佛文BTC

#币安钱包TGE
When the meme frenzy hit Binance's BSC, if you're not trading internally, make sure to use Binance Wallet's trending feature—it's a product that reflects high user attention. Use it wisely and you might be surprised.

Recently, both Binance Web3 Wallet traffic and热度 have surged. If you haven't entered an invite code in the Binance Web3 Wallet yet, pay attention: the official campaign is live, and both new and existing users can enter the referral code: VIP19. After entering, you'll get a 30% discount—without it, no discount will be applied automatically by Binance.

#币安上线币安人生
Binance Web3 has recently launched several cash giveaway events: one is the USDD live campaign that has already started, and the other is the USDT campaign, offering 500,000 and 300,000 rewards respectively—all to be participated in via the Binance Web3 Wallet. The 300,000 reward campaign lasts for two months. If you're aiming to maximize your gains, act fast—earlier participation means a larger share in the early rounds. #CryptoMarketInsights #web3钱包

Binance Exchange (Referral Code: VIP19):
https://www.binance.com/zh-CN/join?ref=VIP19

Binance Web3 Wallet (Referral Code: VIP19)
https://web3.binance.com/referral?ref=VIP19

Binance Exchange for Chinese-speaking regions:
https://www.bmwweb.academy/join?ref=VIP19

Binance Web3 Wallet (Referral Code: VIP19):
https://web3.binance.com/referral?ref=VIP19

$币安人生
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It's started! The first one is USDD, which has already begun, and the second is USDT, starting tomorrow. This is a 500,000 reward, and another 300,000 reward, both available in Binance Wallet. The 300,000 reward lasts for two months. If you want to participate, act quickly— the faster you join, the more you can claim in the early stages.

If you haven't filled in your referral code in Binance Wallet, please note: the official is running a promotion now—both new and existing users can enter the referral code: VIP19. After entering, you'll get a 30-point discount. Without it, no discount will be applied— the system will automatically apply the discount for you.

Binance Exchange (Referral Code: VIP19):
https://www.binance.com/zh-CN/join?ref=VIP19

Binance Web3 Wallet (Referral Code: VIP19)
https://web3.binance.com/referral?ref=VIP19

Binance Exchange for Chinese-speaking regions:
https://www.maxweb.chat/zh-CN/join?ref=VIP19

Binance Web3 Wallet (Referral Code: VIP19):
https://web3.binance.com/referral?ref=VIP19

#加密市场观察
$BTC
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Cognition is indeed a person's greatest limitation. It's like during school years when buying shower gel, one only knew that a fragrant big brand was good. Now that I have grown up, I realize those products are of poor quality, filled with fragrances; only truly natural and plant-based ones are relatively better.

The same goes for the market. In the past, I often mocked those who were conservative and only bought the big coins, not understanding why altcoins were so profitable. Only after experiencing the cycles myself do I understand.

Always keep learning, maintain curiosity about the world, and strive to be a better person.

#Strategy增持比特币
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There have been two instances of a dramatic surge in gold and silver in history, both ending quite badly.
The first was from 1979 to 1980, when gold skyrocketed from $200 to $850 in a year, and silver surged from $6 to $50.
As a result, two months after hitting the peak, gold was cut in half, and silver lost two-thirds of its value, entering a freezing period that lasted 20 years.

The second instance was from 2010 to 2011, when gold rose from $1,000 to $1,921, and silver again surged to $50.
After the spike, gold pulled back 45%, silver dropped 70%, and then it was several years of a downward trend and sideways movement.

In both instances of surges, the background was either an oil crisis, severe inflation, or rampant liquidity after a financial crisis.
The crazier the rise, the harsher the fall became almost a law.
Now, this round of market activity has a new script: global central banks increasing their holdings, de-dollarization, and silver still has industrial demand to support it. Some believe this time is different, with central banks providing a safety net, so the decline may be limited.
But history repeatedly proves: after a surge, there must be a pullback, often sudden and deep.
Gold typically pulls back more than 30%, while silver often exceeds 50%.
Currently, the market has detached from historical patterns, and no one knows where the peak is.
But one thing is clear: the more intense the rise, the greater the adjustment will be in the future.

#Strategy增持比特币
$BTC
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In the market, especially in contracts, just doing BTC in this lifetime is enough. Understanding BTC's temperament and memorizing every support and resistance level is sufficient for you to earn.

The main force needs hundreds of billions of dollars to manipulate the prices of BTC and altcoins. The K-line trend relatively respects technical indicators.

If BTC is the ocean, then altcoins are like small ponds. The main force only needs a few million dollars to create a 50% pin bar.

In altcoin contracts, all technical analysis is ineffective. The main force can determine prices by looking at the liquidation charts in the background.

