The first phase of this bull market has lasted for a month $BTC rose from 60k to 100k Most coins have also risen 3-5 times from the bottom Take advantage of the current adjustment phase to do a simple review First, it's very certain that this is just the first phase of the bull market In this cycle's first phase, the leading gainers are SOL and its chain's memes $SOL started to rally in October, reaching a short-term peak on November 21, during which many big tokens on the SOL chain, such as $PNUT, $ACT, $BAN, #CHILLGUY, etc., were listed on Binance. If we pay attention, we can also find that SOL is the first mainstream coin to start adjusting, usually the leading gainers will also drop first. From the perspective of funds, market makers have pushed up so many coins during this time, and profits need to be realized; From a human perspective, everyone has been working hard for a month, and it’s time to take a break.
After the SOL chain cooled down, it seemed like a broad bullish trend, but the overall hotspots began to disperse, Ethereum is still struggling to maintain above three seconds, but it will definitely not be absent. I jumped into BASE chain last month and invested in more than ten coins at once, but most ended up losing, only $VIRTUAL performed well, covering the losses of the entire chain with its single coin profit, ultimately it was still a fruitless effort, just contributing liquidity. Currently, compared to BASE and SOL, there are still too many disadvantages, after all, it's a product of the Coinbase system, which is not surprising.
The market has actually adjusted healthily in the past two days, most coins have risen several times over the past month, and now a 30% or 50% correction is very normal. The upcoming market judgment is as follows:
1. The first phase of the bull market has ended, and after adjustment, it will soon enter the second phase 2. Currently, off-market funds have not yet entered on a large scale, and it is still in the self-excited phase within the market. The rise of many coins is also driven by leverage within the market, so it is very necessary to clear leverage in the short term 3. The adjustment time will not be long, and the second phase will start before Christmas 4. The leading gainers in the second phase will be SOL or ETH, this is my judgment after experiencing several chains. SOL is simple, has a low threshold, and has a mass base; ETH has a need for catch-up 5. The clearing of leverage in the second phase (spike) will be more ruthless than in the first phase, but the overall upward direction remains unchanged, so it's enough to accumulate spot at low prices (like now). Frequent leveraging in a bull market will only accelerate your demise; don’t treat the exchange as fools!
The bull market is here, and it's time for the New Year. Everyone should also withdraw funds for spending. I don't understand OTC, but from what I know, there seems to be a so-called safer method for withdrawing funds.
Open a card with ZA Bank or another bank in Hong Kong; ZA is relatively easy to set up, and it can be done via a mobile phone. Then, sell it for Hong Kong dollars at an offline store, and the safest way is to sell it for cash and then deposit it into a bank card via an ATM. In mainland China, you can link it to WeChat or use its physical Visa card for spending.
Hong Kong can also freeze cards, so there are two points to note: first, do not engage in too frequent transactions; second, pay attention to maintaining the card, using it regularly for daily expenses instead of just for withdrawals and deposits.
It seems that exchanges also offer VISA/MasterCard now, but I haven't used them much. I directly spend in USD and don't know much about the safety factor and transaction fees.
Bitcoin is now the seventh largest asset in the world
When BTC reaches $109,000, its market cap will surpass Google's When BTC reaches $116,000, its market cap will surpass Amazon's When BTC reaches $165,000, its market cap will surpass Microsoft's When BTC reaches $180,000, its market cap will surpass Nvidia's When BTC reaches $186,000, its market cap will surpass Apple's When BTC reaches $800,000, its market cap will surpass gold's
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Some say, is the United States really a 'beacon of democracy'? 300 million people can complete voting, counting, and reporting in a day, smoothly and orderly. The peaceful and orderly transfer of power in such a large country without a shot fired allows the whole world to observe and learn, with live broadcasts on all platforms. If this is not a world beacon, then what is? Can the voting processes in certain countries stand up to scrutiny?
It's hard to make money because you don't understand!
If a person understands, everything will go smoothly and he will understand everything. What does it mean to understand?
To be enlightened means that you understand that everything and everyone in this world follows certain rules. People who can open their minds have completely understood their lives. Whether it is making money, emotions, or human nature, there are rules. As long as you can see the rules clearly, you will be invincible. The laws of business are: People are always competitive and will pay for showing off. People are always lazy and will pay for saving trouble. People are always greedy and will pay for cheapness. The law of emotion is: there are no eternal friends, no eternal enemies, only eternal interests. The rules for making money are:
Society is a scary thing. The higher you go, the more fun it is.
Society is a very scary thing. The higher you go, the more fun it is. The lower you go, let alone other things, the hell is between people. The most terrifying thing is that the lower you go, the more people there are, but the fewer resources there are. A lot of people are fighting for a small amount of resources, which is very scary. You have to understand that the poor are herbivores. Their minds are instilled with all kinds of garbage ideas, which make them firmly believe that they can survive well by hard work. The rich are carnivorous animals. Their biggest enemy is their own kind. As long as they kill a fellow with a territory, they can basically eat meat while lying down. Once they are past their prime, they may be knocked down by younger fellows, and then lose their territory and wander around waiting to die. This is the fact. The fewer the per capita resources, the harder it is for people to be simple and honest. The rich may be unkind, but the poor must be extremely evil.
The cryptocurrency world is getting more and more difficult!
A friend of mine made more than 100 and planned to sell half of it, 800,000. He sold it in the morning and the bank called him in the afternoon, asking him about the source of funds, work unit, and proof of withdrawal. If it involves U, it will be even more troublesome. The risk of freezing is very high. You may be called by your uncle for tea or even get the money for 3 years. It is difficult to make money, but it is even more uncomfortable to make money but not be able to spend it!
