After yesterday's violent washout, most of the bulls below have been cleared out, and those who needed to cut losses have done so. The remaining ones are all stubborn chips that will not surrender any further! For the market maker to push down further, the cost and difficulty will be very high. We will soon see a very violent surge! Unfortunately, countless people will fall in the darkness before dawn.

Tell why cryptocurrencies should not be bought during significant market upswings. This market is extremely emotional and magnified; none of the coins have a valuation model. Just like financial assets, stocks essentially have an anchor for their valuation: company cash flow and profitability. Coins do not have this; they are essentially a game of capital. I ask you, do you think a certain coin is worth ten cents or ten dollars? Any price cannot value it; it fundamentally lacks an anchor! The only condition to determine whether it is worth buying is emotion! Soros once said we should use the principle of market reflexivity to make money! The cryptocurrency market is the best market to utilize the principle of reflexivity! Since the cryptocurrency market is a game of capital, choosing coins is relatively simple. As long as a coin can keep up with the overall market during each bull and bear cycle, it can be bought, making it easier than selecting stocks! Controlling market sentiment is the key; the characteristics of a capital game are the properties of explosive growth and sharp declines. This also makes the market full of opportunities. The sharper the decline, the greater the opportunity! When the market is extremely fearful, it is also highly irrational; the same goes for explosive growth. To gain an advantage in this market, you must wait for significant purchases during times of irrational market fear! Use the principle of reflexivity to sell when the market is greedy. If you enter the market to buy when there is a significant price increase, you will definitely not be the advantageous side. At that moment, you become the reflexive side for others, rather than the one utilizing reflexivity! Perhaps occasionally chasing highs will make you profit, but trading is an infinite game! If you keep playing without having a cost advantage, you will definitely be the one giving away money. We must utilize reflexivity, not become someone else's reflexivity.

Don't talk to me about which coin is good! In a bull market, all coins are trash; in a bear market, buying with your eyes closed is like buying gold! Remember, in a bull market, there isn't a single good coin. In a bear market, if you didn't buy before, where will the good coins come from when you enter now?! Recently sold one-third of my coins! I'll wait until they drop to nothing before I go back in!

This round of Dogecoin has an average cost of 0.68, a total of 80,000 pieces! Recently, only a little over 12,000 pieces are left for sale. I want to say that Dogecoin under 1 is gold, and Dogecoin at 3 is just dung. I will start buying again when it goes back under 1. Dogecoin is still the same Dogecoin, and in my eyes, Dogecoin at 3 is just dung! Is Dogecoin a quality coin? 0.68 is a very quality coin, and 3 is very trashy! Don't talk to me about which coin is better! If the price is too high, it's a trash coin.

WIF has been halved, and you dare to bottom fish it. What's the difference between it and last year's hottest token, the Mingwen Longtou Sats! When the market was hot, the entire crypto world was even willing to bow down to Audi. Once the hype is over, even a tenfold drop can't be contained. Do you know what price level the project team holds their tokens at? Even though it has halved, the project team still has tens of times profit. Aren't you just happily giving away your money? At least I know the bottom of Dogecoin! 76 cents! It managed to hold on during a two to three-year bear market. But for these new, extremely popular coins, who knows where their bottom is. WIF is currently around $2.10. For example, if the project's cost is $0.02! Even if it drops 50 times, they can still make 50 times profit. Do not touch coins that have not been tested in a bear market.

Do not touch the currency $WIF that has no bottom; many altcoins only go through one cycle, and I admire you for buying them. At least after two cycles of bull and bear markets, one can know their bottom and dare to buy. Otherwise, the end result is the same as Bitcoin inscriptions. After a huge surge, if you see it halved and then try to buy the dip, the outcome will be a further 90% drop after the halving. If you think it has halved now, many inexperienced investors are already eager to buy the dip, but I believe it could still drop about ten times. Because it has not gone through a bear market for testing!

Those who didn't make money this round should not blame the heavens and should not blame the market! To be honest, this is no longer the time to enter; even if you come in, making some money is just adding blood to the blade. Poor people always only consider and solve immediate issues, like this month's rent or next month's living expenses. Rich people, and those who can make money, are always thinking about six months later, or planning for a year or two ahead. Recently, I've seen a lot of retail investors rush in as Bitcoin has surged, but to be honest, these people are extremely shortsighted; they never think about the bear market, they never consider planning for Bitcoin during a bear market. The big bear market in the crypto world is like spring; you should have been sowing seeds vigorously back then, instead of waiting until now, in late autumn, seeing people who planted in spring enjoying the fruits of their labor. Watching others reap abundant harvests, you rush in to plant, but the seasons are all turned upside down, it's like defying nature! Just as your seeds are sprouting, winter arrives. Then you complain about the market, asking why your seedlings just emerged but winter is here; you are unwilling to accept this and thus you frantically till the land in winter, crazily fertilizing! After all that turmoil, you lose all your savings during the winter. After enduring the long torment of winter, when the next spring arrives, you decide to leave this land and completely insulate yourself from the crypto world. However, it doesn't take long before countless wealth stories flood the media and reach your ears again. You rush in to plant seeds, but before long, winter returns. This cycle repeats itself; this is the fate of retail investors, as their brains are always focused on immediate feedback. They are unable to handle long-term plans and delayed gratification.

