$XRP 's performance is indeed quite eye-catching. So why is XRP doing so well? Can it really continue to soar? You see, Bitcoin and Ethereum, those big players, have dropped significantly, but XRP remains incredibly stable, hardly dropping at all. By 2025, this guy will be firing on all cylinders, with prices skyrocketing, directly breaking through the $2.5 mark, looking like it's going to race all the way to $3.
First of all, XRP's performance during this correction has been impressive, and a key reason is the new developments in Ripple's lawsuit with the SEC. The judge has required Ripple to keep some important documents confidential, which is like giving investors a dose of reassurance, making them feel that Ripple has a chance of winning the lawsuit. As a result, everyone believes that XRP's legal issues are close to resolution, making it potentially more valuable in the future, which has stabilized the price. Furthermore, XRP itself is quite powerful. It trades quickly and has low transaction fees, making it particularly suitable for cross-border payments. These advantages have made it quite popular in the market; even during an overall market correction, its practical application value has been recognized, thus stabilizing its price.
When it comes to why XRP can rise to $2.5, the reasons are also understandable. On one hand, people's expectations for XRP's demand have increased, believing that if Ripple wins the lawsuit, XRP will be legalized, making future investments more secure. On the other hand, financial institutions and enterprises prefer to collaborate with cryptocurrencies that have clear legal status and low compliance risks, and XRP fits this condition perfectly, naturally increasing demand. Additionally, with investor sentiment on the rise, funds have been pouring in, causing prices to surge.
However, we also need to be clear-headed and recognize the risks associated with XRP. The outcome of the lawsuit is still uncertain; if Ripple loses, the price of XRP could plummet. Moreover, the cryptocurrency market itself is quite volatile, influenced by various factors, and prices can change rapidly. Also, other cryptocurrencies are not to be underestimated; they are all competing in technology and application scenarios, and if any of them surpass XRP, the pressure on XRP could increase significantly.
In summary, XRP's performance this time is indeed impressive, but we should not blindly follow the trend. Investing requires rationality; we must recognize the risks to ensure steady profits.
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Friends who hold Sui, it may drop below 3.9 in a flash. This week, there are at least three major events that can directly affect its price.
Yesterday we sold it at around 4.88, and also looked at several other niche coins by the way. I think they may all follow the market to adjust to around 3.9.
Think about it, Sui has risen from the initial 0.4 to the current 4.5, which has more than doubled 10 times, which is stronger than most niche coins. But it has not had a serious correction.
So, I think it is holding back a big move. As the old saying goes, buy when it is quiet and sell when it is busy. The current price has reached the top in the short term. If you have profits in your hands, you must learn to keep them.
Don't lose the big money you have worked hard to keep because of a small correction. I hope everyone can keep a stable mentality, not be proud when you win, and not be discouraged when you lose.
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Making 9 million from trading coins, you can actually give it a try too, but remember, there are risks in investing! Here are some of my insights, explained in plain language:
1. Pay more attention to the news and learn to find opportunities from the information. Whenever there is big news in the market, the prices of digital currencies can easily fluctuate. At this time, it’s best for beginners not to rush in, but to observe more, think more, and wait until they understand before taking action.
2. You also need to learn some techniques, like looking at charts and understanding some technical indicators. This takes time to learn, so don’t rush it, take it step by step. You need to learn how to read moving averages, KDJ, Bollinger Bands, and also analyze candlesticks, volume, and the flow of funds, which are key information.
3. Trading needs to have a plan; don’t buy and sell blindly. Frequent trading not only costs a lot but can also lead to a breakdown in mindset, and once that happens, it’s easy to make chaotic decisions. So, trading should be steady and follow the plan.
4. Risk management is crucial. You need to set a stop-loss and take-profit point for yourself, and once it reaches that point, you must sell decisively without hesitation. Also, manage your position well; don’t bet everything at once, leave some room so you can maneuver freely. Once you master these, you might easily make tens of millions! But remember, be cautious in investing, and don’t be greedy.
