Summarizing several mindset issues that are easy to fall into during the process of trading cryptocurrencies, let's see if you have【Follow】
1. Fear of Missing Out Seeing others make money, feeling itchy inside, fearing to miss the next surge. But have you considered that chasing highs is always a risk!
2. Overconfidence After making a few profits, do you think you've figured out the market? Starting to get cocky! Don’t forget, the market often strikes hardest when you feel most confident. Staying alert is the key to long-term survival!
3. Turning Losses into Gains When you lose, you think about buying again to turn things around! But not admitting defeat may only lead you further down the wrong path. Sometimes, cutting losses is true wisdom!
4. Emotional Trading Seeing the market drop, panic sets in, and you hurry to sell; seeing the market rise, you can't help but jump in. This kind of emotional trading often leads to regret. Calm analysis and rational actions are the hard truths!
Trading cryptocurrencies is not just a battle of skills and strategies, but also a test of mindset! If you can't filter out strong coins, then I suggest you follow me. $BTC $ETH $SOL
Is Trump's token the driving force behind Bitcoin's surge?
Earlier this month, the price of BTC fell to around $90,000, only to recover to $100,000 on Thursday. Since then, the price has continued to soar, hitting an all-time high of $105,900 on Friday.
Trump's new meme token has stirred up Bitcoin and the entire crypto community, as he launched his new meme token yesterday morning, sending shockwaves through the Bitcoin and cryptocurrency space.
Most analysts and traders are preparing for continued volatility in the cryptocurrency market. Nevertheless, Trump's promotion of his new meme coin sends an optimistic message that he intends to fulfill his cryptocurrency commitments, which has fueled investors' expectations.
On Friday afternoon, the trading price of Bitcoin reached $104,800, skyrocketing to $105,900 later that day. The trading price of Bitcoin is $105,283, up 0.83% in the last 24 hours. Its 24-hour trading volume is $50.24 billion.
Trump has promised that he is ready to issue more than 100 executive orders immediately after taking office. Some have hinted that some of the executive orders will be related to Bitcoin or cryptocurrency, and expectations for prices will be high once he takes office. During the first 100 days of Trump's term, there will be at least one executive order on cryptocurrency! If you like contracts, enjoy research and analysis, and study technicals, click on my profile. With years of experience and skills in the crypto sphere, I share generously. I am waiting for you in the community, always online, welcome to discuss and progress together. $BTC $ETH $SOL
If you are born in a good age, you just need to follow the steps and you can get all the bonuses. But on the other hand, if you are born in a very competitive stage, it will be more uncomfortable. This is the fate of not having bonuses. However, even if you are born in a better period, it does not mean that you can get along well. Being in a bonus period does not mean that you can catch the bonuses. The bonuses of each era will also have some restrictions to constrain people. For example, if you want to get the bonus of real estate, you have to go to a big city. If you stay in the countryside, you can't get the bonus of real estate. You have to participate in this bonus circle, otherwise, even if you are born in this bonus period, you can't earn the bonus. Now this bonus period is definitely gone. After the bonus period is gone, the competition in all walks of life will be very fierce. Because we are in a stock market, it is already a stock market, there is so much demand, how can you not be competitive? If you want to know more about the relevant knowledge of the currency circle and first-hand cutting-edge information, click on the avatar to follow me, and share the contract reading skills for free, and give the points every day $BTC $ETH $SOL
I read a passage: "When you are hungry, you want to eat, which is natural. But greed for delicacies is human desire. Having clothes to wear is natural. But pursuing luxurious clothes is human desire. If you understand this truth, you can maintain a happy state of mind in your daily life."
I agree very much!
Then, I will draw inferences from one example: as long as you count what you already have, you will live a happy life. On the contrary, if you always think about what you have lost, you will live a very painful life.
As the saying goes, one thought of heaven and one thought of hell, isn't it the same?
Days are all plain. But as long as you keep peace in the plainness, I think it is the happiest!
As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don't know where to start? Follow me and watch me cook leaves, and take you to achieve freedom in this bull market. $BTC $ETH $SOL
The positives we focus on are generally long-term positives, and we don’t pay much attention to the short-term positives of the market like squeezing toothpaste.
For example, the real estate industry has gradually entered the mode of "housing for living, not for speculation". In the future, the economy will promote the development of important spiritual and cultural fields such as sports industry and medical industry. This is a long-term positive, and the long-term positive is in line with the law of social development.
For example, in the future, we will attach importance to supporting innovative drugs and policy support that is closely related to people's production and living standards. Therefore, we have seen all the positives, which are basically for one purpose, to make the whole society develop more efficiently and to further improve people's living standards. Therefore, we can adapt to long-term positives by looking for investment targets according to this idea.
