The bull market will return soon, and Bitcoin has finally reached 70,000. The bull market trend will eventually return to the mainstream, and those who have faith will have what they should have, and what is expected will come. . .
Why is long-term investment more successful than short-term trading?
Long-term investment is the result of significant capital fully engaging in the market, with a firm will that is difficult to change once established. Short-term trading, on the other hand, involves various types of capital frequently entering and exiting without a stable position, leading to unpredictability.
To evaluate the market participants, ultra-long-term investors are like dealing with saints; they are honest, upright, and willing to contribute.
Long-term investors are gentlemen; at least they won't deceive you.
Medium-term investors are ordinary people, who sometimes may have slight emotions.
Short-term traders are generally of lower character; they love to lie and boast, but still possess some conscience.
Day traders are like dealing with a bunch of beasts; they not only lack integrity but are also lazy, hypocritical, cunning, and ruthless.
Therefore, the most important thing for a person is to have self-awareness, to accept their ordinariness, so they can make the most beneficial judgments for themselves.
V God is seriously selling coins to dump the market.
Vitalik earned 908.77 ETH by selling Meme tokens in the past 12 hours BlockBeats news, on October 13, according to Lookonchain monitoring, in the past 12 hours, Vitalik earned a total of 908.77 ETH (US$2.24 million) by selling Meme coins received for free.
🌟Does anyone still believe in the bull market in the cryptocurrency circle? 🌟
$BTC From the daily level, the market has been fluctuating for eight months. The price is at the iron top of $63,000 and the iron bottom of $53,000. Is it calm to take the spot? Is the chip constantly worn out when doing contracts? The large-scale trend has broken the hearts of cryptocurrency friends, and they can only hope that the bull market will come soon! !
As investors await US CPI data, is the crypto market in the calm before the storm?
Since the Federal Reserve announced a rate cut on September 19, Bitcoin has experienced a large shock. Last night, the bears exerted their strength and the price fell sharply, reaching a low of 60,331. Currently, 60,000 US dollars is a key support level, and there is a temporary small correction.
The daily level fell below the EMA120 line. The K-line reached below the four-hour Vegas tunnel. At present, Laobi still believes that Bitcoin is still in a downward trend. The bears are still exerting pressure, so it is particularly important to hold the 60,000 mark. If it falls below, it may be another wave of rapid price decline.
Against the backdrop of the Fed’s rate cut, I am optimistic that Bitcoin is seriously undervalued. I personally think that tonight’s CPI data is likely to be positive, and I hope Bitcoin can hold the key psychological barrier of 60,000.
I made 5 million yesterday from stock trading. When I withdrew the money, the customer service of the brokerage firm asked me to donate some of it, but I didn’t want to. The customer service was very aggressive, and then we started arguing. The argument got more and more intense, and finally woke me up…
·Opening position rules: trial position method, one-time position opening method .Signal: Signal of trend formation or end Position: Strictly control the position and do not overweight it. Stop loss: Set a stop loss based on your psychological tolerance or based on a technical breakout. Take profit: close the position when the trend ends
The seven mantras of trend trading: light position (strictly control the position), stop loss (strictly stop loss, do not hold orders), and sleep more
GM A shares are like taking a dose of Viagra and are going up in a big way. My family, don’t rush to A shares. We must hold our ground, and the spring of the cryptocurrency world will come soon!
$$$$The impact of the Fed's rate cut on the cryptocurrency circle
The Fed announced its first rate cut since 2020 to prevent the slowdown in the labor market, and the Fed cut interest rates by 50 basis points beyond expectations.
The first rate cut in 4 years, the crypto market performed well. This rate cut has been waiting for four years, and the crypto market has risen across the board. The current price of BTC is about $63,600.
The liquidation of a large number of short positions has not only pushed up the spot price in the short term, but also strengthened the market's bullish sentiment, making the price rebound faster and stronger. This also explains why the prices of major virtual assets such as Bitcoin and Ethereum have risen rapidly after the news of the Fed's rate cut was released.
