Why is the cryptocurrency circle so addictive and hard to quit?

Because of human nature and gambling, most people cannot distinguish between gambling and speculation in their lifetime. They gamble all their lives in a muddle and end up with nothing.
The most important thing is that you should know that this is a purely speculative market. Without investment,
any money-making project is the 28th law?, 2% of people make money, 8% of people make no money or lose money, and 90% of people lose money. So it doesn't matter whether you share it or not. What's important is that you can't do it, you have no experience, no ability, and you lose money. Instead, you say that the sharer is cutting non-vegetables. This is really not worth the loss. How many people have gone bankrupt in the three years of the epidemic? I will only talk about my own experience, which can be used as a reference. I don't recommend blind imitation. Remember that there are risks in doing anything. Ordinary people must speculate if they want to make quick money, and speculation often has high risks and is easy to make people bankrupt. This seems to be a paradox, but it is actually a way for ordinary people to make money.

And digital currency contract trading is a tool for the redistribution of wealth, and it is a thorough financial speculation market. You have to remember that this is a completely speculative market. There is no investment, and speculation tests human nature. Speculation is a life-or-death struggle. If you get too excited, you will die faster. Those who lose everything are unwilling to admit defeat, have a strong addiction, and force orders. In the end, they are blown up again and again and go to despair. However, this is also a market that creates miracles. Profits of hundreds or thousands of times make people's adrenaline soar. Once you experience this pleasure, it is difficult to quit. Therefore, trading speculation must have its own trading system and trading rhythm. At the same time, emotional stability is very important. Only when you are not happy with things and not sad with yourself can you walk long-term. So it doesn’t matter what currency you buy, what matters is when to buy and when to sell. You must think clearly about this.

I started to do contracts in 2018, and I lost more than 80 BTC one after another. I made all the mistakes I should have made, including heavy positions, overnight, and single orders. This is a market that eats people, and it is also a market that creates miracles. Along the way, the bitter tears are hard to describe.
It took me nearly two years to really make my first pot of gold in the cryptocurrency world. I started trading cryptocurrency contracts in 2018. I was fearless at the time. I lost more than 800,000 yuan in half a year by relying on my own strength. I was still working at the time. Although most of it was my own savings, I didn't dare to let my family know because they didn't understand and support me from the beginning.I think the most uncomfortable thing is not the amount of money lost, but the feeling of loss, the negative emotions under long-term pressure, and the whole person is depressed.

In the next more than a year, I continued to make profits and losses, but I became more and more familiar with the trend of Ethereum, and slowly formed my own trading sense and trading rhythm. Perhaps due to good luck, in the 20-year bull market, with the skyrocketing ether, my trading system has become increasingly mature, my intraday swing trading points have become more accurate, and my emotional control has also improved significantly. This year, in addition to making back the previous losses, I also earned an additional 800,000 U. Until now, my trading strategy has been to trade with 30,000 U, withdraw the currency when it doubles, and continue depositing and trading after taking a break to adjust. This is also a way of capital risk control. In terms of operation, we only trade within the day, never overnight, never resist orders, avoid encountering extremely large market prices, and go directly to the top.

After 20 years of full-time trading, I have gained more insights into this market. It really means that one day in this world takes one year. The market rotates between long and short. As long as there are fluctuations and you stick to a certain band, you can make money regardless of whether you are long or short. Therefore, you must sometimes try to avoid intervening in the objective trend of the market with your own subjective judgment, because there are too many subjective judgments, and once the market moves, On the contrary, it is easy to hold orders, so just trade with the trend no matter how the market goes. There are actually unlimited opportunities in the market. As long as you try to avoid making repeated mistakes, such as taking orders against the trend or taking heavy positions against the trend, you can protect your principal. You will definitely be able to make profits in the market.

In trading, don't be afraid of big fluctuations, because big fluctuations can create trend opportunities; don't be afraid of small fluctuations, because small fluctuations can be accommodated by trends. The most fearful thing is that emotions keep changing with market fluctuations, and then just go against all the rhythms for a period of time, which will hurt money and make you sad.

Contract trading “is the proving ground of human nature. Sometimes after multiple consecutive losses, it is easy to take a heavy position or go against the trend. These are mistakes made due to human nature.
Trading is often anti-human, and full-time trading requires overcoming more pain, incomprehension, and loneliness. Also, don’t deny yourself, slowly find your own trading rhythm, don’t be too whimsical when things go well, and don’t belittle yourself when things go poorly.
It has been six years since I started my career in the cryptocurrency industry. I am still trading and making a profit, but my mindset has changed. I have become less concerned about many things and love life more. I enjoy the simple life.

Finally, I wish you a prosperous life and a smooth journey.

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I only have 100,000 yuan in my hand. If I make 1,000,000 yuan🔥(the next 🈷️ strategy will give you the specific currency and entry point👌)
If you want to multiply your funds 10 times, there are several ways:
1. High-multiple contract gamblers (a life-or-death struggle, lottery probability, not recommended)
2. Ambush potential currencies, meet three points, the right track, early stage, heavy position.
So, how to choose a currency with potential?
1. Select a potential track (the next 🈷️ strategy will give you the currency and entry point for these tracks👌)
Such as BTC ecology, RWA, MEME, AI, decentralized public chain, GameFi, etc. The track story can be talked about in the future, and even landed, changing the traditional industry.
2. Choose new coins that have been launched in the last 1-2 years (including dex)
Don't chase the rise and fall of old currencies. Old currencies are burdened with heavy bags and many locked-in positions. Choose new coins.
3. Pay attention to small currencies with low circulation market value (less than 300 million US dollars)
Try to fully circulate (or more than 60% have been unlocked) and have good fundamentals, which will leave more room for imagination for its subsequent growth.
4. The team has a strong background and has star institutions or CEX investment
Star institutions and CEX investment mean that the possibility of listing on the first-tier large exchange in the future is relatively large, and there are many industry resources, which means the probability of success is high.
5. Select about 4~5 related currencies, don't go all in on one
The probability of 10 times is not always there, so invest in a few more appropriately, but not too much, two to three tracks, 3~4 projects are best. It's enough if one project explodes.

