In this chapter, I want to share my thoughts on multiple things in a somewhat chaotic manner.

First, let's talk about the market.

As for the current market, I personally anticipate a pullback first; at least 34,000 is still breakable, around 33,000. However, this month, I firmly believe that we can reach 37,000 or 38,000, and I do not rule out the possibility of going above 40,000! When it comes to contracts, my personal principle is that no matter how the market fluctuates in between, I won't chase those small fluctuations to avoid getting used to it, which would disrupt the trading sense I have developed over several days of rest. I am waiting for a certain major market trend, one that can earn me around 100,000 to 200,000 dollars before I take action! However, the brothers who have seen the actual trading recently should be clear; they indeed made some small mistakes, trading back and forth a few times on short lines, basically breaking even. With patience, I believe the opportunity to place orders should come soon.

The above is just my personal thought, but the market changes constantly, and thoughts and strategies are also continuously adjusted. So if one day you see me making the opposite move in real trading, don't be surprised.

For spot trading, hold firmly. Buy more if you can, buy early if you can. Don't be clever and wait for a certain price, don't be clever and try to time the market. The countless failures of foolish predecessors remind us that all clever actions will only bring you losses and will not increase your assets.

Second, let's discuss my original intention for doing the plaza and my personal principles.

My original intention for doing the plaza was to gain traffic and meet people with similar financial strength, understanding, and frequency, to share resources and seek warmth together. Why meet friends with similar financial backgrounds? Because only with similar financial statuses can our understandings be alike, and our views on things will be closest. Moreover, with more friends from all over the country and the world, my channels for obtaining information will be broader, and there will be more opportunities.

For example, I entered the crypto space because a friend involved in blockchain mentioned it to me. He said their whole company was trading cryptocurrencies and making quite a bit. It was after hearing him that I started exploring, getting involved and understanding, which led me to enter the crypto space in 2017! Previously, in the micro-business sphere, it was also a friend who told me that he was making a lot of money in it. It was around 2016 that I entered the micro-business circle. So, in the information age, information can indeed be very lucrative. The broader your channels for obtaining information, the more opportunities you will have in the future!

This reminds me of my former partner Xiao Ru, who sold point cards. I remember her telling me that her first pot of gold was from buying milk powder coupons, using them to buy milk powder at a low price from the official source, and then selling them at a markup to Tmall stores, earning four to five hundred thousand. Her second pot of gold was from buying Xiaomi phones through software; after getting them, she transported truckloads to Shenzhen to sell, making 6 million. Another friend of hers said she was into foreign trade, and also dealt with postal currency. If you don't know them, who would have thought this could make money? And make big money? In the information age, information is money! So, make more friends, brag a little, chat, and share resources; there's nothing wrong with that!

Those who might know me know that I started as a KOL, but I do not deny that I have accumulated inventory and made quite a bit through trading. There have always been many who doubt my ability in this area; I don't know what mindset drives them, which reminds me of Xiao Xia. I probably met him in 2018, when he bought a lot of point cards from me, and I made hundreds of thousands. Many people say his money is from the company, a script... No matter what others say, the haters remain immersed in their own world, always unable to believe that an individual can earn so much money. I feel the same way.

So, my personal principle is not to try to persuade others, not to be a teacher, and not to argue with those who have different understandings! It is a waste of time and meaningless. You can never wake up someone who pretends to be asleep, even if you present the facts!

Third, let's talk about Bitcoin halving and some recent thoughts.

I don't know if it's because very few brothers are following, or if they've forgotten. There are less than six months until Bitcoin halves; I personally speculate that there will be high volatility before the halving, and there won't be a significant washout or correction. Brothers dreaming of 20,000 or even 10,000 are destined to wait for the next cycle. That said, as long as you have this idea, when it reaches 20,000, you'll want 10,000. When it reaches 10,000, you'll be worried about it going to zero, making you even less willing to buy. Even if by chance you buy at a low price, you won't be able to hold it and won't make money. Because smart people often perish from overthinking. In this market, only fools and single-minded people can make money. And those who are overly clever are always fuel in one bull-bear cycle after another.

I'll stop bragging for now, hoping to share that I made $150,000 in a single trade next time. Patience is key; wait for the opportunity to open a position. 😄

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