Jinqunqun official account: Why bother to talk about coins

The EMA trend indicator pressure level is around 62,000. There will be a wave of pullback in the short term. After the pull, you can continue to short. There are many resistance points and strong pressure points in the market. In the short term, the short trend is obvious and the market bearish sentiment is strong.

Therefore, you can go short at highs and arrange more when you encounter effective support.

Tonight, the first stock in the universe will release Q2 financial report data. Nvidia's stock price may fluctuate greatly. The day after the financial report is released, the stock price may fluctuate by nearly $300 billion, with a fluctuation of 10% up and down. If the financial report data is not good, it will cause the entire stock market to plummet.

The crypto market will also follow. Please do a good job of risk control.

The focus of the currency circle, especially the artificial intelligence AI sector, will fluctuate greatly tonight.

My personal opinion is that the market continues to be bearish.

If nothing unexpected happens, the big cake will reach 56088.

This article is shared, personal advice is for reference only, and does not constitute any investment advice

Once you understand the truth of cryptocurrency trading, your life will be like a cheat! In the cryptocurrency circle, the real masters are not the most dazzling in technology, the key is to strictly abide by the iron market rules:

1. Don't guess the top when it goes up, and don't estimate the bottom when it goes down. Some people don't believe that Bitcoin can soar to 150,000 US dollars, because the crazy momentum of the bull market has not yet arrived. For example, 68,000, you think it is the bottom, but it suddenly fell to 62,000, and in the blink of an eye, it was 56,000.

1. For buying and selling, it is best to move 1% at a time. Why do you feel difficult when you have less funds? Experts all add little by little, the cost of trial and error is low, and there are naturally more opportunities.

2. Don't be afraid of high prices, because it is difficult to make money if you are afraid of high prices. Think about it, the cost of the main force to pull a coin is not a small amount, advertising, chips, development, which one does not cost a lot of money? They have to make several times or dozens of times before they are willing to let go.

Yesterday, the market broke through the support of 63,000 in the early morning, and the market continued to fall. The current market weakened again. In the short term, we should pay attention to the continuation of the short position. From the current daily trend structure, the market has formed a correction action at a high level after the previous stretch. There is a turning signal in the structure, and we must respond flexibly! There is a gate-drawing performance in the 4-hour trend. After the previous high, it continued to fluctuate and then slowly fell. The currency price continued to fall, causing the Bollinger channel and the moving average to extend downward. Therefore, in the short term, we should pay attention to the continuation of the short position, and the operation is mainly rebound shorting.

Investment probability and risk management: If your investment success rate is 60%, and you set the take-profit and stop-loss points for each investment to 10%, then after 100 consecutive investments, the theoretical overall rate of return will reach 300%. This model emphasizes the importance of setting reasonable stop-loss and take-profit points to maintain long-term profitability.

How to keep profits in the cryptocurrency circle?
After buying a currency, if you earn more than 10%, we should start to follow the principle of capital protection (if it falls to the purchase price later, sell it immediately and unconditionally). If you earn about 20%, then you must make at least 10% profit before selling. In order to maximize profits, when you earn 20%, you must not sell it unless your profit falls to 10%, unless you have the technology to determine the stage high point.
Similarly, if you earn 30%, you must sell it unconditionally if it falls to 15%. This principle is that there is no technical judgment of the high point, so that the profit retracement can help you roll the profit

The overall flight situation did not fluctuate much over the weekend. Bitcoin first rose in the early morning of Saturday, and rose to around 65,000 in the morning. Then it has been fluctuating at a high level. The lowest point during the period was around 63,500 in the early morning of Sunday. It rose again to around 65,000 this morning and was under pressure!

Bitcoin: 623OO/621OO, loss 616OO, target 655OO/665OO

Ai Tai also rose in the early morning of Saturday, and reached 2799 in the morning. It rose again to 2,820 in the early morning of Sunday, and then fell back to around 2,730 and fell into fluctuations. It fell back again to 2,717 after encountering resistance this morning!

