Crypto KOL Community & Market Trends

Discover crypto KOL insights, community sentiment, emerging market trends, and industry trend analysis.
WealthyJinli
Reminder of personal growth experience
1. Making mistakes is part of your learning
No one is free from making mistakes. After making mistakes, reflecting and summarizing can help avoid making the same mistakes again. This is also one of the important ways for human growth.
2. Learn from those who criticize you.
Nowadays, people are too shrewd. They speak in a way that suits the occasion, and they are not afraid to criticize your mistakes. They are definitely your true friends!
3. Don't compare yourself to others
Everyone starts from a different point and experiences different things. Don't force yourself too much to be better than others in everything. The real opponent is yourself. Just make yourself stronger than yesterday.
4. There is no standard answer for anything.
Right and wrong are not so absolute. Maybe what is right now will be a huge mistake in a hundred years. No one can say what is right or wrong.
5. Accept your weaknesses as your 'features'
Everyone has countless weaknesses. A swimming champion definitely cannot do boxing. Accepting and acknowledging oneself, and promoting one's strengths is the way to success.
6. View your life as an adventurous journey
The most important thing in life is happiness. Enjoying every day of life is the ultimate meaning of living.
7. Stick to what you believe in, even if it's not popular
Every successful person has gone through a lonely period, where almost no one understands or supports us; we must persist in walking our own path to the end.
8. Do not underestimate your talents until you have applied them 1000 times.
Believe in yourself, what others can do, you can also achieve through your own efforts. Be brave to try!
9. Every problem you encounter is not unique.
All the hardships and difficulties you have experienced have been experienced by countless others. You can learn from the experience of your predecessors and take fewer detours.
10. Intelligence is relative, self-respect is not.
Intelligence and abilities may change over time, but self-respect is absolute, and people should strive to maintain their self-respect.
11. Express your emotions in a creative way
Everyone has many negative emotions, and we can transform them into art, writing, painting, etc., to release our emotions in a healthy way.
12. And those who wish you success
Most people are laughing at you. Be with those who sincerely encourage and help you.
This personal growth experience provides advice on self-awareness, self-improvement, and overcoming difficulties, which helps individuals promote growth in various aspects.
3
WealthyJinli
There are five major social strata in today's society. Which stratum do you belong to?
The first circle: the circle of workers
Migrant workers rely on selling their time and labor to earn money and make a living through commissions.
The people in this circle think every day about what to eat, what to play after work, what clothes to wear, and what car to buy.
On a daily basis, the basic faces at work are the boss, customers, and colleagues.
Every day we talk about some entertainment, news, and family matters.
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The second circle: the circle of businessmen
People like this, all they think about is how to make a profit. How to make a price difference from the product? How to sell the product?
All day long, I'm thinking about where the next opportunity lies. When will the next opportunity appear?
They basically talk to their friends about the quality of the products, where the sales channels are, and where the resources that can be used are.
People in this circle basically spend all day running around in the market.
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The third circle: the circle of entrepreneurs
What products to iterate all day long? How to upgrade products? How to optimize the profit model?
They earn the valuation of the project, the valuation of the product, the valuation of the company, etc.
Talk to people around you about the industry situation, money-making models, and the value of products.
The people in this circle have a strong ability to learn, and they maintain communication with capable people for a long time, persistently learning and improving every day.
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The fourth circle: the circle of investors
How does this circle of people constantly think about how capital operates? What is the essence of society? How to study human nature? etc.
They are talking about trends, they are talking about policies, etc.
Do people in this circle think every day about how to improve their cognition? How to study business thinking? How to study money-making thinking?
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The fifth layer: the circle of thinkers
People like this earn historical fame and prestige. They think about the direction of human civilization and constantly ponder how to plan and spread ideas.
What people talk about is cognition, human thought, philosophy, and other grand knowledge.
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So which circle are you in?
3
WealthyJinli
Why did the current market lead to a certain panic, the reason for the falls? Longest of you may not be paying attention to the overall market. If playing coins. Either you are idle and don't pay attention to the market for a long time, just take it, and don't pay attention to any market. And what about the second. Or keep an eye on changes and forecasts in the market. "The 12th and 13th are the days after tomorrow and the day after tomorrow are worth paying attention to"
Currently, the Federal Reserve is facing the challenge of tightening interest rate policies, especially after last Friday's release of better-than-expected employment data, which has once again lowered market expectations of a rate cut by the Fed. The strong job market, especially the rebound in wage growth, indicates that the pace of inflation decline may be slower than expected, which may make the Fed more focused on controlling inflation rather than stimulating the job market when making policy decisions.
If the inflation data for May continues to be strong, the possibility of the Fed's interest rate cut within the year will be greatly reduced. This week, attention needs to be paid to the Fed's interest rate decision, which will hold a two-day policy meeting on June 12-13 and release a summary of economic expectations and an interest rate dot plot, which will be the focus of market attention.
