In the past, people who talked about cryptocurrency trading were all talented and elite. Now, people who talk about cryptocurrency trading are all losers and gamblers

A bull market of hellish difficulty, it is difficult for individuals to catch the trend

If you want to dig deep into the cryptocurrency circle, but can't find a clue,

You can 👉 learn more in my profile

Fans can come to me to get a potential coin with at least 10 times the value, which is valid forever

The past and present of the four kings of the cryptocurrency circle: the hottest projects are doomed to die
The previous four kings died: FIL, ICP, XCH, BZ
The current four kings died: OP, ARB, STRK, ZK
The future four kings died: ……………………
Leave a message in the comment area, guess who will be the next four kings? Stay away from these projects!

The downward revision of 818,000 is indeed a large number. This is the largest downward revision since 2009. The elasticity and resilience of the economy seem like a joke in the face of the downward revision of employment data. Of course, the Federal Reserve is also helpless. They also look at this data.

Next, we will see Powell’s speech at the Jackson Hole Annual Meeting. It is estimated that he will also mention the downward revision of employment data. The interest rate cut in September is 100%, and the probability of the dot plot recovering three times is very high.

Rest early, there will be big moves in the early morning and tomorrow.
If you want to increase your position, don't worry, wait for the big position I said.

At present, the real-time price is more than 59,200 as I said, and it is best to eat the 1,200 US dollar range. At this moment, it eats the 500 US dollar range.
At least you won't lose money.

Attention in the early morning: rare, sol, pepe, sats, Bitcoin, Dogecoin, Ethereum...
If you want to increase your position, just execute it according to the points I said.

The fact is that you have fallen into the trap of the main force.
The twists and turns from A to B carefully planned by the main force have made most people lose their way.
For several months, the core of their careful layout is to induce retail investors to deviate from value investment, fall into the fog of short-term profit-seeking, wear out everyone's patience, and only see the small profits in front of them.
Market retail investors generally expect volatility to be normal, and they are eager to sell as soon as the increase appears, waiting for a correction before entering again. This mentality is exactly what the main force wants.
Faced with short-term temptations, greed will be infinitely magnified

We have all heard these words: the market is born in despair, rises in hesitation, and ends in madness.
Let me explain it to new friends in the currency circle.
Born in despair: rising is bad news, falling is bad news, even breathing is bad news.
Rising in hesitation: when it just rises, the main force must make everyone confused about the direction, so as to reduce the intervention of chips in the early stage of rising. The main force consolidates in the middle in order to digest the profit-taking, fully change hands, and raise the cost of holding chips for retail investors.
Ending in madness: the more people dare not chase the main force, the more it pulls up, and when retail investors can't resist the temptation of rising and enter the market, the market will be fomo, and it is the time for the main force to ship.

Yesterday the market was still struggling around 58,000 yuan, but today it broke through 61,000 yuan. When I wrote this, the price of the coin fell below 60,000 yuan again. Why is Bitcoin jumping up and down now? It is really a monkey market! The recent market has really been jumping up and down. Yesterday, Bitcoin was still struggling around 58,000 yuan, but when I woke up, Bitcoin rushed straight to 6.15w. The single-day amplitude was close to 4,000 points, but there was no obvious amplification in the volume. The market gave me the feeling that large funds are very sensitive, but liquidity is slightly insufficient, so if there is a slight fluctuation in sentiment, the price of the coin will fluctuate at a large level. Fortunately, it is upward today, which has also restored some confidence in the cottage market. The market has a general atmosphere of celebration. If there is any news about the Middle East war and Trump's lower chance of winning in a few days, it is estimated that the market will have to go down. In short, the current market has not determined the direction in the short term. After all, short-term uncertainty is still there. From the perspective of volume, it is just a rebound in normal fluctuations. Don't use too much leverage at this time.

