billion, which could lead to long leverage being killed downwards. If there is a wave of deleveraging in the short term, then it will be a good time to enter the market without too much worry.
Why is bank transfer restricted when virtual currency trading is seemingly not banned? Unveiling the underlying reasons
Why does it seem that virtual currency trading is not banned, while banks restrict transfers?
The situation for domestic cryptocurrency trading is challenging, and the legal environment is extremely unfriendly to the crypto sector. Individuals' so-called legitimate rights in the crypto space are not protected by law, legal interests are not supported, and illegal acts will be punished. For example, if someone holds a hundred bitcoins and they are lost or stolen, the law does not intervene.
When cashing out a hundred bitcoins, one faces numerous risks, particularly the risk of receiving dirty money or being scammed. Although the law does not explicitly prohibit individuals from trading cryptocurrencies, it strictly forbids providing trading services; while holding virtual currencies is not banned, providing cash-out services is not allowed. In the domestic market, if an exchange scams investors, there is no legal recourse for them.
Currently, in the financial game of cryptocurrency, China seems to have lost the initiative. However, this is not the case; the harm caused by virtual currency trading speculation is enormous, disrupting financial order, leading to numerous illegal activities, and threatening the property safety of the public. The restriction on bank transfers is part of the country's efforts to regulate the situation, controlling the flow of funds to prevent the spread of risks and maintain financial stability and social peace. China is not at a disadvantage in the cryptocurrency field, but is actively defending itself to protect the interests of the nation and its people from the harm of illegal virtual currency activities.
💥It is not illegal to make money by speculating in cryptocurrencies, but it is easy to get scammed. You must know these risks! Otherwise, you will be the next one!
There are many users in the domestic cryptocurrency circle. You must know these key information to prevent yourself from falling into risks.
First, about the legality of cryptocurrency speculation. Although the 924 document prohibits cryptocurrency trading, there is currently no law that clearly states that it is illegal. However, the policy is in a crackdown trend, and banks may require account closure if they notice it. If the source of money earned by cryptocurrency speculation is legitimate, it will not be judged as an unknown source of property. In the past, relevant documents only prompted the risk to be borne by the person. The so-called "being caught by cryptocurrency speculation" was mostly due to receiving black money from selling USDT.
The country's crackdown on cryptocurrency speculation is due to the difficulty of supervision. It is highly concealed and easily used by the black and gray industries. For example, fraudulent funds use USDT cross-border transactions, which brings great challenges to police tracking.
If you receive black money from selling USDT, you will most likely need to refund it because you may be suspected of committing a crime. Selling USDT retail investors at high prices is not considered illegal operation, but it is easy to involve black money. If multiple cards under your name are frozen multiple times, you will be deemed to have committed a crime knowingly. Selling USDT on an exchange is not illegal in itself, but it is easy to be frozen due to black money. The exchange currency dealers are illegal but have room for operation. In some cases, they can be unfrozen by providing materials and willing to refund. In serious cases, they will be convicted of illegal operations. It is not illegal to sell at a high price without receiving black money off the market, but it is illegal to receive it and may be sentenced to actual imprisonment, and may also face 37 days of detention.
China has established compliant virtual currency exchanges such as the Euro Yi Exchange in Hong Kong, and other exchanges must also cooperate with the police. In addition, if there are millions of cash deposits or millions of dollars in the account, the bank will review them according to the situation. Except for specific official funds, unknown sources or abnormal accounts may trigger investigations. They need to be explained to the bank and reviewed by the anti-money laundering system, and networked with multiple departments to prevent and control risks.
🎉 Musk's strongest concept currency puppies in 2024, with 1.2W+ currency addresses and a market value of 5 million US dollars, has been washed for more than half a year, and the community is still active and continues to build. Puppies will definitely be the most dazzling big golden dog at the end of 2024! 🎉 $OG $PSG $ELF #meme板块关注热点 #puppies #ETH市场新动向
😳The US suppresses Chinese companies from going public, and China's counterattack shakes Wall Street! 💥
💥The Sino-US financial war has escalated again, and three major news have pushed the game to a new height. The US took the lead and significantly raised the regulatory threshold for Chinese companies listed in the US. Many complicated clauses have caused many technology companies to fail in their listing plans. Its so-called "protection of investors" is nothing more than a cover to suppress Chinese companies' financing and technological progress, bringing the company's strategic expansion to an abrupt end.