Based on current analysis, the Fed's policy determination seems to have strengthened, mainly due to strong and sustained economic data. The Fed needs more time to evaluate the economic conditions, so the market generally expects the Fed to only cut interest rates a limited number of times this year, or even not at all.
It is worth noting that despite the better-than-expected non-farm payroll data last week, the rise in the unemployment rate indicates that the Federal Reserve needs to avoid excessive cooling of the economy while restraining inflation. This complex economic environment may be one of the reasons why risk assets including Bitcoin have experienced relatively small declines recently.
BTC-0.67%
3
WealthyJinli
To see through the heart of others is to achieve twice the result with half the effort.
Most men don't have love. If you give them the word "love" to read, they will read it as "fertilization".
Many times they are in love, partly out of physiological needs,
There is also a part of it because others have wives, so he wants to have one too.
2, men get close to women, they just want to sleep, don't believe it, let him not touch you all the time and try.
Women approach men, mainly for material and spiritual needs. If you don't believe it, try not to satisfy or care for them.
Men and women will not be idle and courteous, this is the need of human nature!
3, a dog cannot be fed enough, a person cannot be begged well, a wolf cannot be fed well, a soft heart is a disease, deep affection is deadly, the true nature of human nature is: a thousand people taste the tea differently, only because ten thousand people have different hearts.
Being too kind will make you a target for bullying. Being too good to others will be taken for granted. Being too honest will be seen as foolish.
The most foolish thing in the world is to reason with others. Always remember: when in different positions, less is more; in different cognition, there is no need to argue; when the three views are not in harmony, it is a waste of breath.
When the heart is small, everything is a big deal; when the heart is big, everything is trivial. Only by constantly improving one's own vision can one be immune to all kinds of poisons. The mindset determines the way out, and the vision determines the outcome.
5, if someone scolds you once, you remember it for a day; if you remember it for a year, they scolded you for a year; if you remember it until death, this person scolded you for a lifetime.
Although water is gentle, it can penetrate the stone drop by drop. If a person is peaceful, they can bring about a gentle and refreshing influence, and can accomplish great things. Therefore, the best way to maintain good health is to cultivate one's emotions. True independence for a person also means emotional independence.
6, mice never think that what they eat is stolen, flies never feel dirty, and bats don't know they are poisonous. After all, in the world of crows, swans are always guilty.
If the minds are not at the same level, there is no need to conquer each other.
7, the greatest evil in human nature is not selfishness, not greed, not hypocrisy, not arrogance, but making it difficult for others.
Especially after obtaining certain rights and benefits, he uses all kinds of means to make it difficult for those who can be difficult.
8, when you are weak and help others, it is sometimes seen as brown-nosing, and may be thankless. When you are strong, you don't need to help, just a word of encouragement will move the other person deeply.
Conscience, like talent, exists or not. It cannot be awakened.
9. If you find that you have fewer and fewer friends around you, don't suspect that there is something wrong with your personality and way of dealing with people.
The main reason is that you are becoming more and more down-and-out, and your so-called friends think that you are no longer valuable, so they don't want to play with you anymore.
There is only one fundamental relationship between people, which is based on interests. Only with long-term mutual benefit can there be a lasting relationship.
What you need to do is to constantly increase your own value. With enough value, many loves, friendships, and family relationships will come to you without you having to chase after them.
Believe it or not, you just give it a try, have you ever experienced the experience of a group of women taking the initiative to confess to you?
The spiritual joy and self-fulfillment are simply a paradise on earth!
10. Whoever this kind of person is with is a disaster for whomever he is. If you encounter it, be sure to stay away.
Like to find fault, dislike everyone. Accustomed to avoiding responsibility and blaming external factors for mistakes.
The tongue is more hurtful than a knife. A sharp knife can heal a cut, but hurtful words can leave lasting scars.
11, the greatest sorrow for a woman is loving the man who plays with her, and playing with the man who loves her. In the end, she shouts to the world that there is not a good man.
Men with money are changing women. Men without money are desperately trying to earn money, buy cars and houses, prepare dowries, and exchange women who have been exchanged by countless wealthy men.
12, don't chat with the opposite sex if there's nothing important. No one will be unconditionally nice to you and take care of everything for you. Occasionally chatting is being friends, but chatting every day is ambiguous.
Not understanding rejection is digging a hole for oneself, giving others opportunities. Don't pretend to be confused when you already understand. We are all adults, don't pretend not to know what the other party wants to do. Self-discipline is more important.
13, if a person only has kindness, but does not quietly accumulate ability, he will become a dispensable person and be looked down upon.
14, nothing in this world happens suddenly, it's just that you suddenly know.
15, you don't like this world, you don't like this life, in fact, if you dig down to the bottom, it must be that you don't like the current you.
16, the biggest difference between people is the difference above the neck. Making money is not difficult in itself.
