At a glance, it's obvious that you haven't experienced the hardships of Sun Ge. Sun Ge himself mentioned on TikTok that CZ would give a wave of benefits to the old TRON users, and he cut a banana and ate it with a fork, isn't that obvious? Can you condemn him? No. Can you say he has no conscience? He has hinted to you; I opened a 25x short on Tuesday, and since then, it has been non-stop like a mother’s fountain. This stuff is all learned from Jack Ma... 🥶 I guess only the old-timers in the crypto circle can get a piece of the action.
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Asoyoang
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$BAN 😂 What does it have to do with you that you are everywhere? You just made up a name and pretended to be a good person? I am not a black, I also have a ban, it was in place since 0.02, watching the community grow more and more, getting more and more outrageous, gradually moving towards pyramid schemes, not allowing free speech, not allowing the release of words that are not conducive to unity, are you going to revolutionize? It is good to be listed on the contract? You rushed in after a call, but in the end, your own contract was emptied, and you pretended to be a good person.
You guys are so greedy, do you know about binding your credit card? If your credit card is blocked, you can be fined without a cap. How poor must you be to want to touch everything?
The external community is doing this, for example, WBTC basically has no liquidity. But with BTC being referenced at a rate of 1/0.99005, to put it bluntly, it's just following BTC's lead, and the market can't really argue with that. In short, it's chaos. As long as the appetite isn't too big, generally, one won't get criticized... This kind of thing often happens during significant rises and falls, through web3 micro-operations, exchanging for ETH (you read that right, exchanging for ETH, WBTC is pegged to ETH)... Then wait for ETH to explode, go long and lock up coins... It's wonderful #ETH市场新动向
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BTC交易公子扶苏
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Is WBTC at a 100,000 discount now?
What is the operation of inserting a pin at 5200? $WBTC
Comment 1 - If you want to talk about the history of the past, I can only say that at that time I had over 2k ETH in my account, waited for him for two years, then switched to BCH, and bought 80 big coins at the lowest point of 4k.
Comment 2 - Brother, I also got stuck with Yuzu, I was fully invested in Yuzu at that time, and when the big coin dropped to three or four thousand in 2019, I was still buying Yuzu. We all know what happened later, the big coin multiplied ten times in 2020, but Yuzu didn’t move.
Summary…🐰 A winner must always run ahead of others, especially when closing positions.
If China slows down its cryptocurrency market policies, or even acknowledges that it is expanding its domestic cryptocurrency market to counteract foreign cryptocurrency trading, which of the older coins would maximize their benefits before the domestic cryptocurrency takes off? $BNB $XRP $EOS
《Watch if you want, don't if you don't》Anyway, the basic concept has been explained to you. Whether you want to continue being a gambler or start to understand it a bit more, it's all up to you.
If you must play contracts, remember the following points!! If you must play contracts, remember the following points! It's crucial! 1. Playing contracts is about betting small to gain big; experiencing losses is normal. However, after hitting a stop-loss, two types of people emerge: some will frantically open orders after a stop-loss, while others will enter a cooling-off period. My advice is that if you encounter frequent stop-losses, you should calm down, temporarily stop trading, and adjust your strategy. 2. Don't rush to succeed; trading is not a means to get rich overnight. When encountering losses in trading, maintain a calm mindset. Don't rush to open orders, and definitely don't go all-in. 3. It's important to recognize the major trend. When you can see a one-sided market through the chart, you should go with the trend and not trade against it, as going against the trend is the root of losses. Both beginners and experienced traders have a habit of trading against the trend. However, once the market trend is established, trading against it can lead to severe losses, so we must learn to go with the trend and patiently wait for opportunities to act. 4. You must manage your risk-reward ratio well; otherwise, it's hard to make money. Ensure that profits are as large as possible compared to losses, and at least maintain a 2:1 ratio before considering opening an order. 5. Frequent trading is a major taboo in contracts. If you are not a contract expert, you must restrain the impulse to open orders blindly, especially for new players who are full of passion for the market and want to seize every opportunity. However, most so-called opportunities will lead to losses. 6. Only earn money within your understanding; this is very important. 7. Do not hold onto losing positions; holding onto contracts is a major taboo, especially for beginners. You must ensure you have a stop-loss in place; holding onto positions is the beginning of a downward spiral. Again, I remind you not to hold onto positions. 8. Don't get carried away when in profit; getting carried away will inevitably lead to losses. $BTC #孙宇晨购得喜剧演员
A formula teaches you how to set stop-loss and open positions in the cryptocurrency contract Important reminder: Be sure to use 10% of the total investment funds to trade contracts!! Total investment funds are not your total assets!!!
You must be very envious of others opening 50x100x positions, right? Do you also fantasize about opening a high leverage position? Do you jump in as soon as the price hits? So how should I open a position and set a stop-loss?
First of all, to survive in the cryptocurrency market, stop-loss is essential; no one wants to experience another liquidation like 818 and 518. Secondly, while the leverage magnifies profits, it also magnifies losses. Therefore, before opening a position, you must first determine the stop-loss amount, generally calculated as 1-2% of the total contract funds, for example: if the total contract funds are 1000U, then 1000U x 1-2% = 10-20U. This amount is the loss you can bear!!
After confirming the amount you can bear for each order, use the following formula to calculate the position size.
Number of coins x Stop-loss distance = Loss amount
Taking a long position as an example, if my stop-loss amount is 20U and the stop-loss distance is when BTC drops 1000 points from the opening price, then I can open 20/1000 = 0.02 BTC. 0.02 BTC is the amount you can open, and if the stop-loss is triggered, the loss will still be 20U.
From the above formula, it can be seen that the stop-loss amount and the stop-loss distance determine the position size, while the contract leverage does not affect the position size; even if you open at 10000x, my stop-loss amount is still 20U.
