In trading, the unpredictable short-term market is the norm, and we cannot fully understand it. However, we can fight against the volatility of the market by building a solid investment strategy.

Speculation is not about analyzing the reasons after the rise and fall, but predicting the general trend of the market before it fluctuates. Then, we need to carefully lay out strategies and positions and make wise bets.

Sailing in the torrent of the cryptocurrency circle, have you ever wondered why it feels like the dealer can always see through your thoughts in advance, as if the market is controlled by an invisible hand? In fact, there are many layers of truth behind this.

First of all, information asymmetry is the norm. Dealers and senior players have more resources and information, and can more accurately predict the market direction. But this does not mean that they can read minds directly, but that they have a broader vision and deeper analytical ability.

Furthermore, market manipulation is also a factor that cannot be ignored. In some cases, dealers will use their financial and information advantages to create market fluctuations and guide retail behavior. This strategy makes retail investors feel "insighted", which is actually part of the market strategy.

ByBit and FTX exchanged their platform coins in early November 2021: ByBit exchanged 100 million BIT for 3.36 million FTT for FTX, and both parties promised not to sell within 3 years.
Now there are 2 months to go until the 3-year deadline, and it is likely to be sold after the restricted sale ends.

At that time, it was an equal exchange, but now the value gap is very different: 100 million BIT is worth $57.73M; 3.36 million FTT is worth only $4.47M.
Oh, by the way, BitDAO (BIT) has been upgraded to Mantle (MNT).

Cryptocurrency trading is a long-term plan, not a one-day plan, so don't rush it. Even if there is a loss in the short term, there is nothing to be afraid of.

As long as the subsequent direction is chosen correctly, the lost will eventually return again. However, you should pay attention to the timing of making orders and the current market trends, so that the winning rate will increase.

At the same time, investment is also a process of growth. It is recommended that all coin friends should learn while operating, and make timely self-summaries of profits and losses, deepen their understanding of risks, and have the correct mentality planning, so that they can reasonably avoid risks and become a qualified investor.

Weighted average cost method: If you invest 10,000 U when the price of a certain currency is 10U, and then invest another 10,000 U when it falls to 5U, your average cost will be 6.67U, not 7.5 as commonly believed U. This is because you later buy the same quantity at a lower price than you did earlier, thus significantly lowering the average cost.

When you are getting richer and richer!

After you are rich, don't be arrogant to suppress people in your old circle, don't show off, this will attract hatred, arouse people's jealousy and malice.

Respect them. The more low-key you are, the more you respect people, the more you care about people, and the more you consider other people's feelings, the better you can keep your wealth, and the more people will help you.

If you are too arrogant, suppress others, don't give them face, and arouse people's hatred, they will find ways to kill you.

There are too many people who can't stand your good.

So, don't make an enemy easily. We are not gods, and it is impossible not to make mistakes in the future. As long as someone continues to dig holes for you and find ways to harm you, you will still be caught.

If you have made money in the cryptocurrency circle and want to keep it, you can consider the following aspects~

Don't be greedy. Many people want to make more money after making money, but they invest the money again and may lose a lot in the end. So, when you make a certain amount of money, you should restrain your impulse to continue taking risks

Secondly, take out some of the money and put it in a safe place. For example, deposit it in a regular bank. Although the interest rate may not be high, it is at least safer and will not be gone all of a sudden

Finally, don't live too extravagantly. Don't spend money lavishly just because you suddenly have money. Maintain rational consumption habits so that your money can stay in your hands for a longer time

1. About income

Suppose you have 1 million yuan. When the income reaches 100%, the assets will reach 2 million yuan. If you lose 50% next, it means that your assets will return to 1 million yuan. Obviously, it is much easier to lose 50% than to earn 100%.

2. About the rise and fall

If you have 1 million yuan, the assets reach 1.1 million yuan after a 10% increase on the first day, and then the assets remain 990,000 yuan after a 10% drop on the second day. On the contrary, if the first day drops 10% and the second day rises 10%, the assets are still 990,000 yuan.

3. About volatility

If you have 1 million yuan, you earn 40% in the first year, lose 20% in the second year, earn 40% in the third year, lose 20% in the fourth year, earn 40% in the fifth year and lose 20% in the sixth year, and the remaining assets are 1.405 million yuan. The six-year annual yield is only 5.83%, even lower than the face rate of the 5-year certificate treasury bond.

How to really make money in the cryptocurrency world?

