Currently, even spot trading is not recommended. I believe everyone is very uncomfortable watching their assets shrink every day. It is best to change to USDT and temporarily put it in current financial management. If you really want to play, short the contract and try to get ten times.
At present, the price of dogecoin is around 3.0. Without going into too much detail, many people are unwilling to let go of their holdings. For example, in 2021, Bitcoin rose to 0.7 at its highest, and then fell to 0.08 like a flood, a drop of more than 800%.
At this stage, even spot trading is not recommended, because there is a high probability that it will fall tomorrow. If you really want to try, you can buy short with 10-20% of your funds. Once it falls below the 3.1 line, there is basically no way back, and there is a high probability that it will fall sharply
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From now until the 25th before Christmas, it is estimated that the market will show a continuous downward trend, and it can even be said that buying spot is also an unsafe behavior.
It is recommended to spend 80% of the cash on hand to store USDT to hedge against risks, and 20% to buy coins that one believes are at a midpoint or at the bottom. For example, Bitcoin, if the price drops to 95,000 or below, that would be a good entry point, and one can buy in batches at lower prices. But be careful ⚠️ absolutely do not use contracts; holding spot is the safest option. Ethereum is expected to drop below 3,000 points, with no obvious upward trend. In the market wave of December 2021, Ethereum first rose to a historical high of 4,871, then dropped to 880 over a period of six months, a decline of over 600%. With a three-year cyclical pattern, I do not recommend anyone to currently take over ETh.
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You can buy in batches and start with a short position.
(1) When it reaches 0.3100, buy 20% of the spot
(2) If it falls to 0.25, buy 20% of the spot
In the worst case, if it falls below 0.2 and between 0.1-0.2, buy 30% of the spot. Do a good job of risk prevention and control, cherish life, and follow the principle of contracts. It is recommended to hold it in the short term until 0.45-0.5 and leave
Yesterday I posted to tell everyone that if you are trading contracts, doge guarantees forced liquidation below 0.36, the lower the better, and PNut guarantees below 0.5. Many people confidently believe that doge will not fall below 0.38, and PNut will definitely stretch around 0.9. This is a kind of conventional thinking.
Currently, we have been in a state of loss for the past few days. As I mentioned before, if you don’t hold positions or hold fewer positions, and buy more spot, you won’t be afraid of liquidation. If you find the right opportunity, you can even directly leverage a wave at a low position. Generally speaking, after a big drop, there is a big rise.
Today I do not recommend everyone to buy coins; you can observe the situation, as it may continue to drop.
Analysis of two mainstream coins, one for short-term and one for long-term holding ideas
$BTC short-term Bitcoin is completely not recommended for everyone to enter at this stage. Watch before the 25th; if it falls below 100,000 and reaches between 98,000 and 94,000, you can enter directly and ride the increase to 102,000. If it does not fall below 100,000, then there is no need to consider this coin.
$SOL long-term
Solana, as a mainstream coin, can be an objective for long-term holding. The current price is 215, suitable for those planning to hold for more than 2 years for long-term investment. The expected return rate starts at least 500% (1,000), and the actual return may be even more exaggerated.
Never think about making quick money, and don't envy those who make money from contracts in the square. Keep a calm mindset, don't let your inner demons control you, and you will already be ahead of 90% of people. Naturally, you will be able to be the one who reaps the rewards, rather than becoming fodder.
At the same time, when you make money every day, make sure to exit the market quickly; this is the most important thing. Don't think about holding on to see how much more profit you can make. Even if you only use spot trading and make a 3% increase on a principal of 2000u, it will grow larger like a snowball, all while keeping risks at their lowest. This is the optimal solution.
When you are not disturbed inside, minimize or avoid using leverage, do not follow blindly, and identify your entry points accurately, then there will be no problem.
Always pay close attention to risk assessment, and constantly remind yourself that the real enemy is not those market makers, but your own inner demons. With patience, you will surely succeed in overcoming them, and you will already be on the path to success.
1. Currently, for new coins launched on Binance, avoid trading them unless within the first 10 minutes of market entry; the probability of a drop is high, and it's not worth engaging in such clearly losing trades.
2. Over the next couple of days, there are several directions to consider:
Investment Type:
1. Doge is currently available for trading with contracts, choose your leverage (but don’t set it too high). Ensure that your margin can maintain a risk of liquidation below 0.36; the lower, the better. During this period, don't worry about fluctuations; plan to exit directly on April 1st.
2. PNut is currently at the 1.00 level. If you are looking to open contracts, it's advisable to keep the liquidation price at 0.5. Although the lowest point this month is generally around 1, there’s a risk of being harvested by those overly confident that it won't drop below 0.8. Exiting precisely when it reaches 1.1 is the best strategy.
Stable Type: (Only buy spot)
3. The spot mentioned above for $DOGE and $PNUT should also exit accurately at the two points I mentioned, with basically no risk.
4. Eth, I recommend buying in spot; on the 25th, there is a high probability of a wave that will continue to rise and return to 4100, but recent fluctuations are significant, making leverage unsuitable. Aiming to capture the rise in spot is sufficient. Estimate a number yourself; exiting around the 4000 level is advisable.
