Weekend market; nothing to say. Liquidity is very low;

But pay attention to 5 or 6 am on Monday morning Beijing time. At this time, the spot contracts are all accumulating strength; it is difficult to see a sharp rise; because the selling pressure and derivative shorts are relatively strong. On Saturday, more than 5,000 pieces were sold at the 89K position. The selling pressure reached more than 1 billion yuan. Looking at the whole week; it seems that the price has not fallen, there are too few participants


Are there still opportunities in the education sector?

It is now the last quarter of 2023. In the first half of the year, Binance announced that the most important sector to be optimistic about in 2023 is the education sector. However, up to now, apart from taking advantage of the good market conditions to pull a wave of new B-coin edu (and EDU will also suspect that it is the best friend gate and the current retracement is huge), there has been no other action?

I agree with and understand CZ's strategy. The education sector is mainly to convert web2 audiences to web3, which plays a role in attracting traffic, and exchanges are the group that benefits the most from the new traffic. But is this the most important strategy of your world's number one exchange? In addition, the education sector has the motivation of the exchange, but will retail investors accept it? Where is the explosive point of this sector in the future? Is it only justice to pull the market? I don't quite understand.

Opinions on the MEME sector:

I read an organization's statistics on the most popular currencies in various regions around the world, and found that ETH's popularity is not as high as babydoge and SHIB. I really have to sigh at the magic of retail investors. I have never understood MEME. I don't know how to dig out the one that can come out of the massive pool, and I don't have a specific measurement standard. I saw someone say that successful MEMEs have good economic models, audiences like it, and other factors. This should be a summary of hindsight. If this standard can really be found, a MEME can easily increase by tens of thousands of times a year, which would have made these people the richest people in the region long ago.


The combination of spot + contract is the winning magic weapon!

Many people have their own way of playing with coins. The ways of losing money are basically similar, but the ways of making money are different. Personally, I still think that the combination of spot and contract is the most profitable.

In a bear market, the market is back and forth, and the profit cycle of spot is very short, which determines that most people cannot make short-term profits. However, if you can add leverage appropriately to make waves, especially in the callback cycle, you can make money by shorting the currency standard, at least you can make up for the losses caused by the price drop, and when the currency price rebounds, the profit will be greater. If you go long on the currency standard, the number of coins will increase, and the price will also increase, which is double GDP.

For example, in the first half of the year, around 2030, I used USDT to buy more than 10 ETH to cover my position. Although ETH has fallen by more than 500 yuan now, I have earned more than 100 ETH by shorting ETH in the currency standard during this period, so it doesn’t matter how high the purchase price was at that time.

Of course, we are not encouraging contracts here. At the right time, appropriate low leverage is necessary. Without leverage, playing with coins will be less interesting. For example, in 2020, the market alternated between bear and bull, and the market rose for 9 consecutive months throughout the year. The monthly line rose for 9 consecutive months. Wouldn’t it be a waste of such an excellent market if we didn’t place a long order?

The dumbest and most conservative method is, for example, when BTC hit a weekly bottom in November last year, to open a two or three times coin base near 16,000, force liquidation within a few thousand, and leave it there without paying attention, waiting until it rebounds to 30,000-50,000 and then taking profits in batches, which is all ok.

For those who do not have a lot of starting capital, you must allocate 100% to altcoins at the beginning. Generally, when altcoins rise 3-4 times, you need to immediately switch to ETH or BTC, and then use ETH or BTC to buy altcoins in a deep adjustment, and so on. On average, for every 10,000 points increase in BTC, the increase in the price of currencies below 2U is generally around 300%, and for every 10,000 points increase in BTC, there will be at least one daily level correction. The decline of altcoins is greater than that of BTC. Therefore, it is beneficial to preserve and appreciate the value of assets to timely adjust the position to BTC or ETH every time the altcoin rises 3-4 times.

In a person's life, 1 million is the biggest threshold for most ordinary people. Once you have 1 million, it is relatively easy to sprint to tens of millions or hundreds of millions. For small investors in the cryptocurrency circle, how to quickly own 1 BTC or 10 ETH or more is crucial. Because this can be regarded as the most basic springboard,

With the help of certain leverage and excellent opportunities, it will continue to grow like a snowball.

I basically only trade in BTC and ETH, and I use the BTC and ETH I earn every week to buy altcoins at irregular intervals for financial management. Whenever the market goes up and BTC rebounds by around 4,000 points, I will clear out my altcoins and exchange them all for BTC and ETH, which will then serve as the margin for BTC and ETH. On average, I accumulate 1 million altcoins every 2 months, and by doing this cycle, I have accumulated quite a bit in a year.

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