Overnight, 2.3 billion US dollars were liquidated in 24 hours, and 150,000 people lost all their money. What happened?
From the liquidation data, we can see that altcoins account for a large proportion of liquidations, which reflects the recent high greed in the market.

In the bull market, a surge is often followed by a plunge. A foreign netizen was liquidated overnight with a 3x leverage and lost $1 million. He started to get involved in cryptocurrencies in 2017 and has nearly 8 years of experience, but he still can't resist the risks of the market. This also tells us that in the financial market, technology is important, but living long is the key.

We need to always be in awe of the market, because the market is always right. Although the plunge is heartbreaking, it is also an opportunity. A mountain altcoin can rise 10-20 times, precisely because of the panic market, the chips are washed clean, and the pull is smooth.

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If you can't hold the coins in your hand, then take a good look at this legend!
Let's review the glorious journey of SHIB:
On August 1, 2020, $1,000 was invested to start a legend in the currency circle!
At the end of August, it suffered a halving, but the price still stubbornly held at $550;
However, from the end of September to the end of the year, it once fell to the bottom, with only $1.96 left, which made people sweat!
But at the end of January 2021, it suddenly counterattacked and soared to $19,607, which was jaw-dropping!
At the end of March, it soared to $98,039, which made people excited!
And by the end of April, it soared to an astonishing $3,725,490, creating a myth in the currency circle!
At the end of May, it continued to advance by leaps and bounds, reaching an astonishing $17,254,901, which was amazing!
In the next few months, although there were fluctuations, it always remained at the level of tens of millions of dollars, showing its strong resilience and potential!
In early October, it broke out again, breaking through the $55 million mark in one fell swoop, shocking the entire cryptocurrency circle!
By the end of October, it soared to an astonishing $160 million, creating its own peak!
Although it fell back later, SHIB's legendary journey has been engraved in the history of the cryptocurrency circle!
This is SHIB, a legendary currency that rose from the trough and created countless miracles! If you can't hold the coin in your hand, take a good look at it and let it bring you endless confidence and courage!

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2024——Ambush 100x Coin
In June 2021, when the whole world was frantically chasing every tweet of Musk, he suddenly wrote on Twitter
“I’m looking for a Shiba Inu.” Everyone interpreted this as supporting Shiba Inu Coin,5 so Floki Inu was born! But unexpectedly, 3 months later, Musk posted a photo on Twitter, only to see a cute Shiba Inu sleeping soundly, with the text “Floki has arrived”.
It turns out that the Shiba Inu that Musk is talking about is not a digital currency, but a real Shiba Inu!
Musk, the master of bringing goods, can stir up waves in the market with every move. After he posted the photo of Floki Shiba Inu, the price of FLOKI (Floki Inu) soared like a rocket, and the increase in 24 hours reached an astonishing 91.4%! Another currency called Shiba Floki soared even more, with an astonishing increase of 1406.37% in 24 hours, approaching $0.000000008379!
What is even more shocking is that on September 16, after a certain exchange launched FLOKI, this digital currency was like a tinderbox that was ignited, and it went on a high all the way, and finally soared to a high of $0.000074!
This is Musk's magic, driving the entire digital currency market
It is said that it is precisely benchmarked against pepe, and whether it can rise another 10,000 times, in creating a myth in the currency circle, we will wait and see, everything is possible in the currency circle

sanh1952

If you didn't seize the cheap chips on .12, will you miss it on 4.15?
If you enter the market now to buy the bottom, your profit will exceed 90% of people
The reasons are as follows:

1: Every halving is the bottom and the starting point of the bull market
The first two rounds were like this, and this round is also like this, with bloody chips all over the place

2: Many value coins have been pried open, and the harvest has been completed in large quantities
The contract leverage has been basically cleared, basically the bottom
The technical side has basically returned to the starting point before the New Year

3: The halving bull market continues, and will break new highs again in the future
There are waterfall opportunities every year, which are hard to come by
For example, 2017.9.4, 2020.3.12, 2021.5.19
2022.11.9, 2023, 9.11 golden entry time
When encountering such a big annual opportunity, directly make a large position to get rich

sanh1952

Basic knowledge about the cryptocurrency world! (Newbies are advised to read this)

Basic knowledge about the cryptocurrency world! How much do you know?

