Token Burn

How to retire early and keep your gains Probably an obvious post, but easy to lose yourself in a state of market frenzy. - - - - - 1. Dumb Investor a) Breakdown • Portfolio/net worth remains the same maybe due to bad decisions or getting caught by the market • Income stays flat, no compounding, no real edge b) Actionable steps • If trading is not for you , there are many other side quests to pursue (content creation, work full time at a project/company, build something with your close friends, airdrop farm) --> create more sources of income + focus on finding your edge (if trading perps is not for you, go on chain and vice versa) • Create a system in place: budget + journal + excel PnL and portfolio tracker + risk management systems • Learn to stop over trading, sit out when there is a lack of narrative and only be active when there is a new and fresh meta • Train your muscle memory to spot fresh narratives and non-consensus plays - - - - - 2. Smart Investor a) Breakdown • Spending decreases, disciplined and stay within the budget • Speculating/Apeing still present but possibly done more selectively and contributes to upside --> you did well, probably graduated from the trenches but still need to actively invest/ape if you are still at 6-7 fig port (here comes the fabled high 6s to 7 fig hell where "you are too rich to work, but also too poor to retire") b) Actionable steps • You now know how to survive (most impt) not to die in crypto. Now it’s time to learn how to win • Accumulate wealth by being smarter about bets (size into conviction plays) and maintaining control of expenses (you now have money, easy to squander it all away if not careful) • Zig while others zag (e.g early to robotics and biotech, or apeing PIPEs/equity stocks when everyone else was still in altcoins) • Size into things that will create meaningful returns to your portfolio, eliminate things that are time wasters • Systematise your learnings, stack XP points • Constantly off ramp, just to create a safe nest egg and diversify + spend on life upgrades • Scoop non-consensus bets at low valuations but they have strong team and market misplacing • Size into bigger cap coins that have narrative + future catalyst ("reasons that people want to own in the future") - - - - - 3. Wise Investor a) Breakdown • Everyone's goal, when income/portfolio becomes dominant through compounding and smart positioning --> you've probably reached high 7 figs to 8/9 figs here • Your spending is basically life upgrades, safety and enjoyment • Speculating is minimized or timed well, probably best just to put into safe stuff/btc --> constantly cash out to buy real estate, maybe a proper (kek) business • If done properly, probably exits the cycle early or becomes a giga whale • Humans basically want to optimise for 2 things: money and time, you've solved for the first one now buy back your time b) Actionable steps • Optimise for fulfilment and leaving a legacy (build or start something, work on your passions) • Prioritise for anonymity, stealth wealth, buy back time, safety --> the more you scale your port, the more you are a target • Wealth preservation is paramount Having said all the above, one quote still rings true for me: "most of us came from nothing, so how can we lose when we started of with nothing"

At 22:00 tonight, Federal Reserve Chairman Powell will deliver an important speech at the Jackson Hole annual meeting, which is undoubtedly the focal event in the current financial markets. Against the backdrop of a complex and changing global economic situation, investors are closely watching for any signals of interest rate cuts that Powell may reveal. If Powell's speech hints at the possibility of interest rate cuts, it is expected to cause significant fluctuations in global financial markets. The prices of various assets such as stocks, bonds, and gold may be affected, and investors need to closely monitor market trends. In addition to expectations of interest rate cuts, the choice of Powell's successor is also a focal point of market attention. The policy inclination of the new Federal Reserve chair could have a profound impact on the economic landscape of the United States and even the world. It remains unclear whether the new chair will continue the existing policies or embark on a new policy direction. This speech is not only about short-term market trends but may also influence long-term economic policies. Investors should remain vigilant and pay attention to the content of the speech and its subsequent effects. In the coming period, the direction of the Federal Reserve's policies will continue to be one of the key factors affecting the global financial markets. As the situation develops, we will continue to monitor relevant trends and analyze the potential impacts on the market in a timely manner. During this period full of uncertainty, investors need to remain calm, analyze market information rationally, and make wise investment decisions.

Today, an in-depth analysis was conducted on the market trends of Bitcoin ( BTC ) and Ethereum ( ETH ). Bitcoin has shown a rebound after a slight pullback, with a key resistance level currently at 113500. If it can break this level, it is expected to challenge the high point around 116000. Ethereum, on the other hand, shows a more positive trend, with a short-term trend turning. As long as the price remains above 4060, the upward momentum remains strong. The recent support level is around 4162, while the resistance above is expected at 4480. Investors should keep a close eye on the important speech tonight that may impact the market. Although the overall trend of Ethereum is bullish, it is still necessary to be vigilant about the significance of the 4162 support level. For Bitcoin, the current 112500 is a key level, and if it can effectively break through, the next target will point to around 115000. For Ethereum, 4210 and 4170 are important reference points, and after a breakthrough, it is expected to challenge the 4450 area. Market participants should closely monitor these key price levels while considering macroeconomic information to make informed investment decisions. The cryptocurrency market is rapidly changing, and managing risk effectively is crucial.

Tonight, the global financial markets will welcome an important moment, with the most noteworthy being the speech to be delivered by the Fed chairman at 10 PM. This speech could have a significant impact on the direction of macroeconomic policy, subsequently triggering dramatic shifts in global capital flows. If the Fed signals a tightening stance, the market may face pressure in the short term. Investors may shift funds to more conservative assets, leading to a correction in the cryptocurrency market. Ethereum may test the support level of $4214 and could potentially dive further. Bitcoin, on the other hand, needs to pay attention to the movement around $110,800. On the contrary, if the Fed's stance leans towards easing or maintaining the status quo, Ethereum is expected to break through $4,430, and even challenge the psychological level of $4,500. Bitcoin may attempt to break the $120,000 mark again. The entire cryptocurrency market may welcome a wave of bullish momentum. It is worth noting that historical data shows that during the central bank annual meeting, the volatility of Ethereum often exceeds plus or minus 5%. Therefore, market fluctuations tonight may intensify, and investors need to remain vigilant. Regardless of the market direction, the development of the cryptocurrency sector is always full of opportunities and challenges. Investors should closely monitor market trends, while also paying attention to risk management, and be well-prepared to cope with possible drastic fluctuations.

Recently, the price of SOL has shown fluctuations. After attempting to break through the key resistance level of 190 USD without success, SOL experienced a pullback, briefly falling below the important support level of 180 USD. However, technical analysis indicates that the market may be brewing new changes. On the 4-hour chart, the negative value of the MACD histogram is narrowing, indicating that although the bearish strength is still dominant, the momentum is weakening. At the same time, the hourly chart shows a three consecutive bullish candlestick pattern, suggesting that there is still potential for an upward movement in the short term. Nevertheless, investors should remain cautious. The market currently seems to be at a critical turning point, with the support level around $180 being the focus of observation. If it can stabilize at this position, it may create conditions for a subsequent rebound. For traders, the current market conditions may provide a potential entry opportunity. Consider establishing a long position near the 180 dollar support level, with target prices set at 188 dollars and 192 dollars. However, keep in mind that the cryptocurrency market carries high risks, so be sure to manage your risks properly. Overall, the current trend of SOL reflects the overall Fluctuation of the cryptocurrency market. Investors need to closely monitor market trends and flexibly adjust strategies to cope with various situations that may arise.