Making contracts is like an experienced hunter, always waiting for the prey to appear. When the opportunity arises, one must pull the trigger bravely. Of course, a stop-loss line must always be set. Dharma often says to stop loss! There's no trick to it; it's the secret to surviving in the long run. It sounds simple, but it's hard to achieve. Although there was no damage from a crash earlier, when a quality point came out at 9 PM last night, I didn't pull the trigger. Note this lesson. Keep summarizing and strive to do better next time. Keep it up! #加密市场反弹 $ETH
Seeing the wailing of the crowd in the square, I expressed my sympathy. Bodhidharma had said long ago that a stop loss line must be set in any situation. If everyone had this habit at that time, we would be safe now. Alas. No one listens to my earnest advice. I follow the resistance every day. When will it end! #加密市场回调
Bitcoin and Ethereum are having a second test in less than 12 hours, that's really something. Can you guys hold on? #美联储放鹰 #US stock unemployment claims are lower than expected
When Bitcoin and Ethereum are adjusting, contract altcoins should try to minimize resistance against long positions, otherwise it may directly cause a surge. #美联储放鹰 $BTC
You are using the trend, but the trend is also using you. You need a pair of wise eyes and a good mentality to control the trend. Emptiness is color, color is emptiness! #美联储放鹰 $ETH
To make the contract well, risk control is the lifeline, and sometimes you have to be a little tougher on yourself! If you miss the opportunity, you just miss it. Strive to do better next time. Keep it up #美联储放鹰 #加密市场回调
Dharma writes some insights every day, not to boast or attract attention, but with one goal: to hope that he can try to achieve the unity of knowledge and action. No one is a saint; everyone makes mistakes. The only way is to reflect and summarize to reduce the frequency and cost of making mistakes. #币安Alpha项目公布 #Dharma's Mind Method
Yesterday, Dharmakaya said that a 25 basis point rate cut by the Federal Reserve is highly likely and meets expectations. So why is Bitcoin adjusting downwards? It is mainly influenced by Powell's speech. The first point is that the pace of rate cuts in 2025 will slow down, and another point is that the Federal Reserve has no intention of holding Bitcoin. Additionally, the Nasdaq also adjusted downwards by 3.56%. These are the main reasons. However, the overall direction is not a big issue. $ETH #圣诞行情预测 #美联储降息周期
When Damo looked at the market earlier, he said that MEME might have receded, and he cleared out his meme coins at that time. After reading this information, maybe you will understand it better. Those who have some meme coins should think carefully. Of course, the decision is up to you. The next stage should be coins that have real value and stories to tell. Damo will continue to study spot and contracts, come on! $ETH #币安Alpha项目公布 #美联储降息25个基点
Dharma reminds that under significant events, at 3 AM tonight (Beijing time on December 19), the Federal Reserve will announce its last interest rate decision for 2024. Generally, during significant milestones, Dharma recommends opening positions with light leverage for trial and error. Today's Bitcoin movement is also normal, as many large funds are seeking refuge. This evening, I dare to suggest that, combining with the financial reserve requirement reduction policy of Dongda, a 25 basis point rate cut by the Federal Reserve tonight is highly probable. #美联储利率决议即将公布 $BTC
#BTC再创新高 #ETH再度冲击4K Damo has been empty for two days, last night he opened a small order to try, and a day's living expenses came in. Sigh 😮💨 Our family doesn't boast, no one pays attention. Damo is truly real. Believe that without accumulating small steps, one cannot reach a thousand miles; without accumulating small streams, one cannot form rivers and seas! Keep working silently. Come on, brothers. $ETH
Another innovative sentence about fear and greed summarized and practiced by Bodhidharma is a tribute to Mr. Ba. When others are greedy, I am more greedy; when others are fearful, I am more fearful. This sentence sounds more speculative, which can be applied to the market of altcoins and the hot topics of the next-door A-share market. Brothers, think about it carefully and see if it will become clear. I will also explain the specific logic slowly, don't worry. Emptiness is color, color is emptiness, there is no absolute right or wrong, and things are ultimately a word of "nothingness", it depends on how you use it. #比特币战略储备 #ETH再度冲击4K $ETH $ETH
