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.
Only when it is late at night and everyone is asleep can you calm down. The live broadcast during this period has touched me deeply and made me more determined to continue the training and education in the cryptocurrency circle. At the beginning, my friend said that you have such a high degree, such a good experience, and you can stand up after two ups and downs. Why don’t you do training and education? When we entered the cryptocurrency circle, we wanted to find a place to learn, but there was no place. It was all about fomo, cx, and getting rich overnight. K-line technology can be learned from stocks, but it needs to be transformed into the cryptocurrency circle. Investment research is a dimensionality reduction attack in the secondary level, and there are also on-chain data, strategies, and position management. Share your sad past and the pitfalls of the cryptocurrency circle, so that more people can benefit and avoid detours. A science and engineering man like me doesn’t like to socialize. I like to do research by myself. To put it nicely, it’s called professionalism, and to put it bluntly, it’s called social phobia! I was so nervous when I went to Binance live broadcast that I not only stuttered but also almost said the wrong thing. Later, I tried a few times before I slowly got better. I was like they didn’t know me anyway, and they wouldn’t remember what I said.
I want to sleep a bit more, but my mind is already very clear. I slept from a little after one to around five or six—one way or another you’ll wake up by then; my biological clock is still adjusting.
I checked the chart: the market is shaking and trending down. I’ll keep sleeping. Still bearish—when the bigger trend breaks below 613, that’s a true trend breakdown. If 657 can’t break up, then it’s just going through a range.
When a period of consolidation drags on, you have to choose a direction.
I cut the EDU/VANA/SUI positions to make room for the big coin (Btc). The link is still kept. I’m basically down about 40% overall. As for SUI, it’s due to sentiment—after all, I’ve observed it for quite a while and it has still gone up several times—so I’ll pay for that sentiment.
Altcoins generally really aren’t working anymore. As long as the big coin isn’t down, the crypto space is still standing; play less with altcoins.
Never chase rallies or panic-sell. It’s the same with stocks—if you don’t understand it, don’t touch it.
The overall review is over. Overall, things are not bad, but the improvements still need to be to take profit in batches; don’t be greedy. Always wanting to make a big win in one go has caused substantial profit to be given back.
Recently, trading has started going very smoothly again. I’ve been warning myself to respect the market and not get carried away. Having gone through two rises and two falls, I know when things are going up and when they will fall. I stay sharp but restrained, and keep a low profile.
In the office, I also took out the videos I had saved on my phone from the time years ago when I went through extreme hardship, and watched them. It’s a warning to myself not to forget the suffering and painful experiences from the past. Keep honing yourself and moving forward. Don’t be arrogant or impatient. As I watched, I ended up crying!
First scene: Liu Qiangdong: Around the Spring Festival in 1996, I only had one yuan and two jiao left in my pocket. I made it through seven days. I didn’t celebrate my birthday, and I didn’t go back home for New Year’s Eve. Because I didn’t have money to return home.
Second scene: Yu Chengdong: When I was suffering inside, I walked alone at night. I kept walking until it was almost dawn, then I came back. After that, I went to work at the company.
Third scene: Jack Ma: When things were at their worst, I couldn’t even cry. If you cry, you still feel like there’s hope. If you feel aggrieved, sometimes you don’t even know where the resentment is coming from—you just feel powerless.
Fourth scene: Lei Jun: I often can’t sleep. I often lie awake for one whole night after another. I remember many nights when I sat alone on the sofa, looking at the lights in the building across the way. One by one, they went out. Then I watched as the sky gradually brightened. Actually, only people who have experienced this kind of pain can truly understand it.
Fifth scene: Yu Minhong: During a period of severe anxiety, standing by a window in a high-rise building, thoughts would pop up about jumping downward. In the middle of winter, I could only walk alone in the street for a long time, forcing myself to suppress my emotions.
Closing words: Find hope in despair. Life will surely shine brightly. Believe in the brilliance of human nature.
Hope that all of the friends in the crypto circle who want to make money, work hard, keep going, and good night. @Richard Teng @Yi He @CZ
“I'm just a common fellow who does business—I can't make a lot of money. What if I can't afford to marry you?” “Since I'm going to marry you, why should I make things difficult for you?” “You should find a rich man—why make us live through hard days?” “I don't think this is a hard life. Happiness belongs to those who are content.”
