The history of Dogecoin's surge: Correction is a key step on the road to becoming a millionaire!
The current market trend of Dogecoin (DOGE) has really made both old and new investors in the cryptocurrency circle unable to sit still. With Trump returning to politics and letting Musk, the "cryptocurrency king", take charge of the newly established government efficiency department (DOGE), Dogecoin has once again attracted the attention of the world. This wave of operations has also made the market full of expectations for the future of Dogecoin.
Looking back at the glorious history of Dogecoin: skyrocketing + plummeting = the return of the king Senior analyst Ali Martinez said that Dogecoin has been able to survive through crazy surges and sharp corrections along the way. As early as 2017, Dogecoin soared 9470% in a single year, but experienced sharp corrections of 40% and 84% during the period. The same plot was also staged in 2021. After Dogecoin soared **30,700%**, there were two adjustments of 46% and 53%. Martinez believes that this kind of drastic fluctuation is the key to long-term holders getting rich.
Recently, XRP prices have risen sharply, breaking through a six-month high of $0.83, due to positive regulatory developments and rising market interest. The increase was mainly affected by rumors that Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), may resign, and investors believe that this may bring a more friendly regulatory environment to the crypto industry.
Regulatory progress and market reaction In the past 24 hours, XRP prices have risen by 20%, attracting widespread market attention. Behind the rise are investors' optimistic expectations that Ripple and XRP may receive more relaxed regulation in the future. In particular, the news about Gensler's possible resignation has triggered positive market sentiment.
Ripple's long-standing legal dispute with the SEC is still ongoing, and Gensler's departure may bring a new turn for the better. Industry insiders generally believe that if the regulatory approach changes, Ripple is expected to usher in a more favorable situation, thereby driving up XRP prices.
Ripple case progress helps XRP Recently, Ripple has won a key victory in its legal battle with the SEC. The US court ruled that Ripple won the class action lawsuit, which added confidence to the company's response to regulatory challenges. Ripple CEO Brad Garlinghouse also showed a positive attitude after the ruling, and the market is full of expectations for Ripple's future.
In addition, XRP has recently undergone a large-scale fund transfer, especially a transfer of 105 million XRP from Binance to an unknown wallet, which has attracted widespread attention in the market. Usually such transactions indicate that investors intend to hold for the long term rather than short-term transactions. The reduction in liquidity of fund transfers may increase market supply and demand tensions and drive prices up.
Market Outlook and Analysis Currently, XRP is trading at $0.83, with a market value of $47.45 billion and a 24-hour trading volume of $8.04 billion. Analysts predict that XRP may break through the long-formed symmetrical triangle pattern, with a target price of $1.50.
As Ripple's legal situation improves and the regulatory environment changes, XRP may have more opportunities to rise. Regulatory favorability and capital inflows may provide strong support for its future performance.
Whales Invest in $ACT and Earn Millions of Dollars After Binance IPO
Recently, a well-known cryptocurrency tycoon invested heavily in the $ACT token, spending about $5.6 million to purchase 17.1 million tokens, which were priced at $0.33 per token at the time, with a total value of about $9.4 million. The investment took place shortly after Binance announced that it would list $ACT. The tycoon's purchase makes him one of the largest individual holders of the token and may have an important impact on market trends.
Binance listing announcement triggers market reaction According to Lookonchain data, the transaction was apparently stimulated by the Binance listing announcement. Historically, newly listed assets usually see price increases due to the influence of exchanges, and this whale just took advantage of this opportunity. Since Binance announced the news, $ACT's trading volume has increased dramatically and the price has climbed sharply, which has allowed the whale to obtain approximately $3.8 million in unrealized profits in the short term.
I have specially prepared a large number of gift boxes (worth 6.4 and 25.4, and the final mysterious grand prize of 126.4 dollars) to give away, distributed randomly, first come first served.
If I could send red envelopes, I definitely would, but unfortunately, I can't right now, so I can only give back to everyone in this way.
The way to participate is also very simple, just like, follow, and comment '666' to find me! #DOGE看涨情绪飙升 #山寨季将至?
Can Dogecoin reach 1 dollar? As the US presidential election approaches, DOGE has become one of the most prominent cryptocurrencies in the market. The election is just a few hours away, and Musk once again mentioned DOGE in a recent podcast. In the past 24 hours, DOGE has risen by 14%, currently priced close to 0.17 dollars, significantly outperforming other cryptocurrencies.
As a meme coin known for its community-driven approach and high volatility, Dogecoin has attracted many speculators who are optimistic about Trump's victory and believe it could benefit the crypto market. Musk publicly supports Trump and introduced the concept of a "Department of Government Efficiency" (DOGE), which coincidentally has the same abbreviation as Dogecoin, garnering attention from speculators.