1. About income
Suppose you have 1 million yuan, when the income reaches 100%, the assets will reach 2 million yuan. If you lose 50% next, it means that your assets will return to 1 million yuan. Obviously, it is much easier to lose 50% than to earn 100%.

2. About the rise and fall
Suppose you have 1 million yuan, and your assets reach 1.1 million yuan after a 10% increase on the first day, and then 99 million yuan after a 10% drop on the second day. On the contrary, if the first day drops 10% and the second day rises 10%, the assets are still 99 million yuan.

3. About volatility
Suppose you have 1 million yuan, earn 40% in the first year, lose 20% in the second year, earn 40% in the third year, lose 20% in the fourth year, earn 40% in the fifth year, and lose 20% in the sixth year. The remaining assets are 1.405 million yuan, and the six-year annual yield is only 5.83%, even lower than the face value interest rate of 5-year certificate treasury bonds.
4. About 1% per day
If you have 1 million yuan, if you can earn 1% every day and leave the market, then after 250 days, your assets can reach 1203.2 million yuan, and after 500 days, your assets will reach 145 million yuan.

5. About 200% per year
If you have 1 million yuan, if the return rate reaches 200% for 5 consecutive years, then your assets will reach 243 million yuan in 5 years, but this high return is difficult to sustain.

6. About 10 times in ten years
If you have 1 million yuan, and hope to reach 10 million yuan in ten years, 100 million in 20 years, and 1 billion in 30 years, then you need to achieve an annualized return rate of 25.89.

7. About covering positions
Suppose you bought 10,000 yuan of a certain currency at 10 yuan, and now it has fallen to 5 yuan. You buy 10,000 yuan again, then the cost of holding in your hand can be reduced to 6.67 yuan at this time, not 7.5 yuan as you imagined.

8. About holding costs
If you have 1 million yuan and invest in a certain currency and make a profit of 10%, when you decide to sell, you can leave chips with a market value of 100,000 yuan, then your holding cost will be zero, and then you can hold it for a long time without any pressure. If you are extremely optimistic about this currency and leave chips with a market value of 200,000 yuan, you will find that your profit will increase from 10% to 100%, but don't be complacent, because if the currency falls by 50% later, you may still lose money.
9. About asset portfolio

There are risk-free assets A (annual return of 5%) and risky assets B (returns -20%-40%). If you have 1 million yuan, you can invest 800,000 yuan in risk-free assets A and 200,000 yuan in risky assets B. Then your worst return for the whole year is zero, and the best return may be 12%. This is the prototype of CPPI technology applied to capital preservation funds.

sanh1952

Another 100% safe withdrawal method

If you are operating in the cryptocurrency circle and are worried about your account being frozen, but you cannot apply for a Hong Kong bank card, you can consider using Yiwu self-employed households to safely transfer funds. Yiwu's policy is very friendly to export business, allowing self-employed households to settle foreign exchange without restrictions, and can handle up to 10 million US dollars per year. You can quickly apply for such an account by paying a few hundred yuan to Taobao agents (at the same time, you can try to develop overseas e-commerce, even if you don't make money). It usually takes three working days to get a business license, and then you can open an account in Yiwu's Chouzhou Commercial Bank, and other cities such as Guangzhou and Shenzhen. With such an account, you can transfer funds from exchanges such as Kraken to this bank account through SWIFT wire transfer. If you are worried that the bank knows the source of funds, you can also transfer through some crypto-friendly online banks. This method allows you to exchange US dollars into RMB without restrictions. Fees to pay attention to include: The transit bank charges about US$5 to US$7 per transaction. The settlement fee is RMB 5 per US$10,000. If you don't want to buy a quota, you can consider registering an NRA account, but the requirements are high, so I won't discuss it in detail here. Chouzhou Commercial Bank's accounts also support Paypal binding, accepting personal and corporate remittances, and can handle multiple currencies. With this method, you don't need to do accounting and tax filing, just an annual review. Overall, this is a legal and unlimited way to transfer funds. Although the fee is higher than Hong Kong bank cards, it is lower than some other methods.
sanh1952

Please listen to my sincere words patiently, coin traders!

Whether you hold BTC tightly, love ETH, or are optimistic about BNB, please pause your busy trading and take a few minutes to feel my advice from the bottom of your heart.

