#比特币VS代币化黄金 This is actually a false issue. To me, both are similar products in different fields, each with its own arguments. Simply put, in characteristics, Bitcoin is similar to mining; it will gradually be mined over time, and the total supply is fixed. Once lost, it is also difficult to recover, serving as a form of gold. Tokenized gold, on the other hand, is the gold that people are conscious of. However, if it is just that, it has no relation to gold at all. But I believe that in the future, tokenized gold will be products tied to certain stockpiled gold held by institutions. This is what meaningful virtual market gold will be, able to buy in one place and realize into physical form in another. However, this will require conditions for issuance, review, physical verification, and compliance with many related regulations. I believe this may take a long time. At this stage, if it is just a simple investment, I would choose BTC, which has been running for a longer time. This is my personal opinion; the best part of virtual currency is that everyone can choose the method that suits them best, because the future is really hard to predict. But regardless of what the future holds, this process represents a trend, and people must embrace the trend to avoid being eliminated.
#加密市场回调 Investing in the market during fluctuations is safer than leveraged trading like contracts and futures. As for holding coins, the more well-known and widely held they are, and the longer they have been established, mainstream coins will be safer than niche market altcoins. There are many factors to consider in the market's bulls and bears; it's not just about reading various news reports and rumors every day, as this kind of investment is too exhausting. The best positive news is a price drop, but human nature indeed generates fear towards a decline, which is the reason why the average person has a love-hate relationship with investing. My long-term positive outlook on cryptocurrencies has not changed, including the previous idea of selling at high points, which was only an adjustment in allocation due to risk considerations. Therefore, recent corrections have also led to an increase in holdings of mainstream coins. For me, investing is a long-term plan, and adjusting positions is just part of the process; ultimately, the market will validate the answers. If everyone can find a suitable method during the genuine long-term holding process, adjust their investment mindset, you will find that in the future, you will become accustomed to and indifferent to the market's ups and downs. In this wave of operations, I found that participating in the dual-operation competition before, although I could receive rewards, has also made my capital usage inflexible; most of my funds are locked in dual products and can only passively wait for conversion at maturity. Finding better solutions from problems can help avoid mistakes next time, making investing easier. Wishing everyone successful investing… $BNSOL $BNB $BTC
Continuing from the previous text, when I first bought OM, it was because its price was not high, the fixed deposit interest was good, and it suited my long-term spot investment ideas. I had no idea about the content or the sector, but luck allowed my account to profit nicely. Additionally, the period of price manipulation was long enough, unlike most of the altcoin pumps that felt like just a quick rise to cut the retail investors and then end. Therefore, I also got lost for a while, thinking that investing in some promising altcoins could improve performance. So, I followed some trends and used a portion of my profits to buy Meme coins and some industries I have long believed in, such as pharmaceuticals, and I also participated in the early activities of Alpha. Because the investment experience of the initial surge of OM made me overlook the fact that altcoins are far more illusory than mainstream coins, and many new coins have not undergone market refinement; some are just concepts and slogans, and it even feels like they are just issuing new coins to extract money from the market. The airdrop points of Alpha tied to transactions in altcoins, as the points kept increasing, required very low costs for each transaction to continue obtaining airdrops. Otherwise, one must increase the investment in altcoins. Later, I discovered that investing in altcoins was not as easy to judge as I imagined, and the rise of altcoins was actually mainly due to artificial speculation. Many of the so-called positive news were released for the sake of manipulation. During the speculation period of OM, the total issuance could actually be changed to allow for infinite issuance, which meant that the project operators could increase the token supply while raising the price to harvest the market, while most long-term holders were attracted by the long-term high interest rates and locked their chips. The operators also heavily created the illusion that OM coins were real assets and collaborated with many important institutions, ultimately ending with a drop of over 90% in a single day. In response to everyone's doubts after the drop, the operators came out to say they would buy back, etc. In fact, these are all common methods used by major players to trap retail investors. In traditional finance, if such methods were used, they would be accompanied by investment investigations and legal responsibilities. But in the crypto space, it is just a script being played out. Because the current situation in the crypto space is like this, my investments are mainly operated with mainstream coins and fiat currencies. Investment in the crypto space requires trust, but without a system, where does trust come from? We wait for further developments. $BNB $SOL
