纵向漂移

Hello brothers, starting today, I will once again step into the arena, determined to be a steadfast BTC spot holder and believer.
Today I will analyze my personal thoughts on the bottom price for Bitcoin spot.
I have reviewed many authors, including analyses from authors on Twitter. Most people are still carving boats to seek swords, comparing the percentage of decline from the highs of 2017 and 2021 bull markets. Or they are looking at how much further it drops after the previous high point was halved.
Aside from the decline, some authors also carve boats to seek time. For example, how many months it takes to drop from the high point to the lowest point, or after the previous high point, in which month it starts to rebound from the low point.

The weekly rise has been too fast, and in the short term, there is no room for a significant drop. There is only room for an upward move.
So, for the market in the next half month, after a drop, buy the dip and trade back and forth.

To my brothers who have followed me, I disappeared for five months, but I am back. During these five months, thanks to the explosive rise of blockchain, my assets reached a small target at their peak. The reason I disappeared for five months is that during this time, I focused on self-cultivation, did not operate at all, and quietly waited for the explosive growth of blockchain. I firmly believe that when the amount of funds reaches a certain level, not operating is the best operation. Therefore, in recent months, I have cared very little about blockchain news and trends.
After a few months of rest, I feel it is time to return and prepare to welcome the next round of a monthly-level main surge. Next, I want to share some of my key thoughts! To make money, we should find the areas we are good at and fully exploit them, abandoning the fields we are not good at, and participate and research less.

After gambling for many years, I summarize some common mistakes I often make.
1. Guessing the bottom and touching the peak. This is the most frequent mistake. Often during a big drop, thinking the price has fallen enough, one tries to catch the bottom for a rebound, but ends up getting buried. Or when the price has risen a lot, feeling like it's about time, one wants to short it, but always ends up shorting at the bottom of the mountain. Especially in a bear market with fluctuating conditions, this mistake is particularly easy to make. In a fluctuating market, going low when the price is low and high when the price is high, after the market cultivates this habit, suddenly a market movement breaks out of this fluctuation range, leading to a big rise or fall, washing you clean of both principal and profit!

Survival of the fittest!
Recently, thinking about the conflict between Israel and Palestine reminded me of the anti-Japanese war fought by our ancestors. The world may sympathize with Palestine, but at most it can only offer verbal support. To stand up, one must rely on oneself; no one can help you. Just like our predecessors, who sacrificed their lives to pave the way for the prosperous era we have now.
This is true at the national level, and even more so at the personal level! No matter how down and out you are, no one can help you; only you can save yourself!
Recently, many brothers have been asking to borrow hundreds of thousands from me, which makes me feel compelled to speak out. It's as if they are completely at their wits' end, desperate for help! However, seeing these unfamiliar brothers approach me shows that they have completely lost their fighting spirit. Without that spirit, there is no drive. Their entire energy is in a state of decline, and naturally, good luck will not favor you!

Brothers, it's been a long time. Once I've earned enough money, I get a bit lazy, spending my days either drinking or on the way to drink. Today, I want to share my personal views on the timing of future purchases of spot trading.
I have always believed that when it comes to investing, the first thing is to avoid greed, and the second is to have patience.
First, let's talk about avoiding greed. Once greed takes over, it affects your judgment regarding things. If something is worth 1 dollar, you should buy it for 1 dollar and not always think about leveraging, even if it's just 1x leverage. Don't think that low leverage means it's okay; even the lowest leverage will teach you a lesson! Moreover, if there's 1x, there can be 10x, and once you start down that path, you can't go back. Once you leverage, if the market moves against your expectations, you'll panic, and that panic will affect your decision-making. Most people end up cutting themselves because of this: greed leads you to leverage, and when the market moves unexpectedly, it causes panic, resulting in you cutting yourself off. Many times, the price comes back, but the spot is gone, and it's because of this.