After CZ made Binance big, he was harvested.
After TG made Airplane big, he was harvested.
After XRP and Ripple became big, they were also harvested.

New users may not know much about it, but many old Filipinos should know, especially those who came in 2017. XRP has been entangled in lawsuits for many years. It was also because it became big that the SEC made it up on trumped-up charges. After being screwed, XRP has been at a bottom of around 0.1 for more than 6 years, and it is 0.6 today. People who bought it at a high price have no hope of getting out of it. I believe that if it becomes big again in the future, it will be screwed again.

These are all trumped-up charges, and you still have to accept them.

So after becoming big, you will face the point of being harvested.

🚀💥 Can XRP really reach $1,000?

Here’s the truth! 💥🚀

XRP has been a hot topic in the cryptocurrency space since 2017. But can it really reach $1,000?

Let’s be realistic: To do that, XRP’s market cap would have to reach $100 trillion — almost as much as the entire global economy

Attention!!!
Big things are coming!!

At 22:00, Bao will speak.

The market has very high expectations for this speech, which is no less than the last meeting!

Tonight's speech may lay the foundation for the interest rate cut and rate hike in September.

If the meeting reappears with vague statements or hawkish stance, it will undoubtedly hit the market's buying confidence hard.

There are only two results:

First, interest rate cuts, no matter how much, will effectively boost the market, buying confidence will return, and expected speculation will rise immediately, pushing the market to a bullish trend until the interest rate cut is settled.

Second, if there is no interest rate cut, the market may face a severe test for three months. The monthly trend may indicate a deep adjustment. Investors may need to adjust their strategies and wait for the opportunity near the midline of the monthly line.

Tonight's volatility must be very large, and the possibility of heaven and earth needles is even greater.
For those who still have orders, they should lose money if they should, and there is no point in carrying them.
Loss is always better than liquidation! !

The legendary journey of Eric Finman, the world's youngest cryptocurrency millionaire

At only 19 years old, Eric Finman has already become one of the world's youngest cryptocurrency millionaires. He holds 403 bitcoins, which are worth up to $2.8 million at the current exchange rate. This is not just a number, but also a testimony to his wisdom and courage. At that time, Finman was only 12 years old, an age when many people were still playing in their childhood, but he had already embarked on an extraordinary journey of cryptocurrency investment.

The $1,000 that was supposed to pave the way for his college dream was kindly handed to him by his grandmother. But Finman made a shocking decision - to invest the money in the then mysterious cryptocurrency market instead of traditional education savings. This decision may have been regarded as heresy at the time, but as time went by, it proved his foresight.

It has been a 16-game winning streak this week, and it is still on a winning streak. Some people say that there are 800 directions a day, but there is no way. Dear speculator friends, the shipping conditions this week are so range-bound, and you can only do it back and forth.

Today, Friday, whether a black swan will appear, currently it will not appear in the Asia-European market. It may appear during Lao Bao's speech in the evening. For the time being, the current range of the market is in the 2000-point range of 61500-59500. So I still have long orders near 60100, and my target is still 61300-61800.

From the current trend, the overall price trend is fluctuating upward. Last night, the Duo orders of Bitcoin and Ethereum also made good profits!

From the current trend, the bottom support has been significantly raised during the fluctuation process. In addition, the market's expectations for the September interest rate cut have reached their peak, and with the entry of funds from large institutions after the interest rate cut, the market is bound to rise. In the future, we will give priority to falling back to low and long.

The future is so bright and beautiful, I don't want you to fall down at this moment. If the market is fast, it will be at the end of the third quarter, and if it is slow, it will pick up at the end of the year. Some miners have already surrendered, and most participants in the market are losing money. Don't be forced to leave the table, don't complain about the world, prepare for the last battle, and make full preparations.

If you fall in the dark before dawn, then the night will never go away. If you survive, it will be a bright future, a bright future, and huge returns, which will give you unlimited comfort and freedom.

