Bitcoin

You have to be confident that Bitcoin won't go to zero.

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I wrote several analytical articles today, because these two days of market volatility, many people have panic, so I think it is necessary to give some tips here.

First of all, a lot of people attribute the decline to the news, I would like to say, you see today's negative policy, is it released today? I think these policies have always been there, so why wasn't you afraid in July? Why aren't you afraid on October 26th?

I would like to say that the core of any message is how you interpret it. Now a lot of people are bearish and think the market is going to collapse. It reminds me of last November, when it was a bearish sound, when how many people blew up their positions and left the scene, but by June this year, how many people forgot the pain and bought it at $13,000?

Now let's talk about the negative news.
First of all, China's policy on blockchain is positive, and there is no objection to this understanding. But China has always been anti-digital currency speculation and ico because they pose a threat to the current financial system, so China will not change easily, as I have mentioned many times before.
https://cn.tradingview.com/chart/XBTUSD/P5ECO2ox-Is-the-spring-of-digital-currency-here/
Now that this policy has been in place for a long time, he has no influence on the market. But now someone has taken him out to hype, is "ulterior motives." Bitcoin is not china's "stamp market", he belongs to the world. So China's policy is unlikely to cause Bitcoin to crash.

Second, i would say, don't worry about Bitcoin turning to zero, because those "big whales", exchanges, are more worried than we are, they live on Bitcoin, they don't have Bitcoin, they have hundreds of billions of dollars in wealth, more than we lost.
Stick to the "right" deal, don't worry. The market just be ups and downs, going back to the past year, how do we face market volatility in November 2018, February 2019 and June 2019?

Third, about the trend of the market, I now maintain the June peak adjustment of the judgment, so the original target of 6380 u.S. dollars unchanged, but the time span is very large, I will be ready to correct. Even if it does fall $6380, I don't think it will happen tomorrow, after all, the market needs to fix the indicators, and we also see contract positions basically low, “short” severity has been greatly reduced.
Strategy: if we follow my tips before, spot + hedging, there is no need to worry now. When dif goes up through dea, we are unhedging. Let's wait for a big bounce

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