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Cryptocurrency trading has both great opportunities and risks, especially for beginners. Mastering the following key points is your first step to getting started:
Prepare enough money, but don't spend it recklessly You should have some spare cash, from a few thousand to tens of thousands, and it should be something you can afford. Never borrow money or invest all your living expenses; that creates too much pressure and can easily affect your judgment. Choose a platform, find a reliable one Look for a legitimate and secure trading platform, such as Binance, OKEx, Huobi, etc., which are commonly used. If you don't know which one to choose, you can check the "Feixiaohao" website, which has a lot of information. Choosing a legitimate platform is to minimize risks. First, exchange for Tether Once you enter the exchange, first convert your RMB into Tether (USDT). This U is similar to the US dollar, and while the exchange rate may fluctuate slightly, generally, 1 USDT is about 1 USD. Once you have USDT, you can start trading cryptocurrencies.
Trading methods, beginners should be steady Spot trading means no leverage, directly buying and selling, with lower risk, suitable for beginners to practice and also earn some small profits. Contract trading uses leverage, with greater risks and rewards; beginners should avoid it, as a small mistake could result in losing everything. Beginners should avoid these pitfalls Don't follow the crowd or randomly join any crypto groups; they are full of various scams and can easily lead you astray. Don't borrow money to trade cryptocurrencies; this is a major taboo. Just use spare money for fun, and don’t get carried away. Be patient, learn market trends, find a good coin, buy slowly when the price is low, and wait for it to rise. Stay calm, don’t be impulsive Fluctuations in cryptocurrency prices are normal; there are both opportunities and risks involved. Beginners need to be patient, avoid being too greedy or too fearful, and approach it steadily.
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Trump's hush money case 'escapes punishment'! Politics and markets are about to stir up again!
On January 10, 2025, Trump was convicted for allegedly paying hush money during the 2016 campaign to cover up a scandal and for falsifying business records to conceal the flow of funds. But guess what? He actually received no substantial punishment! This has caused an uproar in both politics and the market.
Let's break down this case. Trump was accused of paying hush money to cover up a scandal, and the court found him guilty, yet they let him go without any punishment. This operation has left people scratching their heads.
Why wasn’t he punished? Some say the court may have considered his special status and the new role he is about to take on, not wanting to escalate the situation too much. Trump's team claims that this case is purely political persecution, and the accusations are baseless. Some experts have also come forward saying that this ruling is to prevent further societal division.
As a result, the divisions in the political arena are growing wider. Trump's supporters believe this proves his 'innocence' beyond doubt; meanwhile, opponents criticize it as a terrible precedent that undermines judicial fairness. In the market, there seems to be no major short-term impact, but if Trump’s new term policies go awry, who knows what could happen? His ambiguous stance on cryptocurrency has always been a concern, and if his policies shift, the related asset market could take a hit.
What's next is not over yet. Trump's team may continue to appeal, aiming to overturn this conviction. And his new government will also have to deal with these legal controversies and public opinion troubles.
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Heavy trading, I sincerely think this is not a good idea. I have been trading for seven or eight years and have never seen a good outcome from heavy trading; it always ends in liquidation. Why? Because after trading for a long time, everyone has their own strategies, whether for short-term or long-term trading. You only make a move when the market aligns with your strategy; otherwise, you are basically just guessing. But as humans, we always make mistakes or get carried away. Sometimes the market has already moved beyond our strategies, yet we remain oblivious and hold on until liquidation. This situation happens far too often.
Speaking of the up-and-down pinning movements, they actually do not have a significant impact on those who really understand trading. It mainly serves to eliminate those high-leverage gamblers. True traders will not be easily eliminated by such small tricks. The market may currently feel that the operations of studios and speculative funds are too synchronized and want to disrupt the market with up-and-down pinning to eliminate them. But to be honest, these speculative funds and studios are not that easy to deal with.