💥China immediately counterattacked, adjusted its foreign exchange reserves and reduced its holdings of US bonds. The US dollar index fell in response, shocking Wall Street. The US then used rating agencies to try to weaken the confidence of Chinese financial institutions, and China responded strongly. Domestic financial institutions stabilized the market with impressive financial reports, while strengthening financial cooperation with countries along the "Belt and Road", actively opening up emerging markets, and successfully defusing the US's attempt to create panic.
💥This round of financial war has far exceeded the superficial offense and defense, and is reshaping the global financial landscape. Although the outcome is unclear at the moment, China's response is calm and powerful, demonstrating its confidence and wisdom. On the other hand, the United States has been relying on hegemony, and its future is full of uncertainties. How long can its hegemony be maintained? The world is waiting to see.
#doge⚡ Does the surge in Doge prices represent the final crazy feast?
This is a highly controversial question involving multiple factors.
Here is an analysis of the current market conditions and possible influencing factors:
1. Musk's Double-Edged Sword Effect:
• Musk's positive attitude towards Doge has undoubtedly driven its price up. However, his actions also bring significant uncertainty and risk. Musk's own statements and actions often trigger large market fluctuations, making Doge's price very unstable.
• Musk's strained relationships with companies and the government may further increase this uncertainty. If these tensions continue to escalate, it could undermine market confidence, thereby affecting Doge's price.
2. Clear Market Selling Pressure:
• The high proportion of sell orders for Doge in the spot market indicates that some investors may be seeking to cash out at high prices. If this selling pressure continues to increase and there are not enough buyers, it is likely to lead to a significant price drop.
3. Celebrity Effect Gradually Weakening:
• In the past, the celebrity effect had a significant impact on cryptocurrency prices. However, as the market matures, investors are beginning to focus more on the fundamentals and long-term value of projects rather than solely relying on celebrity endorsements. The failure of the Starlink launch to drive up Doge prices is a clear example.
4. Complex and Changing Market Environment:
• The current market environment is influenced by various complex factors, including the global economic situation, regulatory policies, market sentiment, etc. These factors are intertwined, making market trends difficult to predict.
In summary, whether the surge in Doge prices represents the last crazy feast depends on the combined effects of various factors. While there are some positive driving factors in the current market, there are also significant risks and uncertainties that cannot be ignored. Therefore, investors should fully consider these factors and carefully assess their risk tolerance when making decisions.
Overall, no one can give a definitive prediction about Doge's future trend. Investors should closely monitor market dynamics, rationally analyze various factors, and make investment decisions that align with their risk preferences. #meme板块关注热点 #puppies Musk's strongest concept coin! $BTC $ETH $BNB
💥BlackRock launches BTC ETF options, is the price of Bitcoin set to soar?💥
The possibility of Bitcoin reaching $100,000 this year has drawn significant attention.
Current conditions indicate that multiple factors are at play. On one hand, institutional activity is positive, as BlackRock has introduced BTC ETF options, trading is active, and open interest is steadily increasing, leading to heightened investor expectations for future price increases, which may push prices into a steady upward trend. Last week, BTC ETF inflows reached $3.376 billion.
At the same time, market liquidity is relatively ample, with stablecoin issuer Tether adding over $15 billion in stablecoins just in November 2024. Moreover, analysts suggest that the BTC market has not yet entered a bubble phase, and there is still room for price growth, with targets reaching $141,000. Additionally, industry insiders are optimistic, with BitMEX co-founder predicting that BTC could reach $100,000 by the end of this year.
In a bull market, avoiding greed is particularly crucial. For novice investors, it is important to view the market rationally. One should not solely focus on the continuous rise in price but should consider various factors holistically.
For instance, closely monitor the Federal Reserve's policy dynamics; this Wednesday's Federal Reserve meeting minutes and the PCE price index will influence the probability of a rate cut in December, which will, in turn, affect market trends.
