After 8 years in the cryptocurrency circle, I have come all the way to today. Today, I am thinking of quitting the Internet. Looking back on the past 8 years, how many days and nights were half fantasy and half loss. I reviewed and persisted every day, looking for excess returns outside of BTC, until this bull market, and stopped losses again and again, I felt a little broken. Every day I took BTC to FUD the liquidity issues of the altcoin market, and at the same time I also had a little hope (individually), but stopped losses again and again, and even the most enthusiastic heart would be extinguished. We are all dominated by emotions. Until today, I felt a little broken!

In this bull market, the biggest consensus has shattered. Those trapped in the market used to be expected to add to their positions, but now the only option is to cut losses. With the exception of BTC, if a breakout fails, the market is cut. Even if you cut several times, the next opportunity will come, and your position won't keep up. This is the reality. Why do people say there's no bull market for altcoins? Because a broken consensus requires rebuilding, and a bull-bear cycle is needed to shift mindsets. Clearly, these conditions aren't present now. What is a bull market? In a bull market, the market makers aren't afraid of you chasing them, but of you noticing when they're about to extend their bull market. Clearly, these conditions aren't present now. Everyone's talking about ETH breaking through 4,000 to create a fake bull market. I can honestly say that even if ETH reaches 40,000, it won't happen. Rest assured.

Yes, in today's cryptocurrency market, all spot strategies in the bull market (liquidity continues to be withdrawn) are basically ineffective. I understand that you choose contracts, but that will intensify the market's horizontal fluctuation cycle. Everyone should just hold on to BTC and lie low.

I checked Binance Square for a while, and it was full of people opening contracts and showing off their orders. The lowest opening position was 3u. Isn't it true that you can't place an order below 10u? Hey guys, who is actually making money?

When have you ever seen a contract market where contracts are constantly changing hands for 24 hours with a turnover rate of 40-60% being the norm, while the spot market is only 1-3%. This market is unplayable.

If a coin becomes a little stronger, your contracts will be maxed out (contract multiples will increase sharply). If this doesn't kill you, who else will it kill? Just calm down and buy some spot, wait and see, and lie flat together.

The volatility of ETH will help you avoid missing out on ETH and ambush other coins. Last week, a BNB was detected. Next, another one may be detected. Let’s wait and see.

If you missed ETH, buy ETH's eco-coin If you missed BNB, buy BNB's eco-coin This is the same type of people. They still don't understand the leader's thinking. They still think that the cheap one has room for growth😂. According to this thinking, BTC is the least worth buying, but BTC is the most reassuring way to make money; Leader's thinking, only the leader has funds to boost, and the linkage sector may also rise, but once the leader consolidates, the linkage sector will go back to where it came from. Why? Because the rise is led by the consensus of retail investors like you, and it is unstable. Remember, if you stand with retail investors, it will be difficult to eat the same dish in your life;

I have always advocated upward social interaction. Basically, this is the view I hear all the time. The logic of this view is to be with people who are stronger than you, to get resources for the purpose of improving yourself. There is nothing wrong with the logic; But these days, I think rich people are definitely smart people. There are two types of rich people. One is very busy with real business (no time to deal with you), and the other is rich and has plenty of time (rich second generation + finance + company doing rental and sales business). It is difficult to get the first kind of people, and if you get the second kind of people, you are just spending time to become a playmate for others to pass the time. Maybe you think what I said is wrong. If you don’t believe me, try to borrow money from them. Don’t say that you are brothers. First ask yourself what use you have for others. Value (understand yourself), even if you play with others, you can't stand up straight, just a pet. At 20, you can be a rich man's pet, at 30, you can, but at 40, if you haven't caught a bone, just let it go; The captain always said that you should squint your eyes to see the world. If you have this idea, you might as well read more and think of ways to improve yourself, don't waste time. The captain said this because there are cases around him. There was such a person around me, now he is in his 40s and has a debt of nearly 2 million. Marriage requires a good match, and the same is true for making friends; Those who come together based on a hobby are not friends, but a stage of playing coins, fishing friends, mahjong friends, and coin friends... We are all like this; we can all say that we are friends, but these people are just passers-by on the road of life, and they will disperse as we walk. Be clear about how to walk your own path; To socialize upward, you must have a purpose and learn something. Don't bow and scrape all your life, and you will gain nothing except building a luxurious worldview; If you are a chicken, lay eggs well and don't play around with the phoenix, Li Baiqing said 😂

If I had known it was Saturday, I would have still broadcast live. Let's go and cast a ball.