For example, normal speculative funds only use 5% of their positions, with 10 times leverage, and set their stop losses at 1%-1.5% levels. Even if they get stopped out by a pin, they can calmly take more money from their principal to replenish the position back to 5% and wait for the market to improve before re-entering. In this way, their losses are less than 3% of the total position. Once the market reverses, they can make a substantial profit and recover all the previous losses from dozens of stop losses in one go. Unless the market maker keeps pinning for two to three months, but if it really happens, no one would probably play in this market anymore.
Heavy trading, I sincerely believe this is not the right path; it’s better for everyone to be cautious.
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Listen up, start with just $500 to test the waters, and keep the remaining $4500 for potential additional investments. Next, I will give you some solid money-making advice.
First, focus on trading BTC and ETH, don’t be blinded by those altcoins. The purpose of trading is to make money, not to lose it. I’ve tried trading many coins at once before, and the result was either liquidation or significant losses, or getting stuck. So, concentrate on trading Bitcoin, don’t bite off more than you can chew.
Secondly, always set stop-loss orders. For large market fluctuations, set them further away; for smaller fluctuations, set them closer. You can skip take-profit orders, but you must have stop-loss orders. No one can predict when the market will surge or crash. If you set your stop-loss orders well, even in extreme situations, you can preserve most of your capital. Don’t avoid setting stop-loss orders out of fear of losing, or fantasize about quickly getting back to break-even after a loss; such thinking is too naive.
Now let’s talk about liquidation prices; set them further away, preferably aim for a halving strategy, as it’s safer.
Adding positions should also be planned, don’t follow the crowd blindly. After opening a position, you should have enough capital to add positions at least 4 times. For example, use $30 for the first addition, $60 for the second, $120 for the third, and $240 for the fourth. This way, you average your entry price, and if the market adjusts favorably, you can easily recover or even make a profit.
If you’ve done all of the above well, then opening a hedge won’t be necessary. However, remember that you can only add to your hedge once, so be clear about whether you are opening a hedge or adding a fourth position. Moreover, never use different coins to open a hedge; this can easily lead to mutual liquidation.
Finally, make sure to open positions based on bull and bear markets, don’t go against the trend. In the early stages of a bull market, don’t easily open short positions; in the late stages of a bull market, don’t easily open long positions. Don’t let intraday market movements affect your judgment, resulting in opening at the peak or the trough.
In fact, contract trading is not meant for average players. You need to pass three tests: capital management, trading system, and execution ability. Capital management must be strict; don’t go all-in at the beginning; the trading system must be refined, and it should withstand the test of bull and bear markets; execution ability must be strong; don’t try to catch the bottom against the trend, and don’t fantasize about achieving everything in one go.
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I really didn't expect it! 78-year-old Trump, even if the court finds him not guilty, he still isn't happy!
The New York court heard Trump's 34 counts of business fraud, and the judge waved his hand, saying Trump was fine and released him directly.
But Trump wasn't having it; through his lawyer Branch, he expressed that although this ruling didn't penalize him, it implied he was guilty, and how could he accept that?
You see, Trump is thinking about returning to the White House as president, and if he becomes the first U.S. president to be convicted in history, how embarrassing would that be!
So, lawyer Branch said that Trump is determined to appeal. You see, the court wants to settle the matter peacefully, but Trump insists on an explanation and a dignified resolution.
I guess, if Trump really appeals, this case might drag on for quite a while, and it might end up going nowhere. This way, Trump can continue to “serve” the American people in a glorious manner for the next four years.
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Trading cryptocurrencies is really all about the mindset! If your mindset isn't right, even if you have tens of millions in assets, you could lose everything overnight. Trading cryptocurrencies is, in fact, about the mindset.
Trading in the crypto world is like a psychological battle, where everyone is competing in intelligence and mindset. The fluctuations in the market are actually caused by the changes in people's minds. To put it simply, in the end, trading cryptocurrencies is about who has the strongest mental resilience and the most stable mindset.
When you first start trading cryptocurrencies, you might find it fun and interesting, then you start studying the technology, and later on, it becomes a competition of who can come up with unique strategies and who has a keen eye and judgment. But ultimately, you'll find that what really matters is still the mindset and state of mind.
