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!
Big Event! Is 99% of SHIB tokens going to be burned? 🔥🔥🔥
Currently, SHIB's market value has reached $15 billion, and the speed of token burning is rapidly increasing! If 99% of SHIB is burned, could the price soar to $1? 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 burn amount surging by 6220% in just a few days. Initially, there were 999 trillion SHIB tokens, and now 410 trillion have been burned, leaving 541 trillion tokens still circulating in the market.
Kusama, the chief developer of SHIB, stated that while he technically supports large-scale burning, he believes that burning is not a cure-all. SHIB's ecological projects, such as DeFi, are also crucial. He warned that if burning happens too quickly, SHIB's price might soar to a level that causes panic among buyers, leading to a decrease in market activity, which would, in turn, affect SHIB's development. To reach its maximum potential, a proper balance must be found between burning and other development measures.
Currently, SHIB's price is on the rise, and experts are optimistic about its prospects. Technical analysis indicates that as long as a certain key point is broken, the price is expected to rise to $0.000045. However, to push for $1, the SHIB community must find the best balance between burning tokens and optimizing projects like Shibarium.
Recently, I plan to set up a position in a potential coin that has the chance to explode; doubling is quite simple, with an expected upside of 10 times or more. If anyone wants to know, feel free to ask in the comments. #Marvin #Marvin7055 #山寨币市场观察 #历史见证者打卡 #比特币回升至97K $BTC
🔥 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.
The gray future may include 35 cryptocurrency assets in products, divided into 7 major tracks: 1. DeFi track (7): JUP, ONDO, ENA, CORE, RUNE, PENDLE, AERO. 2. Infrastructure track (6): TIA, PYTH, ATOM, AKT, UMA, NEON. 3. Layer 1 track (9): TON, TRX, APT, INJ, ICP, KAS, VET, OM, CELO. 4. Layer 2 track (8): OP, ARB, SEI, STRK, POL, MNT, IMX, METIS. 5. DePIN track (2): AR, HNT. 6. AI track (2): FET, WLD. 7. Meme track (1): DOGE.
At the same time, I recently plan to ambush a potential coin with an opportunity for a big surge, doubling is quite simple, with an expected upside of 10 times or more. Those who want to follow up, please like ➕ comment. #Marvin #Marvin7055 #比特币重返10W大关 #山寨币市场观察 #历史见证者打卡 $BTC $ETH $ENA
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
1. ARB (Arbitrum): Estimated Price: $20.08. As a Layer2 solution for Ethereum, Arbitrum plays an important role in expanding the Ethereum ecosystem by enhancing blockchain performance and reducing transaction costs. Its technology and ecological potential make it a significant component in the future of the crypto space. 2. SUI (Sui): Estimated Price: $30.92. As an emerging high-performance blockchain platform, Sui is recognized for its robust technical architecture and innovative potential. Its design focuses on scalability and speed, attracting widespread attention and becoming a new star in the crypto world with huge market potential. 3. APT (Aptos): Estimated Price: $14.84. Aptos, as an emerging platform in the blockchain field, has drawn the attention of numerous 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 significant development space in the coming years. 4. ZK (ZK-Rollups): Estimated Price: $13.99. ZK-Rollups, as a new type of scaling technology, has great potential to enhance the scalability of Ethereum and other blockchain platforms by increasing transaction throughput and reducing latency and costs. As the technology matures, ZK-Rollups are viewed 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. Based on current development trends, they all have the potential for significant price increases in 2025, making them candidates for 100x coins.
Recently, I plan to position myself in a potential coin with an opportunity for explosive growth; doubling is quite simple, with an expected upside of 10 times or more. If you want to follow along, please like ➕ comment below to let me know. #Marvin #Marvin7055 #以太坊领涨 #币安将上市ACX、ORCA #山寨币市场观察 $ETH
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
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 hold onto your coins firmly, then come and see 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 faced a halving, but the price stubbornly held at $550; However, by the end of September to the end of the year, the price once plummeted to a low of just $1.96, causing a cold sweat! But at the end of January 2021, it erupted with a comeback, quickly soaring to $19,607, leaving everyone speechless! 3. By the end of March, SHIB crazily continued to rise, 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 surge, reaching $17,254,901, leaving people in awe! Although there were fluctuations in the following months, it remained stable at the tens of millions of dollars 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 community! 6. By the end of October, it crazily soared to an astonishing $160 million, reaching its own peak! Although there was a subsequent decline, the legendary journey of SHIB has already become a classic in the history of the cryptocurrency world!
This is SHIB—a legendary cryptocurrency that rose from the depths and created countless miracles! If you find it difficult 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!
Bonus: 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 tentatively laying out these types of projects may also yield unexpected surprises!
