How long did it take to go from 8,000 yuan to 8 million yuan?
In a six-year trading career, what is the method to achieve periodic and stable profits?
Is it frequent short-term trading or high-leverage gambling, or is it to get the dividends of the market.

I admit that half of my income was indeed earned in the bull market in 21 years, but the real reason for stable income is low-multiple compound interest plus enough patience
Although the market is open to everyone for trading 24 hours a day, how many opportunities are left for everyone to operate? In terms of a year, I think there are only two or three months of opportunities for us to operate

Sometimes I chat with friends about why they say that 90% of people in the market are losing money. Why are they losing money?
Is it because of lack of experience? Is it because I don’t know enough? I think you may understand what I understand, and you may understand what I don’t understand better than me. So what is wrong? There are too many myths and legends, and a few people who get rich quickly are exaggerated. That is just a trap of capital
Being too impetuous is the biggest disadvantage
You and I are all fish, so why don’t we want to be a fisherman?

KLAY: The scam of brand upgrade is revealed, traders should short it instead of buying it.

Binance supports KLAY's brand upgrade to KAIA, and will delist KLAY on October 28. As soon as the news came out, KLAY skyrocketed instantly, but in fact, this was just to pull the market to allow the dealer to sell.

Binance has had many brand upgrades before, and it has never skyrocketed so much after the announcement of the news. The reason why it can pull the market this time may be that the popularity of KLAY is too low, and few people buy it, and the dealer can't sell all the goods. It can only let more people know about it by pulling the market and skyrocketing, so as to attract retail investors to buy and take over.

Brand upgrade is not a good thing, but a bad thing. I have explained this logic many times before, and I will persuade one person if I can.

Brand upgrade is nothing more than token replacement, that is, the project party sells all the previously issued tokens from their hands and issues new tokens. Since the project party has the right to allocate tokens, they can allocate new tokens to themselves again, and can then sell the tokens to cash out and leave.

It is said that the circulation of KLAY has increased after the upgrade. For such project parties that do not care about the value of the project and the interests of retail investors, what good results can be achieved by investing in them?

Refer to the upgraded tokens such as $G and $RENDER, how they depreciated. Therefore, shorting is enough.

Accurately predict the REEF plunge, the current drop is more than 100%, where will the price go next?

The previous judgment on REEF was quite accurate. First, on the evening of the 14th, it was reminded that the funding rate was too low, and it might plummet to harvest retail investors who wanted to go long and eat the funding rate. As a result, it plummeted 60% from the high on the 15th. That night, I also posted a message to remind people not to buy the bottom, and then it continued to fall by 40%.

As for the specific logic, the articles I have posted have explained it. Here I will only explain the results and will not repeat the process. So, REEF, which has plummeted for two consecutive days, should be shorted or long now?

At present, I think REEF is in an oversold state. The plunge is too fast. If it continues to fall, it may be delisted.

I gave an example before that REEF may continue to fall like HIGH in June this year. But you can compare it. Taking the Bollinger Bands as a reference, HIGH has never fallen below the lower track of the Bollinger Bands, while REEF has fallen below the lower track a lot.

So I said "it plummeted too fast". If you don't want to bear the risk of being delisted, REEF must rebound at least once.

The current funding rate is extremely low, and it is unlikely to plummet again when there are too many shorts, and REEF shows a double bottom pattern with large volume at the one-hour level.

Therefore, you can go long at the current price and control your position.

For take profit and stop loss, just set it according to the profit and loss ratio of 1:1. This transaction is super cost-effective. Due to space limitations, I may post another article to explain this later.

After REEF surged for many days, it plummeted 55% from its high. Do not buy and hold it for too long.

Many people may think that the sudden plunge in prices at high levels is a good opportunity to buy the bottom and wait for a rebound.

I admit that normal varieties such as mainstream coins can do this, but it is more dangerous to think so for altcoins. You can refer to the previous trend of $HIGH, which fell infinitely without rebound.

Due to the low market value of altcoins and the concentration of chips in the hands of dealers, once artificially pulled or smashed, it is basically a very exaggerated one-sided market, unlike mainstream coins that will pull back if they rise too much and rebound if they fall too much.