What kind of people don't stop loss?
In addition to not stopping loss, what will you do when you stop profit?
Let's take a look at your past and whether you are still like this now?
1. You will suffer a floating loss when you enter the market. If you lose 10 points, you will add a position. If you lose 10 points again, you will add another position... The position is full and you will leave it to fate.
2. You take a light position, set a stop loss, and it is knocked out. After a while, you enter the market with a 2x position, set a stop loss, and it is knocked out... Smoked a few cigarettes... The position is full and you will leave it to fate.
3. Last month, I lost all my wealth in the liquidation. I learned from the pain and stopped for a few days. Today, I opened the market and saw that the WCao point was the opportunity. I borrowed 100,000 and entered the market with a stop loss? Impossible, if you don't succeed, you will die.
You can't carry it back once, but you can't carry it back twice. If you carry it back twice, you may explode the third time. You can't be lucky all the time.
People who have experienced it understand that the order that was carried back by luck 9 times cannot be compared with the 10th time to return to the abyss by relying on your own ability.
In addition, people who like to carry orders, every time they carry an order back, do they immediately close the position, light a cigarette, calm down their nervous emotions, and take a long breath, "It's a close call, fortunately it's back", but they will do the same next time.
Therefore, people who like to carry orders can generally take orders with floating losses, but not orders with floating profits, which leads to such people being quickly cleared out by the market.

At present, the market has experienced multiple violent declines in a row. At present, except for Bitcoin, most altcoins have reached a relatively bottom range. We are waiting for the Federal Reserve interest rate decision next month, and Japan may raise interest rates again. Basically, the market will be able to bottom out.

At that time, it was a position to build a position that we were waiting for and long-term holding as we said before. And what exactly is the bottom?

For currency speculation, a reasonable price is not a bottom. A significant deviation and lower than a reasonable price can form a bottom. Most of the bottoms are flat. If a V-shape appears, most of them will have two or three drops. The trend of exploration appears.

The copycat season is expected to begin, and the market capitalization ratio has reached the bottom of the bear market, which is also near the strong support point of the first two cycles. It has been brewing for a long time. When it was at this position last year, the stock price rose nearly three times in height. Now it has returned to this position again. If the interest rate cuts are implemented, the height in the next two years will be far higher than before.

To achieve 10 times the return in the cryptocurrency circle through spot trading in the next year, the key lies in the following core points:

1. Patience in holding coins: It is important to be patient and not sell easily for short-term profits. From September last year to March this year, currencies such as $ORDI, $SOL, $RNDR, $WIF, $PEPE, $BONK, $FET, etc. have achieved more than 10 times growth. Therefore, firm holding is the key.

2. Choose the right currency for value investment:

-Track leader: Choose the leading currency in the track, don't choose the follower currency.

-Market value consideration: Choose currencies with relatively low circulating market value and total market value but large trading volume. Such currencies have more room for growth.

-Time consideration: Choose those currencies with a launch and wash time between 6-12 months. Such currencies have undergone preliminary market verification and may have more potential.

-Circulation rate: The circulation rate should be greater than 50% to ensure the liquidity and activity of the market.
-Price factor: Coins with lower unit price and multiple zeros after the decimal point usually have greater room for growth.
-Team background: The founder, team background, investment institutions and financing amount should be reliable and provide solid support for the project.

3. Recommended coins: Combining the above conditions, the following coins have potential high return opportunities:
- SATS
- ENS*
- FET
- PEOPLE

These coins have good development prospects in the market and meet the above value investment standards. They are worth paying close attention to and investing in in the next year.

Bitcoin started to fall rapidly from 60,800 at 10 pm, and the market crash was obvious. It has dropped rapidly from the highest 61,400 to 59,100 at this moment. It seems that 60,000 is no longer safe.
However, the more critical the point, the more we should not be afraid of the market crash. The market crash is to scare away some of the unsteady bulls, and then rebound. The negative decline is relatively scary (the trend of continuous decline is difficult to change).