Today I’ll sit in the office and take a look at the board to analyze it, then I’m basically ready to go home. Yesterday’s trading consumed a bit too much of my energy, so I need to rest and get my condition back in shape before trading. Today the moment I made a move, a short got hit—clearly I was right about the direction, but my entry timing was off, and it also has to do with me not keeping up physically and being in a bad state.
For BTC, the resistance around 652–657 will be heavier. If it pushes up and manages to hold its ground, it would likely kick off a sustained rally. Personally, I don’t think that probability is high, so I’ll keep looking for a downside. That means when it reaches this range, I’ll go short. Earlier at 651, I actually could have shorted—there was a signal—but I didn’t feel like doing it; I’d rather rest.
Yesterday there were small inflows into the ETF. Today overall sentiment is heavily influenced by the Asia-session pull-up, and BTC also rose during the day. At the same time, the PCE data came out favorable. Before and around the time the U.S. stock market opened, BTC also followed higher. The U.S. GDP data came in below expectations, and the overall economic slowdown will affect both the U.S. stocks and BTC, increasing the risk of a decline.
Overall economic data suggests the U.S. dollar has started falling. The yen has started rising, and U.S. Treasuries are also down. Clearly, funds are flowing toward the yen—possibly because Japan is starting to sell U.S. Treasuries, which would help support the yen. Gold has also bounced. The lows from yesterday and today can be looked at as potential opportunities to go long on gold. Gold in the 3900–4000 range is a relatively strong base.
Recently I’ve started paying attention to Longxin (Changxin). I’m considering going long at an appropriate position, and at the same time I’ll continue to short SPCX.
I’m going to rest now, and I’m getting ready to go home. I won’t trade these two days. $BTC $SPCX
Today I pulled up the orders from yesterday and reviewed them. I still didn’t strictly follow the plan. One word: greed! I found that as soon as you let greed and attachment move you, something will go wrong. You need to be a trading machine with no emotions.
Today I also helped student Xiao Yu review his trades. I predicted that tonight the big BTC (big cake) will drop to 644–640. Let’s see if the prediction is accurate.
To earn living expenses, tonight I really worked myself to exhaustion. I stayed fully focused and totally absorbed, like staring at a beautiful woman, watching the big coin move!
Even now my lower back and shoulders still feel sore. I originally didn’t want to stay up late. But I knew the market makers were going to pull something, and I also wanted to make money—so I had to do it. Why was I so tired? One hand held my phone, the other clicked the mouse. I switched back and forth between four screens, checking different levels and trading volumes, constantly comparing to find buy and sell points. It’s a bit exhausting.
Because based on years of experience and a deep analysis of Wosh, I knew that before the Federal Reserve’s 2:00 meeting, they would be pushing the price up. So at 63690 I decisively entered a long position, and during the rally I sold in batches to take profit. Then I turned around and went short, because when I looked at his remarks, I knew that if the interest rate stayed unchanged, the announcement would be bearish—plus the broader trend was downward. When it dropped, I closed the short position, but I didn’t dare to go long, because I was worried it would keep falling. At the same time, I had already made preparations: with the broader trend downward, if the market makers wanted to push it below 636, they would inevitably need to pull it up toward around 646 before dropping it again. So I waited for the pull-up. When it rose, I went short—and it really did rise, so I had to short it.
This time went really well. I didn’t hit a single stop-loss. That means I could earn even more. Before, I would usually get stopped out 2–3 times and win only once, with a win rate of 25%, yet still managed to make money. This time: 3 trades, 100% gain. Completing a month’s living expenses of 600 RMB. There’s no other way—trading to make money means competing with the market makers in intelligence, in endurance, and in experience!
Let me talk about the overall trend: it has dropped to around 633. 636 became the resistance level. Last time it fell to 627 and then moved back and forth, but this time I estimate it probably won’t be able to pull back. 636 can’t hold. After that, whether 627 breaks or not is only a matter of time. Looking downward, I see 624 and 613. I mentioned before that if 613 breaks, then the five-figure big coin will show up. Considering my earlier analysis of Changxin Technology, I think my judgment was correct.
Japan and South Korea can’t hold up quickly anymore, and that will affect the US stock market. The Nasdaq is closing at 24442. I guess this pullback is likely to go to around 24000, and if it falls deeply, it may approach 23000. At the weekly level, the pullback is a bit intense.