Why did Bitcoin drop to 90,000 in a very short time and then quickly bounce back? The dealer's operation method is extremely sharp. First, they quickly clear the leverage above while not allowing BTC to stay at a low level for too long. Staying too long will accumulate too many long positions! This is not beneficial for the dealer to pump the price.

If you can see the big pie with the needle, you can secretly be happy. Exchanges are not here to do charity 🤓🤓🤓.

How could a bull market allow you to easily make money with high-leverage contracts? Exchanges are not charity organizations. Just wait for more spikes in the future.

$YGG Strong currency, the surge is unimaginable

A crazy surge is about to come, the arrow is on the string, it must be released.

The traffic of all bloggers who guess the direction of the financial market and make judgments on rises and falls is surprisingly high, because most leeks only need you to give a very definite direction of rise or fall, and few people think deeply about the nature of trading.

What is the probability of you buying a 100x coin? There are currently 400 million users in the currency circle, and Binance accounts for 200 million. Among the 400 million people, the number of people who bought a 100x coin is estimated to be 4 million! This probability is already very terrifying. It is 20,000 times higher than the probability of winning the special prize of the double-color ball. Even if there are 4 million people, the probability is only one in a thousand! One in a thousand people buys a 100x coin, which means that one person in two groups of 500 people will buy a 100x coin. In the era of flat information, the spread of this myth of getting rich overnight is very fast, which will give you an illusion that you are so close to a 100x coin. You are convinced that I will definitely buy a 100x coin. Then I tell you that according to probability calculation, it is a very uneconomical investment for you to bet on a 100x coin! If you have a principal of 10,000 yuan, and you want to buy a 100x coin by taking a small risk for a big risk, you divide the funds into ten parts. The amount of each dog is 1,000 yuan, so you only have ten chances! According to the probability of winning a 100x coin in the entire currency circle, spread to your investment opportunities, your probability of winning a 100x coin is only one percent! You use 10,000 yuan to bet on a 1% chance, which is a very uneconomical investment. When investing and trading, you must have basic knowledge of probability theory and statistics, so that you will not have too many delusions. When I first entered the cryptocurrency circle, I was similar to many people who are now happy to rush to the local dog. I always felt that I was just a little bit away from rushing to the golden dog. As a result, I lost at least 200,000 yuan in the local dog! After the loss, I kept reflecting and deduced through probability theory. It made me understand that I should buy more stable currencies and let the funds grow steadily. This is what ordinary investors should do. I currently have heavy positions in only four currencies in this round, Bitcoin, Ethereum, Dogecoin, and Cardano! Because these currencies are currencies that have been verified by several rounds of bull and bear markets, it is more advantageous to buy them in terms of probability! My total funds in this round have made a profit of 2.5 times! It is a very stable growth

I waited for more than a year and finally the dog coin exploded, reaching a peak of over 80,000 coins. Recently, only about 15,000 coins are left. I sold some and exchanged for mainstream altcoins, as well as some ADA, Polkadot, and after the dog coin exploded, I might be wrong for switching my holdings! But thinking about it, exchanging dog coins worth over 2 bucks, it might still be worth it when altcoins rise together!

I tell you, Bitcoin has just begun! There is no signal of a peak at all. The off-market social platform Google search data has not shown that Bitcoin is overheating! When the crazy bull market arrives, it is basically spread by word of mouth; it is usually at that time when those around you are discussing the crypto world that it will reach the peak. Those who have seen a 20-year bull market know that this is just the beginning.

$DOGE heavily invested in Dogecoin this round and has been recommending friends around him to buy Dogecoin. Musk has been shouting about Dogecoin, shouting until his throat is dry, yet you remain indifferent! The world's richest person is waving his arms and telling you to buy some.

To invest, you must have the ability to think independently. I see that people in the square often spread that Buffett holds a lot of cash, and they think that the market is about to collapse. Based on this news, short the market. Does Buffett holding a lot of cash mean that it will collapse? Even if this reason is true, the market will collapse. Can you determine the time node, tomorrow, next month, or half a year later? Legendary fund manager Charlie successfully predicted that the bubble of Internet companies would burst half a year ago, but he started shorting half a year in advance. In the end, he used almost all the money he could use but still couldn't wait for the market to plummet, and had no choice but to announce the closure of the fund! Just one month after the bankruptcy, the market ushered in a full-line plunge, but it had nothing to do with him. Buffett and his people must make a decision based on a relatively long period of time, not a few days or weeks. Why does Buffett publish his positions every time he holds a stock? Retail investors can make money as long as they patiently copy his homework, but many people who buy stocks following Buffett still don't make money. Buffett is a value investor. After buying certain stocks, they may not rise for two years. He looks at the long-term value. Look at the time when Buffett bought BYD. BYD caused Buffett to lose money in the first two years. During the two years, he was not panicked at all. Do you have Buffett's patience! You are a cryptocurrency trader, and your capital volume and perception of time are not in the same latitude. Others can wait for market opportunities for a year with empty positions. Can you wait for a year as a cryptocurrency trader! After a year, the market has long been changed. Bitcoin may have reached its peak in a very short time, and you are still waiting foolishly for Buffett's prediction to be realized. The currency market has long gone through the bull market!