$FIL $BTC Become a qualified "old farmer in the cryptocurrency circle"🧑‍🌾

Playing the cryptocurrency circle is not that complicated. The key is to cultivate your assets with the same mentality as an "old farmer". As a "cryptocurrency farmer", we must first choose the "seeds" and sow them in the right season.

The best season for the cryptocurrency circle is generally in autumn and winter, because the "seeds" on the market are cheap at this time, and few people are interested, so the risk is relatively small.

After choosing the "seeds", all we need to do is fertilize and care, and then leave the rest to time. "Patience" is an important quality to become a qualified cryptocurrency farmer, because it is useless to be anxious. A qualified "old farmer" will not do stupid things like pulling up seedlings to promote growth and destroying the fields. (Don't touch the contract, the leverage is no more than 3x.)

When the spring comes, the crops will thrive, and at this time we must pay close attention to seasonal changes. Once the hot summer comes-that is, when the market is booming and the crowds are bustling, we must sell our "crops" immediately. Don't imagine that your melons can keep growing. Even the best melons will "go bad" in the hot summer.

You must firmly believe that the market will not always be winter or summer, just as there are cycles throughout the year, and so do our financial system and monetary policy.

The second thing is to choose the right "seeds". The seeds are not about quantity, but quality. You should choose crops that are easy to germinate and have a high survival rate, and also consider those that have great growth potential but are more delicate. Only in this way can we ensure that there is food to eat during the winter in the worst case, and we can continue to "sow" next year.

$FIL $BTC
Should we frequently trade high-leverage contracts? I just want to share my own observations. First, you should know that over 90% of the revenue for cryptocurrency exchanges comes from your contract trading 🤣. Moreover, in traditional finance, there are no exchanges that both operate and offer high-leverage contracts; it’s like a player also being a referee. Strictly speaking, it falls under a violation of rules 😂

As the cryptocurrency industry becomes more compliant, these issues will eventually be corrected. So, during this round, exchanges are not putting on a show; they will cut as much as they can. 😂 (Watch out for your wallet)

$FIL $BTC Currently looking ahead to the market after November, my personal judgment is that there are three major favorable factors. For your reference 😂

First, there are currently reports from foreign media that in early November, China will launch an economic stimulus plan exceeding 10 trillion. Although the domestic situation is currently semi-restricted for the cryptocurrency sector, the result of massive liquidity will inevitably leak some into the crypto market.

Second, with the upcoming U.S. elections, Trump has a very high chance of winning. If you have been observing the swing state polls for a long time, he should win unless something unexpected happens. Although specific crypto-friendly policies won't be introduced before he officially takes office next year, it will strengthen the positive expectations for the crypto market.

Finally, there have been ongoing rumors that mainland China will soon open up Bitcoin ETFs. Although there isn't any concrete news yet, there is a saying in the stock market: 'buy the rumor, sell the news' 🤣

Well, no need to say more, the big one is coming! How much do you see in this round? $FIL

$FIL is not calculated. I was shocked when I calculated it. 😓Inflation is too serious. It is estimated that it will be difficult to improve before the halving in October 2026. If there is a bull market later, the increase is likely to lag far behind other mainstream currencies. I have also reduced my position appropriately. I want to accumulate more U first and then hoard in the next cycle.

$FIL $BTC Do you like to read books? I recently saw a study on quantum physics, which said that the universe can be predicted at the macro level, but it is unpredictable and full of uncertainty at the micro level.

I think this is actually related to our investment and currency circle. At the macro level, we can roughly predict the general direction of mainstream currencies such as Bitcoin and Ethereum through mathematical models and financial cycles, but at the micro level, the short-term rise and fall and the direction of small currencies are full of "uncertainty".

Based on this point, short-term betting on rise and fall is actually full of "uncertainty." Second, no matter what, we should allocate some mainstream currencies to increase the "certainty" of the general direction of our investment portfolio

$BTC Today, my friend who works in a bank chatted with me on WeChat, saying that their bank system was down today, and a huge amount of funds poured into A-shares. He asked me to sell my coins and invest in A-shares as soon as possible, saying that the bull market has just begun. What should I do? 😂Should I listen to him?

$BTC $FIL The interest rate cut is coming soon, and I see many friends are still struggling with whether the cryptocurrency market will rise or fall. In fact, the continued monetary easing policy is definitely a good friend of financial assets, but the stock market has a mysterious formula: "2x2=5-1", that is, the result you want will not fall from the sky immediately, you can only wait patiently. As for how the short-term market will go after the interest rate cut? Hey 😑 Combined with the current market value, (I personally think it is biased towards rising) but instead of listening to other people's analysis, it is better for coin friends to prepare coins and toss 🪙 to see whether it is heads or tails to make a decision!

$FIL
The core value of the IFPS network lies in whether or not you agree with the concept of "inviolability of data privacy rights".

Judging from the arrest of the founder of Telegram, there are currently two opposing forces in the world: one force advocates full disclosure and attempts to end personal privacy rights; the other force advocates the protection of personal privacy and freedom rights.

Many people believe that the success of Bitcoin is due to a large number of "blind" investors who have pushed up its value. In fact, the real driving force behind the development of Bitcoin is those crypto believers who pursue personal privacy and freedom. Most of these believers are capable technology upstarts like Musk. In fact, as early as decades ago, many technology writers have predicted that in the face of the abuse of "full disclosure", the crypto faction that pursues personal privacy and freedom will inevitably rise.

