Bought a brand new 90-inch TV for only 989 RMB. That’s equivalent to 143 USD. The prices here are really pitifully low. However, the installation fee is 100 yuan. Labor costs are really expensive.
When Trump was engaged in a trade war, Bitcoin had only fallen to over seventy thousand. Is there currently a crisis more severe than the trade war? The war is only happening in a localized manner abroad; the United States is fundamentally an oil-exporting country, and the most affected regions are still Asia and the Middle East.
Bitcoin should not always be halved in price; a halving without a major crisis in the market is fundamentally due to excessive speculative sentiment in the market.
Bald heads are so close to America, but in the end, they were harmed by Americans. My grandfather also became a homeless person because of the fall of the mainland. It was very difficult to escape from the mountains, and later, because he met an actor who had helped him with his performances, he was sent to a nursing home. He survived the most difficult period. Later, my grandfather died on a farm. My parents both starved in the 1960s. The most ridiculous thing is my father, who actually used to secretly read Das Kapital as a student, and even joined the army to liberate China. In the end, due to family background and other reasons, he was taken to live in the countryside. He was even beaten by a farmer. In his later years, he often said to others that he saw those who harmed him die before him. He also said that bad people do not suffer retribution because their parents have accumulated virtue.
These short sellers and long buyers are really ridiculous. I previously saw a short seller who made 20 million, but now only has a profit of a few million. Why doesn't he close his position? Does he think it can still drop?
When I went long at the price of sixty thousand, a group of short sellers humiliated me, urging me to short, spreading panic everywhere, saying it would drop to fifty or forty thousand. I lived in panic every day, forcing me to be ready to top up and increase my margin at any time. Now it's good, I've broken even, originally losing four or five thousand in spot, now playing contracts, directly earning over ten thousand.
I didn't dare to trade contracts before, precisely because investing in dual currencies gets stuck, and I had to trade contracts to recover my losses. That's the reality; when the market is not good, a group of speculators shorting the market doesn't crash like the Nasdaq, but rather simmers slowly like a frog in boiling water.
When Bitcoin reaches 80,000, I will start shorting. Even if it rises to 100,000, I won't touch it. There are too many speculators in the market shorting.
Many people intuitively think that the drop in Nasdaq will lead to a continued drop in Bitcoin because they never look at the K-line chart. The Nasdaq has not been halved; on the contrary, Bitcoin has already been halved. The sentiment around Bitcoin's decline exceeds the market's expected drop. So now the Nasdaq keeps falling, while BTC is in a sideways upward trend. The future expectation is that the Nasdaq will rise significantly again, and currently Bitcoin is in a sideways position, not continuing to drop, which indicates that the Nasdaq has not reached its bottom.