Since Trump's rally at Madison Square on October 27, Dogecoin's performance has consistently outpaced its memecoin competitors. Musk even stated at the rally that his "DOGE plan" could save American taxpayers two trillion dollars. Musk's explicit recommendation of Dogecoin over other memecoins further fueled traders to shift their funds towards DOGE. Today, Musk mentioned Dogecoin again on the Joe Rogan podcast, further accelerating its rise.
Despite the many reasons for the increase, the logic of the capital market is quite simple: any coin's rise is aimed at cashing out and making a profit. The sentiment around Dogecoin has reached a peak, and it is not far from exiting. Currently, DOGE has entered a previous high region, and those looking to enter should carefully assess the risks. It is expected that once the election is over, the market will shift into a bearish trend, so do not let emotions cloud your judgment. The probability of DOGE reaching 1 dollar is extremely low; at most, it may reach 0.2 dollars.
New to trading cryptocurrencies? These tips will help you avoid detours!
The cryptocurrency market is highly volatile, so it's important for newcomers to do their homework before entering. Here are some practical suggestions to help you avoid common pitfalls and maintain a steady mindset.
1. Don’t think about getting rich overnight There are many rumors about explosive gains in the crypto market, but don’t get sidetracked; steady and methodical is the way to go. Short-term profits may be thrilling, but most of the time chasing spikes will only lead to greater losses.
2. Start with a small amount, don’t dive in headfirst When you're just starting out, it's wise to try with small amounts multiple times to adapt to the market's rhythm. A series of small trades can effectively spread risk and allow you to see market trends more clearly.
3. Stay vigilant even if you’re making money If you’re already earning over 20,000 a month, it’s even more important to stay grounded and rational. Don’t increase your positions too much based on short-term gains, as the market direction can change at any moment.
4. Always set stop-loss orders for contracts, no jokes! The leverage in contracts can be tempting but can also lead to significant losses. Always remember to set stop-loss orders for every contract trade to strictly control risk, or your losses may exceed your expectations.
5. Be patient and don’t rush to make quick money There’s a saying in the crypto community: “What you earn is just the money for your time.” Short-term volatility may tempt you to exit prematurely, but real gains often require long-term holding to accumulate.
6. Your profits come from other people's losses Any profit is not created out of thin air; it comes from the losses of other investors in the market. Understanding this can help you remain calm and not get swayed by short-term fluctuations.
7. Use idle funds for a steadier mindset If you're using spare money, your ability to withstand risks naturally increases. The crypto market is high-risk; only by using idle funds can you avoid being led by market emotions.
8. Avoid coins that have dropped too much; coins that have dropped about 10 times are worth a look Coins that have plummeted by several times usually lose their investment value, signaling a potential “zeroing out.” However, coins that have dropped around 10 times may just be in a phase of decline, with a chance to recover in the next bull market.
Keep these tips in mind, don’t let impatience take away your rationality, and gradually accumulate experience; you will find a rhythm that suits you.
Want to stay stable in the crypto world? Remember these points, don’t be a victim!
1. Don’t fantasize about getting rich overnight, stay calm.
2. Try to make multiple small transactions to spread the risk.
3. Even if you earn a stable 20,000 each month, stay calm and don’t get inflated.
4. When trading contracts, make sure to set stop losses, don’t forget!
5. Don’t rush to sell newly bought coins; patience is key to seeing profits, being anxious can lead to losses.
6. Every profit you make is someone else's loss.
7. Use spare money for trading, as the risk is more controllable; this already puts you ahead of 90% of players.
8. Avoid coins that have dropped several times in value, as they hold little worth; coins that have dropped around 10 times can be considered, as they might recover in a bull market.
With the election approaching, those who haven't started planning yet can reach out to me.
17 Common Psychological Traps Leading to Losses in Trading
1. Fear of stopping losses Not daring to stop losses due to fear of losses and concern about failure. This mindset often stems from excessive pride, unwilling to admit they may be wrong about the market.
2. Closing positions early Closing positions early can alleviate anxiety, as the fear of sudden market reversals creates a psychological desire for quick comfort.
3. Wishful thinking Not wanting to control risks, nor take responsibility for trading results, refusing to face the true market situation.
4. Anger after losses After suffering losses, feeling 'duped' by the market and becoming obsessed with a trade. When profiting, being overly confident and believing the market is cooperating with them; both mindsets can easily lead to losses.
