What should new players and experienced players do if they always lose money in the cryptocurrency circle?
Actually, I didn't want to write this article. If my analysis is wrong, I will admit it. If it's not wrong, I don't understand why you are scolding me. Are you trying to make yourself known or are you deliberately attracting negative comments? If you can't accept my way of doing things, just ignore me and block me. After that, I will admit it. If you come here to attract negative comments for no reason, I will ignore you. Just block you. When placing an order or waiting for the right side pattern to do it, it must be the most stable operation method, combining the left and right sides, but some brothers or some old leeks brothers who have been in the circle for a long time have been losing money, or have been operating randomly and can't understand the market trend. I thought about it for a long time and taught you some practical things that can really make money. It is better to teach a man to fish than to give him a fish!
$BTC Hello everyone, I am the spirit of poetry. Yesterday I provided a point which is my replenishment point, and also an entry point for brothers who do not have long positions, at the large coin position of 66750, which reached a minimum of 66810, very narrowly missing it, but some brothers entered and made three thousand points. I still believe that the probability of Trump being elected is high. If Trump is elected, it will be positive for cryptocurrencies, gold, silver, chips, high-tech industry stocks, etc., this is the Trump trade. Furthermore, there is a high probability that the Federal Reserve will cut interest rates by 25 basis points, which will also be positive for cryptocurrencies, positive for gold, and positive for the global financial market. If Harris is elected, there will definitely be strong selling pressure in the short term, and the price of the large coin will also be hindered and drop. If Trump is elected, the token that will rise the most will definitely be the Dogecoin; if he loses, the token that will drop the most will also be the Dogecoin. Technical analysis: Just now, there was a brief spike breaking through 70000 on the four-hour chart, reaching a maximum of 70300. Looking at the daily chart, 66810 might be the lowest point, and the subsequent extension of the fifth wave in the five-wave structure (the highest point wave) might appear along with subsequent favorable factors such as the election and interest rate cuts, so I have always been bullish on the large coin and consider myself part of the Trump trade. Since I didn’t replenish my position yesterday, there is no need to do so anymore; continue to hold half of your usual position in long trades. If Trump is elected, along with favorable expectations, the daily wave structure of the large coin could see new highs at 74000. Brothers betting on Doge must pay attention to risk control!
$BTC About the Election: Personally, I believe that Trump's chances of being elected are high. The reasons are as follows: 1. Recently, you must have seen various news about how Harris has been leading in early voting and polling data ahead of Trump, and how stocks of companies under Trump's name have been declining. However, from past data, Trump's early vote counts have always been quite poor, or the polling data has not been satisfactory. This year, 2024, happens to be the best year for Trump's polling data and early voting. 2. Trump belongs to the Republican camp, and early voters only account for about 37% of the Republican population, while the elite class represented by the Democratic party accounts for about 70%. This means that the current presented data is in a situation where Harris has 7 and Trump has 3, while the real key event lies in the on-site voting situation of Republican members on the election day, November 6, Beijing time. Personally, I lean towards Trump having a greater chance of winning, of course, everything will depend on the actual results. Trump's election would be positive for the cryptocurrency market, gold, US stocks, and the A-share chip sector. The underlying logic is that Trump's economic policy involves drastically lowering interest rates and increasing tariffs. Harris's election would be a short-term negative for the cryptocurrency market, as too many people are betting on Trump's victory, and a large amount of gold and cryptocurrency bulls would be suppressed, leading to high risk-averse sentiment and thus creating selling pressure. The long-term outlook for Bitcoin is bullish, breaking new highs. Technical Analysis: The extension of the fourth wave in the five-wave structure on the daily chart has already touched the first wave in the extension of the five-wave structure, and the pattern is still in place, with a final upward extension of the last wave expected, which will be a new high. From the four-hour level, the bottom MACD bearish bars have noticeably shortened, and it has reached the critical point where MACD bearish bars could turn into bullish bars, indicating that bullish sentiment is still present. The best entry point in the four-hour timeframe is at 66750. I personally have a long position at 69700, and I will add to my position at 66750, targeting a new high. The lifeline for the long position is 65222. That's all for now, I have to go see a doctor, don’t worry!
$BTC Flatbread Place an order for half of the usual position of 67200, for example, if you are using a 100x leverage at 10% of your position, then for this order you would use 100x at 5%. Place a long order at 67200, stop loss at 65222. If you think half of the usual position is still a bit large, you can use one-third of the usual position.
