Minus thirteen degrees, a preacher of spot investment in the cryptocurrency circle, updates high-quality original articles daily in the square. Thank you for following, every fan who follows Thirteen can receive Thirteen's new book 'Mastering Cryptocurrency'.
Previously led fans to lay out Bitcoin starting from 15000, 40 for SOL, 1700 for Ethereum, as well as BNB/TON/UNI/LINK/POL... Encouraged everyone to continue holding Bitcoin and other valuable coins during the most confused and difficult times. Does not recommend everyone to go all in on contracts, only suggests trying with 10% of the position. Does not recommend investing in first-tier coins, does not recommend heavily investing in meme coins.
You may miss many surging markets, but as long as you follow Thirteen, you will survive, and now the profits have multiplied many times. Thirteen's painful lessons bought with money remind oneself that there is an invisible hand manipulating the market behind the cryptocurrency circle, most people will lose money, and only a very few will make money.
Is it really hard to make money in the cryptocurrency circle? Ethereum, it has risen. I previously recommended Ethereum multiple times in articles, and was criticized harshly, but now it has returned, hasn’t it? Dogecoin, I had already advised everyone to lay out this coin earlier, once Trump is elected, Dogecoin will surely take off. What’s heartwarming is that a few friends in the group thanked me today; you should thank yourself, you put in the effort, and it’s time for you to make money. SOL, this coin needs no more explanation, it is a key strategic coin for our community; if you don’t have it, find out why. BNB, similarly, Thirteen feels embarrassed to say it. TON, previously reminded everyone to enter around 4, and now the returns are good; if you are short-term, take profits at 5.5, long-term just hold until next year when we feast together. LINK, UNI are also expected to explode soon.
Is it hard to make money in the cryptocurrency circle? Every day, watching whether the contracts we have are making more profit than in the past few days? There’s no need to worry. This is the benefit of long-term investors and trend investors; I can earn money while lying down. But this requires a strong conviction about future trends. If Thirteen, like some friends, panicked during the downturn, leading everyone to fear and cutting losses at low points, then the current prosperity has nothing to do with us.
This is just small fry; the real bull market has not yet begun.
Thirteen once said that ADA is a dead chain, and many ADA fans criticize Thirteen, which is actually unnecessary. What are the advantages of this chain? How well is the ecosystem developed? Are there any quality innovations emerging? Also, have the vast number of people in the crypto community really used this chain? These can all be seen. Just because it can rise does not mean that its inherent value is fading. It has indeed been marginalized in the crypto space. While many well-known bloggers highly praise it, it cannot be denied that it has lost its former glory. In terms of on-chain activity, developer activity, and ecosystem development, its performance has been poor. The technical development is far behind that of leading public chains, and the only advantage may be its strong community, which indeed has a large group of loyal fans. Therefore, this rise does not mean that its value is fading. Especially now, one must not chase the high, as treading on empty ground can lead to a fall at any moment.
The market began to encounter resistance, and Bitcoin returned to the beginning of 978. If it cannot stabilize, then the altcoin season may not come. If it stabilizes, it will be Ethereum's turn next. It depends on how the dealer controls the market. If Bitcoin has a 10-point correction and Ethereum has a 15-point correction, then the altcoin will have a correction of about 30 points. The currency circle will be bloodbathed again. Many friends who opened contracts have been hit by both long and short positions in the past two days. This is the price that must be paid for pursuing high returns. We cannot predict the future. Some people may say that it will rise, and some people may say that it will continue to fall. These are all fortune-telling. As people who believe in science, we don't tell fortunes, we only make preparations and believe in ourselves. If it falls, how do we prepare? If it rises, how do we prepare? If you can do this, it is basically impossible for you to lose money in the currency circle.
Everyone must calm down. When there's a big drop, we should take the opportunity to buy low while others are not paying attention. Now that the market is rising, we should enjoy the profits. Never think that the market will keep rising without a pullback; this feeling might be the beginning of your losses. In the cryptocurrency circle, opportunities are everywhere, and patience is key. Many friends can't hold back now; they were hesitant to enter earlier, but now that the market is up, their courage has grown. Such actions in the cryptocurrency world are definitely those of inexperienced traders. This bull market has only completed a small part; there is still some distance to the highest point, and this journey won't be a straight line; there will be ups and downs, and we will definitely have more opportunities to enter. Don't be blinded by the rising market. Risks arise from the rise.