Continuing from the previous text, the main asset allocation initially focused on familiar cryptocurrencies such as BTC, ETH, and BNB. However, for an outsider, cryptocurrencies themselves are virtual and it is difficult to judge their quality. Therefore, the factors I considered returned to price, interest rates, and additional benefits. At that time, the price of BTC was about 20,000, with a low interest rate and no other uses. The price of ETH was around 1,000, with both regular and fixed interest rates in the middle and the ability to stake WBETH with a higher interest rate of about 3%. BNB, priced over 200, had relatively high interest rates for both regular and fixed periods. As it is Binance's own platform token, it offers discounts on transaction fees and the greatest benefit is the ability to participate in mining to obtain newly listed coins. Therefore, under limited capital allocation, BNB had the highest weight, followed by ETH, and BTC had the least. In fact, I started engaging with Binance at a good time, coinciding with CZ being fined, causing BNB to drop. After the market consolidated for a few months, it rose again, but since I was just starting to get into the crypto space, I was still exploring. Initially, I kept 70% of my USDT as a reserve to prevent market fluctuations, allowing for additional investment. Although the investment amount was not large, by the New Year of 2024, the funds on my account exceeded 10,000 USDT (at that time, I did not play with wallets, so the principal was all on the exchange). What surprised me the most was OM, which had the shortest holding period and the highest return of all my investments. On December 5-16, 2023, I purchased a total of 713 units at an average price of 0.024027, costing 17.13 USDT. In fact, three months later, the price of OM rose to 0.32, and my holdings increased by over 10 times. The reason I bought OM at that time was due to its fixed interest rate of 15.9% for 90 days. So just like with all the altcoins I chose, I operated with fixed holdings to earn interest. Although the altcoins I selected all increased by more than double after six months of investment, many could not be sold in time due to their fixed periods and had already dropped after maturity, leaving me waiting. Meanwhile, OM rose for over a year, and the longer I held it, the higher the return. Finally, the interest rate became outrageous at 29.9%. I eventually kept over 200 units to earn interest, accumulating about 1 OM every 7 days. If the price is good, I sell; if not, I continue to keep a small fixed deposit. Once the price is favorable, I can sell directly; if not, I continue to hold, increasing operational flexibility. I consider this to be good planning. Cryptocurrencies can really be left alone, held long-term to earn interest, and sold when cash is needed. However, the more beautiful it is, the more risks lie within. (To be continued) $BNB $WBETH $BNSOL
Since October 28, 2023, I have invested in Binance, and it has just been two years. I invested a principal of 6100 USDT in the exchange and 1700 USDT in my wallet. So far, the returns seem to be quite decent. I hope to continue to grow steadily next year. Looking back, when I first started investing in cryptocurrencies, I knew nothing, and now I still don’t know much, but the difference is that I have found a method that suits me. Here, I would like to share the process and experience with everyone, hoping that you can resonate with it as well. (It might be a bit long and could be divided into several parts.) I remember when I first started, I had no idea what the meanings of these English abbreviations were; I had only heard of BTC and ETH. It was only after trading on Binance that I heard about BNB. During my first six months of investment, I used what I considered a safe method to understand this market. Initially, I invested 30% of my funds into the market and kept 70% in USDT to earn interest. (30% stocks, 70% bonds to test the waters) I placed about 80% of my investment capital into BTC, ETH, and BNB that I had heard of, while around 20% went into about 10 carefully selected assets. The so-called selection simply meant picking items that I thought were at a low price with a chance to rebound and could offer a return of over 7% interest within 120 days. Therefore, I locked all the selected assets for interest accumulation. This is actually a very normal decision; in traditional investment markets, this approach isn’t problematic. However, what taught me a lesson in the cryptocurrency circle is that altcoins can often surge dramatically only to fade away quickly. If you don’t handle it immediately, you’ll end up facing a decline later. Thus, the fixed deposit strategy turned these assets into long-term investments (long positions), with one exception being OM, where I took profits. I will discuss that later. Although the interest is high, the market volatility is too great; if you want its interest, it requires your principal. Therefore, I realize that investing in altcoins doesn’t fit my plan. What I need is for the bull market to last a bit longer so that I can have the opportunity to take profits. (To be continued) $BNB $ETH $SOL
