How miserable I am now. My credit card of several hundred dollars is overdue. Huabei is also overdue. I still owe a lot of debt. Regarding the bull market brought about by the US interest rate cut and Bitcoin halving in 2024, I wanted to take a chance, and I took over at a high price again and again. Can I still hold on?
The divergence at the daily level, plus the retracement wave ABC is basically completed, then BTC may have a unilateral upward trend in the next month. So, let's see a reversal of the trend.
What does Trump's assassination have to do with the currency circle? His election ended the war and the United States began to cut interest rates, then the bull market came.
The helplessness in real life, wanting to change through a bull market, how naive and difficult.
In the days when there was no money, a few dozen dollars was a huge sum of money. Thinking back to the past, I was swayed by emotions day by day, opened high leverage, and lost tens of thousands in a few minutes.
I regret my failed life, the struggles I have experienced, the belittlement and suppression of my beloved, all the ridicule, let me realize something.
The bottom is hopeless, waiting for opportunities, ready to go. Find the seal and step on the right trend
Before I entered the cryptocurrency trading circle, I had seen many cases of people being ruined by cryptocurrency trading, and I had read stories of people getting rich overnight by cryptocurrency trading. I knew this was the beginning of a super difficult mode, fighting against my own greed and human nature. I thought I knew enough about various technical indicators, from wave theory to entanglement theory, from maxs to MA moving averages. From Fibonacci retracements to Bollinger band channels. From macroeconomic analysis to US interest rate hikes. I thought I had analyzed it thoroughly enough, but in the end, the market trend was mostly contrary to me. The result was that I made a mistake in buying orders and lost money. I did not set stop-profit and stop-loss for many times, and my position was directly liquidated. The longer I trade, the more complicated my trading system becomes. Simple trading system. Continuous execution, Control the frequency of opening orders.
My own account of 4 years of cryptocurrency trading
I used to naively think that history would repeat itself. The once-in-four-year bull market is an opportunity for ordinary people to turn the tide and change their fate. Yes, it is 2024 now. From 23 years to now, Bitcoin has indeed reached a new high. The bull market seems so close to me, but looking back at my holdings, I bought all some crappy altcoins. The logic of altcoins has changed. Not only did I not get the increase, but I also faced huge losses. And my contracts were also liquidated all the way. The altcoin long contracts with 3x and 4x leverage were all liquidated.
My idol Banmuxia directly announced that he could not understand the current market and quit the cryptocurrency circle. He stopped updating Weibo.
The military commander community I followed was also long all the way and lost money all the way.
In my 4-year contract career, I have endured countless nights, faced countless fund backtests, and suffered the pain and struggle of heavy book losses.
Offline, I can't bear to buy clothes for 50 yuan a piece, and I can't bear to treat people to a meal for 100 yuan. I sew and mend my life, and spend money like water on cryptocurrency trading. My view of money became confused, and my family was facing the crisis of breaking up at any time. My capital was only tens of thousands of yuan, and I could only make a few thousand yuan a day at most, but I lost more than ten thousand yuan in a few big drawdowns, and it happened for several consecutive days.
The indicators and signals I studied were useless in the market where both long and short positions were killed. The funds in the contract account immediately returned to zero. This is the result of my 4 years of contract trading. I really have no choice but to eat this bowl of rice.
Life is like this, which makes me want but not get it. For me, contracts have changed from investment to casinos. From rational development to emotional operation I once knelt in front of the Buddha, seeking the way to enlightenment, The word "trend" lingered in my mind, and I followed the trend.
From then on, changing the world and getting rich overnight has nothing to do with me. #BTC☀
The critical time point is coming soon. Pay attention to the daily rebound strength of Bitcoin, which has reached 0.66. Is it possible that it is an abc structure? What follows is the beginning of the downward C wave?
Combined with history, the 3 months before Bitcoin halving, which is January to early March now, there may be another big drop. Brothers, please leave some bullets to increase the position. #BTC
Last time we mentioned that Horseshoe is taking a key position to break through and rise. It finally came five or six days later. Patience is rare and valuable, but the pressure caused by the downward trend of Bitcoin last night still made me seek stability and get out. A little regret #MATIC/USDT #BTC!
The MATIC structure is also perfect. If the previous high is broken, if BTC breaks the previous high strongly and Ether breaks through, it will be even more important to hold on. Currencies with better hidden structures will have greater room for growth in the later period. It’s time to make some changes. Move the stop loss upward to ensure profits and don’t lose your principal. #BTC #MATIC
The super structure is perfect and it breaks through as expected. According to the breaking wave theory, the third wave of daily line level rise starts, and the middle line of two or three days is captured. Against the backdrop of Bitcoin’s great bull run, it’s immeasurable. Adopt an upward stop-loss protection strategy. #SUPER #BTC
Bitcoin has risen so much in this bull market. On the other hand, among the major altcoins, except for Sol, which is the best, most of the others have only increased very little. The impact of ftx on sol caused him to drop to 8 points. It was just because of the implication, not the problem of the project itself, so it is indeed normal to return to its due value. I have to admit that the increase is really exaggerated.
As for Ethereum and Bitcoin, they are about to set off to new highs. According to past logic, Bitcoin’s growth rate is greater than that of Ether in the early stage of the bull market, and Ethereum’s growth rate is greater than that of Bitcoin in the mid-term. So? As the king of altcoins rises, each altcoin may have good compensatory growth. #ETH/USDT #MATIC/USDT #sushi #AAVE #AVAX
According to past experience, will the next market trend be that Bitcoin starts to fluctuate sideways? Immediately afterwards, altcoins began to make up for their gains. At present, the gains of many altcoins are too small. Going long altcoins is less risky than going long Bitcoin. #DOGE #PEPEP #MATIC