For investors in DOGE (Dogecoin), here are some important tips to help you stay calm and make wise decisions in the upcoming market:
1. Don't overly focus on short-term fluctuations
The short-term ups and downs of Dogecoin can often cause anxiety, but the real upward trend usually becomes apparent when the main wave arrives, at which point daily gains may double. Therefore, be patient and don't worry too much about short-term fluctuations.
2. Hold for the long term, with a target of at least 3 months
If you decide to invest in DOGE, it's recommended to set your holding period for at least 3 months, ideally holding until around the Spring Festival in 2024. This is because the value of Dogecoin usually manifests over the long term, and short-term fluctuations won't affect its long-term trend.
3. The current adjustment phase is a turnover period
The price adjustments of DOGE over the past month or two are actually a process of market turnover. Old sellers and new buyers are exchanging hands, and this process is essential for future price increases. Understanding this can help you avoid feeling anxious or making impulsive moves during adjustments.
4. Expect a rise to $0.5 in the future, with a potential breakthrough of $1 around the Spring Festival
The current price adjustment is preparing for the next wave of increases, with DOGE expected to rise to $0.5 after the initial adjustment, and possibly break $1 around the Spring Festival in 2025, ushering in greater upward potential.
5. Institutional investors need time to enter
Unlike retail investors, institutional investors require more time to enter the market due to their large amounts of capital, often choosing to hold positions for years, with amounts calculated in billions of dollars or renminbi. Therefore, patiently waiting for institutional capital inflow will help drive prices up.
6. Patiently wait for institutional capital inflows
The entry of institutional funds is usually an important price driving force.
Bonus: Potential Meme Coin Focus In the world of Meme coins, aside from DOGE, Marvin (the Dogecoin mentioned most by Musk) may become the next potential stock.
🔥 Trump will take office next month, these coins have great potential! Don't miss the opportunity!
1. ARB (Arbitrum): Estimated price: $20.08. As Ethereum's Layer2 solution, Arbitrum plays an important role in expanding the Ethereum ecosystem by improving blockchain performance and reducing transaction fees. Its technology and ecological potential make it an important part of the future crypto space. 2. SUI (Sui): Estimated price: $30.92. As an emerging high-performance blockchain platform, Sui is considered to have a strong technical architecture and innovation potential. Its design focuses on scalability and speed, attracting widespread attention and becoming a rising star in the crypto space with huge market potential. 3. APT (Aptos): Estimated price: $14.84. As an emerging platform in the blockchain field, Aptos has attracted the attention of many investors and developers with its innovative technology. Its high performance and innovative design make it a highlight in the crypto market, and it is expected to gain a large development space in the next few years. 4. ZK (ZK-Rollups): Estimated price: $13.99. As a new type of expansion technology, ZK-Rollups has great potential to improve the scalability of Ethereum and other blockchain platforms by increasing transaction throughput, reducing latency and costs. As the technology matures, ZK-Rollups is seen as one of the key solutions for the future development of the crypto industry.
In summary, these four coins have unique technical advantages and market potential, especially in terms of blockchain scalability, transaction efficiency and innovation. According to the current development trend, they are all likely to usher in a large price increase in 2025 and become candidates for 100x coins.
Recently, I plan to ambush a potential coin that has the opportunity to explode. It is still very simple to double it, and the expected space is 10 times or more. If you want to follow up, please like + comment to know. #Marvin #Marvin7055 #美财政部称BTC“数字黄金” #BTC能站稳10W吗? #BTC能站稳10W吗? $DOGE $BOME $PEPE
🔥How should we position ourselves with altcoins? Will altcoins plummet?
Two scenarios:
The first scenario is that Bitcoin continues to attract funds, causing the altcoin market to stagnate. In this case, altcoins can only wait for Bitcoin's movements, and there won’t be much opportunity temporarily.
The second scenario is that funds flow into Ethereum, driving the price of Ether up, at which point altcoins may also follow suit. If this happens, investors can appropriately 'chase the rise'.
However, if Bitcoin experiences a pullback, the decline in altcoins is often larger, not just a simple pullback, but there may be a phenomenon of funds 'flooding out'. Therefore, in the absence of a clear direction, it is best to remain cautious and wait for clearer market signals.
As for the future market trends, many people are optimistic about the market's rise after Trump takes office in January next year, as the U.S. is viewing Bitcoin as a strategic reserve, and other countries may follow suit, which will further drive up Bitcoin's price. Additionally, publicly traded companies like Microsoft are starting to participate in Bitcoin purchases, which may sustain Bitcoin's rise.
