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.
🏷 Beginner's Classroom • Arena Challenge EP12【Open Quiz Arena, If You're a Top Student, Come Join】
🎁 Arena Challenge Highlights:
·Using recent live stream/teaching theme related knowledge, set up 50 Kahoot quizzes, open for everyone to participate; ·Quiz Top 20 x Share $200, win different tiered rewards based on rankings, Top 3 share $80; ·Live room heat red envelope x Share the live stream, reach a certain peak heat value and interaction to trigger $100~200 red envelope;
The pressure above the pancake is 682 695, and the support below is 655 645, After being flat for a whole morning, today is Friday, don’t let it be Black Friday, tonight the pancake will either rise or fall, it definitely won’t be flat!
The live broadcasts on the 13th, 14th, and 15th may be delayed, especially on the 14th, the main quest must be completed first before doing side quests.
To be honest, I really want to curse! Americans just won't calm down, the Pentagon has ordered the second U.S. aircraft carrier strike group to prepare for deployment to the Middle East!
You must not make a move during the Spring Festival, we are all on vacation, we've worked hard for a year, let us celebrate the New Year properly. I don't want the market to plummet, nor do I want it to surge, just some fluctuations will do. Don't let us be eating the New Year's Eve dinner, family reunited, while the market drops by ten thousand points!
The more I feel, the more I think there might be a big market move during the Spring Festival, it could be a drop! I hope my feeling is wrong.
Being a professional trader and trainer is really exhausting; you have to make trades yourself, and also respond to students' questions at any time. Many of these aren't technical issues, but psychological and human nature problems. Every day I have to livestream hoping that fellow coin enthusiasts will learn and grow more, and avoid pitfalls.
In fact, if the United States and Iran were to fight, during this time Iran is selling large flatbreads. As the fifth largest mining country, combined with economic sanctions, I have every reason to make such a guess. Of course, I have no evidence. The more intense the fighting, the more Iran sells!
Many people feel very anxious when they see the K-line fluctuating back and forth and the profits and losses on their accounts. They worry about losing what they've earned and fear losing even more!
I have a good method to remedy this: switch the K-line to the yearly or monthly level, and the fluctuations will be much smaller. Click on the little eye next to the amount on the software to hide the amount!
Actually, I also want to say that I really don't want to work hard anymore. It's better to find a rich woman and just do that. Trading cryptocurrencies is so difficult!
Then I thought, for someone like me who earns 1000 a month, I must find someone who is a good match to have a long-lasting relationship. Suddenly, I felt that this idea was not feasible. I still have to honestly trade cryptocurrencies to make money, and only after earning 1 million a month will I go find a rich woman!
Goldman Sachs disclosed a $2.36 billion exposure to crypto assets, including $1.1 billion in BTC, $1 billion in ETH, $153 million in XRP, and $108 million in SOL $BTC $ETH $XRP
The pancake 670 has arrived, next let's see if it can reach around 650, if it does, it will be perfect!!!
$BTC
Crypto-爱币斯坦
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Today during the live stream, after analyzing the market trends and news, I opened a demo account and invited the cryptocurrency enthusiasts in the live room to participate. Everyone thinks that contracts can be profitable, so let's give it a try and see if we can make money.
I let everyone choose the target and time period, and in the end, we chose Bitcoin (BTC). After selecting a period, we started to trade contracts. Among the BTB research students, Zhongnan and Jinbei participated.
Throughout the process, it was evident that Zhongnan's skill level was higher than Jinbei's. Overall, Zhongnan made a profit while Jinbei incurred a loss. It's not about saying who is better or worse; Zhongnan was by my side, guiding me step by step, and is still practicing. Jinbei is relatively far from me, has never been to Chongqing, and usually has to work. My advice to Jinbei is that you shouldn’t trade contracts; you won’t make money.
The entire trading process clearly showed that every trade by Zhongnan was backed by sufficient reasons. Although there were losses, the overall profit was high. Jinbei's entries were based on feelings, and the points were not very accurate. When going short, there were continuous losses as it dropped, and when going long, there were continuous losses as it rose, resembling many cryptocurrency enthusiasts.