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#今日市场观点 #btc #美国大选如何影响加密产业？ #美国6月CPI大幅降温 #美联储何时降息？

PEPE's market today, bullish or bearish?

Uncle Eleven's view is bullish, let me tell you why
PEPE's latest price is 0.00001243, up 6.42% in the past 24 hours. The news shows that the whale address transferred 1.1 trillion PEPE to the Binance deposit address in the past hour, and may sell it. At the same time, there is community sentiment that PFPE's rebound performance leads the rate market, and the price has actually doubled. Fundamental data shows that the 24-hour trading volume is about 197.4 billion US dollars. From the consumption perspective, there is a risk of selling: but the calculation area sentiment and its own data support PEPE's potential for growth.

The above are all personal opinions, and do not constitute investment advice. Brothers should invest cautiously!
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Analysts say the prices of these altcoins are bound to rise
Crypto's cryptocurrency analyst il Capo shared with investors in a statement an altcoin that he believes will rise in price.
Il Capo, one of the most famous figures in the cryptocurrency market, shared which altcoins he is bullish on during the general market downturn.
il Capo announced that he is bullish on altcoins FET, AGIX and OCEAN. These three altcoins decided to merge not long ago and changed their name to ASI. Crypto exchange Binance also announced that it will support this merger event.
The analyst said that he is optimistic about the artificial intelligence (AI) industry. The analyst said that the three tokens will complete the merger event around July, which will boost the development of the AI ​​industry.
In addition, il Capo said that Nvidia, which is also a stock in the field of artificial intelligence, has also grown recently.
il Capo claimed that a large part of his current portfolio consists of artificial intelligence altcoins.
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#btc #以太坊

Here’s why a major altcoin season isn’t coming

Prominent financial analyst Murad Mahmudov believes there won’t be a major altcoin season due to a decline in total excess savings among U.S. households.
According to recent data from the Federal Reserve Bank of San Francisco, Americans have now spent all of their savings. The sharp increase in savings between March 2020 and August 2021 was driven by a sharp drop in consumer spending.

Excess savings peaked in August 2021 at more than $2.1 trillion, according to the San Francisco Fed economists.

While those savings are now almost gone, reports suggest that a strong labor market could help sustain spending. However, recent earnings reports from big companies like Amazon show that consumers have become more cautious with their budgets.

Given that Americans are spending more cautiously now than in 2021, Mahmudov believes they are less likely to splurge on risky altcoins.

“The best you can hope for is that hot money in the cryptocurrency market will drive altcoin popularity just in time this month,” he said.

The analyst also pointed to the fact that altcoins are in oversupply. Mahmudov added: “Considering the maximum issuance of each new token, the number of altcoins and the total market capitalization are growing.”
When comparing the current market cycle to 2017, analysts pointed out that the market size was much smaller at that time, which means that less capital was required to achieve significant returns. In addition, it was much more difficult to create new tokens at that time.

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#山寨现货布局如何布局 #山寨币

Notable Token Unlock Schedules for June 💥
• June is a big month for token unlocks in the crypto world, with major projects such as Arbitrum, Aptos, APE, OP expected to unlock over $650 million worth of tokens. Aptos will unlock an additional 2.59% of the circulating supply on June 12, equivalent to 11.31 million tokens, currently worth about $100 million. ImmutableX will unlock 1.72% of the circulating supply on June 13, equivalent to 25.5 million tokens (about $55 million).
• StarkNet will unlock 64 million tokens on June 15, equivalent to 5.6 million total circulating supply, worth about $75 million. Arbitrum will unlock 3.2% of the circulating supply on June 16, equivalent to 92.6 million tokens, currently worth about $103 million. Space Protocol will unlock an additional 18.3% of the circulating supply on June 22, equivalent to 78.5 million tokens, currently worth about $56 million.
• Optimism will unlock 31.3 million tokens on June 30, worth about $77 million, representing 2.9% of Optimism's circulating supply. Other notable tokens unlocked in June include ApeCoin (15.6 million tokens), Pixels (7% of circulating supply), AltLayer (105 million tokens), and Echelon Prime (1.7 million tokens).

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#APE #BTC

Guilty verdict helps Donald Trump's campaign receive $34.8 million in donations in less than seven hours!

Trump's campaign received $34.8 million in contributions from donors in less than seven hours after a New York jury convicted Donald Trump in his hush money criminal trial, nearly doubling its single-day fundraising record, the campaign said Friday.
Nearly 30% of those donors were new users of Trump's WinRed donation website, senior campaign advisers Chris LaCivita and Susie Wiles said.
The advisers reiterated Trump's post-trial vow that the "real decision" will come on Election Day, Nov. 5, when he faces President Joe Biden in a battle that recreates the 2020 election.

Trump's criminal sentencing is scheduled for July 11 in Manhattan Supreme Court, days before he is formally nominated as the Republican presidential nominee.
He is the first former U.S. president and the first major party nominee to be convicted.
Trump's campaign said the latest fundraising data only includes donations sent during Thursday's ruling.
This huge amount of money came less than two weeks after Trump announced that his monthly fundraising in 2024 exceeded that of Democratic candidate Biden for the first time.
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