If Bitcoin has been able to develop for a long time because it is in line with property privacy rights and transaction freedom, then FIL's distributed storage is in line with the concept of protecting personal privacy and data freedom. If you agree with this, then investing and holding FIL for a long time is expected to achieve ultimate success in this trend.

$FIL What is the reason for those friends who still insist on buying or holding FIL? I am very curious 😯 Vote!

$FIL I reduced my position in fil during this round of plunge because some of my positions were leveraged. But I didn’t reduce my spot position at all and even bought a little.
I think if you want to invest in fil now, you must have a big picture and be prepared to hold it for more than 5 years, or you can make a little money by playing the market, otherwise the suffering in the future will make many people lose patience and collapse.

#85 How do the coin friends who are still alive after the big crash view the market outlook? $BTC $FIL

$FIL $BTC Filcoin is expected to rise to 1000USDT in the long term! You can't imagine the "data explosion". Lack of imagination will be your biggest "enemy" in cryptocurrency investment!
The most important thing in evaluating cryptocurrency projects is not to see how imperfect the current fundamentals are, but to see how much potential there is in future demand, so as to evaluate how much potential a project has for growth!

$FIL "Data = Value = Wealth" Data storage is the real estate industry in the AI ​​era

Recently, Wuhan's Carrot Run has promoted autonomous driving technology on a large scale. This progress threatens the livelihoods of many taxi drivers and has attracted widespread attention from all walks of life. This also makes many people suddenly realize that the AI ​​era has quietly come to us from the stage where they were only heard but not seen in the past.

If the AI ​​era will subvert the existing production relations, it will inevitably have a profound impact on the current economic model. Before this, human and land resources were indispensable elements in economic development, and the real estate industry was regarded as an important wealth storage tool. However, in the AI ​​era, the demand for these two will inevitably shrink significantly, and will be replaced by a strong demand for computing power and data. In the future, companies or organizations that have mastered computing power and more data will become the undisputed overlords.

In the future, the concept of "data = value = wealth" will become more and more apparent, and the medium for data storage will also become an indispensable link in production. It can be regarded as the "real estate industry of the new era" because it preserves "big data" as an important means of production.

I don’t know whether the IPFS network represented by Filcoin can get a share of the huge wave of the future, but I am sure that Fil is standing on the crest of the times, and I will follow it to ride the wind and waves, no matter what the outcome.

$FIL $BTC The market has recovered a lot today, but don’t be too optimistic. It is very likely that there is still a lack of extreme panic before the real reversal!

Why? I have observed the mid-term retracement stage of the previous rounds of bull markets. Almost every time, it is necessary to reach an "extreme panic state", that is, many people sell a large number of chips, before the real reversal will start.

Yesterday, many people opened leveraged contracts to go long. This group of people is likely to be forced to sell during the next big crash, so that the market reaches an extreme panic state, and the market may really reverse!

$FIL $BTC Comrades! We are about to enter the third stage of the bull market cycle, but there may be another big crash before that. Now, be firm in your faith and invest regularly. If you don’t know the bull market syllogism, you can read my previous article!

Fund allocation is the first step to becoming rich.

I have been in the currency circle for many years and have experienced many ups and downs. However, my wealth has never increased significantly, or even decreased. Many people are confused about this, why are they always hovering at the original point? 🤔How to solve this problem?

Proper allocation of funds is an important first step. In the traditional investment community, stocks and bonds are generally divided into two parts. The ratio of fund holdings is roughly 6:4, and is adjusted according to the rise and fall of the market. If you persist, you can often achieve quite good returns.

In the currency circle, we can also refer to similar practices. Divide the currency and USDT held into two parts, and the ratio can be set to 6:4 or 7:3 according to investment preferences. When the currency price skyrockets📈, sell the currency in your hand and exchange it for USDT for financial management; when the currency price plummets, redeem the USDT in financial management and purchase the currency, always keeping the ratio of the two parts at around 6:4 . After long-term persistence, you will find that your wealth gradually increases and your mentality becomes more and more stable.

Don't be reluctant to sell when the currency price skyrockets, because at this time, the financial return rate of USDT can often reach an annualized rate of about 10%, which is also a considerable income in the traditional financial world. To achieve steady wealth growth in the currency circle, you must have your own principles, otherwise haste will make waste.

$BTC Now many people think that institutions are still buying, so the price cannot fall sharply. In fact, this view is seriously wrong.

I would like to ask all ETF institutions, did they know that Bitcoin would be approved at the beginning of this year later than you retail investors? Obviously not!

Wall Street bigwigs have been ambushing Bitcoin long before the ETF was approved. After it was approved, they took advantage of the trend and used customers' funds to buy a large amount of Bitcoin they bought in the early stage. After the shipment was completed, they dropped sharply and bought a large number of chips at a low price after the market collapsed.

How much money did the institutions make in this round trip? And no matter how Bitcoin falls, customers still have to pay them management fees. Do you think they won't do such a good thing? Think about it yourself, is there such a possibility!

$BTC My uncle-in-law on Wall Street sent me a WeChat message saying that this round of decline 📉 must wash out most of the retail investors in the market before it can reverse. It is said that the big guys look at the data analysis every day, and will only consider pulling the market when more than 80% of the leeks are out. What should the coin friends do? 😭