This is still just a demo account and is part of our BTB research training practice. I warmly welcome everyone to participate in my live stream to test their own skill levels.
I have only one requirement: what is your reason for entering each trade? Profit and loss are interrelated. What is your profit-loss ratio, and how do you set your stop-loss? Gradually, you will understand why you are not making money and why I say beginners should not trade contracts.
In future live streams, whenever we have time, we will do review exercises together, and everyone can bring their targets, connect via voice or share screens to learn and grow together.
Today, the long position at 68560 is fine. After setting stop-loss, the decline is actually just the market makers causing issues. Where it should continue to go long, I opened a short position, which incurred a loss at 69350. I reviewed it; the 5-minute upward trend had not finished, and around 699-701 is the best position to go short. Now it has indeed reached the position I marked during my live stream. Of course, I believe this short position at the 4-hour trading cycle should be profitable; it should decline. At least I controlled myself but still brought a bit of emotion into it and did not enter at a better predicted point.
The stop-profit for the short position is set at 670-650. Let's see if I can make it back.
SBF has started speaking frequently on Twitter, specifically mentioning the following content: 1) The first rule of Biden's political legal battle: Don't let them present evidence. 2) Biden's legal battle machine has made false accusations against me, and to make the accusations stick, they even prevented us from responding. 3) They want to stop Trump, so they throw spaghetti against the wall. He is accused of committing 34 crimes for violating the non-disclosure agreement (NDA) - should this expense be categorized as legal, campaign, or personal expenses? These questions often arise when running a business, and there are often no clear answers. 4) The Trump Organization internally records these expenses as "legal fees" - this is exactly what lawyers and accountants recommend. Therefore, Democrat Alvin Bragg and former Biden official Matthew Colangelo sued him, claiming he should refer to it by another name. 5) No one has ever looked at the company's internal bookkeeping records! The idea that Trump would know about these entries is absurd. 6) (The reason there are 34 criminal cases is that there are 34 account entries.) 7) Then they had the judge issue a gag order against Trump. Biden's Justice Department also kept me silent - having Judge Kaplan seal my lips before the trial and then lock me up. Trump also appointed Kaplan as a judge. 8) The reasons Biden hates me vary: They hate cryptocurrency, while I am one of the representatives of American cryptocurrency. I used to be a donor to the Democratic Party, then shifted to donating to the Republican Party. I was once Gensler's biggest enemy - I traveled to Washington D.C. dozens of times trying to take power from him. 9) So they lied and said I stole billions of dollars, leading to FTX's bankruptcy. But the funds have always been there, and FTX has always had the ability to pay its debts. 10) My prosecutor Sasson wrote a 70-page document listing all the evidence they didn't want the jury to see, prohibiting me from pointing out FTX's solvency; even preventing me from mentioning lawyers. Judge Kaplan approved all the requests from Biden's Justice Department, ensuring I couldn't show the truth to the jury. 13) Biden's legal battle machine attempts to cover up the truth. I bought some lottery tickets and lost it all. $FTT
The Southern District of New York's U.S. Attorney's Office has just received documents from FTX founder SBF requesting a review of the cryptocurrency crime case.
If SBF gets out, $FTT will definitely be the next high-stakes target, but I can't guarantee that he will get out; that's the unknown risk.
Initially, SBF's misappropriation of users' funds was wrong, and CZ's risk control measures were also correct. Overall, FTX was great as long as there were no runs on the bank. It would be a very good exchange now, and if given six months to a year, the losses could be recovered, especially since there are still tens of millions of SOL in hand from the investments in many projects, and during the crash, SOL was at 10.
However, I believe that using users' funds is a matter of integrity; as long as they are not used, there wouldn't be any subsequent crashes.
If SBF gets out, he will definitely have a long confrontation with CZ, who has also spoken out.
CZ: The withdrawal from FTX equity investment is due to SBF poaching employees and malicious defamation, and related lawsuits are still ongoing.
The US and Iran cannot reach an agreement; this has been anticipated for a long time. Once action is taken, the US stock market and Bitcoin will both fall. This is why I only see 733 and 742 as the extremes, and I can't look beyond that, although I don't know when action will be taken.