In every industry, the basic rules are fundamentally the same.
For example, copying is the best entrepreneurial project; whatever others are doing, I just do the same. Don’t waste time thinking about innovation.
For example, learn from those who have results and have achieved success.
Speaking of the crypto space, there are a ton of analysts who can analyze everything thoroughly, from the Federal Reserve, global economy, to wars in multiple countries. They can analyze market sentiment, daily and monthly charts, and can talk for a day and night without repeating themselves. The result? They can't pull out two bucks from their pockets... To put it simply, they have no money but know a lot. So, do you really believe these people?

I disappeared for a while; during this short period, the market was good, and I was busy researching the market, so I haven't updated.
I am a firm bull supporter, so as BTC breaks 100,000, I have also successfully entered the A9 ranks. Thanks to the bottom trend long position, and I have successfully stabilized in A9.
Let me share my current holdings and views on the future market.
First, regarding my holdings, I definitely hold BTC and ETH. The other cryptocurrencies I currently have are UNI, DOGE, and OKB.
The logic of BTC is very simple; it is the navigator and engine of the bull market, which is something that must be held.

I disappeared for a while, and during this time I made a lot of wrong operations, which caused my coins to decrease by about one tenth. This really proves the old saying in the currency circle: the more you study, the more you operate, the more you lose. Although some of my coins are gone, I have never wavered in my belief, and I firmly hold Bitcoin and Ethereum.
Next, let me talk about my views on the market. I insist that there will be a wave of major upswings in the next year. During this period, I have wavered in my thoughts for several reasons.

1. The basic stocks I always pay attention to are BTC and ETH. I invested most of my money in it. No matter how the bull market goes in the future, I can never avoid these two brothers. BTC is easy to understand. In the early stages of every bull market, the big pie takes the lead, and then other followers will follow. ETH, my understanding is that, except for BTC, the consensus is on it. Moreover, after so many years of speculation on BTC, the space for value-added is relatively limited. If big funds want more returns, they can only get it on ETH. possible. Because the price of ETH is still relatively low, there is still a lot of space. My personal goal is that the current price of BTC may be the peak price of ETH in this bull market. At least 20,000 dollars or more.

Awesome spot believers have several characteristics that can eventually make money!
1. Below a fixed approximate price range, you will not worry about whether the purchase price is a few thousand dollars more or a few thousand dollars less. Just like me, people often ask me what is the right price to buy pancakes? My usual answer is, if you buy something below 30,000 without any thought, you can buy as much as you have. If you miss out, I can still get it up to 35,000! Because when I buy spot, I don't look at the current price, but look at the future. If I see $120,000 in the future, I will buy it for $20,000 or $30,000. It’s nothing more than a matter of making more or less. Why do we have to worry about whether to buy it for 25,000 or 28,000?

No one is God, everyone makes mistakes. I made a mistake yesterday, shorting 35,500. I calculated that the sharp drop in the market would not rebound immediately, but would fluctuate for a while, so I opened a short order to take advantage of the $200 price difference. As a result, the market picked up, and I was competing with myself again, so I wanted to close the position at the original price. If I closed the position at that time, I would only lose less than $10,000. . In the end, the two accounts suffered a total loss of 150,000 U.S. dollars. . .
Last week's profit was 180,000 U.S. dollars, minus this week's loss of 150,000 U.S. dollars, which is equivalent to only 30,000 U.S. dollars in profit this month. . . But fortunately, my position is relatively large, I consume a lot of handling fees, and I still have a commission of 30,000 to 40,000 dollars, which is equivalent to a profit of 60,000 to 70,000 dollars this month. . .

I made several orders in this wave. I personally am a full-position currency-based and a firm believer in the Ethereum spot market, so I didn’t keep a single penny, it was all spot money. When you need to operate a contract, you will borrow hundreds of thousands of U with leverage to operate. The total profit in this wave was 180,000 U.S. dollars. Compared with the fluctuation of my position, it was a sip of soup.
Next, just like what I wrote in the article I updated yesterday. You must learn to rest, learn to step into the air, and develop your playing skills. In the next few days, it is likely that there will be no more operations. Wait for next week to see if there are any suitable bargain hunting opportunities. This month’s strategy is to try not to go short and wait until the price drops sharply to buy more. Short selling is next month!