Regarding the performance of altcoins, historically, in the 7 months following each Bitcoin halving, altcoins typically enter a rising cycle, especially during the November to December period, where the increase in altcoins is often very rapid, but also equally swift. Therefore, if one wants to seize the opportunity, early positioning is necessary.
For example, on November 2, XRP was bought near 0.5, leading to a profit of 440%; on November 21, when ENS was purchased around 17.5, it has now generated a profit of 140%. This highlights the volatility and potential of altcoins, reminding everyone to seize timely investment opportunities.
In summary, now is a time to observe and wait for more explicit signals from the market before making any moves, especially paying attention to Bitcoin's pullbacks and the flow of funds.
At the same time, I plan to position for a potential coin that has a chance of skyrocketing, doubling is quite simple, with an expected upside of 10 times or more. Those who want to join in, please like ➕ comment.
🔥The altcoin bull market has started, and December is the time to seize some mainstream tokens with huge potential; hold on for a 20-50x return!
Currently, BTC is hovering around the 100K mark, but the market has entered the first phase of the altcoin bull market. Short-term fluctuations or rises in the major market have less and less impact on altcoins, as the upward trend has already been established, and altcoins will operate independently at their own pace. Those who have experienced the two major bull markets in 2017 and 2021 know that in a bullish atmosphere, the flow of funds into altcoins is no longer so concerned with the major market fluctuations, but rather focuses more on specific opportunities in various sectors.
As the leader of altcoins, Ethereum has already recovered somewhat. Although there is some pressure in the short term (around 4100 USD), its rise still provides momentum for DeFi and other tokens in the Ethereum ecosystem. As long as Ethereum can break through 4100 USD, the next target will be a historical high. Only if it performs well can other altcoins follow suit.
For the upcoming market opportunities, focus on the following sectors: 1. AI Sector The AI narrative is heating up, and a large amount of funds are currently concentrated in AI-related projects. Especially with OpenAI's recent activities, including 12 live broadcasts in 12 days, it will undoubtedly bring more attention to the AI sector and may drive up related tokens. 2. RWA (Real World Asset) Sector With the digital transformation of the global economy, the demand for asset tokenization is continuously growing, and the growth potential of the RWA sector is immense. These projects have significant development space in the future and are worth paying attention to. 3. Meme Sector Meme tokens remain an important segment of the altcoin market, especially after the BTC bloodsucking phase ends; the meme sector may explode again. When market sentiment is high, meme tokens often become the most attractive investment opportunities. Investors need to choose projects with strong community support and continuous narrative capability.
In summary, now is a good time to position yourself in altcoins. I have carefully selected tokens expected to yield 2-3x in the short term and 5-10x in the long term; comment + like for a free share!
In the past 24 hours, more than 110 billion SHIBA INU ($SHIB ) tokens were quickly transferred between wallets. This transaction volume is staggering. Everyone is guessing whether there is a big move behind Shiba Inu. Is it that the big whales are quietly laying out and preparing to make a wave of news? Or is there a new project about to be launched in the Shiba Inu ecosystem, such as the Shiba Inu Metaverse or a new cooperation?
What is the market trend now?
As a meme token, SHIB has attracted widespread attention and has soared in popularity in the crypto circle. It is not just a network meme, but also trying to expand to real-world applications, NFTs and decentralized finance (DeFi), showing its ambition.
For investors holding SHIB, this may be the calm before the storm. Large-scale fluctuations usually indicate that the market is about to change dramatically. Everyone should be alert and be ready to respond to sudden changes at any time!
What are you going to do? Do you plan to hold SHIB for a long time, or take advantage of the volatility to make a fortune? Come to the comment section to share your views!
In addition, regarding#ENAbreaking through $1, I will take everyone to target potential altcoin projects, especially those that are expected to rise more than 10 times. If you want to make a lot of money in the bull market, remember to like and leave a message, I will take you to layout! #美财政部称BTC“数字黄金” #BTC能站稳10W吗? #山寨季怎么布局? #山寨币市场观察 #ENA突破1美元 $SHIB $DOGE $ACT
Nickname "King of the Universe Cutting," he is a legendary figure in the cryptocurrency world and even the entire internet sphere. His deeds are full of controversy, earning him the title of a "master of harvesting leeks," while also becoming the focus of public opinion due to some of his shocking actions. Here are some important events in Sun Yuchen's life:
1. Academic Underachiever Turns Around, Gains Admission to Peking University with an Essay
Sun Yuchen's high school grades were not outstanding, but he successfully gained admission to Peking University with a reduced score by winning an award for an essay, and eventually went to the United States for further studies, earning a master's degree.