Note: Please use the full position mode for high leverage, otherwise -100% will result in liquidation. In full position mode, even with a -1000% change, according to the above formula, my loss amount will always be 20U. #BTC再创新高97k $BTC
Go check the grayscale yourself. It's currently hanging around 97000 in large areas. Check the position yourself; it should be flat if it’s below 9200/9300. $BTC
How to Avoid Pitfalls as a Newbie in the Crypto World? Advice for Newcomers in Crypto 1. Don’t touch contracts!!! The crypto world has many seasoned traders, and many experts have lost everything in contracts. Newbies should stick to spot trading and hold onto their assets. 2. Don’t play with small coins Most small coins in the crypto world are designed to exploit investors. They can drop to zero, and those that fall over 99% in value, which you haven't heard of, should be avoided. Stick to mainstream coins. 3. Don’t use small exchanges Small exchanges always come with the risk of disappearing or going offline, which could lock all your funds. It is advisable to use mainstream exchanges and consider spreading your funds across these exchanges. 4. Don’t have overly high expectations The era of making tenfold or hundredfold gains is over. Now that many institutions and elites have entered the market, the big profits are gone. Achieving a doubling of your investment is already impressive. If you can avoid losses, you’ve already outperformed over 90% of people. 5. Don’t store money in unknown wallets For large amounts, it is advisable to store your funds in a wallet, as exchanges also have risks. For small wallets, there can also be risks of disappearing. 6. Don’t engage in ultra-short-term trading The fluctuations in the crypto market can be significant; it is common for Bitcoin to drop by 20% in a day, and altcoins can halve in value. It is difficult to control short-term trades, so hold onto the coins you have. 7. Set stop-loss and take-profit levels Set targets for yourself. If the price drops to a certain level, execute your exit strategy. If it rises to a certain point, sell decisively, regardless of how much more it may rise afterward. Many people lose money in a bull market because they fail to take profits in time. 8. Don’t bring all your funds into the crypto world The risks in the crypto world are too high, and both deposits and withdrawals carry risks. It is advisable to use your spare cash for initial practice in the crypto space. 9. Continuously learn and gain knowledge You can’t earn money beyond your understanding. Even if you make a lot of money at first, if your understanding doesn’t keep pace, you will quickly lose it back. Constant learning to improve your understanding is crucial. 10. Find an experienced and reliable mentor There are many pitfalls in the crypto world, and over 99% of people lose money. Find a reliable mentor with experience from whom you can learn. While it may not guarantee profits, it can help you avoid many pitfalls. However, do not seek mentors who promote contract trading. $BTC
Achieving financial freedom in the cryptocurrency world, summarized seven iron rules for trading! 1. If a strong coin falls for 9 consecutive days at a high position, be sure to follow up promptly. 2. If any cryptocurrency rises for two consecutive days, be sure to reduce your position promptly. 3. If any cryptocurrency rises more than 7%, there may still be an opportunity to rise the next day; continue to observe. 4. For strong bull cryptocurrencies, be sure to wait until the pullback is over before entering the market. 5. If any cryptocurrency has three days of flat volatility, observe for another three days; if there is no change, consider switching coins. 6. If any cryptocurrency fails to recover the previous day's cost price the next day, exit promptly. 7. If there are three in the rising list, there must be five, and if there are five, there must be seven. For cryptocurrencies that rise for two consecutive days, enter at a low point; the fifth day is usually a good selling point.
Remember these rules in the crypto world I want to share an extremely practical rule for the crypto world, it's really quite useful! When there's a big drop in the morning, it's a good opportunity to increase your position; when there's a big rise in the morning, quickly reduce your position to secure profits. If there's a big rise in the afternoon, just reduce your position and don't be greedy; if there's a big drop, the opportunity to buy is right in front of you the next day. In the morning, if it drops, don't sell your coins, buy more at low prices for T0, and in the afternoon if it rises, don't chase the price, wait for T1 operations. Don't trade short in a bull market, and don't trade long in a bear market. Control your position, and rolling operations are the best strategy. Don't hesitate, don't take chances, follow the rules to operate, and I believe you will reap a lot! In a bull market, don't sell in a downturn, in a bear market, don't chase the price rise." Let's seize every opportunity together and embrace every day in the crypto world!
Must-read for cryptocurrency enthusiasts! To avoid risks, you need to understand the Cryptocurrency Risk Avoidance Guide: 1. Legality of trading cryptocurrencies: Currently, trading cryptocurrencies is not illegal, but be aware that banks may restrict accounts, 2. Making money from trading cryptocurrencies and property crimes: Trading cryptocurrencies through legitimate channels does not count as a crime of unexplained property sources, but the risks must be borne by the individual. 3. Reasons for suppressing virtual currencies: Virtual markets are difficult to regulate and can easily be exploited by criminals. 4. Selling USDT and involvement in criminal funds: Selling cryptocurrencies may involve criminal charges, be mindful of the source of funds. 5. Selling USDT at high prices and illegal business crimes: Illegal business crimes often target exchanges and cryptocurrency traders. 6. Issues with multiple account freezes: Multiple freezes may be regarded as being aware of the situation. 7. Selling USDT on exchanges: Risk of receiving black funds leading to account freezes, carefully choose exchanges. 8. Legality of cryptocurrency traders on exchanges: Cryptocurrency traders must be cautious of criminal charges. 9. Selling USDT at high prices over-the-counter: Receiving criminal funds is illegal, proceed with caution in transactions. 10. Compliant cryptocurrency exchanges: It is recommended to choose compliant exchanges, cryptocurrency is not outside the law. 11. Cash deposits: Be aware that cash deposits may be inspected, operate legally. 12. Large account deposits of over a million: Large transfers must be handled with caution, stay away from illegal activities.