Ethereum, once criticized as a loser, what about now? When no one was paying attention, many people now leave messages asking if they can enter the market? How do I know? It has given us countless opportunities. Within 3100 may be the best entry point of this bull market. Some may worry that if the market pulls back later, it will return again; even if there is a pullback, it may only drop from 3800 to around 3500 before ending. Perhaps, Ethereum's performance has just begun.
On November 14th, let's position ourselves for BNB. The following days may be the last opportunity to enter this bull market. It's currently surging towards 700, but we need to hold on tight. It shouldn't be a problem for this bull market to reach 1000.
There is another good piece of news, Gan Gan is finally leaving. The most direct enemy of the cryptocurrency world is finally resigning on their own, and everyone in the crypto community is celebrating. However, they won't leave until January 20th next year, which gives Trump time to choose. Currently, it seems that the core members of Trump's team are almost all supporters of cryptocurrency. Based on this, in the next four years, cryptocurrency may grow to heights we can only dream of. Just like Bitcoin surged to 100,000 in a very short time, it is just as magical. The altcoin season is also slowly brewing, with Ripple and ADA continuously breaking out, already sending a signal to the market. Tai Bai said Ripple is doing well, collaborating with traditional banks, and making waves in cross-border payments. I’m not surprised it’s rising, but ADA, to be honest, this chain is almost abandoned, and many people say it’s a dead chain. Yet this consecutive breakout has slapped everyone in the face. However, everyone should not chase the highs; once the market corrects, the higher it flies, the harder it will fall. You can choose to take profits, but you cannot chase the highs; this is an iron rule of investing in the cryptocurrency world.
Some media reported that SoL ETF has made significant progress, and the US SEC authorities are processing the S-1 documents submitted by institutions. Next, we may see the submission of 19b-4 documents. Many institutions are also preparing for Sol ETF... Various signs indicate that Sol ETF may be approved. As for when, the optimistic estimate is March next year. This application is very worth looking forward to. Because Trump favors cryptocurrencies and plans to prepare a special cryptocurrency government department. Of course, this is just news and has not been confirmed. However, the actions of institutions prove everything. For us retail investors, we must hold on to the Sol in our hands and never throw it away no matter what happens. The possibility of 800 in this bull market is very high.
Bitcoin is about to reach a peak of 100,000; SOL etf has received significant positive news.
Today's article simply says that there is no status. The PMI data in November hit a new high, with the service industry PMI hitting a 32-month high. Economic activities continued to expand and the future economic outlook is optimistic. Economic optimism is definitely good for the current cryptocurrency market, but it may have a slight impact on the pace of interest rate cuts, but overall it is harmless. Next, Bitcoin may directly break through 100,000 at some point in time. The pace of Bitcoin is so fast that we hardly even have time to react before it takes off. Technical analysis has become invalid for Bitcoin. It is almost a vertical upward line. The only resistance above is 100,000. After it stabilizes completely, 120,000 may be reached around the Spring Festival.
Ripple has gone crazy, completely insane. I don't recommend you to chase high prices. Never chase high prices in the cryptocurrency circle. Even if someone says it will rise a hundred times, don't chase it. If you miss it, you miss it. Don't make mistakes. Look at those valuable coins that have not risen, such as ton, bnb...
Friends with spare money can ambush EIGEN in advance, the bottom trend is forming, and whales are entering to buy at the bottom. The future looks promising. However, everyone should pay attention to their positions and not exceed 5% of the total position.
