Sorry, I was a little late in writing the article last night.
I mainly watched the Olympic tennis competition. After more than three hours of fighting, Zheng Qinwen defeated the former world number one and entered the Olympic semi-finals, tying Li Na's record.
Tennis is a difficult sport for our system. We had Li Na before and now there is Zheng Qinwen. It is not easy.
When you are not speculating in cryptocurrencies, you should pay more attention to other things. The cryptocurrency circle is just like that. As long as you have established your position, there is no need to spend too much time here. It is enough to read Shisan’s articles and the news every day.
The less you operate, the greater your chances of making money;
The less you pay attention, the more likely you are to go in circles;
Today's market has an upward trend, and I have told everyone in the circle to enter the market slowly.
Of course, this is just Thirteen’s personal judgment. The risk of market fluctuations in the short term is still very high.
Especially today I saw a piece of data that someone counted the months when Bitcoin rises and falls every year, and found that Bitcoin falls for at least 3 months every year, no matter how much it falls, even 1%.
Bitcoin has only been falling for two months this year, and according to historical rules, it will continue to fall for at least another month.
Will it be August?
Because the interest rate will be cut in September, there will be more money in the market after the cut and the probability of a decline is not high. Therefore, the probability of a correction in August is the highest.
The current price of Bitcoin is 66,400. As long as it is lower than this price by the end of August, it will be considered a decline and continue to maintain historical patterns.
Of course, even if it falls, it won’t fall much. History will not simply repeat itself. We just need to do our own thing well.
2，
The reason for the market pullback in the past two days is the unusual movement of the US government’s wallet.
Now it has been confirmed that others are just organizing their wallets and are not actually selling. The infighting between Trump and Biden that we imagined is also groundless.
After this negative news disappears, the market should start to rise, so Thirteen made the above judgment.
Of course, it is also supported by macro and on-chain data.
But no one knows what will happen in the future. If the market falls back, don’t criticize me.
Some platforms are not rigorous in providing some key information, and it can even be said that they do so intentionally.
Such important and sensitive news was released without verification, causing Bitcoin to drop from 70,000 to 66,000.
One cannot help but suspect that the invisible hands behind the scenes are controlling things again.
But there is no way, this is the cryptocurrency world. As ordinary investors, it is best not to operate frequently.
When Bitcoin reached 70,000, the selling pressure in the market increased. This wave of decline has absorbed a lot of the selling pressure and also absorbed the negative news.
Therefore, there is a high probability that the market will rebound in the next week.
If your position has been completed, then you don’t need to pay too much attention to it. Anyway, we are not going to sell it when the wave goes up. We are waiting for more than 100,000 Bitcoins.
For many investors who have not yet completed their positions, Bitcoin price around 66,000 is a good time to enter the market. You can choose to enter the market in an orderly manner.
3，
The trend of cryptocurrencies is actually extremely boring most of the time, with consolidation cycles exceeding 70%.
For example, from March to now, it has been consolidating.
The process is very torturous. Many people have suffered heavy losses in the past few months, and some have even left the market with all their money.
Compared with consolidation, investors actually prefer a plummeting market. At least the market fluctuates, and fluctuations bring opportunities to make money.
The boring consolidation market has made investors lose patience. They originally entered the cryptocurrency circle to get rich quickly, but the volatility of Bitcoin has been lower than that of the S&P 500 for a long time.
These people will basically be eliminated during the consolidation period.
However, Thirteen’s fans are still enjoying it. I see that everyone is having a blast every day, as if they were injected with chicken blood.
The consolidation period is actually a practice in life. We have been waiting. What are we waiting for?
Waiting for the cryptocurrency to have a 20% growth cycle, as long as we successfully catch up with this cycle, our assets can basically increase by about 5 times.
Many people may look down on a 5-fold return, but think about it, if you are in the stock market, is it difficult to make 30%? Would you be satisfied?
Why do you feel unsatisfied when you enter the cryptocurrency world?
4，
In this round of bull and bear market, Bitcoin has increased more than 4 times from the lowest 15,000 to the current 66,000.
The overall trend of cryptocurrency has been upward during this period, so logically, we should make money as long as we hold on to it.
But what is the cruel reality?
Most of them lost money. Why?
Everyone should think seriously about this question: why do you lose money?
For example, when the market plummeted some time ago, Shisan had been recharging everyone's faith, allowing everyone to successfully buy the bottom of Bitcoin at 54,000, Sol below 120, and Ethereum around 2,800.
When faced with a sharp drop, what was everyone's mentality? Panic, helplessness, and fear of entering the market.
Some people even deliberately spread negative remarks. When they see someone buying at the bottom, they think that he is a leek. When they stand at a high point, they think that others' operations are idiotic. Now looking back, who is the real Sabi?
Therefore, when you are in the cryptocurrency circle, you must follow the right people.
Don’t be influenced by the comments of the leeks. The leeks are all losing money in this circle, and you will only lose money if you follow their actions.
You should see how veterans in the cryptocurrency circle like Thirteen operate in the cryptocurrency circle.
How do they view the cryptocurrency world? What do they invest in? How do they invest? How do they control their positions?
What are they doing when the market is falling? What are they doing when the market is rising?
These are what you should learn.
Come on, people in the cryptocurrency world,
Welcome to: Minus Thirteen Degrees
Let’s go through the bull and bear markets together and see through the mundane affairs of the cryptocurrency world.
