Cut losses and let profits run.
2024.5.9 Daily Update:
According to Watcher.Guru, Donald Trump announced that he is accepting donations to the US presidential campaign in the form of cryptocurrency. Trump said: "Biden doesn't even know what cryptocurrency is. If you like cryptocurrency, you'd better vote for Trump." Trump also promised that he would stop the US hostility to cryptocurrency and embrace it.
According to DL News, Michael Sonnenshein, CEO of Grayscale Investments, said at an event in London hosted by the Financial Times on Wednesday that the company will focus on converting its Ethereum Trust Fund into a spot ETF product; the company is withdrawing its application because many futures products are already available to investors; sometimes we apply for a product, which does not necessarily mean that it will enter the market. Sonnenshein said that although it is difficult to know what the US SEC thinks of Ethereum, Grayscale is "optimistic that the SEC will make the right decision for investors." He added: "Grayscale Ethereum Trust is already a company that submits reports to the SEC. We submit 10-K and 10-Q (documents disclosed to the SEC), and we are always a company that pushes regulators to allow cryptocurrencies to be further included in the regulatory scope." Earlier yesterday, it was reported that Grayscale had withdrawn its Ethereum futures ETF application to the US SEC.
Account status: Total capital of 480,000 (including dividends), principal of 150,000, and yield of 200+%. The total equity of the contract account is 420,000, the total position is 441,000, 40+ varieties, and 170+ pending orders.
Transaction records:
Currency: FRONT📉 Market price sell
Price: 1.746
Amount: $13999.7
Time: 01:16:05
Currency: FRONT📉 Market price sell
Price: 1.744
Amount: $1397.3
Time: 03:45:11
Currency: MATIC📈 Limit buy
Price: 0.6757
Amount: $2499.4
Time: 18:56:04
Risk warning: Leverage is not a devil, but a tool to improve capital utilization. Leverage itself has no risk, and the real risk comes from human nature.