In an interest rate cut environment, a loose monetary environment is usually accompanied by a flood of liquidity, which provides a relatively favorable growth space for high-risk assets.
This rate cut by the Fed can be said to have brought new hope to the financial market, especially the crypto market. It proves the vigorous vitality of emerging assets.
Today, China's A-shares and commodity futures rose sharply, and the recent MEME market in the cryptocurrency circle is also good. If we enter the money-releasing cycle, there will be many opportunities later. The key is to have enough bullets in hand when the market comes.
Follow Laobi to learn more about the latest information analysis of the currency circle.
Even though Laobi has experienced a contract liquidation before, I always believe that the contract as a financial product itself is not a scourge. The reason for losing money lies with people. For a small number of people, it is a tool to get rich.
People have seven emotions and six desires, especially the greedy nature, which is infinitely magnified in the contract. Especially those newbies who have just entered the circle, they particularly like to do contracts, they will definitely lose money.
They don’t know how to stop profits when they make money, and don’t know how to stop losses when they lose money. They don’t know how to control their positions, and they like to go all in. Many of them even like to borrow money to go all in. Their final solutions are very tragic, and they turn into promoters and supporters of cryptocurrency scams.
🔹According to the latest market analysis and economic data, there is a high probability of a rate cut at the Fed's interest rate meeting tonight.
The market generally expects the Fed to cut interest rates, with a probability of 63% to 64% for a 50 basis point cut and a probability of 36% to 37% for a 25 basis point cut1 2 34. This expectation is mainly influenced by recent economic data, including the US Consumer Price Index (CPI) in August, which rose by 2.5% year-on-year, the lowest increase since February 2021, showing that inflationary pressure has eased23. In addition, the number of new non-farm payrolls in August was 142,000, lower than expected, showing signs of a slowdown in the labor market23.
Although the market has high expectations for a 50 basis point rate cut, some analysts believe that the Fed may choose a more cautious 25 basis point rate cut to avoid triggering market concerns about a "hard landing" of the economy23.
Therefore, tonight's Fed meeting will be a critical moment that may affect economic policies and market trends in the coming months.
Is the Fed predicted to raise interest rates by 25bps or 50bps in September?
From a fundamental perspective, the impact on the currency circle is that neither 25bps nor 50bps can provide liquidity to the circle, and PvP continues; nor can it change the position distribution of long positions.
Analysts unanimously expect a 25bps interest rate cut, but the market's call for a 50bps interest rate cut has traders still betting on 50bps.
The US core CPI in August exceeded expectations month-on-month, and housing inflation rebounded year-on-year, reminding the Fed that although inflation continues to improve, it remains sticky. If the Fed starts a series of large interest rate cuts, it will lead to loose financial conditions and a rebound in economic demand. From the perspective of the output gap, the necessary conditions for the Fed to cut interest rates may not be as strong as the market expects.
The current probability of interest rate cuts is comparable to that of 25bps and 50bps. Since 1970, there have been 11 interest rate cuts. In fact, we can divide them into two categories: preventive interest rate cuts and recessionary interest rate cuts. This time, the focus of everyone's attention is 25bp or 50bp. 25bp is more like a preventive rate cut, while 50bp is more like a recessionary rate cut.
These two numbers will determine our investment strategy. How will the price of cryptocurrencies trend? We will wait and see. #比特币 #加密货币 #区块链
$Neiro $NEIRO The most talked-about and controversial thing in the cryptocurrency circle in the past month
I remember when Neiro first became a hot topic, the first to react was the Solana chain with the fastest PVP speed. A disk with the same name immediately appeared on http://Pump.Fun, and the dispute over uppercase and lowercase letters also broke out on Solana at the beginning. The deployment time of the two Neiro chains on the ETH mainnet was even half a beat slower.
But everyone knows what happened later. Solana PvP was really serious, liquidity came and went quickly, and Neiro's popularity began to shift to the ETH mainnet, where player retention was longer-lasting.
The biggest point of controversy in the circle is whether the exchange is using conspiracy to cut retail investors' leeks. A large number of KOLs and big Vs have jumped out to accuse the exchange of inhumane practices.