Why do people who get easily addicted to trading should avoid futures? Let's take a look at a real tragedy in the crypto world!

During the bull market in 2021, I had a buddy who invested over 700,000 and quickly made over 5 million. At that time, everything he bought went up, and it felt like he didn't have enough money. Later, he opened a futures account, and after learning about it, he made even more money and was extremely happy.
One day, he suddenly asked me if there were any good coins to invest in and said that it was inconvenient for him to invest in small coins. When I heard that, I was startled and asked him where he got so much money. He told me it was financed, with five times leverage, and the interest wasn't low, plus a month's fee was deducted in advance.
I was worried that he would run into problems doing this, but he was quite confident, saying it was introduced by an acquaintance from the securities side, and it was absolutely safe. However, I already felt that the market was about to end, and I urged him for three consecutive days to close his futures account, but he wouldn't listen, thinking there wouldn't be any major issues.
Then, just a few days before May 19, Musk suddenly said that you no longer need Bitcoin to buy cars, and then Bitcoin plummeted dramatically, dropping 34% in a single day. Other coins also dropped severely, with Dogecoin and Shitcoin falling more than 50% and 60%. After that, I never heard him mention anything about the crypto world again. Later, I found out that he had been liquidated, losing over 18 million.
That night, he cried his heart out and almost wanted to do something drastic. His wife comforted him the whole night, fearing he might do something foolish.

Later, the couple moved to another city and lost contact since then.
So now, when someone asks me about futures, unless they can really follow my strategy, I just reply: buy spot.

I myself made it through with futures, friends who are confused and directionless in trading, leave a comment 1, to help you succeed, you can also join my exclusive chat room 暴富之路 to get the latest strategies and detailed points.
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If you want to make a profit in the cryptocurrency circle, remember these 5 tips.

1. Buy low and sell high, patience is the key. Simply put, buy in a bear market and sell in a bull market. A bull market lasts about half a year to a year, while a bear market may last one to two years. There is a bull-bear cycle every three to four years. Grasp the opportunity and it is possible to earn at least 50% profit in each bull market, which is much higher than other investments.

2. Select value coins, wait patiently, select coins with real prospects, and then enter the market when the price is the lowest, waiting for the value to rise.

3. Focus on the mainstream Bitcoin and Ethereum are evergreens in the cryptocurrency circle. Start in the bull market and sell in the bear market, and you can get at least 50% profit. In addition, some trading platform coins and strong basic chains, as well as coins with strong consensus, are all worthy investment options.

4. Sell 50% in the middle of the bull market, set a moving stop profit at the end of the bull market, and sell when the market starts to decline. Don't have unrealistic expectations.

5. Keep a clear head and avoid following the crowd. Although there are many opportunities in the bull market, especially when the altcoins are soaring, it is important to stay calm and not have the fantasy of getting rich overnight. For altcoins, heavy investment is extremely risky. It is okay to play with small funds, but don't bet everything on one throw. The most important point is to always protect your principal. Stop loss in time when the market is unstable and wait patiently for the next opportunity. Remember, in the currency circle, fund security is the most important.

The big bull market is coming soon. I plan to layout some tokens that are about to usher in good news, and also look for some currencies with long-term potential to hold until the end of the year. Friends who have positions can join my chat room to get my latest strategies and detailed points! Chat room entrance → 暴富之路
You can also click the three dots in the upper right corner of the contract → Chat room → Search room ID (33765558) to enter the chat room.
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Why do the AI and MEME sectors need to be continuously monitored?

1. Isn't playing with MEME just a matter of a phrase, speculating on concepts and telling stories?
Aside from MEME, what kind of narrative does the market prefer most?
It’s AI; no matter how superficial this AI might be, as long as it dons an AI exterior, it becomes the darling of the market.

2. Some narratives may quickly lose their heat. A small prediction: the MEME narrative represented by artworks like $Ban finds it hard to establish 'stickiness' with retail investors, lacking a sense of vitality. After its peak, it's likely to fade into silence, and ultimately, funds will return to the Zoo or MEME+AI.

3. The secondary market only recognizes MEME and AI as version T0. This logic also holds a lot of imagination when telling stories on-chain. Some narratives are only suitable for a fling, while others can lead to marriage. Currently, one validated option for marriage is the Zoo, and from an imaginative perspective, the best answer is MEME+AI.

