Lao Jiucai, who has experienced various storms in the currency circle, shared seven points:

First, understand the technology. This is very important, you have to know what you are investing in. Just mess around if you don’t understand anything, and luck will come to you once or twice.

Second, pay attention to market trends. For example, where the market hot spots are, there is hot money.

Third, diversify your investment portfolio, but don’t be sentimental. Don't make it too complicated, too much, or you won't even know who you want to break up with.

Fourth, buy in batches and sell in batches, one batch at a time, and do it steadily. Don't always think about buying at the lowest point and selling at the highest point.

Fifth, stay patient. This is very important. Cheetahs spend 95% of their time waiting, and they only prepare to attack.

Sixth, don’t panic. The market is like a roller coaster. Don't panic when it goes down, and don't get too excited when it goes up.

Seventh, remember this is just a deal. Don't be too proud if you make a profit, and don't be too sad if you lose. Life has to go on, right? #BTC #ETH

Some people say that Bitcoin may fall to 30000-32000
The probability is very low (unless there is a black swan event like the epidemic)
There were several small black swan events in 2023, and there was no more than 30% retracement throughout the year
1. Are you metaphysical or dialectical materialist?
2. The size of the cake has become larger, the acceptance has become higher, and the reference indicators are changing (changing with the times)
For example, the increase in the bull market of the big cake is smaller than the previous round
3. The trend is upward, not waiting for a fall, but waiting for a rise #BTC #ETH

Is BTC numb if you go long during the day and short at night?
Fixed diving show every night🤣🤣🤣#BTC #ETH

Which trend are you willing to believe in BTC?
In fact, both trends are not important.
The results are all 20w US dollars #BTC #ETH/USDT

Is the etf passing or failing? Is it the copycat that will be most injured in the short term?
BTC is booming, while most copycats are making small moves or not pulling at all.
BTC is trading sideways, and most of the altcoins are falling.
BTC fell slightly, and most of the altcoins plummeted. #BTC #etf #ETH/USDT

Bitcoin’s market share has returned to more than 50% for two reasons
Recently, Bitcoin’s market share has returned to more than 50%, which is higher than before. Market funds are obviously flowing into Bitcoin.
1. If the Bitcoin spot ETF passes this Wednesday, BTC will be the first to take off.
2. If the Bitcoin spot ETF fails to be approved, BTC may fall back, and the counterfeit products will fall even more. Generally, BTC will fall by 1%, ETH will fall by 2%+, and the counterfeit products will fall by 3%+.
#BTC #etf #ETH/USDT

Why do others make money as soon as they buy it, but you get trapped as soon as you buy it?
For small retail investors, be sure not to deleverage and contract. You cannot bear any market fluctuations and your operations must not be wrong even once, otherwise it will be difficult to turn around in this market. For large investors, at least don't go short, and don't use your wealth or life to increase leverage. Those successful entrepreneurs who go bankrupt or go to jail are all because of the explosion of leverage.
If there is no shortage of funds in life, or you have a stable and considerable income, but your emotional management is poor, it is best to leave this market after reasonable allocation. #BTC #ETH/USDT

Regarding the short-term market situation of BTC, you need to pay attention to the following two points:

1. Technical level of 40,000 long-short dividing line

2. Whether the spot ETF in the recent news has passed
#BTC #ETH #etf

If BTC is unstable at 4.4w, is it bearish to 3.6w-3.8w?
At present, the small to large level is turning into a large one. I think the bulls are not optimistic🤔#BTC #ETH

This structure of BTC is called a guillotine. Does it make the car lighter and pave the way for the rise?
In the wave of fake news last night, the market fell by more than 5,000 points. We call this structure a guillotine, which messes with high leverage and following the trend. How can an ETF be approved if it does not fall? #BTC #etf #ETH

7 major events that will happen in the currency circle in 2024, hurry up and collect them
1. Spot Bitcoin ETF passed 100%
2. The world’s first Bitcoin bond, the issuance of El Salvador Volcano Treasury Bonds
3. Bitcoin’s fourth halving
4. Ethereum Cancun upgrade
5. The U.S. presidential election is based on whether to support Bitcoin to canvass votes.
6. The Federal Reserve will cut interest rates in the second half of the year
7. The Bitcoin ecosystem is booming, and more new applications are on the horizon.
In short, the bull market is about to begin, and BTC will at least rise to more than 100,000 this year#BTC #ETH

Look at the picture, this is why you can’t hold on to the long term
Although what you think and what actually happens are the same in the end, the process is very challenging. Many people think that the bull market should not continue to pull forward? It must keep rising, not falling at all! Is it really unreal? #BTC #ETH

In a bull market, should I buy or sell altcoins based on the performance of Bitcoin?

Answer: I can’t see it, I can’t see it!

Think about it, it takes 200 days for Bitcoin to increase by 100%; but it only takes 1 minute of 200 days for altcoins to increase by 100%.

One minute, one minute! How lucky you are to be able to seize this 1 minute during the countless Bitcoin corrections and shocks in 200 days!

Of course, we will definitely wait for a big retracement of Bitcoin after the big rise. This is not a problem in the bull market! #BTC #ETH

The rolling pie passed away, and the ether swept away all the heroes.

Right and wrong, success or failure turn around in vain.

The bull market is still there, and the sunset is red several times.

The white-haired fisherman and woodcutter on the Nagisa River is used to watching the autumn moon and spring breeze.

Happy reunion over a pot of wine.

Many things in the currency circle are all discussed with laughter. #BTC #ETH

BTC is currently moving within an ascending triangle
if it bounces from here
May hit resistance near 44000 again #BTC #ETH

Everyone has their own trading strategy and style:

It’s okay to buy at low cost;
It’s okay to keep rushing to the right in the short term;
As long as you follow through, you'll be fine.

for me,
Wait for a definite opportunity, seize it and work hard.
In the medium and long term, if you judge that the profit-loss ratio is not high, leave and wait for the next time.
Never diversify your investment, just do it for 1-3 coins.

It may not be suitable for everyone, especially those who are the source of profit in the currency circle. #BTC #ETH

Bitcoin bull and bear cycle rules, the market is mainly divided into two factions
One school of thought believes that Bitcoin is halved every four years and a bull market begins every four years.
The other school believes that Bitcoin will usher in a bear market every three years. It will be bearish for one year and rise for three years, as shown in the candle chart.
2011-2013: up; 2014: down
2015-2017: up; 2018: down
2019-2021: up; 2022: down
2023-2025: up; 2026: down
Which faction do you belong to? #BTC #ETH

Will pie history repeat itself, or will this year break the curse and go all the way up? #BTC #ETH

Are you surrounded by people who are short-sellers, and when you post orders, they are all about going long and making a profit?
#BTC #ETH