Recently, the desire to write texts has been very low, firstly due to flow restrictions, and secondly because of excessive noise affecting me.
In fact, at this stage of the market, individual investors' psychology is very contradictory, as there are clear reasons for movements either upward or downward. I have always recommended ignoring market noise as much as possible, and after deep thinking, preparing two plans to deal with the situation, and not worrying about gains or losses—just sticking to your own wisdom. Although these are simple sentences, not everyone can understand them deeply. Just like when teachers assigned math homework during school days—some students think seriously, some ask humbly, some review beforehand, some infer from examples, some write carelessly, some copy answers, some pay others to write for them, and some slack off from doing the work. Deng Xiaoping said: "Whether a cat is white or black, as long as it can catch mice, it is a good cat." Opening sell trades or taking advantage of retracements for small profits is not difficult, but the challenge lies in whether there is stability in consistently making profits. Professionalism comes from diligent work; laziness leads to failure. It is difficult for us to earn money beyond our character and perception. For most ordinary traders, trading cryptocurrencies does not require hard work—quick investments and quick sales will only repeatedly reduce our capital. Those who can achieve significant results in the crypto world often have rules for survival, and at least they must know themselves and be able to control their emotions. At this historic point where differences are significant, whether you are optimistic or pessimistic, the best approach is to maintain a certain level of short positions, and every step should be taken very carefully, with stop-loss orders in place. For buyers, reducing positions when prices rise is a priority; for sellers, taking profits is a priority. It is important to say that the current bear market is not just a stagnant pond without life. As long as there are topics for discussion and financial flows in the market, there are definitely opportunities for profit. Whether you can make profits or not depends on your personality and abilities, not on market problems. If you cannot step away from the market noise to think about yourself, the holes you previously fell into will reappear, and you will fall into them even more. In the past few days, the market has experienced a slight rebound, and some old altcoins have started to recover a bit. Small sentiments appeared in the comments section, and when I read some friends’ comments and inquiries, I truly feel uncertain about what I feel. Maybe we are really human groups in different dimensions. I am tired of writing words that soothe people, and I don’t want to appear "young" and turn into an authoritative figure, nor do I want to be part of the old generation in the crypto world. Many friends ask about the status of FIL, ORDI, ZEC, and DASH. In fact, these questions have been addressed in many posts or in the comments section, including live streams. Regarding the rise of these coins, I don’t think it was surprising; rather, it can be said that it was predictable in advance. But the rise happened at this particular time, and personally, I feel it’s not a good sign. You might feel excited or guilty about the modest 2-3x increase in these old coins, or regret missing the privacy coin wave. But honestly, I’ve become indifferent to these phenomena. Look at where these coins fell from—what does a sudden 200-300% rise from the bottom mean? Although I can’t currently determine whether the market will continue, in times when liquidity is very scarce, major players use celebratory rises to hype old coins that no one cared about, making it seem somewhat like self-entertainment. To tell you that this judgment is not a result of hindsight, I quoted a segment from a previous live stream where I clearly expressed my opinions on coin selection and allocation. Due to platform restrictions, I can only quote a segment less than two minutes long. If you're interested, I sincerely recommend visiting my profile and looking for the recording of the second live stream on this page, between 02:24 and 02:42, to see my expressions and advice regarding these well-known coins. Over the past six months, I have increased my time in learning and growing in the crypto world, demanding myself to continue producing dynamic content. Therefore, regarding communication in the dynamic comment section, I expect real-time, in-depth interaction, not just a place to vent emotional pressure. Because I am annoyed by the current dynamics, I will gradually adjust my content production and update frequency, and I will start writing about trading psychology and trading logic. Considering current market trends, I lean more toward the view that this phase marks the end of good asset rotation, and BTC and ETH will continue to reach new all-time highs. If you are not hesitant to discuss the turning points between bull and bear markets, you can focus on opportunities on the right side; but if you value market assessment, the signals of upward movement in these recent sectors deserve your attention. Especially since some negative events have recently emerged, which were also mentioned during the live stream, including stablecoin stability, fund withdrawals from JYS, and the ripple effect in DeFi... It’s important to clarify that I do not have the ability to predict the market precisely; I can only make preliminary assessments based on current signals, and I can only be responsible for my stance. I also hope everyone remains open-minded and optimistic in facing upcoming turning points, because the market is always right. I didn’t go out this weekend; I will review the market movements during this period. Let’s plan a live stream on Monday at 8 PM to discuss a bit. ☕#加密市场观察
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Recently, the desire to write texts has been very low, firstly due to flow restrictions, and secondly because of excessive noise affecting me.
