The way of heaven has its cycles, who can escape the retribution of the heavens? Some time ago, a wealthy individual who was labeled as an insider trader often precisely bought at the bottom before the old special announced on Twitter. Many people were closely watching and following him, then many began to copy his trades. This wealthy individual operated on a certain platform H, but platform H is different from other platforms; if there are large orders to be closed, it will allow users to close their orders at the current price, while he gradually releases the trading volume to maintain minimal price fluctuations. Many people found this model of platform H to be good, and then many tried it on that platform. However, when the price of a certain coin J fluctuated too much, the platform felt it was losing too much and directly abandoned its proud rules, forcing users to bear the losses. Such a practice of 'letting the dead friends live while the poor monk dies' is despicable. At that time, platform B kept tweeting to criticize platform H, claiming its handling was immature, unethical, and unprofessional. And today, platform B's market-making robot has malfunctioned, but if the market-making robot has issues, that's the loss of the market maker, what does it have to do with the platform? Platform B directly froze the accounts of users who traded a certain coin V during the period when the market-making robot had problems. This practice is very ironic. Initially, when platform H disregarded user interests, platform B was the loudest in its insults, but now, at the time of the market-making robot's malfunction, it freezes user accounts. The way of heaven has its cycles, who can escape the retribution of the heavens? Platform B will eventually close its doors. $VOXEL
X posted that they lost over a million in OM🔪. This story tells us that heavy investments should only be in major coins, not even in second-tier coins, let alone other altcoins. It also highlights the importance of setting stop-losses. You might withstand a position time and time again, but if you can't withstand it just once, you will be completely done for. $OM
With nothing to do, I share my story. It's been nearly 10 years since I registered on an exchange, and during these 10 years, I've missed many opportunities for wealth. I started university in September 2009, and at that time, a roommate of mine recommended Bitcoin to me. He said the price was very cheap, a few dollars or something I forgot. He told me he wanted to use the money his family was giving him to buy a laptop to buy this thing because he often liked to hang out in the library, and he could borrow someone else's computer for course selection and such. But I strongly persuaded him not to invest. At that time, I was the class league branch secretary and had a relatively high status. As a result, over the next ten years, he invited me to his city to enjoy life, but I never went because I had closed the door to wealth for him. Although I thought it was a scam, during my four years in university, he kept telling me that this thing was always rising, and I started to pay attention to it. At the end of 2014, I went through a setback that left me very depressed. In 2015, I started a new business, and during this period, I saw this thing drop from a high of 8000 to nearly 3000. I took out 150,000 and bought dozens of them. I hoped this thing would rise back to 8000 to realize my wealth. However, after holding it for about half a year, it remained around 2000 to 3000, with little change. Another classmate from university told me that cows from Guizhou were relatively cheap and wanted to bring them to Guangdong to sell. He kept urging me to sell and invest in him. In the end, I sold, but I did not invest in him because he realized that things were not as easy as he imagined. The door to wealth was closed for me by another classmate. The boomerang I threw away years ago ultimately struck back at me. $BTC
Sigh. It's been more than two months of hard work. I was supposed to earn 30,000 yuan. Since the special election succeeded, I changed all my long positions to short positions. Because everyone in the square says that good news is priced in, and good news landing is bad news. I’ve been holding on. It's so tiring to hold on. This afternoon I didn’t want to hold on any longer, I felt I couldn't do it anymore. I directly closed all positions with one click. I made a profit of 30,000 in two months, and recently in the last half month, I lost it all. So tired. I'm temporarily withdrawing from the scene. I need to rest well. With the ups and downs, I could still make some living expenses, but this crazy surge has instead pushed me back. I really need to reflect on this!
Brothers, I feel that Bitcoin is going up while altcoins are going down. This pattern is hard to change in the short term. Now, except for special circumstances, there will always be one or two coins that spike every day, but most altcoins are far behind Bitcoin's pace, or rather, Bitcoin is rising while altcoins are leaking. I think the main reason is that there are too many new coins. Many new coins instantly have a market cap of hundreds of millions of dollars, but the funds of people currently in the crypto market have not kept up with the issuance speed of new coins. This leads to more and more altcoin funds being spread out. Also, many old coins frequently unlock their inventory. When a large amount of frozen coins are unlocked and thrown onto the market every month, it causes a flood. Sigh. So I suggest you mainly focus on long positions in Bitcoin and short positions in altcoins. Hot coins should only be traded for short-term fluctuations. If you have any thoughts, we can discuss them. As for me, I am currently transitioning. I might only focus on Bitcoin in the future because many altcoins have blood flowing like rivers when they are cut. My heart can't take it.
It's been two months, let's record it. On August 27, I recharged 3000. Less than 420u. Made 2700u. The reason for today's record is in case I can take off in the future 🛫, I'm planning ahead by writing articles to tell everyone that I'm not a master of photo editing. Moreover, I've been thinking about whether it's worth it over these two months, especially this month, where I've been staying up late quite frequently. I also doubt my own abilities. I often see others in the square making huge profits every day. There are days when they make a hundred times, close to a thousand times. To be honest, in these two months, I haven't even made ten times. So I still need to learn from those masters in the square. Wishing all my brothers to take off every day 🛫
I messed up, originally around -80u, but without noticing, it became around -300. This market is too difficult, I barely had a sip of soup before getting hit and my scalp went numb! I'm done, I can't play at all.