Generally, long-term positives do not see too much benefit in the short term, but may feel that they are a kind of negative in the short term. For example, our rectification and governance in the medical beauty industry is a positive for individual leading enterprises, but it is still a negative for the entire industry in the short term. Therefore, the price paid by our long-term investors is the length of time to achieve long-term positives and a stage of patience in the middle.
In short, the money in this market is for long-term investors who have the patience to wait for the value to be realized slowly. It will be transferred from the hands of restless people to the hands of these patient capitals who can wait quietly. As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don’t know where to start? Follow me and watch me cook leaves, and I will help you achieve freedom in this bull market. $BTC $ETH $SOL
1 What truly torments you is never anyone's ruthlessness. It is not the bad things, but your expectations and uncontrollable imagination. 2 Don't make too many friends; having one or two close ones is enough. The fewer friends you have, the better life will be. 3 When you're in a bad mood, listen to music or watch a TV series to timely shift your attention. 4 Do not have any expectations of anyone, including parents, spouses, siblings, or children. 5 You can live well even without a friend. 6 What has become a fact, ignore it. If you don't know how to filter strong currencies, then I suggest you follow me. $BTC $ETH $SOL
The core of getting promoted and getting rich is the ability to learn throughout life. Learning is not about filling a cup, but lighting a lamp. Knowledge passes through the words in front of your eyes,
turns into inspiration in your mind,
and then turns into wisdom in action.
Seeing ≠ understanding.
Understanding ≠ internalization.
Internalization ≠ application.
Just like learning to cook in a restaurant:
Looking at the menu first is learning,
Understanding the combination of ingredients is understanding,
Creating a unique taste is internalization.
As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in cryptocurrency but don't know where to start? Follow me and watch me cook leaves, and I will help you achieve freedom in this bull market. $BTC $ETH $SOL
First, maintain a sense of boundaries. At work, don't tell your colleagues everything, don't take everything on yourself, know how to refuse, advance and retreat appropriately, and stop when it's enough! The most comfortable relationship between people is not to distinguish between you and me, but to have a sense of boundaries that are appropriate and not exceed the rules!
Second, dare to fight back. For those who speak insinuations and are negative about you, just give them a cold face. There is no need to be nice to unreasonable people. On the contrary, if you lose your temper, others will not dare to do anything to you, and may even be afraid of you! You must know that in the workplace, people are afraid of the strong and the weak are bullied. The less you are afraid of offending them, the more they are afraid of offending you!
Third, it's okay to be unsociable. Don't laugh and joke with your colleagues all day long, making yourself seem very gregarious, unless you are pretending, or you are stupid! Talk about work with colleagues instead of feelings, don't gossip about others, your job is to make money, you are all working, and there is no need to build personal connections!
Fourth, don't care about anyone's evaluation. Don't live in other people's saliva, don't be sensitive, disdain the evaluation of leaders and colleagues, finish every day's work with the mentality of resigning, refuse internal friction, and refuse to work with excessive responsibility. The less you care, the easier it will be for you! As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don't know where to start? Follow me and watch me cook leaves, and take you to achieve freedom in this bull market. $BTC $ETH $SOL
During the transaction, we have to follow the trend, so how to judge the trend direction? Among them, judging the trend according to the upper, middle and lower tracks of the BOLL (Boll) indicator is relatively accurate!
1. When the upper, middle and lower tracks of the Bollinger Bands are moving upward at the same time, the surface market has obvious strong characteristics and will continue to rise in the short term. At this time, you should firmly hold the currency and wait for the rise. The price fluctuates between the middle and upper tracks and is considered a long market.
2. When the upper, middle and lower tracks of the Bollinger Bands are moving downward at the same time, the surface market has obvious weak characteristics and will continue to fall in the short term. At this time, you should firmly wait and see. When the price fluctuates downward between the middle and lower tracks, it is a short market.
3. When the upper track of the Bollinger Bands is moving downward, while the middle and lower tracks are still moving upward, the surface market is in a consolidation trend. If the market is in a long-term upward trend, the surface market is a strong consolidation on the way up. At this time, you can hold the currency and wait for the rise or increase your position on dips.
4. When the upper, middle and lower tracks of the Bollinger Bands are almost horizontally moving at the same time, it means that the price of the currency is in a state of sideways fluctuation. At this time, the Martingale strategy can be used to sell high and buy low within the range. As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don’t know where to start? Follow me and watch me cook leaves, and I will help you achieve freedom in this bull market. $BTC $ETH $SOL
When energy is insufficient, the following methods can effectively restore energy:
1. Get more sleep to restore body functions.
2. Maintain proper exercise, endorphins and dopamine will make you feel calm and happy.
3. Write an emotional diary, understand your emotions, and try to find the reasons behind them.
4. Connect with people with high energy, you don’t have to talk face to face, even reading itself is a process of connection.
