Cryptocurrency trading is a marathon, so don’t rush for quick success. Don’t be afraid of short-term fluctuations, if you are in the right direction, you will regain what you lost. Grasp the opportunity to enter the market, keep up with the market pulse, and improve your winning rate. Investing is a journey of growth, learning while doing, and both gains and losses are valuable experience. A deep understanding of risks and a calm mind are the key to steady progress and the path to becoming a mature investor.
September has historically been a tricky month for #Bitcoin, with average returns down -4.78% since 2013. 🍂💸 This trend could paint September as a month where crypto investors need to be cautious.
However, don’t let this dampen your morale! Here’s why:
° Post-September surge: Historically, October and November have been #BTC’s best performing months, with average returns of 23% and 47%, respectively. 📈🚀 ° Buying opportunity: If September does see a dip, it will likely be the best time to buy $BTC. Think of it as a discount ahead of the holiday surge. ° Market sentiment: While past performance does not guarantee an accurate prediction, the crypto community often anticipates and prepares for these seasonal shifts, potentially turning dips into buying sprees.
If you want to short, you have to wait for the second highest point. It is difficult to evaluate this position. Wait for a wave of pullback to see the strength before deciding the strength. Now it is 50-50.
Recently, China's broad money M2 has shocked the world by breaking through the 300 trillion yuan mark. This figure has instantly become the focus of the world. Especially in a simple comparison with the US money supply, it seems to indicate the huge scale of China's money supply, and even triggers the fantasy of "superior purchasing power". However, this intuitive comparison of numbers actually ignores the deep logic of China and the United States' monetary statistics and the fundamental differences in the financial ecology of the two countries.
1 Watch more and do less, and make a decisive move when you see the opportunity
2 Learn more about the K-line knowledge system. The food and grass must be prepared before the troops move! You can't win the battle without preparation
3 Pay attention to risk control. Risk control always comes first when the currency circle rises and falls!
4 Always believe in yourself. Why should the big guys outside lead you if they can make money themselves?
As for Ethereum, although the daily line rose to around 2800 this morning, in terms of technical indicators, the daily MA30 moving average did not break through and stand above it. It is still consistent with the analysis of the previous two days. As long as the price continues to be suppressed by this line, the probability of short-term long and short operations is more inclined to short. This line of suppression is currently adjusted to 2750-70. In terms of operation, follow the big cake to short and bearish. Ethereum: short light position at the current price of 2740, increase short position at 2760, target 2700, break down to around 2680-50, the profit of the empty space order does not need to be too large, and the stop loss can be placed at 2800.
Who are the big names in the cryptocurrency circle? Tony, BitKing, and Jiushen are undoubtedly the best among them! Lao Chen also admires them very much! They all started from scratch, and they made millions of profits from rolling positions with small positions! Now there is a project CARV, which can allow us to get the principal! The average amount per person is tens of U. Are you sure you don’t want to take a look! CARV and Binance Web3 Wallet jointly launched an airdrop event, and everyone has a share. Here is an introduction to CARV: 1. Introduction to CARV Protocol CARV is a decentralized data protocol that is committed to returning the ownership and control of data to users. By using the CARV protocol, users can safely store, manage and share their data. This model not only guarantees data privacy, but also allows users to fully control the circulation and use of data. 2. The value that CARV brings to users On the CARV platform, users can gain benefits by sharing data. Unlike the traditional data trading model, CARV allows users to choose partners and obtain economic returns when sharing data with third parties. All transactions are transparent and open, ensuring that users can directly benefit from their own data and are no longer exploited by intermediaries.
1. If you buy 10,000 U when the price of a certain coin is 10U, and then buy another 10,000 U when it drops to 5U, then the cost at this time is 6.67U, not 7.5U as you imagined
2. If you have 100,000 U and leave the market when you make 1% every day, based on 250 trading days per year, your assets will reach 1.3232 million in a year, and you will make 10 million in two years.
3. If the probability of investment success is 60%, and you invest 100 times in a row, and set the stop profit and stop loss positions at 10%, then the final rate of return is 300%.
4. If you enter the market with 10,000 U and make a profit of 10% every day, you can reach 1 million U on the 49th day, 10 million U on the 73rd day, and more than 100 million U on the 97th day.
Of course, if the above is to be achieved in practice, basically few people can do it. The fundamental reason is that people find it difficult to control their inner greed.
