What are the three elements you must know to make

To make money in the currency circle, you must know these three elements:

Know the bull-bear cycle, know how to allocate targets, and master the timing and method of selling.

Knowing these three points, you can basically reap all the dividends from the development of the currency circle.

Among them, selling is the most difficult. The difficulty is not the method itself, but your reluctance to make profits and your greed to earn more. People who have not experienced the entire cycle of bull and bear markets have no idea. Fans of authorities are the most suitable interpretation for newcomers in the currency circle.

Just like in the bull market, your assets reach tens of millions, but after sleeping, they reach 7 million. You want to sell it or not. The newcomer will definitely not sell it, and it feels like he has lost 3 million.

An old man who has lost money will definitely sell it, because he feels that the 7 million he earned, the 3 million is just taken back by the God of Wealth, and it should be regarded as an offering to the old man.

I met a blogger on a sunny day whose assets were as low as 400,000 in the last bear market. In the 2021 bull market, the highest price was 11 million, but it fell to 7.2 million. He decisively sold.

He was able to sell because the last wave was about 5 million, but he didn't sell because he thought it could go higher. Only after this brother walked around did he realize the truth of this. Only 7.2 million were retained in the last bull market.

He will make tens of millions this time, no problem.

In the last bull market, I saw with my own eyes that the tens of millions, millions, and hundreds of thousands of people around me turned into zero. It was really zero, and there was no scum left.

Learning from others can help us understand gains and losses.

It is actually very simple to speculate in the currency circle. You just need to wait patiently. Why do you say this?

When Bitcoin was released in 2009, the mining reward was 50 Bitcoins per block. It has experienced three halvings since then.

The first halving occurred on November 28, 2012On the day of the halving, Bitcoin price was around $12. Half a year later, around May 28, 2013, the price rose sharply to around $130, an astonishing increase.

The second halving took place on July 9, 2016On the day of the halving, Bitcoin price was around $660. Around January 9, 2017, the price rose to around $900, a significant increase within half a year.

The third halving is May 11, 2020On the day of the halving, Bitcoin price was around $8,600. In November 2021, the price exceeded $69,000.

The fourth halving is April 9, 2024

Sunny predicts that the Bitcoin price will reach around US$100,000 around the beginning of 2026. Brothers, the dawn is right in front of you, hold on!

Pay close attention to the new public chain Sui

Today, let’s talk about new public chains. There are too many currencies issued in the currency circle. You must learn to focus on them. The most worthy of focus in the currency circle is undoubtedly the new public chain. Qingtian also said it in the previous article. I haven’t read it. Friends can also take a look.

In the past bull markets in the currency circle, new public chains have the highest probability of producing hundreds of times coins and thousands times coins. The public chain Eos will be the bull market in the currency circle in 2017, and the public chains Eth, Luna, and Solona will be the bull market in 2021. The price performance surprised investors.

Valuable public chains will be repeatedly sought after by the market, while public chains without value will only be sought after by a bull market. Therefore, new public chains will be favored by the market.

Recently, the new public chain Sui has received continued attention from the market. The price reached $1.65 on January 30, and there was a faint trend of breaking through the highest price of $2.07 on the day of the initial issuance on May 3, 2023.

The Sui public chain has received huge amounts of financing from investors, and its ecosystem has continued to grow and has been recognized by the market. Its team and overall technology are derived from the disbanded project of the original Facebook. Sui pays more attention to the innovation of underlying technology and aims to become the first Internet-scale programmable blockchain platform.

Sui announced the completion of a US$36 million Series A financing in December 2021. This round of financing was led by a16z, with participation from Coinbase Ventures, NFX, Slow Ventures, Scribble Ventures, Samsung NEXT, Lux Capital, etc.

The advantage of Sui lies in its unique consensus mechanism, which allows the transaction settlement speed of the Sui network to exceed that of previous high-performance public chains. At the same time, Sui is based on the Move language. It is designed for smart contracts in terms of security and scalability. It provides the best infrastructure for developers, so that developers do not need to focus too much on security issues and can focus on it. for development and usage experience.

The native token of NAVI Protocol, the leading DeFi protocol with the largest locked-in total value in the Sui ecosystem, is about to be launched. It has strong development momentum. Not only has the total locked value increased by 80% within half a month, it has become the No. 1 decentralized financial project in the Sui ecosystem. It has also announced the acquisition of Sui Volo, the leading liquidity staking protocol in the ecosystem, seizes the LSTFi market and further lays the foundation for the development of the Sui ecosystem.

Nowadays, the total locked value of the first-level public chain Sui has exceeded US$300 million and is now US$319.98 million, with a 24-hour increase of 4.68%. The top three in the total locked value of Sui ecological protocols are as follows: NAVIProtocol has a total locked value of US$63.16 million, a 7-day increase of 73.23%; Cetus has a total locked value of US$61.48 million, a 7-day increase of 46.34%; ScallopLend has a total locked value of 54.5 million USD, with an increase of 58.47% on the 7th.

Considering the growth rate of the public chain in the next round of bull market will be affected by the following aspects. First of all, the most important thing that plays a decisive role is the ecological prosperity of the public chain. The second thing is the total value of the cryptocurrency locked in the public chain smart contract. The third factor is the strength of the public chain’s investors. The last thing is whether the price can break through the previous high and officially take off. Sui Public Chain has shown strong development momentum, and Qingtian has continued to pay attention to the development trends of Sui Public Chain.

I am Qingtian, an old leek. I wish you riches. Please give me a follow and Ruisibei!

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