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 Soul of Poetry. Bitcoin is currently at its historical peak, breaking new highs every day. Because the price is very high, it requires more and more capital to push up. Therefore, throughout this entire bull market phase, the most common scenario is a bull market for Bitcoin alone, while other altcoins are being drained by Bitcoin. When Bitcoin rises, other tokens fall. 1. Bitcoin will have a pin position here at 97500-97600. The specific four-hour pattern of Bitcoin is a triangular wedge, as shown in the picture below. If this area of 97600-97500 is broken, then the next pin position will be at 100400. The long positions will retest the top of the triangular wedge at 92600-93200, which are all long positions. 2. BNB is not weak; all other tokens are being drained. If contracts are executed, so be it. For spot trading, add to the position at 570, as 591 is a pin position. The next daily pin position is 570, so add to the position at 570. 3. The main position for PEPE is between 0.02-0.019, so the add position is between 0.016-0.0148. 4. The main position for WIF is between 3.3-3.5, so the add position is at 2.76, and the spot or bullish lifeline for WIF is at 2.21. If other tokens want to stretch again and not miss out, they can only lay out in spot trading. With Bitcoin continuously rising and others continuously falling, it cannot be done. If other tokens really want to stretch, we must wait for this wave of Bitcoin's rise to finish and then continue to consolidate at high positions before altcoins can rise.
$BTC The top position of meme token spot should continue to be held. Pepe and wif are the most worthwhile to hold in the bull market. Bome gives me the feeling that it is still profitable to sell as lightly as possible. Pnut still needs to wait for the wash before entering the market.
#超级MEME周期? Pepe doubled overnight, and the narrative of the squirrel token pnut increased eightfold in two days. What surprised me was that wif broke the previous historical high with a 50% increase overnight. These are no surprises. The emotional heat of meme and the cohesion of the community have risen. Here we only refer to meme, not to copycats. 1. Doge is in a consolidation period after stretching. If you really want to enter, you need to wait for a callback. And this token has a large market value, but the bull market is definitely not just the current price. This year's bull market gives me an unparalleled feeling, especially for meme. Yesterday, I gave a callback entry point. 2. Shib is not recommended. The market value is too large, and the narrative background is not as good as doge. The flaw is that it is really old. This shib is difficult to provide the wealth-creating effect and fomo emotions like these new memes now. 3. wif broke through the historical high of 4.8 overnight from 2.9-3. From the previous weakness to the current squatting and pulling, it is only November now, and the later benefits have not been fully realized. wif is a meme worth holding in the bull market. You can enter the spot and add positions at 3.5-3.3. The stop profit can be seen at 8-10. 4. pepe may see a higher new round. Pepe doubled overnight and the most important point is that its market value is much larger than wif, and it is more powerful than wif. The pepe community has always been united and steadily preached. There are too many myths about this coin making people rich. The best position for the first position is to enter the market in the range of 0.018-0.02. 5. Bome, judging from last night's performance, Bome is the worst, but this coin has its own legendary color since its debut. It was listed on Binance in three days and doubled 5-6 times. You can understand Bome as a washed-up Pnut. Bome will definitely rise, because Pepe and Wif have reached new highs, but Bome, the meme book, is still far behind, and has more room for growth. 0.01 or below 0.01 to enter your first position spot. 6. Pnut is not recommended. What I want to say is that if you didn't enter the market for Pnut the day before yesterday, then you would have missed this wave of Pnut's gains, because the new coin will be pulled up for shipment, and there will be selling pressure due to the decline, and there is also the possibility of continued growth and take-off. However, Pnut has not experienced a wash, so it has not received low-priced chips. Now those who chase it may continue to eat meat and soar, or they may be trapped by the wash. The risk is too great. 7. Floki, Bonk, Wif, Bome I classify into one category These coins are shown in the chart below, all of which have three waves at the daily level.
