Bitcoin is actually prepared to harvest China. Bitcoin is used to launder money and transfer funds. For example, if you exchange assets for Bitcoin in China, and then sell them abroad for US dollars, you will successfully evade the supervision of banks and complete the flight and transfer of funds.

The existence of this virtual currency really poses a huge threat to the financial order of our country. Those lawless elements, taking advantage of the anonymity and untraceability of Bitcoin, wantonly carry out illegal operations and leave the interests of the country and the people behind.

Moreover, the price of Bitcoin fluctuates greatly and has no actual value support. Many people blindly follow the trend of investment and end up losing all their money. This not only causes huge economic losses to individuals, but also has a negative impact on social stability.

Our country has been strengthening financial supervision and cracking down on various illegal financial activities. For Bitcoin, which obviously has risks and hidden dangers, we must remain highly vigilant. We cannot let it become a tool for some people to seek personal gain and damage national interests.

At the same time, ordinary people should also keep their eyes open and not be tempted by the so-called high returns. Investment should still go through formal channels and choose projects that are guaranteed, legal and compliant.

Everyone should understand that maintaining the country's financial security is everyone's responsibility. We cannot let these bad financial means succeed, and we must work together to protect our economic environment.

Resolutely resist illegal financial tools such as Bitcoin!

Characteristics of the Bull Market Altcoin Season:

Phase 1

The coins that are rising are those you do not hold, and even those you have never bought before.

Phase 2

The coins that are rising are those you once held, but you could not hold on.

Phase 3

When you finally can’t help it and decide to switch holdings to chase other coins, the original strong coins start to pull back after you chase them high, trapping you. And worse, the coins you switched to start to rise significantly after you sell them.
This scenario of "chasing highs and selling lows" often occurs during the bull market altcoin season, reminding everyone to maintain patience and calmness, and to avoid being swayed by market emotions.
#btc

As of today, no actions have been taken
Sometimes it’s like this, being overly sensitive can cause you to miss significant market movements, being overly rigid can lead to a roller coaster ride; the key is to see which risk you are willing to bear, finding that balance in the middle is the hardest

Looking at the trend, it’s still very stable, large investors are still buying, why worry about your small holdings? This kind of trend should be approached with caution to avoid being shaken out; Brother Qiu will continue to hold patiently, currently Brother Qiu is still holding 90% of his position, being a mindless long in the cryptocurrency market is the way to achieve significant results. #BTC

Long term = 3 hours
Diamond hand = 10 minutes
Hold on = immediately
Take off = up 1%
Pullback = down 99%
Busy = trapped
Bottom confirmed = will fall further
Untrapped = trapped in another position
Sideways = no one takes over
Locking in profits = cutting losses
Holding coins and watching = fully trapped
Stabilizing = already lost a lot
Timing of entry = time to take over
Take your time = already lost a lot
Potential = trapped
Take a break = lost all
Tomorrow will be better = tomorrow will continue to fall

#btc

The iron law of the cryptocurrency world, keep it in mind, and wealth will naturally come!

First, for those cryptocurrencies with complex situations that are unclear, do not easily get involved. Trading cryptocurrencies is like picking persimmons; the soft ones are easier to squeeze. Only by choosing clear cryptocurrencies can you advance steadily.

Second, do not invest all your funds into the same cryptocurrency at once, even if you are very confident in it. The market changes rapidly, and the future is hard to predict. Buying in batches can reduce risk and ensure steady profits.

Third, for cryptocurrencies that are not in an upward trajectory, it is advisable to pay less attention. Do not accompany the main players to build positions; retail investors have limited time and energy and should focus on valuable investments.

Fourth, do not fantasize about making big money through frequent short-term trading. Frequent entry and exit will only lead to heavy losses, while exchanges will happily accept the profits. Also, do not purchase too many cryptocurrencies; it is best to keep it within 10, otherwise you will struggle to manage. Remember, too much greed leads to failure; focus is the key to success.

Fifth, low prices and significant declines are not reasons to buy. Cryptocurrency prices may continue to fall, so it's crucial to stay calm and not be deceived by low prices.

Sixth, high prices and significant increases are also not reasons to refuse to buy or sell. The market is always full of variables, and cryptocurrency prices may continue to rise.

How to do well in short-term trading

1: Select about 3 cryptocurrencies to hold, which must be from recently popular sectors and themes, and there must be at least one significant rise in the last 10 days.

2: The position size for a single cryptocurrency should not exceed 50%. There are two ways to increase the position: if very certain, build the position at once; if somewhat certain, build the position in two batches. Do not fear missing out or pullbacks. Be aggressive when entering and protective when exiting, managing your position with a mindset rather than emotions.

