Yesterday, it pulled back by just 2%, and the bulls remain resilient.
Personally, I hope the market continues to move sideways for a while, saving the chance for a fifth doubling until the end of this month before making another genuine breakout.
In trading, the biggest fear isn’t a stop-loss—it’s being so afraid of risk that you ultimately miss a major move that was yours to catch.
Don’t give up the potential 500% gain ahead just because you’re afraid of a 5% stop-loss.
Losses can be recovered through discipline and compounding. But once you miss a major trend, finding the same opportunity again may not be so easy.
Sometimes, the regret of sitting out is far more painful than taking a loss.
Of course, being bullish on a trend doesn’t mean ignoring risk. Position sizing, stop-losses, and contingency plans are all essential.
The market can move sideways, and conviction can remain strong, but trading must stay rational.
These are my personal views on the market and do not constitute investment advice.
The truly final stage of trading is not a technical one, but a human-nature one.
When the heart does not die, the Way will not be born.
What is meant by “the heart dying” is not despair, nor losing confidence, but letting go of obsession—letting go of subjective guesses about price action—and truly beginning to embrace what is objective.
What is meant by “the Way being born” is not learning some peerless secret manual, but, after going through enough market trials and washings, finally transforming into someone who does not guess, does not gamble, and does not contend— only follows the rules.
👉 The Five Dead Hearts Greed, fear, luck-seeking, revenge, and obsession.
👉 The Five Living Ways The Way of following the trend, the Way of waiting, the Way of selection and trade-offs, the Way of conservation, and the Way of knowing oneself.
The highest level of trading is not predicting every rise and fall, but accepting the market’s uncertainty.
No self in the mind; the chart in the eyes. Rules in your hands; a sense of proportion in your heart.
When you no longer try to prove you are right, but instead care only whether you can execute correctly— maybe that moment is when you truly begin to understand what “trading” really is.
The truly final stage of trading is not a technical one, but a human-nature one.
When the heart does not die, the Way will not be born.
What is meant by “the heart dying” is not despair, nor losing confidence, but letting go of obsession—letting go of subjective guesses about price action—and truly beginning to embrace what is objective.
What is meant by “the Way being born” is not learning some peerless secret manual, but, after going through enough market trials and washings, finally transforming into someone who does not guess, does not gamble, and does not contend— only follows the rules.
👉 The Five Dead Hearts Greed, fear, luck-seeking, revenge, and obsession.
👉 The Five Living Ways The Way of following the trend, the Way of waiting, the Way of selection and trade-offs, the Way of conservation, and the Way of knowing oneself.
The highest level of trading is not predicting every rise and fall, but accepting the market’s uncertainty.
No self in the mind; the chart in the eyes. Rules in your hands; a sense of proportion in your heart.
When you no longer try to prove you are right, but instead care only whether you can execute correctly— maybe that moment is when you truly begin to understand what “trading” really is.
🧧🎁🌹🧧🎁🌹 1. TOKEN2049 Week and its flagship summits are in full swing in Singapore The Agentic Finance Summit takes place today: a closed-door summit in Singapore for institutional investors, with attendance limited to 400 invited guests. It focuses on the convergence of AI agents, finance, and Web3 infrastructure, exploring autonomous fund management by AI agents, machine payments, and compliance automation. Traditional finance giants and leading Web3 projects—including Visa, Coinbase, Aave Labs, Chainlink, and Pantera Capital—are gathering to discuss how to build the next generation of on-chain financial infrastructure. The AI & Emerging Onchain Assets Summit is also taking place in Singapore today. Centered on “Value, Real-World Assets (RWA), and Liquidity,” it brings together developers, investors, and ecosystem builders to explore innovative applications for on-chain assets. 2. Domestic developments: Agent payment coordination network launches The world’s largest agent payment coordination network launched in Shanghai: On October 8, a blockchain and AI payment coordination network, jointly promoted by the China Electronics Standardization Institute and several industry-academia-research institutions in Shanghai, officially launched. It aims to standardize the language used by bank cards and e-wallets and advance machine payment standards for the AI era. 3. Key macro and industry themes to watch in October Macroeconomic policy and regulatory outlook: As mid-to-late October approaches, markets are closely watching U.S. macroeconomic data, including September nonfarm payrolls and CPI, as well as the Federal Reserve’s interest rate decision and Beige Book. Regulatory developments are also a hot topic across the industry, including the UK FCA’s crypto regulatory framework and South Korea’s rules for civil seizure of crypto assets. Key tokens and ecosystems: Major tokens such as SUI, EIGEN, and ENA are also approaching key unlock events this month, with market volatility drawing close attention. Follow me and reply “1” to claim a $SOL red packet! 🧧🎁🌹🧧🎁🌹
After battling it out for 5 hours today, I finally evened out my record at 10 wins and 10 losses. I ended the stream on a 6-win streak. (I played pretty average today, but I’ll keep working hard tomorrow. See you at 8 a.m., guys!)
