Crypto-爱币斯坦

Why are they masters? That is the result of thousands of trials and tribulations. How much time, energy and cost have you spent on learning how to trade? If you have spent nothing or very little, then don't ask why others can get results but you can't. I practiced trading for more than eight hours a day. It took two hours a day to find targets. I researched four projects at the fastest every day, and sometimes I could only finish one. The whole team researched all the currencies of Binance and OK very clearly, which took more than half a year. Most people would be numb after just one look at the Google spreadsheet. With so much information, we think the basic information is clear at a glance. Next, we will study the K-line pattern, market maker methods, project structure and operation. This is also the reason why currencies are not shared often. The reason is simple. Olympic gold medalists only have a few minutes or one chance to go on stage, but they have studied and practiced hard for more than ten years! When you see people sharing coins, your cognition is not at the same frequency and level as theirs, and you can't even tell whether the person sharing is an expert or not. So many people often suffer a lot in this regard. They call it paying a lot of tuition fees, but in fact, they have wasted their hard-earned money. They wanted to change their fate in the coin circle, but ended up becoming fuel for others.

Learning is important, and practice is more important. There is a gap in the middle that needs to be crossed. It is very difficult to integrate knowledge and practice.

My confidence comes from the fact that the entire team has been deeply involved in the coin circle for many years and has experienced the trials and tribulations of the coin circle, and the confidence brought by continuous learning and practice. That's why I say that each coin has its own temper, because in my heart they are not just a string of letters but people with life and feelings.

I got up again; it was time l了, I naturally woke up from 4–6 o'clock, and I entered with a position of 64,434.2.

Last night I ate dinner with the students and it was really enjoyable. I drank too much. They sent me back to the office. I checked the chart and saw it was going to drop, so I went short! But I didn’t screenshot the chart either. I told them, then I fell asleep. However, I’ve trained it into muscle memory—I must set a stop loss. This time I set take profit. I woke up a little after 1 o’clock and saw the take profit had been hit. I messaged Honghong right away and told him it hit take profit. But I don’t remember the trade action—I guess I drank too much and blacked out. Thank God, I didn’t lose; I still made money.

There was a previous trade too. I was asleep, and the dealer/champion stabbed the price and hit the loss. If I had seen it, I would have continued opening the position. But since I didn’t, it was a loss. Later, when it kept dropping, I missed the chance to catch it—so that’s how I ended up hard losing.

Next, I’ll keep sleeping.

Then around 4 o’clock or so, I woke up on my own. When I saw the price level, it looked suitable for going long. During dinner, I predicted that the US session would open and drop to around 640, then rebound up to around 652. My downside prediction was correct. It reached 641, but it didn’t climb to 652. It failed to break through 650. Six times it came to around 650. That kind of price action just can’t go up. Honghong also told me in the afternoon that it was a pressure level. I said it was because the European session had low trading volume, causing the drop. He said, Coach, you’re wrong. I said, you’re right. This time my prediction was wrong. I went short, and I exited myself—of course. But you can’t become certain in your judgment just because of this time. With ETH 2100 stabbing pins four times, it still dropped to above 1300. We just respond and follow the trading system. Don’t guess.

While I was sleeping, I dreamed that when I was at VC I went to the mountains and chatted with the kids—everyone was smiling! I woke up and saw it was a little after 3:50. Suddenly I remembered what Honghong said in the afternoon: we need to keep making money, for our families and also to give back to society! He showed me a video from Douyin, and I thought it was great. Damn, the values are so consistent. More than one student has told me the same thing already. Keep it up and work hard to make money! But be low-key—don’t do promotions for hype. Not for traffic, just for the peace of mind in my heart. Make money with your own ability and give back to society. Finance is a zero-sum game; there’s too much aggression.

I have videos on my phone about the charity work we did. I’ll show Honghong tomorrow. When I’m sometimes dejected and helpless, I also look back and give myself a motivational boost.

Keep it up, my little stray dog!

$BTC
@Richard Teng @Yi He @CZ

This evening I made a trade. During dinner, I got along the way that I planned to be around 640—then when the U.S. stock market opened, I expected it to rise to 652–654. While we were eating, I profited and closed the position. Otherwise, if I hadn’t closed it, I would have had to keep staring at the order book and wouldn’t be able to eat well.