SCRT, the chips we previously mined on Binance for free, are now directly soaring. Everyone should set their profit-taking position around 0.49. If it continues to soar, let's follow and enjoy the gains; if it pulls back, we can still secure our profits. Let's get this meat into our stomachs~
With the rise in Bitcoin prices, the Bitcoin mining business is exceptionally hot. They advertise that mining is equivalent to investing in Bitcoin with a cost of 50,000, so it's guaranteed to be profitable. But how much does a mining machine cost? The average price is around 50,000 to 60,000. According to the current daily mining earnings of approximately 65, and with a daily management fee of 5 for the mining machine, and 0.36 per kilowatt-hour for electricity, even if we consider a pure daily profit of 60. Everyone can calculate how many years it will take to recoup the money spent on the mining machine? Moreover, the upgrade cycles for mining machines are particularly fast, with a typical lifespan of about 3 to 4 years. When you calculate it, investing in mining machines really isn't necessary. Many bloggers promote Bitcoin mining as very appealing, but the various risks behind it are actually ones you need to bear. You can't see the mining machines; all you can do is pay money, and the machines are stored in overseas mines. Do they really have mining machines? Are the earnings you see on the app every day all fake? Is it a Ponzi scheme? Are they using your principal to pay you returns? When the bear market arrives in the future, and Bitcoin crashes, the mining machines face shutdown; what will you do then? Perhaps you think that this is a globally-renowned blogger who wouldn't ruin their reputation for a few mining machines. Whether this reputation matters or not depends on how big the benefits are. A mining machine costs 60,000, and if 10,000 people participate, that amounts to 600 million. This amount of capital is enough to make any blogger in the cryptocurrency circle take risks. Moreover, they can also use professional legal and operational means to cleanly sidestep their responsibilities. For instance, if a mine catches fire, or if the market is bad and the mining machines must shut down, or if the machines need to be upgraded, etc. Therefore, everyone in the cryptocurrency circle should still invest honestly, reasonably, and legally; don't overthink it. You think the mining machine is a juicy piece of meat; others may think you are the juicy piece of meat.
Some people describe us cryptocurrency investors as mice in the sewers, hidden from the light. Many friends also think this way. Some even do not wish to use their real names on exchanges, fearing it might affect their reputation or violate laws. Every time I encounter such fans, I seriously tell them that trading cryptocurrency is not illegal, and we live in the sunlight. The Shanghai High Court announced: virtual currencies have property value, and personal possession is not illegal. As long as we do not issue our own coins or engage in U trading, our investment activities are legal. However, the current domestic environment is not good; there is a small policy up top, which leads to a general mobilization below. It's like waving a whip; a gentle swing can expand the impact step by step. But one thing is certain: as long as we invest normally, we do not need to worry about breaking the law, which serves as a reassurance for those timid investors. Although investment is legal, it does not mean we can do as we please. The domestic environment is more about governance by people; many times, we are powerless. Therefore, everyone must be careful and cautious when depositing and withdrawing money, and must not get involved with dirty money, or else there will be a risk of frozen accounts. When choosing merchants, be sure to select those with a long history and large trading volume.
Ethereum has finally launched, and then it fell back. It's like Bitcoin watching its big brother soar, while remaining still, feeling a bit embarrassed, and made a symbolic move. From the flow of ETF inflows and outflows, it has been continuously flowing out for several days, and this status is expected to continue for a while. Now the entire stage belongs to Bitcoin, only after the big brother has finished showcasing can it be the turn of the second. This is the rule of the cryptocurrency world.
Therefore, it’s still the old rule, Ethereum below 3080 is not many entry opportunities, everyone can grasp it themselves. Ethereum's performance is not good mainly because L2 has diverted too much capital, plus the ecosystem has not produced impressive innovations to attract funds. However, this situation will completely change once Bitcoin finishes rising, and funds will prioritize choosing Ether. Regarding Ethereum, there have been many discordant voices in the market. Although Ethereum seems to be declining now, we must also remember what Ethereum has brought to the cryptocurrency world: smart contracts, NFTs, DeFi, decentralized storage, etc., each one can easily surpass Sol. It's just that now Sol is too hot, and the market's speculative sentiment is very high, but that doesn't mean it's that impressive. Thirteen actually has more confidence in Ethereum's performance in this round of bull market. Investment should be made when no one is paying attention, so that money can be made.
