Don't place orders now! The votes will be out at 1:00 pm tomorrow, and the results will be announced on the morning of November 6. At that moment, Bitcoin may fluctuate by more than 10%, and altcoins will be even more volatile.
Are you sure you can grasp the direction? Are you 100% sure who will be elected? Do you dare to bet? Anyway, I don't dare. Relax and wait for the results to come out the day after tomorrow. By then, no matter who wins, people's hearts will be settled.
If you enter the market rashly now, once the direction is wrong, the consequence will be liquidation. Have you thought about this risk?
Musk has been tweeting noticeably more recently, giving a bit of a 'high' feeling.
In the past 24 hours, he tweeted 59 times, which is significantly higher than the 38 tweets the day before and the 41 tweets the day before that. The frequency of tweets clearly shows a more intense pace compared to the previous two days.
With the election approaching, Musk is going all-in on Trump, and it's inevitable to feel the pressure. Unlike Trump and Harris, who have teams tweeting for them, Musk is personally taking charge, and each tweet may reveal some emotions.
However, I think he doesn't need to exert himself too much; excessive tweeting might make people feel he's 'feeling guilty', which could undermine his supporters' confidence.
It might be better to post a few less frequent pictures of sunbathing by the beach, appearing more relaxed and easygoing, giving off a sense of confidence. This state is more likely to earn the trust of undecided voters.
A must-read for beginners! Keep these 10 trading rules in mind and avoid 99% of detours!
To gain a foothold in the cryptocurrency circle, beginners must first learn to avoid those old routines that "step on the pit". The following 10 principles may seem simple, but they are the experience of countless people who have learned from their lessons! Follow them and at least avoid 99% of detours.
1. Don't be greedy Run away when you make a small profit, and never dream of catching every wave of the highest point. Stop when you see a good profit, which is the key to long-term survival.
2. Stay calm and don't be emotional It's normal to rise and fall, don't be led by emotions. Only with a stable mentality can you make rational judgments.
3. Don't go all in Investment never gambles your life. Only by building positions in batches and reasonably dispersing risks can you cope with market fluctuations.
4. Set stop loss and stop profit in time Set stop loss and stop profit in a planned way, don't adjust easily before reaching the point, and don't gamble with hope for the future.
5. Stay away from blind buying based on rumors It is extremely risky to enter the market based on rumors. Watch the market more, do more homework, and think independently.
6. Don't be scared by short-term fluctuations The currency circle fluctuates greatly, and it is common to rise or fall by more than ten or twenty points overnight. Be mentally prepared and don't be easily "shocked out".
7. Remember, the banker is the eternal winner The banker controls the market, and retail investors are hard to beat. Learn to see the main trend, don't follow the trend, and don't be confused by the superficial pull-up.
8. Have a plan for each transaction Think about the buying and selling points before entering the market, and don't fight unprepared battles.
9. Do what you can, don't blindly increase your position Don't blindly cover your position during losses to avoid getting deeper and deeper. Control your position and face losses rationally.
10. Keep learning and improving The currency circle changes quickly. You must maintain a learning attitude, pay more attention to market information, and summarize experience to continue to grow.
Keep these 10 iron rules in mind to avoid pitfalls and mistakes, and strive to survive in the cryptocurrency world.
At this moment, the volume of TROY has surged, erupting like a volcano, but behind this force lies a huge crisis.
The trapped positions piled up above are like a sleeping giant, ready to wake up and devour everything at any moment. Friends holding TROY, you are standing on the edge of a cliff, and if you are not careful, you may fall into the abyss.
Hurry up and retreat, the faster you run, the more chance you have to survive! Once the subsequent volume can't keep up, TROY may plummet again, approaching 0.0023, and by then it will be too late for regret!
The manipulator's trading methods are cunning; the current rise is merely to lure more retail investors into the game, so they can smoothly offload. This is a silent war, and if retail investors are not careful, they can easily become prey.
Remember, while the crypto world is perilous, it is not impossible to survive. Stay vigilant, keep a close eye on the main force's movements, don't blindly follow, and take profits in time without being greedy, so you can navigate this game with ease.
Just now I also entered a long position, and it surged instantly, so I took the opportunity to run. The remaining opportunities are left for you.