The probability of the Fed cutting interest rates by 25 basis points in September is 77%
The probability of cutting interest rates by 50 basis points is 23%
The Fed's interest rate cut is generally good for the cryptocurrency circle
The interest rate cut will increase market liquidity, reduce capital costs,
Encourage investment and consumption, and the global risk-free rate of return will fluctuate downward
The US dollar index is gradually weakening, and non-US currencies may tend to appreciate
The global cryptocurrency circle may benefit, thereby stimulating the rise of the cryptocurrency circle,
September is about to begin, and the enthusiasm of the two parties for speculation is about to arrive
Then they begin to release funds to benefit various markets
No matter how Powell causes panic in the market next
The interest rate cut will definitely provide a favorable economic stimulus to the market,
After September, the interest rate cut will bring big cakes, US stocks, gold and A shares to rise
And big cakes will usher in a long-term big positive line for many weeks
If you haven't made a lot of money from September last year to March this year, then you must seize the September of this year to March next year

When we are panicking, can you check what the market makers are doing?

What are the institutions that have entered the Bitcoin ETF doing?
Are their total holdings increasing or decreasing?
If they are still buying?
What qualifications do we have to judge that the bear market is coming?

Everyone knows that if you want to make money in the currency circle, you have to follow the rhythm of the market makers. The market makers are continuously buying the bottom and adding positions. Are you following this rhythm? It is normal for the market to fluctuate in the short term, and the long-term favorable trend remains unchanged. If you are in and out of the currency circle, Feilong suggests that you read more data related to Bitcoin, take time to read Feilong's articles every day, and pay as little attention to the trading market as possible. The more you pay attention, the greater the probability of your loss.

The currency circle is cruel, and only a small number of people are destined to make money in this circle. The market makers have an absolute advantage and earn most of the profits, and the remaining retail investors grab them together. How can we stand out from them and become retail investors who enjoy the profits of the currency circle?

Follow the panic of leeks and cut meat when the leeks plummet? Or is it a crazy short-term operation? As long as you don’t have a sound investment mentality, you can only be a money-spending boy in the cryptocurrency circle.

Why do so many people like to speculate in cryptocurrencies? This attraction is indeed very strong.

To summarize:
1. Potential for getting rich quickly: In traditional jobs, income growth is limited, and earning hundreds of thousands a year is already a very high income. However, in the cryptocurrency circle, by hoarding coins or participating in the bull market, there is an opportunity to double or even increase wealth by a hundred times in a short period of time. This possibility of getting rich quickly is irresistible.
2. Amazing rate of return: The increase in the value of currencies such as Ethereum and Dogecoin in the bull market is often dozens or even hundreds of times. This rate of return is almost impossible to achieve in traditional investments, which has aroused great interest among investors.
3. The stimulation of contract leverage: Leverage trading in the cryptocurrency circle can make the principal multiply by hundreds or even thousands of times in a very short time. This huge income is very tempting, although the risk is also amazingly high.
4. Compared with traditional work: Compared with the hard and long work of accumulating wealth, the quick money effect of the cryptocurrency circle makes many people unwilling to obtain income through traditional work, but choose to join the cryptocurrency circle.
However, the high returns of the cryptocurrency circle are accompanied by extremely high risks. Although there is a chance to get rich quickly, many people have become "leeks" and suffered heavy losses in the pursuit of wealth. You mentioned that you should be cautious when entering the circle, emphasizing more learning and steady operation, so that you can survive in the cryptocurrency circle and eventually gain benefits.
In general, the appeal of the cryptocurrency circle comes from its possibility of getting rich quickly, but this also requires investors to have sufficient knowledge and risk management capabilities, otherwise it is easy to suffer heavy losses in the pursuit of high returns.

wif
Wif had a good start this week, but the bulls failed to sustain the support, and the price also fell from 1.80. It has shrunk by nearly 30% this week. It is not an exaggeration to say that it has become the worst performing currency this week?

At present, wif has pulled back to around 1.3. The previous surge led to a sharp drop without support.

At the 4-hour level, if it does not fall below the price of 1.383, it may continue to test downward in the short term.

Xixi suggests that if it falls below 1.358u, the short-selling target is 1.136u. If it breaks through 1.358, then you can consider a small-level short-term long.