Either your direction is wrong, or your method is wrong.
To have the right direction and the right approach, you must first change your mindset.
In any era, only 20% of people are thinking, and the remaining 80% are entertaining. Being one of the 20% is already half successful.
18, 80% of the wealth is held by 20% of the people; 90% of the persistence is held by 10% of the early risers.
In 80% of the time, you are not dealing with people, but with human nature.
RATS-6.01%
7
WealthyJinli
The top three leading currencies in the 14 major zones, for investors' reference:
MEME Coin Zone: shib, doge, floki and other popular meme coins, as well as emerging potential currencies such as troll, pepe, people, bonk, wif, etc.
AI Zone: Pay attention to coins like agix, fet, wld that lead AI technology, and don't overlook emerging coins like ai, nmr.
Public chain zone: btc, eth and other established public chains remain stable, while sol, matic, ftm and other emerging public chains are also worth following.
Layer2 zone: op, arb, ckb and other technically advanced currencies, as well as promising projects such as apt, metis, imx, etc.
2024 Halving Zone: Coins such as btc, bch, bsv, etc. that will undergo halving in 2024 are expected to trigger a new wave of market frenzy.
Gamefi zone: axs, ygg, sand and other gaming currencies, as well as mana, gala, enj and other creative projects.
Oracle Machine Zone: link, api3, trb and other currencies that provide data services to assist in the accurate execution of smart contracts.
Payment Concept Zone: mob, ach, xlm, etc. are committed to payment innovation, providing more possibilities for digital currency payments.
Inscription Zone: Follow unique and creative inscription currencies such as ordi, sats, rats, etc.
Storage zone: fil, ar, storj and other currencies that provide decentralized storage services to ensure data security and privacy.
DeFi Sector: Coins such as aave, ftm, rdnt leading the DeFi industry, providing investors with more financial freedom.
NFT Zone: ape, blur, x2y2 and other popular NFT currencies, as well as projects with artistic value such as looks, dego, xai.
Modular Zones: Coins like tia, matic, dym, etc. that provide modular solutions to lower the threshold for blockchain application development.
DEX zone: uni, sushi, dydx and other decentralized exchange coins, providing a safe and efficient trading experience.
MEME-0.94%
SHIB-1.28%
DOGE-0.22%
FLOKI-0.82%
3
WealthyJinli
In our trading, especially in the opening, holding, and exiting of the trading system, we need to pay attention to the overall shape of the candlestick chart. Below are several common and important combinations of candlestick chart patterns that we have compiled, hoping to provide learning references for everyone's trading. Thank you!
Several points to note
(1) Those whose head and shoulders are not proportional should not be considered as head and shoulders (bottom), and should not apply the operational strategies of head and shoulders (bottom).
(2) In theory, the trading volume of the left shoulder of the head and shoulders pattern is the largest, followed by the head, and the right shoulder is the smallest. However, this is not always the case.
(3) Breaking the neckline is an important condition for confirming the head and shoulders top (bottom).
(4) After the formation of the head and shoulders (bottom) pattern, when the price breaks through the neckline, the trading volume will experience a low point in the following short period of time. This is a sign of market hesitation. After that, there is usually a process of rebound, causing the price to test the neckline level again.
Triple top or bottom is a very rare pattern, which has only slight differences from the head and shoulders pattern. Its characteristic is that the heights or depths of the three peaks or valleys are almost the same. It is often difficult to distinguish whether a pattern is a head and shoulders or a triple top, but fortunately, the meanings represented by the two patterns are the same.
Double bottom reversal refers to the formation of two peaks at the top or bottom of the price, often referred to as the "M" or "W" reversal.
The double bottom reversal pattern does not necessarily mean a price reversal, it may also be supported by the support line as the price falls back to the neckline and pumps. At this time, the price moves within the area between the support line and the previous two high points, forming various patterns such as triple tops, triangles, etc., but this possibility is very small.
The further the distance between the two peaks, that is, the longer the duration of the formation of the two tops and bottoms, the greater the potential for a double top reversal in the future, and the more intense the fluctuation after the reversal.
After the double peak pattern breaks through, the rise (fall) is 1-3 times the height of the pattern itself.
A standard triangle adjustment pattern contains 5 edges and 6 points, and each edge consists of a 3-wave structure, and ideally, the amplitude of each edge is 61.8% of the previous edge. Understanding the internal structure of the triangle helps us to timely follow the market rhythm in the process of gradually determining the actual trend.
