Reasons for mistakes most people make

1. Losses lead to a rush to break even; rushing to break even leads to frequent trading, and frequent trading leads to anxiety about gains and losses...

2. Even though you are making money, seeing others earn hundreds of thousands to millions can make you feel worse, wishing you could leverage to the max, only to end up in trouble,

3. After opening a position, you make a little profit and run, only to miss out on a big market move, then when you want to capitalize on the big market, you find yourself with a little profit but also a pullback, getting trapped again, repeating this torment...

Actually, all these problems can be resolved; you first need to understand the deeper reasons behind them to consider how to address them.

The most important thing in trading is the mindset, not the technique; having the right mindset enables you to survive and profit continuously.
$BTC $SOL

Can you become the god of trading? Family members

A friend of mine asked me to ask if the reef can still reach the other side.

APT

In the past quarter, Aptos' total transaction volume reached a record $3.4 billion. This figure is not only a 240% increase from the first quarter of 2024, but also a staggering 1,500% increase from the last quarter of 2023. Aptos's growth momentum is so rapid that it is hard to ignore. ​​​

$APT

Whether this wave can break through 68,000 depends on whether Ethereum is strong. It will be great if Ethereum is strong (exchange rate rises + not dragging down). If it is not strong, it is estimated that Bitcoin will still fluctuate in a channel (after all, the daily line is actually a channel opening downward). Then meme will be the main attack direction. If it breaks through 68,000, the daily line, the three-day line, and the weekly line will rise. If you say 100,000, I will believe it, and 200,000 is also good. ​​​

Whether the rate cut tonight is 0.5 or 0.25
My plan is to sell it to those who need it as planned

When BTC sprints to the 62000-64444 range
Decisively sell some coins, take profits and move forward steadily

Then wait ⌛
Patiencely wait for the daily buying point structure I mentioned to appear shopping🛍

Two plans for BTC are ready: ⬇

Plan A: ⬇
Hold above 59500 for 4 hours
Hold 58900 steadily, and the 4-hour line is still oscillating and bullish
Upper target🎯 61300-62000-64444

Plan B: ⬇
If it breaks 59500
Experienced traders can go short directly and follow the market trend

🔄 At present, the long and short competition is fierce
Trading requires precise positioning, setting stop loss, and clarifying the target position

It doesn’t look good at the moment
⚠ Be extra careful about news tonight
It is best to suspend contract trading, safety first
$BTC $ETH $SOL

He Yi: BN has no intention to control meme, the problem is that there is no hot spot now. To summarize, there are roughly three categories

1) tg small games, there are many players.

2) A large number of infrastructure projects have been listed, all of which are high-valued VC projects.

3) Memecoin is the only hot item in the market. The previous contract did follow the trend of Neiro. The community reported that meme is becoming more and more popular, so it took some time to find some projects with relatively low market value and dispersed chips to test the water.

4) For other types of projects, we also keep observing. If you think there are any projects that you think are particularly good, please recommend them.

BN is a trading platform. It will try to provide a variety of projects that the market needs, but investment is risky. I hope everyone will try to DYOR before buying and selling

Good assets are a gold mine when they fall because they are likely to be pulled back. Junk assets will also rise sharply like good assets. However, junk assets are a one-time deal when they fall. The probability of rising again is very small. There are millions of altcoins. They have risen in the bull market, but they can still rise after falling. How many have risen since 2017? Just like the real estate in Beijing, Shanghai and Shenzhen will rise after falling. However, the real estate in 18-tier counties may fall deeper after falling. Both good assets and bad assets will rise. However, good assets are likely to rebound after a big drop. Bad assets are likely to continue to fall. Never buy junk assets because they are cheap for a while because they will be even more junk. Buying a good asset is like buying a seed and burying it in the soil. It will take root, sprout and bear fruit. Buying a bad asset is like putting someone else's leftover bread in your pocket. You feel that there is still a bite, but there is someone else's saliva on it. If you don't eat it now, it will mold, rot and stink. $BTC $SOL $BNB

