大户笔记

How to make steady profits without losing money in the currency circle

I have been working hard in the currency circle for almost 5 years, during which I have made profits and losses. I have done everything from ico to Dogecoin and mining, and have gone through three rounds of bulls and bears. Summarizing my countless operations, in the end, there is only one way to make money steadily. That is simple and crude:
Buy in the bear market, sell in the bull market, and make sure you make a profit without losing money.

Bull markets generally last for 6 months to 1 year, and bear markets generally last for 1 to 2 years. A bull-bear cycle lasts for 3 to 4 years. Seize the opportunity and earn at least 50%+ returns in every bull market, which is enough to outperform the returns of all types of financial management, stocks, and funds. Because this 50%+ income can definitely be earned, there is no suspense.

1. Only deploy in bear markets
You must be patient and try your best to buy at the bottom of a bear market (although it is impossible to buy at the bottom of a real bear market). The conditions for judging the bottom of a bear market are simply that no one pays attention to Bitcoin anymore. When the currency circle is lifeless, you can buy multiple times intermittently. , this period may last for 1 year or even longer.

2. Mainstream coins
BTC and ETH will always be the kings of the currency circle, and buying in a bear market is absolutely correct. Although it cannot rise exponentially, if you buy in the bear market and hold until you sell in the bull market, an increase of more than 50% will definitely occur. The first choice for big funds.
Exchange platform currency: such as BNB
Relatively strong basic chains: such as SOL, AVAX
Good infrastructure coins: such as MATIC
Strong consensus coins: such as doge, SHIB RATS PEPE

You can only be heavily stocked in mainstream currencies, and never be heavily stocked in altcoins. The logic of altcoins is to cut leeks, and many types of altcoins will be born in every bull market. The altcoins that are soaring in this bull market may become completely silent in the next bull market. Overshadowed by the high shine of new altcoins. Without inside channels and information, it is almost impossible to bet on an altcoin and buy it before it explodes. Usually, you only learn about the existence of a certain altcoin after seeing its skyrocketing price. At this time, it is already too late to follow up. Maybe if you are lucky, the currency will continue to rise, but there is a high probability that it will fluctuate and fall. Altcoins fluctuate too much, and ordinary people cannot hold on to them regardless of whether they rise or fall. It is often a small profit and a big loss. In the end, it's all a loss.

3. Sell in the middle of the bull market and do no more operations later.
In the early stages of the bull market, BTC will slowly rise, outperforming others, and drive ETH to rise.At this time, some good mainstream coins followed suit, other coins rose slowly, a few altcoins surged wildly, and most altcoins had no movement.
In the middle of the bull market, BTC and ETH fluctuated and rose, mainstream currencies began to rise, and altcoins began to take off.
In the late bull market, BTC fluctuated and fell, ETH may continue to rise, mainstream currencies have surged one after another, and the high-profile altcoins of the second round of bull market have surged several times, even dozens or hundreds of times.
At the end of the bull market, BTC fell by thousands or even tens of thousands of points, and then recovered slightly. The first plunge recovered quickly, giving people the illusion that it was just an adjustment. After two or three such declines, the bull market is over. If you are caught at this time, please stop having any illusions and stop your losses in time. Otherwise, the principal will be dragged into the bottomless abyss.

4. Don’t bet on luck in a bull market
There are many opportunities in the bull market, especially in the middle and late stages of the bull market. Altcoins are flying around, and many altcoins have skyrocketed many times, which makes people jealous. People can impatiently follow up or choose some promising altcoins that have not exploded yet, and they can confidently wait for their surge. It's best not to have this kind of mentality. It's just gambling on luck. It's no different from gambling and has nothing to do with investing.
In every bull market, many altcoins are born. These altcoins have great gimmicks, their backgrounds look strong, and their rise is very strong. Please resist the temptation, you will only find out who is swimming naked when the tide goes out. When BTC plummets and the bear market comes, these altcoins will be cut in half, cut off, or even close to zero.
If you really can't resist the temptation, you can only follow up and play with a very small amount of money. Even if you make a small profit, you must not go into heavy positions when your head is hot. Never, never, never. This is gambling, and you can't always be lucky in gambling. I am not afraid that you will make a hundred times, but I am afraid that if you lose only once, you will lose all your capital. Don't fantasize about investing heavily in an altcoin and getting rich suddenly. This is just like buying lottery tickets and fantasizing about winning the jackpot. It is a super-low probability event. It’s okay to treat a small amount of money as entertainment, but it’s totally wrong to treat it as an investment.

