小白勇闯币圈

A Survival Guide to Cryptocurrency Slang, a Must-Read for Beginners!
"Going All In" means betting all your salary;
"Buying the Dip" is like catching flying knives, often stabs your feet;
"Missing Out" is watching the rocket take off but not getting on, resulting in broken legs.
"FOMO" is rushing in out of fear of missing out, becoming the source of the bag holder;
"FUD" is the tactic employed by manipulators to spread panic and wash the market;
"HODL" is the motto of the faith-based retail investors who refuse to sell even when prices drop.
"Airdrop" seems like a free pie, but claiming it may actually cost 200,000, while fake authorizations can lead to theft of 600 million instantly;
"Staking" is earning interest on held coins, but choosing the wrong exchange can lead to the owner running away;
"Contract" is like gambling 10 times, a beginner's first trade is equivalent to buying a lesson.
"Gas Fee" is the on-chain tip, transferring money at midnight can save half the cost;
"Whipsaw" refers to wild price spikes and drops, specifically targeting those who chase trends;
"Spike" refers to a sudden price drop, where high leverage turns into a gravestone.
Three Iron Laws for Beginners to Avoid Loss:
First, the wallet mnemonic phrase is very important, never share it, a cold wallet is the safest;
Second, exchanges are not banks, large withdrawals are at risk of being stolen, just like how Bybit was hacked for 400,000 ETH;
Third, while others are going all in, we should dollar-cost average, buying $100 worth of BTC every month, more stable than trading meme coins.
Summary: The dream of getting rich by going all in is mostly an empty hope; airdrops have many traps, don’t loosen your authorization; contracts are like a meat grinder, spot trading is the easiest! Especially to friends dreaming of getting rich overnight, there are no fairy tales in the crypto world, only sickles and retail investors!
#币圈暴富 #小白勇闯币圈

再记录一下#小白勇闯币圈

Excuse me, everyone. In January and February of this year, I registered on Binance using a link provided by a friend, but my friend said the link was incorrect, so I might not have received the fee discount and new user benefits. Then I directly canceled my account and re-registered with his link, but at that time it showed that I already had an account being canceled, and it told me to register again after a few weeks. At that time, I didn't have a strong desire to start exploring cryptocurrency, so I just ignored it.
Then last month, I remembered and wanted to understand it again, so I re-registered. However, after successfully registering, I found that participating in various activities showed that my account did not pass the risk control review, and I was not allowed to participate. Even when I wanted to deposit, I could only deposit a few USDT. How can I resolve this situation? 🥺🥺
I have tried to appeal, but the appeal page asks me to submit a link for the activity exception, but there is no link. 😭
#新人入场 #小白勇闯币圈

I have 40U in principal, who can help me take off to 1000U#小白勇闯币圈

#小白勇闯币圈
Money is not urgently needed: Confessions of contract fans

On June 21 last year, I accidentally came into contact with the currency circle and started playing with contracts. I didn't know how to play blindly at first, so I lost 20,000. I have been recharging since then.

The bull market is here, and I don’t know how to continue short selling. My position is liquidated every day. Within half a year I lost my deposit. I started using credit cards in 2023, but the bear market started again, and it dropped every day. I lost more than 100,000 yuan.

I started shorting at the end of 2023, but the market rebounded and my position was liquidated again. Looking back, my operation was purely based on feeling and without logic. Don't understand the market background. If I make a mistake, I don't admit defeat, I take orders. I'm not a big position gambler. I usually open small positions.

I feel like I can resist. I didn’t expect that a unilateral trend could always go up or down. I like to open a copycat "Family Bucket", and almost every one of them ends in liquidation. During this time, my mentality was really broken and I was desperate. As long as I have money, I will regain my confidence.

I tortured myself again and again. If I open a long position, I cut my losses and open a short position. It went up, and I was tortured by the market and cried bitterly. Really uncomfortable. The most embarrassing thing I did during this time was borrowing money from my parents to increase my position. Eventually my position was liquidated and my salary was increased as soon as I got paid.

I have always wanted to get my money back, and I always thought I could, but now I understand that giving me 10 million is useless. This has nothing to do with the capital at all. The more unwilling I am to stop the loss, the more I can only close the position. There is no trading system, just for fun.

Looking for 2024 again?

My parents borrowed tens of thousands for working capital, and I topped up the money again. I opened several ant warehouses, but they were all liquidated. I collapsed in despair and just wanted to die. I'm like a gambler or an animal. That's my parents' annual salary.