In addition to meme, many small currencies with low market value can only rise by pulling the market. After the dealer pulls the market and sells the goods, it plummets and rarely pulls it again.

Moreover, retail investors always like to short at high positions and go long at low positions for such altcoins with large fluctuations. At present, the REEF funding rate has returned to a positive number, and the bulls are leading. If you are a dealer, which side would you choose to harvest?

Don’t think you are getting a bargain by buying now. No one bought REEF when it was 0.001. Then it rose to 0.01 and then plummeted to 0.004. If you bought it at this time, wouldn’t you be taken advantage of?

Let me briefly describe the reasons for the recent surge, and my opinion on the so-called "bull market".

First of all, the reasons are the positive factors of Bitcoin's surge of 10%.

First, the news of the postponement of the compensation of Mentougou, which may mean that the sell-off caused by the compensation will be postponed. Previously, the news of Mentougou caused Bitcoin to plummet several times, and the market is more sensitive to this news.

Second, Harris has made a clear statement in support of cryptocurrency. At present, her approval rating is far behind Trump, and she may want to use this as a last-ditch struggle to canvass votes. After all, there is not much time left for the election, and she may "play big tricks" in this regard in the future, which is worth paying attention to.

Third, the mainland has begun to impose taxes on overseas investments of super-rich people, and the relevant tax rate may be as high as 20%, which has indirectly increased the demand of the rich for cryptocurrencies, especially Bitcoin.

Let's talk about the view on "Bull Return".

I think this is a normal rise in the past few days, not the kind of rise that can bring BTC to 100,000 US dollars all the way, and it is necessary to blindly chase high. Because the average daily trading volume of Bitcoin during this period is not high, it is not enough to produce a large-scale unilateral market.

It can be seen that after rising above 66,000, it quickly fell back to 65,000. The resistance at the historical high is very strong, and it is not appropriate to buy at the resistance level. A more prudent way is to buy on dips after the price successfully breaks through and the market sentiment is high.

The market is generally rising, share a small currency that can be ambushed.

Recently, thanks to the frequent good news and Bitcoin leading the rise, many small currencies have been independently pulled up. At this time, you can ambush some coins that have not yet started, which may rise in rotation.

Share a less well-known coin: ZIL.

Just the day before yesterday, ZIL voted for half a month to pass the halving policy. Starting this month, ZIL will begin to reduce mining rewards. This move can reduce market selling pressure and help prices rise.

Refer to Bitcoin's continuous rise after the reduction in production, which is a real positive. Not only may it be hyped up in the short term, but the reduction in production often brings long-term appreciation space.

At the same time, through observation, it was found that some whales and large funds began to focus on ZIL to buy.

As an old and strong coin, ZIL is a good choice for both short-term speculation and long-term holding.

Last night, I told myself to buy Ethereum at 2420-2440. I got on the train at the best position. When I woke up, it was much higher than the stop-profit position. The direction was right and I slept well.

I looked at the one-hour candlestick chart. This rise was like a thunderbolt. Next, I will wait for 2,600 or even 3,000.

Buy WLD, there is a high probability that it will soon pull up.

Although this type of institutional currency is controversial, it is not ambiguous when it really pulls up. Refer to the last round from 1 US dollar to 11 US dollars.

As shown in the figure, Figure 1 is the Binance K-line chart, and Figure 2 is the K-line chart of a small exchange. Comparing the trading volume, it can be seen that the $wld dealer may be quietly absorbing funds in a small exchange to cover up his tracks.

What I shared is the spot K-line chart, because the pull up requires spot, and the signs of bottom accumulation have been maintained for a long time, so you can pay attention.

At the same time, there must be people who refute that $wld has a huge amount of unlocking every day, and how can it rise with excessive inflation?

It's very simple, the pull up creates heat and attracts funds to short. Then, continue to pull up and harvest shorts, making short funds the "fuel" for pulling up. This is not just talk. It can be seen that $wld has not continued to fall since it was unlocked, but has often risen. This is the reason.

More importantly, $wld shows a bottoming out and stabilizing pattern on the large-scale K-line, which is worthy of special attention. It is a good idea to make a medium- to long-term investment and wait for an outbreak.