Only one week remains until the U.S. election on November 5th, and current polls show that Trump and Harris are neck and neck in support, making the election situation tense and the outcome unpredictable.
The crypto market is paying close attention to this, as the election results could trigger a new round of volatility.
Investor Interest in SUI Declines: Negative Sentiment Intensifies
After experiencing a historical peak, market interest in SUI seems to be waning. The current shift in market sentiment is often accompanied by fear, uncertainty, and doubt (FUD), which together contribute to price declines.
Data shows that the total open interest in SUI perpetual contracts has plummeted from $895 million on October 7 when the market was generally bullish to the current $330 million, marking the lowest level in two months.
Despite the intensifying negative sentiment, earlier today, the price of SUI broke above $1.95, and the funding rate increased from -0.002% to 0.01%. As of the time of writing, the price of SUI is $1.88, having risen 0.3% over the past 24 hours. It remains the 18th largest cryptocurrency asset, with a market capitalization of $5.3 billion, and daily trading volume increased by 30% to $630 million.
It is important to note that if SUI faces further adjustments, long-term liquidations may trigger panic among investors, leading to a sell-off that could exacerbate the negative sentiment surrounding the asset. Investors should remain vigilant to respond to potential market fluctuations.
The Truth About Losing Money in Cryptocurrency Trading: 99% of People Make These Mistakes!
Cryptocurrency trading seems to offer many opportunities to make money, but in reality, losses are the norm. Where do most people lose money? Here are a few fatal misconceptions that can easily trap you:
1. The Fantasy of Overnight Wealth Many people enter the market thinking they can double their money overnight, fantasizing about financial freedom in a few months. As a result, they can't hold onto their coins, fumble around, and end up getting cleaned out completely. Making money in the crypto world relies on accumulation and patience, not on running a casino.
2. No Stop Loss, Losing Control of Emotions It's essential to understand stop-loss when trading cryptocurrency. Trades without stop-loss are like throwing yourself into a pit of fire. While prices are falling, some still fantasize about a rebound, continually averaging down, only to find themselves deeper in trouble, ultimately losing all their capital.
3. Blindly Following Trends, Not Doing Homework Many people act on rumors, buying whatever coin is hot or recommended by friends without doing any research of their own. In reality, most coins that explode in popularity quickly lose their value, making you a “bag holder.”
4. Not Distinguishing Between Mainstream Coins and Altcoins Mainstream coins like BTC and ETH can be volatile but have long-term value, while altcoins can fluctuate wildly, often manipulated. Many fall for the high returns of altcoins, only to step into numerous dead coins, losing everything.
5. Frequent Trading, Not Understanding Patience Too many people want to profit as soon as they see a price rise and flee when they see a drop, constantly chasing gains and losses, trading multiple times a day. As a result, they pay a lot in transaction fees and lose a significant amount. It's important to understand that making money in cryptocurrency is not about frequent trading, but about holding patiently.
To avoid losing money in cryptocurrency trading, the most important thing is to stabilize your mindset, control your desires, and not rush to get rich. Recognizing your own limits and not blindly following the market is the true first step towards profitability.
Is the big liquidation of altcoins coming? The ultimate test before the bull market
The recent turmoil in the cryptocurrency market indicates that altcoins may be about to face a "big liquidation". As Bitcoin continues to rise, some old altcoins are performing poorly, and the market's patience with them is gradually running out. More and more investors are beginning to re-examine their holdings, especially on the eve of the bull market, and the issue of whether many altcoins should stay or go has become imminent.
Why is altcoin liquidation imminent? The altcoin market is huge, but the quality varies. In the previous rounds of bull markets, some projects relied on hype to make profits, but did not really create meaningful value. As the crypto market matures, investors gradually move closer to projects with practical applications, and the bubble of altcoins begins to emerge. Projects that lack actual landing scenarios and have weak team capabilities are gradually being eliminated by the market.
2024 U.S. Election: The Most Expensive, Most Divisive, and Most Bizarre in History!
This U.S. election is truly unexpected and extraordinarily lively! Nobody anticipated it would be this intense. Biden suddenly withdrew, and Vice President Harris became the hope of the Democratic Party, while Trump saw his approval ratings skyrocket following a shooting incident. Current polls resemble a roller coaster, sometimes showing Trump in the lead, and other times claiming Harris has overtaken him, making it difficult to distinguish truth from falsehood. Both sides are battling not just for votes but also engaging in psychological and information warfare, with public opinion shaping campaigns appearing endlessly.