The overall market on the weekend is quiet, and trading is not very active. On Sunday, Bitcoin led the market, reaching a high of 106.6K at 8 AM, and it has remained around 100.4K since then. Ethereum followed Bitcoin, also reaching a resistance level of 4025 at 8 AM. The entire altcoin market has not taken any following action. All funds are waiting for Bitcoin's direction. Brothers, be patient and wait! $$BTC
Damo believes that while others are greedy, I am fearful; when others are fearful, I am greedy. This can only be applied to value investment targets. Looking at our cryptocurrency space, the only one that can be used is Bitcoin, and Ethereum can only be used with difficulty. Just like the big A next door can only be used on our Moutai, if applied randomly elsewhere, it will not achieve its purpose and will always raise doubts about the value of this statement. The specific logic will gradually come, so don’t rush. Brothers who are interested can discuss in the comments section.#BTC再创新高 $BTC $ETH
In recent days, it is evident that the entire market has become quite quiet, with only a few altcoins making breakthroughs. Bitcoin is hovering around 100,000, while Ethereum has started to show some signs of weakness. The meme coins are truly retreating now. Currently, I have a 6-layer position, most of which is in Bitcoin and Ethereum. Other altcoins are less than a 1-layer position. All contracts are short and I take profits whenever possible. The rest is left to time. Once we get through this quiet month, there will be light at the end of the tunnel. Looking forward to the big bull market in 2025! #纳斯达克100指数宣布纳入微策略 #BTC重回关键位置后走势
#BTC重回关键位置后走势 Since Bitcoin reached a high of 99,000 on November 21, it has hovered around 100,000 for 22 days now. The price around 4,000 has also faced persistent resistance. With Christmas approaching in the U.S., the longer this lasts, the more unfavorable it becomes. If it doesn't drop, it can only decline by moving sideways.
The Dharma Principles of Contract Trading - The Lifeline of Stop-Loss
I have been trading contracts for many years, repeatedly experiencing both gains and losses, going through several liquidations, until I finally realized that it's crucial to have a stop-loss at all times to gradually achieve stable profits. Of course, the stop-loss varies over different time periods and needs to be subdivided; the following articles will explain this in detail. Brothers, please pay attention to this so you don't lose track. 😁 Lastly, I want to emphasize that no matter how much margin you have, if you are deeply trapped, even with plenty of margin, it will eventually drive you to mental collapse, and in the end, it will all be in vain. Stop-loss is our lifeline. This is the secret to surviving in the market and the best defense. #BTC重返10万 #美联储12月降息预期上升 $ETH
The updates are a bit slow, I hope the brothers can understand. During the day, the big A has positions and often needs time. Last night, the U.S. November adjusted CPI index met expectations, and Bitcoin and Ethereum rebounded accordingly. The younger brothers also followed with a rebound. To summarize the operations of these past few days, I liquidated my contracts at 9 PM on December 9, avoided the crash at 5 AM, and since then have not held any positions. I only held a small long position until yesterday and made some minor profits. Defense is a double-edged sword; sometimes, there is no choice but to lose profits. If you want to go far, you must survive for a long time; only steady compounding will allow you to go far.
Damo reminds you that the US November seasonally adjusted CPI will be released at 9:30 pm. Try to open fewer large contracts during this period. If you want to open a contract, wait until after 10 pm. You still need to pay attention to the uncertainties that should be avoided. $BTC #BTC投资案未获微软股东同意
Damo writes all original content, not copied from anywhere. He writes a little every day just to record his journey of self-reflection and continuous improvement. I know many friends like technical analysis and fundamental analysis, both in the cryptocurrency world and in the stock market, but those who get deeply involved in these often struggle to make good trades. Damo has gone through this too; the previous approaches often led him astray. After learning the principles, Damo realized that trading could be like this. Let me ask: The first sentence, particularly famous, is a quote from the old master Buffett -- 'Be fearful when others are greedy, and greedy when others are fearful.' In which stages is this applied? The second sentence, 'When others are greedy, I am greedier; when others are fearful, I am more fearful.' Where is this applied? What do you brothers think? Feel free to discuss in the comments. $BTC $XRP #加密市场回调 #市场回调抄底还是观望?