When a token encounters an independent market, how to predict the movements of the manipulators behind the scenes and use them to trade?

Take $Apt as an example.

Under normal circumstances, the rise and fall of altcoins follow Bitcoin (except for some with very small trading volume). In recent years, Apt has been an independent market, indicating that there are funds behind it to manipulate it artificially.

Everyone has different habits, so artificial manipulation is inevitably accompanied by some rules. Independent market, quickly find the frequent rules, and use it to trade and make profits.

As shown in the figure, after Apt opens an independent market, it often follows the trend line in a parallel channel to go up/down in a wave-like manner. From this, it can be guessed that the trading team behind it may like to do bands or tend to wave theory.

Therefore, if you want to find an entry trading opportunity for Apt, you can refer to the trend channel I drew. If you want to short on the upper trend line, but don’t know where to set the stop loss, and are worried about the risk of liquidation in counter-trend trading, then you can wait for Apt to pull back to the lower trend line and buy in.

For reference, the next buying opportunity is about 9 to 9.5 US dollars.

Many altcoins will inevitably show patterns after they go out of independent market conditions. In addition to Apt, you can also find other currencies that meet the conditions and trade them through this method, such as Sui.

Sui: The short-term price may peak, but the long-term value is seriously underestimated as the "second public chain in the United States".

Recently, Sui has received good news one after another. First, Grayscale announced that Sui's trust fund was officially open to qualified investors for purchase. At the same time, Sui released its own game console. Then the world's second largest stablecoin issuer announced the issuance of USDC on the Sui chain. Recently, Sui also cooperated with Apt to create a Move pump, etc.

A series of factors have contributed to the continuous rise of Sui. However, Sui has now risen to its historical highest price, and the resistance to rise is extremely strong. The price may peak in the short term.

But from a long-term perspective, Sui is still bullish.

First of all, Sui has been rising in a shrinking volume for only one month, not a large-scale pull caused by speculation. This kind of rise driven by real good news, even if the callback is only at a high level, will not plummet to the starting point of the rise.

Secondly, Sui not only has good news, it has now developed into the "second public chain in the United States". Currently in the US crypto market, Sol represents the peak of the Rust language, and Sui represents the peak of the Move language. Sol released its mobile phone a year ago, and its price has increased fivefold since then. Sui released its game console a month ago, and its price has only increased twofold so far.

More importantly, Sui’s highest price after listing on Binance was only $2. It did not explode in the last bull market like other tokens. I dare not imagine if Sui explodes, will it be $20 or $100.

With the meme coin craze, the buying opportunity of PEPE is gradually emerging.

Through the chain, it was found that the whale who had previously traded PEPE with a 100% winning rate increased his position again after four months.

At present, his holdings are worth about 8.2 million US dollars, the cost price is 0.0133, and the current price of PEPE is 0.0101. His position is currently in a floating loss state, which may be a good time to buy at the bottom.

The trading behavior of the project team or this kind of whale with a very high winning rate can be used as an important reference. At the beginning of September, the 1inch project team increased its position to buy its tokens. At that time, I also sent an article to remind the public to buy, and then it gained 5% in just one day.

In addition, the current meme coin market is very hot. PEPE is considered an old meme, and its market transactions have been very active, and its connotation culture is also very rich.

In addition, PEPE's current market value ranks 25th in cryptocurrencies. Although investing in high-market-cap tokens is not as cost-effective as low-market-cap tokens, this also shows that its consensus is broad and the community is strong.

In the last bull market, the meme coin DOGE reached a market value of 100 billion at its peak. The current market value of PEPE is only 4.2 billion US dollars. Whether in the short term or in the long term, it is a worthy option to buy.

Take advantage of the meme craze and quickly find an opportunity to buy it at a low price!

Why did the price of Neiro skyrocket after the arrest of its market maker? What opportunities are usually associated with such events?

Previously, the CEO of Gobit, the market maker of Neiro, had been arrested. After the news was announced, the price of Neiro immediately plummeted in a short period of time, but then rebounded and rose quickly.

For the bad news spread in the market, we must learn to distinguish which ones can be bought at the bottom and which ones can be left as soon as possible.