5. Eat fresh vegetables and fruits to let your body take in enough nutrients.
6. Do some small things that make you happy, make yourself happy first, and increase the energy frequency.
7. Meditate and give yourself some time to empty your mind.
8. The most important point is to allow yourself to have low energy temporarily, try to manage your energy, stop internal consumption and self-attack.
As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don’t know where to start? Follow me and watch me cook leaves, and take you to achieve freedom in this bull market.
After ten years of accumulation in the cryptocurrency space, I have summarized some experiences that I hope can help you avoid detours. When there is a sharp decline and the coin does not drop, it is usually due to the market makers protecting the price, making it worth holding. For short-term trading, look at the 5-day moving average; if it breaks, sell.
For medium-term trading, look at the 20-day moving average; if it breaks, exit. If there is no fluctuation or a loss exceeding 5% within three days of purchase, cut losses immediately.
Following market trends is key to success, and leading coins are the strongest and most stable. During a main upward wave, decisively enter when there is a significant increase in volume, and reduce positions in a timely manner when there is a significant decrease in volume. Avoid emotional decision-making, manage risks, and diversify investments to effectively reduce risk.
Continuous learning and optimizing trading strategies are the secrets to maintaining success. Find a rhythm that suits you, continually review and summarize experiences, and optimize your decision-making system. Stay calm and patient, move forward steadily, and you too can achieve success in the cryptocurrency space. As a seasoned cryptocurrency investor, I freely share my experiences and insights. Interested in the cryptocurrency space but don't know where to start? Follow me to see my insights and guide you to achieve freedom in this bull market.
Three Major Loss Misconceptions in Bull Markets: Avoiding Them is Profit!
The bull market has arrived, and the market is in a frenzy, but there are always more people losing money. Why? Because most people fall into the following three major misconceptions, resulting in increasing losses with every move!
1. Frequent Switching of Holdings Chasing after any coin that rises, only to see it plummet after buying; the coins you sold may surge instead, and when you buy back, you fall into the trap again... Tip: Don’t blindly chase trends; hold onto the coins you are confident in, and wait for them to rise. A bull market is not about seizing every opportunity, but about maintaining your own stability.
2. Short-term Speculation Thinking about buying low and selling high, only to see the price soar after you sell, and then having to buy back at a higher price, incurring even greater losses. Tip: The bull market is a stage for long-term holders; don’t miss out on multiple times the gains for a quick 30% profit!
3. Contract Leverage Leverage makes you feel like you can double your money, but the risks are also doubled. In a bull market, junk projects may soar, while quality projects might plunge, and a small misstep could lead to liquidation and total loss. Tip: In a bull market, spot trading is enough for you to profit, so stay away from leverage! If you don’t know how to pick strong coins, then I suggest you follow me. $BTC $ETH $SOL
The market is always full of uncertainty. Many people strive to chase high prices when the market is rising, thinking that small investments are not a big deal, but once the prices fall, they begin to question and complain, even accusing it of being a 'scam'. In fact, this is how investing works: confidence is high when prices rise, but doubts arise when they fall.
If you are a short-term speculator, remember a simple principle: take profits when you make money, and cut losses when you lose. There are not many truly good projects, and even fewer investors can persist in holding them. Now that the prices have corrected, many people are starting to call for bottom fishing, but if you really believe in this project, you should buy in without hesitation and hold firmly, rather than wait for prices to rise again before chasing.
True investors will hold firmly when they see value and timely sell what they don't believe in to seek more promising opportunities. The market is unpredictable; only by learning to make decisions at the right moment and responding flexibly can one stand firm in this ever-changing market. As a seasoned cryptocurrency investor, I share my experiences and insights for free. Interested in the cryptocurrency world but don't know where to start? Follow me to see my insights and guide you to achieve freedom in this bull market.
Technical analysis is an important tool in the cryptocurrency market, helping us grasp market sentiment and trends. Through indicators like MACD, KDJ, and RSI, we can identify market greed and fear, allowing us to make rational decisions. Key points: Long-term perspective: Short-term K-line can easily confuse people; monthly and weekly lines better reflect the real trend. Trading volume: Long-term trading volume can accurately reflect capital movement, while short-term fluctuations may be false signals. Discipline: The core of technical analysis is to execute signals and avoid emotional decision-making. Combine with fundamentals: Technical analysis needs to be combined with the project's fundamentals; high-quality projects + strong technical signals are the best choice. In summary, technical analysis helps us identify market trends, capture buying and selling opportunities, and when combined with a long-term perspective and trading volume, it allows us to navigate the cryptocurrency market more steadily.