W-3.96%
3
WealthyJinli
Before the bull market arrives, it is necessary to be clear about the major zones and currencies. If you really don't know what to buy, then buy one leader from each zone!【follow! bookmark!】💹💹💹
1, public chain zone
ETH, SOL, MATIC, FTM, ADA, AVAX, DOT, ATOM
2, MEME section
DOGE, SHIB, PEPE, FLOKI, DOGE, BONK, PEOPEL
3. AI sector
AGIX, WLD, FET, AI, NEAR, AR, RNDR
4. LAYER2 section
OP, ARB, METIS, IMX, MANTA, EGLD, MNT
5, 2024 Halving Zone
ZEC, ZEN, DASH
6. GAMEFI section
YGG, GALA, ENJ, RON, PIXEL, ACE, ILV, MAGIC
7, Oracle Machine zone
TRB, LINK, API3, TRB, BAND
8. Payment Concept Zone
MOB, ACH, XLM, CELO
9, inscription zone
ORDI、SATS、RATS
10. Storage Zone
AR, FIL, STORJ, BLZ
11, DEFI sector
AAVE, COMP, RDNT, CRV, MKR, AVAX, DYDX
12, NFT section
BLUR, LOOKS, DEGO
13, modular zone
TIA, MANTA, DYM, ALT,
14, Sports zone
CHZ, SANTOS, POR, CITY, OG
Once you have made your choice, hold onto it. As long as you hold onto it, there will be a return in one cycle, and no one can play you for a sucker. Remember not to be fickle and trade back and forth!
ETH-1.26%
SOL-0.77%
5
WealthyJinli
Among the vast sea of ancient Chinese books, 'The Four Books of Enlightenment' has become a classic work handed down through the ages for its profound philosophy of life and practical moral education.
This book is not only a story about fate and cultivation, but also a wisdom book that guides people on how to deal with the world and how to grow up.
Here are 21 insights I have extracted from the book 'Liao Fan's Four Lessons'. Each one of them is thought-provoking and can guide us to navigate skillfully in the complex workplace and life.
1. Attitude is everything: Yuan Liaofan's story tells us that a positive attitude can change fate, while a negative attitude can limit potential.
2. Self-cultivation: Personal cultivation is the foundation of all achievements. Only by constantly self-reflecting and improving moral qualities can one establish good interpersonal relationships in the workplace and win respect.
3. Knowing one's destiny but not being bound by it: Understand the trend of one's life, but do not be confined by fate. Through efforts, we can change our destiny and create a different future.
4. Honesty as the root: No matter what the situation, honesty is the foundation of life. It can win trust for us and establish long-term cooperative relationships.
5. Acts of kindness and accumulation of virtue: Doing good deeds without seeking recognition and accumulating virtue through acts of kindness not only helps others but also enhances one's personal charisma in an intangible way.
6. Patience accomplishes great things: when facing challenges and difficulties, maintaining patience and perseverance often leads to extraordinary accomplishments.
7. Humility makes progress: humility makes people constantly learn, and pride makes people stagnate.
8. Forgiving others, freeing yourself: Forgiving others' mistakes not only repairs relationships, but also releases the shackles on your own soul.
9. Clear goals and decisive action: setting clear goals and taking decisive action are the keys to realizing dreams.
10. Contentment brings happiness: Learn to be content and enjoy every bit of beauty in life, only then can you truly experience happiness and joy.
11. Be kind to others: treating others well leaves room for yourself. The virtuous cycle of interpersonal relationships will bring more opportunities and help.
12. Growing in Adversity: Adversity is not a stumbling block, but a stepping stone to growth. Find opportunities in difficulties and make yourself stronger.
13. Lifelong learning: continuously learning new knowledge can not only improve oneself, but also adapt to the constantly changing world.
14. Lead by Example: Setting a good example and influencing others through one's actions is more effective than simply teaching through words.
15. Repay Kindness: Be grateful to those who have helped you in your life and repay them when possible.
16. Willingness to take responsibility: Being willing to take responsibility is not only being accountable to oneself, but also showing respect to others.
17. Balancing Work and Life: While work is important, so is life. Finding the balance between the two is the key to having a fulfilling life.
18. Listen to others: Listening to others' opinions and needs not only enhances understanding, but also helps to build deeper interpersonal relationships.
19. Adaptation to changes: Changes are the norm in life. Learning to adapt to changes and be flexible is essential for survival and development in any environment.
20. Work with moderation: everything should be done in moderation, avoiding excess. Finding a balance in work and life is a manifestation of wisdom.
21. Priority on health: the body is the capital of revolution. Maintaining good physical health and mental state is the prerequisite for achieving all goals.
The Book of Exhortations is not just a book, it is a lighthouse that illuminates the direction for people to move forward in a complex society.
These 21 insights are like 21 seeds of wisdom, planted in our hearts, waiting to take root and sprout in reflection and practice, ultimately bearing abundant fruit.
In the competition of the workplace, these experiences can help us better position ourselves, handle interpersonal relationships, improve ourselves, and ultimately achieve success in our careers.
In life, they are the guiding lights that lead us to a more peaceful and happy life.
5
WealthyJinli
Can you trust what a gambler says?