After the students had all left, I went into my office and saw it: the price had dropped to 641, then started to rebound—up to 648! I felt miserable. I had been right about the move, but I didn’t make any money. They even consoled me, saying, “Teacher, I want to expose you. Your claim that you make 600 yuan a month is a lie. You’re骗人!”

I said, “If you dare to go expose me for making 600 yuan a month—and claim I’m lying—then you’re not human. Anyone with a brain knows I just earn a bit of porridge money by myself!”

The big pie has risen to about the level I analyzed myself; it’s just that I went to sleep and didn’t enter. When I woke up in the morning and checked, the prediction looked fine. The drop level hasn’t been reached yet—it's just a little short.

Now, the overall trend of the big pie is: as long as 622 is not broken, it’s bullish; as long as 657 is not broken, it’s bearish. If neither of these levels is broken, then it will trade in a range between 622 and 657. Based on my own analysis conclusion, my recent trading has basically switched to a ranging-market trading system: buy on dips more often, and short on higher moves.

I used to buy a little spot and then exited; now I’m not entering spot either—I'll wait. This morning I took a look at the big pie: at this position, if it can’t hold 64439, and if the trading volume can’t keep up, then it may need to shift into a downtrend. I’ll wait for a few candlesticks to close to confirm.

ETF buys of the big pie have been relatively frequent these past few days—mostly 2,000 to 3,000 units at a time. This may be an effective driving force behind the big pie’s rise. If buying continues, the big pie could keep climbing. There’s also a big whale with a short position of hundreds of millions of dollars worth of big pie, which started from 650 and has been gradually taking profit and stopping losses up to 680. That squeeze against him is also an upward catalyst.

In the crypto market, whales are in the hundreds of millions to billions. Last time, that person named leopold had over 40 billion, and they also added 4x leverage— the gap is still quite large.
$BTC
@Yi He @CZ @Richard Teng

Greatness is not as lasting as continuity

Before Binance listed a coin, the price crashed badly. When Yi said you could short, that was true—but at that time I was trading spot, and shorting altcoins was easy to get blown up. The market makers played dirty with the financing fees!

When the listed coin price drops, you can blame Binance. Criticize Yi and Binance!

Now Binance has started listing stocks. When the stock price crashes and people lose money, nobody complains!

Isn't the essence of finance the same everywhere? Why is it that if you buy altcoins and cut losses, you get blamed for getting “whacked,” but if you cut losses in stocks, you won’t?

I think protecting yourself is the most important. Trading relies on your own judgment and ability. Others can mislead you, but the control over whether you buy or not is in our own hands. Like when CZ posted a picture saying he bought ASTER—I saw it. I didn’t follow the trend. I didn’t buy. The decision is mine.

Someone told me: “If it’s someone else giving signals, don’t buy.” I don’t really agree with that either. If the other person’s analysis is sound, I can verify it myself, and then I might buy. The key is whether you have that ability. If you don’t, then you need to improve yourself.
@Yi He @Richard Teng @CZ

I think Cryptorank’s conclusion makes a lot of sense. Among the top 100 tokens by market cap, most will eventually disappear. I haven’t conducted any statistics myself, but I can feel it—every year the rankings change. Back then, even LTC’s market cap was higher than Ethereum’s. At that time, BCH could also make it onto the list. When I looked at market cap rankings in 2017, the difference from 2021 was huge. And now, when I look again, many of the coins I used to know are gone. I remember XLM could also rank at the time, and so could XRP.

So I’d still suggest to everyone in the coin community: make some money with a small-cap/rug-pull-style “altcoin” trade and then leave. Don’t put your faith in them.

@Yi He @Richard Teng @CZ

Spacex’s earnings report is better than before. In the second quarter, revenue reached $7.8 billion, up 92% year over year, exceeding FactSet’s analysts’ forecast of $6.8 billion; net loss was $541 million, a clear improvement versus the roughly $1.0 billion loss in the same period last year.

