Farewell to the fate of leeks: Ordinary people’s guide to survival in the crypto market

Money flows to people who are at peace of mind.

Written by: Bitwu.ETH

A month ago, the Trump token $Trump exploded in the audience, and a hundred times of profits brought many P players into the A9 palace. Yesterday, CZ @cz_binance called for $TST to make the Binance Chain prosperous again, rising by 1500% in one day. Many people made a lot of money again;

Behind the prosperity is more people’s anxiety. The more real situation is that many people actually didn’t get the results, or more people lost money on them. However, looking at Twitter, they found that they all made big results, which deepened Self-doubt;

Countless people roared to the sky: Am I really not suitable for this circle?

Over the past month or so, the industry voices we have heard most recently in the market are:

The chain is the real place where wealth explodes, and the chain is the place where money can be made most. If you cannot or do not have the ability to make money on the chain, you are the representative of the classical coin circle, the eliminated object and Loser;

I agree with half of this view. The chain is indeed a place where wealth is concentrated and explodes. If you have the talent to make better money on the chain, this is of course the best opportunity. If you don’t have too good perception and ability to make money, you can Try learning and research, in-depth research, and research that forgets sleep and eat, such as “GMGN: Meme Operation Guide from US$0 to US$10 Million” released by@haze0x

Link entrance: drive.google.com/file/d/11Rk-fr_AAfPSVtV8gCgOpsi2GpNI23uj/view

This kind of information is great; after you finish learning, you can basically see your talents and abilities with small attempts!

Of course, it is more likely that through in-depth research and learning, you will find that you are still not suitable for the chain. Is there really no chance?

Therefore, I also hope that everyone will think carefully about the following questions?

1. Is the chain really suitable for everyone?

2. As an ordinary person who really cannot get opportunities on the chain, how can you get value in the circle?

3. Is there a universal track suitable for insiders?

1. I actually agree with half of this view:

You have to treat everything correctly before you can take medicine.——

I agree very much because the opportunities in this chain are indeed once-in-a-lifetime opportunities. I also admire those smart, down-to-earth and courageous friends like@0xSunNFT@yuyue_chris@EnHeng456. I said it a long time ago that I am very happy to see them making money. I don’t know if you understand this feeling. Opportunities in the industry are constantly allowing new opportunities to emerge, allowing new entrants to find opportunities. Rapid iteration not only eliminates the solidified level, It can also let outsiders see that the opportunities here are not unique to the elderly or resource owners. Compared with most WEB2 industries, the fairness of WEB3 lies here. As long as you work hard and have courage, the opportunity will be here; this will make more newcomers fall in love with this circle;

The other half does not agree with it is that if you do not have the ability to make money on the chain, you will be eliminated into the classical generation, and there will be no hope. There is a little bit of prejudice here. First, I think there is still hope, and I have a peace of mind and find my own path. Or making money slowly is also one way. The investment rule of the currency circle is not just PVP that has time to be friends. We cannot deny him; Second, we can’t just talk about making money online, but we haven’t talked about whether individuals like us are suitable for online PVP. I think online PVP is an extremely difficult and much-needed thing. Not everyone is suitable for it. It’s like trading. Just because one in a thousand people make a lot of money, those who don’t understand trading will be eliminated. WEB3 There are many opportunities to make money. The most important thing is that we need to find things that suit our talents, personality and rhythm. That is what’s important!

Therefore, I think that each of us should seriously think about where our personality and ability range are, and how we should lead our path to wealth:

2. If you don’t take wealth seriously, wealth won’t take you seriously;

I often see many people without thinking, and with a single stroke of P, hundreds of thousands will be gone, but they are unwilling to think for even a second. What is their problem? How should we deal with this investment market?

Simply put, most people are eager for success and are unwilling to become rich slowly, let alone think seriously about wealth for even a second, relying on others to become rich, relying on luck to become rich, and relying on information to become rich;

I collectively call these people leeks!

Leeks do not respect wealth. The market is so wonderful. If you don’t take wealth seriously, wealth will not treat you with certification.