2. Tron Coin Fundraising Failure, Investors Suffer Heavy Losses
Sun Yuchen conducted an ICO (Initial Coin Offering) for Tron Coin (TRX) and successfully raised 400 million RMB. However, with the market bubble bursting, he cashed out hundreds of millions of dollars at a high point, leading to a dramatic plummet in the price of Tron Coin, causing many investors to suffer heavy losses. This incident earned him the title of "harvesting leeks."
3. Stiffing Buffett, $4.56 Million Auction Failure
Sun Yuchen bid a high price of $4.56 million for a chance to have lunch with Buffett, but ultimately stiffed Old Buffett due to "kidney stones," sparking widespread controversy. This incident not only made him the focus of public opinion but also made his relationship with Buffett quite dramatic.
4. Crazy Luxurious Spending, Shopping List is Incredibly Lavish
Sun Yuchen's extravagant spending left people astounded; he once purchased a sculpture for $78 million, bought a Picasso painting for $120 million, acquired an NFT avatar for $10.5 million, and even spent $28 million on a space travel seat, but ultimately failed to go. His ostentatious spending style also sparked a lot of controversy.
5. Rotten Banana Collection, $6.24 Million for a Banana
Recently, Sun Yuchen again made headlines by purchasing an artwork dubbed the "rotten banana" for $6.24 million, further making him the focus of global attention.
Recently, I plan to ambush a potential coin with a chance to explode; doubling is fairly simple, with an expected upside of 10 times or more. Everyone who wants to join in, like ➕ comment. #Marvin #Marvin7055 #BTC能站稳10W吗? #山寨季怎么布局? #美财政部称BTC“数字黄金” $BOME $1MBABYDOGE $TURBO
1. Legality of Trading Cryptocurrency: Currently, trading cryptocurrency itself is not illegal, but be aware that bank accounts may face restrictions, especially with large transactions involved. 2. Making Money from Cryptocurrency and Property Crimes: Trading cryptocurrency through legitimate channels does not constitute a crime of unclear property sources, but trading still carries risks that must be borne by the individual. 3. Reasons for Suppressing Virtual Currency: Virtual currencies are difficult to regulate and can be exploited by criminals, which is one of the reasons various countries suppress virtual currencies. 4. Receiving Suspected Funds from Selling USD: If you receive suspected funds while selling cryptocurrency, you may face criminal liability, so ensure the source of funds is clear. 5. Selling USD at High Prices and Illegal Business Crimes: Illegal business crimes typically refer to the illegal activities of exchanges and cryptocurrency dealers; if high-priced USD sales are involved, you may be held accountable. 6. Repeated Freezing of Accounts: If an account is frozen multiple times, it may be deemed as being aware and suspected of money laundering, so avoid frequent operations. 7. Exchanges Selling USD: Be cautious when choosing exchanges; some platforms may be involved in black market transactions, leading to account freezes and other legal risks. 8. Legality of Cryptocurrency Dealers and Exchanges: If a dealer or exchange is illegal, participating investors may face legal responsibilities, so choose platforms carefully. 9. Selling USD at High Prices Over-the-Counter: Selling USD at high prices in over-the-counter transactions may involve illegal funds, so exercise extreme caution to avoid breaking the law. 10. Compliant Virtual Currency Exchanges: Try to choose compliant exchanges to ensure the platform has legal qualifications and avoid becoming a tool for illegal transactions. 11. Cash Deposits: Large cash deposits may attract the attention of regulatory authorities; it is advisable to operate through legal channels. 12. Account Receiving Millions: Exercise caution with large transfers, especially those involving cryptocurrency funds, as regulatory authorities may investigate the source of funds.
Summary: While there are opportunities to make money in the cryptocurrency space, the risks should not be ignored. To avoid legal issues, it is essential to maintain compliant operations and avoid involvement with unclear funds and illegal activities.
Recently, I plan to ambush a potential coin that has a chance of soaring, doubling is quite simple, with an expected space of 10 times or more. If anyone wants to follow along, please give a thumbs up ➕ comment. #Marvin #Marvin7055 #比特币重返10W大关 #以太坊领涨 #山寨币市场观察 $BTC $ETH $ENA
🔥The Industrial and Commercial Bank of China recently mentioned in a report that Bitcoin is regarded as "gold," while Ethereum is described as "digital oil."
