I just saw a post on the square, and I followed the trend and bought 50,000 BOME for 0.025. After a week, I couldn't hold it and sold it for 0.012.

Pure leek mentality, if you can't hold it, you can only be cut.

In the currency circle, you have to be brave enough to face risks, but you also have to know when to stop. Don't always think about buying the bottom. Sometimes you make the wrong decision when buying the bottom, which means there is something wrong with your brain.

After entering the market and establishing a position, the next road will either be full of scenery or full of pits. Some people come to your world just to teach you a lesson and then leave.

Don't expect to turn around with just a small profit. You have to accumulate bit by bit like a hen to gain something.
Newbies may think that there is no big problem in not setting a stop loss in a volatile market, and sometimes losses can be turned into profits. But the problem is that they often can't distinguish what "breaking position" means.

The market has clearly broken, but they still think it is a volatile market. This is the difference between novices and veterans. The little money you made before was probably all lost because of a wrong judgment, and you won't get anything in the end.

I suddenly thought of a liquidation on Luna, which cost about US$60,000. I was young and frivolous at the time, and I gambled with a full position and a high multiple. In fact, looking back now, if you just want to bet, bet big, you have never understood the market or analyzed the market. There are many ways to make money in this market. You only need to learn one trick. As the saying goes, one trick is successful all over the world. When trading, you don't care about how fast it is, but how stable it is. How much retracement you can control, not how much you make in one go, is your ability.

If you don't know how to screen strong coins, then I suggest you follow me. Whether it’s fresh goods or Heyue, a little effort may be your limit. The opportunity is very short, so you must seize it! Success does not depend on luck, choice is greater than hard work, and the circle determines destiny. In the currency circle, in addition to having a sharp eye to judge the situation, you must also keep up with a good team and a good leader. Follow me and you will have already succeeded in the currency circle!

In fact, the true identity of Satoshi Nakamoto has become a secondary issue. The focus is on the more than one million Bitcoins he holds in his hands. They are like a sleeping dragon that may shake the financial world at any time.

Imagine the huge market value of Bitcoin. If converted into RMB, it is an astronomical figure of tens of trillions! If this wealth falls into the hands of a Chinese boss, hey, build an aircraft carrier fleet? Build a fighter fleet? That's all child's play. Not to mention using it to improve people's livelihood, rural medical insurance, pension, all can be done clearly, so that farmers don't have to worry about seeing a doctor or worrying about pension.

If this money is spread to Africa and Russia, the scale of land leasing will be counted in the years to come. The overlord of the entire land leasing industry is unmatched!

Speaking of blockchain and cryptocurrency, we have to talk about international competition. Ethereum, a big boss with a market value of 3 trillion, is tightly held by Asians. Finance, to put it bluntly, is a weapon in the high-end game. To learn financial warfare from the Americans, we must be humble. Face is worthless. Learning real skills is the hard truth, so that we can aim our guns at the international stage in the future.

Some people propose to develop blockchain, but they are ruthless to the token economy. This is either stupid or bad, and it is simply a hindrance to the development of China's blockchain. The token economy is the soul mate of blockchain. Without it, blockchain is like a lame leg. How can it run faster than others?

Look at those self-promoting public chains in China. The transaction volume is loud, but when it comes to market value and influence, compared with Ethereum, it is like an ant shaking a tree. It is overestimating its own capabilities. If China's blockchain wants to make a name for itself in the international arena, it must first make up for the token economy lesson by itself, otherwise, it will fall behind and be beaten, which is a foregone conclusion.

When I first started [speculating in cryptocurrencies], I thought it was [investment], then I thought it was [speculation], then I thought it was [gambling], then I thought it was a bit like [fraud], and now I realize that it was clearly [robbed]. A friend of mine told me that your awareness and vision are still not high enough. We are actually [donating]. If you don’t know how to screen strong coins, I suggest you follow me. Whether it is Xianhuo or Heyue, a slight move may be your limit. The opportunity is short, so you must seize it! Success is not based on luck, choice is greater than hard work, and the circle determines destiny. In the currency circle, in addition to having a keen eye for judging the situation, you must also keep up with a good team and a good leader. If you follow me, you are already halfway to success in the currency circle!

Here it comes again. The German government has transferred 1,000 BTC again, of which 500 were transferred to Coinbase and Bitstamp, and the other 500 were transferred to another address, which is speculated to be from a market maker. Obviously, the German government has not left the market yet, and with the continued sale of BTC, Bitcoin will face further challenges. However, various predictions of the lowest price have begun to circulate in the market, some say 30,000, and some say 20,000. Xiaodie believes that according to the current holdings of the German government, even if all are sold, the price will not fall to this level, so there is no need to worry too much if there are no other black swan events.