Yesterday ETH broke through 4000, I sold part of my spot at a high price and kept some ammunition. Although dual currencies can set the price you want, it doesn't necessarily mean it will be executed when it expires. However, spot trading can be executed immediately, but the price has to be somewhat flexible. When these two tools are well combined, it can make arbitrage trading easier, but operators must remember the most important thing: to record their trading costs, so they won't make the mistake of selling low and buying high due to forgetting the costs. Currently, there are too many variables in the market. The hardest to predict is President Trump. When there is too much political uncertainty, many analyses are actually no different from guessing sizes. So it would be great if we can have consolidation in the recent period. I will still enter the market during a big drop and sell during a rebound. When there is a government shutdown issue in the U.S., previous presidents will likely negotiate to resolve the problem as soon as possible. Only Trump might still be thinking of creating external conflicts. He talks about tariffs on China's rare earth restrictions and raises tariffs on India's purchase of Russian oil to force Russia to accept a ceasefire. In fact, looking at these issues separately may not necessarily affect the market, but the president wants them to coexist. This further increases uncertainty. High leverage is already the biggest risk in the cryptocurrency market. The meme coins are reminiscent of the previous hype around short-term NFT speculation, but what remains after the trend fades? Personally, I think the risks of investing in cryptocurrencies are very high, and I hope everyone entering the market stays self-aware, as this market is mostly speculative. The overall market atmosphere is also like this; you must have heard of coins that multiply by hundreds or thousands, and you may have seen them too. But in the end, which of them is not just a flash in the pan? Investment is never just about seeking past ownership; it is about hoping to change life through investment. Without one's own ideas and merely listening to hearsay, the one who gets hurt in the end is oneself. I hope everyone has a smooth investment journey. $BNB $ETH $SOL
On Friday, all dual currency comparisons for ETH and SOL have been exchanged. Although there was a significant drop on Friday, the nature of dual currency once executed cannot be canceled. Everything will be discussed again at the time of price comparison at expiration. Therefore, at the time of placing an order, regardless of whether the process fluctuates up or down, we only look at the performance of the price you set during the comparison. This is one of the reasons I like to use dual currency as a trading tool. It can eliminate human greed and panic when facing the market. In fact, when it comes to investing, there is often a fear of missing out on a big rise, leading to chasing prices and reluctance to sell, as well as fear of a crash causing panic selling. If investing is done without a personal methodology and only follows human psychology, it is easy to fall into market traps; the market is essentially a financial battleground. After buying SOL, I set SOL as collateral for BNSOL yesterday. It can generate interest and can also be used for dual currency operations. Currently, my top four holdings are BNB, WBETH, BNSOL, and lastly BTC. Holding mainstream spot assets in the cryptocurrency market does not worry me because if the future of virtual currencies develops positively, these four currencies are what conservative investors should hold. Altcoins at this stage are merely artificial speculation on specific targets for me and do not help long-term holders much. Perhaps I will consider others only after different spot ETFs emerge in the future. $BNB $WBETH $BNSOL I feel that the hidden worries in the future market are these shell companies, and some places refer to them as treasury companies; we can discuss this again when we have time. The reward of 60 USDC from the last dual currency financial competition has already been credited in the form of dual currency products. Thank you, Binance. In fact, participating in the competition will affect the arrangement of funds. My fiat currencies will gradually mature in the coming months, and now there is also the October dual currency financial activity ongoing. After playing these two times, I probably won’t have anything to do for the next six months, only waiting. In the future, decisions will still depend on the capital situation, as I currently have no intention of increasing virtual currency assets, so I have no endless funds and can only adjust according to the market.
Holders need to keep their virtual currency themselves and only transfer it to the exchange when selling? Recently, Binance has had several so-called compensation plans, and I am actually a bit confused. Traditional financial investments have been around for a long time, and I haven't seen a company make such a big move, but is this really the right thing to do? Perhaps it's still up to personal judgment. I remember a year and a half before the Lehman Brothers incident, I left my job in bank wealth management to open my own shop. Before I left, clients asked me why I looked so busy at the bank and my performance was good enough for the company to send me abroad; they said it wouldn't be a big deal to leave the financial industry. I said it was due to family reasons and career planning. After opening the shop, some friends came to chat with me, and I mentioned that I was a bit worried; I am a financial advisor, and I can only sell hard, but my doubts about the products do not disappear because of sales. I remember there was a product popular at the time called linked bonds, which was actually a packaged product. Because it is packaged, there are actually issues that need to be researched deeply, and the key point is that I still don't know how to research it. I once asked the project manager at the head office how a certain product was actually done. At that time, the one-year fixed deposit in New Taiwan Dollars was about 1%, and the product was packaged to mature in four years, with semi-annual interest payments, and the annual interest rate seemed to be 4% (or 6%, I am not sure), principal guaranteed and interest guaranteed. This product was almost invincible; in fact, by the end of his explanation, I still didn't understand it, but he said a classic line: many banks are selling it, and if we don't sell it, the funds will run to other banks, so why don’t we sell it? In the end, many fixed deposit clients went to subscribe, and when Lehman Brothers happened, many