The big explosion is coming! #BTC

The cryptocurrency market in 2024-2025 will be your golden opportunity to turn things around!

This round of bull market will give birth to a large number of rich people. Doubling is a basic operation, and changing your life is not a dream.

But if you blindly follow the trend and rush in without knowing anything, then no matter how big the increase of the big cake and the concubine is, it has nothing to do with you, and you can't catch the opportunity at all. Choosing the right track and following the right people is the only way to make money. It is not difficult to buy and choose coins, but it is difficult to buy good coins.

Regardless of whether the market is a bull market or a bear market, you must always keep 50% of your positions in BTC and ETH. After all, these two are the leaders of the cryptocurrency market and are stable. The remaining 50% of the positions can be used to gamble on those potential altcoins.
Especially when the bull market turns back, the prices of those altcoins have fallen to pieces. At this time, buy some consensus and promising ones. When the bull market comes, the benefits will be incredible!

【Market Analysis】

The market is currently in the critical stage of reconfirming the bottom support. The two points of 62800 and 60000 are very critical. However, no matter how the decline is confirmed, one thing is certain, that is, the more it falls, the more you buy. After buying spot, hold it for a long time until the end of the year. This is a good opportunity for long-term fixed warehouses.

The market has entered a period of weak adjustment. The entire community has been relatively calm in the past two days.

Don’t let people around you know that you are speculating in cryptocurrencies.

Don’t take people around you to speculate in cryptocurrencies.

Don’t let others know how much money you have made.

Don’t take the initiative to do good deeds, and show more unnecessary compassion.

Let go of the complex of helping others and respect the fate of others. Be yourself!

If you want to continue to trade in cryptocurrencies, try to do the following: 1. Don't fight against falling cryptocurrencies, because you are not its opponent at all. 2. If you stop loss incorrectly, the loss will not be big. If you don't stop loss, there will always be a big loss. 3. Go with the trend. Give rising cryptocurrencies space, and don't give falling cryptocurrencies time. 4. Good cryptocurrencies should be trusted, and you can't always doubt them. 5. Trading in cryptocurrencies is a probability. Try to find cryptocurrencies with a high probability of making money. 6. You can only make money at the right time, and you will only waste time at the wrong time.

The most common opportunities in a bull market are not epic opportunities to get rich quickly, but opportunities to get rich quickly in stages, which may be 10-30 times.

This means that if you want to get your first 1 million, you may need 100,000 yuan of capital to focus on 2-3 potential projects after investment research. Spending hundreds of yuan to rush a dozen local dogs can only be regarded as buying lottery tickets, and cannot be used as a long-term profit engine.

After completing this first 1 million, your understanding of the cryptocurrency circle has undergone a fundamental change, and the path to getting rich quickly has really opened up.

The market is warming up, and the big bull is about to return? ? ?
Last week, there was the conflict between Israel and Iran. This week, we experienced the release of GDP and PCE data. The negative news continued to fall.

Until last night, Ethereum stretched strongly, and the altcoins also moved. Don't worry, everyone. From the historical law, ETH and other altcoins all started to rise after the halving of the big cake, and the degree was far greater than BTC. Many big guys, led by Shenyu, said that "there is no altcoin season in this bull market." It is a good thing that the market is controversial. As long as it is a capital market, there will be a time when liquidity overflows; as long as people are still participating, they will chase sector targets, so I think there will definitely be altcoin season; as for why they deny that there will be altcoin season, it is probably because they think that funds will be concentrated on ETFs this round, especially when there is no water release, liquidity is limited. From the perspective of human nature, new liquidity will basically not choose BTC after entering the market, and altcoins are the main battlefield for harvesting. Retail investors always tend to hold options with higher risks and higher potential returns.

It is approaching Labor Day, and unfortunately the Federal Reserve is going to make trouble again. Worrying inflation data for three consecutive months shows that the Fed's pace towards the 2% target has stagnated. Can the cryptocurrency industry reverse the downward trend? ? It all depends on the release of the non-farm data report on May 3! Remember, if there is a big drop before the data is released, you must boldly buy the bottom. Currently maintain a 50% position

The ten iron laws of cryptocurrency investment:

1. If you lose money, it may be due to cognitive problems (insufficient cognition, cognitive bias), or problems in execution (motivation problems, action bias), or knowing how to do it but not doing it.

2. If you chase the rise and fall and play those air coins, don't dream of using them to change the world. That's just your own fantasy, and you look too shallow.