3. On the other hand, what is wealth?

Think seriously about what wealth really means to us?

Wealth is the money you really take away from this circle. It is the real change in your quality of life and circles. It is called wealth. For example, after you get more results, you will make huge changes in your thoughts and bet on your own health. You will continue to improve, meet more partners who can start a business together in the future, experience all kinds of life you want to experience, and truly complete the accumulation and steady growth of wealth. These are called wealth!

If you just keep A9 in your account and keep it here P, these wealth is not called wealth. I think it is more appropriate to call them: chips.

4. The money-making rules that are truly suitable for most people in the circle;

What I want to talk about next is a bottom-level thinking strategy that most people can achieve and get results. It is not the first time I have written it, but I have new insights every time. I hope to share with you:

If you are like me, stupid, have no good trading talent, and are not so sensitive to the chain, then it is best to implement this strategy honestly like me;

Because this strategy does not require too high talent and intelligence, ordinary people will never fail to make money as long as you implement it firmly:

5. The nature of the trading market and the optimal strategies of ordinary people;

We have figured out the nature of the trading market (unique retail trading market) and summarized its characteristics (sharp rises and falls, short bulls and long bears).

Based on these characteristics, I have formulated the optimal trading strategy for ordinary people (a “left-handed in, right-handed out” trading strategy that combines the respective advantages of value investing and trend investing).

Then it clarified the two key points for the success of this trading strategy (cyclical trading market + continuous flow of funds), and how to ensure the smooth progress of these two points (scientific position management + selection of bitcoin-based trading varieties).

There are several important points in this:

1ˇ What is the optimal trading strategy:

I think this strategy is universal,

Because of the huge uncertainty of contract leverage relative to fast-forward and fast-out, and the hardships of MEME’s P players, value investing is the only thing that can be learned, while trend investing only needs execution.

Simply put, you can get results by using hard work + resisting human weaknesses;

2ˇ Why do you say two key points:

This is the foundation of my current foothold in this market, the cyclical trading market + a steady stream of funds;

1) Cyclicity: This market must be cyclical, and what is most friendly to everyone is that the cyclical nature of this market is very stable. Compared with Myanmar A, which has no cattle for ten years, the currency circle has a bull and bear alternation every three or four years. I think it will last for a long time. This is the cycle. In a market with a stable cycle, making money is like taking money out of the bag;

2) A steady stream of funds: This is also important. You’d better have good cash flow to support the cycle, which will allow you to ride out the bear market safely and have the courage to move forward at the bottom of the cycle. I wrote a paragraph the day before yesterday: Anyone who has accumulated a lot of wealth will have a feeling in the process of making money: “I’m actually not that cool. The money comes from the wind. I’m just picking up money.” Personal experience tells you that it’s almost the same, that’s what it means, but don’t ignore that when it’s your turn to pick up money, first, you have to be alive, and second, you have to have the capital to pick up money. The steady flow of funds is the foundation. As for where this steady flow of funds comes from, everyone will show their own abilities, but there must be;

3ˇ What is the basis for smooth progress?

Scientific position management + selection of bitcoin-based trading instruments;

Position management, I recommend everyone to choose a bitcoin-based management model. What does it mean? Please watch my tweet. Bitcoin, as the foundation of the industry, is a higher-dimensional existence and the best manifestation of the Linda Effect. Therefore, if the industry is stable and stable, holding Bitcoin is a must-have action. If you don’t have a good talent and have never bought Bitcoin and hope to take a chance, then don’t think that you are the leek. In fact, 90% of the people’s income in the circle cannot surpass Bitcoin in the long run. Most of the VC and fund income in the circle, You can’t actually outrun Bitcoin, so why don’t you own Bitcoin?

In addition to Bitcoin, you can keep a 2- 30% position and carry out some well-researched targets. First, you can maintain relevance to the industry and quickly keep up if you have the opportunity. Second, you can satisfy your trading desire. And once the opportunity comes and you can make ten times a hundred times more money, you need to quickly exchange it for Bitcoin and then wait for the cycle.

