A good hunter must be good at waiting. Bitcoin has been in a volatile range for a long time. As shown in the figure above, the market has entered a high level of volatility. Now is the time to be patient. The market sentiment greed index is also singing all the way. Today's greed index has reached 74, which can also be seen from the side of the market's popularity. Including some of the signals given to us by the market now, I really feel that it is awesome, and I have been reminding everyone of the risks in articles recently, which may not be consistent with the views of many people in the market. It also caused many people to question it.
Indeed, the purpose of entering the crypto is to make money. I am full of All In and waiting for the bull market to start. And now Bitcoin has been fluctuating, many copycats have broken out, and the rise is very good, but you say every day that risks are coming, instead of Me, I feel uncomfortable when I see it. Regarding the market trend, there is nothing wrong with being bullish or short-sighted, but we must base our conclusions on valid evidence and cannot rely on our feelings or words. Don't just assume that it will rise just because you opened a position and thought it must rise.
It’s almost December. Judging from historical data, Bitcoin’s return rate in December is mostly negative. Judging from the current trend of Bitcoin, there have been multiple top divergences on the daily line, and there is a certain expectation of a correction in the short-term market. BTC has rebounded close to the previous high of 38,500. Remember to take profits in batches for long orders, and do not chase the rise for short positions. Be careful. High and fall. Trading decisions are not perceptual and emotional. I believe many people have experienced this and know this.
Most Altcoin with small market capitalization have nearly doubled from the bottom this round. I saw that many influencers started to recommend that everyone plan for the long term, saying that they should look at the weekly line and the monthly line. What were you doing that morning? Why didn't you talk about looking at the weekly line before?
If Bitcoin retraces more than 10%, can the copycats endure it? If you can bear it, stay long-term. The first time to do long-term business is to do it in batches, and the second is to do it in batches. Be prepared to drop 50 points.
Because at that time, my Bitcoin price was 28,000 US dollars, and there was a major correction. Many copycats were cut in half, from the bottom of 3,000 US dollars to 28,000 US dollars, which was several times higher.
Recommended potential coins!
If you want to make long-term investments, my suggestion is still the leading strategy, choose two or three for each track, such as:
Public chains include SOL and AVAX
For DEX, choose UNI, rune, DYDX
For the RWA track, choose MKR, SNX
For the gamefi track, choose imx, gala
Choose TAO and RNDR for the AI track
BRC20 track selection ordi, sats, etc.
Large funds should be deployed on mainstream coins as much as possible, and small funds should be dispersed on leading coins in various tracks. Liquid funds can be used to chase market hot spots, play short-term or go against local dogs and memes.
There should be three types of money in the market
1. Retail investors’ money (Altcoin, Bitcoin eth, local dog on the chain)
2. Small banker’s money (Altcoin)
3. Institutional money (Bitcoin eth)
The cleanest money is Bitcoin eth held for a long time
The current price of ATOM is 9.26. The fork will definitely cause trouble. If you hold it for a while, then leave.
1. Inflation decreases
On November 26, the maximum inflation parameter will be reduced from 20% to 10%, and the annual staking interest rate will be reduced from 19% to 13.4%.
2. Ecology allows a hundred flowers to bloom
COSMOS's SINJ, SNTRA, SOSMS, etc. have performed very well recently.
3. About to fork
The new currency ATOM1 will be forked soon and will be airdropped to those who pledge ATOM, led by the founder.
bake
bake stepped back to the daily support position of 0.174 for the second time, waiting for a huge pump to see 0.22 above
HTF
HFT spot operation, heavy volume at the bottom, 2.0 is expected, small funds are ambushing a wave
Stop loss 0.283, take profit 0.39-0.47
elf
The current price of elf is 0.4785, a small position has been established, and large orders continue to enter.
If the market is not good, you may not operate or take a small position.
It may not necessarily rise immediately if you buy it. If you buy it based on the 12-hour price, it may take time.
MAV
Steady operation with heavy volume at the bottom of MAV: 0.28-0.285 Stop loss: 5%
SUI
It is necessary to pay attention to SUI recently. It is the beginning of the new year again, and it may jump out at any time. The overall trend is still near the pressure plate, and the bottom market is dominated. The vision is also within the 1x range.
LUNC
With a wave of raids by ustc, the market trend of luna sector was driven. lunc is a bottom rise. The previous downward trend has not ended. Instead, it is a bottom rebound. We have talked about this principle before. If there is a main rise, don’t make a correction. If there is a correction, don’t make a rebound. If there is a rebound, don’t make a bottom. This kind of Currently, there is a pressure point at 0.0*13, which also makes it impossible to break through the range of 0.0*156. The pressure is too great.
On the last trading day of this month, the BTC was still trading sideways at a high level. After a wave of gains, most of the copycats started a continuous adjustment trend. In recent days, the trading volume of the copycats has obviously declined, and the market has insufficient money-making effect. Therefore, transactions are not too active. Maybe a big change is coming soon. The bull market without Ether relay is incomplete. Therefore, the current market is waiting for when Ether can take over the BTC. Judging from the current pattern, the BTC still has the power to continue to rise above 40,000. There is no correction in this callback, and it feels like the rise is somewhat immobile. However, in general, since the BTC has hit new highs during the year many times in a row, we It is better to continue to maintain a bullish thinking. After all, the ether has not yet exerted its force, and it is too early for the Mavericks to end!
Today’s Thoughts:
Today I looked back at the NFTs and coins I sold, and I have a few reflections:
1. The reason why you can’t hold it: You look too much. As the price fluctuates, you will ask yourself. If you have a small firm or a small wallet, you will forget about them. You must believe in mean reversion, and you will still make up for the increase in the end.
2. Find some undervalued varieties and be the leader on the track. (ton, linea ecology, web3 game)
3. History keeps repeating itself. Find the rules for making money, the rules that can be repeated. This market depends on who has the fastest information and who is bold.
Investment itself is a very slow thing. When you research and study, identify a target, make up your mind to invest and then hold it, set a goal. Constantly experiencing ups and downs, and finally reaching the destination.
If you operate frequently, it will be fast. It seems that you are constantly making money and your judgment is correct. In fact, it is the market that gives you the illusion, not your own awesomeness.
Once the market turns and you don't stop in time, you may lose all your previous gains and lose money in a wave. Slow is fast! The more frequently you take action, the greater the chance of making a mistake.
Create a high-quality circle
Mainly spot goods
I will share some content: conditions as shown below:
The overall position is ≥10,000u. If you want to join, please contact me~! Welcome to send me a private message~!
(The operating space for hundreds and thousands is too small. If not, you can also send a private message. As long as you have skills such as on-chain data, native dog crawling, etc., you can join if you pass the screening.) Purpose: To become bigger and stronger, and create greater glory. A bull market turnaround!
The article ends here. You can follow the official account (Xiao Ren’s Value Investment). If you have any questions, you can leave a message on the official account and I will reply to you in time~