5. Be more patient and less impulsive.
After buying in the bear market, you need to wait patiently until you sell in the bull market. Do not operate on the rise or fall during the period. You need to be patient during the waiting period.
After selling in a bull market, wait patiently for the bull market to collapse into a bear market.This may take a year or two. Don't be impulsive and buy the bottom at the mountainside. Be patient and wait for the moment when you hit the bottom.
After making money by selling in the bull market, don’t be tempted to play altcoins impulsively. If you really want to take a gamble, you can only use up to 10% of your funds.

6. Principal is always the most important
If you accidentally get caught by random operations, the most important thing is to protect your principal as much as possible. When the currency market collapses, you are willing to cut your losses and stop losses in time to save most of your principal and the basic market. There is still hope for a comeback. Wait patiently for the currency market to fall into the abyss, and use the remaining principal to buy the bottom. Don't be trapped and die with the collapse of the currency circle. Many times you buy the trapped currency and sell it before the currency circle collapses, losing up to 50% of your principal. If you ignore it, let it fall, and hold on to the end. When the currency falls to the bottom along with the currency circle, there is almost no possibility of starting over with the remaining principal.

$BTC $BNB $NEAR #热门话题

I am a freshman and have 6000RMB in my hand. I want to join the cryptocurrency industry. Do you have any suggestions?

The pie is almost 60,000 US dollars again

From the time I entered the market to now, there have been at least tens of thousands of encrypted digital currencies. Especially in 2018-19, new projects came out every day. Basically, they broke the market immediately, and the primary market suffered losses, let alone the secondary market. Projects Fang basically ran away in a few months. The people who were originally called the next Bitcoin have long since disappeared. Instead, Bitcoin and Ethereum have been leading the younger brother forward.

The retail investors who really make money in the currency circle still rely on cycles to make money. Let’s not talk about discovering contract loopholes and quantitative arbitrage. They are too far away from ordinary people and the operating threshold is too high. For us small retail investors, the safest thing is to wait for Bitcoin and When Ethereum fell by more than 70%, they started to place fixed investments to earn the next wave of dividends. Other stud dogs and those who played with them were just giving away money to most retail investors.

Wealth = new story + new gameplay + new concept

As mentioned in May last year, we focused on the Bitcoin ecosystem.

Bitcoin second layer + Bitcoin NFT + brc-20 + halving cycle = Bitcoin’s new narrative. Regardless of whether brc-20 has use value and investment value, this will add a new narrative to the pie, regardless of the future of this story. Whether it can really be done, but it will actually introduce a lot of new traffic to the pie

Those who participated in the last round of brc20 started with at least 10 times the head count. The projects include: Ordi, Sats, Trac, Pipe, Ethi, Big Goose, BRC420 Blue Box, Bitmap and several others.

It’s all about the Bitcoin ecosystem.

The copycats have plummeted recently, and $ordi $sats has been trading strongly sideways. The next wave of gains may still be led by the big pie ecology. Next:

①The largest Web3 wallet in the world supports the implementation of the big pie ecosystem;
② Product delivery and beneficial implementation of BRC20 and improved protocols
③Layer 2 of Big Pie has been launched; the main narrative of Big Pie’s ecology has shifted from asset issuance to the explosion of second-tier applications.

BRC420 ecology explodes, tokenization begins in February, and the market value of the bull market is likely to exceed 5 billion

Pay attention to the coins that will make you rich a hundred times this year

Why is shorting often more profitable than going long?

People usually think of the relationship between 100 times 1.1 and 100 times 0.9. From a mathematical perspective, that is indeed the case—shorting can be more profitable than going long.