When the halo of the coin circle allows you to achieve financial freedom, remember the following nine "don'ts", they may help you avoid many unnecessary twists and turns.

First, don't let people around you peek into the secrets of your coin trading. In this world, those who understand will naturally understand, no need to say more.

Second, don't easily expose your income. Income charts and asset charts are all triggers for jealousy and trouble, so it's better to keep a low profile.

Third, don't show off your rich life in the circle of friends. Except for close relatives, few people really hope that you live better than him. Excessive show-off will only attract unnecessary jealousy.

Fourth, when you have a huge fortune, you should also keep a proper distance from old friends. Many predecessors in the coin circle have chosen to live a low-key life after gaining financial freedom, and even gradually drifted away from their past friends.

Fifth, gambling and drugs, these two things, don't touch them! Gambling will ruin your psychology, drugs will ruin your physiology, once you are infected, the consequences are disastrous.

Sixth, don't easily call people stupid B, harmony is the most important, anger will only affect your fortune. When you meet those who consume you, just stay away from them, no need to say more.

Seventh, don't take the initiative to do good, and don't pity others easily. Everyone has his own destiny, and being yourself is the greatest contribution to the world.

Eighth, don't invest in areas you don't understand. Remember, people can never make money beyond their own cognition, and blind investment will only make you lose all your money.

Ninth, resolutely don't touch physical entrepreneurship unless you are passionate about it and don't make money as the only purpose. In the current economic environment, physical entrepreneurship is extremely risky, and if you are not careful, you may be unable to recover.

These are advices, but I sincerely hope you can listen to them. Although the currency circle is good, you must also act with caution. I hope you will be more stable and go further and further on the road of currency speculation.

sanh1952

Someone told me that Audi has fallen for two consecutive nights. You must be dumbfounded. It is not worth investing. Then, I ask you: When many copycats fell directly by -25%-30% on the first night, how much did Audi fall?

When many copycats still fell directly by 30% on the second night, how much did Audi fall?

So, it is not about whether we are hard-mouthed or not, we still have to speak with conscience. Now Audi is 45 dollars. If it falls by another 30%, I plan to take out a loan to buy it.

Reasons:

1. Track leader + experiment, if it fails, it will die;

2. Bitcoin ecosystem blessing;

3. Scarcity;

4. Support from big exchanges (BN and Coinbase);

5. Full circulation, no pre-mining;

6. The dealer's chips are not concentrated, because the amount is small, you can see the geological distribution;

7. There is a high possibility of speculation after Bitcoin halving;

8. The track is still in the exploration and development stage, with unlimited possibilities.

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Only those who have really made more than 100 million in the cryptocurrency circle understand the logic:
Please take a closer look

Step 1:

Never think about making money, as long as you can fully implement your own trading system, trading plan, and trading principles, no matter what style.

As long as you can do it, you are already the first, and you have defeated most people in the market.

Step 2:

Losing money in the cryptocurrency circle is due to multiple reasons. The bull market frequently switches between long and short positions, plays with high multiples, buys options randomly, and lives towards death. You must withdraw cash after making money, because you don’t know when the original 519 will come back.

Step 3:

Get rid of high leverage, get rid of frequent transactions, learn to withdraw part of the money you make, and never charge it back after running away. Cherish the big bull market that God has given you. Most people do not make money by their own ability, but just happen to get rich passively in this Kondratieff cycle.

Step 4:

The first principle of bottom-fishing when the bull turns back to eat grass is to buy more when the price drops sharply and buy less when the price drops slightly. However, you must control your position. No matter how deep the retracement is, you cannot let a single position be too heavy and leave yourself some room for error.

Step 5:

"Speculate on new assets, not old assets". New assets are the biggest outlet in the bull market. As long as you hit the outlet, it will be a natural process to gain wealth. So as long as the direction is right, even if you invest less money and sell it earlier, it will be very profitable.

Step 6:

"Leading" effect, you must get used to buying the "leading" project of the track, so as to develop the habit of buying the leading project. Many people turn to buy the so-called "dragon two, dragon three" because they missed the "leading", and there is also the risk of stepping on the pit. Generally, the real "leading" project has a very high ceiling, so you think you missed it. It is very likely that you are only halfway up the mountain.

Step 7:

You must know how to plan ahead and have the thinking and vision to see the hundred-fold coin. Know how to use the position of the second cake to build a hundred-fold coin.

