Neiro has been very certain about many things this year, but ended up losing money and has exhausted the principal. First mistake: one should not engage in contracts; even if you are confident, the back-and-forth can make it hard to maintain a stable mindset, and I will never engage in contracts again. Second mistake: always wanting to make quick money, buying things like low-quality coins; there will be no opportunity to re-enter the crypto space this year, but perhaps there will be in the future, and I will only trade spot, not low-quality coins.
The market is always counterintuitive; retail investors and beginners never have an empty position. When trading spot, they want to fill their positions, and when trading contracts, they want to keep opening new positions. Trading requires a profit plan. We aim for a 5% profit per week, 10% per month, and 15% per quarter. If achieved, stop and wait.
Beginners and retail investors think, I've already made money, why not keep operating? I brought so much money into the crypto space to make money, to keep earning. Shouldn't I make more during a bull market? Will I make money during a bear market? Guess what, will they end up losing or making money?
After a period, this year and last year mainly lost in contracts! The most tuition fees are in contracts, followed by spot trading, and finally in Shitcoins and issuing tokens!
Currently, there are 500u left. Will it disappear this time as well? I've really discovered an issue: the constant desire to make quick money, earning a lot in just 1 hour or a few minutes, is unrealistic.
$ARK It took 2-3 days from 7000u to 19000u, and 1 week from 19000u to 1500u. I have read many strategies posted by others, all of which are good, but I cannot execute them completely. Start from now. Divide the funds into 5 batches, and use only 1/5 each time, and do not go all in.
$ENA I saw someone in the group saying that people who buy and trade cryptocurrencies are all crazy. I was about to scold him, but then I felt that he was right. I wanted to praise him and scold him. He is really crazy.
I was optimistic about the coin $NEIRO at the beginning, so I bought the spot. Later, I did the contract and didn't buy this. I bought celo sui ena Neiroeth. The last time the contract almost exploded, the reason was that the position was too heavy. This time, the spot was changed to the contract, and the spot felt too slow, so I entered the contract. It took 2.3 days to make 19,000 u from 7000u, which was inflated. I bought several coins at the same time. I paid special attention to Neiroeth again. I saw the market maker enter the market, followed the entry, and did make a lot of money at the beginning, but then I gave it back. Now I understand that market makers can indeed push up the price of coins, but a few market makers control 10% of the shares, which has formed a banker. With the associated addresses, they sell high and buy low, and play around with retail investors. This time, the position is light, but I bought more coins at the same time. Although it will not explode, my mentality is already unstable. At this time, the position has become 6000u, and the original entry capital is 1000u less. The lesson is: light position, only buy one coin, don't follow the trend. Stay away from coins that are highly controlled by the market makers. I am still optimistic about it later, sui cell ena Neiro. Come on! I wish everyone good fortune!
$NEIROETH Current market maker positions: Gsr: 40.4M, wintermute: 3.4M From yesterday to now, my position has changed from 18,000u to 9,000u, which is half of the original position😭
Yesterday, the highest reached 19,000 U, and now it has fallen back to 15,000 U. Fortunately, it is a light position, so it is not a big problem. Continue to hold
Although I have always been optimistic about $SUI , I am currently stuck. The opening price is 2.33u, and the liquidation point is 1.2u. I am still holding the market.
$ENA Ethena community initiated a proposal to include SOL in the collateral assets of USDe I seemed to have seen this information just now, but I was moving bricks in the factory at that time and didn’t have time to get on the car😭
$SUI is really strong, without any callback. I thought it would callback, so I got off the train. But it simply callbacked for 5 minutes and then went up again.