Brother, I hope you can withstand this storm.

1. We should attach great importance to projects whose coin prices have reached 9-month, 6-month and 3-month highs, which means that the funds are very patient and are buying chips.

2. Eliminate the altcoins that appeared before October 2021. Listen to me, it is an absolute truth to speculate on new rather than old. Let those timid ones play with old coins.

3. Many tracks that are repeatedly mentioned on Twitter may not be really recognized by funds. At least this is the case in many cases.

4. If you are not a professional trader and are not good at short-term trading, it is also a very good way to choose a few good targets and leave them alone. Not everyone can make a million by trading, and no one can make a lot of money casually. If you have a large capital, just ignore what I said.

5. If you want to get high returns, don't hold a large position in the top 30 coins by market value. It can serve as your ballast, but you should boldly bet on those coins with potential. At least there should be coins with a return of more than 10 times.

The OTHERS.D index (the copycat index after removing the top ten) usually falls out of the big bottom in the bear year, and then falls out of a secondary bottom in the year of halving, and then officially starts.
The two secondary bottoms in 2016 and 2020 took 5 months to complete. We are currently in the construction of the third secondary bottom, which is also running to the 5th month.
For the future market, do you think it will completely return to zero? Or will it be like the previous cycles, after the big wash makes people desperate, a big market will be brewed?
Always choose the latter, which one do you choose?

Aave has risen sharply in the past few days, which reminds me of an old story.

It was in the second half of 2020, the early and middle stages of DeFi sunmmer. Because I have been tossing around in the currency circle and can understand the rare industry knowledge, I wrote an article about aave. After writing it, I went to buy some aave tokens, which were still called ethlend at that time.

I, a grassroots person, speak the slang of the low-end population. I still use my own notepad. My colleagues taught me to use note-taking software, required me to produce several articles every week, and personally helped me to revise the articles and title them. It was very regular. Maybe people who came out of the Internet circle at that time were still full of industry jargon and exclusive terms such as "Ahaha moment", and everyone thought it was very professional, and so was I.
But I am really not the material for writing articles. I am a gambler who is full of "all-in", "rush for me", "buy which one" and other rhetoric. Naturally, I can't enter that circle, write that kind of article, and I don't have that kind of thing in my body.
But luck is on my side. After buying the coin, it started to rise. Gradually, I became inflated and thought that I, a grassroots person, could do it. After seeing more of these things happen, I no longer feel inferior and I think it’s good to be myself and there’s no need to envy others.

The growth of old DeFi currencies is amazing!
On August 22, some old currencies in the DeFi field continued to rise, which is crazy!
$AAVE rose 5% in 24 hours, 25% in the past week, and nearly doubled in three weeks. In addition, there are a lot of good news about AAVE on social networks and media. What is hidden behind this?
$CRV is not to be outdone, rising 2.37% in 24 hours and nearly doubling in three weeks.
$UNI rose 10.9% in 24 hours, which is an amazing increase.
$MKR rose 4.56% in 24 hours.
The DeFi market is changing rapidly. Is the rise of these old currencies a short-term craze or a new opportunity? Let us wait and see.

August 22, the currency circle knows early:

1. BTC 4h has not rebounded yet, and the intraday fluctuations will be relatively large in the short term. Pay attention to risk control.

2. ETH ecological projects have begun to recover, and ETH has recently reached a record high in on-chain inflation. It will continue to adjust in the short term! A large application ecosystem is needed to activate the ecosystem.

3. SOL is in normal adjustment. The longer the time, the greater the future prospects.

4. BNB ranks fourth in market value and is not to be messed with. It has tried every means to increase the price. It currently exceeds the market value of its opponents by 20%, with various empowerments, airdrops, etc.;

5. ZachXBT: McDonald's official Instagram is suspected of being hacked and used to promote Meme coins;

6. FTX: The restructuring plan has been voted in favor of all categories of creditors; compensation to users is expected to exceed 10 billion US dollars;