Perp Dex leading coins Hype and Aster have both plummeted
Hype has dropped below strong support at 30U, and Aster has fallen to 0.93 (near the buying cost price for CZ)
Both of these strong manipulated coins are ones I will gradually invest in at the bottom by the end of next year, looking for a 3-5X return, but I won't buy them now
Is the market already tired of the calls from the CZ couple?
The $DOYR, built together by the Binance duo, had a peak market cap of 20 million, and it has now fallen to 3.5M.
If it were placed at the beginning of October, it could have reached 50 million, right? Perhaps it’s because the market is bearish, or maybe the market is tired of the Binance duo's calls.
But optimists move forward; even in a bear market, new things may emerge that lead to a convergence of capital.
What needs to be done in the future is to reduce action and lie in wait in the market for better opportunities.
If the A-share market is a place where companies sell to retail investors, the crypto circle is the trash among trash.
A-share companies at least still have companies, and each company has at least a few hundred employees, paying social insurance and housing funds.
As for the crypto circle, it's just a bunch of scammers, 10 people with 10 computers spending three months making a PPT with AI-generated fluff, listing on exchanges without any PMF to exploit retail investors.
A typical example is the stablecoin project Stable that just went live today. Are there any users? Is there any product? What the hell is this?
白丁-追赶财富自由版
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I still want to emphasize again that everyone must pay attention to the A-shares
The long-term trend of China's A-shares is already very obvious, equivalent to the country clearly telling everyone that one of the waves of the future decades in China is the stock market, that is, finance!
The reasons are as follows: 1. A strong financial nation has been included in the 5-year plan for the first time 2. CSRC Chairman Wu Qing encourages brokerages to loosen restrictions and increase leverage 3. Taxation on Hong Kong and US stocks, restricting capital outflow 4. Banks are limiting large-denomination time deposits 5. Lowering interest rates
The trend of the times has basically been directly told to you, A-shares and the financial market are the direction of future development!
If China's past 15 years were the era of real estate wealth creation, then the next 15 years will be the era of stock market wealth creation
For ordinary people, if you are not a genius at stock picking, then buy some tech innovation/financial ETFs To make it simpler, don’t keep your money in bank current/fixed deposits; putting the money into bank stocks will yield more profits
At the beginning of the year, I recommended buying A-shares when it was at 3200, and I also recommended buying Hong Kong stocks; the market has risen by 20% alone, isn’t that impressive!
This year, the A-shares have indeed outperformed Bitcoin, with the Shanghai Composite Index rising by 20%, while Bitcoin has dropped for the entire year.
However, in the long term, especially with Bitcoin's bottom next year, I believe that the gains from regularly investing in Bitcoin at its bottom will still be higher than those of the A-share market.
白丁-追赶财富自由版
--
I still want to emphasize again that everyone must pay attention to the A-shares
The long-term trend of China's A-shares is already very obvious, equivalent to the country clearly telling everyone that one of the waves of the future decades in China is the stock market, that is, finance!
The reasons are as follows: 1. A strong financial nation has been included in the 5-year plan for the first time 2. CSRC Chairman Wu Qing encourages brokerages to loosen restrictions and increase leverage 3. Taxation on Hong Kong and US stocks, restricting capital outflow 4. Banks are limiting large-denomination time deposits 5. Lowering interest rates
The trend of the times has basically been directly told to you, A-shares and the financial market are the direction of future development!
If China's past 15 years were the era of real estate wealth creation, then the next 15 years will be the era of stock market wealth creation
For ordinary people, if you are not a genius at stock picking, then buy some tech innovation/financial ETFs To make it simpler, don’t keep your money in bank current/fixed deposits; putting the money into bank stocks will yield more profits
At the beginning of the year, I recommended buying A-shares when it was at 3200, and I also recommended buying Hong Kong stocks; the market has risen by 20% alone, isn’t that impressive!
I still want to emphasize again that everyone must pay attention to the A-shares
The long-term trend of China's A-shares is already very obvious, equivalent to the country clearly telling everyone that one of the waves of the future decades in China is the stock market, that is, finance!
The reasons are as follows: 1. A strong financial nation has been included in the 5-year plan for the first time 2. CSRC Chairman Wu Qing encourages brokerages to loosen restrictions and increase leverage 3. Taxation on Hong Kong and US stocks, restricting capital outflow 4. Banks are limiting large-denomination time deposits 5. Lowering interest rates
The trend of the times has basically been directly told to you, A-shares and the financial market are the direction of future development!