investment products were affected. This product was ultimately confirmed to be a Ponzi scheme, and the so-called rewards of travel vouchers were stable, but in fact, there were no investment products at all. One after another, they were sold, and the quotas kept increasing. The interest was just paid using the principal of the later participants, and eventually, it could no longer be paid, leading to an explosion of problems. Many financial advisors therefore had legal disputes with clients. Binance is a very good exchange; I hope it can be a trustworthy exchange. Risky products can be offered, but the risks need to be communicated. It shouldn't just keep encouraging or marketing reasonably, and then use airdrops as a subsidy after problems occur. For funds that are simply invested in spot transactions and kept in exchanges, will they face a funding gap due to systemic risks or large withdrawals? Investment is always about weighing risks against rewards. $ETH $SOL $BNB
After observing the market reaction over the past few days, the trigger for the decline was Trump's remarks about tax increases, but the main reason for the drop was the issue of disconnection in contract trading margins. Simply put, this time Trump's approach regarding tariffs is not much different from previous instances; he suddenly proposed raising taxes and then forced the opposing country to negotiate. In fact, whether there is a good conclusion at the end seems to be of little concern to everyone; as long as an agreement is reached, it’s just the elimination of another uncertain factor. This is also why I previously mentioned I was waiting for the market to retrace before buying back or switching stocks. This time, the ones most affected by the sharp drop are contract players; the sudden drop in the spot market was merely a result of the contracts being killed. Thus, mainstream spot assets like BTC, ETH, BNB, and SOL all showed long lower shadows. During market panic, did everyone take the opportunity to invest? Investment is just like this; I still hold a positive outlook on the development of virtual coins, and this idea hasn’t changed (mainly focusing on mainstream coins). However, in terms of operation, I will continue to follow the market trend, selling high and buying low, allowing for the preservation of capital for future investments. A significant price drop is actually a good entry point, and operating with mainstream coins is much simpler and purer than trading contracts and altcoins. Moreover, whether it’s a 401 account or traditional institutional investment, I believe that safety is the most important consideration. Mainstream spot coins and those with spot ETFs will be good targets for them, while altcoins are only suitable for those who can operate on short-term trades. Currently, in this round of decline, only a small portion has been added to SOL, and there are still two dual purchases of SOL and ETH expiring on 10/17. Since the expiration has not yet occurred, the market seems to have started rebounding; it is not certain if exchanges can be made, and adjustments will have to be made later. Investments shouldn’t be rushed; executing according to strategy is sufficient. Attached is the change in total assets from 10/11-10/13. In fact, the drop in net worth is not frightening, and it rebounded quickly. Now, I am planning to gradually divest from BNB at a high point. The market is always fluctuating, and for investment to be successful, one must learn to control risks and rewards. I hope everyone’s investments go smoothly. $ETH $BNB $SOL
Recently, I have actually just been waiting, hoping that the market can correct itself during the U.S. government shutdown. Of course, it would be best if it retraces over 15%, so I can buy back some positions, as I still have a long-term positive outlook on the development of cryptocurrencies. Therefore, I previously sold in batches at high points, and a retracement to lower points would be bullish. Currently, I operate in three ways: one is to sell high and buy low to capture price differences mainly with BNB and ETH, but I will only consider buying back in batches if it retraces over 15%. If the uptrend continues, I will sell to take profits because my holdings are relatively large. The second is to continuously buy to increase positions mainly with SOL, as I want to increase my position since it is not high, but due to SOL's high volatility, if the price difference is too large, I will still take profits. The third is to continuously sell off long-held altcoins; during the rebound, I will sell in batches at high points and not buy back. In the future, my operations will mainly focus on long-term mainstream coins with scale. I do not specifically like operating these altcoins, and I prefer to invest in what suits me; just because others find it easy to make money does not necessarily relate to me. I believe that the approval of the SOL ETF is only a matter of time, which is my main reason for wanting to increase my holdings, but I do not know when the U.S. government shutdown will end or how it will affect the economy; these variables may cause market turbulence. However, for me, my views have not changed; I believe that the government shutdown issue will eventually be resolved, and once the government returns to normal, perhaps the pending ETFs will become clearer. Once an investment decision is made, one can only wait for the answer; the market will ultimately tell us whether our answer is correct. $ETH $BNB $SOL