I also estimated: in July, if CPI data is released and it doesn’t look good, that’s understandable—after all, Trump is dealing with Iran, and in July the oil price has been pushed up. The Federal Reserve still won’t cut rates!
Have reverence for the market, and thanks to the market and the Federal Reserve for these three opportunities that let me feast.
Why did Changxin Technology’s IPO cause the South Korean stock market to crash, the US stock market to plunge, and even Bitcoin to be affected?
Recently, Changxin Technology has skyrocketed. I just looked at the news and didn’t know what this guy does. Anyway, I saw that everyone was making money hand over fist, and some even set up short contracts—looks like they were doing great! Since I didn’t place a short position like the big shot, and watching it keep dropping, I didn’t go in. Instead, I spent the time learning about Changxin Technology! The more I looked into it, the more shocked I was. With how aggressively it went public, it’s probably only natural. It’s like Musk’s... I was never optimistic the whole way—I kept shorting all the way. As for Changxin Technology, I’m bullish all the way. Before talking about Changxin Technology, let’s first talk about Samsung, Hynix, Micron, SanDisk, and others—why have they been rising? Mainly because NVIDIA makes compute-power chips, and that requires more storage devices, so naturally companies like SanDisk get involved too. And that’s why they went up! Chips are generally referred to as DRAM. Within it, there are subtypes: DDR for computers, LPDDR for phone memory, HBM for NVIDIA’s high-end graphics cards, and GDDR for standalone graphics cards. I knew that in the DDR era when I used to assemble desktop PCs—it was still at 512. I didn’t have much exposure to LPDDR; that’s for phones. As for the high-end ones, I haven’t really come across them either.
At 2 a.m., there will be a Federal Reserve interest rate decision. Tomorrow, throughout the evening, economic data all day will give the market a bullish trend. I predict that although Bitcoin has already dropped for now, it should rise again tomorrow. Let’s see if it can drop to around 63,6 and hold there—then I can enter!
If the Fed doesn’t cut rates, that should meet expectations, and it’s a positive signal, especially given the expected high inflation!
I didn’t catch the short, so let’s see if I can catch the long.
Still, I want to emphasize: for newbies who don’t understand, I don’t recommend doing futures/leveraged contracts. Just be honest and stick to spot trading. $BTC @Yi He @Yi He @CZ @Richard Teng
Today I got to the office a bit late. I started around the 647 area. When I got to the office, Xiao Yu was doing practice. He said you can stay empty here. I said, yes, that’s right. But I don’t teach contracts—you do your own, do it yourself. After a while, he told me, the coach made money, it balanced out, time to eat.
During lunch, I said I’ll give you another 647-area entry opportunity. After we finished eating, we went back to the office. Sure enough, it came—right at the second circle. He went in again, and I was getting ready to go in too!
Damn. I opened my phone, and Huawei popped up your cloud service XXX. I immediately closed it, then I opened the trading app. The VIP exclusive customer “little sister” also had a message come through—XXXX. I replied, okay, without even reading. When I got to the contract screen, the big pancake had already dropped to 644. At the same time, Lao Wang’s message came in: he was practicing and bought at 642. He asked me whether the entry signal and logic were correct. I said it was correct—level-wise you’re right. But the big trend—if you don’t follow, you’ll lose money and it will drop.
Now looking at the situation, the big pancake price is 64328. Ugh! I don’t even have the desire to short anymore. I’m not doing it!
For real, I want to smash the phone. Seeing is one thing, doing is another—there’s also this gap. Before, I thought this gap was between knowledge and practice. Now I think it’s f***ing the phone prompts and the exclusive VIP customer service! Damn.
Predicted during last night’s livestream that it would reach around 650. It’s about there now—I noticed the upward momentum isn’t enough. From a technical standpoint, things are basically in place. If it’s going to reach 650, I won’t be taking the rest of the move after this. $BTC @CZ @Richard Teng @Yi He
Crypto-爱币斯坦
·
--
I made a trade today during the live stream. The live stream affects my judgment. I clearly had the right call—after realizing that Big Cake was going to drop and then rebound, I went long for more than two times. I stopped out, and then I opened a short anyway, and I stopped out again. The entry price for the long positions wasn’t good, and I got stopped out again. On the fourth attempt at going long, things finally stabilized!