In cryptocurrency trading, the three most important points are: mindset, mindset, and again mindset! Success or failure often depends on your mindset. Sometimes, the rise and fall of the market are actually influenced by the emotions and mindsets of the participants. If your mindset is unstable, you definitely won’t make big money in the end.
Many people only understand the market trends afterward, but can’t see them in advance. Why? Isn’t it because their mindset isn’t right! When the market rises, they want it to rise more, greedy and insatiable; when it falls, they fear further drops, scared to death. Some people are overly confident one moment and then lose confidence the next, ending up completely discouraged. In fact, a good mindset for trading cryptocurrencies is to remain unfazed by rises and falls, and to not fear gains or losses. But it’s easier said than done!
To trade cryptocurrencies well, your mindset must be stable! No matter how the market changes, your mindset cannot be affected. This way, you can remain calmer and more rational, and not be swayed by market fluctuations. With a good mindset, your results will naturally improve!
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Big news! Trump lost in the Supreme Court, and the future of cryptocurrency has become uncertain!
Trump filed an emergency appeal to the Supreme Court, wanting to suspend the criminal judgment in New York, but the Supreme Court rejected it. This means Trump has to attend that tricky hearing as originally planned. This happened at a crucial moment when Trump might return to the White House, truly a blow to him.
The Supreme Court voted 5 to 4, believing that although Trump's situation is troublesome, he can still withstand it, so the hearing will proceed as scheduled on Friday. Trump is accused of manipulating accounts during the 2016 presidential campaign to cover up hush payments, and now he faces 34 felony charges. However, the Supreme Court stated that this matter can be resolved through the regular appeals process.
Even with legal troubles, Trump is not idle; his cryptocurrency plans must continue. He aims to loosen regulations on digital assets and promote blockchain innovation. Recently, he appointed a former SEC official as the new head, planning to support domestic cryptocurrency mining while opposing the U.S. central bank digital currency.
Trump's cryptocurrency agenda has garnered significant support from cryptocurrency fans, especially since he mentioned reforming regulatory policies, which gave the entire industry a shot in the arm.
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Let me talk about the trend of ETH, XRP, and ADA!!!
Ethereum tried to break through $3,600 this week, but sellers quickly took action and pulled it back to the important support level of $3,200. If buyers are not strong, ETH may fall below $3,000. By the end of this week, the price was still down 4%. Now that the bullish momentum has been interrupted, it is unclear whether buyers can control the price in the next few days. The support looks fragile and sellers may continue to exert their strength. Looking forward, ETH may pull back for a longer time after failing to hold $4,000. If so, it will be difficult for ETH to hit $4,000 again this month. However, after this adjustment is over, it may start to slowly recover in February.
XRP also fell 4% this week, but compared with the entire market, it is still holding up, with prices fluctuating between $1.6 and $3. As long as the price is in this range, it may continue to rise in the future. Buyers are also very active. As soon as the price drops below $2, they come in to buy at the bottom. So XRP quickly returned to $2.4 this week. The current price is about $2.3, which is still a little far from the recent high of $2.9, but it is already very good. Looking forward, XRP is likely to continue to rise this year, and may even challenge the historical high of $3.3 since January 2018.
The price trend of ADA is a bit similar to that of XRP, also hovering between $0.9 and $1.3. However, ADA fell 9% this week, which is more severe than XRP and ETH, which shows that sellers are more aggressive and buyers are not very willing to enter the market. From a macro perspective, ADA hit a new high in December 2024. This may mean that despite the current pullback, the overall trend is still bullish and ADA may continue to rise. Looking forward, ADA has to break through the key resistance level of $1.3 and turn this price into support before it can hit a new high later this year.
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1. Every year, you have to calm down and dig deep into one or two digital currencies. If you focus on doing one or two, you will often get very good returns.
2. In the currency circle, you can't make enough money, and the market is volatile. After making money once, don't think you can do the same every day or every month, otherwise you may lose money.
3. For short-term trading, you have to keep an eye on the relationship between volume and price, turnover rate and growth rate, which are all key.