Simultaneously, one should cash out in a timely manner and avoid the mindset of “earning more” at all costs, as this could lead to significant losses when the market reverses. For example, in the past two days, while BTC's market share has declined, some altcoins have reached new highs. In a bull market, various cryptocurrencies will fluctuate alternately, and investors need to remain calm, adjusting their strategies in response to market changes, ensuring that greed does not dominate their investment decisions, thus allowing for steady progress in the wave of Bitcoin investment.
#meme板块关注热点 Musk's strongest concept coin #puppies The pullback has ended, strong rise with new highs daily!
Dogecoin, Shiba Inu Coin, Pepe Coin: Who will become the next cryptocurrency star of explosive growth?
DOGE • Type: Established meme coin • Features: High brand recognition, accepted as a payment method by several institutions including Tesla and AMC, supported by Elon Musk • Growth Estimate: Conservatively expected to rise 2 to 3 times; optimistically, if the usage expands, it could rise 4 to 5 times
SHIB • Type: Utility meme coin • Features: Continually expanding ecosystem covering layer 2 blockchain, decentralized finance, non-fungible tokens, and metaverse projects, equipped with a token burn mechanism to reduce supply • Growth Estimate: Medium expectation of falling 5 to 10 times; optimistically, if widely adopted in DeFi and gaming, increases could exceed 15 times
PEPE • Type: Emerging meme coin • Features: Community-driven, reliant on social media popularity, low market cap, high potential returns • Growth Estimate: High risk, high reward; could rise 10 to 50 times when the market is favorable; however, after the hype fades, value may drop rapidly
How to choose? • DOGE: Steady choice, stable growth, lower risk • SHIB: Combines practicality and growth potential • PEPE: Suitable for risk-takers, high risk accompanies high return, suitable for speculation
✨ The puppies global community has over ten thousand members, no native token, no tax, meeting all the characteristics of this bull market's super big dog, as meme season arrives, how high will puppies soar? #比特币盘整分析 #比特币关键区间 #PCE与美联储纪要公布在即 $DOGE $PEPE $SHIB
Recently, Bitcoin has seen a pullback, and altcoins have also experienced a significant decline in the market.
Old Wang returned home with a gloomy face after work. As soon as he entered the door, his youngest son happily shouted 'Dad', but unexpectedly, Old Wang suddenly exploded in anger, shouting: 'No shouting “drop”, you should shout “guardian (rise)”!' The little son was so scared that he burst into tears.
His brother hurried over to comfort his nephew and then said to Old Wang: 'Brother, pullbacks in the crypto market are common, why take it out on the child?' But Old Wang insisted, loudly scolding: 'No shouting “cut”, you should shout “brother (fierce rise)”!'
Immediately after, Old Wang continued to speak to himself: 'I have been paying attention for a long time, Musk's little dogecoin 16830823905 is quite good. In the current environment of pullbacks, it can still rise several points, with hundreds of new holders daily. It is an ownerless token, relying entirely on community governance. I have gone all in, you can decide for yourself.'
Hearing this, his brother responded without hesitation: 'If it's Musk's, it must be reliable, then we must go all in!' The brothers' enthusiasm and stubbornness in the crypto market were fully displayed, completely ignoring market risks, and making significant investment decisions based solely on impulse.
🎉Is Doge's previous surge really the last crazy feast?
🎉Recently, the price of Dogecoin skyrocketed to 0.4 like a rocket. Many are secretly pondering if this is the best opportunity to exit.
The current market is troubled by many complex factors, like a fog that is difficult to grasp. Musk is undoubtedly a "double-edged sword"; his decision to name a department after DOGE instantly ignited the price surge, stirring excitement among many.
However, this also plunged him into a vortex of controversy, with Trump displaying hostility towards him, coupled with Musk's layoffs and company reforms, further straining relations with the government.
If these conflicts continue to ferment, the market environment will undoubtedly become increasingly complex. In the spot market, although doge trading volume has significantly increased, the sell order ratio is as high as 65%, indicating a clear selling pressure.
Some investors seem to want to cash out at high prices, which undoubtedly sounds an alarm for the market. If there aren't enough buyers to take over, the price might plunge sharply.
Moreover, the highly anticipated Starlink launch surprisingly did not drive prices up, but rather disappointed the market, indicating that the celebrity effect is gradually fading. The market is now considering multiple factors, and the impact of such events on prices may no longer be significant in the future.
