I highly recommend the movie "Something Substance"
Although the movie itself is about anxiety about aging and appearance, I personally feel that this movie is also a reference for secondary trading. I will try not to spoil the plot:
First, the balance of "overweight degree x duration" = the balance of the degree of excitement and duration after the protagonist in the movie switches to a new identity.
Second, the two states of the protagonist in the movie are actually very similar to the two split mental states of people when they invest, proud of miracles/over-exertion and self-loathing, and their mutual self-perception.
When you are overweight and make huge profits, you will look down on your usual calm and steady state; and when you are usually calm and steady, you have a kind of reluctance to give up, yearning for, but disgusted with the possible side effects of the self in the state of making huge profits (but this side effect actually comes from yourself, but you just don't want to admit it).
These two states are actually yourself, but when you are in one of them, it is difficult to accept that they are actually one, which may actually be close to a mild schizophrenia.
It is recommended to focus on establishing a stable cash flow first.
I believe the benefits of a stable cash flow extend beyond the financial aspect; they also involve a mental aspect. If a person does not have a stable cash flow and continues to navigate a zero-sum game, it is easy to fall into endless confusion and anxiety, losing the meaning and direction of life.
Even if you are the winner in a zero-sum game, you may still fall into such a predicament.
Finally, I'm seeking some attention and sharing insights.
"Because a significant proportion of arbitrage funds is included in BlackRock's ETF net inflows." I really cannot understand how the artist came to this conclusion. I am very confused; I have doubts about data-related matters. I need certainty; otherwise, I cannot trust such data. I directly referred to BlackRock's iBIT prospectus for this. The first core question: How is BlackRock's ETF managed? Can there be a time difference to conduct an arbitrage operation using the time difference of the funds invested by investors in the ETF, or buy low and sell high to investors?
The minimum pullback requirement of 65500 was provided after partially closing short positions in the afternoon of yesterday's US market (early morning in China). I added long positions for FTM and APT, and after Bitcoin rose to 67000, I added back the short positions. Currently, the expected maximum upward position is 68000.
If it breaks through 68000, there is a probability of hitting a new high above 69500 (referencing the double top at the end of July) before going down (this is the most complex scenario I can think of). However, there seems to be insufficient time to perform this.
There is an arbitrage opportunity in the U.S. election that everyone might be interested in. Currently, there is about a 6-7% price difference over the past ten days, which is very high on an annualized basis. To put it simply, one leg is Polymarket and the other leg is IB. The former, Poly, is being pushed up by crypto enthusiasts, inflating Harris's odds, creating a premium, and we're arbitraging this premium back. Currently, Poly shows 64:35.8, while IB shows 59:41. You can buy Harris to win on Poly and buy Harris to lose or Trump to win on IB.
Why not buy Trump to win for hedging? If you do, you would buy Trump to win on IB and buy Trump to lose on Poly. There’s a small risk here: if Trump dies, you would still lose money. So betting on Harris to lose for hedging is a bit more stable. I won’t say more; everyone knows how to operate since they are seasoned players.
The Vitality of Meme Without a community, culture, or substance, there will be no vitality. Once the main players leave, only retail investors are left in disarray. Recently, the combination of AI and memes has become extremely popular. By the time it wraps up, will it still have vitality? What do you think? Even if artificial intelligence truly engages in entertainment with humans in the end? A truly vital meme must have weathered many storms. Even if it hits rock bottom, as long as there is a community, there is always a possibility of a turnaround.
Grass is a project that earned me 10,000 USDT. It's okay to miss out on the little grass; there’s still Gradient, a Depin bandwidth mining project invested by Sequoia. You can mine by downloading the Chrome browser plugin and running it in the background. You can use the fingerprint browser or LDPlayer emulator for batch mining! About Gradient Network: Gradient Network is an open layer of edge computing on Solana, designed to make computing inclusive, accessible, and affordable for everyone. Registration address: app.gradient.network/signup?code=65… Fingerprint browser download: suo.im/d3Q5h --------------------------------------------
If you are interested in meme stocks, if they are golden dogs, you will definitely get many opportunities to get on board. Don’t chase high prices with fomo and sell at the waterfall, as meme fluctuations are too large. If you are afraid of missing out, buy some stocks and add more when they fall back. Don’t enter when they are at their most fomo. If they can run out, they will definitely give you many good opportunities. Especially in new tracks, there are always dark horses. If the first dragon is fixed, others may surpass them at any time.
The market changes before emotions This morning, the Asian market reached a high of 695, with strong bullish sentiment. A pullback started in the afternoon (I advised to hedge at 68300), with OI not significantly dropping and liquidation volume not high. This indicates that the market sentiment is still FOMO, fearing to miss out on the bull market + leveraging to buy the dip + holding positions.
Based on the past six months of experience, we need to wait for a cliff-like drop in OI & massive liquidations to hit the bottom. However, if this truly is a bullish reversal, there is a chance that the bottom will be front-run and pulled back early.
