Let’s compile some early cases of getting rich through BTC for our family members:

1. Li Xiaolai, the biggest winner of Bitcoin, achieved his dream of getting rich overnight by exchanging 100,000 Bitcoins for 13.5 billion in cash. Li Xiaolai was originally just an English teacher at New Oriental living on his salary every day, but by chance, he learned about Bitcoin and felt that this virtual currency had a great future, so he bought Bitcoin crazily when the price was low. coins, then hoard them and sell them when the price of Bitcoin is high. Some people may think that the profit from this price difference is actually not big, but no matter how small a fly is, it is still meat. Through Li Xiaolai's continuous efforts, the number of Bitcoins in his hands has been growing significantly and steadily, and has reached the huge number of 100,000.

1. Analyze the market

There are unilateral market trends and volatile market trends in the currency circle. Generally, unilateral market trends only occur within a period of time, and the currency circle experiences unilateral rising or falling trends. This kind of market is the best to do. Investors only need to be long on dips or short on highs. In a directionless market, it is not suitable for medium and long-term trading. It is only suitable for short-term trading. Sell high and buy low, and run as soon as you make a profit.

2. Analyze trends

The second step is to look at the trend. You can refer to the daily K-line, weekly K-line or monthly line, and analyze the long-term factors that affect the mainstream currency, so as to judge whether the mainstream currency is rising or falling within a period of time. If you don't look at the trend first before entering the market, and blindly chase the rise and fall, you will only leave the market in disgrace. Only after judging the trend can we set rough operation targets. It can be said that judging the trend well is already half correct.

Recently, a piece of news that "an alumni was sued by his alma mater (China University of Mining and Technology) for failing to honor an 11 million yuan donation" has attracted the attention of netizens. According to people familiar with the matter, this is a post-90s generation who once made hundreds of millions by speculating on currencies and also established his own fund company. Either to repay his alma mater or to show his strength, he announced a donation of 100 yuan to his alma mater on the 110th anniversary of China University of Mining and Technology. However, due to the sharp decline in the cryptocurrency industry, fund company contracts were liquidated, and opportunities for cryptocurrency assets were reduced to zero. Unable to fulfill his promise to donate 1,100 yuan to his alma mater, his alma mater took him to court, and he eventually became the executor of breach of trust.

The rise of the cryptocurrency market has also impacted memecoins. This upward trend started with popular meme coins and has since been followed by hundreds of other coins. However, Pepe challenged Dogecoin and Shiba Inu with strong growth in trading volume.

Judging from the data in the last 24 hours, Pepe’s trading volume has reached more than 250 million US dollars. This volume grew in tandem with the price of Pepe, resulting in a $50 million spread for Dogecoin and a $150 million spread for Shiba.

Pepe gets stronger: Dogecoin and Shiba Inu fall behind

Popular memecoin project Pepe (PEPE) has become the most traded memecoin, with trading volume reaching approximately $250 million in the past 24 hours.

I am a veteran in the currency circle. I entered the currency circle in August 2017. I first worked in a large casino called Jubi. At that time, I discovered that there would be a wave of market prices every twelve o'clock in the middle of the night. But the good times did not last long. When the seven ministries and commissions came under supervision in September, you know, at that time, I was completely speculating. As a result, I was forced to liquidate my position in September (I believe many people are like this). At that time, I privately raised a Token TRY, privately raised 10,000 yuan, but later withdrew due to fear of the market. After that, I didn’t enter the currency circle again for two months, thinking that the currency circle would just die out.

No investment market can escape the 28/20 rule, and the same is true in the currency circle. After all, there are only a few people who make money by speculating on currencies, and most investors are the ones being harvested. There are many factors that lead to losing money in currency speculation, such as: chasing ups and downs, not having a complete investment plan, lack of knowledge... To sum up, there are nothing more than the following six points.

1. Serious short-term thinking

What we are talking about here is short-term thinking, not real short-term or swing trading; simply put, we should take a longer-term view. What everyone discusses is how much it has risen today and how much it has fallen tomorrow... And What will happen to this currency in half a year or one year? You can look at any of the so-called "great gods" who have achieved financial freedom in the current currency circle and make money in three to five days. They all rely on time;

On September 7, 2017, a domestic ban was issued. Bitcoin plummeted by 50% that day, and altcoins plummeted by more than 90% in a single day. The entire currency circle was in a mess, and funds were fleeing like crazy. At that time, I was thinking, will the future be good?

In March 2020, a once-in-a-century epidemic hit fiercely. The US stock market crashed three times in a short period of time. Bitcoin fell from more than 9,000 US dollars to 3,850 US dollars in a few days. The entire market was bleeding like a river. At that time, I was also thinking about whether the future would be okay?

In fact, everything turned out very well and they all received very good profits.

The key is, when you were panicking, did you buy and did you buy enough?

Whether the follow-up of copycats depends on new lows or reversals, if it comes to new lows, the big pie may reach 40,000 one day, or it is possible for junk copycats to continue to hit new lows. Speaking of reversal, many coins here will be followed by a big pie, and the probability is not small. I think these two situations will happen side by side, so the copycats in the future may also be very fragmented. But no matter what the situation is, repairs should be made now. A general reaction has basically been completed last night. It should be the first divergence now. After falling so deep for so long, the rebound should not be unable to withstand the first divergence. Maybe the subsequent divergences will become consistent, and the line may be It's clearer. After all, the first wave was basically a general reaction, and with a bunch of events, it was hard to tell which one was better.