Bull markets are not confusing; grasp the peak signals to easily avoid losses!
Master the peak signals of a bull market to escape in time and avoid losses!
During a bull market, be vigilant for the following peak signals:
1. Price: If the market index rises more than twice and Bitcoin rises 2-3 times, while it consolidates and altcoins rise broadly, be cautious.
2. On-chain transaction volume: During a bull market, trading volume increases, but if prices reach new highs while transaction volume decreases, it is a peak signal.
3. Leverage and lending: A surge in lending in the DeFi market indicates high market sentiment, and high liquidation risks imply significant leverage risks.
4. New wallets: An explosion of new wallets in the later stages of a bull market, especially when retail investors are opening accounts in large numbers, requires caution.
5. Regulatory policies: Sensitive market policies, such as banning ICOs or clearing mining farms, can trigger the end of a bull market.
6. Institutional funds: The direction of institutional funds serves as a barometer; a reduction or shift signals the end of the bull market.
7. Market cap and valuation: If a cryptocurrency's market cap and valuation deviate from the fundamentals, such as DOGE's market cap soaring, it is a sign of overheating.
8. Total market cap: If the total market cap of the crypto market accounts for an excessively high proportion of global GDP, such as over 3.5%, it indicates a bubble.
9. Media opinion: When mainstream media extensively promotes a bull market without a peak, caution is warranted.
10. Market correction: A sharp drop in a single day or prolonged fluctuations may signal an outflow of funds.
11. Discussions around you: When many people are discussing buying cryptocurrencies, especially when many newcomers are entering the market, it often marks the end of the bull market.
Puppies' washout is over, ready to take off at any time.
Bull market confusion? Four strategies to help you stay calm and win!
💥Question "experts" In bear markets, experts are often hidden, and true expertise comes from hardship. To consider whether they are reliable and speculative, you should seek guidance from traders and analysts with a reliable record, deep insights, and clear logic.
💥Beware of "hindsight" "I told you so" often lacks empirical evidence. You need to pay attention to those who can share predictions and insights in real time, and don't be misled by empty talk afterwards.
💥Stay realistic Although bull markets can create wealth, bear markets can destroy wealth, and greed can cause senior investors to capsize. Set realistic goals, and small and stable returns can also accumulate in the long run; stick to the bottom line of risk tolerance and do not invest beyond your own tolerance.
💥Understand the risks Market trends are difficult to accurately predict, and cryptocurrencies are particularly speculative. Before investing, be sure to explore the risks of each asset in depth, from mainstream coins to altcoins. With the help of diversified investment, funds can be reasonably allocated to different assets or fields to reduce risk concentration, so as to move forward steadily in the bull market, avoid falling into blindness and traps, and achieve rational investment and steady accumulation of wealth.
✨Puppies has more than 1.2W currency addresses, no owner, no tax, and meets all the characteristics of the super big golden dog in this bull market. With the advent of the meme season, how high will puppies fly?
The Worries of a Millionaire: How to Safely Exchange USDT for RMB?
After making a profit of 10 million from trading cryptocurrencies, you are eager to exchange USDT for RMB and have chosen a seemingly reliable U merchant. The trading process requires you to first transfer USDT to the exchange as collateral, then the U merchant makes the payment, and you confirm before the exchange releases the cryptocurrency to the U merchant. It appears safe, but in reality, it hides significant risks, as you cannot be sure whether the U merchant's funds are legitimate.
Looking at the days the funds have been deposited, asking them to promise to freeze the card for compensation, or choosing a well-established currency merchant are all futile. A frozen card is like a ticking time bomb; when it explodes depends entirely on when the victim reports it. Since you do not know the source of the U merchant's funds, even if nothing happens at the moment, it may still be frozen months later due to previous involvement in illicit funds. U merchant cards are often flagged by banks' big data risk control due to frequent deposits and withdrawals, and the cards involved in trading with them can also be affected. If domestic bank cards have abnormal fund inflows and outflows, such as excessive frequency or rapid deposits and withdrawals, they will also trigger risk control and be frozen. This is all due to the power of big data; gamblers using USDT for transactions put their bank cards at risk, and currency merchant cards are mostly high-risk, making your card easily marked by big data when trading with them. Be extremely cautious when exchanging for RMB.
