There are 3 pieces of news on Nightline today worth paying attention to.


1. On the issue of tariffs, the postponement of one month does not mean that there will be no tariff increase. This means that the tariffs will still be raised, which also means that the approximate time of the next decline, I don't need to say. You can calculate the date by yourself. This is like a clear sign telling you. You just need to pay attention to the date and remember to make an early move. Don't talk about the release of negative news being over, it doesn't exist. Negative news is negative news.
2. The news of the White House holding a cryptocurrency press conference is a clear positive signal. Regardless of the content, it will have a positive effect in the short term. However, this event cannot directly promote or attract large amounts of off-exchange funds. Currently, it is still a FOMO situation within the exchange. Be aware and don't be the last one to join.
3. The Sovereign Wealth Fund established by D-Wang is equivalent to bypassing the presidential ban. It means that everyone knows which entity this institution represents. Some things that cannot be done due to the ban, such as promoting D-Wang Coin or promoting other coins, can be done by this institution. And the market will 'follow suit'. It is like a 'white-glove' institution, a very clever way to save the country. For example, if the Federal Reserve does not support BTC as a strategic reserve, but this Sovereign Wealth Fund does, then retail investors and other institutions will naturally follow suit and buy during D-Wang's term.

Finally, what I want to say is that, to correctly understand some news, in tonight's live broadcast, I found that many friends still like "wishful trading", that is, because I hold spot or long position contracts, I will over-interpret some news, or have unrealistic fantasies about future expectations.
As a trader, you need to ensure a clear mind and rational judgment at all times. We are not pessimistic, but we also do not have high expectations for the market. Without hope, there will be no disappointment. If you want to survive and make money in this market, you need to start by getting rid of human nature. Avoid extreme joy and sorrow. Even if you make money, you don't need to shout about it everywhere, and if you lose, you don't need to grieve secretly. In the trading market, gains and losses come and go, and no one is always victorious.
Overall profitability within the period is sufficient, do not demand too much from yourself and the market.
Finally, brothers, good morning! #金蛇衔财:喜迎新春,$50,000大奖派送中
FOMO3,87%
BTC0,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)