月记

#月记 2023-12-02 All position records. The next normal record will be around early January.
Overview: The total position is 10910 u, and non-stable currency currencies account for 3 / 10 of the total position.
Note: During the period, I did several snx swings and made a part of the profit; I was shorted on bulr and my position was liquidated by about 300 u; the reason why the position jumped up and down was because of the use of pledged currency as collateral.
Summary: I continued to stay in the air and did not wait for the expected decline, so I did not operate. . .

Follow-up operations: I will not add positions on a large scale for the time being, and will continue to wait for a relatively large decline; during this period, I may separately add positions in a few currencies that are promising in the short to medium term; I may buy some bnb and bet on the launchpad in December; finally I will decide on the short-term I gave up futures and occasionally used part of the floating profit to buy small market capitalization currencies.

Let me briefly talk about my recent operations. I will make up for last month's monthly record in the next two days.

I have been numb in the past two weeks. My assets have shrunk by more than half. This is the case when I have made some preparations. If you have been following me #月记 before, you know that I believe that the probability of double peaks is higher than the probability of directly turning to bearish, so I am still determined to buy the bottom and do some swings.

I looked at the available u, and there are only about 1200u, which is getting closer and closer to the point where I stop trading (I will keep a layer of u as emergency funds, unless there is a big drop). If it continues to fall, I will directly use this part of the funds for fixed investment, although I can only buy a few times😂

The probability of the Federal Reserve cutting interest rates in September is almost 99.999%, but the expected market conditions do not seem good, and the expectation of recession is also high. Will the cryptocurrency circle become one of the safe-haven assets?

I am not sure, but there is no better choice, at least it is better than stocks. Buffett is converting a large part of his stocks into cash, which at least shows that stocks are not a good place to go.

I also suggest that you hold as few low-circulation, high-market-value tokens as possible, and increase your position in $BTC $ETH $BNB . I am currently preparing to slowly increase my position in these three coins. If I guess the direction wrong, there will not be too much floating loss.

Many of the altcoins I hold have been cut in half or more, which is uncomfortable. This shows that my strategy has failed at least in this round of small BTC bull market. I don’t know if there is any chance to improve it. I don’t have much liquidity, and I will hardly sell my stocks until my stop loss point (floating loss 85+%) is reached.

DYOR

Make up 1.
Sold about 1/3 of $POLYX . Although it is still far away from my target of 5 times (about 2.7 times), I also said it last time #月记 . My own two ideas have been fighting (ox, Bear), so reduce part of the position to balance it.

Also a reminder, polymesh and Binance also have deployment nodes. This can be seen from polyx’s time deposit product, and it is not included in the “Watch” label. At least this project will not be a very rubbish project, so even if you are short Also try not to go short.

Finally, 13 million tokens were unlocked on 2024-04-05, and 9 million tokens were unlocked on 2024-04-18.

The official provides chart tools (tools -> charts) to view the "daily unbonding schedule". Go to the official website to check it yourself.

repair:

1. Polymesh data chart tool link. https://polymesh.subscan.io/tools/charts

#月记 2024-01-01 All position records. The next normal record will be around the end of February.

Overview: The total position is 12,000 u, and non-stable currency currencies account for 2.6 / 10 of the total position.

Note: During the period, I added or opened positions in some currencies (including bnb, but I sold them too early, and I didn’t expect that there would be continuous launch pools), and there were also currencies that were reduced or even cleared (snx, dot, etc.); dia, band did the following During the swing period, I made some profits; I made some money through launchpool several times; the position jumped up and down in the middle because of the use of pledged borrowing currency as collateral.

Summary: After overselling + shorting, the expected decline still did not occur. From nearly 4 levels around October 23 to the current level of 2.6, there was a lot of overselling in the middle, which can be regarded as a lesson for my wrong decision-making.

Follow-up operations: For the time being, we will not add positions on a large scale, and then continue to wait for a relatively large decline; during this period, we may separately add positions in a few currencies that are promising in the short to medium term; we will still occasionally use part of the floating profit to buy small market capitalization currencies.

#月记 2024-03-01 All position records. The next normal record will be around early April.

Overview: The total position is about 13,300 u, 12,800 for An, and 51 atoms are pledged on the cosmos chain. Non-stable currencies account for 2.5 / 10 of the total positions.

Remarks: During the period, I added some currencies and liquidated some; I made some money in launchpool a few times, but I didn’t sell the portal, I forgot to sell it 😂, and let the currency price fall back; the reason why the positions jumped up and down was because of the use of pledges. Borrowed currency as collateral; withdrew more than 51 atoms to the chain and pledged them to Cosmoshub twice.

Summary: There was basically no operation during the Spring Festival, but some coins were sold out later.

Follow-up operations: To be honest, I have been having an ideological struggle recently: the high position of the Mavericks, the beginning of the Cubs, and the early stage of the Bulls. After neutralizing the two sentiments: retaining some long-term bullish coins and gradually selling off some other coins. In the end, I couldn’t find a currency that I personally felt had a high return (the total market value of most currencies was too exaggerated) 😂, so it was temporarily ruined.

I'm a bit talkative today, so I'd like to talk about another pitfall I've stepped into!

Stay away from chain games, buy coins and airdrops at most, don’t play it yourself! Except for those who work in studios.

The poster has just been cheated by a chain game (I won’t talk about the specific project). I spent a lot of money and energy with no hope of getting back my money. Although I only spent 30 MAT (#月记 will record this account next month), I am still mentally exhausted. I am devastated and exhausted.

Let me briefly describe the process: I originally wanted to play casually, but I saw that nft can generate game currency. There is no other way to generate game currency in the game, and I felt that I could get my money back, so I bought it. After I bought it, I discovered that there was a pitfall. One is that the output is limited, and the other is that there is currently no place to sell coins. . . There is no liquidity, let alone going to the stock exchange.

The summary is that there are many pitfalls in chain games, so try not to think about making money while playing (except for those who play casually and airdrop). There are so many chain games, and there is no time for one. In addition, most of the projects are not listed on the exchanges. In the end, the currency price will Zero, declared failed. It’s better to buy coins directly. After all, the most you can do is return to zero, and there is no emotional damage fee. This is true.