Once upon a time, Bitcoin was seen as a Ponzi scheme, and regulators had repeatedly implemented policies to suppress cryptocurrency trading and mining activities. But now, this report from the Industrial and Commercial Bank of China may indicate a shift in China's attitude towards digital currency. By placing Bitcoin and Ethereum at such a high status in the report, it actually bestows upon them a certain recognition of financial value, which is undoubtedly great news for the crypto market.
If China truly begins to recognize the value of Bitcoin and Ethereum, and even considers them as part of the future financial system, it will undoubtedly bring new momentum to the global crypto market, potentially driving Bitcoin's price to higher increases. Especially for Bitcoin, if it breaks through $100,000, it may not be out of reach.
Currently, the cryptocurrency market is still in a period of fluctuation, but this news will undoubtedly inspire confidence in Bitcoin and Ethereum. If China truly accepts and supports Bitcoin, it will lay a solid foundation for the next bull market and may become a catalyst for a new round of explosive growth in the crypto market!
Bonus: Potential Meme Coin Focus As the dog mentioned most by Musk, Marvin has become a potential Meme coin stock. If market sentiment continues to rise, small funds may tentatively lay out projects like this, which could lead to unexpected surprises! #Marvin #Marvin7055 #BTC能站稳10W吗? #山寨季怎么布局? #AI板块走高 $ACT $BOME $DOGE
🔥What kind of miracle would it be if you invested $100 in Bitcoin at its inception in 2009?
In 2009, Bitcoin was just born, and at that time, the price of each Bitcoin was less than $0.0008. You unhesitatingly used $100 to purchase 125,000 Bitcoins. This decision opened up your glorious journey of wealth. • In 2010, Bitcoin's price first broke $0.08, and your small investment had appreciated to $10,000. At that time, Bitcoin began to attract people's attention; although most were still unfamiliar with it, you had quietly welcomed your returns. • In 2011, Bitcoin experienced its first major surge, breaking the $1 barrier. Your investment account instantly ballooned to $125,000, making you the "invisible rich" in your social circle. • In 2013, Bitcoin exploded globally, with prices soaring to nearly $100, and your 125,000 Bitcoins were worth $12.5 million. At this point, you had become an ideal figure for many, and your wealth began to grow exponentially. • In 2017, Bitcoin entered its historic bull market, with prices once soaring to $20,000. Your initial $100 investment had transformed into $2.5 billion! This was not just an appreciation of wealth but also a symbol of an era, enough for you to possess the wealth of a small country. • In 2021, Bitcoin reached a new high of $64,000. By this time, your investment had grown into an $8 billion wealth empire, becoming the wealth legend that countless people dream of. • In 2024, even though the price of Bitcoin slightly corrected to $67,185, your assets still firmly stood at $7.75 billion, continuing to shine with the brilliance of the digital age, becoming a symbol of digital gold.
This fantastical journey from $100 to $7.75 billion proves that Bitcoin is not only the leader of digital currency but also a myth of wealth creation. Through this visionary investment, you have stood at the pinnacle of wealth, becoming a legend of the digital era.
Recently, I plan to stake a potential coin that has a chance of skyrocketing; doubling is quite simple, with an expected upside of 10 times or more. Anyone interested in joining, please like and comment.
1. SUI breaks 4, $ENA breaks 1: Recently recommended PUFFER and a few days ago JASMY also saw a 57% increase! The season of altcoins has arrived, everyone keep it up! 2. The rise of $SUI is related to the integration with Phantom wallet: $SUI has seen good recent gains, one reason is that Phantom wallet will integrate SUI, becoming its fourth supported L1 chain, which could be a factor driving its rise. 3. PNUT hints at listing on Coinbase: PNUT may soon be listed on Coinbase, technically it is currently in a washout phase with many pullbacks, spot investments can be moderately allocated for the bottom position. 4. AI sector focuses on OpenAI's live events: OpenAI will hold 12 live events in the next 12 days, which could become a catalyst for the AI sector's launch. You can prepare in advance to welcome the rotation of the sector. 5. KOMA steadily rises: $KOMA has been listed on several small exchanges, with stable prices, and more tax-free price traps emerging, so be cautious of the risk of being trapped. 6. Pudgy Penguins launches its token: Pudgy Penguins will launch its own token, the floor price of existing NFTs has exceeded 14ETH, and it is expected that some tokens will be airdropped to other communities, which may usher in a new wave of enthusiasm in the NFT market. 7. $PROS receives new investment, $USUAL doubles in pre-market trading. 8. HSK reaches a new high: Due to Teacher Ni's tweet mentioning resignation issues, HSK had a slight pullback. However, the official response stated that resigned employees cannot unlock tokens, I decided to continue holding and look forward to new highs.