Are they really different? Originally thought that BTC was the leader of virtual currencies, and everyone said that virtual currencies were dominated by it, with ETH being second, and BNB was only heard after investing on the Binance platform, initially thought it was the platform coin of Binance, which could be used for mining and airdrops. This was the knowledge I had when I first came into contact with virtual currencies. So by the first half of 2024, I believed that the mainstream coins were only these three, and I considered others as miscellaneous coins (also known as altcoins). In the second half of 2024, I found out that everyone said the ETH upgrade was not smooth, and there were issues of high costs and slow speeds, and at that time, the ETH foundation seemed to be selling shares often. Meanwhile, SOL surpassed ETH in terms of user traffic, giving the feeling of challenging ETH's position. Actually, I have no interest in comparing which is higher or lower between SOL and ETH. However, this development led me to personally include SOL in my mainstream coin investments. Because in my investment thinking, if virtual currencies become more developed in the future, the funds currently invested in mainstream coins will create future wealth. The application of strategy is just to enhance the effectiveness of the funds. Recently, after reading some articles, I realized that these four currencies also have an identity, representing different public chains. Therefore, in the development of virtual currencies, public chains are actually the most fundamental investment, but there are many public chains, and time has already helped me filter them out. Each virtual currency has its own vision and reason for establishment, but whether it is dreaming or pursuing dreams is not suitable for me at present; I just want to invest steadily because the power of time is more useful for someone like me who is accustomed to long-term investing. Recently engaged in SOL arbitrage trading while also gaining a chance to win prizes in the Mid-Autumn Festival event, but luck has really been poor, only receiving moonlight awards. But at least there is still a price difference to profit from. $SOL $BNB $$ETH
Regarding investment, we can rely on some data to estimate returns ourselves, but in situations beyond our authority, it is not necessary to insist too much; insisting is actually a form of complacency and is a major taboo in investing. For example, when I find that economic data is poor and that interest rates may decrease in the future, analyzing up to this point is sufficient. If the market is expected to decline, favorable policies (lower interest rates) may emerge, and proactive investors will be brave enough to take on positions. However, investors are often influenced by many reports, merely focusing on the percentage of interest rate increases or decreases for decision-making, often being led by the market. In reality, the determination of interest rates is in the hands of the Federal Reserve, and ordinary people have no authority to decide. In a future market with favorable conditions, if a significant drop occurs, even if the percentage of interest rate cuts is only 60%, it is still a more valuable investment than a market that has already surged with an expected 90% cut. This is because a significant drop has the potential for future favorable conditions, which will provide opportunities for positive reactions. Conversely, a market that has already risen significantly has actually reacted in advance, and when the actual interest rate cut occurs, there will be selling pressure to take profits, which becomes the reason for the favorable conditions to be exhausted. Just like when I previously bought more shares of SOL during its decline, even though an ETF may pass in the future (but the timing is uncertain and not within my authority, the decision power lies with the SEC), recently SOL has rebounded quickly, and I have also started to use increased holdings of SOL to do the same thing, because the fluctuations in the investment market are merely a game of long and short with excessive rises and falls. However, because I remain optimistic about the future, I still have part of my allocation and can continue to operate. As mainstream currencies begin to rebound, especially with BNB continuously reaching new highs, my total assets have increased again, but I still execute according to my previous strategy. Once you have your own strategy, the discipline of execution will be a test, but as long as your method is correct, you can continue indefinitely; conversely, if it needs to be changed, just do it. Investing is a long-term endeavor. $WBETH $BNB $BNSOL
#美国政府停摆 This topic is actually just sensational, but it's not very meaningful. In the investment market, the unprecedented uncertainty and unexpected events have the greatest impact on prices. Simply put, the government shutdown issue could also be the reason for the September pullback, and it's not the first time the government has shut down. Many reports will seem different from before, and this is just a technique of writing reports (customers want to see), and this is also the feeling I get from reading many articles. Actually, when everyone first enters the investment field, extensive reading is necessary because one needs to learn what one doesn't understand. However, if it relates to market analysis, it's advisable to treat articles as just articles; one must go verify market developments. Many researchers write articles for the sake of readership, often not wanting to offend either side. If readers do not verify and internalize, this knowledge will never truly belong to them. Investment is the accumulation of experience; everyone's experiences are vastly different. If one wants to truly turn investment into a tool for profit, one must learn to make these experiences one's own. What is meant by unexpected events like the bankruptcy of Lehman Brothers and the Asian financial crisis? When they occur, the financial market is caught off guard. But the release of regular economic numbers and the issue of the U.S. debt ceiling (previous discussions about adjusting the debt ceiling also became an annual replay after Trump took office and the government shutdown) are not unexpected events. When an event can be discussed in advance, the market has actually already reacted to both positive and negative news. So when you don't know how to operate? I think it should become a habit to buy on dips and sell on highs; after all, it is beneficial and harmless. Recently, with the Mid-Autumn Festival activities, I played some price difference games with BNB for a lucky draw. Selling high and buying low greater than 500 USDT allows for one lucky draw. Binance's irregular activities have also become a fun part of investing in cryptocurrencies, although I have never won a big prize; after all, it's all extra rewards. $ETH $BNB $SOL