There is only one main quest in life: Find yourself and become who you are meant to be.
Don't cater to others or live up to their expectations. Find what you truly love, follow your own path, and little by little become the person you want to be.
In this life, you're not here to become someone else, but to become the best version of yourself.
It’s not always the right time to increase leverage.
The conditions that typically make it worthwhile to take on more risk are:
① A major opportunity emerges ② Market volatility is low enough ③ The market structure is clear enough ④ Confirmation from the right side has already arrived
In a market like this, which is resting and consolidating after a rally, the most important thing isn’t to keep increasing leverage. Instead:
Manage your leverage and position size, and patiently wait for the next opportunity.
Go on the offensive when an opportunity comes; stay defensive when it doesn’t.
Trading isn’t about who takes the most risks, but who has enough ammunition when an opportunity arises.
Manage risk to stay in the game longer; stay in the game long enough, and you can catch the truly big moves.
🤖 Binance Intelligence: An “AI Nanny” for Retail Traders
Folks, Binance Intelligence is basically Binance giving everyday retail traders an “AI nanny” 😂
Lots of people have been trading crypto for years and still place orders based on gut feeling: Buy when it goes up, sell when it goes down. Ask them what their strategy is— “Buy low, sell high.” So when is it low? When is it high? No idea 😂
Now AI can bring together loads of market information, data, and analysis, then tailor the content to your experience level: beginners get the simplified version, while seasoned traders get the more technical one.
Even more interestingly, He Yi mentioned that in the future, AI Pro might be able to tell whether you’re a Holder or a Trader, whether you prefer dollar-cost averaging or grid trading, and then match you with structured strategies based on your habits.
In a nutshell: You used to research strategies yourself; in the future, AI might help you organize them.
But I think it’s important to remember:
AI is a tool, not gospel.
Its greatest value may not be making you smarter, but helping you filter information and cut through the noise so you make fewer dumb mistakes.
As for whether it’ll eventually be able to “create a strategy from one sentence and execute it right away,” we’ll have to wait and see.
After all, no matter how good the tool is, if you can’t keep your hands off the buttons, that’s still on you 😂
What do you think of this AI tool? Would you be willing to use it as a trading assistant?
@CZ Even people worth tens of billions still live frugally and stay level-headed. So, everyone, always respect money and exercise restraint. Making a lot of money doesn’t mean you can spend it recklessly. True financial freedom is staying clear-headed after becoming wealthy—having the means to spend, yet knowing when to hold back. Respect wealth, cherish the present, and spend wisely.
What really widens the gap in wealth isn’t diligence, but choices and patience
Buffett has repeatedly emphasized a simple truth: Real wealth accumulation doesn’t require doing countless things correctly. The key is getting a few things right—and sticking with them for the long term. For many people, the problem has never been that they aren’t hardworking enough; it’s that they love to stay busy recklessly and often. Chasing the trend today, switching tracks tomorrow; When prices rise, they fear missing out; when they fall, they rush to cut losses. Making investing into gambling, and turning trading into an outlet for emotions. And what Buffett and Munger are truly great at is precisely their ability to wait. They can go years without making a move—quietly read, think, and wait for the real opportunity worth betting on.
Many people are focusing on that major pullback in early 2023, trying to fit today’s market action to historical price movements.
But here’s what I want to say:
History may rhyme, but it doesn’t simply repeat itself.
I’m more inclined to think that we’re still in Phase D. But before the target level is reached, the market may not necessarily repeat the deep pullback we saw back then.
So, we can learn from history, but we shouldn’t be constrained by it.
Past price movements can help us understand the market’s rhythm, but they can’t serve as a script for predicting the future.
Price movements may look similar, but the timing may differ; patterns may repeat, but the path will never be exactly the same.
What really matters in trading isn’t finding a carbon copy of history, but continually adjusting our judgment based on current prices, market structure, and capital flows.
Trading core principles 1. Hold the line—survive first, then make money. The first rule of trading isn’t quick profits—it’s long-term survival. Never add to losing trades. Cut losses immediately after a mistake. Eliminate high-leverage gambling. Don’t let losses drive emotions. Don’t retaliate with an oversized position. Don’t borrow to try to get even. Staying alive is the market’s biggest trump card. 2. Take profits and keep taking—lock them in for safety. Paper gains are all just imaginary. The profits you lock in are the real, hard money. If your position is in profit, take profit in batches. Never let winning gains turn into losses. Ditch the fantasy of getting rich overnight. Small gains accumulated steadily with compounding is the only path to growing capital.
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