First, we must keep our principal at all times. No market is worth our while. If we don’t have our principal, no matter how good the market is in the future, it will have nothing to do with you. Second, control the investment of funds and never borrow money. When speculating on money, don’t affect your own life just for the sake of speculating on coins; thirdly, if you are a short-term trader, then just look at market sentiment and don’t look at complex indicators. The so-called subject matter is telling stories, and who is being compared. The story is more promising, whoever draws the bigger pie; fourth, the subject matter needs to match the technical aspect, and the two should be combined. When good news comes out, we first need to look at the shape of the currency to confirm whether the hold-up above is serious or not. The biggest benefit is an increase without benefit, and once the benefit comes to fruition, it is the time to ship goods; fifth, you must divide your positions when speculating in currencies. The market is never short of opportunities, and operations with full positions are also very passive, which not only reduces opportunities but also affects Mentality; sixth, learn to wait. A qualified currency trader must learn to control his hands. When he reaches a certain level, the first thing to do is to control his hands and not trade for the sake of trading; seventh, the essence of trading It’s just to make money, so you must wait until the buying point of your own model appears before trading. Waiting is also a part of trading. Don’t deny your model just because of one or two mistakes. There are no absolutes in the world; eighth, the formation of a trend does not happen twice a day. The weather cannot be changed in a day or two. Let’s go with the flow. When we eat fish, only the fish body is enough;

Level 1: New to the currency market, ambitious and full of passion! Go big with the 1000U dream. Level 2: Obsessed with buying and selling every day, and firmly believe in the words of big V. Level 3: Gradually I feel that money is not so easy to make, I lose more and make less, and the words of a big V are not that effective. So I started to learn to analyze the news, but later I found out that it was all a trap, and I began to doubt value investing. Level 4: Evolve from Xiaobai to Leek, start analyzing currencies and study technical indicators. Slowly you can make a small profit, but most of the time you lose money. The long and short term are intertwined, and the operation is chaotic. The more I know, the less money I have, and I start to doubt myself. Level 5: New leeks become old leeks. They begin to have their own understanding of the market, but at the same time they fall into new confusion. They tend to make assumptions about themselves, how to do things, and how to make mistakes. Their mentality gradually collapses. Level 6: Through constant practice, I have figured out my own trading model. I can already make less money and lose less, and slowly control my mentality. Level 7: No longer look at any technical indicators, start looking at the "potential", the rhythm, the emotion, and slowly find out your own "Tao". Level 8: You have your own unique trading model, strict discipline, you have coins in your hands but no coins in your heart, there are no big fluctuations in your heart, and you can advance and retreat freely. Level 9: No longer obsessed with the currency market, treating the currency circle as a fixed-profit investment place, and most like to study narrative and philosophy. At this time, I have understood that investment is the principle of life! Level 10: Nothing is everything!

The last nine things you don’t want when it comes to financial freedom in the currency circle. First, don’t let people around you know that you are speculating in currencies. There are many reasons, and those who understand will understand. Second, don’t let others know how much money you make, and don’t post income and asset charts to avoid unnecessary trouble. Third, don’t post about your wealthy life in your circle of friends. Except for your close relatives, no one wants you to live well. Showing off can easily lead to jealousy. Fourth, after acquiring a large amount of wealth, keep a distance from the people you originally knew. After reaching financial freedom in the bull market of 2013, 2017, or 2021, the first thing many big names in the cryptocurrency industry did was to resign, and they never worked again. The second thing is to delete all the people I knew before. Fifth, don’t touch gambling and drugs. Gambling will destroy people on a psychological level, and drugs will destroy you on a physical level. Sixth, don't call people stupid, peace is more important, anger will affect your wealth. Stay away from trash people and people who consume you. If you have any disagreements, just block them and delete them. Adding more punctuation marks is a waste of time. Seventh, do not take the initiative to do good deeds, do not pity anyone, let go of the complex of helping others, and respect the fate of others. Just be yourself and let the rest take its course. Eighth, don’t make random investments in areas you are unfamiliar with. People cannot make money beyond their knowledge. Ninth, resolutely do not start a physical business unless you do it for fun and not for the purpose of making money. In the current economic environment, brick-and-mortar entrepreneurship has a narrow escape.

$BTC - Binance vs. SEC hearing today + FOMC rate decision on Wednesday. Both events will affect the entire market.

$ARB - 50M $ARB Ecosystem Incentive Program approved today. This may put less selling pressure on ARB, but incentives are critical to Arbitrum's growth.

$FXS - Frax V3 went into review a few days ago. If the review goes well, the Frax V3 should be available soon.

$DYDX -dYdX V4 is expected to be released in the near future. It is rumored that the new iteration will introduce a revenue sharing mechanism to share revenue with $DYDX holders.

When the market is bad, I stop reading and don't care. When the market moves up, I hesitate to pursue it or not. After repeated hesitation, I chased in and was cut off when I reached the top of the mountain. It reminded me of what many fans often said to me: I will come back to play when the bull market starts to rise. There are two problems here:

1. When is the bull market, do you know? Is there a time when the alarm clock rings and the bull market begins?

2. The bull market comes quietly. By the time you find that the bull has come back, the price has actually risen a lot. At this time, there are only two ways to stay in front of you.

There are opportunities only when the market fluctuates, whether it is a sharp rise or a plunge

The only thing that is certain about the current market is that there is an end to the rise. It is not like the bull market. You cannot judge the end of the rise. When encountering a skyrocketing currency, it doesn’t matter if you miss the rise. Don’t be FOMO, be patient and wait for short selling.

Some people say, what should I do if I can’t catch both the long and short positions? Then take a rest. If you don’t lose money, aren’t you making money?

You must do something that you can understand, and if you catch it, do it hard! In such a market, a big opportunity will only appear once every month or two. If you seize it once, you will make more than you can make in a year of hard work.