$BTC Hello everyone, I am Shihun. The callback of the daily abc wave of the big cake will be about 80,000-75,000. If the qbc wave is turned on, the price of the big cake will at least be adjusted to 80,000. If the callback is deeper, it will be 75,000. Because abc is a callback for the previous five rising waves, the previous week's increase of 30,000 points, the daily line has seven consecutive positives, and the callback of 10,000 points from 90,000 to 80,000 is a normal abc decline. Of course, I don't want to short this period, and I am more planning the long market after the abc wave callback. Then the big cake at the four-hour level has been going through the abc wave again, the b wave has been completed, and it is going to go to the c wave. The c wave is likely to fall below 85,000. Of course, I am not just talking about a big cake today, today I am more talking about some spot layouts. From my recommendation level, it is ranked from the bottom. 1.BNB The overall daily level of BNB is above the EMA200 daily average, which is a very recommended spot layout. As long as the overall price of BNB is above 540, you can buy the first position. The best position for buying the first position is between 570-580. If it is lower than 540, you can cover the position. 2.Doge Doge is completely a symbol of the old meme token, and compared with Shib, Doge is better. Doge is completely a category of Trump's transaction. You have to believe that this wave of rise is just a positive realization of the fomo sentiment after Trump's election. The subsequent implementation of the cryptocurrency favorable countermeasures after taking office is the most in full swing in the bull market. The best point for the first position to enter the market is between 2500-3000. 3.SOL I won't say much about the background and recommended target of Sol. This token is benchmarked against the declining Ethereum, or replaces Ethereum. The best layout point for the bull market spot is 185-180. Your first position should be in this range. 4. BTC The only problem with buying Bitcoin spot for retail investors is that the profit is not high. The reason for the low profit is that BTC has a high market value and a large volume. Retail investors cannot make money with small funds. However, for large investors or those with sufficient funds, BTC must be a panacea and the best value investment. The recommended entry point is around 80,000-78,000. Supplement: Why put BNB in the first place? BNB investment is not only about the added value of BNB to spot, but also has a lot of additional value, such as participating in Binance activities, staking mining, investment and financial management, and various other activities.
$BTC 85000 is not stable, and the daily line will start to pull back. The daily line will be around 78000-76000 after the pullback. If it is stable and continues to rise like this, then where will it go is 91700. 91700 will start to fall. 91700 is not a simple fall but a drop of about 7000-10000 points. If it continues to break through 85000, it will continue to rise at this rate and will be 91700 the day after tomorrow. At 91700, place an order to open a short position at the beginning, half of the usual position, and place the replenishment position to be determined. If it pulls back downward, it will also be a long order, around 76000-78000. Then tonight, it will be decided whether to go up to 91000 first or below 78000-76000. The market gives me the feeling that it is moving too fast and too fast. 20,000 points in 6 days, the amount of funds used to pull up the market is huge, let's take it one step at a time.
$BTC Hello everyone, I am the Poet's Soul. Today, a fan told me that I seem to have a heavy sense of negativity, perhaps because they saw me cursing at trolls too harshly. First of all, the strategy for a single order is not as simple as you all think; it requires a lot of my time to monitor the market and review past trades. The drawing of wave patterns and point calculations also need to be carefully considered. To come up with a strategy could take up my entire day, and on top of that, most of my evenings are spent answering questions and solving issues for some fans, providing psychological support. I feel that I have done well enough, or rather, it is enough. Binance Square is just a platform; you and I do not have direct intersections in life, but you follow me, you are my fan, or rather, because of you, I am the Poet's Soul. Without you, I am nothing, so I think being able to help you a little is better than nothing. However, one person's comment can deny all your efforts and original intentions, and you may get angry. So you curse me, I curse you back, and sometimes I curse even harsher. After some time, when I look back, I find what I said quite funny. If you are friendly to me, I will be friendly to you; that's how it is between people. For those brothers who received orders above 76900 yesterday, let’s continue to hold, aiming for 73000 to take profit. You see I suggested those who didn’t get in to enter at 76400 today; you can also continue to hold, with the same average price, aiming for 73000 to take profit. Then, I personally focus the most on the Bitcoin market; I don’t touch Ethereum, and later, Sol can be provided separately as a market strategy and thought process for everyone. Follow the Poet's Soul, sharing insights free of charge every day.
$BTC Hello everyone, I am the Poet Soul. Regarding yesterday's order, there were two strategies. If you followed the second strategy, you would be in profit now. Each of my strategies is based on logic, so if you think it's okay, you can try to follow it; if you don't think it's feasible, you don't have to look at it. For this wave of decline and correction, I personally need to see at least 73000, and at the very least, it should reach 74000. If you placed an order according to the first strategy and didn't get filled at 77800, that's fine. You can enter a short position at the market price of 76400 with half of your usual position size, and then add to half of your usual position at 79700, aiming for a take profit at 73000. I really have no time for idiots in the square who say things like, 'You're wasting my time and money.' Those who want to watch will always want to watch; those who don't want to, I beg you, you won't watch anyway, so your thoughts have nothing to do with me.
