Users engaging in contract trading, please pay attention, this is a major issue concerning your personal interests.
In the past month, the trading volume reached 13 million, which means the fee expenditure was between 5200-13000.
If profits and fees are at a breakeven point, how can one make money?
At this time, fee rebates are required, which can either provide you with the capital to make a comeback or supplement funds during timely loss mitigation, or simply enhance your earnings.
Based on the trading volume in the chart, you can calculate the range of fees, then according to the user rebate ratio × fee expenditure range = approximate data range for rebates.
Generally, for users who trade long-term, earning rebates that exceed the principal is quite easy.
Therefore, for users, rebates are extremely important, and you should not fill in the invitation code casually.
Because different invitation codes have varying rebate ratios, methods, and timelines, a 5% difference in rebates can lead to a difference of hundreds or thousands of U in large trading volumes.
🔺 Fee rebates are mutually beneficial, but they should not be used to exploit uninformed users; strict measures should be taken against those deceitful KOLs.
For experienced contract users, it is essential to have a rebate; otherwise, the losses can be significant. Assistance is available for those in need. If you cannot find a way to establish communication with me through personal introductions, homepages, etc., then we are fated to miss each other.

I was once the chief market maker at Gotbit.

Now that the confidentiality agreement has expired, I can reveal:

When you see a celebrity loudly launching a token on-chain and it quickly trends, it is usually a carefully orchestrated harvesting scheme.

This strategy was one of the earliest I designed while researching market psychology.

The biggest advantage of the meme market—also its most vulnerable point—is emotion.

We identify target individuals, usually a president of a small country or a popular celebrity, and pitch them the concept of a 'national digital currency' or 'fan economy token.' The president thinks he is promoting financial innovation, but in reality, he is merely the fuel for market sentiment.

My strategy differs from traditional high-frequency trading; we do not just provide liquidity but shape the market atmosphere.

First, we get the president to tweet announcing a 'national cryptocurrency plan,' then we have crypto KOLs amplify the message. FOMO spreads rapidly, and meme group chats made up of retail investors start to fervently discuss, causing trading volume to soar.

When the market reaches its emotional peak, I will use well-known on-chain addresses to create signals, prompting smart 'front-runners' to buy in. Retail investors see the smart money entering and begin to follow blindly.

However, the real sell-off does not happen directly but is covertly distributed through liquidity pools. We place the tokens in the pool and gradually release liquidity, rather than crashing the market, leading it to mistakenly believe that prices are stable.

At this point, the market enters a 'frenzy zone,' and I will sell during the last wave of price increases when retail consensus is reached.

Ultimately, I let the president's team end it all themselves.

When they start to realize that the market is out of control, we will tell them: 'The market has risks; it is advised to keep a distance from the tokens.' The president will then tweet: 'This project does not represent the national stance; investors are advised to be cautious.'

An hour later, the tweet is deleted, market confidence completely collapses, liquidity disappears, and the token price goes to zero.

While I cannot reveal too much, please remember:

Most of the 'celebrities launching tokens' you see are merely masterpieces collectively 'painted' by marketing teams in chat rooms.

My pseudonym at Gotbit is 'Michelangelo.'

This is not only because I once went mad (though that is part of the reason).

But also because I created the most exquisite celebrity token traps.

On the role of quantitative robots, this is a lengthy discussion, please read with caution.

I was optimistic about a certain altcoin OL, which dropped from a high of around 0.7 to 0.15, thinking that it had basically corrected. Since this coin just launched, it surged from 0.05 to 0.7 without much correction, and combined with favorable project information, I ignored the market risks and entered a significant position at 0.15. After all, having played in the crypto space for a while, I wanted to take a big chance, which led to a heavy initial position. As a result, the market corrected to a low of around 0.56, and my initial position suffered a loss of over sixty points, resulting in a major hit, with one account even facing liquidation. Under the premise of having a quality asset, I could only manually keep adding to my position to lower my cost, as I needed to ensure my position cost was lower than most market users to be more flexible. Along the way, I cut losses on several BTC, ETH, Sol, and other contract margins to prevent liquidation. Now, the total spot and contract holding cost has come to 0.1, still in a loss position. The tokens I've set aside in wealth management can only yield an annualized return of 1%, with significant capital occupation.

This week, I called a portion of USDT to restart the quantitative robot. A drop of five points on 600 USDT allowed for an automatic rolling position, and a rise of five points could generate about 29 USDT in returns. Based on the current market fluctuations, I can trade about 5-6 times a day, earning around 150 USDT daily, which converts to about 1000 RMB income. I consider this as holding interest, and it feels pretty good. This approach has two benefits.
First, the holding interest can be secured through continuous compounding, allowing me to hold my position longer without anxiety.
Second, the holding cost will continuously decrease. If the robot keeps buying during a market downturn, it will lower my cost and avoid being trapped at high levels, making my position more flexible.

Trading is inherently counterintuitive; a single success does not bring about significant change. Instead, it requires continuous summation of mistakes and overcoming emotional influences to find a way to trade that aligns with the market. Ultimately, money will flow from emotionally unstable individuals to emotionally stable ones, and quantitative tools will be indispensable for future trading. I will continue to persist.

Alas, we are all doing quantitative analysis, why make a market so chaotic? If you are a traditional quant, what is your intention in taking orders without running tests yourself?

SSV and LPT are quietly increasing their issuance. What other coins have been mentioned in the comments section? $SSV
$LPT
These garbage projects #代币增发

It's been six years, you called me an old lady obsessed with pyramid schemes, you advised me to stop early and not to sink deeper, son, today the old lady used pi to buy a house for you to get married!

