How do rich people play in the cryptocurrency circle? 👇 Today's largest#BTCoption block trade: A boss earned $1.589 million by selling a call option of $110,000 at the end of March next year, totaling 800 bitcoins.
It is estimated that the boss holds a large amount of BTC spot and earns income by selling forward inflated call options. The price at delivery is <span (break-even point), which is a profit. The currency-based income is 3.6% (about 6.54% annualized)
$SUI Grayscale: Sui Trust is open to qualified investors seeking to invest in SUI. Sui instantly took off 15 points. Last time, Grayscale was also positive and the market was crazy... There is another coin that is $TAO that is sure to take off. It is currently a reply and a hype coin.
#BTC☀ The stock god Buffett once said: Investing only requires an IQ of 120. 120 is the comment level, so don’t think that there is a big gap between you and others. Most of them are the same. You just need to understand, execute, and wait.
The bull flag is still there, no need to worry. Just wait.
Yesterday, all ETFs had net inflows. Currently, there is a net inflow in the market, which means that the market has improved.
Today's debate between Trump and Harris temporarily brought down the crypto market. I think there is nothing wrong with Wood supporting Harris as a woman, so please don't criticize her.
The CPI data will be released at 8:30 pm, which will be a new important reference. Directly hit whether the interest rate cut on September 19 is in line with the expected 25 or exceeded the expected 50.
Live: Today's debate between Trump and Harris was obviously more exciting than the last one... This time, Trump was not as relaxed as he was when facing Biden
Bitcoin tends to break out of its post-halving reaccumulation range within 150-180 days of the halving
A breakout is expected in the next two weeks or so
However, average monthly returns in September are usually limited
More realistically, a breakout is more likely in October, which has historically been a strong month for Bitcoin, especially in a halving year like 2024
In previous halving years (2016 and 2020), Bitcoin rose for three consecutive months in October, November, and December #BTC
The main issues that everyone is concerned about at present are: Will the interest rate cut bring about an increase, and when will the bull market begin?
Let me first talk about my views on the current market. Based on past experience, expectations of interest rate cuts are often overhyped. The situation where hot expectations become cold facts is similar to last year's Bitcoin ETF and this year's halving. Therefore, the impact of interest rate cuts is similar.
When the interest rate cut is actually implemented, both market sentiment and capital flow will definitely have a driving effect on the currency circle, but this is not the beginning of a bull market. It is likely to only trigger a short-term rise, which may then fall back.
The arrival of the bull market may have to wait until Trump returns to power. He may launch a series of policies to stimulate consumption, and expectations for the crypto market are also expected to push the currency circle into a larger stage of development. #美国大选如何影响加密产业? #BTC走势分析 $BTC
What are miners, mining farms, and mining machines? Let's see how miners are made.
The mining circle is not simple. Most people only know one thing but not the other. Let us understand the fundamentals of miners together. Miners, mining farms, mining pools, mining machine manufacturers, power plants, local policies, etc. are all stakeholders.
Here are the stories behind mining that you don’t know: I have a friend who entered the circle in 2013 and went all in in 2017. He has experienced and seen a lot of things in the cryptocurrency circle and shared a lot with me~ From his perspective, he explains the underlying logic of mining. As a former miner, small mine owner, and seller of mining machines, he should be qualified to tell the story behind it.
This month I saw several Ethereum holders collapse to the point where they had to change their names. Fortunately, Laohu is a loyal hodler of BTC, although the total amount I have is less than 100.
Part of Alibaba's founding team was very bearish on their company and their industry in the earliest days of the company, and left Jack Ma very early. Because the closer they are to it, the more bearish they are. Needless to say, what they missed later
Let's look at Bitcoin. Starting in 2018, after 6 years of hard work by the entire industry, the Bitcoin ETF in the US stock market was finally passed, and Bitcoin finally became a new asset other than securities. However, just a few months after the new story started, extreme pessimism spread in the currency circle. A considerable number of people are strongly bearish on Bitcoin and PoW blockchain. They think that the Bitcoin story has been told and the future is gradually disappearing
If you are so pessimistic, just sell them all and find a factory to screw. 🙈
Basically, all BTC ETFs are flowing out, continuously. The most amazing one is BlackRock. Even if there is no inflow or outflow, from the time the application was approved to now, I have only heard of BlackRock increasing its holdings, but never heard of reducing its holdings. This is a holder.
How much influence does having money or not having money have on a person?
I am only talking about men, women are not welcome.
If a family is very poor, has no property, and no RMB, then when he works for ten days and is ready to take two days off to play games and relax, his parents will say that he is a prodigal son and is not doing his job properly, and women will say that he is too naive, only knows how to play games, and is not worthy of being relied on. They will turn around and leave...
If a man, regardless of his original family, or good luck, buys Bitcoin at a cost of a few thousand dollars and makes hundreds of millions. He only goes to work occasionally in a month, women will feel that he is very family-oriented, very down-to-earth, and very mature. This is much better than going to work! Worth entrusting for life.
If a man can make money, opens a company to support dozens of employees, even if he never wears formal clothes, wears flowery shorts every day, and plays games, women will feel that this man is very simple, has no airs, and is as clear and simple as a child. It is so rare, so cherish him!
On the contrary, if a man doesn't earn much, but works hard at home, doesn't work hard on his career or make money, takes time off to cook for his girlfriend, cleans the table, mops the floor, takes out the trash, and does everything, then your family will be angry at you and think you are a loser, and even the dog at home won't wag its tail at you.
Even if you cook delicious meals, mop the floor, serve tea and water to your parents, and wash your wife's feet, they will still think you are a loser and childish.
However, once a man has money, his wife, his parents, his children, and his dog at home will all have sincere and bright smiles on their faces when they see him.
At this time, the potted plants at his home are also growing well.