1. A mature trader will not give up his career just because of a temporary loss. He will not think he is invincible just because of a temporary profit. Moreover, only losses and profits are not a reasonable evaluation of trading level. Outperforming the market index is. Last year, many major indexes fell by more than 35%. If you only lost 20%, it is a profit and it is great. From the end of the year to this year, many indexes have risen by 50%. If you only make 40%, it is not excellent, but it is equivalent to a loss. This is a Weibo post from 23 years ago. It is still applicable today. Adjust your mentality to outperform the index instead of profit and loss. Make more when you make money and lose less when you lose money.
2. Earn more than the index in a bull market
But fewer than people who add leverage
Volatile markets or bear markets are to make up for it
Because at this moment, the leverage users have huge drawdowns
Far behind the index
What you need to do is to earn more than the index in a bull market
Far less than the index in a bear market
Obviously, it is not something that leverage itself can optimize
In active trading and timing, you still have to follow the following principles
Allocation balance first, industry second, company third

3. Outperform the index itself
In fact, I have basically achieved both bull and bear markets
But considering that Buffett has not entered the market for five years and has not used leverage for his entire life
I am still far behind
The longest I have achieved is to clear my warehouse for half a year and not enter the market for half a year
The longest is almost less than a year without using leverage
Then it really fits the saying
Don't be afraid of the hardships of life
Just be afraid of stopping gambling
Knowing that the market is not good, you will still end up
And you will find various reasons for yourself to end up
So what exactly was Buffett doing in the four or five years when he was not in the market
How to pay attention to the market for such a long time without participating in the market
This feels like you are a normal young man
And then you hug a beautiful woman every night and can't move for five years

Pumpfun is an innovation, but in the case of scarce liquidity, it has become more and more involuted;

There are more and more pump fun-like platforms, which is a sign of further bear market. Each round of bear market will have similar landmark events;

New innovations have not appeared in the currency circle, and the currency circle has become a gambling tool. There are local dog players and contract players everywhere. Most people will return to zero in the contract.

It is also difficult to make money on the chain. The sols on the hands of pump players have also been lost, and the community has become deserted;

Interest rate cuts are not a panacea;

Experience tells me that at this stage, I should observe more and act less;

Bitcoin is still the future, hold on to hope and survive.

Pay more attention to the big pie ecosystem, ordi sats pizza dog

sats and pizza are the coins of the same team,
ordi is another dealer, but they are all Chinese dealers
dog's dealer should also be Chinese, and is currently in a deep wash.

The name sats is taken from the smallest unit of bitcoin, "cong", and a meme was created. Of course, this meme has some empowerment, one is the gas of unisat, and the other is the gas of the second-layer network of bitcoin (this needs to be verified)

pizza is taken from the super historical event in the history of bitcoin development, "a programmer exchanged 10,000 pizzas for a pizza". This story is strong enough. It depends on whether the unisat team can do this IP well, but it seems that their sats are doing well

ordi is also a leader

dog rune leader

Then the second-layer copycat of bitcoin, stx ckb bb meirl
I don't think stx has much odds at 2.6 billion, and the fluctuation is not big
ckb exceeded it some time ago, but there was no sound from the chain, and the liquidity was also average. It depends on the wash
bb was made by foreigners, and the unlocked amount is still 80%, the circulating market value is not large, and the total market value is also 600-700 million. I am afraid that the price will not change, and the circulating market value will continue to increase.
meirl, a monster. Betting on lottery tickets

There are only so many things in the Bitcoin ecosystem at present, and the total market value is only 6.5 billion. ETH's L2 is 20 billion, not including the market value of Uni Aave Comp Link CRV MKR.

There is no innovation in this round. The "Bitcoin Ecosystem" is a relatively good hype story. Now the "Bitcoin Fractal Concept" proposed by the Unisat team is also a good hype story.

The current leader of the Bitcoin copycat is sats pizza ordi dog, and the others are mediocre. It can be seen that sats and pizza are mainly led by Unisat. They are now rooted in the Bitcoin ecosystem. It is estimated that they will at least finish the bull market in the next few years, 2-3 years.
Ordi Dog is the leader of inscriptions and runes. Meme has no market value ceiling. It all depends on the main force and the dealer.

The second-tier STX BB Meri needs to show real performance to pull the coin price, but now they have no action, and the mediocre performance of the coin price is normal.
$1000SATS $ORDI

"Big Cake Ecosystem Rebounds Strongly"

1 Ever since Master Bao, who makes bread, said that if there is too much flour, water should be added, the market has begun to rebound. Big cakes rose by 5.4%, and sesame cakes rose by 4%. Almost all mainstream cottages rose.

However, the protagonist is the big cake ecosystem. The four great kings of BRC20, ordi, sats, pizza and rats, all exploded, and sats took the lead.

2 There are two highlights of this rebound:

First, BRC20 rebounded before runes.

You can say that the dealer of BRC20 can't sit still, or you can say that BRC20 still dominates the issuance and currency standards of the first layer of the protocol.