$BTC The strategy for Bitcoin yesterday was to enter a long position at 70600 and add to the position at 69000, aiming for a historical new high. We will proceed according to the wave pattern, and today we have started to see profits. Opportunities must be given to those who dare to try. The SOL167 that was mentioned in the live broadcast yesterday is also starting to yield profits today. Don't let short-term market movements affect your mindset and operations. Both of these positions can be adjusted to breakeven now, and later if we reach 67300, we can re-enter. I believe that Bitcoin's monthly chart will definitely show a historical new high this month, in December, or next January. It's uncertain where the peak of the bull market is; a bull market does not indicate a peak. However, when a new high appears, we need to shift our mindset to a bearish perspective, everyone.
$BTC The market situation of Bitcoin on the four-hour level: 1. First scenario: The four-hour Bitcoin has begun a fourth wave correction, and the correction may be complete. If it is complete, the bottom of the fourth wave is 71444. If it does not break below 71444, it will go up to find a higher point than 73660. Therefore, there is technical support for going long here, which allows for speculation. 2. Second scenario: The fourth wave of Bitcoin on the four-hour level may begin to extend. If it extends, it will follow the white dashed line in the chart, which will pull back to the range of 70600-70500. If it pulls back to this range, it may also become the endpoint of the fourth wave, and it can provide you an opportunity to enter your long position. So I personally have two approaches: 1. Either I wait for a bullish candle at 12 o'clock, enter long at the current price with low leverage, set the stop loss at 71444, and take profit at 74000. 2. Or I continue to observe a bearish candle forming as it probes downwards at twelve o'clock, which may break below 71444, and then look for long entry in the range of 70600-70500. The stop loss can be adjusted flexibly downwards.
$BTC I made two wrong orders today. Sol and ETH should not have touched ETH, but ETH closed at 8 o'clock and was bearish. Bitcoin could fall, but ETH closed with a better pattern but could not fall. It was lured by the bearish wave or directly pulled up by big funds. I think it is still necessary to buy more Bitcoin when Bitcoin pulls back. This wave of pullback must also come out. Wherever it goes, 71750 was tested once this morning. If Bitcoin cannot hold up, it will touch 70600. 70600 is very close to the integer mark. After the daily line pulls back, it will also be bullish. So I think you can place an order at 70600 and place the stop loss at 69900 to prevent the integer mark from being hit. Sol is very weak today. If it falls below 172, the long order pattern behind it will also disappear. It can only be said that it guessed the bottom last year. You can place a long order at 167 to guess the bottom. Just set the stop loss at a position that you can accept. Many, many people are bearish on many coins here, such as Ethereum (sol) BTC, which has a great impact on my own theory. I happened to make a wrong order today. I'd better make some adjustments and firmly keep a bullish view on the pullback. I stick to the conclusion that the daily bull market has not yet ended.
$BTC Hello everyone, I am the Soul of Poetry. Yesterday, Bitcoin gave a limit order of 74100, with a maximum of 73660. If you didn't receive it, there's no need to hang it up. I'll say it again, don't ask me if I can receive the limit order; just hang it up. I've also given you the stop loss. It's pointless for you to worry all day about whether you can receive it. Now, let's talk about Bitcoin's market: 1. First, look at the four-hour chart in Image 1: We are still in the third wave, and there's a possibility that after noon today, a bearish candle will close. The fourth wave at the four-hour level is about to appear, but it shouldn't be large. The first key position to watch is around 71750. If it holds and closes with a pin bar or meets support at this position and closes with a bullish candle, then it's time for you to enter long. The second position is 70600, which is also a bullish layout point. If you notice that the first position has been smoothly broken without closing with a bullish candle or that the support at the first position of 71750 did not hold, immediately pay attention to the second position at 70600. If 70600 holds and closes with a bullish candle or a hammer candle, that is also your entry point for longs. 2. Now let's talk about Image 2. There's no need to say much about the bullish side; look at the white trend line at the five-wave position on the chart. This white trend line represents the movement of the extended wave. We are currently only in the third wave of the five-wave extended wave, and the fourth extended wave may start, but I just want to tell you that the daily line has not finished rising and the four-hour line has not finished rising either. Welcome all bears to test your short positions. 3. The bears may feel uncomfortable after hearing what I said and ask me why I don't enter long right now. Because no one is foolish enough to chase highs. There will be a pullback here, just as I said yesterday, there will be a downward pullback, but it's merely a pullback. Follow the Soul of Poetry, sharing insights daily for free.