These hot projects are attracting a lot of investor attention. Everyone can choose suitable assets for layout based on their risk tolerance and investment strategy.
🔥 Choose coins with over 10x potential by following these steps:
1️⃣ Select a sector
First, choose emerging sectors rather than mature old sectors. For example, coins like BCH, FIL, etc., have already gone through a round of increase, and their future upside may be limited. In contrast, focus on emerging sectors such as RWA (Real Asset Tokenization), DePin (Decentralized Infrastructure), Meme coins, AI, and projects related to the Bitcoin ecosystem. These areas have high potential, especially leading projects are worth paying attention to.
2️⃣ Look at market capitalization
The size of the market cap determines the potential of a project. Coins with a market cap over 2 billion usually have limited upside; while coins with a market cap under 30 million carry higher risks and may face delisting risks. Therefore, projects with a market cap between 50 million and 1 billion are more suitable, as these coins have significant growth potential and are relatively stable, especially those already listed on exchanges like Binance, which have certain liquidity and credibility.
3️⃣ Position management
Position management is crucial; do not invest all your funds into a single coin. It is recommended to choose 1-2 coins in each sector, maintain around 30% of your position, and filter out 5-10 potential coins. When a bull market arrives, you might consider selling a portion to lock in profits. Reasonable position management can effectively mitigate the risk of significant losses.
Summary:
• Choose a sector: Embrace emerging sectors, prioritize leading projects, and increase your win rate. • Reasonable market cap: Choose coins with a market cap between 50 million and 1 billion, avoiding coins with excessively high or low market caps. • Position management: Avoid heavy positions, diversify investments, and control risks. Even if a meme coin goes to zero, you will only lose 30% of your total position.
With this strategy, you can increase the chances of selecting a 10x coin while effectively reducing risks.
At the same time, I plan to stealthily invest in a potential coin with a chance of explosive growth, doubling is quite simple, with expected potential of 10 times or more. Everyone should keep up with likes ➕ comments.
A few months ago, I wrote an article sharing how my mom started to dollar-cost average into Bitcoin. At that time, the reactions in the comments were as follows: • "Bitcoin is about to hit the bottom; long-term investing isn't suitable for hoarding now." (In the end, when it hit the bottom, the price went to 100,000.) • "You should dollar-cost average in a bear market and sell in a bull market." (Back then, was 50,000 considered a bear market compared to 100,000?) • "I suggest starting after six months." (It seems everyone thought it was better not to buy at 60,000 and to consider entering at 100,000.) • "Why not just hold USDT to earn interest?" (If I had deposited 50,000 for ten months, the interest would have also been quite a sum.)
These comments were all highly praised opinions. You see, if your thoughts align with most people, you are destined to be mediocre.
My mom's decision was to stick to dollar-cost averaging into Bitcoin, regardless of what the market was saying. At the time, her choice seemed risky, but the results over the past few months have shown me a different possibility. Ten months later, the price of Bitcoin has risen sharply, and my mom is delighted with the gains, completely unexpected that she would achieve such returns in this market.
From this experience, I deeply realized that many times, sticking to what you believe is the right path can exceed everyone's expectations.
Additionally, I am recently planning to position myself in a potential coin that has a chance to skyrocket; doubling is quite simple, with potential gains of ten times or more. Everyone who wants to join in, please like and comment.
100,000!! I have waited for this day for 7 years!!! 🔥The next step is 1 million!
In 2017, I entered the market with 5,800 yuan, and the price of the currency rose to 120,000 in December of that year. At that time, the big guys repeatedly told me not to touch the altcoins, and that year was when the altcoins were popular. Every night, I saw the altcoins soar by dozens of times. How could I resist not trying?
That year, my spot assets exceeded 10 million, and I felt like a cryptocurrency god. Although the quality of life has been greatly improved, I still maintain my original lifestyle-I continue to go to the gym, take others to the gym, and take seven or eight classes every day, and I will also invest the money I earn. At that time, I did a lot of "magic operations", such as using BTC and ETH to exchange altcoins. I remember that there were a lot of them at that time, and I exchanged more than once, for fear of forgetting.