Now I just have to see whether my prediction is right—can Big Cake rebound up to around 650? If it can reach there, then I’ll be able to get some profit!
Still, I suggest everyone not to trade futures, and not to chase after those stocks that surge or crash dramatically. It’s the same idea as chasing fake coins that pump and dump—always do what you’re familiar with!
I made a trade today during the live stream. The live stream affects my judgment. I clearly had the right call—after realizing that Big Cake was going to drop and then rebound, I went long for more than two times. I stopped out, and then I opened a short anyway, and I stopped out again. The entry price for the long positions wasn’t good, and I got stopped out again. On the fourth attempt at going long, things finally stabilized!
Now I just have to see whether my prediction is right—can Big Cake rebound up to around 650? If it can reach there, then I’ll be able to get some profit!
Still, I suggest everyone not to trade futures, and not to chase after those stocks that surge or crash dramatically. It’s the same idea as chasing fake coins that pump and dump—always do what you’re familiar with!
Crypto news has been losing its value. In the past, entering based on good information would unlock wealth—those “wealth password” messages—and after watching for so many years, I recently realized there’s no real gold in it anymore. It’s either current political events or economic data, then U.S. stocks; there’s been far less crypto news.
Today I decided to give up watching crypto news.
Actually, ever since three years ago when Big Pancake passed through the ETF, I started studying international finance. In a way, I anticipated the situation we’re in now. The change isn’t abrupt; you could say it’s just the natural outcome.
Even though the crypto market’s “riches-from-nothing” effect has weakened, we still need to return to Big Pancake. When traditional finance embraces blockchain technology rather than the crypto scene, the logic of relying on narratives in the crypto market changes. Under such conditions, you must make forecasts and adjust early—otherwise, by the time you react, you’ll be left far behind.
If you’re going to shift to stocks, simply put, it’s similar to the crypto market: there will be many recommendations for stocks too. Finance is interconnected. I’ll still stick to independent research and independent trading. I won’t chase hot trends. Of course, chasing trends can make money—but it’s really the same as the crypto market’s buy-the-rumor/sell-the-fear cycle. It can work, but it isn’t sustainable; it’s like a flash in the pan.
Getting familiar with a target takes a long time, not just checking trading volume to decide—that thing changes. Like how the top ten market caps in crypto change every year, but Big Pancake’s ranking never changes. So finding a ticket like that is the correct direction.
One good thing about the crypto market is that you can trade stock contracts—this is also a good way to “tighten the noose.” For capable people, it adds another channel to make money.
So focus on Big Pancake for now, and with spare capacity, gradually transition into researching stocks. Stay calm, don’t be complacent, don’t follow the crowd, don’t fomo. Earn within the money you understand. If you can’t manage it, then absolutely don’t do it.
Yesterday, when Xiao Yu was leaving, I told him that a big pie would be given around 644, and once it reached there, we’d enter the trade. Then I walked away around 649. Xiao Yu is really smart—he placed an order, and when it got filled, he also walked away around 650. Originally, I really wanted to go long around 650. The exact price was 65026, and the order point and position size were already entered, but I didn’t place it because I knew that if I entered a trade, I’d have to watch the chart constantly and stay up all night.
Thinking about it, I should go to sleep earlier. I went to bed at around 1:00 a.m., but I woke up again at around 5-something. When I got up and looked, yes—if my prediction was right about the drop, then maybe it could fall to around 636.
A fellow coin friend asked me about going long—where I would set the stop loss. I said I’d set the stop loss at 64380, meaning a 10-point loss. That’s the essence of “small loss for big gain” in contracts! I made it clear: I don’t carry positions; it’s self-funded and you take responsibility for your own profits and losses.
While I was still writing an article, the big pie already dropped to around 636. It really gave face.
For predicting a target from a long-term investment perspective—like Bitcoin (the big pie). If you can see it reaching 100,000 or 200,000, the difficulty isn’t actually that great. But if you can accurately predict within 1 hour or 4 hours where the big pie will rise to and where it will drop to—that’s much harder than the former. If you don’t believe it, you can try it yourself.
I used to not get it right either. I practiced for so long, and I can do it now. Where are the “experts”? Real experts are just the ones who keep studying and practicing diligently. All these years of staying up late, watching charts, placing trades—only after all that do you end up with results like this. Making money has never been easy. Don’t we just take it one step at a time, doing it piece by piece? Although I’m better than before, I will always keep a sense of awe toward the market. I know my pride and arrogance will be my grave in the future. Only by staying humble and having a positive, optimistic attitude toward learning can you go far!