3. If you invest in Bitcoin, don't just look at the minute line, but look at the big cycle, and look at the big trend from 2 US dollars to 69,000 US dollars from 2011 to 2021.

4. Before your assets reach 10 million, you can speculate and pursue high returns; after 10 million, you have to turn to investment. Speculation is fast in and fast out, and investment is slow compounding.

5. Many people find that it is not easy to cross the gap from speculation to investment. Once they have tasted the excitement of fast in and out, they can't adapt to the rhythm of making money slowly, and the money will still be lost in the end.

6. The best investment in a bear market is to invest in yourself. With cognition, you can make money even if you don't have money; with money, you will still lose money without cognition.

7. Invest in the trend of the bull market and make profits roll in; in the bear market, invest in yourself and improve cognition.

8. If you lose money, it is still worth it if you can turn the lost money into cognition. With cognition, you can make it back even if you lose a lot of money.

9. Focus on the things that don't change, and you can see more clearly. The price of Bitcoin is changing, but its underlying logic has not changed, and it has not changed as a subversive way of storing value.

10. Sometimes you need to think in reverse. When the bull market is at its peak, almost no one calls for shorting, and when the bear market is at its bottom, almost no one calls for longing.

Many people have been speculating in coins for many years, but they don’t know the underlying logic of BTC’s success:

As a black hole that continuously absorbs legal currency
There are four factors for BTC’s success:
1. Decentralization (no centralized person or organization can do evil)
2. POW mining (electricity costs determine the cost of COIN)
3. Halving every four years, so the difficulty increases, the mining cost increases, and thus the price increases.
4. Use UTXO to record accounts to avoid double spending.
​
If there is no disruptive innovation on BTC, it is impossible to pose any challenge to BTC. Since ETH gave up POW, it has given up the track of world currency and turned to the direction of world computer. The ceiling is much lower. Even if ETH did not give up POW, it would not be successful as a world currency. It is better to give up early.

The two most important points of the nature of world currency: satisfying large-scale payments and satisfying long-term value-added value storage.
Many people say that the factor of BTC’s success is its consensus. It is estimated that speculating in coins has not yet started, and it still needs to learn.

Forward

1. High leverage of perpetual contracts is currently defined as online gambling.
2. The commission rebate agent, including the personal development of downlines, may be suspected of being an accomplice of the casino.

In the domestic body, if you hold or speculate in coins, no one will care if you keep a low profile. If you issue coins, issue NFTs, do large amounts of OTC, or work for project parties and exchanges, you may suffer.

The logic is that if virtual currency-related businesses are identified as illegal financial activities, then the relevant specific businesses are not allowed to exist with license qualifications.

The options market was quiet over the weekend, with only the puts of 62,000 and 63,000 expiring at the end of the year seeing large transactions. The premium paid for these two options was close to 15 BTC, about 950,000 USD, and there were about 90 positions. It looked like they were worried about the market outlook and bought for protection and hedging. There were almost no large transactions on the call side.

If you can't even figure out the K-line when speculating in cryptocurrencies, you might as well go to bed early.

I spent 2 hours today sorting out the key points related to the K-line. No matter how long you have been in the cryptocurrency circle, I still recommend that you spend a few minutes to coordinate and learn so that you can avoid detours!

Many leeks entered the circle with passion, but they didn't even know the basic knowledge of the cryptocurrency circle, and finally lost both their wives and their soldiers. If you want to stay in the cryptocurrency circle for a long time, then the K-line pattern needs to be mastered. It can reflect the current market signals and help everyone capture the right time to get on and off.

The market speaks, and the K-line chart is its way of expression. For example, the existence of the big positive line is telling everyone that the bullish force is dominant, indicating that the trend will rise in the later period. The market changes rapidly, and the volatility signal is concentrated in each K-line, which hides deep meanings. Do you still think it doesn't matter?

Learning the basic skills is the hard truth. Even if you have thousands of skills, you need to build on the basis of the K-line. Understand it, master it, and lay a solid foundation to be able to do it with ease.

I made the K-line pattern into a picture for everyone to save and study. The basic essentials for getting started are the basic support and confidence for the newbies to gain a foothold in this market. I hope this knowledge can help you!

The adjustment trend of the market needs time and will not come out in a short time.

At present, from the daily level, it has not completely stabilized.

No obvious model has appeared in terms of bottom volume or support.

But from the short-term 4-hour level, 62800 has received short-term support.