But I’m still firmly bearish. The business hasn’t changed and it’s still losing money. On top of the grand narrative and promises for everyone to see, it faces challenges in China.
$SPCX
@CZ @Richard Teng @Yi He

According to Axios, citing two regional sources and a U.S. official, the United States, Iran, and Oman are nearing a temporary agreement to reopen the Strait of Hormuz. The U.S. plans to announce this on Wednesday. This initial agreement would meet several of Iran’s demands regarding control over traffic management in the Strait of Hormuz—control that Iran did not have prior to the war. According to the two regional sources, the agreement being discussed would establish a 60-day temporary arrangement for the Strait of Hormuz, and the duration of the arrangement may be extended.

I’m seriously fed up. So you mean Trump is still the good guy? If you don’t bomb Iran’s control of the Strait of Hormuz, then none of that is an issue. Now you jump in again saying you want to reach an agreement, and then you tweet yourself. Not attacking Iran is supposedly for everyone’s good. Yellow-haired, you were shot—now that’s the greatest good for humanity!

I looked at the market action and basically there isn’t much impact. One moment you impose two blockades to control and then control again, the next moment you shoot and then don’t shoot. I feel like Iran might be the driving force behind bursting America’s AI bubble—without a fight, just let it do its thing. If it disrupts the middle of the U.S.’s computing power center in the Middle East, that’s enough.

During the Tuesday live session, when analyzing the market I said it should go up. From the start of the live broadcast until the U.S. session, it directly slapped me in the face—Big Pie (BTC) kept falling! I’ve always felt my judgment was right. I did a lot more, and after more than one round I ended up preventing losses and then continued going long. Later I had to train the students, and the profits slipped away.

After the training, Honghong said, “Coach, my brain capacity is a bit insufficient—I need time to process it.” I replied, “Okay, go back. After that, I’ll send you the homework. The homework doesn’t need to be turned in tomorrow. Take your time—don’t ask me in the office. ” He asked, “Coach, do other students learn the same way as me? It feels like the knowledge is too broad—too much. Can they digest it?” I said, “Yes you can. When you came, didn’t you already make that brave promise about taking the plunge into the sea? Keep it up. Some students at BTB didn’t even finish primary school—for example, Xiaobai and Xiaoyu. When Xiaoyu comes over, she can even train Xiaoyu.” “Have confidence in yourself—aren’t I still right here by your side watching over you? Go back and rest.

Now it looks like my prediction was correct. Big Pie moved upward. I originally thought it would reach 648 or 646, but then I saw the structure of this price action and the capital flow clearly wasn’t enough. So I entered a short at 64351. Now I can see my judgment was right—and I even got in at a relatively higher point. The resistance above Big Pie is 646–654. My take-profit here will likely see it below 636. Anyway, I’ve set it—I’m still bearish. This is the big-picture direction. But I know 622 is a key level—if it breaks, we can then see BTC in the 5xxxx range. If it doesn’t fall, Big Pie might very well surge toward 70,000.

Right now the situation is pretty delicate—stay cautious. We can only draw conclusions once the move plays out.

I also looked again and saw spcx has been rising. I immediately went short—at 122, with the stop loss placed at the previous high of 131. This stock is exactly like the crypto market. When 8.6 is unlocked, it runs up and distributes at the same time. It went from around 104 up to near 131—showing that finance is connected in the same way!

I found that when spcx falls, it’s just like altcoins. I went short at 122 and while I was still writing the article, it speared up to around 114. In just a few minutes—like, within minutes—that was already 7–8 points. I quickly closed the position. Is God letting me “pick up money”? Honestly, it’s really good luck! This is a stock—when it moves, it’s like an altcoin: explosive surges and crashes. U.S. stocks and altcoins aren’t so different anyway!”

$BTC $SPCX

The big bearish candle has closed. Look at this claw-style pattern—keep the bearish outlook. If it doesn’t break down at 622, I’ll need to change my overall directional call. I’m anticipating a possible reversal to the upside in the future. If it goes up, then these levels ahead—653, 657, 668, 672—may all end up breaking through.

For the next couple of days, I’ll observe the BTC/Big Cake’s (大饼) movement. In the end, my conclusion is still more bearish. After all, within my understanding, I can’t find a reason for a breakout—unless the big players (the “institutional hands”) themselves pull the market up.

