In the cryptocurrency world for 8 years, I have seen too many people get rich overnight and also too many who lost everything! Today, let's talk about the correct way to play with cryptocurrencies!
Remember one thing: only play with spare money!
What is spare money? It is the money that you can afford to lose without affecting your ability to eat, sleep, or pay your mortgage and car loan!
The biggest benefit of playing with spare money in cryptocurrency is:
1. Stabilize the fundamentals: Even if it goes to zero, you can still live well, without your family falling apart and ending up on the streets!
2. Stay calm: The bear market has come, and when the fall makes you question life, you will not panic, you will not sell at a loss to repay debts, and you will not incur more losses!
Never borrow money to trade cryptocurrencies, and definitely don't touch leveraged contracts!
The cryptocurrency market is inherently volatile, and market makers cutting韭菜 is a common occurrence. Borrowing money and using leverage is like playing with fire; the risks are even greater than going to war!
🔥 Current Market Guide (2025 Easy Profit Version )
$BTC : Yesterday it dropped all day, then rose after the U.S. Core PCE data was released in the evening. After the U.S. stock market opened, it continued to fall, returning to the last low point. If it recovers, it will form a double bottom; if it doesn't recover, it will need to test the bottom again.
$BNB : Follows the volatility of Bitcoin, stronger than Bitcoin as it hasn't broken the last low point. The strengthening of the platform coin sector indicates that the market is nearing its end, and we are in the final three months of the carnival time!
$ETH : Continuing to show weakness, too many profit-taking positions are still being washed out, and the hundreds of thousands waiting to stake are about to come out, be careful! I have taken profits in batches, and if it continues to rise, I will keep selling, clearing out at 5500!
Some important news from yesterday:
1. The strategic Solana reserve currently holds approximately 8.7 million SOL, valued at 1.8 billion USD.
2. The core PCE price index in the U.S. for July has a year-on-year rate of 2.9%, marking the highest level since February 2025, and traders still expect the Federal Reserve to cut interest rates in September.
Speaking of today's daily BTC technical market analysis, from the K-line perspective, the 1-hour level is consolidating and waiting for a rise, the 4-hour level is consolidating, the 12-hour level is falling, and the daily level is falling, with an intraday resistance of 111500 and a support level of 105500 US dollars.
Disclaimer: Personal operation diary, not investment advice! This article comes with a 50% counter-indicator buff, don't blame me if the market hits back
#Bitcoin CryptoNews @KaitoAI @cookiedotfun
