Cryptocurrency slang: Picked up: 100u Long-term use: 72 hours of use Take profit: double immediately after selling Stop loss: 90% has been lost I think this project has great potential: I'm stuck I was trapped: already cut in half It’s so hard to make money, my family: I just made 200 yuan What a shame: What a shame Eggs are not put in one basket: there are only 2 eggs in total Out of the circle: It appears again when it rises I just bought 100,000u: I only bought 1,000u
At present, we are experiencing an economic winter, and the domestic situation is not optimistic. The real estate crisis, debt crisis and aging population make the employment environment worrying.
Real industries are closing down one after another, and even if they survive, they are struggling to support themselves. Practitioners are facing the pressure of layoffs and salary cuts.
Players in the currency circle are also experiencing frequent fluctuations, and the market of altcoins is diving frequently, and the promised bull market has not arrived yet. There are more project parties than users, and a large number of tokens are unlocked every month. Leaders have sold their stocks to cash out. We are experiencing the most difficult bull market in history, and it is also the darkest moment.
So, how should ordinary people survive this round of winter?
Here are some small suggestions:
Expand your horizons: If you are cutting back on your expenses, it is wrong. You can't predict when the economy will improve, and waiting will only make life more difficult. It is better to look elsewhere, such as abroad. The cold winter in China does not mean that other countries are also cold winter. Those who cannot do business in China can consider foreign markets. This is a suggestion for friends in traditional industries.
Keep confidence: For friends in the currency circle, you must believe that the market in the currency circle will improve much faster than the domestic economy. As long as you are still in the market, there are opportunities. Choose the right target and currency. Even if you are temporarily trapped, there will be rich returns in the future.
Increase income: Keep open source and make yourself have enough capital reserves. Whether it is off-market income or asset income, it can make your mentality better and your investment journey smoother. You can consider doing some side jobs, or participating in some low-cost projects in the currency circle, sometimes there will be unexpected surprises.
Wait patiently: For some friends with assets, if you don’t want to operate, keeping the position configuration and waiting for the wind to come is also an option. Playing games, watching movies, going out for a walk, feeling the nature, or taking the opportunity to learn more every day are all good choices.
The currency circle is a unique opportunity with strong cyclicality, and we are in the upwind period of the cycle. Continue to explore the crypto market and you will always find opportunities.
Why is it harder to make money with Meme on Sol than Meme on ETH? In fact, there are 5 key points:
1) Sol's Meme participation threshold is low, and the massive global users are more likely to cause a surge and plunge. Users are prone to FOMO, and emotional decisions often end in losses.
2) Meme on ETH is more like playing Texas Hold'em, which has a luck component but can also be won through skills; while on Sol it is more like gambling, playing big and small, almost betting on probability.
3) The BOT robots on ETH are only a few tenths of those on Sol. There are few and smart people. Most of them are old drivers in the currency circle. They value the influence and communication power of Meme coins very much, and it is easier to form a consensus, so market value management is also easier.
4) There are many plates on Sol, which is easy to distract attention and funds. It is difficult to form a community consensus. It usually relies mainly on KOLs to shout orders, "pyramid selling".
5) The secondary market itself is more difficult to make money than the primary market. Now projects represented by PUMP belong to the primary market, while those who play Raydium and Jupiter belong to the secondary market, and the secondary market is often the group that is harvested.
In short, "small gambling is fun, big gambling is harmful to the body", just play Meme to have fun with a small risk for a big gain, but never gamble most of your fortune, especially on the Sol chain.
How do you view the current situation of the cryptocurrency circle?
1. The current cryptocurrency circle is that the patience of retail investors is almost exhausted, and there is a lack of incremental large funds.
2. Due to the interest rate hike and stricter supervision by the United States, the previous large funds basically came from American banks, but now there is basically no such thing. In addition, the overall economic environment is not good, and the pockets of institutions are not bulging.
3. Domestic supervision is still strict, and domestic project parties can only keep their tails between their legs.
4. There are not many things that can be innovated in the cryptocurrency circle. There are not enough new breakthroughs. It is basically old wine in new bottles. The opportunities for retail investors are still on the chain, and there is not enough incremental funds, resulting in insufficient sustainability of the money-making effect, and it is difficult to cultivate consensus among retail investors.