This wave of retracement is within Xiaodie's expectations, and it is a preparation for the super bull market next year, and the lowest price depends on the occurrence of black swan events. To some extent, the German government's accidental confiscation of 50,000 BTC and its choice to sell it is itself a black swan event, just because it is a slow process. Therefore, the bottom price of this wave of Bitcoin must wait until the German government stops selling or sells out its coins.

According to rumors, the force of this wave of decline comes not only from Germany, but also from the United States and the mysterious Eastern power. These chips that smashed the market mainly came from punishment. According to the liquidity of BTC, the reliability of this rumor is relatively high. In other words, a smash of only a few hundred million US dollars will not cause such a big drop, and there was also the benefit of ETFs pulling the market. In short, this wave of smashing the market is the real chips being shipped. As long as the chips of the German government are not transferred out in large quantities in a short period of time, there will be no new plunge.

In the short term, there is a high probability that there will be a rebound after this wave of retracement, but don't be too optimistic after the rebound. It is impossible to reverse directly after a big drop, but there will be a period of shock or a second bottoming out. Therefore, Xiaodie judged that if the big cake can hold the previous low under the condition of continuous shipment by the German government, it means a stage bottom. Everyone should also notice that when the big cake stepped back today, the altcoin did not fall below the support level.
#BTC下跌分析 #美联储何时降息？ #德国政府转移比特币 #Mt.Gox将启动偿还计划 #币安合约锦标赛

! ! Big news! !

Binance has made another big move

Binance announced that it will remove the trading pairs of BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT and POLS/USDT on July 22.

The price of this altcoin immediately couldn't hold up and fell sharply. You see, BOND fell by 25%, only $1.34; DOCK was even worse, falling by 29%; MDX fell by 22%; POLS also fell by 20%!

Moreover, the trading robot will also be closed together, and spot trading will be stopped from 06:00 on July 22. If there are still friends holding these currencies, you must act quickly and find ways to avoid risks!

Be careful! Starting October 22, 2024, cryptocurrency withdrawals will no longer be accepted, and starting June 18, even deposits will not be accepted. Don't wait until the last minute! According to CoinGecko data, the market reacted quickly to the news of the removal, and the price fell terribly. At this time, everyone must stay calm and don't panic!

#美国首次申领失业救济人数超出预期 #美联储何时降息？ #币安合约锦标赛 #Mt.Gox将启动偿还计划

Volume-price divergence, high volume and stagnation are trading opportunities

After the German Bitcoin dump, Mentougou officially began to compensate the victims. They have about 100,000 Bitcoins#BTCwaiting to be paid to creditors, but these Bitcoins have not received any actual compensation in the past few years. On the evening of July 5, Mentougou began to transfer Bitcoins to creditors one after another. After those creditors received the Bitcoins, some of them would definitely choose to sell them, thus creating selling pressure on the market. It really kills two birds with one stone. The market, which was already full of problems, was hit hard again, which can be said to be adding insult to injury.

Ninety percent of people believe that a big bull peak will appear in 2025. Let's see who sells high and runs fast. From the perspective of market cycles, in the 2015-2017 cycle, Bitcoin reached its price peak on the 518th day after the halving. In the 2019-2021 cycle, Bitcoin reached its price peak on the 546th day after the halving. If history repeats itself, the price peak of the next bull market will appear on the 518th-546th day after the halving. This means that Bitcoin may reach a new round of price peaks in mid-September or mid-October 2025. Previously, Bitcoin accelerated to 260 days in this cycle. However, due to the recent consolidation phase of more than 3 months, its acceleration rate has dropped sharply and is now about 150 days. Generally speaking, Bitcoin maintains a longer consolidation state after halving. The effect of resynchronizing with the traditional halving cycle will be better.

People who make money in the cryptocurrency circle must be
1: People who don’t chase the rise and fall.
2: People who don’t touch contracts.
3: People who build positions at the bottom of the monthly trend line.
4: People who exit with more than 3 times the profit.
5: People who don’t do small waves.
6: People who are based on the currency standard.
7: People who have big cakes and two cakes.
8: People who don’t have fomo emotions.
9: People who insist on hoarding coins.
10: People with a good mentality

I have a friend who has been trading cryptocurrencies for 5 years and is now financially independent

The crypto market is a high-risk investment market. He has been liquidated many times, but he survived every time. He has delivered food, driven for Didi, and moved bricks on construction sites. It was very hard, but he never gave up

Currently has two large flats in Shanghai, a Lamborghini, a Cullinan, and a girlfriend in her 60s

Xiaodie's market analysis today;
BTC:
It was sideways over the weekend, and there was no decent rebound. In the morning, the price broke the 550 integer mark again. Because it has gone out of the M head as a whole and it is not a support now, it will continue to go down to around 510 today.
ETH:
The overall weekly trend is still dead again. Observe the support of 2800 in the near future. If it breaks, the next support level will be 2400;
Altcoin:
I said at the weekend that the altcoin will rebound and there will be a "one-day trip" market. Those who want to buy the bottom have to wait. BTC/ETH is in a big short trend. Be cautious in buying the bottom! If you want to buy the bottom, you have to wait until the big cake has finished inserting the needle.

