Market analysis on December 10: Return to Zerocoin’s Great Escape

Last night, OKEX released the seventh batch of deleted token trading pairs. I don’t know if you have these coins in your hand. If you have any, you should quickly throw them away. Random numbers made no difference and worthless.

Sure enough, looking at the market this morning, these coins collectively dived, let's feel it.

This may be the last wave of smashing by the project party (dealer). Compared with returning to zero, it is better to exchange as much money as you can, even if it is a little scum.

Those leeks are the worst. Hearing the publicity of these projects and believing their big cakes, no matter how the currency price falls, they will only tell you one sentence: hold on and don’t move, the team is working!

There is no essential difference between them and the MLM funds mentioned yesterday, they are all liars.

We have repeatedly emphasized not to be delusional about altcoins. Some people always take Litecoin or Ethereum as an example. They used to be "altcoins". Why can they gain a firm foothold now?

What many people don't know is that when an Ethereum rises, how many public chain projects fail behind it? A Litecoin has not been reset to zero, how many altcoins that copied the Bitcoin code and changed parameters have been reset to zero?

There are also people who have blind trust in big exchanges, and always think that exchanges such as Huobi or Binance will not list these zero coins. This kind of thinking is completely wrong, and the reality will only slap these people in the face.

Just look at a coin from Binance today.

Even if it is as strong as Binance, Super Mario should still come, and it will fall back to before liberation.

This is an obviously manipulated market. Buying these air coins is playing a clear card with the dealer. Are you sure you can play it well?

Today you are still immersed in the joy of rising every day, and tomorrow you may be immersed in the whirlpool of regret "Why didn't I sell it yesterday".

The reason why many people buy altcoins is also very simple. They believe that altcoins outperform Bitcoin, and outperform Bitcoin by many times.

This kind of currency is not without it, and I also believe that there are such high-quality altcoins that can outperform Bitcoin in the end, but buying these currencies is the same as buying a lottery ticket, the probability is extremely low, and the probability is zero.

Even Bitcoin needs a long period of time to reach new heights in shocks.

What dealers in the market need are bloody chips, and only bloody chips can make big money.

Keep an eye on your pockets, don't hand over bitcoins easily, earning more bitcoins is the right way.

Lighthouse Community—Jiangge

Lighthouse Community—Jiangge

BTC

Bitcoin hit 7650 precisely last night, and it has already fallen below the strong balance point of 7450, so it is easy to trigger a small dive here. But those who hold positions here can continue to hold positions, and those who do not hold positions do not chase orders. If there is no diving within a few hours here, you can win more orders and enter the market.

ETH

The trend of Ethereum is similar to that of Bitcoin, but slightly weaker than Bitcoin. Yesterday's market was also accurate to 151. Those who hold positions can continue to hold positions, and those who do not have positions can wait for opportunities. In the short term, if you hit up first, enter the market with an empty order. If there is no diving within a few hours, then it is necessary to win more orders to enter the market.

BCH

On the verge of diving, if the short-term rebound reaches 209-210, you can enter the market with an empty order. Don't win long orders, the trend is too weak.

LTC

The trend of Latiao is obviously weak, and now it is waiting for high-level empty orders to enter the market. Without the drive of other currencies, this currency will have to fall.

EOS

There will also be a small short-term dive in the trend. I don’t need to worry about entering the market last night for the time being. I will dive out next time and then win more orders.

XRP

As Ripple said, as long as other currencies do not fall, they will rebound. The current short-term rebound is imminent. But don't buy bottoms, other currencies are too weak.

Bitcoin price at time of publication: $7341