The cryptocurrency market is so magical.
After Bao released the positive news last night, the market instantly reached 62,000, but immediately pulled back to 60,000+.
When the entire market believed that this positive news was enough to move the market and that the negative news would continue, the market suddenly reached 64,000+.
This is the magical cryptocurrency world. Last night, many friends who were doing contracts opened short positions at 61,000+. After all, according to the recent behavior of Bitcoin, it would indeed move this way, and they would stop making profits at 58,000+. It is very easy to make money this way.
During this period, many people operated in this way, but the market did not go as planned. It suddenly reached 64,000 and has been fluctuating around this position all day today, as if it is about to stabilize.
Whether it can stand firm and whether the market will go down or up, we can only wait and see. The market trend is determined by the actions of the market itself, not by the words of any kol.
As investors, what we can do is to be prepared for both situations and divide our positions into long-term positions and short-term positions, so that we can make money when the price goes up and buy at the bottom when the price goes down.
This is what makes you a qualified investor.
At this point, everyone should try to avoid any contact with contracts, local dogs and other garbage. If you do encounter them, the rewards will be great, but just one failure can make you return to poverty.
The current market trend has not yet emerged, so we try to focus on spot trading. When the trend emerges, Thirteenth Club will provide everyone with strategies internally to help everyone maximize their profits.
2，
When I have nothing to do, I will let the great god Shisan jump once to predict the market situation.
This prediction is pure guess and has no basis whatsoever. Just treat it as a joke and do not follow any of it.
There are still 7 days until the start of September.
At the beginning of the month, Shisan predicted the market conditions in August in his article, which was that the market would most likely be below 66,500.
The reference is based on historical data statistics, and the probability of a decline in August is high.
So will the market in the remaining days break through 66,500 directly like last night? It has been falling for a whole month, and will it reverse in the last few days?
Not likely.
This wave of rise should have absorbed all the positive factors released by the current market to the maximum extent. The next trend will either fluctuate around 64,000 or return to the range around 60,000.
If the market continues to fluctuate at the end of the month, friends who do not have enough positions can start their purchasing plans. After all, interest rates will be cut in September and the probability of an increase is high.
If it returns to 60,000, it would be even more important to buy at the bottom.
If an extreme situation occurs and the index drops to 5 or even starting with 4, then there is nothing to say, just like I said in yesterday’s article, directly increase your position to 90%.
Investing in Bitcoin is not a scam at all.
The probability of Bitcoin reaching 80,000+ this year is very high. In fact, as long as the market starts to rise, it will only take a moment to reach this position.
For example, last night, the market fluctuated for almost half a month, and in just a moment it reached 64,000.
As cryptocurrency investors, the reason why we are staying here is for this short-term surge. This is why Thirteen asks everyone to hold on to their long-term positions and value coins.
3，
Thirteen has seen many people obsessed with technical analysis and making crazy operations based on it.
I suffered quite a lot of losses during this period, but I couldn't get over it. I thought my judgment was correct and it was the market that was wrong.
In fact, the market has never been wrong. It is you who is wrong. You treat the cryptocurrency world as a casino, and you operate frantically, especially when the money-making effect is almost zero. If you don't owe money to anyone, then who else would you owe money to?
Some people only deal in Bitcoin and Ethereum. These people are understandable. After all, for projects with large market capitalization, the possibility of being controlled is very low.
Therefore, depending on its operation, the winning rate can exceed 50%.
But when Thirteen saw that many people were actually operating based on the technical trends of meme coins, he was very confused.
I understand everyone’s eagerness to make money in the cryptocurrency world, but don’t do it this way.
As for Dogcoin, these are the garbage in the currency circle. If someone pulls the price up, it will rise wildly, but when the banker harvests the money, it will fall to the eighteenth level of hell.
How to invest in the cryptocurrency world? Thirteen uses his years of experience in buying with real money to tell you that in the current market, you should do less trading, slowly build positions, and wait for opportunities.
Just like a hunter, he spends most of his time lurking, just for that brief chance to hit the target.
Especially for meme coins.
For example, for several popular projects, you can buy some when no one is interested after a big drop, and then sell them quickly after a sharp rise.
Don't expect to make money from this kind of garbage.
Just as Lao Luo said, since you are being kept, don’t talk about independent personality.
Thirteen believes that meme coins are just kept bitches.