Small funds, know nothing
Only consider Bitcoin, Ethereum, BNB. You can't make 100 times, but if a novice doesn't lose money, he is making money.

Small funds, but old investors who know how to invest
Understand the track, projects and human nature. Buy new instead of old, and pay attention to potential projects with low market value.

Medium funds, know a little but not proficient
Large positions are equipped with high-quality mainstream coins, and small positions chase hot spots.

Life has a high tolerance rate for mistakes, which is unimaginable.

Because life is meaningless,

The greatest meaning of life lies in experience,

Eating, drinking and having fun is not a waste of time, and hard work is not necessarily worth praising,

So don't always compare yourself with others, as this will only increase internal friction.

If you want to be in a daze, watch the sunset, count the stars, it is meaningful. So please allow yourself to make mistakes, allow occasional power outages, and continue to try, gain, and feel with regrets.

How to quit the addiction to cryptocurrency contracts?

I have heard of quitting drug addiction, smoking addiction, alcohol addiction, and sex addiction.

I have rarely heard of an addiction called contract addiction.

No matter what kind of addiction it is, the reason for addiction is that addiction makes people excited, paralyzed, infatuated, and unable to extricate themselves.

The cryptocurrency contract can be magnified tenfold or even a hundredfold, that is, 10 yuan can be used as 1,000 yuan, and 1,000 yuan can be used as 100,000 yuan.

If used well, it can play a role of four ounces to move a thousand pounds.

I used to be addicted to contracts for a while. I felt that if I was not greedy, I could earn 100U a day, and I could earn 3,000U in my spare time in a month, which was much better than going to work.

But often people's plans are not as good as God's plans, and things often do not develop as you expect.

I have also experienced several liquidations.

However, I only play contracts with one percent of my position funds, and I play with the mentality that all my principal will be zeroed.

Therefore, because I have a psychological expectation, even if the account is liquidated, my mentality is calm.
I will not feel bad because of losing money.

Witnessed 5 friends return to poverty in real life

A friend's home was demolished and he lost more than 1 million yuan. Then he believed in the sales pitch of a friend who was in real estate sales and went to the suburbs to buy a pre-sale house with full payment. As a result, who knew that the house was unfinished, and now I only see the foundation demolition payment, which just passed through my pocket.

The second friend invested 800,000 yuan in a supermarket with a partner, but the daily turnover was less than 2,000 yuan. Excluding the house, water, electricity, and labor, there was no return in a year, and the supermarket was about to go bankrupt.

The third friend, because he was drunk at the time, lent 1 million yuan to his childhood friend for emergency. As a result, the childhood friend's investment failed, and the company went bankrupt for many years. The money has never been returned and is still in court.

The fourth friend is usually very righteous and can't stand others saying good things about him. As long as others praise him, he will immediately float. As a result, he guaranteed for his friend and borrowed more than 800,000 yuan. The classmate ran away without money, and he became a victim of joint responsibility.

The fifth friend is a teacher who lives a frugal life and invests all his earnings in the stock market. His family lives in a one-bedroom apartment of 30 square meters allocated by his company, and he holds stocks that are constantly depreciating.
Do you have such a friend in your life?

On August 23, Base officially announced on the X platform that it has added an additional 40 ethers reward to Buildathon participants. Many developers have successfully integrated smart wallets, on-chain components, node validators, and payment tools. Due to the impressive quality of the submitted projects, the original 20 ethers reward is being distributed to hundreds of builders to thank them for their construction on Base.

The price of the cryptocurrency market is very much affected by news. Shorting requires a lot of prediction and skills, as does longing. Here are a few points to share
1. When the market is unclear, don't gamble with big funds, use small funds.

2. Obviously there may be huge positive situations in the future, don't go against the trend. For example, tomorrow morning, Trump may make a positive speech, which will blow up your short position. Obviously there will be huge fluctuations, such as CPI data and Federal Reserve meetings, so you must set up stop-profit and stop-loss.

3. Never short small-cap currencies.

4. The best leverage should never exceed 5 times. Unless you are 10 times confident that this is a huge positive, or a huge negative, is coming. Like Zheng Haosheng on Twitter, he used to be in LD. The reason why he took off so quickly was that he had learned the news in advance through his leader Lou Jiyue (his father is the president of a bank) before the negative policy was officially introduced on September 4, 2017. Think about whether you have this channel and resource information.

