My dad just sent me a message saying he finally learned how to use a wallet today and bought his first cryptocurrency—ETH.
I asked him for his mnemonic phrase, and he sent it to me.
I stole his ETH worth $3877 and transferred it to my wallet. This incident teaches us a lesson: never share your mnemonic phrase with anyone, not even your son.
The US stock market keeps rising, and NVIDIA keeps rising. I watch as NVIDIA's market value surpasses that of the entire cryptocurrency market, growing further apart; the entire crypto market combined is not even as valuable as a single hair of theirs in the US stock market. It's making me want to rebel 😂😂😂
This is a turning point significant enough to be recorded in the history of cryptocurrency. Trump officially signed a pardon for Binance founder Zhao Changpeng (CZ), bringing an end to this nearly two-year-long legal tug-of-war.
Looking back at the entire journey, several key milestones have shaped today's outcome:
The storm that began in June 2023 reached its first peak when the U.S. SEC filed a comprehensive lawsuit against Binance and CZ. The world's largest cryptocurrency exchange faced unprecedented survival pressure, and the entire industry held its breath.
The turning point occurred in November 2023. CZ personally resigned as CEO and, at the cost of Binance paying a staggering $4.3 billion fine, reached a settlement with the U.S. Department of Justice. This decision, viewed in the industry as a 'desperate measure for survival,' effectively won valuable space for the exchange's continued existence.
Assets are stored in wallets, and people invest the money in the wallets to earn profits. These operations are carried out by people, and we can also personify the wallets; when these wallets make a profit from investments, we call them smart wallets.
#现货黄金创历史新高 Once gold is trapped, it takes at least 10 years to recover. This is because gold is a long-cycle asset. It was once speculated at the end of the 1970s when the dollar and gold decoupled, coupled with epic inflation, and after peaking, it was trapped for 28 years.
Then after the 2008 financial crisis, the Federal Reserve engaged in epic monetary easing, undergoing three rounds of quantitative easing, and after peaking, it was trapped for 10 years.
This time, it is unclear why there has been such a surge; various indicators do not support it, and it is purely driven by capital. Merely an expectation of interest rate cuts is not sufficient to produce such an effect. If it peaks this time, the duration of being trapped may be even longer.
Binance life is already empty Cryptocurrencies named in Chinese are likely to die Prepare 40,000 U, 3x dollar-cost averaging to short #加密市场反弹 #Strategy增持比特币 #美财政部比特币战略储备激增 #币安HODLer空投ZBT $BTC $ETH $SOL
#同舟计划 The Binance co-boat plan compensation is just a scam. From my observation in the square for so many days, there are indeed some people who have received compensation, but it is definitely only a small portion of people. The vast majority do not receive compensation. I haven't received it either. I asked customer service, and they said I do not meet the conditions. But I clearly meet all the conditions! I feel like many people in the square meet the conditions but have not received any compensation. Binance, either raise the compensation standards to exclude us from participation, or just directly give us the minimum standard of 4u to shut us up; at least that would be something, right? You’re not even trying to act anymore, are you?
On October 11, at 5 o'clock, I was liquidated. Today, Binance compensated me with 2000 U, which is pretty good, although they only covered a small portion, and I got back some of the principal to start again. Let's give Binance a thumbs up 👍
This method is good, and it can also dynamically balance positions 👍
K线人生飞哥
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How to allocate assets in the cryptocurrency market to survive bull and bear markets
Many people ask me, if I want to earn Bitcoin in the long term in the cryptocurrency market, while also wanting to benefit from other mainstream coins and hoping for a relatively stable asset, how should I allocate? Today I will teach you a method—do it yourself, and build a 'cryptocurrency industry index fund'. First, clarify a logic: the cryptocurrency market does not make money by 'guessing price fluctuations', but by 'industry growth'. As long as you bet on the right track and choose the right asset structure, as long as the industry is growing, your overall allocation will naturally increase. Conversely, if the industry cools down, even if you buy the right short-term leader, you ultimately cannot escape. Therefore, the key is to 'go in the right direction', not to 'guess the fluctuations'.
I don't understand why many people try to persuade short sellers to defect? To scold short sellers and big names? The market needs fuel to rise; if everyone goes long, who will be the fuel? What you need to do now is to keep flattering the big short sellers with comments like "Big boss is awesome", "Just go all in short", "Big boss goes short, I'm going all in with him". Make the big short sellers feel comfortable and confident to short, otherwise, where will the fuel come from?
On-chain data monitoring, throughout the history of XRP, whales have never been so actively purchasing $XRP , yet the price just doesn't increase. What do you think is the reason??? {spot}(XRPUSDT)
In the past few years, I have observed that all the investors who have made a lot of money live their lives very much like what ordinary people would consider to be "wasting their lives".
How do they waste their lives? They have a slow rhythm of life, a slow way of speaking, a slow thought process, and they seem to do nothing all day, appearing idle without knowing what they are doing.
Where does their energy go? It is spent on reading and thinking. What do they think about? What is truly right.
This rightness only needs to be done correctly once or twice in a year or two. Then what? Just do what needs to be done.
A very counterintuitive phenomenon is that the most reliable investments are not the ones that keep you awake at night, but those that give you the most peace of mind.
If an investment causes you worry every day, then it's highly likely that this investment will fail.
The best investments in the world are those that require no post-investment worry; the best investments are those where you can count money while lying in bed. Therefore, good investors are particularly patient and have a very Zen-like quality. In 1% of the time, they act like a big cat, springing into action at the moment of pouncing on their prey, while in 99% of the time, they are like a wooden bowl, quietly standing there, as still as a maiden.
So, if our investment skills have not improved, we might need to calm down and ask ourselves whether we are still not like a "wasting person"?
Yes, it's good to see for oneself. But the trend hasn't gone in the right direction, why is that! It’s important to know: if no one cares, there is no trend. So we need to wait a bit, take it slow.
K线人生飞哥
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The Way of Trading: Return to the Market, Let Go of Obsessions
Everyone must understand that we come to this market not to be prophets or masters of metaphysics, trying to find some "laws"—the standards of trends and price breakouts emerge from the present, while fluctuations and false breakouts are defined only in hindsight.
So if you expect to rely on some magical indicators to determine whether the next move will be a fluctuation or a false breakout, you are essentially deceiving yourself.
What we can actually do is very simple: learn to respond, to respond correctly and reasonably to the market's actions in the present moment, and then let go of obsessions. Don't always think that this trade must be profitable, and don't always believe that you understand the market better than it does. Return to the tangible act of trading and avoid overdramatizing the situation.
I guess you must have had this experience: clearly seeing a wave of market movement brewing, and indeed finding an entry point to buy, but interestingly, the market does not start when you are most optimistic and confident; instead, it chooses a moment when you almost forgot about this trade to suddenly explode... So you see, recognizing the market trend is not extraordinary; timing it correctly is the real skill. We should not force ourselves to "precisely judge the timing," but rather let go of the mindset of "I have entered the market, so the market must immediately move as I wish." Treat each trade as a normal trial and error; no movement is normal, and when there is movement, it is the market giving a red envelope—an unexpected surprise!
Only in this way can you achieve: losses that are understood and controllable; profits that are solid and grateful. Profit does not rely on your predictions, but entirely on the market's gifts. When you reach this state, you can be considered truly on the right path.
CZ Big Brother indicates that we may not have entered a real bull market yet. CZ Indicator: Whenever Big Brother starts to publicly make some seemingly bullish statements, the short-term market tends to dip a bit. Let's see if this CZ indicator is accurate this time 😂😂😂