$BTC In wave theory, many people may have come across or just encountered a misconception that the fourth wave retracement cannot break below the high point of the first wave. Saying it this way is basically correct, but that is the original text of the Elliott Wave Theory, and it is no longer applicable in the current market. If you apply wave theory in practice, you will find that a large number of fourth wave retracements actually break below the high point of the first wave. So, the current wave theory does not have the hard rule that the fourth wave cannot break below the high point of the first wave. Yesterday's interest rate meeting, as I expected, resulted in a 25 basis point rate cut. There was a slight upward spike, but the magnitude and volatility were small. So what if you didn't catch 77800? You can still place an order for half of your usual position at 77800 and add to half of your usual position here at 79700; you can still place an order at this position without any issues. Yesterday, I categorized this entire segment of the four-hour chart as the fifth wave. This morning, it broke above 76400, so the wave pattern has changed, and this segment should be considered a new ascending eighth wave at the four-hour level. Now we are in the fifth wave extension with a fourth wave retracement, so the subsequent movement will likely see the fifth wave pushing up. The magnitude of this fifth wave will not be very large; it will pierce through 76900, which is the high point from yesterday. So now there are two options: 1. Keep placing half of your usual position at 77800 and add half of your usual position at 79700. 2. If it goes above 76900, you can open half of your usual position to short and then add half of your usual position at 79700. Set the take profit around 73000. As for the stop loss, we'll see if it hits the added position.
$BTC Hello everyone, I am Shihun. This is the first short position attempt after the long position from 69700 to 74000. The highest wave of the five rising waves of the daily line has been played, so the subsequent decline will follow the abc wave anyway. The interest rate meeting tonight is likely to cut interest rates by 25 basis points, which is bullish, but not as bullish as you think, that is, there will not be an exaggerated surge, but it will pull. There are many possibilities for the wave type at the four-hour level. It may be an extension of the five waves, or it may be an extension of the five waves in the new eight waves, but this short position needs to be tried. Go to the left to guess the top of the five waves of the daily line, which is worth a try. So the specific point 77800 is a short position, half of the usual position is enough, and then 79700 is a half of the usual position to form a complete position. In other words, 77800 is only the first position, only half of your usual position, and you can only hold it if the first position is opened a little smaller. Follow Shihun and share your views for free every day.
$BTC I am someone who runs a bar, lying flat and indulging in pleasures. The road to trading is full of ups and downs, but I have everything I should have, and what I say below may not be entirely correct, but it is definitely sincere. 1. Holding onto a losing position is definitely wrong. No matter how sufficient, correct, or flawless your reasons are, wrong is wrong. Holding on until the end leads to a complete loss; I have held onto positions and faced losses, so I understand the feelings involved. 2. Contract trading is just a transition. The only difference between contracts and gambling is that in gambling, you know you are gambling, while in contract trading, you don’t realize you are actually gambling. Contracts are just a way to transition from small capital to large capital; they are definitely not the only way. The ultimate destination of crypto trading must be spot trading, not contracts. 3. Once the arrow is shot, there is no turning back, but contracts allow for (timely stop-loss). If you clearly know it's wrong, why persist? If you clearly know it's right, why exit early? Holding onto a loss is wrong, while taking profits too early is also a mistake. Trading is not done this way; you need to hold on and implement timely stop-losses. 4. No one can always rely on luck to make money; heavy investments lead to demise. The money earned through luck will eventually be lost due to your luck running out. Trading is a zero-sum game, a clash of countless opponents, so after making money through luck, the focus should not be on how to earn more next time, but rather on how to avoid losing what was made this time. The money earned from heavy investments is not the money you currently have; it is money that you should have earned in the future, which you have earned too soon. Therefore, you will also lose it too soon. 5. No one can be single forever. Everyone enters this circle of trading with one purpose: to make my current life a little better, to gain more freedom, and to have more choices. You are trading cryptocurrencies, not the cryptocurrencies trading you. Everyone makes mistakes and everyone is correct at times. However, without your own system, you will always make more mistakes than correct decisions. Since you have chosen this path to improve your life, please take the time to learn some technical skills that are necessary in this circle; it will definitely be helpful for you. With the money lost due to your own abilities, please earn it back with your own abilities in the future!