Bitcoin has completely fallen into madness. Tonight, I have been watching it, hoping to witness the historic moment of 100,000. But now it has come back, as I mentioned in a previous article, breaking through 100,000 might not be so easy; there could be a false move, and then it will retest support before breaking through 100,000. The momentum tonight is too frightening. However, it will be very difficult to break through 100,000 in one go, as this level is a strong resistance point for Bitcoin, not only a technical resistance but also a psychological resistance for investors. At this position, there are many profit-taking orders, and countless investors will start selling their Bitcoin at this moment. If we consider that we have already made 7 times profit from the bottom of this bear market to now, this bull market is actually enough. Taking profits and waiting for the next bull market is also a good choice. Today, many fans asked me whether to take profits; my advice is to sell short-term positions after breaking 100,000, while holding long-term positions. We wait, wait for 120,000, 150,000. At the current speed of Bitcoin's rise, it should be soon. However, I have turned all my Bitcoin into long-term positions. I know there will inevitably be a pullback in Bitcoin, and the market also needs a pullback, but I will not sell; I want to wait for a higher price. Today, Bitcoin's ETF inflow is 796M. BlackRock has been continuously buying, and Grayscale has also started buying. These big players are definitely not coming in to do charity. I will follow their rhythm, and the risks shouldn't be too great. Especially when BlackRock's holdings have reached 42 billion USD, short-term arbitrage is not so easy anymore. Any slight wind can shake the grass, and the entire market will receive the news immediately.
Shanghai High Court: Virtual currency has property value, and personal possession is not illegal.
Bitcoin has completely fallen into madness. Thirteen has been watching it tonight, hoping to witness the historic moment of 100,000. But now it's back; in a previous article, Thirteen said that reaching 100,000 might not be so easy; there could be a fake move, and then it will retrace to confirm support before breaking through 100,000. Tonight's atmosphere is too intimidating. However, wanting to stand at 100,000 in one go will be very difficult; this point is a strong resistance level for Bitcoin, not only technically but also psychologically for investors.
Why Are Web3 Social Networks Crucial? Analysis of Development Prospects and Potential
With the rapid development of the internet, the shortcomings of traditional social media are gradually becoming apparent: data monopoly, user privacy issues, and opaque creator earnings are emerging problems.
The birth of Web3 social networks injects new vitality into the internet against this backdrop. Compared to the centralized structure of the Web2 era, Web3 leverages blockchain technology, providing users and content creators with more autonomy and revenue opportunities through a decentralized model. In this field, Contentos's ecosystem provides an important model for Web3 social networks. It not only redefines the rules of content creation and distribution but also significantly enhances the transparency of interaction between users and creators, showcasing the infinite potential of Web3 social networks.
The biggest problem Trump faces after taking office is the debt problem. This problem is a mess left by previous governments. The country of Trump is lucky that Trump saved Trump by using the management company model. If Kamala Harris is elected, the war will continue, various expenses will continue to increase, and the debt problem will become more and more serious. Many people are worried that Trump will solve the debt problem by adding tariffs. Thirteen has read a lot of information and concluded that it may be added, but it must not be the main means. The consequences of adding tariffs are also very serious. The consequence of tariffs is that commodity prices will rise, which can only be solved by printing money and giving money to the people. A large part of the printed money will be taken away by people with resources for nothing, and the money in the hands of the people will not increase in the same proportion to buy goods. The people will have a hard time, and Trump will be in chaos. What's more serious is that inflation will also increase, the space left for interest rate cuts will shrink sharply, and the debt problem will become more serious. Therefore, tariffs are not a means for Trump to solve the debt problem. Releasing debt pressure for cryptocurrencies may be one of the ways they seek. Therefore, we must also be careful. When Trump transfers the debt risk to the cryptocurrency market, once the bear market begins, there will be bloodshed. Therefore, when the year 26 begins, it is best for us to stop profit and exit. The specific method will be announced in the circle.
Although there are risks in the short term, the long-term outlook remains bullish. Therefore, we must hold our spot positions. Musk has taken office, but it was somewhat amusing during the team recruitment process; he hopes that geniuses can work for the government for free, and the work hours are 80 hours a week. For the world's richest man, Old Ma, he has no concept of salary, believing that everyone has a great dream in their heart, but the premise of having a dream is being able to survive. As a result, he has been ridiculed by many big shots, including Coinbase's CEO Armstrong. Trump also secretly met with Armstrong, and this news has greatly increased the market's imagination, especially since during this time period, Trump is forming his cabinet and government positions. It is very likely that the government, in order to maximize its interests in the cryptocurrency field, will bring Armstrong into Trump's team. At the very least, it will get Armstrong to help recommend cryptocurrency experts. This actually represents the new government's attitude towards cryptocurrency; what Trump has previously said and promised will most likely be fulfilled one by one. Therefore, this bull market will definitely be very crazy, crazy to the point that people cannot imagine. No matter how the market fluctuates, we must hold onto our chips, especially those high-quality low-position chips.