I was lucky enough to lose money, but I regret that I didn't execute, even though I felt something was wrong and I should have cut my losses. I didn't stop when there were only 10,000 left, but continued until there was only one point left. I have been looking forward to ordering takeout for a long time, and the contract is tens or hundreds of thousands.At that point, my world collapsed, followed by pain and self-blame.

I have been autistic for more than a month, but I am not discouraged in the end. Instead, I picked myself up and set my sights on rebates. There will always be ups and downs in life, but that doesn’t mean I have to give up. Failure is only temporary as long as I keep the faith and persist in pursuing my goals. cheer for yourself

$BTC $ETH $SOL

What good advice is there for newcomers entering the cryptocurrency space?

The first thing newcomers should do is learn how to avoid pitfalls, rather than how to make money.

Second, only go to major platforms (Coin A, OKX).

Third, when buying or selling U, if it's via WeChat Pay, 100% the other party will try to get close to you and say they want to help you make deals; you must not believe them at all, they will definitely lead you to a liquidation.

Fourth, contracts can actually be played, provided you don't touch contracts for any coins other than Bitcoin and Ethereum.

#BTC #小白勇闯币圈 $AAVE $TAO

For beginners in the cryptocurrency world, choosing the right tools is crucial. In terms of exchanges, it is necessary to examine their security, transaction fees, user experience, etc. Large platforms such as Binance and Huobi are relatively reliable. Wallets are divided into hot wallets and cold wallets. Hot wallets are convenient for transactions, while cold wallets focus on storage security. Choose according to your own needs. High-quality tools can make your cryptocurrency operations smoother and reduce asset risks. #美国加征关税 #开通交易实盘认证 #小白勇闯币圈 $BTC $ETH $XRP

This kind of performance is not bad, I hope everything goes smoothly next #小白勇闯币圈

The most exciting part of trading contracts is your judgment on whether the price of this coin will rise or fall in the future. You can choose an appropriate leverage multiplier to increase your returns. For example, leverage risk: this is easy to understand. If you open a position using 10x leverage and the price drops by 2%, your loss is magnified by 10 times, resulting in a 20% loss. Moreover, these trades do not fluctuate as little as stocks; a 1% or 2% rise or fall is quite random. It’s possible that a major player on the platform, in a good mood today, might sell off wildly, causing the price to plummet. Therefore, beginners must have a corresponding understanding of this leverage risk. However, beginners should not rush into using high multipliers; after all, the higher the multiplier, the greater the risk. A slight fluctuation could blow your position. It is recommended that beginners use leverage below 10x when trading contracts.
#小白勇闯币圈

A day worth recording!
Since entering the cryptocurrency circle in early February, I established my own trading model, but later was educated by the market… A single trade lost 20% of the total position in an instant.
Feeling helpless and lost, I slowly started to find my way, learn from experts, and switch my trading model…
Today, I finally broke even! Keep it up!
Step by step, brothers, do not be greedy, remain humble and calm.
$BTC $ETH
#小白勇闯币圈 #小白的成长路径 #新手小白的合约之路

3000U principal operation record on the 19th day, total floating profit 1588U

Today's operation and overall situation:
Today's profit is 127U higher than the previous day's floating profit. Today's market was also predicted to rise yesterday, but it was a bit surprising to break through the pressure level directly. If it falls back and does not break the support, the cottage will have a great opportunity. There is no overall operation today, and the currency is held for the rise.

Later operation thinking:
I am not panicked at all with a full hand of spot, and I hold the currency patiently. Fortunately, I have added positions and newly held coins before, and I am currently making a profit.
#小白勇闯币圈
Follow me and play the bull market together.
$XRP $AMP $ORDI

#小白勇闯币圈 Does not know how to trade stocks with MACD, does not understand KDJ, does not know when to buy and when to sell?

Does #非农就业数据来袭 #小白勇闯币圈 indicate that retail investors are selling and then large orders are continuously buying?

Must-see! A novice in the cryptocurrency circle made 50 million in one year with these few tricks

If a novice in the cryptocurrency circle wants to make 50 million in one year, he needs to keep up with market trends. Pay attention to industry trends. When new hot concepts emerge, such as NFT and DeFi, quickly research related projects and look for potential investment targets. During the transaction process, strictly control the position, invest no more than 20% of the total funds each time, and set reasonable stop loss and take profit points. The stop loss point can be set at a loss of 5% - 10%, and stop loss in time to avoid further losses; the stop profit point is set according to market conditions and personal expectations, and stop profit is considered when the profit is 20% - 50%. In addition, continue to learn and accumulate experience, analyze your own trading records, summarize the reasons for success and failure, and continuously optimize trading strategies#BNBChainMeme热潮 #小白勇闯币圈 #BTC $BTC $ETH $XRP