Now let's look at the level of spending in this election! Campaign expenses have already exceeded $14.7 billion, equivalent to 104.5 billion yuan, making it the most expensive election in history. The money politics of the United States is fully displayed in this election, with both sides pouring in cash, and the effects are directly reflected on major social media platforms, proving that financial power dictates the power of discourse.
The bizarre nature of this election is also unprecedented. Trump has been convicted due to legal troubles and has faced multiple assassination attempts; such thrilling developments have never been seen in previous elections. If earlier elections were battles in the political arena, this one has nearly turned into a drama and suspense blockbuster, with plot developments completely overturning expectations.
Even more astonishing is the level of division in this U.S. election. American billionaires have openly taken sides, with the world's richest man, Musk, making a substantial contribution to support Trump, directly donating over a hundred million dollars. Musk's approach of directly giving money to garner votes has sparked huge controversy, with both supporters and opponents fiercely confronting each other, providing a real eye-opener.
The 2024 U.S. election has become a complex of high spending, division, and bizarre events, leaving spectators in awe. Who will emerge victorious in the end? We shall wait and see!
On-chain Data Boosts Market Confidence The Sui token demonstrated a strong upward trend in November, primarily supported by its on-chain performance indicators. Data shows that Sui's total transaction volume and wallet activity have been continuously increasing, indicating a rise in actual market participation and demand. On-chain data is not only the foundation for Sui's solid development but also provides strong assurance for future market performance, attracting the attention of numerous investors.
Record Trading Volume Sparks Investment Boom Recently, Sui's trading volume has repeatedly hit new highs, demonstrating strong interest from investors in this token. High trading volume indicates robust market demand for Sui, allowing it to stand out among many tokens and become a hot investment target. As trading activity increases, Sui's price volatility has been supported and is expected to continue this positive trend in November.
Post-Election Meme Coin Craze Boosts Interest After the elections, market interest in meme coins has heated up again, which has also brought benefits to Sui. Although meme coins often carry high risks, Sui has attracted the attention of both speculators and serious investors through this wave of enthusiasm, solidifying its market position. Current industry trends provide a favorable environment for Sui's continued rise, making it likely to become one of the best-performing tokens in November.
With strong on-chain indicators, record trading volumes, and the market momentum of meme coins post-election, Sui possesses multiple favorable factors for continued growth, indicating a positive outlook.
Last weekend the market retaliated, how many people who went long got trapped and faced severe losses!
Last weekend was yet another "bloody ending" — how many people were full of confidence going long, only to be directly trapped by a wave of retaliation, forced to cut losses and exit!
Even worse are those who used high leverage, watching helplessly as the market turned sharply downwards, only to face liquidation without even realizing it.
The market is so ruthless, teaching lessons time and again to remind everyone: control your position, set stop losses, otherwise when the market changes its face, you might lose even your principal.
Investing is not gambling; less impulsiveness and more rationality are needed to survive longer.
Great news is coming! Is the NEIRO token about to soar?
A highly regarded "smart trader" has recently shown strong interest in the Ethereum rising star token NEIRO, not only withdrawing as much as 8.02 million NEIRO from the Bitget exchange, valued at approximately 7.8274 million USD, but also demonstrating firm confidence in NEIRO. This move undoubtedly injects a strong sense of trust into the market.
Looking back to last night, the NEIRO token once surged 17%, and although there was some pullback, the attention and activity quickly climbed. This decisive action by the "smart trader" effectively reaffirms NEIRO's future potential.
From a technical standpoint, NEIRO has retraced to the Fibonacci 0.618 key support, which is a trading-intensive zone and also the previous pin top position, making this an ideal setup.
Amid increased market volatility, while NEIRO's trajectory may have some uncertainty, this significant operation fills one with anticipation for a bullish trend in the future! Keep pace with the smart traders, get set up, and you may witness an explosive growth! $NEIRO
Want to make a comeback in the cryptocurrency circle? It is crucial to do the following points!