3: Take profit is generally done through trailing stop-loss. Reduce 20% of the position at 10 points, reduce 30% at 15 points, and then reduce 20% for every subsequent 5 points, and so on. Do not be greedy or timid; do not seek to make the most, but rather aim to preserve more profits.

4: If trading high-volatility coins, it is essential to focus on intraday lines and volume. After a massive price increase, if there is high trading volume and turnover rate, ensure proper stop-loss, enter directly, control risks, and seize maximum opportunities. #BTC

Accompanying everyone through this bull market, I also have an idea, which is to leave Twitter, leave the cryptocurrency circle. One reason is that I am getting older, and the second reason is that in the next few years, the crypto space is too damaging to both body and mind. As the market expands further, the core issues have not been resolved at all. I do not believe that this distortion can continue permanently. The crypto space may eventually return to the normal trajectory of the economic barometer, but the larger the scale, the greater the cost. From the last bear market, it can be seen that Brother Qiu's technical analysis ability is no longer suitable for surviving in such a distorted bear market. Therefore, after completing this wave of bull market, I will also leave the crypto space, leave the market, and leave all methods related to the crypto space. #BTC

Ordinary leeks, if you are not a professional short-term trader, don't always watch the market. If you don't watch the market, you won't be scared by the shock! Everything the main force does is for the people who watch the market, so it is not necessarily a good thing to watch the market for a long time, unless you have a keen eye to see through the main force. Otherwise, all kinds of traps, all kinds of deceptions, and all kinds of intimidation will be used by the main force. ​#BTC

Is there a reason why China does not recognize Bitcoin?
Firstly, Bitcoin is a virtual currency, and the value of virtual currencies can vary greatly, which is very different from the value of physical assets.
Secondly, Bitcoin is the result of Western capital speculation; when speculation is profitable, it thrives, but when it becomes worthless, it will be ruthlessly discarded.
Furthermore, Bitcoin contradicts the values advocated by China; China's currency is linked to gold and a basket of world currencies, while Bitcoin does not have this functionality.
Ultimately, Bitcoin will become a crop that is harvested, and ordinary people should avoid it; those who want to get rich overnight and change their family fortunes are rushing towards failure. #BTC

In fact, for me, there are three main issues to consider when buying and selling.

First: Position. This is the most critical.

Second: Value/Price.

Third: Technology.

Other things will also be considered, but they will be integrated into these points. For example, monetary policy, geopolitical risks, etc. will be integrated into position management. ​#BTC

Don't just see the thief eating meat, but also see the thief being beaten.
Many people who avoided this wave of decline also avoided the previous surge, but in fact they have never made money.

The bull market is consolidation, consolidation, and consolidation. Everyone is used to buying high and selling low, and they are complacent.
Suddenly there was a wave of pull-ups, and they missed the opportunity.

Let me tell you a true story. A friend of mine in real life bought a bull market variety before. At the beginning of the year, it fell from more than 70,000 to more than 40,000. He kept showing off his grid trading, saying that he made some change by buying high and buying low.
As a result, it suddenly exploded and rose to more than 90,000 recently, and he couldn't make this money at all.

Choose any style, and make money in this style.

Choose to sell high and buy low, and make money from selling high and buying low. The bull market has nothing to do with you.

If you choose to make money from the trend, set a stop loss, don't operate frequently, and wait patiently for your share of the big meat. #btc

The obsession with rising and falling is the heart demon that causes you to lose money.
1: The obsession with rising when fully invested
When fully invested, you cannot stand to see a decline, and the fear of falling will make you sell at the lowest point.
2: The obsession with falling when not invested
When not invested, you cannot stand to see a rise, and the greed for rising will make you buy at the highest point.
So don't be too obsessed with rising and falling.
If you can adjust to being calm when seeing a rebound while not invested, and calm when seeing a decline while fully invested,
that would be sufficient, patiently waiting for the meat to fall into your bowl.
To be honest, I still can't achieve this kind of calm in my practice; at this stage, I rely on self-discipline to force myself, because I already know what the right thing to do is, so I force myself to act. Daoism teaches to go with the flow, but my kind of forcing cannot last long, so I still need to continue adjusting. Trading is a lonely practice.

