In the currency circle, the bull market is really coming, and leeks still can’t make money (from CoinsRadar.net):

This morning is another day of rising prices. Bitcoin and Ethereum hit recent highs. The trend is too strong. Are you guys on board? ? Are the leeks chasing the high? ? Can the leeks be patient? ?

Bitcoin and Ethereum both set new highs in 2024. Bitcoin pulled to 64,266 US dollars, and Ethereum pulled to 3,530 US dollars. They once again fell into a sharply volatile trend. The contract market of Bitcoin and Ethereum experienced a large-scale liquidation of this trend. We know that there is no Bitcoin spot ETF in 2021. The Bitcoin spot ETF will be born in 2024, and it will be exclusively American. The elites on Wall Street will not be idle. The countdown to Bitcoin halving is 56 days, and Ethereum Cancun is upgraded. The countdown is 9 days, and there is also the expectation that the Ethereum spot ETF will be approved. Various favorable factors will give birth to a bull market in the crypto market that will proceed with ups and downs. The first thing that shows is the rhythm of sector rotation. If you have a position, you will not be short.

Someone in the group sent a message early in the morning: "Good morning brothers, it's another day of rising prices. This is just the beginning. In the later stages of the bull market, you will doubt your life, and later you will find that you can't spend the money you earn that day. After all, the speed of spending money can’t keep up with the speed of making money, haha.”

The bull market has continued until now, and meme coins suddenly rose up, rising by more than half. Looking back, I discovered that PEPE was the total leader of meme coins. There are still opportunities after a correction at this position. Generally, the total leader starts from 10 times. , it’s only 5 times now, but don’t chase it where you are.

There are still many people who have not made money in this bull market, and even doubt the bull market. In the final analysis, they are still not engaged in Bitcoin and Bitcoin-related sectors. They are holding various bottom copycats without a main rise. They are shaking here and there, and the price seems to be rising. , but it is difficult to hold on to it, and it is easy to lose money in the end.

Shib, meme, floki and other meme varieties are explosive. PEPE leads the team, BCH and SHIB follow up, and it’s great to have a big position. Bitcoin pulls a flagpole, pauses for a while, and continues to rise, in full swing, money never sleeps.

Old currencies have also begun to rise driven by the enthusiasm for meme coins, and doge, dot, fil, bch and even eos have all begun to rise. Whether meme coins can continue to grow, if you look at the time axis, there is still a lot of room for growth. It depends on how long the overall bull market leaves room for everyone to grow.fil Maybe you think the previous plate was too heavy, but. After all, fil still has a consensus, and it can still bring you a little surprise.

The currency circle adopts the correct posture of small and broad. The currency circle rises and falls at the same time. The rise in the bull market does not need value support, it only needs a reason for the rise. Don't talk about faith with the copycats. Cut off the meat when it's time to cut it off. Time is Bitcoin’s friend, but it’s altcoin’s enemy. The value of Shanzhai is based on continuous innovation. Once innovation stagnates, the value will collapse. The value of Bitcoin is based on its immutability. If you are trapped by Bitcoin, there will be a day when you are unstuck, but this is not necessarily the case for Shanzhai. The only ones suitable for trading on the left are Bitcoin and Ethereum. The biggest risk for copycats is to return to zero.

At the beginning of a bull market, it is only healthy for Bitcoin to stand out. Therefore, first build a position in Bitcoin and Ethereum. If it rises, you will not be short, and if it falls, you will not be afraid of being trapped. A copycat has no defensive capabilities. The position of Bitcoin and Ethereum cannot be less than half. When playing copycats, you need to take the initiative to take advantage of the situation and take the initiative to sell the goods. If you fall down in one place, get up in another place. If you lose money here, you can make it back in another place. The biggest cost after being quilted is the opportunity cost. The core of copycat selling is to be able to sell.

Only eat three-thirds full, the fish heads and tails are not that delicious, leave it to the dealer, and you have to wait for the faucet to come out before eating the more certain fish maws. When playing copycats, you must have a light position. A heavy position will ruin your mentality, and your mentality will ruin your operations. Excessive operations will lead to loss of money. When speculating in currencies in the short term, remember to speculate on the old rather than the new! A long-term ambush, remember, buy new, not old!

The bull market is really here, but leeks still can't make money. No matter what kind of coins I buy, the first thing I do is find a group! The people in the group were so mixed that they could talk about anything. After listening to the teacher's analysis, Liao Cai ran away after five minutes. The teacher who led the order was also blindly analyzing, but it is not illegal to talk nonsense anyway.

What leeks have to do is, no matter what coins they buy, don't listen to others, and think calmly, especially if you have a heavy position. Simply buy value coins and leave them alone, ignoring the rise and fall. Even the three melons and two jujubes in the WeChat group are not enough to attract the money. There is no community currency pool for dogs to play in, and there is no need to join the order group!

After lurking a coin, think about it carefully and ask yourself a few questions. Is the general environment supporting the price to go up? Is the price of BlackRock's spot ETF going up? Is the price of Bitcoin also going up? , is there any value in the hidden currency, and how much decline can it withstand after buying it?This is enough. Whether it is a bull market or a deep bear market, if you want to make big money in the currency circle, mentality, goals, beliefs, and time are all indispensable.

Bitcoin's historical peak of US$69,000 will definitely break through. The US stock market Nasdaq has given the general direction in advance. After the breakthrough, no matter how much it rises, whether it is US$100,000 or US$160,000, it will be a late-stage increase in the bull market.

The bull market cycle has gone through two waves. The initial wave of the bull market: 16,000 to 20,000 US dollars. A wave in the middle of the bull market: US$25,000 to nearly US$69,000. A wave in the late bull market: $69,000 to the highest price. But just remember that the price from $69,000 to the highest price is in the late stage of the bull market. Before you know it, Bitcoin is close to its historical peak, and the bull market is halfway through.

Everyone should not think that all currencies will rise after seeing a bull market. Most investors still cannot make money after a bull market, and more leeks will lose money. Because the bull market generally rises, but it will also be accompanied by a sharp retracement. Some people cannot hold orders and change positions frequently. Causes anxiety and depression. In the end it ended in failure. The most important thing in the bull market is to hold on to valuable chips and don't care about small fluctuations. Slow is fast, and less fussing is important. Spend your time and energy on work and life, and slowly become rich. I hope everyone will gain a lot from this bull market.