Now that we have trading strategies and trading varieties, it is time to show our talents.

4ˇ Judgment and experience of the bull-bear cycle:

There are two things I often say:

First, I value the long-term investment bonus brought by patience and waiting. Second, I think investment is a thing that requires experience and luck. If we are not so smart, we must work hard to allow ourselves to live a few more rounds of bull markets.

Live a few more rounds of bull markets, first, in order to encounter more opportunities to change their lives and more chips to participate in; second, in order to better perceive the market and make correct judgments;

First of all, we can judge the stage of the market (I have written the theory of emotions before), and we can not be blind. Only then can we wait until the right stage to buy and sell (buy in the “dead” period, sell in the “crazy” period). Based on “Theory of emotions”+”specific market”, we use the two dimensions of space + time as the criterion to fill up positions before the bull market comes, and use the selling principle of trend investment to gradually liquidate positions after the bull market turns around.

At present, it is obvious that the market has not entered a “crazy” period. If you have managed and prepared positions in front of me, the only thing you can do now is wait patiently and wait for the comprehensive characteristics of the bull market top signal:

1. Indicators on the chain: MVRV is high (3~4+), NUPL has entered the ecstasy zone, and the floating profit ratio is extremely high;

2. Emotional indicators: Fear and Greed Index has been above 80 for a long time, and there is a lot of discussion in the media and the public;

3. Technical aspects: Prices are far away from long-term moving averages, and weekly or monthly RSI are extremely overbought; prices hit new highs but volume and energy failed to follow up or diverged;

4. Derivatives are overheated: The leverage ratio of the futures market has soared, the long-short ratio is unbalanced, and the capital rate is high;

5. Mainstream capital trends: Institutional or whale addresses were sold in large quantities, and exchange balances rose;

6. Macroeconomics and public opinion: Since easing turns to tightening, major positive things can no longer push up the currency price, but negative news can easily trigger violent fluctuations.

If at some point in the future, these signals gather or most of them overlap, you should be wary of the risk of the market peaking and pulling back at any time. The true absolute top can often only be confirmed after the fact, but referring to the above indicators can help to stop profits in a timely manner or reduce blind pursuit of highs.

The crazy period is generally short. When the above signal comes, it may enter the decline zone relatively quickly, but the decline will not be very fast. Generally, it is a knife that cuts the meat slowly and finally enters the rote zone. Before the “dead silence” period comes, we must unite our words and deeds, and never be soft in the selling stage. If you don’t sell, you will lose a lot of profits. When the bear market comes again, you will miss the second wave without good bargain-hunting funds;

In this cycle, as long as the game is set up, once the bull market starts, the account will start a crazy profit model. After every bull market starts, Bitcoin will rise from the low level by at least 5-10 times, and it is normal to copy a hundred times; and our goal, or rather my goal, is just to double the number of Bitcoin once in a cycle, which I think is enough.

This goal is actually not high compared to the work I do, but the actual income is very considerable, and stability is beneficial to the long term.

6. Summary

Therefore, I think that if you have the talent of a young player, I think it is one in a million talents. You must make good use of it. After killing all directions, you must really turn wealth into wealth, and you will become a vassal in the future!

If you don’t have any, don’t worry. Industry opportunities and industry difficulties are very beneficial to ordinary people. You must believe that you are making the right choice. Don’t have high eyes, low hands, high heart, arrogance, impetuousness and anxiety. These emotions are your enemies of making money;

Do what is good for you and what suits you. As I mentioned before, my wife, who does not understand any blockchain technology and on-chain operations, may make more money than most people. In two years, her principal has more than tripled in this round, most of which comes from Bitcoin;

Another point is the biggest advantage of this strategy, that is, you will not miss the dividends of Bitcoin in the future. Bitcoin is the most certain dividend, and the possibility it brings you is the real wealth and the destination of peace of mind;

After all, money flows to people with peace of mind!

As for how much will Bitcoin’s future reach? 200,000, 500,000, or 1 million, I don’t think it matters;

Those who should come will definitely come, burn incense, sip tea, and wait for the flowers to bloom!

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