After more than 1 year or almost 2 years of exploration, I have grown from an initial starting capital of 1000u to about 100,000u today. Although I may not make much compared to others, I have summarized my experience and believe that the reason why I can make a profit is due to the following methods
(1) The maximum leverage is 5 times, and the amount invested always accounts for 40% of the total funds
(2) The remaining 60% of the funds are used for spot trading, buying on dips, setting a preset limit, and then selling at high points
(3) Be sure to use coins that you are familiar with. Unless the price of the coin is extremely low and suitable for bottom fishing, it is not recommended to use leverage. In spot trading, you must not borrow, just 1x, choose to buy at a low point, if there is no low point, it is better not to buy
(4) When a new coin opens, the same city recommends spending 10% of the total assets to buy it, which can generally increase by more than 30%. At the same time, sell it as soon as possible after the 15-30min heat is over.
(4) Watch the market once in the morning and evening, set a reasonable range, you don't need to spend the whole day on it, set a stop-profit range in advance, and you need to have a strong mentality to defeat it
This is a set of methods I have summarized so far, which can be strictly implemented, otherwise you will always be the one who is trapped.
Come on, accumulate little by little, don't rush.
The best measure is to find some people to communicate with every day. Although the daily increase may be only 5% at most, with the promotion of long-term compound interest and low risk, you can definitely ensure that you will not lose money in the currency circle, and you can also make money
In fact, it is a battle with the greedy demon in your heart. As long as you defeat it, no matter it is a bull market or a bear market, rising or falling, others are washed out and liquidated, you will always be the one who laughs last, instead of who laughs the loudest, who seems to make a lot of money by opening 50-100 times leverage, but in the end it will definitely be returned in other ways.
Brothers in need can follow me. I usually post some currency price decline routes. I have been doing this alone for several years. I think it is better to share happiness with others than to enjoy it alone. I will take everyone to enter the market step by step to make money. I hope everyone can earn the maximum profit with low risk.
Let me tell you, those so-called mentors, who create fee-charging groups and pull you in, have a large part of the reason because 90% of ordinary people cannot make a profit through this, especially those so-called mentors. They themselves cannot figure out whether the currency will go down or up next, but they can figure out that you will listen to them and pay the money. In the end, even if you lose money, you can get rid of the responsibility.
Is there a so-called business that is sure to make money? Of course there is, that is to recruit so-called "students", let them bear the risks, and eat the profits themselves. To be honest, you can't make any money at all with a fee of 399u a year. As long as you complain, those mentors will kick you out. What can you do?
So in reality, don't join any so-called fee-charging groups, and adjust your mentality. First, look at the high and low positions of a currency, and simulate investment at the same time, and slowly get familiar with the high and low positions of this currency. Once you have that feeling, you can start to get started slowly.
There are a few things you need to pay attention to
1. The newly launched pengu coin is a big pit, don't guess, the subsequent price will continue to fall.
2. At present, most of the coins are in a state of decline, which is also an opportunity. Among them, punt and doge coins are currently at a historically low price, suitable for everyone to buy at the bottom
3. ETH can also be bought in the price range of 3800-3900, and spot is recommended. It is expected that there will be another substantial increase to more than 4100 before December 25, with a profit of about 2%. Everyone can seize the opportunity
PNut is currently at 1.0020. My advice to you is to buy it, but there are a few details.
1. Because of the continuous decline, although it is at a historical low, there is no upward signal at this stage, so it is not recommended that you go directly to the contract. You can use 50% of the money to deposit spot first.
2. After three consecutive upward channels, you can open 5-10 times leverage, wait for PNut to reach 1.1, and leave after 2-3% late. These are opportunities again and again, I hope everyone can earn profits from them
Dogecoin is currently at 0.383, which is a good place to buy now
1. Conservative type, buy in spot, and sell after it rises to 0.41, about 1-2 days, profit 4%
2. Aggressive type: leverage 5-30 times, sell after it rises to 0.41, and the profit is about 10-30 times. Note that the forced liquidation price is set at 0.36 for the safest. At present, the lowest price in the past ten days is 0.375 on December 11. As long as the forced liquidation is at this line, it will definitely rise back
If everyone knows that Trump and Musk will set up the Government Efficiency Department on January 20, and they all rush to buy doge, will this coin still soar as people originally imagined?
It is recommended that you do not invest all your funds in Dogecoin, as it may become a weapon for the banker to harvest retail investors. It is a better choice to wait for Bitcoin to fall back below $100,000 and buy it back.
Teach everyone how to ensure that large withdrawals do not lead to account suspension to the greatest extent possible.
1) When selecting merchants, be sure to choose those that have been registered for more than six months, and those with a transaction rate of over 99% are safer, which greatly reduces the possibility of getting involved in money laundering.
2) Create another Alipay account using a different phone number, and it is recommended to keep the amount under 5000 for each transaction. Let the merchant transfer the money into this account, and then transfer it to the main account through the small account.
Today's Market 1) BTC is suitable for shorting around 105000, opening 5-10x leverage is relatively safe, expecting fluctuations to 96000-98000.
2) ETH is suitable for shorting after encountering resistance at 4000-4100. Remember to act precisely when the time is right.