5. In this situation, the United States needs to release water again to increase market liquidity. Hong Kong can really relax its policies to allow institutional funds to enter this market from more channels, gather people's hearts and cultivate everyone's consensus. Eth needs to continue to optimize the transaction fees on the chain.
6. Last year was difficult, but this year is even more difficult. Retail investors who bought airdrops or local stocks also lost a lot of money, and those who bought spot stocks also lost 60%-90%. The market will not become active again until the Americans start to cut interest rates.
7. This is the trend and rhythm of the next bull-bear cycle in the cryptocurrency circle. We are optimistic about the fourth quarter. If we grasp this, there will be basically no problem. The rest is the question of belief in the cryptocurrency circle!
10 years ago, the cryptocurrency industry was calling for people to join, saying it was the future; 5 years ago, waves of newcomers came to the cryptocurrency industry, saying it was a revolution; 3 years ago, the cryptocurrency industry impacted Wall Street, saying that institutions were entering the market; Nowadays, we advise novices to be more careful, saying it is too difficult to make money.
This world is a huge makeshift team Non-farm data finally returned to normal for once, but it still fell... The Bitcoin ETF has been falling for half a month, and the Ethereum ETF knows that it may fall for another half a month, but there is still a glimmer of hope that it should be different. Sponge thinks that the recent sharp drop is paving the way for the surge after the interest rate cut. Before, the US stock market rose every day, and Bitcoin was also at a high point. It is impossible to cut interest rates, because after a cut, it will definitely rise, but it has been rising every day, and it is still rising. This bubble is unimaginable. Only when everyone falls, the rise after the interest rate cut is benign.
The U.S. stock market collapsed again. I hope that Bitcoin can hold up today. If it does, Wall Street will recognize its safe-haven value and funds will flock to it.
The hourly level has a new account for buying, and it is a paradise for gamblers at night. Personally, I predict that it depends on how the market digests the good news and the bad news. The price-performance ratio of the two coins, Bome and Wif, is full. It can be regarded as a rebound at the hourly level. If it goes up, take profit, and the stop loss is very low.
This wave of rising trend is gone again, it is really similar to 2019, extreme shock. It is almost the most difficult market to play, even more difficult than the bear market. Looking back at this year's K-line, I just want to vomit. The only correct operation is to hold BTC or SOL, which is not moving. Anyone who plays with copycats and contracts and has a little idea of the pattern will be trapped or stopped back and forth.
8.2 It’s the right time to reduce positions 1. BTC fell below 64,500 yesterday, which means that the rise from 53,500 to 70,000 has ended. The rebound after the break is an opportunity to reduce positions 2. The bull market is not over, but the weekly level of shocks and corrections will continue. 51,000 is a potential target
$BTC has been washed out in the past two days. After falling below 65,500 last night, the lowest price was 62,300, which was 500 dollars away from the 61,800 position I mentioned. Then, it was re-washed back to 65,500 in the European and American markets. As long as it does not rise above 65,500, it is still the most cost-effective to short.
I opened a short position in the early morning and went to bed. I was not surprised but frightened when I woke up in the morning. There was also non-agricultural data in the evening. I was worried about playing with the coin every day🙃
The approval of Ethereum ETF is bound to bring prosperity to Ethereum L2. METIS’s layout of caca during this important period also means that it will place heavy bets on the MEME track, hoping to replicate the success of BASE and SOL. This decision is consistent with the current market trend.
caca is the leading meme of the metis chain. It has been adjusted recently and should take off soon.
The founder of metis has nursed the caca contract: 0xfbae1eab52af0ea3d35cb12f1221ce32d377d08e
The escalation of the war in the Middle East has caused a sharp drop in the global market. This time, the whole market is synchronized. The bad thing is that even the Russell 2000 small-cap stocks are no longer strong.
The entire cryptocurrency circle is equivalent to small-cap stocks. Today, small-cap stocks have also retreated sharply. This signal is not good. It is too difficult to play. I didn't catch up with the rise yesterday, and now I am all getting beaten.