In the U.S., many professional investment banking institutions only short and do not go long. Even when the overall market index is rising, they can still make a lot of money by shorting.

Basically, companies that short seldom end up losing, whereas companies that go long often run into financial problems.

Why does this happen? Because shorting is deterministic, while going long is not. One thing is certain: a person will die—but you can’t calculate how old they’ll be when they die.

The stock market works the same way. When touchscreen phones appear, you don’t know whether Android or Apple will win, but one thing is certain: Nokia will definitely be wiped out.

Take the automotive industry in its early days—there were many companies, like Ford, General Motors, and Mercedes. Which one should you invest in?

At this point, you can short companies related to horse-drawn carriages, because new technology will inevitably replace outdated technology.

In essence, it’s also a form of value investing. You know its value is being eroded—so you should short it.

Watched all afternoon, but still didn’t see this master pick up any customers.

Doesn’t he realize this line has already been phased out??

When I was in elementary school, the teacher asked us to stand up one by one and read the textbook passages aloud loudly.

I would count ahead of time how many people were in front of me.

Then I’d figure out which part I was going to read, so I could practice in advance.

I think my life’s anxiety disorder started from that time.

Why doesn’t your mother-in-law like you to go to a postpartum care center for confinement?

Haha, there are probably 3 reasons:

1. She definitely feels sorry about the money!

2. It’s a matter of face. If you go to a postpartum care center, then your mother-in-law has no role to play. She wants credit, where can she take credit from? Of course, she also doesn’t really want to take care of you—she’s just afraid people will say she didn’t look after you during your confinement.

3. A little bit of darkness/resentment. She doesn’t get to enjoy it—how could you? She’s known as an all-round talent who can give birth in the morning and even handle the “pulling/assisting” the same afternoon.

When a police officer friend told me a case

Three aimless, idle drifters targeted a pretty young girl. After a few days of scouting, they figured out her route home after work and the timing.

One night, the three dragged her into a roadside patch of wild land and raped her. Afterward, the girl may have said something like she would report it. But instead of stopping, the three decided that since they’d already done it, they might as well go all the way: they killed her, and left her body by the roadside completely naked.

The evidence was beyond doubt, and the three were quickly arrested. The crime was so serious that all of them were sentenced to death.

Hearing this, you might think: evil is repaid with evil.

I thought the same at first—until my friend finished the second half: before the ringleader was executed, his friend went to see him and sighed, “For a girl like this, you’ve gone and put your own life on the line.”

But the ringleader laughed and said, “I’ve spent my whole life taking my chance with girls as gorgeous as this—dying’s worth it”。。。

What did you learn only after going to Hong Kong?

Turns out that with 80 square meters in Hong Kong, you can have 3 bedrooms, 2 living rooms, and 2 bathrooms—it's even more spacious than my home, which is 130 square meters…

What things did you only find out after going to Hong Kong?

Turns out that in Hong Kong, 80 square meters can have 3 bedrooms, 2 living rooms, and 2 bathrooms—it's even more spacious than my place with 130 square meters...

Why don’t we hear much about cloning technology these days?

If you think it’s because the technology isn’t good enough, you’d be completely wrong. The real situation is exactly the opposite: it’s already matured to the point where there’s really nothing left to “cash in” on.

Cloning a deceased cat now costs around 80,000. Cloning a dog costs several hundred thousand. In the pet industry, many people view it as a vast blue-ocean market.

Since the technology is mature and the market exists, why is it that almost nobody brings it up anymore? Because at this stage, the technology is basically at a plateau. If you research further, you can only end up cloning human beings.

In 2018, Dr. He Jiankui of Southern University of Science and Technology publicly announced that the first human twins—Lulu and Nana—had been successfully born through gene editing. After the gene editing, they had natural resistance to diseases such as AIDS. But this attempt was quickly resisted by 120 biologists worldwide. Later, the criminal law was even amended to add a new offense called “the crime of illegal human gene-editing cloning.”