Will 2025 be a year of celebration for the crypto world? Three major factors determine the arrival of a bull market!
Every crypto enthusiast is waiting for the bull market to return, and 2025 is being seen as the "explosive year." In the ups and downs of the market, investors are concerned not only about the rise and fall but also about when the bull market will come. Why are people focusing on 2025? The following three factors may provide an answer to this question.
1. Halving effect: The "catalyst" for Bitcoin's rise Bitcoin's supply is halved every four years, leading to decreased supply and increased demand. Historical data shows that after each halving, Bitcoin's price gradually rises, driving up the entire crypto market. The next halving is expected in mid-2024; although the market's reaction won't be immediate, by 2025, the surge may fully explode. The "halving effect" of Bitcoin has already become a widely recognized signal for a bull market within the community, so many people are looking forward to 2025.
2. Changes in global economic policy: The dual impact of inflation and interest rates Countries are continually raising interest rates to control inflation, tightening market liquidity. Although such policies will put pressure on cryptocurrencies in the short term, it is unlikely that high interest rates can be maintained indefinitely. By 2025, as the economy gradually recovers, countries may start to cut interest rates, increasing the flow of funds in the market, which brings new entry capital for Bitcoin and other cryptocurrencies. In simple terms, economic recovery and policy easing may make 2025 a golden time for capital to refocus on the crypto market.
3. Improved regulatory environment: Easing restrictions on the crypto market Regulation is a significant obstacle in the crypto market, but more and more countries are beginning to clarify regulatory rules. By 2025, as more countries relax their policies and market trust improves, investors can enter the market with greater peace of mind. Especially if major markets like the U.S. establish clear legal frameworks during this time, the demand for entry from mainstream institutions will also increase. A regulated market will attract significant capital inflows, thereby promoting the overall development of the market.
In 2025, opportunities and risks coexist Even so, the crypto market remains a high-volatility investment field, and risks are unavoidable. Although 2025 is considered a bull market year, ordinary investors should also view it rationally.
Want to win in investments? The key is to 'control risks'!
In investing, everyone wants to make big money, but remember, true experts do not just focus on returns; they concentrate on how to 'protect the principal and control risks'. You may have heard countless investment strategies, but all successful investors share one common trait: they know how to control risks. Today, let's discuss some key points to help you avoid pitfalls and make more money in the market.
1. Don't invest with 'borrowed money' No matter how good the market looks, invest with your own spare money. Borrowing money to enter the market only increases risk; once the market reverses, the pressure doubles, and you may even lose everything. Investing with your available spare funds will help you maintain a steadier mindset.
2. Identify assets and allocate wisely Do not blindly chase highs; find assets with long-term value and diversify your investments. Proper asset allocation acts like a safety net, reducing the impact of a single asset's plunge and stabilizing your overall portfolio.
3. Do not go all in Even for opportunities that look promising, do not invest all your funds at once. Enter the market in batches to reduce the pressure from market fluctuations, and when there is a pullback, you will still have capital to buy more, preventing you from being swayed by market movements.
4. Position control is key Always keep a portion of your funds as a backup; do not easily operate with a full position. Proper position management allows you to remain agile during volatile market conditions and respond to sudden risks.
5. Stay informed, act quickly Always pay attention to market news and macroeconomic trends. The market changes rapidly, and sometimes information gaps can present profit opportunities. Timely access to information will give your decisions a stronger basis.
6. Go with the trend, don’t fight it The power of the market cannot be swayed by individuals; operating against the trend often leads to significant losses. Follow market trends, do not think 'the market is wrong', and adapt to the trend with timely entries and exits.
7. Mindset is more important than actions The investment market is full of changes; those with a good mindset can laugh last. Do not be swayed by short-term fluctuations; stick to your strategy, as sometimes a steady mindset is more important than immediate actions.
In the investment market, no matter how much you earn, protecting your principal makes you the real winner. Learning to control risks is the key to long-term success. Keep these points in mind, tread carefully in the market, and you will be able to go further in the future.
Tie Tie, remember! Hold on, hold on again! Don't mess around
As a veteran who has worked in the cryptocurrency circle for more than ten years and makes a living by speculating in cryptocurrencies, I sincerely advise you a few words:
1. The market fluctuates, and the cycle is clear: a round of market takes about four years from beginning to end, let's take a look: 16-18, 20-21, 23-2025.
2. Long-term holding can make big money: especially in the early stage of the bull market, when the four-year cycle just starts, it is the time for you to hold on.
3. Big bull coins will rise sooner or later: any undervalued big bull coin, as long as you dare to hold it, will explode sooner or later!
