This market finally fell in the direction I was inclined to. Since it fell, the second bottoming out may be the real bottom. The dog market really fulfilled my prediction of the annual top of 74,000.
However, we cannot gloat over misfortune. After all, this week was a roller coaster of volatility, and many contract holders were killed by both long and short positions. Even if you read my diary and know to short at highs, it is very easy to hit a stop loss if you don’t have a precise point. Short-term trading is not easy, so turn back before it is too late.
I stayed up late last night and made a short position. Although I made a little money, it was still a risk. The short position I made a few days ago was hit with several stop losses. Is the main force secretly reading my diary and working against me? Next time I will go all in and see who has the most powerful skills! I am kidding, I will not be as aggressive as before, I just play with the ant warehouse occasionally. It is harder for ordinary people to make a fortune by contracts than to climb to the sky.
If a person like me who is a Liu Bowen in the cryptocurrency world cannot make a stable profit, how can you who don’t know the Eighteen Dragon Subduing Palms do it? Therefore, we should learn from our mistakes and change our thinking. Maybe there will be a bright future after a dark period. The cryptocurrency world is heaven and hell. The cryptocurrency world goes left, and the mining world goes right.
Today I watched "Rebirth" starring Zha Zha Hui and Chen Guilin. It was a dark movie with big scenes. The joint production of Hong Kong and Taiwan is much better and more enjoyable than the mainland movies, especially the director is the white-haired Duan Kun from Tsim Sha Tsui. Bruce Lee played the villain, who was killed by the corrupt police Chen Guilin and the undercover Zha Zha Hui. In the end, he found out that there was a game within the game, and by the end of the movie, a lot of people were dead.
In "Rebirth", Chen Guilin seized a wall of 2 billion US dollars of the life savings of a Thai drug lord, but Zha Zha Hui used explosives to blow up the 2 billion US dollars. Brothers, go and watch that scene. This movie was shot in my favorite Thailand, and it feels a bit like a pirated version of "Drug War". Tsim Sha Tsui's Duan Kun is indeed a genius director. Hong Kong films still have successors, although the Hong Kong economy is also in a mess.If you want to get results in web3, you must choose the right track. I regret not insisting on mining bitcoins 10 years ago. Otherwise, what would be the point of having me, Wang, and Wu Jihan in the mining circle? Back then, I remember that I could mine one BTC in a month, but later I mined slower and slower.
It’s a pity that there was no model back then, otherwise my team would have been thriving long ago. Because of my advanced vision 10 years ago, people around me said I was a lunatic. There was nothing I could do, geniuses and lunatics are very similar. How could ordinary people understand my wisdom and foresight?
A prodigal son who returns is worth more than gold. The sea of suffering in contracts is endless. The cryptocurrency circle is actually a first-level and a half market. Using computing power to mine is equivalent to daily fixed investment to leverage the utilization rate of funds in your hands. The most important thing is that you can hoard the coins in your hands by actively locking positions. The relatively low price of Bitcoin now is a good time to enter the market.
On the eve of the last bull market, when Bitcoin was priced at more than 50,000 yuan in 2019, I asked my partner to take a plane, then a train and a car to a remote Sichuan mine for a field trip. However, due to the cognitive problems of my partners, I chose the highly profitable lottery field at that time. I was unwilling to give up, so I bought cloud computing power from BitDeer and mined for 365 days, paying more than 1,000 yuan in electricity bills every month. This allowed me to get another 6 bitcoins during the epidemic. As for the fact that I later went bankrupt due to a heavy contract, it was all tears. The team leader is really the real-life version of Livermore in the Chinese blockchain industry. His life has experienced ups and downs and has not been lived in vain. The story is so exciting.
Looking back ten years ago, when the boss drove me to a factory building at the junction of urban and rural areas, the shutter door opened, and I saw hundreds of green glowing things that looked like computer hosts. I was particularly sensitive to money and opportunities, so I immediately decided to buy two mining machines, each of which cost tens of thousands of yuan at the time. The brand was called Avalon, and many of you newbies must have never even heard of it.
After mining for a while, I was smart and sold it to the leader of the WV Dream Journey team in Tianjin. I was very proud of the difference. Later, I realized that I was a fool and sold the old hen that laid golden eggs every day. To be honest, I regretted it for many years. I often imagine what kind of life would be like if I had persisted in mining for 10 years? I guess my name should be on the list of the gods of the cryptocurrency poker.
What a pity, what a pity, ten years later I am back to square one. Why? Because there is a model, you can be a mining machine agent and promote the team, which can help many people make a comeback. Other web3 tracks are very competitive, while the mining circle is unknown, the machines are printing money 24 hours a day, although a little less, but the volume is huge and it is difficult for ordinary people to get involved without channels, because the miners have gone overseas.
Fortunately, the leader of the group traveled all over the country and met an old miner in Pattaya, Thailand at the end of March. At that time, the Bitcoin price was about to be halved, so I observed it for a while. Now the computing power is stable after the halving. Although the monthly rate is not high, only 7.5%, the computing power package does not require electricity bills. It can be promoted and sold after mining for two years and 730 days. In my life, I admire leaders who are good at sales, team building and speeches the most, because they earn passive income.
Do you know why you are anxious? Because you have no channels and always rely on fighting alone. The cryptocurrency circle is a big casino without walls. If you don't have a clear positioning, sooner or later the bullets in your pocket will be used up. Because the main force will use big data to blow up your position before moving in the direction of the trend you judge. This is the truth of the financial capital market. Don't imagine Wall Street to be beautiful. Without washing the plate and cutting the leeks cleanly, do you think the main force will easily pull the price to 150,000 US dollars?
Even if you know the ending of the bull market, if you die on the eve of the event, you may not be able to get a seat at the celebration party. Only by changing your way of life like Zha Zha Hui in "Rebirth" can you completely defeat the dog dealer. Most people can't make money playing contracts. Believe me, the truth hurts. I am the leader, I am waiting for you in the mining circle...