If gene editing can help humans prevent diseases, why is it banned?

To put it bluntly, this technology can enhance certain genes and delete certain genes. That means once the wealthy customize their children’s genes, their descendants will be “superhumans” with extraordinary memory, anti-virus intelligence, and longer lifespans. For ordinary people, getting ahead afterward would be basically impossible.

What’s more, once gene-edited humans enter the general population and have children, they may contaminate the human gene pool. This is uncontrollable and could even lead to the creation of a new human species.

Friends and his wife set up a stall at a night market selling fried rice.

Over here, a plate of fried rice costs 15 yuan, but business is really slow—there are only a handful of customers all night.

Across the way, there’s a young girl selling fried rice for 10 yuan a plate. She also gives out a free egg. Every day, there’s a long line in front of her stall; she can sell two or three hundred servings in a day.

One regular customer who often comes to support his friend’s business couldn’t stand it anymore. He asked him: “Your business is so bad—why don’t you lower the price? Or maybe switch to a different location?”

The friend just smiled, pointed across at the girl, and said: “That’s my wife.”

Why are flight attendants the top choice for finding a wife?

Because the interview helps you screen for looks and body, the written test helps you screen for education, and the political review helps you screen for family background.

Why do Chinese movies always have subtitles, while foreign movies basically don’t?

Because of the unique advantages of Chinese characters—just a glance is enough to instantly grasp the full meaning. Viewers can even take the time to read a bunch of bullet comments, which is why English bullet-comment websites basically can’t get off the ground!!

With the same sentence, the English translation is more complicated, longer, and harder to read.

Chinese audiences watching foreign movies can’t understand a single line of English—yet they can still watch with accessibility just by using the Chinese subtitles.

But foreign audiences watching Chinese movies aren’t as comfortable. A line of Chinese dialogue translated into English instantly becomes longer, and they then have to read it letter by letter.

Rural Strange Phenomenon: The marriages of those who don’t go to school tend to happen very early, and they also get along well with their parents while living together. Yet among university students, there are many who are single, and there are also many conflicts with their parents. Why?

College helps you improve your values and broaden your horizons, but it doesn’t actually improve your real-life status.

So contradictions arise. The most painful part is that it’s them—they were originally from the bottom tier, but they discovered the outside world, and yet they’re powerless to change their situation.....

Why are rich people so polite and agreeable?

I witnessed something firsthand. I was with my boss as he walked around the project site.

Two workers were carrying a glass pane and didn’t handle it properly—they dropped it and fell.

The boss immediately went over to check whether the workers were okay, comforted them for a while, and even gave both of them half a day off to calm their nerves.

Then, turning around, he went into the house and unleashed a scolding on the project manager—telling him to make those two workers pay and get rid of them.

So amicable.

Why Don’t Chinese Expats Unite?

Earning 20,000 U per day is simple

Just hold 50,280,191 USD1

Holding USD1 without moving it all year has already beaten 99%

Relatives don’t show up all year round—why do you have to visit relatives during the New Year?

1. Relatives can provide an interest-free loan of at least 100,000 to 200,000 RMB when you buy a home or go through the two key life events of marriage.

2. Relatives can offer free assistance when you or your family members suffer serious illness. For each relative, the minimum is 1,000 RMB, capped at 20,000 RMB; the total depends on the number of relatives.

3. Relatives can help you for free when you get married and when your parents pass away.

4. Relatives can help you look after your parents. If an emergency occurs—such as a car accident, or someone suddenly faints without reason—they can arrange for you to be taken to the hospital promptly, and they can also help you pay the first bill up to 30,000 RMB.

5. Relatives can help take care of your parents and raise your children up to the age of 18 in the event that you get divorced and then pass away.

6. The sixth point: When you’re looking for a job, relatives can provide a certain level of help, depending on your financial situation and the relationship between both sides.

7. The downside is: if relatives have problems, you also have to help them.

Actually, I'm kind of curious. If you’re willing to work now, you definitely won’t starve. So why is there still so much money owed?

I prepared six cigarettes, but seven leaders came—what should I do?