4. Don't compare with mainstream coins: most small coins will not be able to outperform mainstream coins in the end, and you may not be able to outperform the big cake if you mess around!
5. The regret of the bull market is that you didn't hold on: most people regret not holding on in the bull market, not not buying!
6. When no one believes in the bull market, the bull market is coming: When no one thinks it is a bull market, it is actually right in front of us!
Long-term players are the ultimate winners. Don't be easily scared away by market fluctuations. Holding on to your chips is the best way!
Trading Skills! 10 Money-Making Secrets, Each One is a Bitter Experience
The investment market is ever-changing, and many people enter wanting to make quick money, but get lost in the ups and downs. Trading is not gambling; it is a skill and an art. The following 10 maxims are the bitter experiences of those who have come before you, concise and practical, worthy of your remembrance.
1. Protect your capital first, then talk about profits No matter how the market changes, your capital is your 'lifeline'. Don’t enter the market lightly before understanding the risks. Capital safety is always the top priority, making more or less comes after.
2. If you don't understand it, don’t operate Some market situations may look tempting, but if you haven’t grasped the trend and logic, it’s better to stay still. Confusion is a signal; keep watching at this time.
3. Don’t be greedy, lock in profits Once you’ve made money, take the profit. Don’t wait until the market reverses to regret; locking in profits is the real gain.
4. Cut losses, don’t cling to battles Sometimes when the situation is unfavorable, you must decisively exit the market; delaying will only expand the losses. Cutting losses is to preserve your capital and to find new opportunities.
5. Diversify positions, don’t concentrate bets Don’t put all your funds into one project; the market is always unpredictable. Diversifying positions spreads the risk.
6. Follow the trend, don’t go against it The market is like waves, and you are the boat. It is hard to make money going against the trend; riding the waves can yield better results. Judge the market direction and follow the trend.
7. Make calm judgments, don’t follow the crowd Just because everyone is going somewhere, doesn’t mean it’s a good place. Hot spots that are too hot often see their peak; analyze rationally and don’t follow blindly.
8. Make a plan, don’t act on impulse Before trading, set your plan and establish buy and sell points. Random operations will only leave you lost; having a plan in mind makes your operations stable.
9. Record trades, reflect and summarize After each trade, record it, and analyze the reasons for success and failure. Only by reviewing can you continuously improve.
10. Maintain your mindset, don’t rush or be impatient Haste makes waste; trading requires patience. Being eager for success will only lead to mistakes; a stable mindset is crucial for long-term survival in the market.
These 10 maxims are key on the trading path. Remember, every successful trader summarizes experiences through practice, understands persistence, and knows how to be content.
Want to avoid losing money in the crypto world? Remember these tricks!
Having been in the crypto space for quite some time, I have some insights to share. Today, let's talk about how to avoid losing money as much as possible.
Retail investors often have a common issue: they hold on during losses and run away during profits, only focusing on their account balance without considering market trends and trading volumes. What’s the result? They sink deeper when losing and can only scrape a small profit when winning.
In fact, it should be the opposite: stabilize the profits you earn and run quickly when you incur losses.
My method for taking profits and cutting losses is very simple: if I make a 15% profit and it drops to 10%, I sell; if the market is good, I continue to hold and let the profits run a little longer. Conversely, if it drops more than 5% right after buying, I decisively cut my losses without hesitation.
Think about it: if you make 10% each time and lose no more than 5%, even if you break even, doing this 100 times can multiply your investment several times. This method isn’t complicated; the hard part is managing greed and fear.
If you are currently always in the red and don’t know how to operate, just follow me and click on my profile to find me anytime; I share strategies for both contracts and spot trading. Just looking to gain followers, not playing any tricks.
Don’t miss the opportunity to double your altcoins! Only by choosing the right track in the cryptocurrency circle can you outperform the bull market
Although the altcoin season is late, it will never be absent. In the cryptocurrency circle, choosing the right track and catching the rising trend is the key to making money. So how to choose the track when buying coins in the upcoming altcoin opportunities? The following points will help you grasp the "lifeline" of making money!
1. Choose a good track, at least avoid 90% of detours Why is it so important to choose a track? Because the track is popular, more funds will flow in, and the market will naturally rise faster! Currently, the hottest tracks include AI, Layer2, DeFi, GameFi, etc. These tracks are not only popular, but also often have a large number of investors and institutions paying attention to them.
Seven Rules of Cryptocurrency Trading, Remembering Them Means Profit!
1. High-Low Arrangement, Watch and Wait First Don't rush to act when the market is consolidating. After a period of consolidation, there is often a new direction; waiting for the trend to clarify before taking action is a safer choice.