However, it is not yet able to completely reverse, and it can only be said to be a continuous weak shock adjustment.

BTC market trend analysis:
1. As previously assessed, Bitcoin will fluctuate in the range of 61,000-65,000. Grayscale's Bitcoin outflows from institutions are still continuing, while IBIT's inflows have been suspended. We will continue to observe the reasons next week. As we discussed before, Grayscale bought its chips at low prices, and spot ETFs provide liquidity for these chips, so these are low-cost profit-taking.

At present, the amount of Bitcoin held by Grayscale has been reduced to less than 300,000, which is only half of the previous amount. Now the market is in urgent need of new liquidity injection, such as favorable macroeconomic news, such as interest rate cut expectations, or Ethereum ETF expectations. Such good news will activate the market, so the risk warning I issued yesterday is like this. The US refinancing and interest rate meeting in early May are both opportunities and risks. In short, it is not an exaggeration to issue a direction in early May.

2. Ethereum's market has indeed failed to keep up with Bitcoin, and its own independent market has not been able to play out. It is mainly because of the lack of new narratives on the chain. After the Cancun upgrade, Ethereum seems to have disappeared from people's sight. On the other hand, the liquidity of the US market is mainly centered around Bitcoin, and Ethereum has been marginalized.

You can question Sun Ge’s character, but you cannot question his vision. Looking at the Ethereum spot ETF in May, this may be a hype opportunity. Now the big whales are still quietly accumulating Ethereum. From the trend of the exchange rate, it can be seen that even in the falling market, the exchange rate of Ethereum is steadily approaching 0.05. At this position, both buying and selling are quite active, and real players will choose to quietly lay out when no one is interested.

The volatility will start again soon

The bulr I bought yesterday has increased by 10% today

Members make money, so if you can't beat them, joining is also a good choice!

A simple but very practical strategy for trading cryptocurrencies:

1. Divide the funds on hand into five equal parts. For example, if you have 10,000, divide it into five parts, and use 2,000 yuan for each transaction.

2. Use one part of the funds to buy a currency at the current price.

3. If the price of the currency drops by 10%, buy another part.

4. When the price of the currency rises by 10%, sell one part.

5. Repeat the above steps until all the funds are used up or all the coins are sold.

Under this strategy, once you buy, you don’t have to worry even if the price of the currency drops, because we will continue to buy when the price of the currency drops. In fact, if all five parts of the funds are used up, the price of the currency has at least fallen by nearly 50%. Unless there is a waterfall in the market, the price of the currency will not fall so fast.

From the perspective of income, each sale of funds can bring a 10% profit. Taking a total fund of 100,000 as an example, if 20,000 is used each time, then each sale will earn 2,000 yuan.

However, this strategy also has certain problems. A 10% fluctuation is relatively large, which may make it difficult to complete transactions, and thus require a longer wait. This will affect the efficiency of fund use, because funds may be idle for a long time or occupied by individual coins.

However, this problem can be solved by reducing the fluctuation range. For example, you can choose to buy a currency with high stability and choose Binance financial products for investment when the funds are idle. This way, you can get extra income while waiting for the currency price to change.

What do you think of the new coins on Binance?

Binance's new coin is at the top when it is launched. It can continue to fall after falling 80% in a month, falling 10% a day, falling every day

Is this a bull market? This is worse than a bear market. In 2022, 2018, all the cottages have never returned to zero so quickly

The speed at which Binance's new coins return to zero in this bull market is more than ten times that of the bear market

The highest realm of cryptocurrency trading;

1. No loans for cryptocurrency trading

2. No overdrafts, use spare money for cryptocurrency trading

3. Never short-term

4. Would rather wait with empty positions if no opportunity comes

5. Do not over-rely on technical indicators

6. Do not trade in junk, unpopular, or knockoff currencies

7. No matter how good a currency is, it will not enter the market unless it is cut in half

8. Choose empty positions after the bull market ends

9. Select a target, and once you enter the market, you will be heavily invested

10. 100,000 funds can only be used for two currencies

11. After entering the market, no longer care about the daily trend of the market, any technical indicators, and nothing will happen!

12. Ambush at a low position, and then wait, the profit target is at least doubled.

13. Strictly stop loss and take profit, and never drag your feet.

This is the real master of cryptocurrency trading, unlike some leeks, who wish they had to toss and turn every day. Losing a little makes you unable to sleep, and making a little money makes you very greedy.