Continuing from the previous text, market analysis actually requires accumulating experience and knowledge, gathering information, but once you have your own system, investing will become more intuitive, and there is no need to overreact to market rumors. Investing is essentially a contest between bulls and bears, much like gambling; it's just that when you find a method, you can increase your odds of winning. When this wave of BTC has a high-low difference of 13.66%, BNB 13.97%, ETH 23.03%, SOL 24.73%, the drops of ETH and SOL must meet my basic buying condition of -15%. However, buying back ETH is because I sold high before and can now buy low for a profit. But buying SOL requires a different mindset; my SOL position was originally not high, so I haven’t liquidated it in this wave, but I have considered the potential liquidation of BNB and ETH, as not buying them back would increase my SOL position, which is also why I participated in this dual asset management activity. SOL is a target that hasn't reached a new high in this wave, so there is an expectation of a catch-up rally, and there are also multiple SOL-related ETFs pending review, creating opportunities for speculative trading. Additionally, both SOL and ETH are related to public chains, and the staking yield of SOL is higher than that of ETH. Since spot investment mainly involves long-term holding, high interest rates will increase returns, which is why increasing the position in SOL is under consideration. Last Friday's dual pricing was initially planned to potentially sell ETH, but due to the decline, it was not liquidated, while SOL was indeed bought due to the price drop. Dual asset management is inherently difficult to say until the very last moment. In the future, we will decide how to allocate the funds as they mature, and today, the BNB dual sell order continues to look for new ammunition. $WBETH $BNB $SOL #
Continuing from the previous text, the rise in price has an important factor besides capital, which is price. Simply put, price represents value. Stock prices can be categorized as overbought, fair value, and oversold. Of course, the maximum profit comes from buying when prices are oversold at relatively low points and selling when prices are overbought at relatively high points. However, this is not easy, as simply entering the oversold zone is already quite good. This is also the theory of value investing. However, during oversold periods, there are often many negative factors and the worst economic conditions, making it the time when general investors have the least confidence. Therefore, investing is actually a test of human nature. Investing is not difficult because there are opportunities to make money at all three price levels; it depends on whether you can find a strategy suitable for yourself. However, people often get lost in chasing highs and selling lows, misjudging amidst a sea of lies, and ultimately giving up due to lack of confidence. In fact, the same principle applies to any form of investment. Typically, only about 20% of investors achieve the maximum returns, controlling around 80% of the profits, while the remaining 80% may struggle for long periods without success and may even incur losses. So as long as you can make money in your investments, you have already outperformed many people. My buying and selling are executed according to principles and plans, adjusting based on stock positions and including capital analysis. As for personal psychological issues, as long as I follow the strategy, they are basically eliminated. During the rising process, my strategy is to gradually liquidate and lock in profits while reserving ammunition for downturns. However, my prerequisite for buying during declines is to consider repurchasing only after a drop of more than 15% from the peak, and to liquidate positions above the buying price, which is one-fifth of $BNB , and then gradually buy back only at lower prices. Therefore, my buying or selling will definitely have a price difference, saving me from the problem of trying to catch highs and lows. In fact, when the drop exceeds 15%, there is a better chance of a consolidation backtest. If it drops by 5% or 10%, it may just be a minor correction unless I am merely doing arbitrage, in which case I would consider such operations. Since I always hold my main positions, I am not afraid of it rising, but I fear it falling. The 15% is just my principle, not a rule; the fun of investing is its uncertainty, but finding the method that suits you best is key. Continuing to #BNBATH My BNB buying point is below 920, which is a 15% backtest, and the buying price for ETH I previously targeted below 4000 was also a 15% backtest at that time. Today, there is also the SOL expiry comparison, and I do not know if it will turn into a stock swap; currently, it is unpredictable. $BNB