Recently, AI concept memes have become very popular, with a single #AI meme valued at 300 million! I suddenly feel that real AI is really cheap! Continuing to dollar-cost average #Near, once again purchasing 50,000 USD, aiming to buy enough for 500,000!
Currently, true #AI is not getting any attention. @NEARProtocol founder Ilong 🐲 was a veteran figure in Google's #AI department and is the pioneer of the Transformer neural network architecture, a genuine AI scientist who has contributed a significant amount of code to Google's AI project TensorFlow!
He should be the person who understands AI the most in the Web3 field, continuously betting on AI, keep dollar-cost averaging!🫡 #Render #TAO #LPT
In the afternoon, I had a dream where I copied the memories from my brain and transferred them to an Optimus, then boarded a Starship to Mars. Upon waking up, I realized I needed to charge, and after moving my mechanical arm a bit, I thought this was just too cool.
I look forward to this day coming. Elon is definitely not from Earth; such a person supports Trump so much that there’s absolutely no possibility of losing this year. The next question we need to consider is: After Trump enters the White House next year, how much will $BTC rise as it becomes the United States' national strategic reserve asset? Are you guys ready to welcome it?
It's going to pull back. Because I saw some teachers using data to prove that the current buying demand is very strong, I think it's necessary to remind everyone to avoid being misled. Today's supply selling pressure is very strong, while the buying demand has decreased a lot. I have already led group members to stop profit and hedge BES in the morning. It's more obvious here with SOL (BTC ETH is similar, but not obvious). The K volume and price are synchronized from 4 to 8 o'clock, which is a good phenomenon. The K from 8 to 12 o'clock, the volume is reduced by 1/8, but the price fluctuation is reduced by 1/2. The volume and price are not synchronized, and the demand cannot control the price. This means that the supply has doubled and started to suppress the price, and it is shipping. The K from 12 to 16 o'clock, this is basically clear to everyone, a hammer K, the supply completely suppressed the trend of these 4 hours, shipping. I saw the first two Ks and knew that it was shipping in large quantities, no need to wait for the third K. The volume and price are so simple, and it is clear at a glance that the efforts have no results. Looking at the data, they still say that the spot buying is strong, why is the more you buy, the more it falls. #WyckoffSupplyDemandQuantityPrice#SOL
Led by the Northwest Community, $LOS was officially launched, attracting many Shib OGs and Neiro leaders.
This bot game on the SOL chain is not only the first on the sol chain, but also has more than 700,000 TG subscribers, and Tg_bot users have reached millions, which can be called a pure overseas meme project. It is worth noting that the support of the Northwest Community is not small.
Last year, they pushed $Neiro's market value to exceed 2 million US dollars, and this time $LOS started with 3 million US dollars. What is the future market value potential? You can refer to the performance of the Mouse Community last year. They once pushed the market value to 600 million US dollars. Now is the critical period to strengthen the community and raise prices. It is possible to set new highs every day.
This can explain several anomalies that occurred during last week's market: The ETF saw significant net inflows last week and the week before, totaling over $2.3 billion, but the CB spot market did not see the usual increase in transactions and instead maintained small sales. Some main futures in the market have seen this sign and believe that there is cross-trading day subscription arbitrage with the ETF. This suggests that some ETF asset management parties, after receiving user subscription funds for the ETF, did not immediately buy BTC spot but chose to wait for a while, buying after the price pullback, thus achieving arbitrage, essentially shorting the user's subscription order.
Many people ask me which projects have a valuation of over $1 billion and have not yet issued tokens. The ones I am more familiar with include: Farcaster, Berachain, Monad, Grass. Most are public chain infrastructure projects, but the last one, Grass @getgrass_io, is quite special as it is an AI + data platform project deployed on Solana, which has been very popular and should be somewhat known to everyone. They announced the latest round of Series A financing on September 21, led by @hack_vc, with insiders revealing that the valuation for this round of financing is nearly $1 billion. The reason Grass gained popularity initially was due to the gimmick of 'earning pocket money by sharing idle bandwidth.' These few words are indeed very appealing. I researched this project because most people have idle devices or bandwidth at home. If we can utilize these idle devices and bandwidth to earn some airdrop rewards, why not?
Cryptocurrency Holders = Psychopaths Research shows: Cryptocurrency holders have lower analytical and scientific thinking skills, and are more likely to exhibit psychopathic traits than the general population.
《Coin Keeper's Oath》 Bad news is coming, I will keep coins from now on until I die; I will not sell coins, cash out, or short; I will not look at the price, regardless of whether it goes up or down; I will hold coins faithfully, regardless of life or death; I am a believer in blockchain, a defender of Web3; I am the flame that resists the plunge, the light of the dawn of the surge; I am the horn that awakens the leeks, the shield that protects the coins; I dedicate my life and glory to coin keepers, tonight, and every night