Although the U.S. and Japan “saved” the yen, really it’s the U.S. propping up its own Treasury bonds. It’s only a short-term stabilization. Otherwise, if Japan keeps selling U.S. Treasuries, the yen would strengthen—then if another rate hike happens, how would the U.S. handle it? Reduced arbitrage. And in July to September, they still have to issue more Treasuries—how is that going to work? The key is that they didn’t rescue it. And Japan has already popped the AI bubble—what will that mean for Musk and other big companies? Midterm elections are coming up soon.

I have to say, I’m impressed with Bessent—the head of Soros’s SFM fund!

Go ahead—let BTC drop, Big Cake! spcx is rising again; an opportunity is here. It looks like before this, the institutional hands were pushing the price up to release and distribute. The methods seem consistent between the stock market and the crypto crowd’s “distribution” tactics.
$BTC $SPCX

Oh my god, damn it—US main market opened. I watched for more than an hour, then I suddenly got sleepy, fell asleep, and planned to pull it up near 640 to place a big short. But when I woke up and checked, it was around 639—I’d missed the peak. I shorted anyway. After a bit, at 8 o’clock I’ll take a look at how it’s moving and then get ready to sleep. Anyway, everything’s already set. This round either I’ll make less money, or if God gives me a hand, then I’ll make more.

In the afternoon, around 623, I also waited all morning. I entered just above 62300.1. I originally expected it to drop a bit later in the evening and then keep rising. Looking back in the review, that was correct. But the students arrived—I made a little and then left, because I had to communicate. I can’t watch the chart anymore. Locking in profits is the real money.

Now looking back, my prediction was right. How was I supposed to know it would go up like that? So lock in profits—it’s the most reliable.

Holding the short position, I feel this pull-up is really weird. A short covering rally—meaning it very likely could drop back again during the day. Then we’ll see if my prediction is correct. Down below, the levels are 631, 629, 625.

This time Trump is happy—America says they won’t fight for now. Iran says, “I’ll continue fighting.”
Trump says, “Saudi Arabia told me not to fight, for peace.” Iran says, “I’ll continue fighting.”
Trump says, “I’ll talk—my efforts don’t work; I’m out of ammunition.” Iran says, “I’ll continue fighting.”

You two just keep performing. What I hate most is that the news is basically just the two of you. I really don’t want to watch you guys tear each other apart. A president tweeting every day—seriously, that’s messed up. But if you don’t tweet, how am I supposed to make money? Turns out big traffic really is great—like Trump himself, harvesting the whole world!

Jian Guo is back in Sichuan. Your mom is calling you back to eat. And he says, “I’ve got candy.”
$BTC
@CZ @Yi He @Richard Teng

If MicroStrategy plans to sell 300 pizzas, don’t panic too much since the volume isn’t that big. This is normal business behavior. Selling pizzas by MicroStrategy isn’t scary at all—if Bitmain sells Ether, then that would be truly frightening.

I woke up late today, but the big biscuit is still generally in line with expectations because Trump tapped out. It jumped up a bit in the morning and then came down. Unfortunately, while I was sleeping, I didn’t catch the high point to go short. Now I can only watch the price; I don’t dare to move.

I’m still maintaining a bearish stance. MicroStrategy may sell the big biscuit, but only in a small amount, so there’s no need to worry too much.

Is Peking University impressive? They directly used technical means to handle the Bitcoin-tracking issue, to curb Bitcoin-related crimes.
In any case, if we just trade and make money ourselves, it’s fine—just don’t go doing those illegal criminal things. That way, Uncle Cops won’t come looking for you.

I think the most important thing right now isn’t trading—it’s to go work on the quantum computer, break the public key of those more than 6 million “billion” coins, and then you’ll be rich. China’s already developed a quantum computer.

Unfortunately, when I was studying back then, I didn’t work hard. I didn’t even know how to use a quantum computer!

Trump really is a master at making money—you want to see my taco, you have to pay. I used to publish it publicly, but now I can’t. A monthly service fee is 100,000 USD!

So tell me, are you impressed or not?