For example, the founder of Binance was arrested and imprisoned at the end of April this year. At that time, the price of BNB plummeted, but then rebounded to 700 US dollars.

Unless the news of bankruptcy is verified, such as Binance really went bankrupt and closed, then BNB must be sold as soon as possible.

Otherwise, generally speaking, the first time the market is smashed after the bad news triggers panic is usually a "gold pit".

Back to the topic, from another perspective, this matter may be good for Neiro. As a meme coin, its value depends on the community and consensus. The arrest of the market maker will not be a devastating blow to the meme coin, and it also eliminates its regulatory risks. From this point of view, the rise of Neiro is traceable.

In addition, Gobit is also the market maker of CATI and HMSTR, and these two tokens can also be paid attention to.

Yesterday's profit feedback, and a correction: At which price to trade Ethereum on the weekend?

The weekend will be a volatile market. The wealth code shared yesterday explained shorting around 2465-2495 and shorting around 2350-2380.

Ethereum rose to 2471 this morning and then fell rapidly, and the short position has made a profit.

The short position of 2470 given by the member group also made a profit at the same time, and the position was more accurate, and it also included specific stop-profit and stop-loss, which is very important for short-term trading.

After all, the members in the member group are all brothers who play contracts, so they will be more professional. Usually, what is sent to the outside is basically investment research, and only occasionally send contract orders, because I think it is not good to send contracts all the time, the reason has been mentioned before, this market is not only about contracts to make money.

Next, correct the price focus of the weekend.

Go long around 2380-2410 and short around 2460-2490 on the weekend. I wish you all a smooth transaction.

In the next two days of the weekend, where is the high point and low point of the Ethereum price?

All the contract articles shared this week are profitable. The long positions of 2310-2340 and short positions of 2420-2450 issued yesterday were all traded and stopped at profit in the early morning of today.

Tomorrow and the day after tomorrow are weekends, and the market is basically volatile, so there is nothing to say. After knowing the approximate high and low points, just buy low and sell high.

The high point of Ethereum is 2465-2495, and the low point is 2350-2380.

In fact, weekends have always been a money-making market. As mentioned above, short-term trading can quickly make profits.

If you think the fluctuation range of mainstream coins is too small and the handling fee expenditure is too high, you can choose some altcoins that are exactly the same as Ethereum, such as ENS. This kind of altcoin that is closely related to Ethereum and has normal liquidity is affected by Ethereum, and the price fluctuation is larger.

As for the general direction, it is a later story, at least after this week.

What will be the trend of SCR after it opens, and at which price should it be traded?

In fact, there are many arbitrage opportunities after the new currency is launched. Even if you fail to grab the opening, it is easy to make a profit in subsequent transactions.

If you observe carefully, you will find that: within 24 hours after the new currency is launched, there will basically be no unilateral market, and it is often a volatile market, oscillating up or down.

The reason is that there are many participants and high trading volume in the early stage of the launch of the new currency. In this case, the long-short game will be very fierce, so the price will continue to have highs and lows in the short term.

For example, why some small currencies will fall for dozens of days and months in a row, such as BNX, is because there are too few people trading. And why mainstream currencies will not be like this, but often oscillate, is because the mainstream currency trading volume is large enough.

So within one day of the launch, you can use the constantly appearing lows and highs to buy low and sell high arbitrage, and even use the Martingale strategy without loss.

Next, share the reasonable price of SCR.

Based on similar projects such as ARB and OP, it is estimated that the reasonable price of SCR should be around 1.4 to 1.5, and you can buy low and sell high around this price.

Why is WIF, a meme coin of Solana, better than BOME and BONK?

Perhaps many people have been misled. Seeing the recent surge in low-market-cap tokens and the ridicule of vc coins, they mistakenly believe that low-market-cap projects are better than high-market-cap ones.

Wrong. Usually, the higher the market value of a company, the stronger it is than the company with a lower market value. The same is true for tokens. If the market value is too low, there is even a risk of delisting.

Of course, it is not wrong not to buy high-market-cap vc coins. After all, there is little circulation and subsequent selling pressure is too great.

But meme coins are different. They have the characteristics of full circulation. The higher the market value, the stronger the consensus. I have seen many people misled. When choosing meme coins, they also do not buy high-market-cap ones.

