A brief discussion of the development of the cryptocurrency industry from 2017 to 2024:

Phase 1/ In 2017, the#ICOera relied on#ETHsmart contracts. A large number of projects began to discuss implementation in combination with blockchain technology, discussing the energy consumption and transaction speed of#BTCmining. In the bear market, a large number of players criticized miners for mining, withdrawing and selling.

Phase 2/A large number of public chain projects that talked about implementation and tried to solve the speed problem basically died. It was realized that the more secure the blockchain network is and the higher the cost of attack is, the higher the value of the coin is.

Phase 3/Since ETH and BTC are the most stable and valuable, development is done on them, so#NFTand#DEFIappeared, ETH second-layer projects were launched crazily, and various#swapand#defiwere all moved to #ETHL2.

Phase 4/The second-layer projects seized the liquidity of the ETH main network. ETH itself has smart contracts. In addition to increasing the transaction speed, users do not seem to feel any innovation.

Phase 5/BTC has no smart contracts and no asset issuance protocol, so people started thinking about the second layer of BTC, and#ordinals#runes and the currently popular#BTCL2began to appear, trying to solve the transaction speed of BTC and be compatible with EVM.

Suddenly, as if a spring breeze came overnight, thousands of coins and tens of thousands of coins made a fortune. Did you check if there were any text messages when you woke up in the morning before, but now you check how much the increase is when you wake up.

So here comes the question:

This person is called A, this person is called B, this person is called C, this person is called D, this person is called E, this person is called F, this person is called G

Seeing A feel unbalanced and envious of B, who made hundreds of times the money by rushing to Mars City.
But B can't stand C, who has a heavy position in the secondary spot, and his account assets are rising.
You make so much money, so good, my heart starts to quarrel.
C really envies D, who really can't afford to buy a big cake, and has nothing left after buying a car and a house.
D still envies E for his wealth and freedom to withdraw money at will.
You think E is already super enough, but E still envies F, the founder of the top exchange in the currency circle, who earns millions of US dollars in handling fees every day.
These are all real emotions. Let me ask you how to compare them layer by layer. You envy other F, but F really envies G. The top leverage is not just a private jet on the surface, but a right to the sky.

Price prediction and analysis of @fractal_bitcoin #FB: (personal opinion, not investment advice)

1/The cost price of a miner mining FB alone is basically the bottom price: about $13. Some people may ask, won't all miners switch to dual mining? If so, it's like a hybrid car that can only run 30km/h when using electricity. Is it still called a hybrid? This car is a failure. If everyone goes to dual mining FB, then this joint mining is a failed model. It has no meaning and may fail in the future. The official should at least test drive and sell the car first.

2/Will there be a second wave of #FB? I think there will be. I don't look at anything when I choose a coin. I just look at whether the official has the ability (operational ability, resources and trading ability) and motivation (raising the profit and loss ratio of shipment). At present, it has it, and I think it has not been shipped yet. It needs to be listed on a larger exchange, with futures, sideways for a period of time, and increase shipments. The futures market sells the chips in hand after a year, and then returns them after the coin is released.

What does a rate cut mean?
Figure 1/This is the market trend of Bitcoin tokens in the first half of 2017. Basically, the price increases by dozens of points every day. Currently, the only altcoins on the market are#XRPand #DOGE. Rate cuts mean a large amount of money being released and currency depreciation. As long as the coins you bought are still on the exchange during the bull market, they will all rise. Although many coins have fallen badly now, they can still be sold to hot money and stupid money in the market at high prices in the future.
Figure 2/98% of the coins are one-round tours, attracting users outside the circle to enter the market with high growth rates, harvesting users' assets in exchange for#BTCand #ETH, which were once valued at 13 big cakes, and it is good to hold them now with a valuation of one ether. 80% of those who play contracts are the fuel of the market, and those who always hold altcoins are also the fuel of the market. Everything is the fuel of the big cake.

Let me explain why. Although Bitcoin has risen a lot, you have also lost a lot.

Since I entered the circle in 2017,#BTChas risen from more than 10,000 yuan to the present. At that time, many big guys said that Bitcoin would reach 1 million. Most people thought it was exaggerated. Now it seems that it is almost there. At that time, I dared to think about it. It was also very attractive outside the circle. I also knew that Bitcoin was the most stable. After all, it is digital gold.

But most of the people who lose money seem to be unable to wake him up no matter what, because he is the eternal fuel of this market. To give an inappropriate example, there are 100 people who know that#BTCis good and worth hoarding, but only 10 people actually buy it. Among them, 8 people cursed a big liar and sold it during the bear market decline. Only 2 people insisted on their own judgment, and in the end only 1 person got the target.

Now more people understand this truth, but many#KOlsmall institutions analyze it in the short term, and most of them reach 100,000 US dollars. You think a virtual asset of 400,000 or 500,000 is very expensive in itself. Will 100,000 US dollars be attractive to them? The scale is so big that even the old investors dare not think about it, so how can the new investors dare to come in?

