Today's funds 1875 U, July 2, 2024

According to the survey: More than 70% of crypto investors think they can become billionaires. I am one of the 70%. It seems that I am seriously ill, but the fact is that cryptocurrency is the fairest and most promising track for producing billionaires. The opportunities here will gradually become less and less over time. The market has begun to mature, and there will be fewer opportunities in the future.

This week is a macro week

On Tuesday, July 2, Federal Reserve Chairman Powell delivered a speech at the Central Bank Forum held by the European Central Bank.

On Wednesday, July 3, the number of ADP employment in the United States in June was the number of initial jobless claims in the United States that week.

On Thursday, July 4, the Federal Reserve released the minutes of the monetary policy meeting, and the European Central Bank released the minutes of the June monetary policy meeting.

The timing of these news will cause the market to fluctuate violently. If the contract leverage is too large, it is basically a gift. Between the rise and fall, a back and forth, the index has not changed, the contract money is gone, and the contract is dead in the process.

I have been thinking a lot recently. I don't want to do contracts in my heart. But now I have too little capital. I have ruined a good deck of cards in my hand. The focus should still be on the primary market. Binance's secondary mature market can only be operated when the market trend comes. In fact, in a month, it is enough to grasp the market operation three or two times. Holding positions every day, operating like a tiger, and finally losing a fool.

KAS has risen hundreds of times from 0.0005 to 0.183 now. I paid attention to mining coins in February and bought several mining coins in the primary market, but I didn't bet on Zhongbao. Now Binance does not have KAS spot, but has U-based contracts. I spent 400 U double leverage to buy a little spot. Many students must say that they are chasing high. I understand that the price of a coin is mainly based on the certainty of a coin.

Let's talk about the risks of the primary market. There are tens of millions of coins in the primary market. It is a good deal to bet on 100 coins and win one. 99 will return to zero. This is the primary market.

A classmate said that I had previously introduced betting on btcL2 Green Flash and Merlin Chain, which have now fallen and suffered huge losses. At least the coins that have risen are considered successful. In the primary market, there are many coins that have never risen and have directly returned to zero.Both btcL2 Green Flash and Merlin Chain rose in the beginning.