Israel was not prepared at first, but now they are ready, and Iran is also prepared; the missile systems have been fully upgraded and restored.
Today during the live stream, after analyzing the market trends and news, I opened a demo account and invited the cryptocurrency enthusiasts in the live room to participate. Everyone thinks that contracts can be profitable, so let's give it a try and see if we can make money.
I let everyone choose the target and time period, and in the end, we chose Bitcoin (BTC). After selecting a period, we started to trade contracts. Among the BTB research students, Zhongnan and Jinbei participated.
Throughout the process, it was evident that Zhongnan's skill level was higher than Jinbei's. Overall, Zhongnan made a profit while Jinbei incurred a loss. It's not about saying who is better or worse; Zhongnan was by my side, guiding me step by step, and is still practicing. Jinbei is relatively far from me, has never been to Chongqing, and usually has to work. My advice to Jinbei is that you shouldn’t trade contracts; you won’t make money.
The entire trading process clearly showed that every trade by Zhongnan was backed by sufficient reasons. Although there were losses, the overall profit was high. Jinbei's entries were based on feelings, and the points were not very accurate. When going short, there were continuous losses as it dropped, and when going long, there were continuous losses as it rose, resembling many cryptocurrency enthusiasts.
This is still just a demo account and is part of our BTB research training practice. I warmly welcome everyone to participate in my live stream to test their own skill levels.
I have only one requirement: what is your reason for entering each trade? Profit and loss are interrelated. What is your profit-loss ratio, and how do you set your stop-loss? Gradually, you will understand why you are not making money and why I say beginners should not trade contracts.
In future live streams, whenever we have time, we will do review exercises together, and everyone can bring their targets, connect via voice or share screens to learn and grow together.
Today, the long position at 68560 is fine. After setting stop-loss, the decline is actually just the market makers causing issues. Where it should continue to go long, I opened a short position, which incurred a loss at 69350. I reviewed it; the 5-minute upward trend had not finished, and around 699-701 is the best position to go short. Now it has indeed reached the position I marked during my live stream. Of course, I believe this short position at the 4-hour trading cycle should be profitable; it should decline. At least I controlled myself but still brought a bit of emotion into it and did not enter at a better predicted point.
The stop-profit for the short position is set at 670-650. Let's see if I can make it back.
Pre-market plan and the drawing of support and resistance levels
We often encounter such problems: after a continuous rise, should we chase or not? If we don't chase, we fear missing out; if we chase, we fear being trapped! After falling for a long time, should we buy the dip or not? If we don't buy the dip, we fear missing the reversal; if we do, we again fear being trapped. These are all emotions playing tricks! Trading should not rely on feelings but on techniques and signals.
Before entering the market, I need to ask myself several questions: 1. What is the current market doing? Consolidating? Breaking out? Falling? Luring buyers? Pressuring positions? Etc. 2. Where is the starting point of the trend? 3. Which part of the trend have we reached? Initial, mid, or late stage? 4. What is the level we are looking at? 1 minute, 5 minutes, etc. 5. What are my own thoughts? Up, waiting? 6. Follow the big trend or the small one? 7. Where is the defensive level? 8. Should I enter the trading cycle? After I ask these questions, I can clearly know whether I am observing or waiting.
What to focus on while watching the market? 1. Has my entry logic failed? 2. Is the market rhythm correct? 3. Have my emotions changed?
Real trading is not about staring at price changes, account profits and losses, and indicators!
How to find support and resistance levels 1. Where the candlestick appears the most price 2. Points that act as both resistance and support 3. Points that I can see at a glance
I believe that these are the most basic aspects of trading. If you want to make money and sustain profits in trading, you must possess the most fundamental knowledge and corresponding operational skills. Without it, if you tell me you can make money, I think it's just luck, which is not sustainable. Even with basic knowledge, it does not guarantee sustained profits, let alone without it.
If none of these are in place, dreaming of making money and sustaining profits in contracts is just a fantasy. No matter how much you earn on your account, I can already guess the final outcome.