OL has minor positive news, worth continuing to hold attention #链游市场

The Shanzhai market has started in full swing. Will the market that has just recovered its investment come to an abrupt end?
Should we sell it after recovering our investment or what? Did you come to the cryptocurrency circle just to recover your investment? Follow me and share some useful trading strategies? #你看好哪一个山寨币ETF将通过？ $RPL

$BNX
This short position is becoming more stable. I have multiple angles to short, but I respect others' fates. I am not a Bodhisattva. If you have been following me for a long time and have earned a bit from the information I provide, could you get a commission rebate from me so that we can both have more connections? $TST
If you register with someone else's link, they won't give you a dime back. However, if you come to me, not only can you save on fees, but I can also provide full service for you. Binance brokers are here to serve you, not those small fry or minor KOLs #币安上线1000CHEEMS和TST #手续费返佣

It's like giving away money. On the importance of understanding the trend and executing it, some people's short-selling button was blocked? Can't short-selling? $BNX
$TST

I heard you're taking over again? Liquidity is actually the inverse of leverage
In Binance, for a project with a market cap of $100 million, you might invest $1 million, and the price won't move much, while on DEX, it might move up ten to twenty points. This difference is leverage, which is liquidity.
The better the liquidity, the lower the leverage. If you invest $100 million and can't move the price much, how high can the leverage be?
How much can Trump really make from this? $1 billion? Definitely not that much, but the market has turned bearish.
Spending $50 million on Binance to raise the project’s market cap to $500 million and then cashing out $100 million is ideal, but on-chain, you might only need to spend $5 million to raise it to several hundred million, and then short on contracts, even if you can't make $100 million, millions would still work.
The market makers also need to consider ROI; you can see if that's true.
Can the same amount of money in jellyjelly make as much on Binance?
What about vine?
The on-chain bull market will continue as long as the on-chain leverage is still higher than CEX; this process will persist.
On Binance, if you want to profit by pulling up the market, you might need to invest $50 million to raise it to a market cap of $500 million and then cash out $100 million, which has a low ROI.
But on DEX, you might only need $5 million to raise the market cap to several hundred million and then open contracts to short (reverse pumping), even if you can't make $100 million, making millions would still work, with a higher ROI.
$TST

Most positions have been closed, $BERA
Attempted to short a little BNX$BNX
If the price continues to rise, add a short position every ten points

Why is it said that missing out makes it easier to lose money?
In the past couple of days, those who missed out and sold off $TST
will find themselves chasing prices in their aversion and greed, participating in the crazy on-chain PvP, ultimately leading to even greater losses.
Many people feel that missing out is worse than being trapped, because when trapped, you have others with you, but missing out feels like being abandoned by the whole world. Watching others make money while you lose feels even worse. Generally, when a couple of coins from a blockchain go viral, the following days will be hot, and various emerging concept coins will appear, creating a lively on-chain atmosphere. People will constantly tell you how many times a certain coin has multiplied, how many times another coin has multiplied, and after hearing it repeatedly, it’s easy to follow along into PvP, ultimately losing all the $BNB in hand.

I haven't played event contracts yet. Isn't this just guessing the size? The handling fee is so worn out, is it necessary to play? Even if you get a handling fee rebate, this thing is too worn out. Binance can only give you a maximum of 40% in the first month and 30% in the next month. The bulk of the contract fee is always given to the platform exchange. The more transactions you make, the more disadvantageous it is for you. If you want to arbitrage handling fees and get handling fee rebates, you shouldn't use event contracts, right? Is there any brother who knows how to correct me? I haven't played it and don't understand the mystery.

If you simplify the rise and fall of the currency circle to betting on the size, you are actually sad, because you can't hold it if it rises, and you even want to short it.

How to distinguish one thing as investment and gambling is actually a big question. It is worth your time to calm down and think about it. Only when you think clearly before going on the road, the operation is actually more rational#事件合约 #合约爆仓 $BNX

Today, let's consider a question about fee refunds!!!
Are fee refunds real, and is it necessary to pursue them?
For Binance users, if you only engage in spot trading, you may not need this fee refund, because the platform's spot trading FDUSD trading pair has zero order fees, so you don't pay a penny in fees, just focus on making money from trading.
For users who are involved in contract trading, it’s best to get one, because as soon as you open a position, fees will be incurred, and each order's fees will be refunded, saving fees one order at a time. (At this point, some people may say that fee refunds are all fake, that your fees are eaten by your superiors when you trade.)
Firstly, we need to consider a question: if you do not have a fee refund, are you paying all your fees? They take a portion back and refund you, making a little profit in between — this is normal. It’s impossible for someone to make no profit at all; even a saint cannot achieve that.
It’s important to know that in this society, without any mutual benefits, no one can trust anyone.
Moreover, to ensure a stable weekly fee refund, the data for each user must be accurate, and it should be easy for users to verify the refund data. Daily refund data needs to be recorded with an ID for statistical purposes, and all of this requires KOLs to handle it themselves. (This is limited to oneself; other KOLs may not be clear, and you should be able to see the differences.)
The most important thing is: professional fee refund services do not involve trading, do not promote coins, and do not engage in any trading-related matters.
Users can consult if there are issues when using the platform, and we will provide detailed answers to clarify your doubts. $BNX
$RPL

Good news, RPL has pulled up the price
Bad news, I bought it at $13
$RPL continues to pull up the price, I will get my money back only when the spot price reaches $13U, the contract fee rate has started to go up, I dare not participate in the contract for this kind of coin, I can only do the spot

The short position continues to be held, the second round of airdrops has begun the claiming phase. Based on the experience of airdropping to the community over the past two years, there is still approximately a ten percent drop in value.

Contracts should stay away from coins with high circulation and low market value, only spot $BNX