Bitcoin's breakthrough of 100,000 fails, has the bull left?
Currently, Bitcoin is showing a fluctuating trend, while altcoins have their own rhythm. Bitcoin has maintained a narrow range of fluctuations, retreating to around 96,000 last night. From its highest point, the decline is still less than 4 percentage points. So far, the trend is just as predicted by Old Fish, first showing narrow fluctuations, and then entering a wide fluctuation phase.
Before Bitcoin can pull back to 90,000, it will not recklessly attack the critical level of 100,000. This trend of Bitcoin is completely in line with Old Fish's expectations and has been mentioned multiple times in the community, almost without any suspense.
Once Bitcoin completes its fluctuating adjustment and truly begins its journey to break through 100,000, it will also signify that this round of the bull market enters an accelerated stage. That will be the period when market sentiment is most fervent (FOMO), and many investors from outside will flock in. The reason I have been emphasizing that Bitcoin will not break through 100,000 at that time is precisely because this price level needs to be reserved to attract new investors entering the market.
Ethereum and altcoins have not been silent either; during Bitcoin's fluctuations, they continually enhance their market popularity and price heights. The rotation patterns and market development of altcoins are becoming increasingly clear in Old Fish's eyes.
After the heat of the MEME sector fades, it will rotate to the established token field of major public chains, followed by the metaverse sector and some DeFi projects, with cases of tripling in value within ten days becoming commonplace. The current wave of rotation among established tokens is not yet over; those “old hands” that have been dormant for many years are eager to cash out.
Established tokens are just the appetizer of this round of altcoin season; the real protagonists of the altcoin season are quietly raising their market levels. In every bull market, the crazy price surge of altcoins always erupts during the accelerated phase of Bitcoin.
Whenever the market experiences a pullback, most people see risk and fear, while I see opportunity. When you are pondering which assets to buy daily, I focus on studying how to maximize the efficiency of capital. The key first step to learn is to overcome the fear within. #比特币突破10万? #ETH市场新动向 $BTC
💥Don't be afraid of being stuck in trades, the four divine tricks will help you turn the tide!💥
In the world of trading, being stuck is common; there's no need to panic. The key to getting unstuck lies in holding positions, observing trends, and determining future markets.
🚀1. Cut losses timely, keep a glimmer of hope
When the cryptocurrency in hand continues to drop with no hope of reversal, decisively cutting losses and exiting is the best strategy. Don't let temporary greed cause losses to snowball; preserving strength is essential to find opportunities in the future market and make a comeback.
🚀2. Reduce positions in volatility, buy low to lower costs
If market conditions fluctuate, with prices rising and falling like waves, take advantage of price rebounds to moderately reduce holdings at high points. Wait for a drop to buy back. This cycle gradually reduces overall holding costs, turning passivity into proactivity.
🚀3. Add positions in line with the trend, exit for profits on recovery
If the overall market trend remains positive but experiences a short-term pullback, this is a great opportunity to add positions. Increasing holdings dilutes costs, and when prices rise again, you can sell at the right time and reap the rewards.
🚀4. Deeply stuck, use contracts to short and hedge
When facing deep entrapment with poor future expectations, consider laying out a short strategy in the contract market. Using the advantage of shorting to compensate for existing losses can achieve risk hedging and may open new paths in difficulties.
💥In trading, it is crucial to remain calm and composed, not letting emotions interfere with decisions. Accurately set profit and stop-loss points, be neither greedy nor fearful, and make decisive choices. Sometimes, staying still and waiting for the right moment is also profound wisdom in the trading arena.
💥puppies💰The washout and pullback are over, ready for takeoff at any time!
Meme worth investing in should have the following characteristics!
Meme ecosystem KOL Murad stated,
The essence of investing in Meme is actually investing in 'people'
The key is to find Meme communities with the following characteristics:
💥People who work hard every day 💥Exist for more than 6 months 💥Withstood multiple declines 💥Number of holders increasing every month 💥Target amount exceeding 20 billion USD 💥Large distribution + diamond hands