We have written many stories about big guys in the cryptocurrency industry. Looking back carefully, these big guys are all male without exception. In fact, in the smoke-filled and fiercely competitive currency world, not only men, but also many women are here to ride the waves and look for opportunities. After all, it would be boring if the cryptocurrency world only had one gender.

So today, we will take stock of those ladies who are all-powerful in the currency circle and ride the waves.

Nina Little Ears: The new generation power highly recommended by Sun Yuchen

The most popular and popular female internet celebrity in the currency circle recently is none other than Nina’s little ears. The stage where she became famous was precisely the Hong Kong Web 3.0 Summit that just concluded. Under Sun Yuchen's support, Little Ear quickly became a rising star in the blockchain field, focusing on a graceful figure and first-class court control.

Today another fan told me that he lost 60,000u by speculating on contracts and was planning to continue speculating on spot prices. He said that he would not lose money on spot prices.

I suggested that he use the remaining money to buy some gifts for his girlfriend.

He said he didn’t have a girlfriend, so I said, buy some gifts for your family. Don't waste it.

Making money is not easy. It's too easy to lose money.

He said how could spot losses occur? It would be fine just waiting for him to slowly increase.

I can only reply, wish you good luck, it all depends on your choice.

I have written so many articles, but it is impossible to make a contract if I really understand them.

The contract is not suitable for most people. The contract is not unprofitable. The highest cumulative income for a person on the ranking list is 20 million U.

1. Currency hoarding method: Suitable for bull market and bear market.

The coin hoarding method is the simplest and most difficult way to play. The simplest reason is that after buying a certain coin or several coins, you hold it for half a year or more than a year without operating it. Basically, the minimum profit is ten times. However, it is easy for novices to plan to change their car or get out of the car when they see high profits, or when the currency price drops by half. It is difficult for many people to persist without operating for a month, let alone a year. So this is actually the most difficult.

2. Bull market chasing method: only suitable for bull markets.

Use part of your spare money, preferably no more than one-fifth of your capital. This method is suitable for playing coins with a market value of 20-100, because at least you won’t be stuck for too long. For example, if you buy the first altcoin and it rises by 50% or more, you can exchange it for the next coin that plummets, and so on. If you are stuck with the first altcoin, then continue to wait, and the bull market will definitely be able to unwind. The premise is that the currency cannot be too deceptive. This gameplay is actually not easy to control, so newcomers need to be cautious.

Never possible.

The man who ensnared so many people. Will the dealer help you use your own money to unwind the trap?

If you were a banker, what would you do?

There are only Bitcoin and Ethereum in the currency circle and they don’t trap anyone.

Because people do have needs, and they don’t need to make money by taking orders.

What are the needs of fil? What is decentralized storage? At present, what it does is nonsense.

Come on, cloud computing companies like Alibaba Cloud, Tencent Cloud, and Amazon are going to be crazy.

Isn't that impossible?

fil is just a bullshit coin. Nothing of value except MLM hype

1. Open long and short orders of the smallest unit for all hot coins in advance and use full leverage.

2. Every time a currency rises or falls sharply, you show off hundreds of percent or even thousands of profits.

3. Then use a non-small account to search for the interpretation of this currency, slightly modify it, and explain your order logic in the Weibo post where you posted the order.

4. Leek directly calls the master and its popularity is increasing at an alarming rate

If it goes up, write:

The XXX track is the main theme of the future, with huge room for imagination. Before the main force attacks, I have already laid an ambush in advance.

If it falls, write:

Inflationary pressure from US imperialism is still great, the conflict between Russia and Ukraine is not over yet, and there are still many uncertainties. We'll be keeping a close eye on the Fed's speech next Tuesday.

If you want a hundred times the coins, then I will give you a methodology.

You open non-small accounts and sort by until, and then select those with a market value of less than 1 billion, preferably between 100 million and 500 million.

In a bear market, there are still 100-500 million, indicating that the project has not failed. Then see if it comes up to An An and Ou Yi.

If they are all listed, then let’s see what the founder is like and whether he is from abroad. Then check the founder,

Are you young or old? Do you have a successful entrepreneurial history? Having a successful history means you have money, which can reduce the probability of cutting leeks.

Paying attention to a few points can more effectively prevent your card from being frozen after receiving black money.

(1) For OTC transactions, try to choose large platforms such as Binance and Ouyi. These platforms have better communication channels and risk control methods with mainland regulatory agencies and law enforcement agencies.

(2) Try to choose an OTC platform that supports T+1/T+2 withdrawal strategy. Although you cannot withdraw money immediately after selling the coins, it reduces the risk of money laundering through OTC transactions. For example, Binance T+1 and Huobi Select Trading (compared to free trading, T+2 withdrawal).

(3) Avoid directly using stable currency OTC transactions such as USDT. Try to use mainstream currencies such as BTC and ETH for OTC transactions.

Let’s get straight to the point, it’s big cycle trading, which has been emphasized many times in previous articles. Here, I’ll tell you about it from another angle.

Let’s talk about the recent hot events first, Ark and BlackRock’s application for Bitcoin spot ETF.

Calculated according to the past response time given by the SEC to such applications, it is generally within 180 days and no later than 240 days.

According to this latest time point, the SEC will give a reply in February 2024 at the latest. It is worth noting that Bitcoin will be halved in May 2024. The relationship between the two is very subtle.

Success or failure is nothing more than these two outcomes.