If you like contracts, enjoy studying charts, and researching technology, click on my avatar. I have years of experience and skills in the crypto circle, sharing them for free. I am here waiting for you, always online, welcome to discuss and improve together.
100 Yuan Counterattack in the Cryptocurrency World: How to Achieve Great Returns with Small Capital?
The cryptocurrency world is not only about large capital making profits; with just 100 Yuan, you can also turn your fortunes around! Reflecting on my experience, in 2021, I turned a principal of 100 Yuan into 10,000 Yuan in just two days. This was thanks to precise market insights and a rolling strategy in the primary market. Although the current market isn't as easy to double your investment, there are still opportunities to achieve significant gains with small capital.
Key Factors for Success: Seize Market Trends: The primary market and trending cryptocurrencies are crucial. Even with limited funds, seizing opportunities can still yield considerable profits.
Risk Control: The cryptocurrency market is highly volatile, and heavy investments carry high risks. It's essential to diversify risks to avoid significant losses. Quick Response: Timeliness of information is critical; making timely decisions and adjusting strategies are key to winning. Current Market Environment: Right now, it's difficult to operate with 100 Yuan in the secondary market, but in the primary market, with access to timely information and quick responses, there are still opportunities to profit from price differences. Although withdrawals and transaction fees have certain restrictions, proper operations can still yield substantial returns.
Conclusion: The cryptocurrency world is a zero-sum game; however, with the right strategy and determination, 100 Yuan can also create wealth miracles in this market. Experienced in the cryptocurrency field, feel free to reach out to me for consultation.
Want to play in the crypto world, but only have 50 dollars, how to play?
From 50 dollars to earning USDT: The risks and lessons of contracts. I started with 50 dollars and gradually achieved profits through a rolling strategy, ultimately successfully converting my earnings to USDT. Although I made some profits, the lessons learned during the process made me deeply reflect. Contract trading seems to bring quick profits, but it is actually no different from gambling. Once it gets out of control, profits and losses depend entirely on a moment's decision.
The risks of contracts: A moment of heaven, a moment of hell: Contract trading is highly volatile. If a decision is made incorrectly, losses can accumulate rapidly, even bringing you back to square one overnight. Losing control of emotions: In the face of profits, many people easily lose themselves and even become irrational, eventually losing back the money they earned. From 'profit' to 'loss': Even if you earn some, it is possible to lose it all back due to a moment of impulse. Therefore, even though contracts can bring short-term high returns, in the long run, the probability of loss is much higher than that of profit.
Conclusion: The process of making money is not easy, especially in contract trading. Although it is possible to earn some in the short term, the most important thing is to manage risks well and avoid impulsive actions. For most people, a stable investment strategy is the key to long-term success. Contracts are just short-term speculation, and ultimately may lead to losing all profits back. If you like contracts, enjoy studying the market and researching technology, click on my profile. I have years of experience and tips in the crypto world to share for free. I am waiting for you in the community, always online, welcome to discuss and improve together. $BTC $ETH $SOL
The process of hoarding coins is truly agonizing; only those who can persevere may laugh until the end. The rule of the cryptocurrency world is simple: the more you endure, the greater the rewards. Opportunities that seem easy to profit from will not come to you. Those who believe that 'as long as it can make money, it’s a good coin' are basically bound to lose. How to make money? By gambling? That's laughable.
Looking back at past bull markets, many so-called old coins never really exploded; instead, after the coins gained momentum, who was willing to take over? Nowadays, there are more and more people in the cryptocurrency world, why? Because everyone feels that life is too difficult and is eager to try their luck, wanting to hold onto a 'wealth dream.' These people treat the cryptocurrency world as a casino, clinging to the fantasy of 'what if I could get rich overnight,' but can you always be lucky? Those who habitually speculate are destined to exit early.
Every time the market fluctuates, investors with a gambling mentality always suffer the most; scenes of panic selling and lamenting are all too common. Such investment is better left alone. There are plenty of ways to make big money; why stubbornly cling to the cryptocurrency world? Try to stay away from things that drive you to despair. The cryptocurrency world is actually very simple: choose the right coins and hold them steadily. Don’t place all your hopes here; it’s easy to be deceived and swayed by emotions. The noise from outside is not important; waiting to sell is the most crucial. As an experienced cryptocurrency investor, I share my insights and experiences for free. Interested in the cryptocurrency world but don’t know where to start? Follow me to see how I navigate this bull market to achieve freedom. $BTC $ETH $SOL
In the cryptocurrency space, trading contracts is risky and challenging. If you plan to enter with a capital of $5000, keep the following points in mind. In terms of fund allocation, only use up to $500 (10% of the capital) to open a position, and reserve $4500 for additional investments; do not go all-in at once.