5. Only one or two people can become rich through contracts and keep their wealth. It is okay to make a little money.

From October last year to the middle of this year, SEI's secondary market has returned more than 10 times, and this increase has attracted a lot of attention. Unfortunately, with the market downturn, this cruel correction is inevitable. If the peak is 1.145 and the decline is calculated as 80%, then $0.2 may be the bottom. You don't have to wait for that moment, you can buy it below 0.3.

Another thing SEI didn't do well is the release of V2. It is one of the projects with the worst expectation management I have ever seen. For example, last year it announced that V2 would be launched in the first half of this year, but one day this year it suddenly announced that it would be upgraded the next day, and the upgrade was divided into multiple steps. This directly led to the rise in the coin price after the announcement, and then began a journey of decline.

SEI's unit price is cheap enough, and the unlocking in the first half of 2025 is not large. The time for the decline to bottom out is long enough, and it is already in a general trend of no further decline. If the public chain track requires high returns, then SEI is definitely worth considering.

The rate cut in September is expected to happen, but the Fed will probably repeat the mistakes made in the early days of rate hikes. It wants a soft landing but it is difficult to control the intensity, resulting in a slow response.
It is not that the Fed's expectation management is not good, but the nature of the bureaucracy determines that the policy is destined to be a patch when problems arise.

Primary market information:

RGB++ has started free forging, and the activity on the chain has increased recently. RGB++ is also a very good new protocol, which has a good effect on the construction of the BTC ecosystem. Keep paying attention to this sector. Recently, there are new benefits in the RGB++ sector, and new models are about to appear. Pay more attention to it and don't miss the early opportunity.

The rune market is still sluggish. Pay attention to high-quality currencies in the rune market and wait for the second wash to start buying

25 years ago, these three altcoins had the characteristics of ‘Black Myth: Wukong’
ORDI
ORDI is a meme coin on the Bitcoin network and the first BRC-20 token created using the Ordinals protocol. Just as Bitcoin has a first-mover advantage, ORDI also benefits from being the first BRC-20 token on the Bitcoin network.
WIF
Dogwifhat is a Memecoin with a dog wearing a hat as an element, inspired by an emoji on the Internet of a Shiba Inu wearing a pink knitted hat. In this crypto market that continues to be in trouble, Solana-based dogwifhat (WIF) has caused a sensation due to its outstanding performance and recent breakthrough. In the long term, the market is optimistic about the recovery and is expected to move northward.
BOME
Book Of Meme, released in March 2024, is a Memecoin that has quickly become popular due to its innovative pre-sale model. The uniqueness lies in that it combines the concepts of Meme and decentralized storage, and is committed to encapsulating the evolving Meme culture into a "book" or an "electronic magazine" and storing it on the decentralized networks IPFS and Arweave without copyright restrictions.

Harris' tax plan exposed: cryptocurrency investors take note!

Hello everyone, today we focus on a topic that could have a significant impact on cryptocurrency investors, that is Kamala Harris' tax plan.

There have been recent rumors that if Harris is elected president, she may introduce an unrealized capital gains tax, which has caused many people to worry about their cryptocurrency gains. Let's see what's going on?

First of all, Harris's campaign team did say that she would support Biden's proposal to increase taxes on the rich, which does mention a 25% tax on unrealized capital gains. However, this tax is not for everyone, but mainly for the super-rich with annual income or wealth exceeding $100 million.

According to Semafor, CRFB Senior Vice President Marc Goldwein also pointed out that Harris' plan does not specifically mention this tax. Moreover, the minimum 25% tax mentioned in Biden's budget proposal usually includes unrealized capital gains, but this only applies to the richest Americans.

Harris' tax plan exposed: cryptocurrency investors take note!

Hello everyone, today we focus on a topic that could have a significant impact on cryptocurrency investors, that is Kamala Harris' tax plan.

There have been recent rumors that if Harris is elected president, she may introduce an unrealized capital gains tax, which has caused many people to worry about their cryptocurrency gains. Let's see what's going on?

First of all, Harris's campaign team did say that she would support Biden's proposal to increase taxes on the rich, which does mention a 25% tax on unrealized capital gains. However, this tax is not for everyone, but mainly for the super-rich with annual income or wealth exceeding $100 million.

According to Semafor, CRFB Senior Vice President Marc Goldwein also pointed out that Harris' plan does not specifically mention this tax. Moreover, the minimum 25% tax mentioned in Biden's budget proposal usually includes unrealized capital gains, but this only applies to the richest Americans.