Jinqunqun official account: Why bother to talk about coins

If Trump returns to the top of politics, Bitcoin may become the one with the greatest appreciation potential among digital assets.
Imagine if 200,000 Bitcoins were purchased every year for the next five years starting in 2025 until 2030. Such a purchase would undoubtedly have a significant impact on the market, pushing its price beyond the $74,000 it reached in May. peak.
The move has the potential to trigger an unprecedented bull run that could benefit the entire cryptocurrency market

Short-term bulls are coming
Directly hit the previous daily low of 58,000, and short-term bulls in the 2,400 range eat twice
It’s not a big problem to eat one bite
Short and compact, what if a strong pullback and double-ground needle probe low

8.28 Latest situation:

I said in the fan group yesterday that if Ethereum falls below 2548, there will be a big drop. ① Bottom: The second bottom exploration is 2370~88, short-term long, defend 2370 five-minute level breakout, ambush long orders at several points near 2302, defend 2280. The second historical exploration of the stable bottom is near 2120 to defend longs.

Currently, there are more than 170,000 people in the world holding crypto assets worth more than $1 million, which has doubled compared to last year. Bull and bear markets always give birth to a group of wealthy people. Will you be among them in the next opportunity? ​

8.27 The current price of BTC is 63,000. Keep waiting. Take the coins in hand. If there is a callback, you can get on board. The idea of ​​​​strong copycats remains unchanged.

BTC

At present, what needs to be vigilant is the three selling positions on the daily line, 64700-65300, which is also the current pressure level.

The short-term support below is 63000-63500. After touching 65000 in the morning, it did not fall all at once, indicating that there is a certain degree of support below.

You can learn a lot from investing, not necessarily at the information level, but at the psychological level.

Those who are really good at investing do not look at some technical indicators, but are good at understanding the psychology of the banker.

There are exceptions for ultra-short-term investment.

But long-term investment is essentially about studying the psychology of the banker.

Once you understand this study, you will do a good job in investment.

Do things perfectly
Start from the perspective of interests
Think from the perspective of humanity
Express from the perspective of emotion

The Jackson Hole Global Central Bank Annual Meeting was held at 22:00 last night. Fed Chairman Powell gave a speech, releasing a signal of interest rate cuts. This was the first dovish speech made this year. Market confidence increased greatly, and Bitcoin soared to over $65,000!

Summarize the speeches over the years:

At the 2019 annual meeting, Powell said that the economy was facing challenges and would take action to maintain expansion. In September and October of the same year, interest rates were cut by 25 basis points each.

At the 2020 annual meeting, Powell announced the adoption of an average inflation target, ending preventive interest rate hikes, which foreshadowed a long-term low interest rate environment.

At the 2021 annual meeting, Powell said at an online meeting that QE might be reduced within the year, without hinting at the time of interest rate hikes.

At the 2022 annual meeting, Powell said that monetary policy needed to be tightened until inflation was under control

Sharp drop, slow rise, and negative drop, you are afraid of even a little fluctuation. You don’t need to worry too much about the trend of adjustment. I remind you three times of the importance of the 60,000 mark, 60164↑60820, 2594↑2641, and so far it has reached 656/47. I received 15,000 mails after sleeping...

It is easier to make mistakes if you are worried about gains and losses, and it is easier to get surprises if you keep a normal mind. Some people want to make a lot of money as soon as the order enters the market, and some people feel that fluctuations of two or three hundred points are unbearable. You want to have a big return but don’t want to bear the pressure of your mentality. How can there be such a simple way to get something for nothing in the world...

There is nothing interesting to see in the cryptocurrency circle these days. They just keep "drawing doors" on some rubbish copycats and then pull them up to go sideways. Pull them up to burst the shorts, and then smash them to burst the longs. In fact, the funds needed are pitifully small. If it were the stock market, I would not think it is too much to sentence them to five years for manipulating the market like this. ​

There is no so-called "secret" in trading.

Those so-called secret skills have been repeatedly studied by predecessors. There is nothing new under the sun. Trading is like an ancient mountain. Many people think they have discovered some magical tricks, but they often realize a few years later that those so-called "new discoveries" have been walked through countless times by predecessors.

The core of trading is not innovation, but the continuous execution of proven systematic operations. If you are obsessed with finding "exclusive secrets", it is easy to breed arrogance, but you may fall into a dead loop, go around in circles, and see no way out in a few years.

The real challenge lies in understanding those simple principles. Many people cannot see the truth in the fog, and by the time they understand it, they may have paid expensive "tuition fees".

When buying the currency of my choice in the early stage, I usually choose to gradually build a position when the market is relatively sluggish, and operate in batches. I buy a small amount when the market drops slightly, and increase the purchase force when the market drops sharply. When the market rises, I generally do not enter the market, but wait patiently. By buying in batches, I try to reduce the price risk of a single transaction. Of course, this also depends on the funding situation. If it is a small position increase, I will buy it as soon as I have the funds. For projects that I am particularly optimistic about, I usually buy them decisively at one time without dragging my feet.

Financial shock! The bull market is coming, and Bitcoin 100,000 is not a dream! !

The financial market is shocked by the news that three heavyweight officials of the Federal Reserve have hinted that the interest rate cut is a foregone conclusion, paving the way for Powell's upcoming speech. This undoubtedly brings positive signals to the financial sector and the crypto market.

Against the backdrop of Bitcoin halving, the expectation of the interest rate cut policy is like a shot in the arm for the market, heralding a capital feast is coming.

Wall Street bigwigs have begun to lay out, and the cryptocurrency market is about to start a buying frenzy. Against this backdrop, cryptocurrency holders are standing on the cusp of the storm, and must get their chips in their hands, and don't miss this rare feast of wealth.

Trump's approval rating has rebounded. If Trump wins the election, his policy on cryptocurrency will add important chips to the market to start a bull market.

The El Salvadorian Treasury invests 1 Bitcoin every day and now holds 5,849 Bitcoins
Nayib Bukele, President of El Salvador, is a model of value investment in the cryptocurrency circle. In November 2022, the President of El Salvador published a message on X saying that he would invest 1 Bitcoin every day and deposit it into a cold wallet. More than a year has passed, and Bitcoin worth $16,000, $32,000, $50,000, $60,000, and $70,000 is still being bought. Nayib Bukele said that this fixed investment will continue until the day when Bitcoin cannot be purchased with legal currency.

We should all pay tribute to Nayib Bukele, who has made great contributions to the development of Bitcoin.

Full warehouse is empty, waiting for return

What is the origin of rare

How much ether do you see today?

It looks really strong! Will it lose its momentum at night?