1: No matter how high the certainty or opportunity, it’s not worth using up all your bullets, or even most of them.
2: Believe in crises and feel the changes; wait until those who don’t believe in crises narrow the path before you step in to pick up cheap stocks.
3: Constantly repeat your symbols of luck and victories: Heaven will not allow anyone to be lucky in every aspect without exception. The assets you have made money from will likely make you money again, while those you have lost money on will probably make you suffer even more next time.
4: Understand your fortuitous and risky places: Focus on deepening your fortuitous ground and building your own hero landmarks, don’t venture into others’ battlefields and get involved with others.
5: Don’t exert too much effort; excessive force will kill your attention, forcing you to become increasingly shortsighted, leading to distorted actions and ultimately to failure.
6: Every action has a cost; not every opportunity needs to be seized. Maintain redundancy in your attention and influence; this is a necessary waste.
7: The manifestation of luck needs to be carried by your career; the more chaotic a place is, the easier it is to find luck. Luck cannot descend upon anyone without a carrier.
8: Every day, reserve enough time for reflection. Good experiences should be summarized and refined, while bad experiences should be learned from and corrected.
9: Any excess return is not immediate cash; only the labor of the lowest social class is immediate cash. If you want to achieve great things, the less return you get in the early stages, the better.
10: Walking a hundred miles is only halfway at ninety miles; the last half is determined by quality, foundation, background, and character. If many friends die on a journey, you must be the last one to survive.
The first half is almost over and July is ending soon.
Right now I’m holding about half a position. I’ve also opened some contracts, with an average price around 2000–2100.
The market has been tightly holding and not moving. Just be patient and wait. My viewpoint isn’t good enough to keep changing.
Earlier in early June I was heavily trapped, around 100 w. Now when I add everything up, the total is only a floating loss of about 40 w. This is the necessary cost of averaging down in batches.
No big pressure right now.
The main thing is that if it goes down further, there will still be opportunities to add more.
Take it slow. You must seize the big market move.
Letting go of some short-term trades is, in my opinion, necessary.
A lot of friends around me have made money from short-term trades, but there are far more who lose and end up bankrupt.
I also feel a lot about it, but I’ll still follow my own comfortable path.
Don’t be envious of others. Do what you can understand and what you can seize.
If this round can rise above 2200 and then come back down, that would be even more perfect. I’ll open long-term contracts around the 1700 area, with more position size.
For spot holdings, try to keep it below 2000. I’m not overly chasing the exact spot price.
I believe the 1700 level is the start of the next uptrend.
It still looks like there’s plenty of opportunity. Keep going!
Everyone believes there’s still one last drop for crypto
If the BTC rebound here goes high enough, for example 720,000–750,000
then the next drop could be at the extreme around the 600,000 mark
So you need to go all-in without hesitation
Ethereum has been moving stronger lately as well. If it can reach around 2,300, then later a pullback to 1,700–1,600 is also a position worth heavily holding