Jinqunqun public account: Why bother to talk about coins

It is important to choose the right direction.

In the early trading, the Bitcoin trading strategy was given, with a wooden mark of 58.6k, which has now arrived. Although the entry position was not connected, which may lead to the loss of profit in this round, the real market is always ahead of the market. It is also easy to eat meat.

Don't play with these coins in the short term, exit if you have a position

Binance has just removed some trading pairs of the following coins

ALCX/BTC

BCH/TUSD

CHZ/BRL

ETHFI/BNB

OMNI/BRL

CZ will be released on Sep 29th. 🚨🚨🚨🚨

Once he is released, the real 2024 bull run begins. 💰💰🚀

Hold these CZ-related tokens = make $100,000.

I have scanned over 200 tokens and these 5 are the best 🧵👇

Before we get started, if you like my content, don’t forget to like and share the post.

🔶Changpeng Zhao getting out of jail is a big deal for the crypto market.

Even though he is no longer the CEO of #Binance, he is still the face of the exchange.

His release from jail on Sep 29th could send Binance-backed tokens skyrocketing.

At present, the market has fallen to around 62700, which is consistent with our analysis last night.
The lower support level is currently at 62618, and the four-digit level print line releases a downward trend, which also means that it is not time to buy the bottom.
But you can make a short-term multi-billion-dollar move, with the target at 63500. Depending on the rebound strength, the general direction is still bearish. It is an inevitable trend to fall back to the bottom, looking at 62000

Things to note from 2025 to the next three years
There is a saying in the Ming Dynasty 1566 that the deficit of the national treasury has always been either the businessmen or the people. Now the first step has been basically completed.
Holding a purely overseas account, don't talk about Hong Kong, that's all nonsense, that place has completely become a lamb to be slaughtered.
Take running as a daily routine, even if you can't beat it, but running away is very useful.
When a place can only be maintained by printing money, the use of things will spread.
The housing problem has been mentioned N times, and I won't repeat it. Some of the electronic devices in the home that are far ahead of others can be replaced if they can be replaced.
If you can make hundreds or thousands of holes, your current IP should be in America.

Share your thoughts on the morning market.

It has been fluctuating for a few days. It is dangerous if there is no direction today.

Why do I say this? Normally, it should rise today.

But according to the news, the expectation of a 25 basis point interest rate cut in September has been reduced again.

Therefore, the market cannot rise. The orders we opened on Saturday are still near the cost.

What to look at next? The hourly trend of the market has gone bad, but the daily trend is still OK. I personally think there is a risk of a small correction.

But it will not fall sharply. Generally speaking, the probability of rising is still greater.

Market mentality:

Up 10%: This is just a normal rebound.

Up 30%: There should be a correction, wait for the correction before considering entering the market.

Up 50%: Why did it rise so much? It rose too fast, and it may collapse soon.

Up 100%: This time it is confirmed that the bull market is coming, go all in!

Down 10%: Normal correction, don't panic.

Down 30%: There is bad news, but the impact should not last too long.

Down 50%: Why did it fall so much?

Down 80%: I want to fight the dealer!

Down 90%: Cut your losses, the market is finished, and this industry is hopeless.

4 potential altcoins worth paying attention to now

PEPE
XRP
FET
BNB

Why do many people become "floating" after becoming rich overnight?
Look at the amazing survey in the United States. Ten people who won the jackpot of tens of millions of dollars, ten years later, only one kept the money bag, two people unfortunately passed away, and the remaining seven lived worse than before winning the lottery.
In the final analysis, the money came too fast and too fiercely, and many people simply couldn't hold it. Money is like magic. Without real skills and perseverance, it is easy to be led by it and forget the rules and bottom line of being a human being.
Don't think this is a joke. People who have not experienced it may think it is nonsense, but those who make money quickly and go quickly know it in their hearts. This is the naked reality. 2

We must respect the economic cycle. It is correct to say that the trend has begun to turn, and it is also correct to officially end the interest rate hike cycle. However, a turn does not necessarily mean that the rate will rise. All our positive factors are based on an assumption that the US economy is not in recession and no black swan has appeared. In this case, we are entering a defensive interest rate cut. It is indeed good for market sentiment.

Script!

There are always a few days like that every month!

BTC broke through the big pressure level of 62000 last night. First, we will see a break of 65550, and then above 69200.

BTC's daily MACD will soon reach the 0 axis and may accelerate. Like before, it is easy to move on Sunday night. Looking up, the long-term pressure is around 69200;

Then there is a sharp drop from the end of each month to the beginning of the month. The time is exactly right. It will reach the top next week and plummet to the 5th of the next week.

Since the guidance is in place, let’s continue to plan the market outlook.

In the previous macro arrangement,

We have identified an upward trend

Then in the market outlook, we only need to consider the new round of factory entry points.

Such a short 🧵 lower support is the first choice

The pie is centered around 5.98-6.03, and the aunt is centered around 2620-2595.

Taking into account evening meeting Bowen's speech pin

You can reserve a cover position near the pie 5.9w Auntai 2560

A normal mind can make people not arrogant or impatient when they make a profit, and not discouraged or depressed when they lose money. For example, a trader who is new to the market has good luck and makes a lot of profits at the beginning, but because he loses his normal mind, he blindly increases his position and eventually suffers heavy losses when the market reverses. Only by keeping a normal mind can we look at the ups and downs of the market rationally.

