The big pancake came as expected to around 770–777 last night. I was eating barbecue at the time, so I closed my long positions directly. I told everyone that another high point would likely come, giving us an opportunity to short. The opportunity came out in the early morning—at 778 I opened one short. Just now, around 770, I already exited.
Overall, the prediction was on point, so I took the meat.
Recently, many students and crypto friends I’ve interacted with have already done derivatives. First of all, BTB Research and Investment only teaches spot trading. If you want to trade derivatives, you do it yourself—I won’t give any advice. If my derivatives trades can be that accurate, then teaching spot to you is something I can grasp with my hand.
My understanding tells me: the difficulty of spot is 1. In the first stage of derivatives, the difficulty of going with the trend and reversing with smaller moves is 10. In the second stage, shortening stop-losses and amplifying the risk-reward ratio is 50. In the third stage, the 18-step trading method— even taking positions against the trend—has a difficulty of 100. That’s why I told everyone: don’t touch derivatives. For newcomers, for complete beginners, and even if you’re an old bagholder, or a veteran who’s gone through a few bull-bear cycles in crypto—this is the truth.
Beginners die by chasing highs. Experts die by catching bottoms. Big shots die because of derivatives. I’m not a big shot—I’m just a small, ordinary citizen who’s made it through by taking small bites.
A lot of people jump into derivatives like they’re trying to win big and win everything at once. In the end, they lose it all. A single one-way move can ruin you beyond recovery, shattering the inflated “genius talent” in you. There is no such thing as a trading genius. What there is, is hard-earned study and practice—always maintain a mindset of respect and awe toward the market, and always be grateful to heaven and the market for letting us make money.
So BTB Research and Investment has a course called 《Values and Trading》. If your character isn’t good enough, if you want to sneak and cheat, if you always want shortcuts and don’t walk step by step with solid effort, in the end you won’t be able to reach the far shore of trading success.
Loving being a coach isn’t about being rich. Every month, first you have to meet the goal of earning 600 RMB for living expenses, and it’s really tough. Staying up late and guarding through the night—many of my students even have larger capital volumes than I do. But I have the ability to make money—my persistence in continuous profitability, helping everyone’s original intention, guiding you in the crypto market, and the determination to keep strong character, hold the bottom line, and not waver on principles. If I make friends with time, I can reach the shore of trading success.
After dinner, I’ll write the market analysis again. Sun Peng is in Chongqing again today. He had supper at night—when he comes, the market usually drops, which is suitable for opening shorts. Let’s see if this pattern still holds this time.
@CZ @Yi He @Richard Teng
Overall, the prediction was on point, so I took the meat.
Recently, many students and crypto friends I’ve interacted with have already done derivatives. First of all, BTB Research and Investment only teaches spot trading. If you want to trade derivatives, you do it yourself—I won’t give any advice. If my derivatives trades can be that accurate, then teaching spot to you is something I can grasp with my hand.
My understanding tells me: the difficulty of spot is 1. In the first stage of derivatives, the difficulty of going with the trend and reversing with smaller moves is 10. In the second stage, shortening stop-losses and amplifying the risk-reward ratio is 50. In the third stage, the 18-step trading method— even taking positions against the trend—has a difficulty of 100. That’s why I told everyone: don’t touch derivatives. For newcomers, for complete beginners, and even if you’re an old bagholder, or a veteran who’s gone through a few bull-bear cycles in crypto—this is the truth.
Beginners die by chasing highs. Experts die by catching bottoms. Big shots die because of derivatives. I’m not a big shot—I’m just a small, ordinary citizen who’s made it through by taking small bites.
A lot of people jump into derivatives like they’re trying to win big and win everything at once. In the end, they lose it all. A single one-way move can ruin you beyond recovery, shattering the inflated “genius talent” in you. There is no such thing as a trading genius. What there is, is hard-earned study and practice—always maintain a mindset of respect and awe toward the market, and always be grateful to heaven and the market for letting us make money.
So BTB Research and Investment has a course called 《Values and Trading》. If your character isn’t good enough, if you want to sneak and cheat, if you always want shortcuts and don’t walk step by step with solid effort, in the end you won’t be able to reach the far shore of trading success.
Loving being a coach isn’t about being rich. Every month, first you have to meet the goal of earning 600 RMB for living expenses, and it’s really tough. Staying up late and guarding through the night—many of my students even have larger capital volumes than I do. But I have the ability to make money—my persistence in continuous profitability, helping everyone’s original intention, guiding you in the crypto market, and the determination to keep strong character, hold the bottom line, and not waver on principles. If I make friends with time, I can reach the shore of trading success.
After dinner, I’ll write the market analysis again. Sun Peng is in Chongqing again today. He had supper at night—when he comes, the market usually drops, which is suitable for opening shorts. Let’s see if this pattern still holds this time.
@CZ @Yi He @Richard Teng