Let me first briefly talk about my contract experience. The 18-year contract resulted in bankruptcy and a loss of tens of millions. In the 21-year bull market, I made money again and made tens of millions. Then in 2023, I made a maximum profit of about 8 million. In the first two months, all the retracements were completed. The current situation today is a slight profit!
I have experience, but now I am missing a bull market to boost me. I firmly believe that in a bull market, I can earn 100 million just from contracts!
Okay, now let’s talk about the essence. My understanding can be summarized in three points.
Mentality first, strategy second, technology third!
1. Let’s talk about mentality first, this is the most important thing! If the importance is 100 points, then mentality accounts for at least 80 points!

Brothers, if you pay attention to my real offer, it is called vertical drift. Yesterday, I strongly believed that ETH would make up for the increase, but the pattern was too small. I took a sip of soup, made a profit of 120,000 U.S. dollars, and ran away. I lost 300,000 dollars.
Let’s first analyze yesterday’s order, which opened 2,300 ETH. In general, the position was too large. I originally wanted to close part of the position, but the position was large, the mood was too excited, and the mentality was unstable. As a result, the closer the position is, the smaller the position will be. If half of the position is closed, it will feel meaningless, and all the positions will be closed in the end.
The summary is that overweight positions lead to poor mentality!

New brothers, take a look at my previous goal and look at it firmly at 37,800. The set goal is almost achieved. The next step is to see if I can reach 40,000!
Let’s first analyze the current market situation. At present, the main funds and attention are on the big pie, followed by some more typical copycats, such as TRB, GAS and the like. This kind of market situation is actually easy to understand. If you have several years of experience, you will definitely feel familiar. Next, the market is likely to have a small correction, or fluctuate, or fluctuate upward. Our attention can be placed on currencies that have not yet started to take off, or that have not increased much. Because of my personal strategic issues, I don’t touch some second-tier currencies, even SOL, TRB, GAS, etc., which are very popular recently, I don’t touch them at all. Personally, I basically only play Ethereum, so my eyes are on ETH.

Why do we say that the market outlook is just fantasy. Because everyone relies on guessing, who knows who can guess right. But based on my five or six years of experience in two bull markets, I feel that my guess accuracy is higher than most people!
Closer to home, my personal feelings. There shouldn't be a very low position for Leek to get on the bus. The halving in April 2023 is less than half a year away.
The 23-year halving bull market has been stimulated by multiple good news.
1. Stop raising interest rates, or even cut them.
2. BTC halving.
3. The adoption of BTC ETF.

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.

You are right to obey and do as you are told!
People are not afraid of not knowing enough or being stupid, but they are afraid of being smart and being smart!
To give a simple example, in the contract market, everyone says not to touch the contract, as it will make you bankrupt. But how many people actually do it? They all feel that they are the chosen one and want to give it a try. As long as you say it, he will argue with you, so and so, who has earned tens of millions from the contract, and who has earned hundreds of millions. But in your eyes, you only see the few who have made money, and the more who have lost everything, you selectively cannot see.

First of all, I have read a lot of comments from brothers recently. I have read all the comments from brothers, but I rarely reply, because when I reply, the interface will jump and I can’t find the original place. The point needs to be optimized.
Many brothers, through various arguments, gave me the analysis of the basis for the current bull market. They said that the price of the big pie will be cut in half, and then cut in half again. After the price drops to what price, there will be low-priced chips, and then the big bull market will start. Foundation. Regardless of right or wrong, even if it is right, what will happen? If it really falls to that point, if the analysis is right, will you dare to enter the market? Do you dare to buy it? The analysis is wrong. If it continues to rise, do you dare to chase it and buy it?