Friends who are currently confused and directionless in trading can come to the chat room for discussion!
If you're unsure how to enter the chat room, you can directly click 暴富之路 to enter.
You can also click the three dots in the upper right corner of the contract → Chat Room → Search Room ID (33765558) to enter the chat room.
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Is the bull market in the crypto space coming?

As we approach November, the financial markets will welcome a series of highly anticipated data and events, each capable of shaking up the market landscape. First, on November 1, the U.S. non-farm payroll data and unemployment rate will be revealed. As a barometer of economic health, they will directly influence market sentiment and expectations for future trends. Following that, on November 5, the results of the U.S. presidential election will have a profound impact on policy direction and market confidence; any uncertainty in the election results could exacerbate market volatility.
Then, on November 8, Federal Reserve Chairman Powell will hold a monetary policy press conference and announce the Fed's latest interest rate decision. This event is not only related to the direct economic effects of interest rate changes but also concerns how the market interprets the Fed's stance on future economic and monetary policy, thus adjusting asset allocations. By November 13, the release of U.S. CPI data will further reveal inflation dynamics, providing investors with crucial clues about economic overheating or slowdown.
Amidst this series of 'super events', the focus of the market is whether it will step into a bull market feast or face unpredictable 'black swan' events. On one hand, positive economic data coupled with the Fed's accommodative policies may ignite optimistic sentiment in the market, pushing it upward; on the other hand, any negative news or uncertainty in election results could quickly translate into panic in the market, leading to severe price fluctuations.
Therefore, in the face of this series of major events, one must remain highly vigilant, ready to seize potential market opportunities while guarding against unforeseen risks. A reasonable layout, risk diversification, and closely monitoring developments while flexibly adjusting strategies are wise moves to navigate the current complex market environment.

For friends who are currently confused and directionless in trading, leave a comment, and I'll help you get back on track. You can also join my exclusive chat room 暴富之路 to get the latest strategies and detailed points. #BinanceBlockchainWeek #比特币布林带收窄至低水平 #PCE、非农数据来袭 #美国大选前行情观察

How to turn 3,000 into 1 million in the cryptocurrency world?

3,000 in the cryptocurrency world is about 400 USD!
Recommended optimal strategy: Contracts
Use 100 USD each time to gamble on trending coins, and set profit and loss limits.
100 turns to 200, 200 turns to 400, 400 turns to 800.
Remember, a maximum of three times! Because the cryptocurrency world requires a bit of luck, each time gambling like this can easily win 9 times but lose once!
If you successfully navigate 3 rounds with 100, then your capital will reach 1100 USD!
At this point, it's recommended to use a three-pronged strategy.
Do two types of trades a day: ultra-short trades and strategy trades; if an opportunity arises, then go for trend trades.
Ultra-short trades are for quick attacks, at the 15-minute level.
Advantages: High returns
Disadvantages: High risk
Only do major coin level trades.
The second type of trade, strategy trades, is to use small positions.
For example, use 15 USD with 10x leverage to do contracts at around the 4-hour level.
Save the profits and invest in major coins weekly.
The third type, trend trades.
Medium to long-term trading, go directly when you see the right opportunity.
Advantages: More gains
Find the right entry points.
Set a relatively high cost-benefit ratio for profit and loss.

Friends who are currently confused and directionless in trading can join the chat room for discussions!
If you don't know how to enter the chat room, click on the three dots in the upper right corner of Contracts → Chat Room → Search Room ID (33765558) to enter the chat room. You can also directly click 暴富之路 to enter the chat room.
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🚨Bitcoin Market Analysis🚨🚀
The recent market for Bitcoin has been quite frustrating, after securing profits on short positions, I haven't taken any further actions. I switched to a long position in SOL, and after closing the SOL position, I am now holding a long position in BTC. Based on the current trend, it is at the stage of breaking through the 69300 level, and the possibility of a breakthrough with a retracement tonight or tomorrow morning is relatively high.

If Bitcoin can break through 70000 this week, I would expect it to reach 71945-71109 by Friday. If it cannot reach that, a retracement around 70500 is also quite possible, and this retracement might go down to 66454-65718-64875. It’s worth paying attention to the support situation around 67276-67560.

