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# PI Network Remember! Trade Correctly!!!

The process for Pi to be listed on exchanges in Europe is roughly divided into several steps:
• First, there is the depositing time (if you already have tradable Pi), then there is the collective bidding (you can place orders in advance, but there will be a final matching), and finally, the opening (official trading). During the 5 minutes before the opening, there will be risk controls on limit prices and position amounts.

If you have 500 USDT and want to buy Pi, you can:
1. During the collective bidding (February 20th, 15:00-16:00 UTC+8), you can place a limit order, for instance, buying 15 Pi at 20 USDT each, costing 300 USDT. If the final collective bidding price is less than or equal to 20, this transaction will be completed; if it is above 20, the order will not be executed, and the money will be refunded.
2. After the opening (starting at 16:00), use the remaining 200 USDT to decide on incremental entry based on market changes, avoiding exhausting your funds all at once. Don’t chase after a sudden spike to avoid being harvested.
3. Take profit and stop loss: If Pi rises to 30+, you can sell part of your holdings to lock in profits; if it falls below your set stop loss line (for instance, 15), you can appropriately reduce your position or even liquidate it entirely, don’t hold on until it goes to zero.

Please note:
• There will be significant fluctuations in the early stages of listing, so don’t bet everything.
• In the last 5 minutes of collective bidding, only limit orders can be placed, and orders cannot be modified or canceled.
• There will be price range restrictions on buying and selling within 10 minutes before the opening on the exchange, so don’t be surprised if you can’t place orders at odd prices.
• Any off-market rumored prices are unreliable; you must pay attention to official announcements.

Core Idea: Build positions gradually, set take profit and stop loss, and don’t risk all your money at once. The market changes rapidly; maintaining a calm mindset and acting within your means is the key principle.

The peaks are like a gathering,
The waves are like anger,
The road to Tongguan lies within the mountains and rivers.
Looking towards the Western Capital,
Thoughts are hesitant.
The places where the Qin and Han dynasties passed,
All the palaces and towers have turned to earth.
When prosperous,
The common people suffer;
When fallen,
The common people suffer.

This is just like in the circle and great love! Fish, shrimp, and crabs are all cattle and horses! 😅 When prosperous, cattle and horses suffer; when fallen, cattle and horses suffer.

Friendly Reminder: A rough glance indicates that Bitcoin and Ethereum are not moving in sync with altcoins; altcoins are lagging behind, showing significant divergence. Not all altcoins will rise; some will fall without rising.

Which ones can go up and which ones cannot, will be discussed in private circles.

Tomorrow morning at 7 AM, the WeChat public account (Xiaobai Learning Points VIP) will publish an article on schedule, which is very important. Everyone who wants to learn the technology should read it a few times! It explains how to use BBI for segment trading, how to use the 5-day CCI trend line to determine the end of accumulation and the beginning of a bull market, when to determine additional accumulation, when to determine the distribution that marks the end of a bull market, and so on! Don't miss it!

The key cryptocurrency in our 100x coin track has increased 6 times today! Yesterday, I reminded everyone to take out the principal, and now I won't sell any coin until it reaches a market value of 1 billion dollars! The target is 60 times! Let's go! Let's go! Bless us!