Continuing from the previous text, the funding part can be divided into external and internal funds. External funds are those that originally do not belong to this funding pool, entering the market due to optimism, similar to the approval of BTC or ETH spot ETFs (from non-existence to existence), which represents an increase in the total amount for the virtual currency funding pool. Usually, a large amount of external funds entering can achieve a distribution effect. Internal funds refer to the funds that were originally in the funding pool, which are realized or adjusted due to the operator's preferences. The recent weakness of BTC is just like that; considering other conditions, 1 BTC (113649) = 27 ETH (4179) = 111 BNB (1019) = 536 SOL (212). In fact, in the analysis of internal funds, capital crowding out is very evident, which is why the increase in high-priced stocks during an upward trend often does not match that of low-priced or even problematic stocks. The greater the increase in BTC, the lower the increases in ETH and BNB. This is actually a phenomenon of capital crowding out (as seen in the comparison of the second and third waves of the analysis chart). Therefore, unless there are bullish conditions for the individual stocks themselves, it is merely a lagging catch-up and artificial speculation. Additionally, the funding pool experiences both inflows and outflows that need analysis; outflows include transaction fees, policy and regulatory restrictions, new coin listings, etc. The listing of new coins, which should originally be a good thing that can increase market size, has turned into a tool for arbitrage and speculation due to numerous listings and massive airdrops every month; how much of the increased funds due to policy is still in the market is unknown. Unless there are further significant policy relaxations, it may just be the approval of ETFs or 401k accounts that can invest in virtual currencies. Regardless of what the future holds, this is a path that virtual currencies must take to convert into recognized assets. To be continued #BNBATH $BNB . This article has been written daily from 9/18 to today. If you are interested in understanding, you can read from the beginning for better clarity. .
Continuing from the previous text, because I am optimistic about the future development of virtual currencies potentially becoming a part of personal investments, as the future is inherently unpredictable, perhaps assets in the future may not all be physical, because physical assets cannot be taken away, but the value of physical assets exists at this stage. What about the value of virtual assets? This is currently a problem that cannot be solved. But I believe that as long as governments around the world maintain an open attitude and can reach a consensus, perhaps the value of virtual currencies will emerge. Therefore, I am optimistic about the long-term development of virtual currencies, which is currently my long-term view. However, whether governments around the world will open the market as expected, guide policies, or engage in obstruction, and changes in governance will need to be analyzed to evaluate whether these events will affect the change in my long-term perspective. The process of investing is like this. Short-term analysis focuses on funding; one can imagine various large and small funding pools in the investment market, such as the stock market, bond market, real estate market, luxury goods, virtual currencies, etc. Some of them influence each other, while others are unrelated. Therefore, when interest rate cuts are confirmed, it can only indicate that the Federal Reserve has noticed that the rising unemployment rate may impact future economic conditions, easing funds through interest rate cuts, but this kind of easing will only have a psychological effect, hence it is an expectation. However, it is far less than the Federal Reserve's actions, such as printing new money or repurchasing bonds, to prevent market liquidity or systemic risks. Moreover, regardless of how much impact these methods have on the virtual currency market you invest in, it is actually difficult to say. To be continued tomorrow #BNBATH Consider the word count; the article can only be written in segments, hoping that everyone gains something after reading. $BNB $ETH $BNSOL
Continuing from the previous text, the second point is that initially, I first got in touch with contract trading. Those fake teachers taught me how to operate and analyze the market using the Bollinger Bands concept, and even guided us in trading. It could be said that their predictions were incredibly accurate, and profits could be made in about 5-20 minutes. This also allowed me to witness the high volatility of contracts. However, when I operated on my own later, it was not the same. At first, playing with BTC and ETH contracts was relatively smooth, but later I sought higher returns by trading altcoin contracts and quickly encountered liquidation. I later understood that altcoins are easily manipulated, and the margin system of contracts can lead to excessive leverage. The teachers' miraculous trades were merely results caused by fake trading data from fraudulent exchanges. In fact, the simplest investment is spot trading; there is no price limit in spot investments, so why leverage to earn profits? What matters is that your judgment is correct. In the end, I was notified by the police that there were reports of money laundering concerning my deposit account, plus I attempted to withdraw funds unsuccessfully, confirming that I was scammed. However, this incident did not change my view on cryptocurrencies. The third point is that I believe investing in cryptocurrencies is about being optimistic about this industry. Cryptocurrencies will continue to move towards legal and compliant directions and open up with the regulations of various governments, allowing both institutional entities and the general public to participate. Thus, the potential for cryptocurrencies in the future will be higher. But honestly, there is still a long way to go, and I believe that many of the various currencies currently in circulation will definitely be eliminated, causing losses to those who invest in them. This is also the reason I choose to invest in mainstream