The hot search on Weibo was about the Japanese syphilis outbreak
I was so shocked that I clicked on it and found that the number of syphilis cases in Tokyo reached 2,460 in 2024. ...Friends, do you know that in mainland China, about 600,000 people are infected with syphilis every year? This is the number that is public, and the number of people infected by private and small clinics cannot even be counted... Tokyo has a population of 37 million and less than 2,500 people have been infected. What the hell is going on? (Not advocating promiscuity, just complaining╮(╯_╰)╭
1. The price skyrocketed at the beginning: It rose so sharply, could the bull market really be coming? It rose so sharply that I was a little afraid to buy more, so I waited and saw. 2. Continue to soar: Damn, the bull market is really here. It has risen so much that I dare not buy too much. I will buy some first to test the waters, and then add more when it pulls back. 3. The price surges to the top: add positions!! Use leverage, 200,000 is not a dream, it will be too late if you don’t get on board now. 4. The price starts to plummet: technical adjustment, add positions!! 5. Continued sharp drop: panic and sell at a loss. 6. Sustained decline: trapped for 3 years.
Getting rich doesn’t come from having money first! It comes from having courage first! ! ! !
one,
In fact, all the poor people are trapped by one thing, and this thing is called the safe zone.
This safe zone is the books you have read, the people you have met, the roads you have walked, and the money you have earned in the past.
It is the safe zone that determines your current monthly income and all your achievements today!
two,
You will find that some people are very hardworking and work very hard, but they still remain in stable poverty all their lives.
Why? Because they have always lived in a safe zone and never stepped out of it.
If you ask them to try something new, to do something they have never done before, they will be afraid, afraid of failure, afraid of being laughed at, afraid of being embarrassed.
Shocking! Bank insiders said that too many people across the country have stopped repaying their loans, and the number is scary! But no one dares to say the exact number!
Faced with this situation, banks are trying hard to communicate with people and find ways to solve the problem. They would rather let them suspend loans for two years than go through court auction! Because there are too many houses being auctioned now, the prices can’t be high, and even if they are sold, they can’t make up for the bank’s losses. House prices have been falling, and many people have lost so much that they can only cry. Their down payment is gone, and their savings are gone. What’s worse is that some people have lost their houses and are in debt, and they basically can’t get back on their feet!!! Especially for those who bought houses in 2017, the current prices have fallen below the original prices! Those who are in a hurry to sell their houses can only lower the prices. Once the sale is completed, the prices of the entire community will be lowered. People in the same community who bought their houses in 2020 and ask about the prices now may be so angry that they jump with anger when they know the current transaction prices! ! ! !
In fact, the psychological torture of cryptocurrency trading is much greater than the physical torture! ! !
I went back to zero three times, and the third time was the most painful. I was middle-aged, had no capital, had elderly parents and young children to support, and was still in debt of tens of millions! ! Everyone has experienced a breakup, no matter what the reason. After a breakup, you feel a heart-wrenching pain, a feeling of a huge rock pressing down on your chest, which will accompany you 24 hours a day. The most difficult days of a breakup may only last 1-2 weeks, but after returning to zero, this extreme pain has accompanied me for 8 months! This feeling appears as soon as I open my eyes, and it will be better during the 2-4 hours I can sleep every day! ! Believe me, you definitely don’t want to go through that kind of day. My analysis of the market may be pure nonsense, but when it comes to trading mentality, I am at the King of Glory level!
Five rules for trading in the cryptocurrency world! Whether you are an old leeks or a newbie, come and have a look, so that you can avoid detours!
1. Rapid rise and slow fall means accumulation of chips. Rapid rise but slow fall indicates that the dealer is accumulating chips and preparing for the next round of rise. 2. A fast fall but a slow rise means that the market is selling. A fast fall but a slow rise means that the market makers are gradually selling and the market is about to enter a falling cycle! 3. Don’t sell when the top volume increases, and run away when the top volume decreases. If the top volume is large, the price may continue to rise; but if the top volume shrinks, it means that the upward momentum is insufficient, so leave the market as soon as possible. 4. Don’t buy when the volume increases at the bottom, but you can buy when the volume continues to increase. A large volume at the bottom may be a downward relay, which needs to be observed; a continuous increase in volume indicates that funds are continuously flowing in, so you can consider buying.
Failure in cryptocurrency investment may be caused by the following reasons! A must-read for beginners, save it to help you avoid detours!!!
1. Lack of knowledge and experience: Insufficient understanding of blockchain technology, the principles of cryptocurrency and the market operation mechanism, and blindly following the trend of investment. 2. Severe market fluctuations: The price of cryptocurrencies fluctuates greatly, and large increases or decreases may occur in a short period of time. Investors cannot bear the losses caused by such fluctuations. 3. High-leverage trading: Using excessively high leverage for contract trading amplifies the risk, and once the market trend is unfavorable, it is easy to lead to a margin call. 4. False information and scams: There are a lot of false propaganda, market manipulation and fraudulent projects in the cryptocurrency circle, and investors are easily misled.
Great news 💥💥#MAGA Trump has the upper hand in the first Trump vs Biden debate!!! !!! !!! !!! !!! !!!
Hold this coin in July, and a $1,000 investment will easily turn into $10,000! First is the Trump-themed meme coin MAGA, which has shown great potential for appreciation. This token has attracted market attention due to the upcoming presidential election. According to reports, the MAGA token is highly sensitive to news related to Trump, and its historical high was reached after Trump was convicted. If the token can maintain this growth momentum, especially if Trump wins the election, it is expected to become a cryptocurrency with huge upside potential! ! ! As an investor, while pursuing high returns, it is important to carefully assess risks and invest rationally. Follow me on the homepage, and I will share bull market layout strategies for free every day!