After losing more than 2 million between November 2023 and January 2024, he quit gambling until May 20, 2024, and resumed gambling, starting from the Lakers, through the Korean Basketball League, Australian basketball, and three CBA games in the evening, all lost, totaling 380,000 (Industrial and Commercial Bank Rong e loan 200, PPDai 180). Now he's really in trouble!
As for why you would gamble again, the reason is quite funny. Watching others play cryptocurrency contracts is very exciting. With an initial investment of one or two thousand, you can speculate up to 100,000. So, he thought of making 20,000 with basketball. He rushed into the contract, starting with 2,000 each time. As long as he succeeded once, he would make a steady profit. If he lost, it was all money earned from basketball, so he wouldn't lose. It's really bewitching, the thief's heart is not dead, serves him right!
After losing, he confessed to his family at that time, because he couldn't hide it, the whole family was jumping again, the daughter-in-law said that she had to divorce, and the debt was stopped by herself, she didn't care, she loved to die, don't pull her and the child, yes, you really can't pull him, he really wanted to die at that time, but what about the elderly parents, what to do with the child in the future, because he died, there will definitely be news, secondly, he himself is afraid of death, and in the end he still didn't die.
Yesterday, a bunch of his wife's family came to the house. First, there was a lot of criticism, which is normal. They all have such high education, how could they be so silly? Now what? Can't even keep a job. What to do now? How to live? What about the wife and kids? Especially the kids, it will affect their future. So divorce is necessary, and can only agree. Then there was another round of criticism. Why did a good life suddenly fall into the abyss in just a few months? He also wants to ask himself, sigh.
However, family members are still kind-hearted, or perhaps they are unwilling to break up a marriage even if it means burning a bridge. In the end, they let out all the gold jewelry in the house because her uncle is in this business. The price of gold is high now, and he calculated 501 yuan per gram, eventually selling for 45,000.
Then ask how much more must be repaid, because the 180,000 borrowed from PPDAI must be repaid, and the 135,000 borrowed from Meimei must be repaid, but he found someone to use his account the day before yesterday, and 4.5 were repaid, so 9 are still owed.
In the end, my family decided to lend me the money to help him get through this difficult time. But if he gambles again, then he will be divorced without any discussion. I thought that we would definitely divorce, but I did not expect them to give him another chance in the end. He said he believed that he would not gamble again. First, his phone number was really disabled, and second, all his mobile banking verification phones were changed to his wife's.
Although they did not get divorced, their future will be even more difficult. I don't know what will happen in the future. Gambling for fun hurts the body, while excessive gambling ruins lives! I hope those who want to gamble again will take this as a warning. He can only work for the bank for the next ten years.
3
WealthyJinli
The altcoin frenzy in October 2024 is coming! Why do you say that? Analyzing the long-term trends of BTC, BTC-D, and ETH/BTC can draw the following conclusions:
1. Observing historical data, BTC entered the third stage of the main uptrend wave two months after the halving.
2. The market share of Bitcoin (BTC-D) peaked in December 2020, seven months after the halving, and then began to decline.
3. ETH/BTC bottomed out in December 2020. Afterwards, ETH, as the leader of AltCoins, began to strengthen.
4. The pace of this bull market is faster than in 2021, so it is predicted that BTC-D will reach its peak six months after halving, which is October, with an estimated market share between 57% and 60%.
5. Ethereum ETF is expected to be launched in July, and the bottom of ETH/BTC may appear earlier, but a significant pump may have to wait until after October.
Why do alts break out in the later stage of a bull market?
1. The project party of the altcoin is short of funds. From the bear market to the beginning of the bull market, in order to maintain operation, they have to continue selling coins;
2. In the later stages of a bull market, large investors will take some profits from BTC and invest in altcoins, driving market bubbles, which is both a celebration and a harvest;
3. During the market frenzy, the project team can only dump better by raising prices.
Response strategy:
1. By October 2024, the investment portfolio will consist of 50% BTC, 30% ETH/SOL/BNB, and 20% popular altcoins.
2. At the end of October, it is expected that the main upward wave of BTC will end. Adjust the investment portfolio to 30% BTC, 40% ETH/SOL/BNB, and 30% popular altcoins;
3. At the end of December, it is expected that BTC will be close to the top. Adjust the investment portfolio to 30% USDT for arbitrage, 30% ETH/SOL/BNB, and 40% popular altcoins.
4. By the end of March 2025, it is expected that the altcoin craze will be nearing its end. 90% of the funds will be converted to USDT, while 10% will be reserved for popular altcoins.
5. Starting from April 2025, liquidate all cryptocurrency investments and focus on the US stock market.
BTC and ETH lead the altcoins to launch a surprise attack at night. The altcoins left a mess everywhere.
What is the next trend of the market?