You bought the right coin, and it increased 10 times, but you only bought 10,000, so you only made 100,000, but if you bought 500,000, you would make 5 million.

If you bought the right coin, it immediately plummeted 50% right after you bought it, then went sideways for three months, and finally soared 100 times. It is likely that you have already cut your losses when it plummeted 50% and went sideways. You can't wait for the final fruit unless you understand the project, you have confidence that it will definitely return to value, and you are a die-hard holder.

So, to be free, there are three steps: choose the right coin, large position, and hold it.

Today's sharing:
1. The bear market is always a bear market, and the bull market is also a bear market. The bull market is always a bull market. After all these years of bear market, are you just starting to beat the dog today? The law of attraction, those who are close to bears are bears, and those who are close to bulls are bulls!

2. Risk management:
If you can't accurately judge the trend, you must have the ability to deal with uncertain trends. This is a master. What are the ways to deal with the break:
1. New range band
2. Adjust the position
3. Stop loss first, and then enter after breaking.
4. Leave it alone and wait
5. Change to a target with higher certainty, just treat it as a retreat.

3. Recently, a trading method has become popular, zero-based trading, examples: WOLF is the leader, bucky, chwy, yesterday's DRAGON.
Features: Mouse warehouse, strong control, financial strength, and relatively high historical market value. You can pick up garbage when it is almost zero and can't fall, waiting for the second burst, and dance with the dealer. It will not end all at once, there will be a second wave, or even a third wave. It is a continuous decline, followed by an explosive pull-up.

4. Luck has inertia! Good luck is good luck, and we don't need to limit our good luck. Even if good luck ends and hurts your profits, then this is the moment when you can afford to lose the most. This is definitely not superstition. When people are not doing well, they can get stuck in their teeth even if they drink cold water, but when everything is going well, they can make mistakes. Even if they do something wrong, good results can still appear. The state determines wealth.

Tonight's non-agricultural data analysis, everyone, if it is bad for the cryptocurrency market and good for the US dollar, all the previous data are scams, just for the harvest at this moment
According to the previously released data analysis, tonight's data should be good for the cryptocurrency market and bad for the US dollar! The unemployment rate should rise, and the non-agricultural employment population should decline

The German government has more than 40,000 bitcoins in total, and has been selling them since February this year. Is the country's finances really that poor?

In contrast, the Chinese government holds more than 300,000 bitcoins, but has never sold any, proving that the Communist Party still understands bitcoin, and the pattern between big countries and small countries has been opened up instantly.

Audi, Mercedes-Benz and BMW must be unsellable in Germany now, and they have started selling bitcoins. Boycott Germany, I will sell Cullinan tomorrow

The group members are still educated
[Sad][Sad]

The cryptocurrency market has brought out the sorrow of widows,
the confusion of the five-guarantee households, the loneliness of bachelors,
the regret of leftover women, the grievance and despair of married women,
and also the pain that cannot be stopped by ibuprofen

Xiaodie's market analysis today:

BTC:

This morning, it has broken yesterday's observation level of 56500. The 730-565 range will be broken in the near future. The next support is probably around 515!

ETH:

Today, it has reached the 3050 support given, but there is no volume. It is mainly driven by Bitcoin. Because of the recent ETF benefits, the downward momentum will not be too strong!

Altcoin:

Altcoin fear index is already 29, indicating that the market has begun to panic. The current level of the altcoin market has reached 519. Don't move your chips at this time. Often when the big market comes, there will be a blood sacrifice!#非农就业数据即将公布 #BTC走势分析 #德国政府转移比特币

It’s absolutely true. In the entire web3 circle created by He San, it is almost impossible to find any target to build a position in. Yet she is still quibbling and pretending to be stupid, saying that you should go short, as this market is already scrapped.

The fuel for the bull market is harmony. Many people may not have understood it before, but now they should be able to understand it.
Now the dealer basically blows up 200 million every day. This has lasted for more than 2 months. More than 12 billion dollars
The dealer is already very rich, and the liquidation has been very thorough.
The dealer is the one who creates and destroys faith, and completely destroys the confidence of the bulls
The bulls will not die, and the bull market will not come
#币安合约锦标赛 #以太坊ETF批准预期 #非农就业数据即将公布