$BTC The pancake assumes that tonight there will be a surge, place the following orders and go to sleep Sell order at 74100, stop loss at 75000 Make sure to set a stop loss
$BTC Hello everyone, I am Shihun. My views on the big cake can be seen in the previous posts, and I also mentioned it in the live broadcast. Yes, I am Shihun who draws the B line every day, and I like to use the wave theory to explain the market. Everyone wants to make money in the circle. The characteristic of the currency circle is that it will treat U as happy beans and money as not money, so the more you lose, the more you want to get back what you have lost. No one's money is blown by the wind. In this circle, there are deliverymen, doctors, teachers, rich second-generations, college students, and even junior high school students who traded in coins before. There are all kinds of people from all walks of life. But everyone's goal is the same, that is, to make some money and make life better. What I provide is just a point of view, or just to help you read the market, and the operations given are just suggestions. No one can give orders for a lifetime and no one can take orders for a lifetime. Since you have chosen this circle, you must have your own thinking. Others provide ideas. Under your own judgment, you can make the right decision and then operate. If you think it is wrong, just wait and see. No one is responsible for anyone. The currency circle is a world of martial arts. The first thing to do when making an order is to bring a stop loss. Stop profit is not important. Stop loss is the most important. Anti-order is not just as simple as missing the market. It requires more correct orders to make up for your previous losses. If the base of orders is large, your winning rate will only get lower and lower. This is a matter of probability. There are big guys, clowns, liars, and beggars in the square. You don't need to identify these. Others don't have to be responsible for you. You just need to be responsible for yourself. In this market, learn to lose money first, and then learn to make money. Blowing up is definitely a red line, something that is absolutely not allowed. Everyone knows the feeling of blowing up, and no one wants to experience it, but there are always people who pick up sesame seeds and forget watermelons. I said so much just because I have experienced what you are experiencing now. I have experienced it before. I exploded up to 2 million in one night. It was painful, but there was no way. I am thinking from the same perspective as you when your positions were liquidated. It is really painful. Don't be a fool who resists orders anymore. The real thing is to learn something and improve yourself.
$BTC Hello everyone, I am Shihun. Before reading this post, you can look through my previous or last week's posts to see my attitude towards big cakes. You may say that I didn't make a trade and waited for the opportunity, and missed this wave of rise, but I tell you that there are still opportunities. The idea has always been to have more callbacks, and I can still have opportunities to make orders later, because the trend wave type is still bullish, so my idea will always be to do more callbacks. I have reminded you many times not to make short orders, or the previous post also told you about the five-wave expectation of the big cake daily line. Now let's talk about big cakes. 1. Figure one big cake daily line: the daily level has gone out of the five waves, there is no need to question the third wave of the extension wave of the five waves. After the three waves of the extension wave are completed, there will be an extension of the fourth wave of the correction, so the subsequent daily line will have an extension of the fifth wave of the five waves. You don't need to understand what I said, you just need to know that there is a high probability that there will be a high point later, that is, the currency will be higher than 71600, this is the daily line. 2. Figure 2: The four-hour chart of Bitcoin: At present, the four-hour level is still in the third wave, and it is an extension of the third wave. My view remains unchanged. After the third wave is extended, there is still a fourth wave. A more extreme position of 69300 can be used to take long orders, with a stop loss of 68500 and a take profit of 71600. This is a pending order. It doesn’t matter whether it is accepted or not. Later, when there is a callback, there is a naked K with a bullish market price pattern. Then there is a chance to have a long market price and eat the five waves of the four-hour, and the highest point of the five waves of the Bitcoin daily line. Yesterday, I said that I would wait for the callback to go long, so why not go short? In the three waves, you cannot judge when the three waves will rise and fall. Why take the risk to go short in the market that has not risen, instead of taking advantage of the callback to eat the increase of the five waves? I can’t remind myself anymore, and I can only do my own personal sharing. If you think it is helpful, then you can think according to the idea or learn from my opinions.
$BTC There is now an expectation for a pullback, consistent with what I discussed during the live broadcast, and there exists a fourth wave pullback. So where is the position for the fourth wave pullback approximately? 67888 has a lot of buy orders, stop loss at 67000, take profit at 69500-70000. What if I don't receive a call tonight? I'll check the post in the morning to see if there is a pattern and place a market order.