4. If you want to trade coins steadily, then buy those digital currencies that have just started from the bottom.
5. Compare the K-line charts of the market, sectors and individual digital currencies together, so that you can see whether there is a main force operating, whether it is a strong main force or a weak main force, at a glance.
6. If you buy the wrong one, you have to admit your mistake quickly and stop the loss in time. In this market, losses are often caused by not stopping losses in time, regardless of whether you made money before.
7. When looking at the time-sharing chart, if the price rises but the average volume line does not follow, and the deviation is too large, it is a good time to sell short-term.
8. Set the three moving averages of 5, 15, and 30. If they are divergent, then this digital currency is usually more stable. If there is strong background support, it will be even better.
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Tonight's non-agricultural data is very important!
I haven't invested in BTC today
Don't bet on data, don't use contracts, don't use spot
Wait for the trend to come and follow it, then HOLD
It has been pulling back today. If the non-agricultural data is lower than expected, it will be a false breakthrough
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Comparison and interpretation of market data on January 10: Before the employment data, we have to see what the market situation is!
On Tuesday, the market fell for a long time, and BTC also successfully rebounded at the bottom of the daily range. Tonight, we still have to keep an eye on the important employment data. Let's make a record first to see what is different from Tuesday.
Compared with Tuesday, the market value has fallen overall. BTC has reached its peak again, and it rebounded quickly after the decline, stealing the limelight from ETH and those altcoins. The risk appetite of altcoins has dropped again, but the proportion is still 28%, which is better than the previous 27%, indicating that altcoins are still resistant to declines this time.
In terms of trading volume, the market as a whole has risen, but it is mainly BTC and ETH that are rising, and altcoins are similar to Tuesday. Now that it has rebounded, the buying sentiment of BTC and ETH is high. As for altcoins, confidence is still insufficient. If BTC can continue to rise tonight, altcoins may follow suit and rise a little over the weekend, but it depends on how the data tonight looks.
In terms of funds, the market value of stablecoins has decreased by 200 million, and now it is 211.9 billion. Both USDT and USDC have lost money, and funds in the Asian and European markets have flowed out again, and the activity rate has also decreased. Although the stock is okay, this has been a net outflow for three consecutive weeks. Funds in the US area have also obviously flowed out, and the activity rate has also decreased.
To sum up, today's data is still not optimistic compared with Tuesday. The market is now quite cautious, and the buying power of BTC and ETH depends on the employment data tonight. If the data is good, the buying power may increase in the short term, and the altcoins may make up for the rise over the weekend. On the contrary, it will be troublesome for a while. Compared with last week and Monday, the market is indeed in a "weak" stage now, so let's wait and see!
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Friends who have 2 million $SHIB , please read this quickly, this is about your wallet!
Shiba Inu price may soar Now the cryptocurrency market is looking for the next star to rise sharply, and SHIB may be the lucky one. Why do I say that? Because there are several big benefits: Shibarium is coming: This is a second-layer blockchain, which is said to significantly reduce transaction fees and make transactions faster and smoother. If everyone likes to use it, the demand for SHIB will soar. The destruction mechanism is in action: SHIB has a destruction plan, which is to continuously take tokens from the market. If the destruction speed is fast, there will be less SHIB on the market, and the price will go up.
But it is not without risks Of course, good things come hard, and SHIB holders must also pay attention to a few pitfalls: Market volatility: The crypto market has been turbulent recently, and most altcoins have suffered, and SHIB is no exception. You must always pay attention to market trends and invest rationally. Whales are hard to predict: Those big guys who hold a lot of SHIB in their hands, their every move may affect the price. You have to keep an eye on their wallets, lest they suddenly sell off and knock you dizzy.
Don't underestimate 1 million SHIB in your hand At the current price, 1 million SHIB may not look impressive, but don't forget that it has the potential to double. If the price rises a little bit, you can make a lot of money. Are you ready for this big rise?