BTC At present, we need to be vigilant about the daily sell position of 64700-65300, which is also the current pressure position
The short-term support below is 63000-63500. After touching 65000 in the morning, it did not fall all at once, indicating that there is a certain support strength below
There are always a few days like that every month!
ETH is weaker than BTC and has not yet broken through the 2800 high pressure level, but Bitcoin has already broken through. If Bitcoin starts to accelerate, Ethereum will definitely break through 2800 and attack 2900;
If Bitcoin reaches a peak of 69,000 or above, ETH will probably reach 2950-3000, and the cycle is probably within a week;
Where there is volatility, there is profit. Recently, there are many small-cap contracts on BiAn.
Like rare alpaca cake, you can try it. The amplitude is large and the car is not heavy. Cz is also a different way. If the market is not hot, you can only start from this place.
Dogs is very popular. The key point is that there are many web2 users linked above. Platforms are competing for users. You can also follow this kind of popular online, and you can go up after the profit plate is gone.
If this is the starting point of a new round, then not making mistakes is far more important than not missing out; I will stay away from targets that have illogical jumps and short-term eye-catching targets. They pull up the platform at the beginning of the market, but the price stagnates when the market is the most intense, completing the dumping of chips; similar scenes of creating anxiety often occur during the period of scarce liquidity, such as October 23 and February 24;
This is one of the most despicable and time-consuming trading methods, and the "patients" who hold these targets in the later stage will be brainwashed by the sunk costs. On the one hand, the market is advancing by leaps and bounds, and on the other hand, they are waiting for a rebound, but what they are greeted with is the guillotine;
Brother, have you made a commission account? If not, make one, you can save a lot, for example, the principal is 2000u, open 20 times, the order is 40,000u, buy 20u, sell 20u, a total of 40u, if there are 3 orders a day, the daily handling fee is 120u, calculated at 20%, a month after the return to you is hundreds of u, permanent and valid
Powell may keep an open mind when he speaks this week.
August jobs data, due early next month, could tip Powell toward deeper rate cuts if they disappoint like July’s.
The reason for taking gradual action is that it gives you options, but the downside is that when things change, you no longer have that luxury.
Evidence that the labor market may be too slack should prompt officials to bring forward larger rate cuts, abandoning their long-preferred gradualism, said a handful of investment banks, including JPMorgan Chase & Co. and Wells Fargo & Co., as well as former Fed economists.
The most important thing in trading - controlling the maximum drawdown
People in the cryptocurrency circle like to talk about returns, but few people talk about drawdowns. The actual importance of controlling drawdowns is far greater than the rate of return.
The maximum drawdown is not the decline in the face value of the account, but refers to the maximum decline in the net value after the book value reaches a new high. To sum it up in one sentence, it means that the returns cannot be locked in, and the account is on a roller coaster.
Especially for the drawdown that exceeds the decline of the market, it is intolerable. Following the market rhythm and optimizing the profit and loss curve to be sufficiently smooth is the real way of trading.
Important reminder!!! Major event, related to the Fed's interest rate cut!!! Market change is imminent!!! If you are browsing the square before going to bed, it is recommended not to click it, otherwise you will not be able to help but stay up all night! At 2 a.m., the Fed will release the minutes of the monetary policy meeting, which will publish the following contents:
1. Meeting overview: briefly introduce the basic information such as the time, location, participants, etc. of the meeting, as well as the main topics and discussion points of the meeting.
2. Current economic situation: analyze the current economic situation in the United States and the world, including key economic indicators such as economic growth rate, unemployment rate, and inflation level.
3. Interest rate policy: explain in detail the meeting's decision to adjust the federal funds rate (if any), including the adjustment range, reasons for adjustment, and expectations for future interest rate trends.
4. Future policy direction: explain the Fed's expectations and considerations for the future monetary policy direction, including whether it is possible to further adjust interest rates, how to balance economic growth and inflation control, etc.
Even matic is rising The alt season is coming Hold on to your altcoins Because the interest rate cut is coming The altcoins will soar to levels you can’t imagine Buy now
Polygon independent chains rely on their own security, have their own verification nodes, and have their own consensus models, such as Proof of Stake (PoS) and Delegated Proof of Stake (DPoS).
Independent chains are independent blockchains that do not use Ethereum’s consensus mechanism, so they can provide the highest level of independence and flexibility, but this does require sacrificing some security, so during use, you need to make a trade-off between flexibility and security.