So annoying, can't sleep, haven't read the book for several | Elon Musk 65908 on Binance Square

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So annoying, can't sleep, haven't read the book for several days after coming back, huh.#ElonMusk65908 
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Last summer I remember I was stir-frying braised pork, and my phone suddenly popped up with a call from the 'City Anti-Fraud Center', and I didn’t even feel the oil splatter on my hand. Friends around me who play U often say 'drink tea', but only when it happens to you do you understand that kind of panic. Later I found that the police interview revolved around 3 questions, and if you answer correctly, there’s really nothing to fear. The first question will definitely be: 'You know virtual currency is not protected by law, right?' Don’t be scared by this statement; you need to clarify the key point: 'I’ve read about it in the news, and if there’s a problem with the transaction, there’s no way to seek legal protection, but I’m also aware that simply buying U and selling U is not illegal. I trade with acquaintances every time and have never touched anything in the gray area.' This shows that you understand the rules and also avoids the misunderstanding of 'illegal'. Next, they will say: 'There’s a sum of money involved in fraud that has come into your account; it needs to be refunded.' Don’t rush to refute; you need to explain your difficulties: 'I can cooperate with the refund, but I want to verify the amount with the police and the victim together. My mother is going to be hospitalized next month, and the medical insurance card is linked to this card. I’m really afraid it will delay the medical expenses.' Clarifying the necessities of life makes communication smoother. Finally, they often ask: 'Will not cooperating leave a record, freezing all cards?' First stabilize your mindset before responding: 'I have recorded every transaction’s chat records and screenshots of the other party’s ID in a spreadsheet and printed them out; they can prove I didn’t participate in any illegal activities. I’ve also heard that the cards involved in the case are categorized; if only this card is frozen and it doesn’t affect other cards, I can send the materials over right now. #ElonMusk65908 Follow For More!

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Newcomers to Contracts Must Read! Unveiling the Golden Rules of Profitable Trading Are you eagerly looking to dive into the contract market, only to be caught off guard by losses? Don’t rush to complain about the unpredictable market or your bad luck; in fact, 90% of newcomers lose money because they fail to grasp the core points of contract trading! Don’t panic, if you get the basics right, you can steadily embark on a profitable journey. First, let’s look at the first point: a complete order must firmly grasp the "five essentials," none of which can be missing, otherwise losses will come knocking at your door. These five essentials are stop-loss, take-profit, entry price, direction, and position size. Many newcomers stumble badly on this. When it comes to stop-loss, either they hold onto false hopes by saying "let’s wait and see," and end up deeper in trouble; or they simply don’t set it, allowing losses to expand infinitely. As for take-profit, they either rely on their feelings, "take a little profit and run," missing out on subsequent big trends; or they are overly greedy, "holding out for a retracement," ultimately ending up with nothing. In determining entry prices, they blindly follow the crowd, "watching others call trades," without any independent judgment. Position management is even more chaotic, going all in right away, leveraging to the maximum, and instantly skyrocketing the risk. Any mistake or omission in these five essentials opens the door to losses. Next, let’s look at the second point: the key to real profits lies in "mathematical expectation." Contract trading is not about making one right call and enjoying a windfall forever; it’s about meticulously calculating "probability × risk-reward ratio." For example, if you make 10 trades, even if 6 of them have small losses, as long as the remaining 4 can yield significant profits, it will cover all the small losses, and you can still achieve profitability in the end. #ElonMusk65908 Follow For More!

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Friends, every time the price of the coin fluctuates, don't you always can't help but think, "Is the big player targeting me?" Actually, there's no need to get too entangled — the little chips we hold can't even cover the trading fees of the operator, they really don't have the energy to specifically target anyone. Just like the previous GAMA market, with a total of 7 million pieces, everyone held 4.2 million pieces, with a basic cost of 1U, but the big player only got 2.8 million pieces at the bottom. It's not that the big player doesn't want to push it up, they really don't dare: if it goes to 1.3U, as soon as we throw our chips, the market will easily collapse, and the big player won't make any money, so they prefer to slowly "wash out people" rather than simply "wash the market." The first step of "blunt knife cutting meat" is the most frustrating: no bad news or good news, falling 3% every day, the K line is as flat as if there were no fluctuations. After a week, it fell to 0.75U, and people in the group started to panic: "Is this project going to fail?" Many friends couldn't hold on and threw their chips at 0.75U, but the big player quietly took them away with limit orders, without a sound. Next was the "gold needle probing the bottom": one early morning, a big bearish candle smashed down to 0.55U, and three minutes later it was pulled back to 0.85U. Many friends thought it was a "golden pit" to go all in, but as a result, the big player gently pressed it down to 0.5U, and those who bought the dip could only helplessly cut their losses and hand over their chips. Later, screenshots of "the project party withdrawing funds" and "the founder running away" spread everywhere, on Twitter and in Telegram groups, and the price also fell to 0.4U. At this time, many friends' faith collapsed, lining up to clear their positions, while the big player quietly collected the bloody chips and even pushed their average price down to 0.6U. #ElonMusk65908 Follow For More!