How many times can you gamble in your life?
The upper limit of wealth for ordinary people is 2 million yuan, so if you don't take a chance and turn a bicycle into a motorcycle, what's the difference between you and salted fish? Fuck the rise and fall of leverage.
The upper limit of wealth for ordinary people in this life is 2 million yuan. Let's do the math. A person graduates at the age of 22 and retires at the age of 60. Doesn't that mean he can only work and make money for 38 years? 38 years is a total of 14,000 days. You get married, have children, fall in love, go shopping, travel, and get sick. You only have 10,000 days left. If you earn 1,000 yuan a day, your upper limit of wealth is 10 million yuan.
The truth is that many people who do ordinary jobs only earn 200 yuan a day, so your upper limit in this life is 2 million yuan, and this 2 million yuan is still an ideal state. You can only make 2 million yuan if you don't get sick, don't lose your job, and don't spend money.

In fact, there is a sector where the chance of getting rich is relatively high

This sector is the meme coin sector, especially those listed on Binance

Because there are fewer meme coins listed on Binance than other sectors, but there are one or two explosions almost every year

Like doge, shib, floki, pepe, people, etc., if you catch them, you will get at least ten times the return.

It’s not that I don’t think vc coins are good, but meme coins are easier to catch and easier to get rich, so I should pay more attention to the meme coin sector in the future.

Many people asked me why I haven't become rich after 7 years in the industry? Now I will answer this question!

Because human nature is greedy, as long as you don't leave the gambling table, the money you win is not money. Sometimes in order to make a whole number, you will lose everything in the end
Sometimes for faith, you will be trapped by faith in the end
Sometimes you have obviously made a lot of money, and when you are satisfied, just when you are ready to run, the banker runs away first
I have experienced various moments of freedom in 7 years, but they all stopped at that moment

I think maybe I am still too young, so I don't understand human nature thoroughly enough, and my ability to control wealth is not enough. It may also be destined that I will not retire so early
😄😄

The current cryptocurrency market is not an incremental market, but a stock market.

The obvious feeling is that there are fewer and fewer people in the cryptocurrency circle. Is it because the market is not doing well and the cryptocurrency circle is finished?

In fact, it is not. It is just because the price of the currency is not rising. If most of the altcoins double several times or dozens of times, forming a benefit effect, then people outside the circle will flock in.

Because ordinary people have no thinking ability, the more the price of the currency rises, the more they will buy. Even if you rise to the sky, there will only be more and more people taking over. If the price of the currency does not rise, everyone feels hopeless, but no one will.

The correct approach is that the colder the market, the more you should buy. The hotter the market, the more you should leave! Most people do the opposite, so only a few make money!

Nine truths in the cryptocurrency circle, master them and avoid three years of detours:
Hold on to low-priced chips: Don't be fooled easily, be firm in your faith, and prevent the dealer from harvesting chips through counter-trading and smashing the market.
Avoid chasing ups and downs: Full-position operation is a taboo. Under the favorable general trend, choose to build positions in batches when the market falls, which is safer, lower cost and more profitable than chasing ups.
Reasonable distribution of profits: maximize the release of funds, rather than blindly adding positions to ensure that funds are used most effectively.
Rapid rise and sell out, sharp fall and keep the currency: No matter how the market changes, you must maintain a good mentality, not speculate, not impetuous, not greedy, not afraid, and fight a prepared battle.
Strategies keep pace with the times: low-price ambush or private placement stage relies on experience and betting on the future, while secondary market games rely on technical aspects and news aspects to avoid putting the cart before the horse.
Build positions in layers and ship gradually: open up the price segment, effectively control the risk and profit ratio, and avoid ups and downs.
Pay attention to the linkage effect: pay attention to the overall market when playing coins, and pay attention to the trends of other coins. The coin circle is not isolated, and the intricate linkage effect requires proficiency in mastering and using various information tools.
Reasonable allocation: Balance the allocation of hot coins and value coins, considering both the ability to withstand pressure and the ability to grasp profits. Being too conservative will miss opportunities, and being too aggressive may face high risks. Value coins are mainly stable, and hot coins fluctuate greatly. It is possible to become famous overnight or return to zero overnight.
Investment based on idle money: keep the market with coins, the account with oil, and the pocket with money. This configuration is the most reassuring. You can't go all-in. The rationality of risk control and capital allocation determines your mentality and success or failure.