Currently, there is a divergence between bulls and bears in the uptrend, the bulls are driving the rise while still carrying the bears. I hope that after the non-farm payroll data is released on Friday, we can complete a washout retracement next week, with bulls and bears completing their confrontations, leading to the first wave of a bull market before the election.

Initially, I didn't believe Bitcoin would reach 70,000 before the election. 🤨🧐🤔🤫#BinanceBlockchainWeek #比特币布林带收窄至低水平 #BTC突破6W9 #PCE、非农数据来袭 #phantom钱包宕机 $BTC

Everyone, I have already mentioned my views on this script. I believe the market evolution should see Bitcoin first stabilize around 70,000, attracting retail investors to chase high prices, followed by a sharp drop to the 64,800~65,800 range. After completing the slaughter of those who chased high prices, which also finishes the process of washing out many positions, the market will then see another upward stretch from the ‘whale’. This is the main event of our script. It is also the latter part of my market analysis for everyone. Regarding the previous sharp drop, we anticipated it would take a heavy hit of 3,000 points, resulting in profits of over 90,000. However, our true objective is to predict the latter part of the market, which is after a double kill of long and short positions. We expect another wave of increase, which is our prediction that it might drop to the 64,800~65,800 range, with the possibility of continuing to break upward. Breaking the new high of 70,000.

What trading strategy have you used to make money in the crypto space?

Let me share with you a trading strategy I have used myself. From entering the market to 3 million, then to a debt of 8 million, and then to a profit of 10 million, I primarily mastered contract techniques. Once you learn it, you can do it too.

1. Add cryptocurrencies that have risen in the ranking within 11 days to your watchlist, but note that any cryptocurrencies that have dropped for more than three days should be excluded to avoid capital escaping after realizing profits.
2. Open the candlestick chart and only look at the cryptocurrencies with a monthly MACD golden cross.
3. Open the daily candlestick chart, and here only look at the 60-day moving average. As long as the price of the coin pulls back near the 60-day moving average and a volume candlestick appears, then enter the market heavily.
4. After entering the market, use the 60-day moving average as a standard: hold when above it and sell when below it. This is divided into three details:
1. When the segment's rise exceeds 30%, sell one-third.
2. When the segment's rise exceeds 50%, sell another one-third.
3. The most important point, which determines whether you can make a profit, is that if you buy in on the same day and the next day there are unexpected situations causing the price to directly fall below the 60-day moving average, then you must exit completely without holding any false hopes.
Although the probability of falling below the 60-day line using this method combining monthly and daily charts is very low, we still need to have risk awareness. In the crypto space, the most important thing is to protect your principal. Even if you have already sold, you can buy back when it meets the buying conditions again.
Ultimately, the difficulty in making money lies not in the method, but in execution.
A trading system is a weapon that can help you achieve stable profits.
It can help you mark key positions, discover entry signals, and find trading opportunities that can make you money.
I am someone who has successfully navigated contracts. Friends who are currently confused and directionless in trading, comment or leave a message 1 to help you navigate as well. You can also join my exclusive chat room 暴富之路 for the latest strategies and detailed points.
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In today's cryptocurrency market, do you think it's better to trade contracts or spot?

It depends on the capital; if it's below 10,000, trade contracts; if above 10,000, trade spot.
Important... Do not use online loans, do not use online loans, do not use online loans.
Regardless of what you play, you must use money that you can afford to lose without impacting your life.
Do not underestimate a bull market; spot trading can yield returns of 10 to 20 times, which is very possible. Turning 10,000 into 200,000 is also a significant financial gain for an ordinary family.
However, if you want to get rich quickly through cryptocurrency and cross social classes, then trade contracts, but it's advised to use a very small amount; the essence of contracts is to take small risks for big rewards.
Do not underestimate small amounts of money; many people around have turned 500 into millions. The cryptocurrency market is such a magical place. In today's social environment, I can say that the only path for an ordinary person without skills to achieve financial freedom is through cryptocurrency. I hope everyone can achieve their expectations in this bull market.

Friends who want to get to the root can join the chat room! Strategies and spot trading targets will be shared there.
If you don't know how to enter the chat room, you can directly click 暴富之路 to enter the chat room.
You can also click the three dots in the upper right corner of contracts → chat room → search room ID (33765558) to enter the chat room.
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