🔥Will the Eastern powers usher in the era of virtual currency?
The future is undoubtedly the era of artificial intelligence and Web3, and all of this is closely related to blockchain technology. Some politicians in the United States have even proposed that Bitcoin is planned to be used as a means of paying off national debts. If this move is implemented, it may allow the United States to occupy a more important position in global finance and usher in a real leap.
Although China has not yet officially recognized the concept of Web3, it has been vigorously promoting the construction of infrastructure for blockchain technology, including applications in government affairs, transportation and other fields. Although China's attitude towards virtual currency is relatively cautious, with the development of blockchain technology, there is still a lot of suspense as to whether the era of virtual currency will be ushered in in the future. Consideration of economic factors such as local debt and population income may be an important consideration for China's development in this regard.
If China really ushers in the era of virtual currency, just like the surge in the stock market in October, perhaps many people can benefit from it, of course, except for some unreliable "leek coins". Risks and opportunities coexist, and investors need to be extra cautious to find their place in this ever-changing market.
💥Breaking News: President Trump Wants to Eliminate All Capital Gains Taxes on Cryptocurrencies Issued by U.S. Companies
According to the latest news, President Trump has proposed a plan to eliminate capital gains taxes on cryptocurrencies issued by U.S. companies. This proposal means that all profits earned by Americans holding cryptocurrencies such as $BNB, $XRP, $SHIB, etc., will be completely tax-free, provided that the creators of these cryptocurrencies are U.S. companies.
Legislative Requirements and Market Impact
This legislative proposal requires cryptocurrency companies to register as entities in the United States before issuing cryptocurrencies. However, to attract global cryptocurrency companies, the policy will provide a pathway for existing cryptocurrency asset companies to relocate to the U.S. to enjoy this tax benefit.
This strategy is part of the Trump administration's broader goal to make the U.S. a global cryptocurrency hub. The policy is expected to attract more cryptocurrency companies and investors to funnel their funds into the U.S. market.
Impact of the Tax-Free Policy
If this policy is implemented, it will make "Made in America" cryptocurrencies the most attractive investment option for U.S. citizens, as they will not have to pay capital gains taxes of up to 37%. This move could not only stimulate demand for cryptocurrency assets but also potentially reshape the global cryptocurrency market landscape, further promoting the adoption and legitimization of cryptocurrency assets.
Summary:
If implemented, Trump's proposal will greatly incentivize U.S. citizens to invest in domestic cryptocurrency assets, potentially driving the transformation of the global cryptocurrency market and bringing greater growth potential to the U.S. cryptocurrency industry.
At the same time, I recently plan to ambush a potential coin with a chance of skyrocketing, doubling is quite easy, with an expected upside of 10 times or more. Everyone who wants to join in, please like ➕ comment. #Marvin #Marvin7055 #SUI市场新焦点 #ENA突破1美元 #历史见证者打卡 $BTC $ADA $SUI
There has long been a saying in the cryptocurrency community: governments of various countries have long held Bitcoins, among which the U.S. government holds 215,000 Bitcoins, and the Chinese government holds 190,000 Bitcoins. The source of this claim can be traced back to the 'PlusToken' case in the crypto industry.
Background of the 'PlusToken' Case In 2018, the PlusToken platform quietly entered the crypto space and lured millions of participants under the guise of digital currency investment with high interest rates. This platform is considered one of the largest scams in the crypto industry at the time. In March 2020, the Ministry of Public Security deployed national police forces to arrest 82 key members.
Seized Digital Currencies In this case, law enforcement seized a large amount of digital currency, including 190,000 Bitcoins, 27.24 million Grapefruit Coins, 830,000 Ethereums, and a total of 9 types of digital currencies. According to related reports, these illegal proceeds were confiscated by law and turned over to the national treasury. In 2019, the value of this batch of digital currencies was $4.2 billion.
Current Status of the 190,000 Bitcoins Based on today's Bitcoin price, the value of 190,000 Bitcoins has reached $12.7 billion (assuming a price of $67,000 per coin). However, these Bitcoins have not remained 'asleep' until now. Through communication with multiple OTC traders, it is widely confirmed that a large portion of these Bitcoins was sold between the end of 2019 and mid-2020, when Bitcoin prices ranged from $7,000 to $12,000.
The judgment mentions that 'the funds and profits obtained shall be confiscated by law and turned over to the national treasury,' which to some extent confirms that this batch of Bitcoins has already been disposed of.
Summary: Regarding the claim that the Chinese government holds 190,000 Bitcoins, most of them have already been sold between 2019 and 2020, converted into funds, and turned over to the national treasury. However, a certain number of Bitcoins and Ethereums are still believed to be unsold, implying that they may still become part of future government actions.