Next, from 2018 to 2019, the market entered a bear market, and I also began to experience a wash (there was no market at that time and I had a baby). Then from 2020 to 2021, the market rose wildly again, and I also seized the opportunity to start a business and opened a fitness studio. After entering 2022, the market entered a period of adjustment, and my life has also changed a lot - raising children, starting a business, and traveling have kept me busy.
Looking back on these seven years, although I have encountered many people and things that disappointed me, Bitcoin has never disappointed me. Through these years of experience, I have become more mature and learned to stop losses in time and invest rationally.
I am grateful for the guidance of the big boss back then, and I am also grateful for the pits I stepped on in 2017. The income in these seven years is actually not much. I have changed positions and got on and off the bus many times, but fortunately, I was not thrown off the bus. My next goal is 1 million, and I will strive to achieve "dollar anchor".
This journey made me understand one thing: when the surge comes, looking back, the anxiety and torment at that time are really ridiculous.
Recently, I plan to ambush a potential coin that has the opportunity to explode. It is still very simple to double it, and the expected space is 10 times up.
Although Trump appointed Paul Atkins, a former SEC commissioner who supports the crypto industry, as the new SEC chairman, XRP failed to benefit and instead fell against the trend.
This phenomenon can be analyzed from several angles:
1. Market reaction and expectations:
The rise in XRP's price is mainly due to the market's expectation that Trump will support the crypto industry, especially in the context of changes in the SEC leadership. Investors were optimistic about Trump's victory and Gensler's resignation, which led to a sharp rise in XRP in the past month, soaring to nearly $3. However, when this expectation became a reality, market sentiment changed. The typical "buy rumors, sell news" effect caused XRP to have a significant pullback. The market's expectations for the future have been reflected in the price. Once this change officially occurred, investors chose to cash in their profits, causing the price of XRP to fall.
2. Uncertainty of long-term litigation:
Although Ripple has achieved some phased victories in its lawsuit against the SEC, the final outcome of the case is still full of uncertainty. Although the judge ruled that Ripple should pay $125 million to settle, Gensler's appeal still caused the case to continue to drag on. And the change in SEC leadership will not immediately resolve Ripple's litigation issues. 3. Overall adjustment of the market environment: Although Bitcoin and other cryptocurrencies have mostly risen, the entire crypto market is still in a highly volatile state. In addition, XRP's rise was mainly driven by external news rather than fundamental changes in its fundamentals. When market sentiment changes, especially after a rapid rise in prices, short-term pullbacks are normal. 4. The flow of funds and investor sentiment: From the previous 400% increase, it is possible that part of the funds were driven by short-term speculative forces. When the market fluctuated, this part of the funds quickly withdrew, causing the price of XRP to fall.
Also attached is a small easter egg: Potential Meme coin focus direction As the dog mentioned most by Musk, Marvin has become a possible Meme coin potential stock. If market sentiment continues to rise, small funds tentatively deploy such projects, and there may be unexpected surprises! #Marvin #Marvin7055 #以太坊领涨 #山寨币市场观察 #比特币反攻99K $ETH $SOL $ADA
Important‼️ Three basic rules for short-term trading in cryptocurrency
They can help you control risks and lock in profits in a volatile market: 1. Lock in profits promptly: If you buy a certain coin at a low price and its price rises by more than 10%, once it pulls back to your buying price, you should sell decisively. If you have made even more profit, such as 20% or 30%, make sure to retain at least a portion of the profit before withdrawing, to avoid profit erosion caused by market fluctuations. By doing this, even if you do not accurately identify the market peak, you can still ensure profits as much as possible during the rise. 2. Cut losses promptly: If your loss reaches a certain set value (such as 15%), you should sell decisively to stop the loss and avoid greater losses. This is to prevent further expansion of losses. It’s best to set a stop-loss point before investing and strictly adhere to it. If the price of the losing coin recovers, it also means that this trade has failed, and you must accept the loss and pay the price. 3. If the sold coin drops, buy it back at the original price: If the price of the coin drops after you sell it, and you still have confidence in it, you should quickly buy back the same amount of coins at a low price to ensure that the number of coins you hold does not decrease but rather increases your funds. Even if the price does not drop immediately after selling, when the coin price returns to its original price, you should buy it back without hesitation. Although this operation may incur transaction fees, it can help avoid missing out on subsequent significant price surges.