currencies. As for investing in altcoins, I really suggest understanding them because, in the current environment, even news can be fabricated, and there is no credibility to speak of. Investment requires maintaining calm and choosing products you are familiar with. Since October 2023, there have been approvals for BTC spot ETFs and ETH spot ETFs, and the market has started to rise. This is due to the influx of funds brought about by policy easing. After Trump took office, a series of policies relaxing regulations on cryptocurrencies were implemented, establishing BTC strategic reserves, and allowing future investments in 401k accounts. Although some of these are still just verbal benefits, these reasons are why I have a long-term optimistic outlook. However, after a significant rise, adjustments and re-positioning at lower prices are the basic concepts of investment. #BNBATH Word limit will be discussed tomorrow $BNB
#BNBATH Yesterday BNB reached a new high of 1083.47, but at the same time pulled back to form a lightning rod, which indicates profit-taking selling pressure has emerged, and the market needs to consume floating capital. If the weak market pulls back more than 15%, around 920, I would consider gradually replenishing some positions. However, if it's a strong market, I'll just watch; the decline will be limited, and there's no significant price difference requiring replenishment, as floating capital will still be pulled up after being washed out. I still hold about 40% of BNB positions, not empty-handed. Because the plaza has a posting activity, I want to mention it here first. If it helps everyone, please give a thumbs up as encouragement. Continuing from the previous text, on 2023, 10, 28, Binance made its first deposit of 200 USDT. I was previously deceived into opening an account at a fake exchange, so I was still very suspicious of Binance's security. Later, because I transferred expenses via payment and Binance, I gradually invested multiple times until 2024, 1, 4, when my last fund was transferred in. The total investment in the exchange was about 6100 USDT, and the wallet investment was about 1700 USDT. I have relied on these funds to this day. Analyzing and utilizing funds requires understanding one’s situation. Basically, for me, the funds for investing in virtual currencies are independent of my other investment assets, and I will not increase my investments. Therefore, I need to seek the required funds in the market to adjust positions, so looking for ammunition at high points and buying at low points for rebounds is my strategy. Not heavily investing during uncertainty is also a good method to retain investment flexibility, and while preliminary analysis may not always be accurate, it can still be corrected anytime to improve the winning rate. When I first started investing in the cryptocurrency space, my thoughts were actually quite conflicted. One reason is that I like this market because I can trade anytime and anywhere. Traditional investment habits have time lag issues; for example, if the US stock market opens and rises sharply, then falls due to negative news after hours, the next day, the Taiwan stock market often directly reacts to the bad news with no opportunity to sell. During the New Year period, the Taiwan stock market is closed, but the US stock market continues to open, so the uncertainty of the opening after the New Year is too high. A market that does not rest can be entered anytime to deal with it, but people also need to sleep, and this market can change overnight. Due to the character limit in messages, I'll stop here for now and continue tomorrow. Discussing this requires first understanding one's thoughts before planning. Most investments require waiting, and waiting may involve facing panic, doubt, and arrogance situations. $BNB
#BNB创新高 The current focus for everyone is that BNB has reached a new high. Since it has gone too high, let's see how it performs. Don't preset positions; that's determined by the market. I just need to ride the trend and gradually take profits. Dual selling of BNB continues to remain high; whether I sell or take interest, I don't have much concern about it.
Continuing from the previous text, this is the fourth article discussing how to analyze. I don't know if everyone understands the first three articles. In fact, I am analyzing according to the previous steps. Once you understand the charts of BTC, BNB, ETH, and SOL, you can preliminarily sort out the three waves of rises and falls for each currency and the influencing factors at that time. This way, it will be easier for you to judge the future trend. The table attached below is a rough sketch I write out when analyzing to facilitate my explanation to everyone. Generally, my analysis does not capture such long three waves. Because previous discussions are meaningless in the past tense, the analysis should be applied to the final layout. Therefore, in my investments, I take a long-term view adjusted to recent trends. Writing these articles is meant to teach everyone to utilize and develop their analytical skills, which is why I discuss the three waves. Coincidentally, this aligns with my investment in the cryptocurrency space since October 2023, and I will start discussing my adjustment methods tomorrow. Additionally, the events written in the manuscript are based on what I have currently researched and my memory. They are intended for discussion, which I have organized over the past few days. Perhaps there are other factors affecting the market that I haven’t mentioned. But analysis ideally hopes for as complete information as possible. If there isn’t enough, as long as your experience is sufficient, you can still analyze. The market will ultimately provide the answer. I hope everyone can complete their manuscripts in the future, which I believe will help your future investments. Thank you all. $BNB