Suggestion: Reduce the amount of holdings, do not do long-term contracts, and do not hold a heavy position in the whole position!

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Why is Li Xiaolai so successful?
You only know that Li Xiaolai was once the richest man in Bitcoin, but you don’t know that in 2011, Li Xiaolai bought 2,100 BTC at an average price of 6 US dollars, and then it fell below 1 US dollar, and his assets shrank by 97%.
You only know that Zhao Changpeng was on the Forbes rich list, but you don’t know that in 2014, he sold his house in Shanghai and went all-in on BTC, and then the plummeting made him regretful and helpless.
You only know that Zhao Dong is an OTC trading boss, but you don’t know that in 2013, he bought 2,000 BTC for 1 million yuan. When his assets exceeded 100 million yuan, he suffered a total loss of 1.5 billion yuan and a debt of 60 million yuan in 2014. He survived the collapse, and it was spring!
Now, you only know the immediate benefits, but you don’t know the future market value! In this industry:
1. There is no bottom when it falls.
2. There is no limit when it rises.
3. If you can’t bear the panic of 1 million turning into 100,000, you can’t enjoy the blessing of 1 million turning into 1 billion.
To every member of the screw factory family!!!

Follow me and click on my avatar to see my bull market strategy deployment. I will share it with my fans for free. I need fans, you need reference!

In this bull market, if you understand these important information, you can avoid most losses:

1. In a bull market, the more popular the coin (often accompanied by high control), the faster it falls;

2. Few people promote the real potential coins and bottom coins. Instead, only a small number of people occasionally shout at the bottom (such as C98 and LEVER last year);

3. The trend of the coin circle, looking at the overall situation, is always a gentle curve;

4. The methods used by the altcoin dealers to pull the market are similar, usually smashing + slowly pulling up;

5. If the new coins on the exchange are accompanied by a surge first and then a plunge, then they should not be touched;

6. It is normal for the price to fall when you buy and rise when you sell. If you can't handle this fluctuation, you should consider your mentality;

7. When you buy, it rises instead of falling, and after you make a profit of 5%-20%, it suddenly starts to pull back, which means that the coin is about to start harvesting, and you should consider selling it;

8. The most ruthless price rebound is often not the potential coin, but the leek plate;

9. In the bull market, some potential coins perform mediocre in the first half, but often start to rise several times in the second half;

10. In the bull market, if a coin can still go sideways for several months after experiencing several times of growth, it is probably a potential coin

Follow me and click on my avatar to see it. My bull market strategy deployment is shared free of charge with fans. I need fans, you need reference!

Ten years ago, a friend said to me mysteriously: "Dude, Bitcoin is a good thing, hurry up and buy it!" I glanced at him and thought to myself, isn't this just a virtual thing on the Internet?
In 2016, the buddy was like discovering a new continent: "Ethereum, this is the gold of the future!" I snorted and ignored him.
In 2019, he enthusiastically recommended me to buy SHIB, saying that this is the next outlet. I smiled and shook my head.
In 2022, he said to me mysteriously: "CCDS, this is an opportunity, don't miss it!" I just looked at him coldly and didn't say anything.
In 2023, he came again: "Brother, this time it's true, PEPE is definitely promising!" I finally couldn't help it: "You always want to make money from me!"
I am extremely smart and can see through these so-called "opportunities" at a glance. I didn't fall for it, I really didn't fall for it. But what about those friends who bought BTC and Ethereum? What kind of life are they living now?
If you feel helpless, confused, and can't see the direction in trading at the moment, you can come to my village and nod to Kanjianjie. You can be a real player.
Oh, they are so lazy now, doing nothing all day, like a bunch of waste. Driving a luxury car worth tens of millions, surrounded by beautiful women, traveling around the world, and living a luxurious life. But is this the life I want? No, it's not!
What I want is to rely on my own efforts to succeed step by step. What I want is the sense of accomplishment of having experienced wind and rain, tempered myself, and finally reached the top. Instead of being like them, getting rich overnight, but losing the goal and direction of life.
I looked at them and couldn't help sighing in my heart: Fortunately, I didn't fall for it, otherwise I would become like them, indulging in luxury and pleasure, forgetting my original intention and dream. No, I want to stick to my own way, even if it is full of thorns, I must move forward courageously

sanh1952