Livermore once said that once a trend forms, it won’t change easily. With such a large bullish candle on the daily chart for BTC, and with the weekly chart pulling in a way that’s day-after-day like this, my judgment is that a bull market has begun. I’m going to set up my trades according to my own forecast.
Bitcoin has been very strong today—it's already moved into the 730–760 range according to my prediction. I’ve been adding longs along the way, earning about one month’s living expenses of 600 RMB each time, and I’m still pretty happy. When I go flat, I lose money. But as soon as it pumps, I can play it and get it back. Right now, BTC’s volatility is clearly higher than around the 60,000 level, so you can make money faster—and you can also lose money faster.
I recommend that beginners and non-professional traders not trade futures. Don’t see other people making money and then go in with big capital on contracts. As the old saying goes: as long as you dare to do it, but you don’t get off the table, there’s only one ending—you’ll lose everything. You can choose not to believe it. When you finally lose it all, you can come comment under my post or join a live stream and connect for a chat. Let’s review and summarize together—at least after losing everything, you’ll have paid tuition to the market and grown.
$BTC
@CZ @Yi He @Richard Teng
Bitcoin has been very strong today—it's already moved into the 730–760 range according to my prediction. I’ve been adding longs along the way, earning about one month’s living expenses of 600 RMB each time, and I’m still pretty happy. When I go flat, I lose money. But as soon as it pumps, I can play it and get it back. Right now, BTC’s volatility is clearly higher than around the 60,000 level, so you can make money faster—and you can also lose money faster.
I recommend that beginners and non-professional traders not trade futures. Don’t see other people making money and then go in with big capital on contracts. As the old saying goes: as long as you dare to do it, but you don’t get off the table, there’s only one ending—you’ll lose everything. You can choose not to believe it. When you finally lose it all, you can come comment under my post or join a live stream and connect for a chat. Let’s review and summarize together—at least after losing everything, you’ll have paid tuition to the market and grown.
$BTC
@CZ @Yi He @Richard Teng