Summary: Short-term cryptocurrency trading requires quick decision-making, adherence to rules, and flexible adjustments based on market dynamics. Don’t get hung up on the lowest or highest prices; just seize opportunities within a reasonable range and manage risks well.
Bonus: Potential Meme Coin Focus As the dog that Musk mentions the most, Marvin has become a potential candidate for a Meme coin. If market sentiment rises further, small funds testing the waters in such projects may also yield unexpected surprises!
After entering the crypto world, I transformed from a "loser" into someone who attracts attention, surrounded by flattery and admiration. However, I do not place much value on these materialistic and vain achievements, believing they are merely external possessions that cannot be taken away in the end. The only thing I find comforting is having three wives by my side.
At the same time, here are a few tips for surviving in the crypto world: 1. Hot coins in a bull market: These coins see rapid price increases, and once the bubble bursts, they can plummet quickly, especially those with large market control, posing significant risks. 2. The tricks of altcoins: Most altcoins operate similarly, first experiencing a significant drop, then a surge, and finally continuing to "harvest" investors, so be mentally prepared. 3. Long-term market trends: In the long run, the crypto market shows an upward trend, despite large fluctuations in the short term. 4. Promising coins often get overlooked: Truly promising coins tend to remain silent at the market bottom, but once they start to rise, it is often without fanfare. 5. Beware of new coins: Newly listed coins usually come with extreme volatility, often being traps manipulated by the whales, making it easy for investors to lose money.
In summary, I remind investors to stay alert in the crypto world and avoid being misled by short-term market fluctuations and hype.
At the same time, Brother Yi recently plans to lay low on a potential coin that has the chance to skyrocket, doubling is quite simple, with an expected space of 10 times or more. Those who want to follow along, please like and comment. #puppies #以太坊领涨 #币安将上市ACX、ORCA #山寨币市场观察 #DOGE狂潮 $ETH $ETC $SUI
Currently, the market value of SHIB has reached 15 billion dollars, and the rate of token burning is rapidly increasing! If 99% of SHIB is burned, could the price leap to 1 dollar? Or would this lead to the collapse of the entire SHIB ecosystem?
Recently, the burning process of SHIB has been as fierce as a storm, with the amount burned skyrocketing by 6220% in just a few days. Originally, there were 999 trillion SHIB tokens, and now 410 trillion have been burned, leaving 541 trillion tokens in circulation.
SHIB's chief developer, Kusama, stated that while he technically supports large-scale burns, he believes that burning is not a cure-all. SHIB's ecosystem projects, such as DeFi, are also crucial. He warned that if burning happens too quickly, the price of SHIB might soar to levels that cause panic among buyers, leading to a decrease in market activity and, consequently, impacting SHIB's development. To realize maximum potential, a proper balance must be found between burning and other development measures.
Currently, SHIB's price continues to rise, and experts are optimistic about its prospects. Technical analysis indicates that as long as a certain key point is breached, the price is expected to rise to 0.000045 dollars. However, to push towards 1 dollar, the SHIB community must find the best balance between burning tokens and optimizing projects like Shibarium.
Recently, I plan to position myself for a potential coin that could explode, doubling is quite simple, with an expected upside of 10 times or more. If anyone wants to know more, feel free to ask in the comments. #Marvin #Marvin7055 #比特币重返10W大关 #币安将上市ACX、ORCA #以太坊领涨 $ACX $BTC $ETH
Unlock the secret to cashing out; making money in the crypto world is so easy! 🛡️🛡️🛡️
In the increasingly severe situation of frozen cards in the country, the cashing-out process can be full of risks! Many friends have made money, but during cashing out, they did not pay attention, leading to funds being frozen or even facing legal risks. Therefore, it is essential to be cautious when cashing out to avoid getting into trouble.
1. C2C platform trading
• Advantages: There is platform guarantee, price transparency, both parties in the transaction are protected, and there are transaction records. If a freezing situation occurs, these records can serve as evidence of legitimate transactions. • Disadvantages: C2C platforms have a wide audience, which can easily attract criminals. Randomly choosing trading partners on the platform may result in trading illegal funds, leading to bank card freezes. • Suitable for: Friends looking to cash out small amounts, it is advisable to trade with familiar merchants to ensure fund safety.