1. Use spare money to invest, never borrow money or take out loans to speculate in cryptocurrencies, the risk that you cannot bear is the real risk.
2. Choose the right currency, plan the capital allocation in advance, and don't chase hot spots casually.
3. It is normal to have a callback after entering the market. Funds should be reasonably allocated and enter the market in batches, not all at once.
4. Don't operate with a full position, arrange positions reasonably, and don't put all your eggs in one basket, the risk will be much lower.
5. Pay more attention to the cryptocurrency news and financial dynamics. If you are well-informed, you will have more opportunities than others.
6. Don't go head-to-head with the dealer and the market, go with the flow, follow the market rhythm, and don't go against it.
7. Don't go head-to-head when doing contracts, control the leverage between 20 and 50 times, and don't touch 100 times easily. Steady profit is the right way.
8. Position management is crucial. Don't operate randomly when you are uncertain, keep your assets safe, and don't let risks enter the market easily.
9. Stay awake and know when to advance and when to retreat. The road of the cryptocurrency circle can make you grow, and your mentality is even more important than your operation.
Solana’s SOL Token: Speed and Scalability for Future Market Potential
Among many blockchain platforms, Solana stands out for its superior speed and scalability. Like Ethereum and Cardano, Solana is designed to support decentralized applications, but it demonstrates unique advantages in processing speed and flexible development.
SOL Token: The Core of the Ecosystem Solana’s native cryptocurrency SOL is not only used for transactions, but also supports custom programs and rewards users who actively participate in the network. This versatility makes SOL a key role in the entire ecosystem.
High-speed and efficient technology Unlike other platforms that rely on sharding or second-layer solutions, Solana has chosen an innovative path to provide a high-capacity network that can quickly process a large number of transactions. This is extremely attractive to developers and investors because it means they can build and support products and services with higher activity without worrying about network congestion.
Scalability: The Winning Weapon in the Market In today’s market environment, speed and scalability are particularly important. SOL’s scaling approach may give it a competitive advantage. As more and more decentralized applications continue to place increasing demands on the network, Solana’s SOL is expected to play an important role in the evolving crypto space.
Solana's SOL token seems to have a bright future in the future crypto market due to its fast and efficient characteristics. For investors who are looking for new opportunities, SOL may be an option worth paying attention to. Now is a good time to learn more about Solana and its ecosystem!
Five steps to find the next hundredfold coin: 1. Lock in potential tracks Find areas that may explode in the future and ambush in advance.
2. Select potential projects within the track Projects must be positioned at key locations, possess core technologies, and have a solid and reliable team background.
3. Check the token economic model Inflation should not be too high, the share of the team and investors should not be excessive, and the token should have real empowerment and value acquisition.
4. Filter out projects with too high market capitalization The higher the market capitalization, the smaller the room for growth; prioritize projects with low market capitalization and strong explosive potential.
5. Diversify investments to improve hit rate There is no hundred percent method; don’t put all your eggs in one basket.
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From $0.02 ADA to $3 - Is Qubetics ($TICS) the Next Opportunity?
Some early-entry projects often bring astonishing returns, with Cardano (ADA) being a typical case. It rose from an initial $0.02 to over $3, reaching a historical high and providing early investors with returns over 150 times their investment. This was all thanks to those who persevered amid skepticism.
The Emergence of Qubetics: A New Opportunity? For those who missed the early opportunity with Cardano, the presale of Qubetics ($TICS) has garnered significant attention in the market. The presale is now in its sixth stage, having raised $1.55 million, with a current price of $0.017. As the stages progress, the token price will strategically increase. If $TICS reaches $10 or higher after listing, the potential returns will be astounding.
The Tokenized Asset Market of Qubetics Qubetics' core advantage lies in its tokenized asset market, allowing investors to participate in real estate, commodities, stocks, and other assets in small units via blockchain. This market not only enhances liquidity but also provides more trading and appreciation opportunities.
From the story of Cardano, we can see the potential that early involvement in innovative blockchain projects can bring. Whether Qubetics ($TICS) can replicate this success remains to be seen, but its unique concept of a tokenized asset market and the enthusiasm around its presale certainly leave us hopeful. If you missed Cardano, perhaps Qubetics will be your opportunity this time.