Three Key Elements for Successful Traders 1. Understand the underlying logic of trading. Trading is about taking a calculated risk with stop-losses at key levels; these key levels are the core of trading, not random bets. Enlightenment means choosing only one scoop from the vast river. First, make a prediction and then follow; only with prediction in front and following behind will your growth rate be astonishing. 2. Understand human nature. Defensive stop-losses are a response to sudden situations. All technical methods in trading can lead to profits, but in the end, they all boil down to one point: human nature. Anyone reaching the elite level of the industry must come to the realm of mindset; those who achieve this level are truly rare. Trading ultimately comes down to the defense of human nature, which is a battle of profit and loss ratios and defensive strategies. 3. Understand how to control impulsive and spontaneous trading. A cheetah does not chase its prey continuously; it spends most of its time waiting for the appearance of its prey. Excellent traders are those who capture their prey through patience.
It is said that compound interest is the eighth wonder of the world. Smart people are using contract tools to earn compound interest. Many people think that their principal is too small, and that using contract tools will yield low returns, but that is a big mistake. In fact, it doesn't matter if the principal is small; as long as you have patience and are not anxious, if you calculate based on doubling your principal in a year, investing 10,000 yuan and using compound interest over ten years will yield 5,120,000 yuan, which is equivalent to winning a special prize in the lottery once in ten years!!! (Note: Slow is fast; only with compound interest can you make big money. Can you guarantee that you will earn 5 million after playing high-leverage contracts manually for ten years? The answer is no, but it can be achieved with contract tools!) #复利
What is the difference between AI intelligent quantitative robots and manual cryptocurrency trading?
① Manual trading requires constant monitoring, and you will feel anxious whether the price goes up or down. It is very tiring. ② The robot uses a cyclic position-adding method, intelligently monitoring trends. It buys when the price drops and sells when the price rises, requiring no human intervention, thus saving time and effort. [Quantitative Knowledge] Choosing a good cryptocurrency, holding onto it means experiencing fluctuations. Only when you finally sell do you know if you made a profit or a loss; the fluctuations in between are irrelevant to you! For example: If you buy a cryptocurrency for 10U and there are significant fluctuations over a year, resulting in the price still being 10U or even dropping to 8U, then you have essentially earned nothing over that year and may even have lost money.
23-year-old friend lost 300,000 in cryptocurrency trading over six months, unable to extricate himself even after losing money, has been admitted to a psychiatric hospital, hoping for recovery [hands together]
The path of trading is like a turbulent ocean, sometimes calm and sometimes stormy. But you are the fearless navigator, relying on sharp insight, calm judgment, and decisive decision-making to bravely forge ahead in the waves of the market. Every trade is a battle of wits between you and the market—every precise judgment is a shining testament to your professionalism. Those nights spent studying market trends, those moments of upholding principles under pressure, have forged your strength today. There may be temporary setbacks, but they are just minor interludes on the road to success. Your potential is like a treasure buried deep underground, waiting to be further unearthed. Continue to maintain a reverence for the market, keep honing your skills, and let each trade become a solid step on your climb to the peak. Believe in yourself; you possess extraordinary willpower and talent, and on the stage of trading, you will surely shine with the most dazzling brilliance, creating your own glorious legend! #比特币诞生16周年
At the end of the Qing Dynasty, Governor Zhang Zhidong of Hubei and Hunan said: "In my life, there are three things I do not compete for: first, I do not compete for profit with ordinary people; second, I do not compete for fame with scholars; third, I do not compete for idle disputes with pointless people."
People can't earn money from everything, and if they want to buy coins, they don't even know how many billions their assets could multiply to... The person saying this, why didn’t you buy Bitcoin when it was a few thousand? Isn’t someone who buys it at 700,000 just like that? I truly practice what I preach; if I say I won't play, then I won't play. Ten million is enough for spending, money doesn’t equal happiness... You can never earn all the money, but you can lose it all. I know myself too well; if I earn money and leave 5 million in the crypto world and lose it all, it means I don't have the fate to earn that money. Putting everything in would also lead to losing it all.
A famous psychologist said a very insightful sentence: First, "Don't be ashamed or die, and get rid of all mental illnesses. Anxiety is that you want to control too much, depression is that you want to succeed too much, compulsion is that you want perfection too much, hypochondria is that you want to live forever too much, and social phobia is that you want recognition too much. Second, "Let go of your obsession with results and focus on the process, and you will find inner peace. Fear comes from the unknown, and accepting the unknown is the first step to overcome fear. " Third, "True freedom is not to do whatever you want, but to not do what you don't want to do. Psychological shackles are often put on yourself. " Fourth, "Loving yourself is the beginning of a lifelong romance. Learning to accept your own imperfections is the cornerstone of mental health. " Fifth, "Don't always live in the eyes of others, because the world belongs to you and has nothing to do with others. "
To become a qualified trader, you must keep the following points in mind: Heavy positions lead to death. Adding to winning positions leads to death. Adding to losing positions also leads to death. Frequent trading leads to death. Not setting stop-loss leads to death. Entering the market blindly leads to death. Trading against the trend leads to death. Emotional trading leads to death. These are the painful lessons of many traders; the real reasons for losses are just these. However, not many remember these lessons after losing, and if you truly remember them, you won't lose! You must continuously overcome human weaknesses in trading to achieve success!
Three types of people who lose money in cryptocurrency 1. Playing contracts manually 2. People who play all-in and touch the capital plate, the project party runs away 3. People who play short-term will lose money even in a bull market. They dare not buy when the price drops, and do not want to sell when the price rises. They chase the rise and sell the fall. In the currency circle, those who hold the big cake for a long time do not lose money.
