How much money have you made in the cryptocurrency industry so far?

Last year, more than 5K opened a 100x leverage stud all the way to 11W
It has increased 22 times. I think I will stop if it increases another 22 times to 220W.
Then the position was liquidated and returned to zero.
From then on, I am still losing money to this day.
I made an observation and found that basically no one is more aggressive than me in placing orders.
Last night, I opened a 125 times short position continuously, and it increased 8 times. When it encountered a rebound, it was liquidated again.
The contract is too purgatory#币圈生存 #爆仓

I am the God of Wealth, a veteran in the currency industry, and I only tell the truth. If you are interested in the currency circle and want to get started quickly but feel confused, please follow me and contact me through the homepage. I will provide you with real, valuable advice to help you move forward steadily. Let’s explore, grow and create brilliance in the currency circle together!

What is liquidation? After searching on Baidu, I still don’t understand. Can any professional explain it?

If a Bitcoin costs US$50,000, and you spend US$50,000 to buy a Bitcoin, this is an ordinary transaction.
But there is another concept called leveraged trading. You still buy a Bitcoin, this time you only need to pay 10%, 5,000 US dollars, and I will pay the remaining 90% for you. This is the so-called ten times leverage transaction.
Of course, the 45,000 I paid for you was not free, it was lent to you, and you must pay it back to me later.
If Bitcoin rises to 55,000, which is an increase of 10%, you sell it and return 45,000 to me, and you will still make a net profit of 10,000. In other words, your principal of 5,000 is directly doubled.
Of course, if Bitcoin falls to 45,000, you will face a problem. The remaining value is only enough to repay the money I borrowed from you. So although it only dropped 10%, under ten times leverage, your own 5,000 is equivalent to losing all your money.
At this time, you say that you are sure that the price will rise back. If you don't sell, just hold on, okay? Definitely not. You can hold on to your own money, but if I borrow your money, it's my money. Why should I hold on to you? If it doesn't come back, how can you pay me back? So I have the right to sell the coins for you and take my 45,000 directly. Even if the sales are slow and the Bitcoin price drops to 44,000, then if you sell the Bitcoin, not only will you lose all your money, but you will also owe me 1,000. This 1,000 is a debt that you must repay. This is the so-called liquidation.
If you don’t want to liquidate your position at this time, you have only one option, which is to cover your position. For example, if you add another 5,000 to your account, the value of your cash plus Bitcoin will exceed 45,000 again. I feel relieved. #爆仓 #BTC

It takes three years to enter the industry, five years to master it, and ten years to become the king. Trading is not about getting rich in one go, but about making reasonable profits that can be long-term, stable, sustainable, and highly probable, so that you can continuously obtain wealth. Professionalism creates value and details determine success or failure.
I am the God of Wealth, a veteran in the currency industry, and I only tell the truth. If you are interested in the currency circle and want to get started quickly but feel confused, please follow me and contact me through the homepage. I will provide you with real, valuable advice to help you move forward steadily. Let’s explore, grow and create brilliance in the currency circle together!

#SC #BTC #PEPE #爆仓 #跳楼 Before, I lost more than 10,000 in contracts when Bitcoin was more than 20,000, and left the market in despair. This year, when Bitcoin was 60,000, I couldn’t help but enter the market and made almost 10,000 in three months. I was greedy enough. I thought I was going long on a high leverage contract, so I covered up my position as it fell. I was complacent after making a thousand dollars when it rebounded. However, I encountered a big correction in the past two days. In just two days, I lost all my money, including the money I earned, to more than fifty thousand. , I have lost all my money, and I have no bullets in my hands. How should I continue to live?

I have no chips in my hand. Do I really need to add more chips? I don’t have any investment strategy. In the past, making money was all based on the bull market and luck, and losing money was all based on strength. However, I lost a total of nearly 50,000 principal. It’s really not worth it. willing🥲🥲🥲

Midday dynamics
1. There is only one day left before Bitcoin's block reward halving;
2. Yesterday, the spot Bitcoin ETF had a net outflow of 4 million US dollars;
3. Base released the 6th round of Base builder funding list in 2024;
4. Data shows that the proportion of native staked ETH in Eigenlayer TVL exceeds 61.1%;
5. In the past 4 hours, the total amount of liquidation in the entire network reached 116 million US dollars, of which long liquidation reached 94.9269 million US dollars;
6. The IMF report pointed out that Bitcoin has become an essential financial tool for preserving value in times of financial instability;
7. People familiar with the matter revealed that CZ gave up voting control of Binance FZE in order to obtain a Dubai VASP license.
#BTC🔥🔥🔥🔥🔥🔥 #减半 #ETFbitcoin‬ #爆仓 #base

If I spend one million to buy a coin with 1,000 times contract leverage, and then that coin rises a thousand times, will the platform give me my one trillion?

Young man, you are too young to know what it means to be the boss.
Come on, I'll play against you. I accepted your 1000 times contract. Theoretically, if the price drops by 0.1%, your position will be liquidated.
I have 20 Bitcoins, and I can easily drop the price by 1% just by trading on the spot market. In the process, you will be liquidated. I made a net profit of 1 million.
Then I spent money to buy back the coins I sold.

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In 2013, I once owned several altcoins. Later, the state issued a document not allowing speculation in virtual currencies, so I stopped. The peak of 2017 produced some remaining Bitcoins and Litecoins. Today there are tens of thousands to hundreds of thousands of altcoins of various colors, but of course, they are all worthless.

PS: Currently there are bankers for Bitcoin, Dogecoin, ETH, and XCH. In other words, there are large funds controlling the market, and as the epidemic ends, the Federal Reserve gradually raises interest rates. As expected, this wave of Dogecoin is the final madness. The collapse of the currency circle is not far away. It is recommended that everyone participate with caution. #BTC #爆仓 #以太币
It takes three years to enter the industry, five years to master it, and ten years to become the king. Trading is not about getting rich in one go, but about making reasonable profits that can be long-term, stable, sustainable, and highly probable, so that you can continuously obtain wealth. Professionalism creates value and details determine success or failure.

I am the God of Wealth, a veteran in the currency industry, and I only tell the truth. If you are interested in the currency circle and want to get started quickly but feel confused, please follow me and contact me through the homepage. I will provide you with real, valuable advice to help you move forward steadily. Let’s explore, grow and create brilliance in the currency circle together!