Greed often puts people in trouble. There was a trader who was driven by greed to increase his position when the market was rising, regardless of potential risks. As a result, he lost all his profits and suffered serious losses after the market correction. Only by learning to control greed can we avoid excessive risks.

It takes courage to face fear. Novice traders are often shrouded in fear after losses, and dare not make any more moves, missing good opportunities. Experienced traders will make rational decisions based on plans and strategies. For example, a senior trader does not retreat in the face of fear and takes decisive actions under controllable risks.

As the price of Bitcoin continued to rise, Mao Shixing realized that this was an opportunity given by the times. He chose a path that few people took - mining. With a professional background in science and engineering, he studied mining technology in depth. From the initial graphics card mining machine to the subsequent large-scale deployment, every step embodied his love for technology and pursuit of dreams.

In 2013, when his peers were still looking forward to the future on campus, Mao Shixing had made a bold decision - to drop out of school and start a business. He explained the vision of Bitcoin and his determination to his family, and finally gained the understanding and support of his parents. So he founded China's first Bitcoin mining pool - F2Pool. This initiative not only won him wealth and reputation, but also injected new vitality into the cryptocurrency ecosystem in China and even the world.

Becoming a billionaire at the age of 23, once again making 100 million U from 1,000 U in the cryptocurrency circle

There is a legendary figure who became a billionaire at the age of 23. He is revered as a divine fish by people in the circle. His real name is Mao Shixing, a post-90s youth who is praised in the cryptocurrency circle as a seven-color angelfish. His story is like a gorgeous adventure across reality and dreams, inspiring countless dreamers, and also reflecting the unique style of the cryptocurrency circle with its bizarre and coexisting opportunities and challenges.
Mao Shixing is also a sophomore majoring in communication engineering at Beijing University of Chemical Technology. By chance, in his spare time in the library, he encountered Bitcoin, a decentralized digital currency that was little known at the time. At first, it was just a quick glance in a piece of news, but when the news that the price of Bitcoin broke through $1 spread like ripples in his heart, a journey of exploration of the future quietly began.

The interest rate cut in September is basically a foregone conclusion, but the big cake has risen in vain due to the support of this favorable news. To put it simply, it is "buy expectations and sell facts", and finally take profits. This is only for institutions and large retail investors, and the only ones who are hurt are always small retail investors.

How will the market go next?

It mainly depends on when the adjustment of the 58,000-62,000 area will break through. If it breaks through, it will usher in an explosive market. At this stage, especially above the 60,000 mark, we can still maintain low longs

Several ways to withdraw money safely

How to withdraw money safely? Recently, many fans have chatted with me about this, so I will tell you about it with my experience.

1. Find offline acquaintances to withdraw money. The source of funds of acquaintances is more reliable, and they have more contacts, so they feel at ease. However, it is better to withdraw money in small amounts and multiple times. The funds are safe, and there is no problem with withdrawing money in several times.

2. Through gift cards, direct consumption, and thus indirect withdrawal, this amount is limited, suitable for small-scale retail investors.

3. Go to Hong Kong to withdraw money. At present, the environment in Hong Kong is still good. This is suitable for friends who want to go to Hong Kong to play and withdraw a lot of money. After all, the cost of a round trip to Hong Kong is still quite high.

4. A method I often use is to withdraw money directly from Binance Pro merchants for hundreds of thousands of dollars. It depends on the merchant's time and order volume. Choose an older merchant. After all, they have been doing it for so long, and their usual preventive measures must be very good. In addition, Binance Pro has compensation, but it is best not to exceed 500,000 per time. Generally, the margin of pro merchants is also limited.

Sui is the daughter of Wall Street

Sui announced that it will cooperate with ByteDance to launch a new public chain token that has not yet exploded. The public chain token refers to the SoL in the last bull market. Avax has a strong lineup. If it does not explode, it will be amazing. Now it has come out of the bottom area and can be held continuously. The popularity of the public chain leader is still quite durable. Sui has increased by more than 800% from the bottom after it went online. The whitelist participants were even more exaggerated. At present, the increase has been close to 20 times. It's a pity that many leeks sold it early.

After the outbreak of the public chain, it will drive the ecological outbreak. Then the rotation of the sector will follow. Sui and Sei are both public chains with great potential. If you hold them for a long time, the yield will be very good. Of course, the decline will be relatively large. Both public chains are under construction and development. The fundamentals are very good. In this round of bull market, it is easy to become a 100x or 1,000x coin. Grayscale has just launched Sui Trust, a new crypto investment product, adding another one to Grayscale's list of 18 crypto investment products.

The latest news on August 22, 2024, domestic cryptocurrency speculation needs to be cautious,

But whether it is illegal depends on the specific circumstances. In China, individuals are allowed to hold and trade cryptocurrencies, but it is illegal if it involves illegal fundraising. The law clearly states that virtual currency trading is not equal to money laundering. Only when it is used to transfer illegal funds will it constitute money laundering. The latest judicial interpretation is mainly to accurately combat the use of virtual assets for money laundering, rather than a comprehensive ban on virtual currency trading. So everyone should look at it rationally and avoid excessive worry.