After studying the way of heaven for more than a year, I learned that the law is God, and you can become a God if you obey the law.
1/Every meeting will fall, the big guys of#token2049should be gentle when selling coins for fun.
2/Inscriptions and runes seem to be more suitable for #BTC, just like the relationship between music and dance.
3/Each round of bull market revolves around new asset issuance methods. At present, from the perspective of #FB, inscriptions and runes are still the latest.
4/There is that man in every industry, Lu Benwei in the#LOLcircle, pg1 in the#hiphopcircle, and in the crypto circle, is it#CZor others?

How to become a real rich man in the currency circle, how to turn over

Investment is the process of constantly exchanging money for assets. The education background of ordinary people is that they should study hard since childhood, and then enter a good university. It is best to become a civil servant after graduation and then have no worries about food and clothing. Only a very small number of parents will tell their children not to pursue stability or stable jobs. The only pursuit is opportunity. If you want to become rich, you should not agree with most people. The only way to buy real assets and turn over in the trading market is to invest, that is, to constantly buy assets. The so-called assets are things that can bring positive capital flows, which means things that can help you make money. Liabilities are things that help you spend money. Cars are standard liabilities. You need to spend money to buy them and maintain them. Food, clothing, housing and transportation are consumption. Most people spend almost all their money on consumption, and then they buy liabilities that they think are assets. Increase investment amount to reduce risk①Increase income: If you want to buy assets, you must increase income, such as side jobs, part-time jobs, etc. (earn 500 more a month. 6000 a year)②Reduce consumption: Reduce unnecessary waste, it is not easy to make money, save money, (save 500 a month, 6000 a year) Note: Every penny you earn and save can be used to buy assets. ③Be brave to try and take risks; investing your extra earnings and savings will not affect your normal life and trading mentality. ④Don't borrow money to invest, the risk is too high, accelerate debt, and belong to gambling (the essential reason is that the money will not be given to you for a long time, resulting in fear of loss and wanting to make quick money)Asset purchase strategyLong-term coin hoarding strategy ①Choose coins to buy: Choose a currency that has fallen to the monthly level and is sideways (more than 3 months). ②Double position change: When the assets you purchased double, choose to sell the principal, and then repeat the first step. ③Resolutely implement the strategy without changing positions midway, do not cut losses and leave the market, hold for a long time, and follow the big cycle. ④ When to sell and re-enter: (at least 3 to 5 times later) Distinguish between rising and falling trends, sell when the rising trend is broken, and buy when it returns to the rising trend.

$SOL SOL is the only coin that can continue to rise after a round of bull market. Although the monthly line is in a downward trend, the decline is not large. I personally think it is a classic trend of v PC. As long as the big cake can continue to rise, Sol is still likely to break through a new high. The SOL dealer and team are very large. Look at the dog coin on the Sol chain. There are almost always new contracts. The pump is a dog output base, and it can be locked and destroyed all the time. Every online coin has Sol destroyed. It is recommended to find an opportunity to buy, three bottoms

$WIF
The monthly level is falling like a slow trend. This level is very difficult to reverse. It is recommended to sell at highs and sell when the spot rebounds. Don't buy or do more. Follow the general trend. It is very consistent with the concept of short bulls and long bulls. Brothers, don't have any illusions that you can continue to fly. The next rise will be after half a year to two years of sideways trading.

I suddenly understood that not everyone wants the weather to be sunny tomorrow, just like not everyone wants BTC to suddenly soar. They are all for their own interests. The delivery man hopes that it will rain tomorrow so that he can get more orders and his unit price can be higher. Those who are long hope that good news will come, and those who are short hope that bad news will appear. People who play futures are neither long nor short, but a slippery one. Those who miss the spot hope that they can have a chance to get on the train when it falls. People all have expectations. You are happy that BTC can actually rise to hundreds of thousands of dollars. You are sad that you once had it but lost it. There will be pain and sadness when there are expectations. The faster you think, the more mistakes you will make. Investing with spare money and not being affected by risks is the first condition that an ordinary investor must have. Otherwise, you may not be able to bear it. The cost of your trial and error is too high. #比特币交易 #美国政府转移BTC #交易投资 #美联储何时降息？

Many traders who have been in the industry for many years have fallen into many traps step by step. Why is trading against human nature? Trading cannot be accomplished by hard work alone, it requires enlightenment, just like becoming a Buddha, and it has nothing to do with time. Most people, or everyone, have received education and environment since childhood that are all about the certainty of knowledge, but trading does not have 100% certainty. The only thing that is certain is your stop loss. Most people resist losses, and the wrong trading views pursue huge profits. What you have to remember is that violence cannot last long. A smart trader will only earn a part of it. Don't dance on the edge of a knife. If you are always resisting losses and pursuing huge profits, the final result will be the loss of all your technology, no matter how much you have earned in the middle. We must understand the uncertainty of trading. The biggest difference between a true professional trader and others in the end is not how advanced his technology is, or how smart his methods are, but to truly accept uncertainty from the heart. Why should we accept losses? Because we need to understand that the core of trading is a probability game. The characteristic of this game is uncertainty. If your winning rate is 50%, then your next transaction will always have a 50% chance of losing money. Since we are playing this game, we must know that stop loss is inevitable. This is fate. We must introduce that we will see some real-time trading. Often, the winning rate is very high, so his stop loss and position holding period will inevitably become larger. Those with a low winning rate can still make money all the time. The stop loss is small, and the profit and loss ratio will be very large. #交易技术面 #交易圣杯 #交易秘籍