The APE's 🐶 fund is confused tonight. Recently, everyone has been aggressively pushing prices up, and of course, it is even more aggressive. After a few days of sideways movement, it's distributing at high levels to retail investors. The script for every cryptocurrency is like this. Why is it that when APE is about to surge aggressively, and before it has even consolidated, Bitcoin starts to crash? Now it's a mess; the 🐶 fund is really pushing prices up to sell off, and unexpectedly, they haven't sold their assets yet, while retail investors have sold theirs. They've lost so much it's as if they’ve gone to their grandma's house. Brothers, don’t tell me about good news or anything like that; these are just tricks to fool people by the 🐶 fund. High technical difficulty, promising features, Binance hasn’t even done them, while 💩 coins can be created. Low technical difficulty, no prospects, relying on empty words, just throw in $200,000 for a Chinese tech team, and there will definitely be thousands of tech teams lining up to sign up. Then, I don’t know what this 🐶 fund will do; with the atmosphere being like this, if they don’t take the money and continue to push, it’ll be a total loss. If they take the money and continue to push, then if Bitcoin crashes again, it’ll be over. I estimate they will observe in the short term; if they do that, profit-taking retail investors will gradually sell off, and there might be a slow decline in the next few days. This is assuming Bitcoin consolidates.
Brothers, the market has been very strong recently, and the momentum has been rising continuously. However, the altcoins have not risen synchronously. I think it is because the market has a blood-sucking function. When the market has outperformed most altcoins, why would retail investors still play altcoins? Moreover, because the market value of the market is too high, it takes a lot of blood to raise the market. Usually tens of millions of US dollars can raise altcoins to the sky. Even many altcoins have a market value of only tens of millions of US dollars, but tens of millions of US dollars may only raise three to five hundred points for the market. Therefore, the market has sucked the blood of many retail altcoin investors. Another reason I think is that most altcoin dealers dare not move. Because the market is rising now, if the altcoins spend money to raise the market synchronously, if the market has a big retracement, then the funds raised by the altcoin dealers will be wasted. The blood of retail investors has been sucked by the market, and the altcoin dealers dare not move easily, resulting in most altcoins going sideways. The copycat dealers are waiting for the big bitcoin to break a new high. If the big bitcoin can break a new high, then I think the copycat dealers will also pull the copycats, or if the big bitcoin stands at 70,000, the copycat dealers will also pull the copycats. In the current situation, I think it is better for everyone to wait for the big bitcoin to break a new high, or after the big bitcoin stands at 70,000 before rushing to the copycat, which is safer. I have launched a vote to see whether the big bitcoin will rise or fall within a week. Please vote if you pass by.
I closed most of my reef and neiro positions these two days, and I'll see if I can make some money with the remaining positions. Because reef has occasionally risen and neiro has occasionally fallen these two days. I've been exhausted recently, and I don't think it's very meaningful. I have very little sleep and I'm very tired. I want to take a break for a while. In fact, timing is very important. I should have closed my short positions in other currencies yesterday today. I can't make a pattern. But these two currencies had the opportunity to get out of the trap, and I feel numb when I make a pattern. So both fast in and out and pattern have their advantages and disadvantages. My reflection on myself is that my position control is relatively poor. In fact, I should have a small position and hold it for a long time. And I like to stare at the gain board and the loss list. This is very bad. Don't touch the coins with large fluctuations in the future. For the next market, I think the short position may last for one or two days. After all, most of the currencies have been rising this month. I suggest you take a break when you are tired😴
I started shorting at 0.0009 and kept adding positions. I've been doing this for about ten days, until my scalp got numb. In the last few days, the floating loss finally exceeded a thousand U, and there are only a few hundred U left. I don't understand, why are there so many large sell orders every day, but the price just won't go down? Do you think it can be untied? If it can be untied, I'm going to take a few days off, this damn thing is not fun. It takes energy and money. Moreover, he hasn't made any orders on the index recently, and his brother hasn't made any orders with 100 million either. So boring. How about we crowdfund, everyone give 100 million, and let him make orders? After all, his work is so boring. For example, everyone gives 5U, and there are 10 people. 50U to 500U, if you can't hit it, forget it, if you hit it, he gets 250, and the person who raises the money gets 250$NEIRO
I wanted to buy at the bottom, but I didn't expect to buy halfway up the mountain. Brothers, don't touch this damn thing, don't touch it, long or short, you will die miserably. After all, this trend is confusing for everyone. Recently, many of my coins have been locked up, otherwise, I want to take a few days off. I have made myself too tired these days, there is no need. After all, life comes first, and you can trade coins at will!
Lowercase Neiro In recent days, big investors have been selling, and small investors have been buying. The price keeps hitting new highs, and big investors are laughing. This dealer is too smart. He transferred all his coins to many Binance accounts. Therefore, through the on-chain address, it is impossible to know whether it is the dealer who is selling or ordinary Binance users. The idea of this dealer is worth imitating by other coin dealers. Because the addresses of other coin dealers are often monitored, if the dealer sells, there will be analysts to remind you. If it is transferred to many Binance accounts at the beginning, analysts cannot monitor it and cannot know whether it is the dealer who is selling!