In summary, SHIBA INU is not just a popular coin, it is striding towards the direction of a practical token. Friends who have SHIB in their hands, now you have to be alert. The crypto market is changing rapidly, and opportunities are fleeting!
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At 9:30 p.m., the U.S. Department of Labor will release two important data: non-farm payrolls and unemployment rate. These two data are big events for the market and can stir up a lot of waves.
First of all, everyone now thinks that the data this time may not be very good. Why? Because the PMI and JOLTS data released a few days ago rose a bit fiercely, and as a result, the U.S. stock market and the cryptocurrency market fell sharply. In this way, the market is like having eaten a bitter fruit, and has become a little resistant to bad news, and it can't fall much further. So, if the data tonight is really bad, the market may just shrug and not react much. But! If the data is better than everyone thinks, then the market will be happy and the rebound will be unambiguous.
Let's talk about the forecast of Andrew Hollenhorst, an economist at Citigroup. He thinks that the number of new non-farm jobs this time may be only 120,000, and the unemployment rate is expected to be 4.4%. If this forecast is true, it will be great news. For the market, it is simply a pie in the sky.
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Which coins can still rise against the trend when the market falls? ? ?
In the past, when the market fell, everyone focused on which tokens in CEX were the most resistant to the fall. But now, the DEX battlefield cannot be ignored, especially the AI tokens on Solana and Base chains. Next, let's take a look at the performance of some of the top tokens on Solana, Base and BSC in this decline.
The statistical time this time is from Bitcoin's recent high point, which is 8 am on January 7, 2025, until 8 am today. The market value mentioned now is the data around 12 noon today.
On Solana, 25 AI concept tokens were selected and found that their average decline was not large, only -0.4%. However, if you look at the total market value, these 25 tokens fell from US$5.06 billion to US$4 billion, a drop of 20.6%. This shows that large-cap tokens are bleeding, while small-cap tokens are emerging.
On Base, 7 AI-themed tokens were selected, and their average decline was large, reaching 19.9%. The total market value also fell from US$1.16 billion to US$890 million, a drop of 23%. It can be said that these tokens are all falling, and none of them are rising against the trend.
So what are the tokens that are rising against the trend doing? For example, AVA, which was originally an AI Agent of Holoworld AI, is now launching Launchpool, and people who hold AVA can get new token allocations. There is also pippin, which is going to launch a new framework. MAX launched the Launch platform, and staking MAX can obtain rights and tokens. BUZZ and BUILD have not made any new moves yet.
In general, these tokens that are rising against the trend are adding to their stories. Whether they can be realized or not, they can bring about a wave of growth. Therefore, it is recommended that you pay more attention to the new stories of these head tokens.
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If your capital is less than 50,000, there is the stupidest way to speculate in coins, allowing you to keep making money forever!
Don’t worry about whether you can learn it. I can seize this opportunity, and so can you. I am not a god, I am just an ordinary person. The difference between me and others is that others ignore this method. If you can learn this method, Looking at the later transactions, it can help you earn at least 3 to 10 points more every day.
Back to investing in batches: Suppose you have 10,000 yuan, divide it into five parts, and only use 2,000 yuan of it for each transaction.
Group test the water investment: First use 2,000 yuan to buy a coin to test the water.
If the currency price falls, add another position: If the currency price drops by 10%, use another 2,000 yuan to add another position. Stop when the group rises: If the currency price rises by 10%, sell part of it in time to lock in profits.
Repeat cycle: keep buying and selling again and again until the funds are used up or the coins are sold out.
Strategic advantage: The advantage of this strategy is that even if the currency price drops, you can deal with it calmly. By buying in batches, you avoid the risk of investing all at once. Even if the currency price drops by half, you will only gradually increase your position. And every time you sell, you can lock in 10% of the sales. For example, if you have 100,000 yuan, and you invest 20,000 yuan each time, you can earn 2,000 yuan each time.