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《30,000 U Rolling to 3,000,000: Eight Iron Rules for Survival in the Cryptocurrency World》 At the bank counter, when my parents repeatedly confirmed the authenticity of the 3,000,000 deposit certificate, I truly realized: the greatest sense of achievement in the cryptocurrency world is not the fluctuation of account numbers, but the ability to make family members feel at ease with tangible profits. Behind this 3,000,000 profit are the eight survival rules I exchanged for with blood and tears: 1. Risk control is better than seeking profit Doubling takes months, while being halved may only take a few days. Five instances of 10% ups and downs can evaporate half of the principal. Staying alive is more important than making quick money. 2. Volatility does not equal profit Having once made a floating profit of 40% without cashing out, the annualized return after a pullback turned out to be less than that of government bonds. True compound interest comes from stability, not chasing stimulating market trends. 3. Only withstandable risks are true profits The lessons from three leveraged liquidations taught me: a steady daily profit of 1% can yield annualized returns of 12 times; but pursuing single-instance windfalls will often wipe out the principal. 4. Goals need to be specific A tenfold increase in ten years and an annualized target of 26% have surpassed 90% of players. Those without clear goals will ultimately become contributors to the market's transaction fees. 5. Supplementing positions must be calculated precisely A small miscalculation in cost can lead to vastly different results. Before each supplementation, be sure to recalculate repeatedly to avoid turning 'market rescue' into 'grave digging'. 6. Real profits are those pocketed Withdrawing a floating profit of 100,000 is equivalent to adding a safety cushion to the principal. When the market pulls back, locked-in profits can keep you calm. 7. A bear market is a touchstone In a bull market, everyone rises; only in a bear market can true value be seen. #ElonMusk65908 Follow For More!

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6 years in the cryptocurrency world: from ignorance to enlightenment, the survival code I have deciphered Have you ever fantasized about achieving financial freedom in the mysterious and alluring field of cryptocurrencies with a single precise operation? Six years ago, I also had such a beautiful dream and dove right in, and it was my 'unreliable' brother who opened this door. That winter, my brother rushed into the house wrapped in a thick cotton coat, mysteriously pulling out a bank card from his inner pocket, flaunting a balance of 30,000 yuan in a cryptocurrency app. Although I laughed at him for not being able to distinguish K-lines, I was also 'encouraged' by him to step into the cryptocurrency world with a capital of 10,000. At first, I was superstitious about technology, staying up late every day studying trend lines and MACD, with my phone gallery filled with K-line screenshots, comparing patterns even during meals. But reality was brutal, losing 4,000 in just half a year. During a short-term operation, I carefully calculated the entry point, but it fell right after I bought it; later I understood that K-lines are merely 'post-event records' of the market. Through continuous losses, I gradually explored a few survival disciplines. When I earned 5,000 for the first time, I immediately withdrew 1,500 to my bank card; when the market corrected, I felt at ease looking at the money in my card, truly understanding the meaning of 'locking in profits'. Previously, high-frequency trading incurred 2,300 in fees per month, but after reducing operations, the profit actually increased by 30%. While averaging down, I miscalculated the cost and almost lost my child's formula money, since then I've double-checked every averaging down. During a major drop, it's even more important to hold on; last year a cryptocurrency plummeted by 30%, and some advised me to buy the dip. I remembered 'there are eighteen layers below the floor', so I didn't buy, and it dropped another 20%. Once I make a certain amount, I withdraw my capital; #ElonMusk65908 Follow For More!

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