Bonus: Potential Meme Coin Focus As the dog mentioned most by Musk, Marvin is likely to become a potential Meme coin stock. If market sentiment rises further, small funds testing the waters in such projects may also yield unexpected surprises! #Marvin #Marvin7055 #SUI市场新焦点 #ENA突破1美元 #比特币回升至97K $BTC $SUI $ENA
🔥DOGE is about to make a big move! Attention Dogecoin holders!
Recently, the price trend of Dogecoin (DOGE) has attracted the attention of many cryptocurrency analysts. Notable analyst Rekt Capital pointed out that the price chart of Dogecoin has formed an ascending triangle pattern, which may suggest that the price is about to rise significantly.
Analysis of the Ascending Triangle Pattern
The characteristic of this pattern is: there is a horizontal line (resistance level) above the price, and a diagonal line (support level) below. Each time the price pulls back, it does not drop too deep, indicating that buying pressure is continuously increasing and market sentiment is positive. This means that more and more investors are waiting for an opportunity.
Currently, the price of Dogecoin is close to $0.44 (near the horizontal line) and has touched this price point multiple times before retreating; the support line below is about $0.34 and is steadily rising. Rekt Capital believes that if Dogecoin breaks through the $0.44 resistance level and stabilizes, it is likely to welcome a wave of increase, with a target price potentially reaching above $0.54.
Other Analysts' Opinions
Another analyst, Satoshi Flipper, also mentioned that Dogecoin is currently in an ascending channel, facing pressure around $0.46. If Dogecoin can break through this price level, it may further rise, with a target price potentially reaching $0.64.
The Impact of Musk and Policy Proposals
In addition to technical analysis, there are reports that Elon Musk and Vivek Ramaswamy plan to meet with U.S. lawmakers, potentially proposing initiatives related to Dogecoin. If this proposal gains support, the price of Dogecoin could be significantly impacted. After all, whenever Musk speaks, the market sentiment for Dogecoin usually undergoes drastic changes.
Summary: Dogecoin is currently at a critical technical position, and if it breaks through the current price pressure point, it may welcome a wave of increase, with target prices possibly between $0.54 and $0.64.
Recently, I plan to ambush a potential coin with a chance of explosive growth; doubling is quite simple, with an expected upside of 10 times or more. Those who want to follow along, please like ➕ comment. #Marvin #Marvin7055 #ENA突破1美元 #比特币回升至97K #SUI市场新焦点 $SUI $BTC $ETH
🔥 Cashing out a million in currency? Know these before the bank asks!
Suppose you just made tens of millions of dollars in the cryptocurrency market and are excited to withdraw these funds. But wait! Does the bank want to know the source of this money? The answer is yes!
When you deposit a large sum into a bank account, anti-money laundering (AML) alerts may be triggered. Even a six-figure amount could prompt a review from the bank. If you receive a call from the bank, don't be surprised; if the issue isn't resolved, your account may be frozen, disrupting your financial plans. So why is this happening?
The reason is simple: under legal requirements, banks need to investigate large transfers to ensure the legitimate source of funds. If your cryptocurrency earnings cannot be clearly verified, you may face stricter scrutiny.
How can experienced cryptocurrency traders avoid issues? 1. Separate accounts: Don't use your main account for cryptocurrency trading. This way, if your account is frozen, your daily funds won't be affected. 2. Digital accounts: Consider using smaller or digital banks that are more accommodating to cryptocurrency transactions, as they are more lenient with crypto assets. 3. Smart conversion: Convert cryptocurrencies into traditional assets like stocks or bonds before cashing out. This can make your crypto profits appear more stable and 'traditional'.
What's the secret? The most important thing is to be prepared. Banks will have questions, but as long as your source of funds is legitimate and you can clearly explain the legality of the fund flows, there shouldn't be much of an issue.
In summary, properly planning the flow of funds, choosing the right bank, and selecting the appropriate transaction methods can help you smoothly withdraw your cryptocurrency profits into your bank account and avoid unnecessary troubles.
At the same time, I recently plan to ambush a potential coin that has a chance to explode, doubling is quite simple, with an expected upside of 10 times or more. Everyone who wants to join in, please like and comment. #Marvin #Marvin7055 #SUI市场新焦点 #山寨币市场观察 #历史见证者打卡 $SUI $SOL $BTC
In the past few years, I have lost more than 40 million in total, especially in the last six months, where I lost over 25 million. Today, I share my experience to remind those who might take the same wrong path as me, or are already on this path. There was once a friend who operated like this, and in the end, not only did he lose money, but he also lost himself. Therefore, I want to emphasize that you must not touch high-leverage contracts, especially when you are not mentally stable; absolutely avoid them. You might consider buying some spot assets or engaging in low-leverage operations, which are normal investments, but high leverage is just gambling. In this instance, I bet all my savings on it and ended up with a huge debt.