In terms of strategy, focus on Bitcoin and avoid altcoins, as being overly greedy can lead to pitfalls. For example, I once invested in multiple coins and ended up being liquidated; always set stop-loss orders when opening positions, adjusting the distance based on market fluctuations—this is crucial for survival, so don’t be overly optimistic. Additional investments should be planned, with at least enough remaining capital to add 4 times, gradually increasing the amount to lower the average price for profit.
Contract trading has high demands on players. In terms of fund management, control the risk per trade to 2% - 5%, otherwise, in unfavorable situations, the drawdown can be large, and the mindset can easily collapse. The trading system needs to accumulate experience over the long term; initially, use small amounts to explore, and do not hastily increase your investment. In terms of execution, strictly adhere to stop-loss orders, do not counter-trend by trying to catch the bottom, and avoid betting on low-probability events.
For small retail investors trading contracts, it is advisable to start with a small amount of money that you can afford to lose; choose a leverage of 2 - 3 times and plan your capital according to larger time frames; focus on operating with 1 hour, 4 hour, or daily charts as these larger time frames are key. In summary, the risks in cryptocurrency contracts are significant, so be sure to trade lightly, follow the trend, set stop-losses, participate rationally, and do not act impulsively. As a seasoned cryptocurrency investor, I share my experiences and insights for free. Are you interested in the cryptocurrency space but don’t know where to start? Follow me to see my analysis and let me guide you to achieve freedom in this bull market.
The cryptocurrency world may be tempting, but don't mistake trading coins for everything; it's just a part of life. When entering the crypto space, first establish a correct worldview. Investment is a seasoning for life, serving life, so don't neglect family and friends in the pursuit of wealth. Without family and friendship, no matter how high your achievements in the crypto space, it feels empty.
Enjoy the investment process; don't let market fluctuations ruin your mood or destroy the joy of life. Neither life nor the crypto world should be confined by dogma; avoid setting unrealistic goals, or your mindset will be unbalanced. Knowing what to do and what not to do is more important than blindly chasing high returns.
If your investment rhythm is off, don't be afraid; bravely cut your losses and start over. The investment journey has many twists and turns; starting anew may lead to brighter days.
May you find balance between the crypto world and life, and not let investment overwhelm you. Treasure your family and friends, appreciate the beauty of life, and be happy every day. If you don't know how to filter strong coins, then I suggest you follow me. $BTC $ETH $SOL
How Ordinary People Play in the Cryptocurrency World
A university graduate from a regular farming family, with no background, resources, or business talent. After graduation, I switched between sales and management positions, with a salary of a few thousand yuan barely enough to make ends meet, and no hope of starting a family.
By chance, I got introduced to the cryptocurrency world through a friend, but mistakenly fell into a Ponzi scheme, losing over twenty thousand. This painful lesson made me realize: projects that claim guaranteed profits are all aimed at the principal. But this also motivated me to start learning about Bitcoin, Ethereum, and understanding various exchanges.
If ordinary people want to enter the cryptocurrency world, these key points must be remembered: Build Knowledge: Understand the principles of blockchain and cryptocurrencies through online courses, professional books, and forum communities. Invest Cautiously: Based on risk tolerance and goals, allocate assets reasonably, set stop-loss and take-profit points, and avoid emotional trading. Choose Reliable Platforms: Evaluate platforms based on reputation, security, fees, customer service, etc., and choose well-known and trustworthy ones.
Stay Updated: Pay attention to market news, policies, and industry trends to assist investment decisions. Whether ordinary people can profit in the cryptocurrency world depends on knowledge, risk tolerance, awareness of fund security, and compliance with regulations. The cryptocurrency world is filled with opportunities and risks, and one must be fully prepared and plan before getting involved. Investing is not a shortcut to wealth; it requires long-term persistence and effort.
Actually, this is true in all industries. After five years of struggling in the cryptocurrency world, I see it as an opportunity to take control of my life. Although the journey is tough, moving forward with caution may open up new horizons. What do you think about the cryptocurrency world? Click on my profile to follow me, and I will share market strategies for free, various contract and spot reference points. Be my fan, and I will help you get ashore; you just need to relax.