Key tips include:
1. Technical Analysis: Use charts and indicators to identify trends,
2. Fundamental analysis: pay attention to news and macroeconomic factors;
3. Risk management: set stop loss orders and diversified investments;
4. Trading strategies: Determining entry and exit points and using different strategies
5. Psychological factors: maintain discipline and patience;
6. Practice and learning: simulated trading and continuous learning;
7. Choose a reliable platform
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The dealer and retail investors are a game of cat and mouse, and they are naturally incompatible. The dealer always thinks of ways to mess with retail investors, spread false news, make false technical breakthroughs, and cheat retail investors out of their wallets. This is not just the retail investors' own imagination, this is what the dealer actually does.
Why do dealers dare to be so arrogant? It's because we all have a herd mentality, and the dealers have spotted this, grasped our emotions, and used human weaknesses to make a lot of money. But then again, we can also think about it the other way around. Since they use us, why can't we follow their path and make money from them in return? This requires thinking, the ability to think in another's shoes, and the ability to control our own weaknesses.
So what are the dealers afraid of? Let's dig into their weaknesses from a technical perspective. First of all, the dealers are most afraid that retail investors will see through their tricks and not fall for them. What they often use is "washing the plate" and "pulling up", creating panic when washing the plate, and not giving opportunities when pulling up. But if we can see through these, don't panic when the price is low, don't chase when the price is high, have our own trading rhythm, and only make money from them, then the dealer can't do anything to us.
Secondly, the dealer is also afraid that retail investors have rules and strong execution. They like those retail investors who chase ups and downs and are mindless, because this can easily take money out of the pockets of retail investors. But if we have our own trading rules and don't follow the trend, then the dealer will have a headache. Especially those retail investors who can react quickly after a false breakthrough and decisively stop losses when they are trapped at a high level, which is even more of a headache for the dealer.
Finally, the dealer is most afraid that retail investors will not blindly follow the trend. They always like to spread "inside information" to attract retail investors who want to take shortcuts and want to get their money back quickly. But we have to understand that these news are all deceptive. If there is really an insider, they would have made a fortune quietly, so how could it be spread? So we have to stay rational and don't be fooled by these news.
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Has the market fallen to the point? Is this the last drop?
From the big trend, even if it falls again, the bull market will come sooner or later. The weekly chart already looks like a double top, and the daily chart is about to touch the bottom.
There are four types of people in the market now: The first type is the die-hard bulls, who firmly believe that the bull market is still there; The second type is the air force, who are desperately bearish now; The third type thinks that the bull market is over; The fourth type is uncertain and afraid that the bull market will end.
Do you want to know what the main force wants to do most? They just want to make these four types of people lose money!
On the die-hard bull side, they will not blindly chase the rise, and will treat the fall as a good product delivered to their door. If it really falls to 85,000, they will definitely buy crazily, so the main force will either let the price rebound before that, or fall sharply below 85,000, blow up the die-hard bulls, and then rebound again, and watch while walking.
On the air force side, although they are shouting fiercely now, as long as the price breaks the previous high, they will stop loss immediately. So they are not firm, and they may turn into longs if the price goes up. Even if there is a correction, this is unlikely to be the high point. The air force is scared and dare not short. What if it falls again after turning into longs, then the main force will make money? Because the main force can control the short and medium term, but the long-term bull market is a win for everyone.
Those who think the bull market is over dare not short boldly now, and will only wait for the price to fall before chasing the short. If you want to make these people lose money, you have to make a sharp drop, so that they can't help but chase the short. When they really become dead shorts, the altcoin may be bullish.
Those who are afraid of the end of the bull market want to buy when it goes up and sell when it goes down. The main force makes them go up and down on the roller coaster and lose at least twice. There is definitely a chance for the altcoin to be bullish, but how can this part of people not enjoy the sweetness of the big rise? Just let them want to sell when it goes up and wait for the bear market to take over.
Look at the market in January, it rose to 102,800, and the air force stopped the loss, and then fell to 91,500, and the longs were liquidated. Those who think the bull market is over are more convinced that it is over, and basically no longer play. Those who are afraid of the end of the bull market, the altcoins fell once in December last year, and fell again after rebounding in January this year, and now they are almost washed out.
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