Back to the early market, Bitcoin remains strong, ETH is relatively weak with a heavy body; buy the mainstream on dips, reserving 20% of the position to chase hotspots, buy gold dogs. My aggressive entry standard is to see a stable range on the 30-minute chart to trade back and forth. Once the altcoin season for ETH arrives, I must hold onto the valuable coins in my portfolio until the end. #BTC

To become a qualified leek, you must keep in mind the following points
Heavy positions will lead to death
Adding floating profits will lead to death
1. Blindly following the trend will lead to death
2. Not knowing how to stop loss will lead to death
3. Frequent trading will lead to death
4. Borrowing money to speculate in coins will lead to death
5. Emotional operations will lead to death
6. Ignoring fundamentals will lead to death
7. Pursuing short-term interests will lead to death
8. Not setting up an investment plan will lead to death
9. Not continuing to learn will lead to death
10. Not respecting the market will lead to death
Summary: To become a qualified leek, you must stick to principles and invest rationally to move forward steadily in the wave of the coin circle.
#BTC

Strangle the main force by the throat
When investing, don't let the main force pull up. Every time it pulls up, you must return some of the chips to him at a higher price, so that he will pay the price for his suppression.
Never forget:
The suppression and the pull-up are done by the same group of people!
What you need to do in investment is to use the main force's spear to attack his own shield. Let him pay for his misleading.
Of course, we have to study hard and develop the ability to catch the flaws of the dealer; we must also be fully prepared and allow everything to happen. #BTC

There are three things to understand when investing:

First, 95% of people who invest in the cryptocurrency circle cannot get an annual return of 100 points. But most people think they can easily exceed 200%;

Second, the coin you invest in has a chance to double once a year. If you are lucky, it will double in the first month. If you are unlucky, it will be in the second year, so you need to invest in spare money for a long time;

Third, suppose you make the right judgment on the coin you invest in 6 out of 10 times; 2 times exceed expectations, and 2 times fall short of expectations. Then, if you go all in and encounter a fall short of expectations, especially a fall far short of expectations, you may hate this market once or twice. #BTC

Have a nice weekend

Last year, many people said "cash is king", but this year, with the wave after wave of money being released, few people say this.

There are risks in using money to buy coins, houses, stocks, and gold. Keep the money, the interest rate is low, but you are worried about depreciation. Start a business or make other investments, but you are afraid of losses.

Ordinary people really can't do anything... The only way to resist risks is to have more "normal children". Twenty years later, no matter whether your children are promising or not, you will be a "relative winner". #BTC

1. If you are stuck on a certain coin, don't add positions casually. You should observe its trend. If the trend is downward, withdraw first, or at least reduce your position by more than half. If you add more positions as the price falls, it will become a heavy decline, which is a taboo in currency speculation! You may lose a lot and it will be difficult to recover the cost.

2. If there is a coin in your self-selected area that always goes strong, falls less than other coins when it falls, and rises more than other coins when it rises, congratulations, you have found a strong coin. What you have to do is embrace the big bull coin. If you have funds, focus on buying this coin, the more the better. If you don't have funds, sell weak coins and buy this big bull coin instead. You will soon see more and more book profits.

3. If you find that the coin you bought is lower than the other lows, that is, the shape is getting worse and worse. At the same time, the big cake rises and your coin is sideways or reverses, you should be highly vigilant. It is very likely that the dog dealer has run away. At this time, you should decisively change the coin and can't hold on to it because of losses. #BTC

This tweet is likely to be the most expensive one in this round of market, so you must check in! I will only say it once:

This decline is to make a distinction. If you think you are likely to commit bull market taboos, it means you are not awake yet. Now I am slapping you in the face, hoping that you can wake up in advance. If I can't wake you up, then the market will continue to correct your behavior: for example, it will fall if you chase it, it will rise if you cut it, it will fly if you sell it, you won't make money if you open a supermarket, you will be jealous if you have less coins, etc. After repeatedly seeking and failing, you will gradually agree with my bull market taboos. The market correction will continue until you finally make up your mind not to move again! Congratulations, you should be awake at this time, but at the same time you should have entered the middle and late stages of the market.

Of course, if you invest in people who are unlikely to commit the same mistake again, I will not believe you. This is human nature and will not be diverted by a few words from me. And up to now, you have only experienced one big test, which was after Trump was elected, but it was only because the funds could not react to the short-term surge, and it had nothing to do with the negative news. However, this big test has already burned too many investors, so I will not believe you, and I will eventually return to fate!

If you still can't wake up, your ending will not only be to lose the bull market, but you will also be more likely to become the buyer of this round. #BTC

This market seems to be afraid of retail investors making money.
Letting retail investors make money is the biggest sin.
All the benefits are to attract retail investors to take over.
All the means are to control retail investors to make money.
Contracts, quantitative, spot,
T+0, 365 days a year, all kinds of short selling means, every knife cuts at the leeks.
Who are the leeks? They are just ordinary people.
Is their money blown by the wind?
On the one hand, they shout that the bull is coming, but on the other hand, they are not allowed to make money.
On the one hand, they shout that the bull market has just reached 90,000 US dollars, and then they shout that it is a slow bull market.
It came to an emergency brake. The previous one has not recovered, and the later one is locked up.
I really don’t understand, retail investors deserve not to make money? They earn a little bit, and they spit it all back before they can warm it up. #BTC