In addition, the structure of small pictures is close to BRC20. There is no lag in the rise of small pictures in the last round.

In the morning, it was said that the number of addresses on the fractal network exceeded 10 million in a short period of time.

The army of rubbing hair is also here.

3. Whether from the perspective of pictures and coins, or from the perspective of rubbing hair, the bottom of the big cake ecosystem is likely to have passed.
$1000SATS

The bull market is here, and here comes the password for Ethereum's core narrative.

The Pectra upgrade is an upgrade that Ethereum will undergo in Q4 (if postponed to Q1 next year), and few people in the market mention it. The best target for this upgrade is $SSV , which is currently at the bottom after a round of wash-outs. Some funds have already begun to deploy this area, so the first to eat will be the first to eat meat.

The Pectra upgrade mainly upgrades Ethereum's 32 nodes to 2048, and the profit is like the track of $SSV . The merger, Shanghai upgrade, and Cancun upgrade all pulled Ethereum up by dozens of points, and it is normal for small coins to pull up several times. The Pectra upgrade is much more important than the Cancun upgrade. Everyone knows about the last Cancun upgrade, but it didn't make any money. No one paid attention to it this time, so it's a sneak attack. It is expected that this will be mentioned all the time at the recent Ethereum developer conference, and there will be many people discussing it next.

$SSV is fully circulated, with a market value of 212 million. The Ethereum Foundation's paper and technology are written into the Ethereum 2.0 roadmap. SSV code can be found in the Ethereum code base. It has been a long time since the market was washed, and few people have chips in their hands.

Expected positives:

Ethereum ETF is pledged.

Coinbese invested in SSV and listed on Coinbase and UPbit.

Funds brought by Pectra upgrades enter the Ethereum ecosystem.

The SSV token model is about to change. Staking with SSV can reduce the handling fees of people who pledge Ethereum and share network fees. (Empowerment and reduction of circulation)

SSV TVL is growing wildly. Currently, 1.3 million ETH (3.6 billion US dollars) is pledged, and it is expected to be more than 5 million ETH.

It is at the bottom at present, and it is also a valuable project. The cottage has little room for decline, and it will be several times higher in one pull.

SSV is also a strong currency. It has been pulled twice in the past two years, once 7-50 and once 11-66.

According to market news, Telegram founder and Russian billionaire Pavel Durov was detained at a French airport, and French police are searching his property. ​​​

$TON $NOT

Highlights of Powell's Jackson Hole Speech - Sending the "strongest voice" of interest rate cuts

1. Interest rate guidance: The time for policy adjustment has arrived, and the direction of policy is clear. The timing and pace of interest rate cuts will depend on data, prospects and the balance of risks.

2. Inflation outlook: Confidence in inflation returning to 2% has increased.

3. Job market: The labor market seems unlikely to be a source of rising inflationary pressure in the short term; further labor market cooling is not sought or welcomed.

4. Risk balance: The upside risk of inflation has weakened, and the downside risk of employment is also increasing.

5. Market impact: The market sees Powell's remarks as "the strongest signal of interest rate cuts so far." Spot gold's 15-minute short-term volatility reached $20, and the US dollar index DXY fell below 101. The probability of the Fed cutting interest rates by 50 basis points in September has increased

It is inevitable that the US will cut interest rates in September. If there is no rate cut, the Nasdaq will continue to collapse. However, whether to cut interest rates is no longer the most important thing. The most important thing is how much the rate cut will be and the Fed's speech will provide guidance on the future economy and the expected rate cut.

25 basis point rate cut (not much movement in the market, there may still be a drop)
50 basis point rate cut (can be exciting)
75 basis point rate cut (excited for a while)
100 basis point rate cut (excited for a long time)
The above is the market's reaction to the rate cut

The Fed is a master of expectation management. The most important thing is the Fed's speech. September is very important. I suggest you stay up late to listen. The big banks on Wall Street are very pessimistic. If the Fed's expected guidance is still very optimistic and does not develop in a good direction for the market and the economy, these big investment banks on Wall Street will take the lead in smashing and shorting!

Blowing the TON ecosystem

After BN launched dogs, the TON ecosystem has great potential. As the market prepares for a new season of altcoins, the core of the TON blockchain, Toncoin, is gradually becoming the focus.