If China's past 15 years were the era of real estate wealth creation, then the next 15 years will be the era of stock market wealth creation
For ordinary people, if you are not a genius at stock picking, then buy some tech innovation/financial ETFs To make it simpler, don’t keep your money in bank current/fixed deposits; putting the money into bank stocks will yield more profits
At the beginning of the year, I recommended buying A-shares when it was at 3200, and I also recommended buying Hong Kong stocks; the market has risen by 20% alone, isn’t that impressive!
A-shares IPO is awesome! Earn 270,000 with one ticket!
Today, Moole Thread, known as the NVIDIA of China, was listed on the Sci-Tech Innovation Board, with an intraday increase of up to 500%, earning a profit of 267,86,000 yuan per ticket.
It has become the most profitable new stock since the full registration system for A-shares.
However, making this money is harder than getting into Tsinghua or Peking University; only 4 out of 10,000 people can win the lottery.
Those bloggers who often post projects regardless of having or not having them are relying on traffic to get paid for advertisements
Especially now, those who participate in events like Binance Dubai conferences, OKX Hong Kong conferences, etc., are all just scammers, they are all here to harvest the crops.
The probability of the Federal Reserve cutting interest rates in December has risen to 93%!
The recent market Be Like:
Far from the rate cut date: Federal Reserve officials are hawkish Close to the rate cut date: The Federal Reserve is dovish, allowing the market to price in the arrival of rate cuts, reducing market volatility
And continuously revising economic data
In fact, this situation can no longer evolve into the arrival of a bear market.
U.S. stocks may not drop much, but in the cryptocurrency market, with DAT slowing down + DAT possibly selling to offload coins + Bitcoin itself dropping to compensate for the four-year cycle narrative, the crypto market has already confirmed a bear trend.
Bearish on Bitcoin, bearish on ETH, bearish on SOL!
@stable Stable has announced its token economics, with 10% to be released as an airdrop.
It mentioned incentive activities with exchanges, which means it will definitely participate in Binance Alpha and Binance wallet's new token activities.
But what I am more looking forward to is whether it can have a deposit activity on Binance like Plasma did. Last time, Plasma offered about 8% profit for a month of deposits, and if it goes live this time, it will surely be very competitive. I expect it to provide around 4% profit.
On weekends, when Bitcoin is at 91,000, I suggest taking profits, or at least if it falls below 88,000, it's time to cash out for safety.
Yesterday, it dipped to a low of 84,000. I don't need to say much about my capabilities; my opinions are clear, not vague.
I feel that friends who follow my big trend should not have a pullback of over 10%, as that is quite excessive.
The total market cap of cryptocurrencies reached a high of 4.28 trillion, now at 2.88, a drop of 32%. Isn't this a stable outperformance compared to the market?
However, when it comes to defensive strategies, no one will acknowledge my contributions positively because good defense does not increase profits.
As long as you go all in on memes a hundred times or have a monthly return of 30%, making paper profits look better will make everyone think I'm impressive.
But still, as I said, if the financial market can sustain for ten years with an average annual return of 20-30% and a maximum drawdown of no more than 20%, achieving financial freedom over time is possible. Those with such capabilities can accept off-exchange financing and manage wealth for others.
Finally, let's all endure and work hard to earn money. Next year, there will be better bottom opportunities for us to earn big together.
When I tweeted yesterday, I hinted at the intention to take profits.
I personally suggested that my fans could take profits yesterday, or completely liquidate if it fell below 88,000. I didn't expect it to suddenly drop today.
Remember, during a bear market, rebounds can occur; you may not make a profit, but you must avoid significant losses. Leave enough funds to buy at the bottom of the bear market.
$SAHARA This AI project also couldn't hold on, plummeting 50% in a short time.
It once appeared on Builpad, allowing retail investors to make a decent profit, and among many long-term declining altcoins, it has been quite good.
$SAHARA is considered a breath of fresh air in the altcoin space, reaching a peak of around 0.15, and after the black swan event on October 11, it has remained around 0.08, unlike other altcoins that have dropped 80%.
However, this wave of a 50% crash clearly indicates that market makers/project parties have withdrawn liquidity, believing they can no longer make a profit.
What's important is not when to buy the dip; I know many people bought around 82,000.
What's important is, when a liquidity crisis occurs and the market crashes, do you have enough cash on hand?
Everyone knows that during a financial crisis, assets are cheap and undervalued, but most people do not have cash on hand at that time.
This will test the investor's ability to control their 'maximum drawdown rate'.
At the beginning of October, I called for profit-taking on Bitcoin at 123,000. This round of decline has seen the total drawdown in the A-shares and crypto markets not exceed 5%, with a large amount of cash on hand.
But what about others? How much cash do they hold, while the market keeps falling?