After playing with Crypto Assets for half a year, I figured out one thing: sometimes, the simplest way is actually the most profitable. When I first entered the market, I knew nothing at all and followed my mentor with a principal of one hundred thousand. I bought whatever he told me to buy, and I was able to make a small profit every day. Just like that, my account gradually grew to six hundred thousand. Once a person starts to feel "confident", it's easy to get impulsive. When I operate on my own, I definitely lose money. The gains are all small, while the losses are substantial, watching my account shrink by half. At that time, I didn't even understand the most basic terms and rules; candlestick charts looked no different from an electrocardiogram to me, all fluctuations with no patterns. I don't want to be a sycophant forever, so I muster the courage to ask my master: how can I become independent? How can I improve myself? The master saw my sincere attitude and agreed. He said, to run, one must first learn to walk. If you don't take it step by step, how can you reach a thousand miles? Without a solid foundation, a tall building is just a castle in the air. He leisurely took a sip of tea and told me that before trading Crypto Assets, I must first think clearly about a few things: For all those trading coins, there is one question they ponder day and night: what exactly is influencing the coin price? This question can be extended to: Who is really controlling the coin price? Why are they doing this? What everyone really wants to know is just one thing: When will it rise? How much can it rise? What determines the price? Even if you haven't studied economics, you probably know that prices always fluctuate around value. So, if we extend the time frame long enough, the vast majority of coins actually have no real value support - their endpoint is likely to be zero. Those who insist on dollar-cost averaging and value investing in Bitcoin, and hold onto their coins for the long term, never consider themselves as "trading coins." If you think you are "trading coins," you must be fully aware that what you are trading may ultimately become worthless. For those who are obsessed with short-term trading, long-term value is not important; what they care about is just the fluctuations in short-term prices. What is this essentially doing? is to snatch food from the tiger's mouth. Long-term prices look at value, while short-term prices look at what? Look at the manipulators. So you want to take a piece of the pie in short-term speculation, which is no different from snatching meat from the dealer's mouth. "Good news drives the market up, and when the good news is realized, it crashes the market," this has almost become a consensus in the crypto asset circle. This sentence actually reveals the truth about the manipulation. There is a key logic hidden behind it: if a project announces an upgrade a week later, the price often starts to rise not at the moment the upgrade is completed, but when everyone "knows" it is about to upgrade. So, is the upgrade itself important? It's not important. What matters is to make people "believe" that it is about to upgrade and create "expectations" about it. When you don't know why to chase the rise, the dealer has already prepared a reason for you: Because this coin has limitless potential, because it will soon have favorable news, because it has been rising before you buy... So you rushed in, so you got stuck, so you were cut like chives, so you started to curse, but after cursing, you continued to pay attention, and then on the next coin, you repeated the same story.

10.31 Ether Silk Road The short selling has declared the end of the decline, and the market has entered a rate-cut cycle with an upward trend. The brief dips provide a good opportunity for bulls to enter! As the market closes strongly at high levels, the short cycle has completely reversed, and there is a certain demand for pullbacks in the short cycle. Today, we will wait for a retracement to lower levels to start accumulating long positions! Ether: Buy in the range of 3750-3780, target 3900, looking at 4200 for the long term, with good defense. #参与创作者认证计划月领$10,000