#Strategy增持比特币
$BTC
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The level of a trader's earnings is actually determined by your risk preference.

Many people think that those who earn more do so because they have better skills; in fact, the real difference in earnings comes from how much risk you are willing to take.

With the same system and the same win rate, the earnings curve produced by different people can vary greatly, and the root cause lies in risk preference.

Some people are more conservative, with small positions, low drawdowns, and slow rhythms. Their earnings may not look that impressive, but the curves are stable, and their mindset is steady. Others have a higher risk preference, with heavy positions and large fluctuations. Once they hit the right rhythm, the earnings can be explosive, but the cost is that the drawdowns are also deeper, even leading to direct liquidation.

There is no right or wrong in these two choices, but many people make the mistake of wanting low risk while also wanting high returns, which leads to a state of wanting it both ways; in that case, they will definitely not make money.

Truly mature traders understand their boundaries: how much drawdown their account can withstand, how much volatility their emotions can handle, and whether their life allows for such fluctuations. If these questions are not clear, higher earnings can actually be more dangerous.

So in trading, you must first understand what kind of person you are, how much risk you can bear, and then pursue a level of earnings that suits you, rather than forcing yourself into a position you cannot handle.

#Strategy增持比特币
$BTC
$ETH
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There are often two types of people in investment:

1: Some people are reluctant to part with bait while fishing, yet fantasize about catching a big fish.

They do not want to lose money and are afraid of losing money, yet they fantasize about reaping rewards without effort, like waiting for a rabbit to come by.

2: Some people, in contrast, scatter bait everywhere, believing that miracles will happen.

They fantasize that there is always a fish that will bite.

Yet they waste time and energy in waters without fish.

Why spread bait in waters without fish?

Because they always like to listen to self-deceptive words.

In fact, there has never been any experience or skills learned without losing money or wasting time.

But when they lose, they never verify or summarize.

As a result, they fall into a vicious cycle, blaming their poor vision or the prevalence of scams.

This may sound like a joke,

but it often happens in the investment world.

To go to "fishing in places with fish" is itself a threshold for ordinary people.

But from the threshold to mastery,

it is a distant training ground.

Recently, I have been in Bangkok and Pattaya, Thailand. Interactions at the square have been slightly less, and if everyone needs to save on transaction fees, feel free to use the links below, where both spot and contract trading can enjoy fee discounts.

Binance Exchange (Invitation code: VIP19):
https://www.binance.com/zh-CN/join?ref=VIP19

Binance Web3 Wallet (Invitation Code: VIP19)
https://web3.binance.com/referral?ref=VIP19

Mandarin-speaking Binance Exchange:
https://www.bsmkweb.com/zh-CN/join?ref=VIP19

Binance Web3 Wallet (Invitation Code: VIP19):
https://web3.binance.com/referral?ref=VIP19

The gold has broken historical highs. As a B-circle trader, how do you feel right now as a stock trader buying BTC and ETH in the Web3 circle?

But when you hear: Silver has increased in value over the past month by the entire market cap of Bitcoin.

What do you think? What are you going to do?

#ETH走势分析
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For ordinary people,

overly conservative strategies

and overly aggressive strategies

are difficult to sustain full-time trading for long.

The former cannot withstand the exploitation of time and survival costs.

The latter cannot bear the risk of insufficient backup during downturns.

#ETH走势分析
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Rolling positions means adding to your position only after making a profit, ensuring that the principal is safe.

The actual risk is that with each additional position, your average opening price will quickly converge towards the current price.

If you open a base position at 86k and add to it when it rises to 88k, your overall cost might instantly become 87.5k.

A very small pullback is all it takes for your total account to shift from a large profit to a loss.

With high leverage, this loss could directly breach your margin, leading to liquidation.

Rolling positions is most fearful of volatility. If the long-short game is intense, frequent rolling in a volatile range will continuously raise your stop-loss line.

Even if you ultimately see the big direction correctly, you are likely to get swept out during an intermediate false drop or spike.

Rolling positions can turn a 10% increase into a 500% gain, but a 2% pullback can wipe out 100% of your principal.

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I finally understand:

What destroys traders is not the market, but three types of mental demons:
① Expectation addiction: always wanting to catch every wave, feeling anxious when missing out. But the market is not a lover; it won't give you opportunities just because you try hard.
Diet

② Emotional revenge: after losing once, wanting to win it back quickly; trades made in such moments are 90% the beginning of nightmares.

③ Illusory confidence: after making a little profit, thinking you've figured out the market; in reality, that's just the trend giving you face, not strength. Those who can get past it save themselves, while those who can't keep falling in the same place.

I once thought trading relied on 'courage.' Later I realized that true courage is: being able to go flat when you can, admitting mistakes when you can; waiting when you can, and maintaining silence amidst all the noise.