After I finish writing the article, I still need to keep sleeping—less late nights! And I hope everyone takes care of their health. Money can’t be earned forever.
Someone questioned why I don’t post my orders. I don’t want anything from you either, so there’s no need to post them. If you doubt my ability, there’s an offline office in Chongqing where I stay long-term, because I trade from the office. Come by, and you’ll be convinced in person. Tough words up front: brothers come, there’s good liquor; when the wolves come, there are hunting rifles!
Around 636 is fine for going long—set your stop loss properly. I’m not trading anymore. Time to sleep. $BTC @Yi He @Richard Teng @CZ
The moment I just finished posting the big pie 644, the chance came—go long now! I’m very grateful the market is giving me face, feeding me a meal! Whether we can make money depends on how much the heavens rebound!
$BTC
Crypto-爱币斯坦
·
--
The trainee, Xiao Yu, has just driven home for the first time. Today, starting at 6 o’clock, she has been sitting in front of the screen with me the whole time, doing a live trading demo to predict the trend of the big coin and key price levels. Four screens analyze different levels at the same time: from the drop starting after 653, to where it would have to rise to before the U.S. stock market opens, and then to where it might move once the downtrend starts—how it could move, how to judge the trend cycle, and analyze the cycle, the entry cycle, and how to combine them. Basically, we completed all of it tonight in sync. The screenshots help you see the big picture, but in reality, when the move hasn’t happened yet, you can’t see it—you have to draw it in advance and wait for it to play out to verify the prediction.
Basically, it’s all correct. Next, we’ll wait for the big coin to cross down at 644 again and then give another long opportunity. If it doesn’t happen, then fine—if it does, then we act. The short from this morning was already taken profit on at 649–650. In the afternoon, it rallied again, but I slept—I didn’t catch it.
Honestly, training students is way more exhausting than making money trading by myself! Why do it at all? When I first entered the crypto world, I was brought to a CX platform by someone, and I couldn’t find anyone to learn from. People around me either just shouted for all-in trades, or they were scammers. There aren’t many who truly understand and understand properly—but it’s also true that early on, most people did make money. Back then, making money mattered more than anything, so whatever was said was “right.” In the end, though, many who made money due to luck eventually lost it all with skill.
Today I’m feeling especially unwell, so when I saw opportunities at night, I didn’t enter. My condition was affected. Let’s slow down for now—money can’t be made all at once, but it absolutely can be lost all at once. $BTC @Yi He @CZ @Richard Teng
The trainee, Xiao Yu, has just driven home for the first time. Today, starting at 6 o’clock, she has been sitting in front of the screen with me the whole time, doing a live trading demo to predict the trend of the big coin and key price levels. Four screens analyze different levels at the same time: from the drop starting after 653, to where it would have to rise to before the U.S. stock market opens, and then to where it might move once the downtrend starts—how it could move, how to judge the trend cycle, and analyze the cycle, the entry cycle, and how to combine them. Basically, we completed all of it tonight in sync. The screenshots help you see the big picture, but in reality, when the move hasn’t happened yet, you can’t see it—you have to draw it in advance and wait for it to play out to verify the prediction.
Basically, it’s all correct. Next, we’ll wait for the big coin to cross down at 644 again and then give another long opportunity. If it doesn’t happen, then fine—if it does, then we act. The short from this morning was already taken profit on at 649–650. In the afternoon, it rallied again, but I slept—I didn’t catch it.
Honestly, training students is way more exhausting than making money trading by myself! Why do it at all? When I first entered the crypto world, I was brought to a CX platform by someone, and I couldn’t find anyone to learn from. People around me either just shouted for all-in trades, or they were scammers. There aren’t many who truly understand and understand properly—but it’s also true that early on, most people did make money. Back then, making money mattered more than anything, so whatever was said was “right.” In the end, though, many who made money due to luck eventually lost it all with skill.
Today I’m feeling especially unwell, so when I saw opportunities at night, I didn’t enter. My condition was affected. Let’s slow down for now—money can’t be made all at once, but it absolutely can be lost all at once. $BTC @Yi He @CZ @Richard Teng