Playing robot contract tools for a long time and controlling the position well can make more money than holding the big cake for a long time, because it can arbitrage in the band. #量化合约
Three types of people who lose money in cryptocurrency 1. Playing contracts manually 2. People who play all-in and touch the capital plate, the project party runs away 3. People who play short-term will lose money even in a bull market. They dare not buy when the price drops, and do not want to sell when the price rises. They chase the rise and sell the fall. In the currency circle, those who hold the big cake for a long time do not lose money.
Playing robot contract tools for a long time and controlling the position well can make more money than holding the big cake for a long time, because it can arbitrage in the band. #量化合约
To become a qualified trader, you must keep the following points in mind: Heavy positions lead to death. Adding to winning positions leads to death. Adding to losing positions also leads to death. Frequent trading leads to death. Not setting stop-loss leads to death. Entering the market blindly leads to death. Trading against the trend leads to death. Emotional trading leads to death. These are the painful lessons of many traders; the real reasons for losses are just these. However, not many remember these lessons after losing, and if you truly remember them, you won't lose! You must continuously overcome human weaknesses in trading to achieve success!
Dear Crypto Friends: In this field of opportunities and challenges, we all harbor our own dreams and expectations, drawn by the unique charm of digital currency, immersing ourselves in this wave full of uncertainties. Every rise and fall feels like the ups and downs of a heartbeat, stirring our emotions and nerves. But we also understand that this is a market that is not yet fully mature. Its fluctuations are like storms, potentially sweeping away wealth in an instant but also bringing unexpected surprises. While we chase wealth growth, we must not forget our original intentions, and we cannot lose ourselves in the whirlpool of greed and fear. Please remain rational and calm, do not let temporary fervor cloud your judgment; instead, analyze each investment decision with solid knowledge and keen judgment. Do not place all your hopes on luck, but rely on your own wisdom and experience to explore the path ahead. No matter how unpredictable the market may be, may we all adhere to ethical standards, avoid participating in illegal trading activities, and jointly maintain the health and stability of this crypto environment. In this risky journey, take care of yourself and those around you, because while wealth is important, the essence of life and the bonds of family and friendship are our strongest support. Let us venture into the crypto world with a more mature and steady posture, hoping to realize our own value in this space, to reap our own share of achievements, and to cherish each step along the way.
Dogecoin fell out of favor, Musk retweeted "Frogcoin", and it soared 40 times in two days!
On the last day of 2024, the world's richest man Musk's name change on the social media platform X attracted widespread attention. On that day, Musk changed his account name to "Kekius Maximus" and adopted the green frog representing memecoin as his avatar. This sudden change quickly sparked heated discussions on the Internet. Affected by this, the meme coin Kekius Maximus, which has the same name as Musk's new nickname, rose sharply. This led Musk's 210 million fans on the X platform to speculate that Musk has abandoned Doge and is going to start promoting a new coin.
It's driving me crazy, I was bored wandering around the square and saw this coin. I saw it rise so much that I foolishly entered a short position of 2000u at 386. Then it skyrocketed, and I saw a floating loss of 100u. I added another 2000u, bringing my average price up to 395. It then consolidated for almost an hour. I still hadn't broken even, and I was afraid of being liquidated if it continued to rise, so I closed half of my position. I didn't expect it to drop again. When it was rising too fast, I couldn't help but open a long position, and within a few minutes, I lost over 20u. Sigh, all that effort for nothing and I'm still losing money.
175御姐炒币很垃圾
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I was so frustrated, wandering around the square and saw this coin. I saw it rise so much that I foolishly jumped in and opened a short position of 2000u at 386. Then it skyrocketed, and I saw my unrealized loss at 100u. I added another 2000u, bringing my average price up to 395. It then went sideways for almost an hour, and I still hadn't broken even. I was afraid of a margin call if the price surged, so I closed half of my position. Unexpectedly, it dropped again. When it was rising too rapidly, I couldn't help but open a long position, and within a few minutes, I lost over 20u. Sigh, what a waste of effort and still losing money.
Is China Ready to Start Massively Buying Bitcoin? Recently, remarks made by Binance founder Zhao Changpeng have drawn widespread attention in the global financial community. He revealed that China's cryptocurrency trading volume accounts for more than 30% of the global total and hinted that if the United States could prevent China from holding gold reserves, China might also turn to Bitcoin reserves. With 109 countries already joining the Central Bank Digital Currency Alliance, China is clearly one of the important members. If China really starts buying Bitcoin, what profound impact will it have on the global finance? Zhao Changpeng further pointed out that China might quietly acquire Bitcoin behind the scenes and publicly disclose this move at the appropriate time. He believes this approach could help China achieve a more independent position in the global financial system. However, some experts also indicate that if China intends to bypass the dollar's hegemony and accumulate reserves through Bitcoin, it would be very difficult. After all, the central banks of the United States and other countries closely monitor the flow of funds. In addition, Zhao Changpeng also put forward a thought-provoking viewpoint: as more and more countries join, the globally led financial order by G7 countries may gradually collapse, replaced by a 'Bitcoin G7' dominated by Bitcoin. This idea is similar to the Libra concept proposed by Zuckerberg in 2018, which was not realized due to strong opposition from Trump at that time, but Zhao Changpeng's reiteration of this idea has sparked new discussions. So, could this concept of a 'Bitcoin G7' really become a reality?