In fact, at this stage of the market, individual investors' psychology is very contradictory, as there are clear reasons for movements either upward or downward. I have always recommended ignoring market noise as much as possible, and after deep thinking, preparing two plans to deal with the situation, and not worrying about gains or losses—just sticking to your own wisdom.
Although these are simple sentences, not everyone can understand them deeply. Just like when teachers assigned math homework during school days—some students think seriously, some ask humbly, some review beforehand, some infer from examples, some write carelessly, some copy answers, some pay others to write for them, and some slack off from doing the work.
Deng Xiaoping said: "Whether a cat is white or black, as long as it can catch mice, it is a good cat." Opening sell trades or taking advantage of retracements for small profits is not difficult, but the challenge lies in whether there is stability in consistently making profits.
Professionalism comes from diligent work; laziness leads to failure. It is difficult for us to earn money beyond our character and perception. For most ordinary traders, trading cryptocurrencies does not require hard work—quick investments and quick sales will only repeatedly reduce our capital. Those who can achieve significant results in the crypto world often have rules for survival, and at least they must know themselves and be able to control their emotions.
At this historic point where differences are significant, whether you are optimistic or pessimistic, the best approach is to maintain a certain level of short positions, and every step should be taken very carefully, with stop-loss orders in place. For buyers, reducing positions when prices rise is a priority; for sellers, taking profits is a priority.
It is important to say that the current bear market is not just a stagnant pond without life. As long as there are topics for discussion and financial flows in the market, there are definitely opportunities for profit. Whether you can make profits or not depends on your personality and abilities, not on market problems. If you cannot step away from the market noise to think about yourself, the holes you previously fell into will reappear, and you will fall into them even more.
In the past few days, the market has experienced a slight rebound, and some old altcoins have started to recover a bit. Small sentiments appeared in the comments section, and when I read some friends’ comments and inquiries, I truly feel uncertain about what I feel. Maybe we are really human groups in different dimensions.
I am tired of writing words that soothe people, and I don’t want to appear "young" and turn into an authoritative figure, nor do I want to be part of the old generation in the crypto world.
Many friends ask about the status of FIL, ORDI, ZEC, and DASH. In fact, these questions have been addressed in many posts or in the comments section, including live streams. Regarding the rise of these coins, I don’t think it was surprising; rather, it can be said that it was predictable in advance. But the rise happened at this particular time, and personally, I feel it’s not a good sign.
You might feel excited or guilty about the modest 2-3x increase in these old coins, or regret missing the privacy coin wave. But honestly, I’ve become indifferent to these phenomena. Look at where these coins fell from—what does a sudden 200-300% rise from the bottom mean?
Although I can’t currently determine whether the market will continue, in times when liquidity is very scarce, major players use celebratory rises to hype old coins that no one cared about, making it seem somewhat like self-entertainment.
To tell you that this judgment is not a result of hindsight, I quoted a segment from a previous live stream where I clearly expressed my opinions on coin selection and allocation. Due to platform restrictions, I can only quote a segment less than two minutes long. If you're interested, I sincerely recommend visiting my profile and looking for the recording of the second live stream on this page, between 02:24 and 02:42, to see my expressions and advice regarding these well-known coins.
Over the past six months, I have increased my time in learning and growing in the crypto world, demanding myself to continue producing dynamic content. Therefore, regarding communication in the dynamic comment section, I expect real-time, in-depth interaction, not just a place to vent emotional pressure.
Because I am annoyed by the current dynamics, I will gradually adjust my content production and update frequency, and I will start writing about trading psychology and trading logic.
Considering current market trends, I lean more toward the view that this phase marks the end of good asset rotation, and BTC and ETH will continue to reach new all-time highs. If you are not hesitant to discuss the turning points between bull and bear markets, you can focus on opportunities on the right side; but if you value market assessment, the signals of upward movement in these recent sectors deserve your attention. Especially since some negative events have recently emerged, which were also mentioned during the live stream, including stablecoin stability, fund withdrawals from JYS, and the ripple effect in DeFi...
It’s important to clarify that I do not have the ability to predict the market precisely; I can only make preliminary assessments based on current signals, and I can only be responsible for my stance. I also hope everyone remains open-minded and optimistic in facing upcoming turning points, because the market is always right.
I didn’t go out this weekend; I will review the market movements during this period. Let’s plan a live stream on Monday at 8 PM to discuss a bit. ☕#加密市场观察