BTC fell below the 70,000 mark mainly due to the negative non-farm payroll data of 27.5, coupled with the news that the Fed's first interest rate cut is expected to be delayed until November, causing a collective nosedive in the market. It feels more like the market is too FOMO, and the dealers cooperate with the news to wash out the high leverage! After today's decline, it looks weak and oscillating, waiting for a rebound and pullback. The leverage of altcoins has been basically cleared, and there is only room for an upward trend after the leverage is cleared! When the trend is approaching, the market will fluctuate abnormally, with the sole purpose of getting whipsawed out of positions! The decline in a bull market is only temporary, it will always come back. Just like a roller coaster, it will rise back up as much as it falls. Then, the market will go through several waves in the order of new highs, pullbacks, sideways movement, rebounds, and then new highs again. This is the charm of a bull market. The recent long wick candles are relatively good entry points! Su Zhu just bought ETH long positions again at a price of $3,700. FOMO turning into fear is the best opportunity to get on board! The downside is limited, and the weekend will grind at the bottom, opening a new trend!
BTC-0.67%
ETH-1.26%
SOL-0.77%
BNB-0.76%
6
WealthyJinli
Newbie's advice on entering the crypto world:
① First familiarize yourself with the trading software, look at the interface, use tools to query currencies, study the zones well every day, you don't have to buy, observe the trends, and use them when reviewing, basic cryptocurrency traders around you can tell you that if you want to succeed, you must first prepare the tools.
②Position yourself well. First, based on your own personality traits (such as being impulsive or timid), your family background (single youth or married with children), and your financial situation (salary, family wealth, leveraged funds), choose a mode that suits you.
③ Divide your funds into several parts, take a portion of the money to play first, treat it as buying experience. If you lose, summarize how the money was lost, correct your own pattern, and don't blindly add money without summarizing. Otherwise, you will end up in a bad situation. You have officially entered the pit.
④ Trading coins is a lonely journey. It is important to cultivate independent thinking and be able to communicate with others while having your own ideas!
When you are making stable profits and feel that you have less money, you need to invest more and be alert. This may be an illusion, perhaps the market is just fitting your pattern, as they say, you got lucky. At this time, you need to be clear-headed, you can add more money, but always leave room for error, so that you won't suffer too much if you fail.
There have been several times of 50% Slump, some things that others tell you, you can't understand until you have experienced them all. When you can really stabilize and make a profit, your ability must be ahead of your account funds, then you can consider adding money to grow stronger.
⑦Give yourself a deadline, not to achieve greatness in a long time, just not to lose money, don't let cryptocurrency speculation ruin your life, you still have many roles and responsibilities to fulfill in reality. Cryptocurrency traders are selfish, don't lose yourself.
⑧Once entering the crypto world, everything is like a drop in the ocean.
5
WealthyJinli
Tonight at 20:30, the US Department of Labor will release the May unemployment rate data, while the US Bureau of Labor Statistics will also release the seasonally adjusted non-farm payroll data for May. These data are crucial for investors. Learn more in the 'Analysis of Knowledge 📈' #crypto world.
The unemployment rate is a key indicator in the US employment report, reflecting the proportion of the unemployed population to the labor force during a certain period of time. Specifically, this ratio represents the proportion of the labor force that is willing to work but has not yet found employment to the total employed population. The unemployment rate is an important indicator of measuring the idle capacity of a country or region's labor market, as well as a key signal reflecting the economic health.
The impact of the unemployment rate on the price of Bitcoin is mainly through two channels: investor sentiment and monetary policy. High unemployment rates may indicate a poor economic situation, which may increase investors' demand for safe-haven assets, thus driving up the prices of cryptocurrencies such as Bitcoin. Conversely, if the unemployment rate is low, it indicates a good economic situation, and investors may shift funds from cryptocurrencies to traditional markets, thereby putting pressure on the price of Bitcoin.
BTC-0.67%
3
WealthyJinli
Some thoughts on this round of altcoin season:
Playing this round of altcoin cycle according to the logic of the previous round will inevitably lead to a psychological breakdown.
One, the so-called alt season:
1. Like the last round, all coins rise, regardless of whether they are new or old coins.
2. The rise is consistent with the previous cycle, then it is called a rise, then it is called alt season
Actually, many altcoin zones have already grown relatively large in this bull market. If you didn't make money, it's because:
1. Step on the wrong rhythm and miss the big pump zone
2. Late admission, high chip cost.
For example, the wld you bought at 9u and the ordi you bought at 70u, you just said it's garbage, there's no copycat season, look how much they have risen from the bottom, why didn't you buy early?
Both of the above altcoins belong to the local hot spot season of altcoins,
Suckers holding old coins, don't even dream that all old coins will reach the previous high, or even break the previous high, not every coin is inj
Most old coins have exited the historical stage, but in the final stage of a bull market, they will always make a final appearance, indicating respect for the bull market.
The core of the local hot season altcoin: the narrative of the bull market important speculation
Altcoins that can complete the bull market cycle task:
1. Old coins: Concentrated chips, project team is still working, able to keep up with market hotspots, timely adaption, marketing hype.
