If you still didn’t buy the dip during yesterday’s market, you might as well stay away from crypto. When it falls, you wait for it to go lower; when it rises, you chase. Then you’ll complain that the volatility is nauseating and crypto is a scam. I’ve been buying all along.
I think people today are overly optimistic about the future of AI. At the conversational level, AI can help us find information and integrate resources more quickly, but I don’t see a very promising outlook for its applications. Essentially, AI can’t replace human decision-making. I think AI is a huge bubble.
Everyone’s saying SOL Shanghai is being too high-profile and could hurt the crypto space. Have you gotten so used to operating like rats that you’re scared at the slightest sign of trouble? Just do what’s right!
Wanting to buy every dip at the absolute bottom—that’s human greed. In reality, during a bull market, buy and hold beats any strategy you try. Mark my words: BTC will definitely break $100K this year, and SOL will break $200.
Here's a truth few people know: Don't be fooled by someone making a few million today or someone else making hundreds of millions. In this market, as long as you don't lose money, you've beaten 90% of people.
BTC is currently around 82,360 USDT. The price rebounded quickly from 79,775, but on the 4-hour chart it remains below the EMA20 (around 82,423) and EMA50 (around 82,962). The RSI is around 41, indicating that the rebound has gained some strength but the trend has not yet fully turned bullish. Holding above 82,600 in the short term could open the way to test 84,200 again; a drop below 81,900 could lead to another retest of 80,000–79,800. Therefore, the current outlook is choppy with a slight bearish bias; a clear bullish shift would require a break above 84,200.
A lot of people think I’m bound to lose money sooner or later, and that my current profits are just luck. Actually, I used to trade futures on other platforms too, and I’ve always preferred using small positions.
I know very well that my biggest weakness is my mindset. Especially when my position is large, I’m easily affected by my emotions, which makes me more likely to lose money. So these days I mainly trade spot, and only put a little money into futures for fun. I’m perfectly happy if I make enough for a meal in a day.
I’m not trying to argue. I just think that when discussing risk, we shouldn’t look only at leverage and returns; we should also consider how much capital was actually invested and how much risk was taken on.
For example, if I put just 10 U into a futures trade as isolated margin, then even if I get liquidated, my maximum loss is just that 10 U (not counting additional fees or other risks). You see that I made 291 U in profit, which is actually about 29 times my initial 10 U investment. But conversely, even if I lost that entire 10 U, the drawdown on my overall account would still be less than 2%.
Of course, I also know that consecutive losses can keep adding up, and how many times I’ve made my money in the past doesn’t mean I’ll keep making a profit in the future. I just want to say that high leverage doesn’t necessarily mean high risk to your account. What really matters is position sizing, risk exposure, and whether you can stick to your rules.
I choose to use small positions not because I think I can win all the time, but because I know that heavy positions aren’t right for me.
I’ve also been studying quantitative trading recently. I backtested a year’s worth of data and got an annualized return of around 6%. If it works well, I may make it available to my followers later.
Today I read a post about SOL. The author said they wouldn't buy more SOL and would buy UNI instead. I asked GPT about it, but its reasoning made no sense. I started to waver a little and almost wanted to switch, but then I realized I should trust myself. The hardest times are behind me. I've been buying SOL all along, putting more in whenever I have money. You could say I've put it all into SOL. I currently have 215 SOL at an average price of $80, and I bought a few more today after the price plunged.