October 18, 2024

BN's first pre-market trading finally announced that it would be transferred to formal trading. This has led to some simple arbitrage. The spread of an SCR is $1 (now converged to 0.5), which means that one account has a full 250 US dollars. Although it is not a lot, this arbitrage thinking can be used as a reference. The biggest uncertainty at present is whether other platforms will deliver in advance, because there is a one-day time difference between BN's pre-market stop and the official launch. If it is delivered during this time, there will be uncertainty, which is the biggest risk of this arbitrage.

In fact, I hope that the market will improve, or I look forward to a bull market, not only because I have spot stocks in my hands, but also because the cottage stocks I have configured must have a big bull market to really rise. Another important reason is that there are more money-making effects in the bull market, and similar arbitrage and new stock gains are a very important part. I think a good rhythm is to have funds to buy the bottom in the bear market, and then take some mobile positions and use them for arbitrage in the bull market. Many people will ignore the gains of 1 or 2 points at a time, but in the end, in the long run, it is not clear who is better when converted to annualized. Why can Buffett be enshrined as a god with an annualized rate of 10%? It is because he can make 10% every year, which is much better than 100% a year and -50% a year.

As for the market, Bitcoin is still trading sideways at a high level. This market is still relatively strong. It takes a lot of money to maintain this price. It is expected to test 70,000 next. As for the market, the performance of the cottage is still mediocre today. The market's fomo sentiment is not high, but the meme on the chain is quite hot. However, don't underestimate the enemy. Every time the market is hot, it brings new players who are exploring new fields. Only when the funds overflow will they come to the old sectors. Therefore, it takes time to ferment in order to attract more funds.

It is worth mentioning that ETH, which has been criticized for a long time, has also stumbled from the lowest point of 2100 to 2600 US dollars, and the increase from the lowest point is more than 20 points. Compared with many altcoins, I think it is still very good. I have always felt that it is a good value for money recommendation after the previous drop. Next, we may have to wait for the big cake to continue to rush up and go above 70,000 to trigger the market carnival and fomo, and then there will be a general rise. At this stage, on the one hand, you should wait patiently, and on the other hand, if you have insufficient positions, I think you can add some altcoins appropriately, after all, the prices are still acceptable.

Thank you for your attention and likes.