After the interest rate cut, the market has been rising for two consecutive days and has basically returned to its previous second highest point.

Many people's orders that were about to die were revived, the market was peaceful, and everyone's long-lost enthusiasm was slowly returning.

But some are happy while others are sad.

Some people started to make money, but some people misjudged the direction and opened high-multiple short orders, and are now on the verge of a margin call.

For every friend who enters the Thirteen Circles, I basically tell him the Thirteen Circles’ investment style. It is not recommended to open a contract before the trend emerges.

However, there are always some friends who don’t listen to advice and even opened high-multiple short orders after the interest rate cut. Now they are in an awkward situation.

You asked me for advice, but Thirteen couldn't give you any effective suggestions at this time. No matter what you do, you're walking on the edge of a knife, and if you're not careful, there's no way back.

Taking this opportunity, Thirteen would like to reiterate that everyone should not enter the cryptocurrency circle with the goal of getting rich, but should lower their goals, such as making a little money to improve their lives...

As a retail investor, if you want to achieve financial freedom in the cryptocurrency market, you can open a 100x order, hold it, and then achieve financial freedom at the high point...

Ideals are full, but reality is so skinny.

2，

I remember a Taiwanese blogger opened a 100-fold long order when Bitcoin was over 50,000. When Bitcoin rose above 70,000, he was in high spirits, showing off everywhere to attract traffic, and gave countless reasons to come to the conclusion that Bitcoin will break through to the beginning of 9 in a short period of time.

The market continued to fall, and finally I couldn't hold on any longer and closed my position near the cost price.

Although there is no loss, what Shisan wants to tell everyone is that don’t think about getting rich quickly in the cryptocurrency circle.

For example, if my total position is 200,000 U, then there is no problem in taking out 10,000 to open a high-multiple order at a low level.

For example, after each round of Bitcoin plunge, you enter the market to buy at the bottom, and this operation must be completed in a bear market.

Since March this year, although the market has been falling, it is difficult to find an excellent entry point because this year is not a bear market at all.

Instead, it is in a period of shock and cleansing before the bull market begins. During this period, it is very difficult to grasp the point of opening an order.

When Bitcoin drops to around 48,000, do you dare to open a high multiple?

At that time, the market was in a state of panic and it was very likely that the price would continue to fall to the 45,000 range.

Do you dare to enter the market with a high multiple?

Therefore, before the market trend emerges, it is best for everyone to keep a lid on their actions and not to make any rash moves.

It doesn’t matter if I can’t make money in the cryptocurrency circle. As long as I survive in this circle, I will be one of the few people who make money in the end.

If you put all your hopes on contracts, the upcoming bull market has nothing to do with you.

The market fluctuations in this oscillation cycle can kill you countless times.

3，

​How will the market develop next?

Within thirteen circles, I have given clear instructions and moved the take-profit level upwards.

Why do we do this? Because the market has been rising for two consecutive days, the positive news of the interest rate cut should have been digested.

The pressure at this current position is relatively large. Without the stimulation of good news, it will be difficult for the market to break upward.

But if you choose to take profit, what if the market takes off directly?

After all, the market has been suppressed for such a long time. Will the dealer decisively enter the market and directly buy Lafite?

This is also possible. After all, most of the investors have almost no chips in their hands.

If this wave of market pulls back, it will give the "leeks" enough opportunities to get on board, and the market makers will be very tired to manipulate the market.

No one can clearly predict the short-term market situation, and don’t expect to find a clear answer from Thirteen.

Because there are no answers to short-term market conditions, it’s all guesswork.

However, the overall market has been under some pressure so far, and the selling pressure on short-term orders will be relatively large.

If it fluctuates at this position and the chips are fully accumulated and digested, as long as the market stabilizes, the possibility of taking off in October will greatly increase.

4，

The market has risen so much, is it still possible to buy at the bottom?

For some friends who do not have enough positions, it is very painful now, because no one believed Thirteen when he advised everyone to buy at the bottom in his articles every day.

Instead, they were dominated by the fear in the market and chose to go short and wait for a lower price.

It’s a bit embarrassing now. Watching others make money is really more painful than losing money myself.

Thirteen’s suggestion is to continue to insist on regular investment, and invest regularly every day.

Although the market has risen a bit, the overall increase is not large, only about 10 points. For the long-term market, it is still in a relatively bottom range.

However, short-term market fluctuations will be relatively large, so you should remain calm when it falls.

To be honest, the overall holding cost of investors entering the market now is still lower than that of investors who entered the market in March.

They are still persisting, what are you afraid of?

There's nothing to worry about.

That’s all for today, see you tomorrow! ~