2. New coin: Concentrated chips, no loss-making positions, undergo a certain period of whipsaw
3、top exchanges online, this is the premise to ensure the continuity of the market.
2. We need to see reality clearly:
1. The number of altcoins is several orders of magnitude higher than in 2021, and the market capitalization is also the same.
2. The overall increase in each bull market cycle is decreasing.
3. Even with this round of interest rate cuts, the scale is likely to be smaller than that of 20 years ago.
4. The water of interest rate cuts will still only flow into the hot projects in the market.
This round of altcoin is still proceeding according to the logic of the bull market, and local hotspots will continue to emerge, but they will not be repeated in just one hotspot, and there will still be rotation.
Interest rate cuts will not bring a general rise in the altcoin season, but will only make the hot season hotter!
New funds keep pouring in, allowing local altcoins to experience larger gains (but still not as explosive as during the previous bull market). Liquidity increases, and the ebb and flow will not be as fast as it is now, but rather gradually slow down.
So the hot spots rotate like this, which is actually no different from the altcoin season, as long as you're not stupid, you can at least rotate as long as you don't hold altcoins like sushi crv all the time.
The era of making money by lying down has passed, and smart suckers make more money in bull markets than those who work with their hands.
WLD-5.61%
ORDI-0.28%
INJ-1.67%
SUSHI-1.23%
3
WealthyJinli
Last night caused a overall drop in the crypto world market📉. Everyone take a look and share your opinions. Currently, it's a volatile market. Those who haven't positioned themselves can do so now. The next trend is becoming more and more obvious. It's a major trend. Those who need to position themselves should do so in a timely manner. #BTC
The non-farm payroll data last night did attract widespread attention in the market. The unemployment rate rose to 4%, which exceeded the expectations of many investors, but it was in line with the Fed's expectations. Usually, a rise in the unemployment rate means a decrease in employment, but this time the employment data increased significantly, which is worth noting (although the accuracy of the Fed's data has been questioned many times).
Previously, Powell stated that if the unemployment rate exceeds 4%, they will reconsider the pace of interest rate cuts (i.e., accelerate the pace of interest rate cuts). Now that the unemployment rate has reached this level, whether the policy will be adjusted depends on the decision of the next week's Fed interest rate meeting and the guidance of the dot plot.
Summary: I believe there is a greater possibility of a pullback in the dot plot becoming two rate cuts, the key is whether the market has already priced in this expectation. If the market has not fully priced in this expectation, a pullback may occur. However, the current data is indeed somewhat strange, with rare cases of job growth but an increase in the unemployment rate. This may be due to immigration and normalization after the pandemic, or it may be that Americans have spent all the money the government previously issued and savings have bottomed out, leading to a return to the job market. These factors make the situation somewhat complicated.
BTC-0.67%
4
WealthyJinli
When will AltCoin flourish? Three major events will be revealed this month
When does the alt season begin?
Based on BTC, BTC-D and the long-term analysis of ETH/BTC trend, in the comparative trend chart from 2019 to 2022, it can be found that:
1. In 2020, two months after the Halving, the BTC will start the third wave of the main ascension pump;
2. The bitcoin market dominance (BTC-D) peaked in December 2020, 7 months after the halving, and then began to decline all the way.
3. After hitting bottom in December 20, ETH, the king of altcoins, began to gain momentum.
4. This bull market has a faster pace than the bull market in 2021, so it is speculated that BTC-D is expected to peak in October, 6 months after the halving, with a predicted range of 57%-60%.
5. Ethereum ETF is expected to be launched in July, and the bottom time of ETH/BTC is estimated to be advanced, but to achieve great results, it still needs to wait until after October.
BTC-0.67%
ETH-1.26%
3
WealthyJinli
How do you view the current market situation and how should you deal with it?
1: Bitcoin spot ETF net inflows were approximately $610 million the day before yesterday and approximately $330 million yesterday, with institutional buying, bullish for the market
2: The Bank of Canada has already started cutting interest rates in advance, and the Fed will also cut interest rates in advance. The interest rate cut market will be speculated in advance.
3: There are many people looking short at this position, with over 1.5 billion USD in short positions waiting to be liquidated at 72000 USD. The shorts will become fuel, making the market even safer. BTC will break through the 73000 point, and altcoins will rise again. It's springtime for altcoins.
4: Bitcoin daily chart is very bullish! There are no signs of a top, and after consolidation and recovery, it will head straight to 75k next week.
BTC-0.67%
5
WealthyJinli
Three Challenges for Novice Traders
▶️First step: Short Position
Can you watch the market every day and stay short for a week or even a month, or even longer? This is the first hurdle, a very difficult one to overcome. Being short is also an operation, and it is a high-level operation, but it is also the most difficult to operate. Being short is a prerequisite for profit, and it is the best way to avoid the market cap falling, because only by being short can you keep a clear head.