2. OTC trading
• Advantages: Flexible funds, and fixed trading partners, making it safer compared to C2C trading. If trading with long-term cooperating crypto merchants, there is almost no risk of card freezing. • Disadvantages: Prices are usually not as optimal as exchanges, and it requires trustworthy crypto merchant partners.
3. Foreign exchange channels
• Basic operation: Deposit stablecoins into fiat exchanges, then withdraw to foreign currency accounts, and finally convert back to the domestic currency through the bank. • Advantages: High fund safety; operating through legitimate foreign exchange channels does not carry the risk of card freezing; and operations are relatively free and do not rely on merchants. • Disadvantages: Requires knowledge of the foreign exchange market, and the circulation costs of fiat exchanges are relatively high, with prices possibly not being as favorable as other methods. • Suitable for: Foreign trade merchants or friends familiar with the foreign exchange market.
4. Using U cards to cash out U
• Advantages: If you can accept the service fees of U cards, it is a relatively safe and convenient option. U cards are usually consumer cards, gift cards, or payroll cards issued in cooperation with foreign banks by payment companies, supporting global ATM cash withdrawals, card payments, and more.
Recently, I plan to invest in a potential cryptocurrency with the opportunity for explosive growth; doubling is quite simple, with an expected space of 10 times or more. If anyone wants to know more, feel free to ask in the comments. #Marvin #Marvin7055 #比特币回升至97K #SUI市场新焦点 #历史见证者打卡 $BTC $ENA
$DOGE may be about to experience a big explosion! 🔥
Does Dogecoin have a chance to soar again? Just now, it broke through the descending triangle technical pattern, which is usually a bullish signal, igniting enthusiasm throughout the cryptocurrency circle. Will this breakout become the catalyst for Dogecoin to rise again?
What does this mean for investors?
A descending triangle is generally a bearish signal, suggesting that prices may fall. But if the price breaks through this pattern, it usually brings a strong bullish signal.
Why is this breakout so crucial? • Bullish sentiment is high: The breakout indicates that more and more traders and investors are optimistic about Dogecoin. • Potential price target: The next target price could be $1. • Strong momentum: The breakout brought significant momentum, which could drive prices further up.
So what should you do?
If you are a Dogecoin investor, this breakout may be a good opportunity to take profits or continue holding. If you are considering entering the market, remember to do thorough research and assess your risk tolerance before making a decision.
A reminder: Cryptocurrency prices are highly volatile, and past performance does not guarantee future results. Do more research and consult a financial advisor if needed.
Let’s keep an eye on Dogecoin and see if it can hit new highs!
Bonus: Potential Meme Coin Focus As the most mentioned dog by Musk, Marvin has become a potential Meme coin stock. If market sentiment continues to rise, small funds may tentatively invest in such projects, which could bring unexpected surprises! #Marvin #Marvin7055 #比特币回升至97K #SUI市场新焦点 #山寨币市场观察 $SUI
If you can't firmly hold onto your coins, then come and take a look at the legendary story of SHIB! 🔥🔥🔥
Let’s review the glorious journey of SHIB together: 1. On August 1, 2020, with an investment of $1,000, the legendary journey of SHIB began! 2. By the end of August, SHIB suffered a halving, but the price stubbornly held at $550; However, by the end of September to the end of the year, the price plummeted to a low of just $1.96, making people break into a cold sweat! But at the end of January 2021, it erupted and quickly soared to $19,607, leaving everyone dumbfounded! 3. By the end of March, SHIB continued to surge crazily, climbing to $98,039, thrilling investors! In April, it even broke through $372,549, creating a myth in the cryptocurrency world! 4. By the end of May, it continued to charge forward, reaching $17,254,901, astonishing everyone! In the following months, despite some fluctuations, it remained stable at the tens of millions level, showcasing strong resilience and potential. 5. At the beginning of October, SHIB erupted again, breaking through the $55 million mark, shocking the entire cryptocurrency world! 6. By the end of October, it crazily soared to an astounding $160 million, reaching its own peak! Though it receded afterwards, the legendary journey of SHIB has already become a classic in the history of the cryptocurrency world!
This is SHIB—a legendary coin that rose from the depths and created countless miracles! If you are struggling to hold your coins now, why not take a look at SHIB's story, let it inspire you, and bring you endless confidence and courage!
Additionally, a little Easter egg: Potential Meme Coin Focus As the dog most mentioned by Musk, Marvin has become a potential Meme coin stock. If market sentiment rises further, small funds may tentatively layout such projects, perhaps there will be unexpected surprises!