2. Hot Positions Need to Change, Don't Get Attached Popular positions are mostly speculation; once the hype fades, funds withdraw quickly. If you lag behind, you'll be left in confusion.
3. Rising Gap, Steadily Grab the Big Profit When K-line opens high during an uptrend with increased volume, it indicates the acceleration phase has arrived. At this moment, staying put will lead to a wave of big profits waiting for you.
4. Huge Bullish Candle, Take Profits When Good After a huge bullish candle appears, there is generally a correction. No matter how high the position, decisively exit to lock in profits without retracement is true winning.
5. Buy on Bearish Lines, Sell on Bullish Lines Short-term traders look at daily averages and attack lines; if you buy wrong, you must compensate; if you sell wrong, you must flee. In short-term trading, avoid dragging things out; hold positions for a maximum of three days to a week, and don't linger even if it's good.
6. Don't Sell on Highs, Don't Buy on Dips This saying is the basic survival rule in the cryptocurrency world; remembering it allows for longevity, and stay as steady as a mountain during consolidation.
7. Enter Cautiously, Test the Waters with Small Amounts Even if you are confident, you cannot go all in; the only constant in the cryptocurrency world is change, and you must always leave a way out for your funds.
Simple and clear, executing it well allows for steady progress in the cryptocurrency world!
Must-Read for Crypto: Five Rules to Make Your Investment Less Confusing!
In the cryptocurrency market, investors often lose direction due to information asymmetry and market volatility. The following five rules can help you avoid detours and move forward steadily.
1. Do Your Homework, Don’t Follow the Crowd Blindly Before entering any investment, it is crucial to understand the project's fundamentals and technical background. Don’t jump in just because of a “friend's recommendation” or “high popularity.” Research the whitepaper, team background, and community activity to ensure you are investing in a project with potential.
2. Diversify Your Investments to Reduce Risk The saying “Don’t put all your eggs in one basket” applies in the crypto world as well. Spreading your funds across multiple projects can effectively reduce the losses from a single project's failure. Choose different asset classes and industries to balance the risk.
3. Set Stop-Loss Points to Protect Your Funds No matter how optimistic you are about a project, always set a stop-loss point. Once the price falls below that level, cut your losses decisively. Stay rational and avoid making decisions based on emotions to prevent small losses from turning into large ones.
4. Hold with Patience, Avoid Short-Term Volatility The crypto market is highly volatile, with prices fluctuating wildly in the short term. Many successful investors are long-term holders. Stick to your investment plan and do not frequently enter and exit due to short-term fluctuations; patiently wait for the market to recover.
5. Keep Learning, Stay Ahead of Trends The crypto space changes rapidly, with new technologies and projects emerging constantly. Continuous learning is key to staying competitive. Keep an eye on market dynamics, technical analysis, and policy changes, and constantly update your knowledge base.
By following these five rules, you can not only walk more steadily in the crypto world but also stay calm amid market fluctuations, making rational investment decisions. Remember, successful investors are not just lucky; they have made thoughtful decisions and accumulated experience.
In the cryptocurrency world, many people are asking how to make money.
The rules of survival in the 21st century have changed. It is not about going to a factory, being a white-collar worker, or entering the system. Many people have made a fortune by speculating in cryptocurrencies. I have a friend who bought Dogecoin with 30,000 yuan. He did not run when the market value rose to a peak of 10 million yuan. Later, he cashed out and left the market when it fell to 5 million yuan. He made a lot of money. I also play contracts myself. I have multiplied dozens of times with tens of thousands of principal. From August 2023 to now, I have made more than 800 yuan. Is this considered making money?
But I want to tell you that these are only the stories of a few people. Most people lose money and regret it after losing money. Those who play contracts blame themselves for not controlling their hands and are always greedy and don't stop losses. Those who do spot trading regret why they took over those worthless coins and became the taker.
The cryptocurrency world is like other markets. It is recommended that you take a small amount of 5,000 to 10,000 yuan to test the water. When all this money is lost, it is considered to be a little experience. Then learn what news will affect the market, and get to know the project party, address, and blockchain. See what is hype about this coin and how the team controls the market.
Every circle makes money in the same way. You can't make money without learning. The news about getting rich overnight does exist, but it is just a gimmick to attract novices.
When you don't lose money or even make a small profit, wait patiently for the opportunity like a hunter, and once the time is right, strike decisively. Maybe you will be the next one to make money. Come on, learning is the only way to wealth!
Leave a "1" in the comments for friends who are confused about trading, and this bull market will take you ashore.