Binance Exchange (Invitation code: VIP19):
https://www.binance.com/zh-CN/join?ref=VIP19

Binance Web3 Wallet (Invitation Code: VIP19)
https://web3.binance.com/referral?ref=VIP19

Chinese region Binance exchange:
https://www.bsmkweb.com/zh-CN/join?ref=VIP19

Binance Web3 wallet (Invitation code: VIP19):
https://web3.binance.com/referral?ref=VIP19

#加密市场观察
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The boring market feels like pressing the stop button...

I believe the key to trading is not about who can buy at the absolute lowest point and sell at the highest point,
but rather about who can survive long-term high volatility and uncertainty
and aptly try to "sell high and buy low" to capture profits during the "phase" fluctuations that are likely to occur, while also managing stop losses.

Past rounds of bull and bear markets have repeatedly proven that the biggest risk in the market has never been missing out,
but rather overconfidence, heavy bets, and the blind faith in "safe assets" and "certain narratives."

The core task during a bear market is not to make quick money,
but to control drawdowns, protect capital, and identify assets that truly possess long-term value and liquidity.

Short-term price volatility is more about liquidity games or emotional releases from news,
rather than a sudden collapse of fundamentals.
Keep an eye on those long-term narratives, such as Federal Reserve monetary policy, technological innovation, etc.

Leverage, frequent trading, and heavy bets with high expectations will only amplify mistakes at this stage,
but gradually allocating, reducing positions, and accepting imperfect entries can help maintain enough patience and fighting spirit.

The market will always provide opportunities, but the premise is that you are still at the table.
When emotions are extreme, narratives collapse, and the vast majority lose confidence,
only then will the real trends and long-term returns quietly brew!

Remember:
Protect your capital.
Protect your capital.
Protect your capital.

Waiting is a key part of the trading system,
so occasionally taking it easy, I believe, is also a strategic advantage!

#加密市场观察
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In 'Reminiscences of a Stock Operator', what I found most valuable to myself is that this trading genius said:
1. As long as I violate my own rules, I will lose and make mistakes.
2. I must follow the trend, observe, and then observe again. Once the trend is confirmed, just go with the trend, and then observe. Once there is a clear turning point, take action again.

The value of the above two sentences has continuously increased over the next few years.
One must not violate one's principles.
One must not go against the trend.

#加密市场观察
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Why do most people fail to catch the bottom during a major drop, or struggle to short at a good position?

Because many people can't resist the urge to trade, they often have positions in hand, even leveraged ones.

In this situation, not being liquidated during a decline is already fortunate, where would the money come from to buy the dip? In fact, this situation is very common; as long as there is leverage and positions are held for a certain amount of time, most of the time people will lose money because they are generally holding onto losing positions. This habit often leads to total liquidation during major drops.

Many people have a misconception that as long as they can hold through a bull market, it will eventually return. There are two errors in this thinking: firstly, this refers to BTC; secondly, are we talking about breaking even or making a profit?

Remember, thinking that if there is a major drop and you increase your margin in advance, only to hold on and manage to stay afloat, still incurs losses. The loss (at least) is the profit from buying the dip from the liquidation price before increasing the margin to the recovery price.

#加密市场观察
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People who break free from their original families are truly remarkable.

Because they have changed the family's patterns, and all the disadvantages of this family ended with them. Such people are not just hardworking; they also have to overcome the自卑, fear, sensitivity, and other psychological burdens brought by their families—this is what makes them truly impressive.

Throughout this process, they may have experienced depression, self-doubt, and torment. The person standing before you, shining brightly, has behind them a swamp, thorns, and a deep abyss. But they crawled out, so they are truly remarkable!

Without help from parents or support from the family, everything must be done on their own. During the formative stage of their personality in early childhood, they faced ridicule, denial, distortion, and internal exhaustion. Their entire cognitive thinking was in chaos, and no one guided them. Simply not going off track is already impressive. The fact that they can constantly repair and correct themselves, becoming better people, means they are no longer ordinary individuals.

Why can't ordinary people do well in trading? Because they want to win too much and want to win too quickly. Give them 100,000 yuan, and they might lose it all in just three bets and never have any money left. In reality, if you want to escape the cycle of being a victim, you should divide your 100,000 yuan into 100 parts of 1,000 yuan, or even 1,000 parts of 100 yuan. Your number of chances to survive depends on your self-restraint. And if you manage to do that, you still won't make much money—you'll just be running a small business. What really matters is whether, at the crucial moment, you dare to go all in and happen to get lucky and survive. This is a contradictory yet unified issue: you need more chances to survive, yet you must also have the courage to go all in at the critical moment. This is why many people fail to make money in trading.

#加密市场观察
$BTC
$ETH
$SOL