Carefully built by the Telegram team, TON prides itself on its fast transaction speed, enhanced security, and excellent scalability. These features make it ideal for a variety of uses, from decentralized applications to secure transactions. As TON begins to gain attention, it is becoming an attractive option for investors who want to seize the upcoming market opportunities, indicating its strong growth potential

$TON

As it is now,
Gold has reached a new high, and the US stock market is still 4% away from a new high.
Bitcoin is half dead.
When gold and US stocks rise, it does not rise. When US stocks fall, it will definitely fall faster than anyone else. ​​​
It is recommended to wait for the market to plummet before entering. ​​​

Token unlocking this week

A total of 8 projects had token unlocking events this week. The details are as follows:

▪️ ROSE - Oasis unlocked 152 million ROSE on August 19, worth about $8.52 million, accounting for 2.2% of the circulation;

▪️ PIXEL - Pixel unlocked 54.33 million PIXEL on August 19, worth about $7.66 million, accounting for 7.1% of the circulation;

▪️ AVAX - Avalanche unlocked 10.25 million AVAX on August 20, worth about $210 million, accounting for 2.6% of the circulation;

▪️ PENDLE - Pendle unlocked 230,000 PENDLE on August 21, worth about $250,000, accounting for 0.5% of the circulation;

▪️ ID - Space ID unlocked 18.46 million ID on August 22, worth about $6.57 million, accounting for 4.3% of the circulation;

▪️ GAL - Galxe unlocked 10.25 million AVAX on August 20, worth about $210 million, accounting for 2.6% of the circulation;

▪️ PENDLE - Pendle unlocked 230,000 PENDLE on August 21, worth about $250,000, accounting for 0.5% of the circulation;

▪️ ID - Space ID unlocked 18.46 million ID on August 22, worth about $6.57 million, accounting for 4.3% of the circulation;

▪️ GAL - Galxe unlocked 10.25 million AVAX on August 20, worth about $210 million, accounting for 2.6% of the circulation;

▪️ On August 23, 1.01 million GALs were unlocked, worth about $4.32 million, accounting for 0.8% of the circulation;

▪️ ACA - Acala unlocked 4.66 million ACAs on August 25, worth about $250,000, accounting for 0.5% of the circulation;

▪️ FORT - Forta unlocked 2.66 million FORTs on August 25, worth about $320,000, accounting for 0.6% of the circulation.

Where do the dividends come from?

In a stable system, the distribution of benefits is relatively stable. The amount of money that people in different ecological niches should get has long been designed by the underlying social algorithm:

You can deliver food until your legs are smoking, but you can't make much money;

If you work in the real economy, in addition to supporting the bosses of industrial and commercial taxation and fire protection, you have to be sucked dry by the Meituan platform and landlords, and you will be scolded by the employees as black-hearted capitalists. If you don't do well, all the accumulation of several years will go down the drain;

You trade stocks, study Buffett, Seth, Carman, Soros and other masters every day, and work hard to make 25% in the last year, and then you can outperform 98% of people. The one in a thousand awesome people, with an annualized rate of 25%, will be in their 40s or 50s by the time they make considerable wealth, and they will have a good stomach; where is the bulk of the profit? It is all eaten up by rent seekers and all kinds of big and small ghosts in the interest chain.

You pass the civil service exam and are transferred into the system. You lick your boss' ass during the day and stay up late to write materials at night, with your hair falling out in clumps. In sub-provincial cities, less than 10% of people become department-level officials before retirement, 5% of people have some real power, and the vast majority of people end up lying flat, smooth and mediocre old men.

Under this game rule, ordinary people want to have a good right to distribute benefits, which is essentially a game of internal competition: who fights harder, who has a lower bottom line, and who can be a dog more.

Most people who play under this established rule are destined to be cannon fodder. They struggle all their lives, and most of their blood is sucked away by those who make the rules.

Where do the dividends come from? The essence of the dividends comes from breaking the existing rules:

The Tianlong people can stand on the top and lie comfortably to suck blood because the older generation risked their lives to climb snow-capped mountains and cross grasslands, overturned other people's pots, and established rules that they have the final say;

Jack Ma and Pony Ma are rich because the innovation and dimensionality reduction of Internet technology have broken the rice bowls of old-school rentiers;

To put it simply, most of the industries that can really make ordinary people turn over are industries that are not presentable or even prohibited by law. Once this industry is legal and compliant, it means that ordinary people have no chance at all, and you will find that you are full of bone-crushing stuff.

Morality, rules, and laws are all products of people who establish order in order to maintain their own ecological niche so that they can continue to suck blood from cattle and horses. They are just covered with a civilized coat to maintain stability.