I am a living example of this, and I hope everyone can learn this lesson. In the future, I will occasionally update my debt repayment progress; every little bit I pay back makes me feel like I’m making some progress, and it also makes me feel a bit better inside. Life is very difficult right now, it really feels like I’ve fallen from heaven to the ground, the contrast is too great, and the hole I dug for myself must be filled by me. There’s no medicine for regrets in this world; I can only grit my teeth and move forward step by step. I hope I can get through this, and I also hope everyone can stay away from these high-risk things and live a stable life.
At the same time, I am planning to ambush a potential coin that has a chance to explode, doubling is quite easy, with an expected space of 10 times or more. If you want to follow along, please like and comment. #Marvin #Marvin7055 #SUI市场新焦点 #ENA突破1美元 #比特币回升至97K $BTC
🔥99% of retail investors' bad habits! Watch and learn, straight to the point! 1. Can't hold on when it rises, won't cut losses when it falls When the market rises, retail investors often lack patience, selling off after a small profit for fear of missing out; but when the market falls, they are unwilling to cut losses, always thinking "I'll wait until I break even," resulting in even greater losses. 2. Eager to take profits when there's a small gain, unwilling to leave when there's a loss When in profit, they rush to lock in gains, fearing they might miss an opportunity; but when at a loss, they hesitate, always holding on to the illusion of "I'll leave when I break even," often missing the best chance to cut losses, leading to deeper losses. 3. Desperate to recover after a large loss Once losses become too large, their mindset becomes unbalanced, and they start to increase their bets, hoping for a quick rebound, but this only traps them deeper, like falling into a swamp—the more they struggle, the harder it becomes to escape.
Countermeasures: 1. Set clear buying and selling points Before buying, think clearly about when to sell, set reasonable profit targets and loss limits, and avoid last-minute decisions. 2. Be decisive with stop-losses Once losses reach the set point, cut losses without hesitation to prevent small losses from turning into large ones. 3. Take profits in batches Don't be greedy; gradually exit in batches when in profit to maintain a stable mindset and make gains more secure. 4. Avoid blind trading and holding positions Don't blindly follow trends or hold onto positions without thinking; holding on will only make it harder to navigate the market. Observe more, learn more, practice more; only in this way can you survive longer in this market.
Conclusion: To survive long-term in the market, the key is to manage risks reasonably, maintain a good mindset, and formulate appropriate strategies, rather than blindly following trends and being overly greedy.
At the same time, I plan to set up a potential coin with a chance of a big surge; doubling is quite simple, with an expected upside of 10 times or more. Anyone who wants to join in, like ➕ comment. #Marvin #Marvin7055 #比特币回升至97K #历史见证者打卡 #山寨币市场观察 $SUI $ETH $ENA
🔥🔥🔥 Cryptocurrency headlines! 1. NEIRO is about to be listed on the Korean exchange According to internal information, NEIRO is expected to be listed on the Korean exchange at 7 o'clock tonight (China time). If you are paying attention to this coin, hurry up and enter the market! 2. Justin Sun sold 20,000 ETH 8 hours ago, Justin Sun sold 20,000 Ethereum (ETH) through the HTX platform. This move may have a certain impact on the ETH market, and investors need to pay attention. 3. SAM's press conference is about to start, which is good for WLD and ARKM Starting from December 5, SAM will hold a 12-day press conference and live broadcast every day. This event is expected to bring good news for WLD and ARKM. Investors can pay attention to the price layout of 2.34 and 2.32, and the defense position is set at 2.23. 4. PNUT hints that it will be listed on Coinbase soon PNUT coin hints that it will be listed on the Coinbase exchange. At present, the technical side is washing the market, and there are many callbacks. It is a good time to configure the bottom position of spot. 5. Trump appoints crypto industry supporter as next SEC chairman Trump nominated a candidate who supports the cryptocurrency industry as SEC chairman. This news is good news for the entire crypto industry and may accelerate the improvement of the regulatory environment. 6. Bitcoin breaks through the $100,000 mark The price of Bitcoin broke through the $100,000 mark, and the long-dormant whale account suddenly transferred 24,000 BTC, which attracted market attention. The flow of large funds may mean that the market will usher in important changes.
Summary: The market trend is full of variables. Investors need to pay close attention to these major news and adjust their investment strategies in time.
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 higher. If you want to follow up, please like + comment. #Marvin #Marvin7055 #SUI市场新焦点 #ENA突破1美元 #比特币回升至97K $BTC $SUI $ENA