Today is different from the past. Now meme coins are flying all over the sky. When there are too many low-market-cap meme coins, it is easier to make a profit by choosing high-market-cap ones.

Although low-market-cap meme coins have greater room for growth, there are too many of them, and the probability of choosing the right one is like buying a lottery ticket. It is better to choose some "old brands" that have been through the test of time, because the crypto market itself has leverage.

Ethereum wealth code, 90% accuracy.

Today at noon, I shared 2340-2370 long positions, and in the evening, it fell to 2368 accurately and then quickly rose to 2400. I have said before that I usually write more investment research, and this kind of contract trading is shared according to my mood.

Since the entry position is very good every time and it has been profitable, I am also very happy, so I will write the wealth code again tonight.

After tomorrow, it will be a weekend, and the mainstream currency market will definitely fluctuate for two days.

Ethereum has the possibility of going down in the big trend. However, even if it falls, it will not fall too much based on the current funds in the market, at least it is unlikely within this week.

If Ethereum falls below 2300, you can continue to buy at the bottom and hold it as a swing trade.

Next, according to convention, the wealth code is given directly.

2310-2340 long positions, 2280 stop loss.

2420-2450 short positions, 2480 stop loss.

I wish you all a smooth transaction.

Still complaining about the dog dealer's wash? One trick to teach you how to judge and crack it.

As shown in the figure, during this period, have you often seen the trend of mainstream coins going up and down, cutting back and forth long and short positions? Some people call it wash, and some people call it shock. Today I will share some practical insights for this.

I personally think this is a shock market, and the judgment logic is as follows.

For mainstream coins to produce a unilateral market, sufficient funds are needed to pull or smash the market. If there is insufficient funds in the market, it will not be able to get out of the unilateral market, and the price fluctuation range is very small.

The simplest way is to look at the trading volume of Bitcoin spot per minute.

During this period, most of the time, the trading volume per minute was only a few or a dozen Bitcoins, which directly reflected the small amount of funds in the market. Usually, if you want to have a unilateral market, at least the trading volume per minute will not be in the single digit, and it will generally be hundreds of Bitcoins.

Therefore, if there is insufficient funds in the market, the mainstream currency market will continue to fluctuate. Recently, the daily rise and fall of Bitcoin is usually only one percent.

How to crack it? Go long at the support level and go short at the resistance level.

Since there will be no one-sided market, as long as the entry position is appropriate and the position management is proper, counter-trend trading will eventually make a profit.

Wait for more funds in the market, and then look for trend entry. Before that, you can always buy low and sell high to make a profit. There is no need to hold orders in one direction. This may not be difficult.

Ethereum intraday trading reference, 90% accuracy.

The wealth code given last night was shorted at 2465-2485. As shown in the figure, it quickly rose to 2472, and then quickly plummeted to 2351.

As mentioned yesterday, the current market funds are insufficient to produce a unilateral market, and the market will remain volatile this week. Whether long or short, as long as the position is controlled well, the price will definitely reverse.

Next, the intraday trading position is given directly according to convention.
2420-2450 short, stop loss 2480.
2340-2370 long, stop loss 2305.

While writing investment research recently, this wealth code given from time to time has been profitable, and there are rarely stop losses. Your support is also the motivation for me to share.

I wish you all a smooth transaction.

Ethereum wealth code, 90% accuracy. At the same time, share the market trend this week.

The wealth code given last night is actually correct. It's just that the price given is too tricky. Because the fluctuation of the market is too small, it is a little far from the transaction.

You can see that the current increase list is often some small-cap tokens.

The funds in the market are limited. When only small-cap projects in the entire market soar, it means that there is not enough money in this market now, which is not enough to make those high-cap tokens rise.

The result of the small amount of money in the market is that the market remains volatile, and the mainstream currency rises and falls by at most one or two percentage points a day.

Therefore, I think there will be no big market this week.

If you want to make a quick profit in the short term, you can only buy low and sell high, and quickly enter and exit for short-term trading.

Next, give the wealth code directly according to convention.
2380~2400 long, 2345 stop loss.
2465~2485 short, 2510 stop loss.

I wish you all a smooth transaction.