When the market is dominated by memes When the rotation is super fast I would think this indicates a lack of focus in the market
Funds are not yet sufficient for a general increase There is not enough consensus on the narrative in the market Just spray randomly
After all, the main narrative of this bull market is Bitcoin I think #比特幣生態 is still very important For example, the recent boom in Bitcoin layer 2 But there are too many and we need to do some research and screening.
Another basic It also rose a while ago, such as #DePin #RWA It should continue to perform well
As for things that haven’t broken out yet but can be expected Judging from some recent news I have a feeling that a wave of blockchain games may be brewing Maybe #GameFi will be one of the next wave of explosive tracks
#PINK is @Polkadot Network , the first meme coin in the Polkadot ecosystem, and probably the only meme coin, if the inscription type is not counted first.
Listed yesterday and currently on the Moonbeam & Base chain Can only be purchased on the chain It has increased more than a hundred times since yesterday. The current market value has just exceeded 10 million US dollars
Market value is still small There is a better chance of buying on the chain There won’t be much space left when it comes to the exchange.
Currently there is information about PINK on dexscreener If you are interested, you can check it out.
Whenever meme coins skyrocket There will be a wave of discussions in the currency circle Regarding whether useless coins will rise Is it because of cognitive limitations that it limits one’s own ability to make money, etc.
I think Is a coin stupid? Are there any actual use cases? Is there a long-term development path? Of course it is related to the price But correlation is not absolute Most stupid coins are worthless in the long run This does not mean that all stupid coins will be worthless in the long run. It doesn’t mean that stupid coins won’t skyrocket in the short term.
Price fluctuations do not necessarily have any economic background. Otherwise, economists are the best people who can make money by speculating in stocks. This is not just a coin The stock market and bond market are all All I can say is that there is nothing new under the sun.
I think some people may not like stupid coins. But there is no need to belittle them because they will definitely not rise. But conversely Stupid coins are skyrocketing There is no need to praise them to the sky just because of this. Will it go up anyway? Is it useful to follow They are two things that are related but have no absolute cause and effect. But for some reason, many people in the currency circle always like to confuse this with
The reason I was able to make a lot of money was because of my ability to hold my hands, not because of my ideas. It is not common to see people who can see correctly and still hold back at the same time.
Why Cryptocurrencies Are Not Well-suited to Chasing Highers More suitable for traders on the left Unless you're really fast
If you have experience in operating stocks Chasing high is common As long as the stop loss and stop profit are matched well Follow up when the market starts or breaks through This is a normal operation
But cryptocurrencies are a little different Unless your hands and feet are really fast Or paired with a trading robot Or just play with big coins like Bitcoin and Ethereum Otherwise, the end of chasing highs is often...
The main reason is that the cryptocurrency market is moving too fast First, the market value of small coins is small Shallow liquidity It is easy to rise and fall sharply At the same time, there is no price limit for cryptocurrency Fluctuations are fast and large Market reaction is too fast
There is good news Maybe the reaction will be completed within a few minutes There's no time to catch up
Technical linear upward breakthrough Stock Breakouts - Backtesting - The breakout confirmation phase can last for several days Approximately a few minutes or hours
Unless your hands and feet are fast enough After all, most people are not great traders. Chasing prices is not a good trading method in the currency circle. Relatively speaking, ambush early It’s more comfortable to be a left-side trader
If I say this is Bitcoin’s last big bull market Do you agree?
As a market matures Opportunities for excess profits will decrease Expected returns will fall
$BTC has been going through a process of value discovery for more than ten years. Since only a few people know its value More and more people know It wasn’t until spot ETFs were passed that they entered the investing public’s horizons.
Just start by Then people can start to enter conveniently Institutions, pension funds, etc. can begin to invest officially Then maybe more and more countries will accept Bitcoin It may even be set as part of foreign exchange reserves one day
Bitcoin spot ETF starts this positive spiral by Let the value discovery of Bitcoin cease to be limited to the currency circle Reaching out to the investing public Then to large institutions and national governments
This process of value discovery can make Bitcoin soar new high then new high This round of bull market is expected
But then what? When Bitcoin has become an investment option for the public Already in many people’s investment portfolios It is already a mature market Excess returns no longer exist That’s not to say it won’t rise But it will not rise sharply No more exaggerated excess returns Become a more daily financial commodity
This time Daniel started about last year The cause is also the expectation of spot ETFs This year continues The reason is also the adoption of spot ETFs
Then maybe halving + interest rate cuts can continue At the same time, more and more participants began to buy Bitcoin Where can this round of value discovery take Bitcoin? Anyway, it won’t be 70,000
But the point is This may be Bitcoin’s last big bull run Then it becomes a normal financial product It becomes a mature market Mad cow no more
So in the end the only important question is So what should we do now?
Have you used Binance’s smart position bot? In terms of long-term investment This is a very useful tool
Even if you mainly like short-term trading You can also configure some proportions here Reduce risk overall Maybe it can also increase profits
The difference between smart position holding and simple Hodl The smart position has an automatic rebalancing mechanism. For example, create a smart position Of which 80% $BTC 20% $ETH Then as their respective prices rise and fall, The robot will automatically buy, sell and rebalance Maintain the proportion of the two currencies at the set ratio
What are the benefits of rebalancing? Imagine the rotation Various currencies are rising Rebalancing is just enough to automatically add and subtract codes during the round increase.