Don't be afraid of going short and miss out on opportunities, because the market is full of countless opportunities. Taking timely breaks is a manifestation of a calm mind. Those who don't take breaks can be said to not know how to work.
▶️The second hurdle: calm
Other assets are all pumping, but yours is falling. Do you feel lost? If you feel very lost, do you have the urge to switch assets?
On the contrary, while other assets are pumping, your coin is falling. Do you feel excited and want to post about it regardless of others' feelings? If both are true, it means you have a restless mentality and need to overcome the second hurdle, not rejoicing in the pump, not grieving in the dump.
There is a sequence in the rotation of the market, and there are rules in the start. As long as there is patience and opportunity, embrace value and logic.
▶️Third Hurdle: Discipline
Have you clung to the lucky mentality after breaking through the important support line? Do you expect a miracle when it continues to fall? If so, you still have a long way to go, and this is the third and most difficult obstacle, which most participants cannot overcome. When a target breaks through and plummets, you must consider whether your initial expectations are still valid and whether the future logic has changed. Leave decisively at the first opportunity.
4
WealthyJinli
Organized and shared 16 life hacks!!!
1. Wrong person for the message? Quickly put your phone in airplane mode, and when the message cannot be sent, you can easily delete it.
2. The neutral pen broke and the pen tip was soaked in hot water for a while to fix it.
3. Applying white sugar to a scalded wound can quickly reduce heat and is more effective than scald ointment.
4. Put a bar of soap in the wardrobe, and the clothes taken out later will be fragrant, which is more effective than spraying perfume.
5. If you have a cold and your nose is not breathing, quickly rub your coccyx and ventilate instantly in five seconds.
6. There is often a strange smell in the refrigerator. Putting a roll of paper inside can effectively eliminate the odor.
7. It is not easy to clean the dirty keyboard. Taking a paper clip, straightening it, and wrapping it with double-sided tape is simply a tool for picking up dust.
8. When you go to the bathroom in places like hotels and inns, touch the mirror with your finger. If there is a distance between your fingertip and the image in the mirror, it is a one-way mirror; if there is no distance between your fingertip and the image in the mirror, it is a two-way mirror, and you may be exposed to the sight of others.
9. If chewing gum sticks to your clothes, you can remove it by putting it in the freezer.
10. Before cutting the cake, scald the knife with hot water so the cream won't stick to it.
11. Cutting onions makes your eyes water? Freeze the onion for a minute before cutting to quickly solve this problem.
12. Want mung beans to sprout? First, add hot water, cool it down, freeze it, and then cook it again. The mung beans will be refreshing and sprout, and the taste is excellent.
13, drinking Wuhhei porridge can make the color of the nails become pink, and persistence will be effective.
14. The ionic hair dryer can indeed make hair less frizzy and smoother.
15. When defecating, you can place a tissue paper under the toilet to prevent splashing into the water when it hits the water.
16. Use the peeled potato skin to wipe the limescale on the faucet. It will shine like new immediately.
8
WealthyJinli
Ten traits that will make you wealthy, especially the last one is the most fatal:
1. Freeloading, likes to take advantage.
2. Thin-skinned, often engaged in internal friction due to other people's words.
3. Pretend to be noble, habitually envy, jealous and hateful.
4. Sleazy and not generous, dare not express inner thoughts.
5. Stingy, picky with others, even more so with oneself.
6. Arrogant and unwilling to collaborate.
7. Short-sighted, anxious, and play people for suckers.
8. Arguing over trivial matters like chicken feathers and garlic skins.
9. Narrow-minded, unaware of the diversity of things.
10, ungrateful, taking the resources of the benefactor as one's own ability, and even burning bridges when they've served their purpose
5
WealthyJinli
Interpretation of the essence of the crypto world gameplay-2024 version that hits the heart
Stake: If you cannot bear the risk of 100% principal loss, you do not deserve the 3% stake interest.
Mining: If you can't afford a mining rig that costs tens of thousands of yuan, you don't deserve to receive the mining revenue of a few cents per day.
Furiously: If you can't survive the three-year epidemic and two-year bear market, you don't deserve to wait for the airdrop of the project.
Rune: If you can't afford the gas fee of 1000u, you don't deserve to cast a rune worth 100u.
Copy Trading: If you don't have the courage to get liquidated with the profitable master, you don't deserve to speculate on cryptocurrencies with the master.
Borrowing: Without the willingness to pay tens of percent in fees, don't expect to borrow money from the platform.
Bricklaying: If you can't handle being stuck on-chain for days and unexpected big pump in gas, you don't deserve that 0.0001% profit.
Contract: Without the experience of having all chips taken away by a nurse with a needle, don't expect to make easy money with contracts.
Meme tokens: If you don't have the courage to lose everything and start over, you don't deserve to invest in the once-in-a-century big golden dog.
GAS-0.57%
3