Imagine again What happens if you add stablecoins to your configuration? For example 80% Bitcoin 20% Usdt What will happened?
When the price rises, some profits will be automatically taken. When the price falls, it will automatically increase the amount.
All in all, it’s a good tool for long-term investment. Although it cannot bring explosive performance But it’s still quite useful for long-term investment holders.
Although it is strange to say this on an exchange platform But for most people The simplest and most direct way to improve trading performance Just reduce the frequency of transactions
Bitcoin keeps being bought by ETFs The daily output is not enough to buy Bitcoin holdings on exchanges continue to decline
Although this imbalance between supply and demand will increase in the long term, But it also means that Bitcoin’s liquidity has become shallower Volatility will increase The leverage ratio used in contract trading may need to be adjusted.
The fund is composed of several coins that can be pledged There will be staking rewards for staking. This will be a fund that can generate passive income
The fund name is #GDIF Grayscale Dynamic Income Fund
It is currently expected that these eight currencies will be included solana (SOL), Aptos (APT), Celestia (TIA), Coinbase Stake Ethereum (CBETH), Cosmos (ATOM), NEAR, Osmosis (OSMO), Polkadot (DOT), Say Network (SEI)
Based on the experience of the past few years The Great Bull Run for Cryptocurrencies as a Whole Usually it starts after Bitcoin hits a new high
Although the big brother Bitcoin has risen for a long time But before we are sure to reach a new high According to past experience, the bull market has not yet begun.
But this is based on past experience The Bitcoin spot ETF actually changed this matter to a great extent
Spot ETFs bring a lot of Wall Street money into the market How much? In the past few days, the trading volume of spot ETFs has approached or even exceeded Binance’s trading volume. It means that the participants in the venue are very different from those in the past. Of course, market trends and logic may also change as a result.
Although a large amount of money entering the market brings expectations for high prices, Expectations for bull market gains But he also said that the future currency circle will become more and more complex. increasingly unpredictable Past experience is increasingly useless as a reference
but That's what makes it fun, right?
And I think the trend is still clear It’s just that the ups and downs in the process will become larger.
The most guilty moment for people in the currency circle Bitcoin spray spray Well, the whole currency circle is excited But looking at my investment portfolio, I don’t seem to be making any money.
If you start buying on that day #比特幣 69000 Buy like a fool at the highest price in history What will happen if we continue the regular monthly quota until today?
I just used a trial calculation tool to calculate Bitcoin all-time high price of $69,000 It is on the day of 2021/11/10 Then it crashed all the way to 15,000
It has only risen back to around 56,000 today. There is still a long way to go before the highest price
Even if you enter the market on the day of the highest point Continuous monthly fixed quota purchase Total investment performance to date is approximately 98% "Continue to buy" is the wealth password of Bitcoin
Share another one that has not been listed on Binance yet But I like the small coins very much
#Interlay Encapsulated Bitcoin + Bitcoin defi on the Polkadot ecosystem The token is #INTR
Able to encapsulate Bitcoin cross-chain into Polkadot ecosystem Bitcoin encapsulating the past is called iBTC Participate in DeFi on Polkadot Also building Bitcoin layer 2 – BOB chain There will be more application scenarios for iBTC in the future
Basically I think it has a triple narrative The first is Bitcoin DeFi The second is the Polkadot ecological parallel chain The third is Bitcoin layer 2
The current market value is only over 4 million FDV more than 60 million There is still a lot of space But how can I buy it if it’s not listed on Binance? It is very easy to buy on the chain as long as you have a Polkadot wallet Buy some Polkadot from Binance and transfer it to Polkadot wallet to buy coins on the chain.
Startale Labs is the company behind the development of the Astar Network public chain Last year, we received investment from Japanese game giant Sony. Now it has received investment from Samsung, a major Korean manufacturer.
Major Japanese and Korean manufacturers are investing It is the Polkadot ecological parallel chain The Astar zkEVM chain developed in cooperation with Polygon will be launched soon
The current fully diluted market value of FDV is just over 1.3 billion. Ranked 82nd
How to tell if the bull market has come to an end? It’s not about how high it has risen. It’s very scary. It's about seeing who else can come in.
The so-called long-short market cycle bull-bear transition One of the important factors is how much money has been entered into the market How much money is left to enter the market?
When most of the people and money who can enter the market have entered the market There is no longer any power to push up prices. It's almost the end of the bull market
This is how the so-called shoe-shining boy theory came about. When all the shoeshine boys with the least information come into play It means that everyone who can enter has already entered. Unable to succeed The bull market is over
Come back and see now This wave probably started in the fourth quarter of last year It seems to have risen a lot Mainly built on #比特幣ETF Who's in? Almost all are American institutions and investors besides Have people from other countries and retail investors entered the market in large numbers?
There may be short- to medium-term corrections After all, if there is a long rise, it is healthier to change hands of chips. But take a longer look at the cycle I really don’t think the bull market has even started yet.
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