$ALPACA Haha, the funding rate has come up again, right? The market makers and exchanges are jointly collecting all the retail investors' money. You might be able to make a profit once or a few times, but please remember that sooner or later you will lose multiples or even get liquidated to give back to the market.
$BTC People move and live, trees move and die. Constant losses indicate that there are definitely problems in the transactions. If not resolved, it will never be possible to profit. Be a smart person; otherwise, in the end, you can only be drained of your last bullet by the market and mercilessly abandoned by it.
$BTC On this journey, I have made big profits and also experienced significant drawdowns. I have gone through 94 in 17 years, 312 in 20 years, and 519 in 21 years. Since the peak in December of this round, I have been in a cash position. Trading can be said to be one of the most difficult jobs in the market because the experience in this field is always changing, and the psychological quality required is very high. If you are not a mature trader, the market will educate you. I think it's time to take a step back and prioritize steady returns because trading is honestly very exhausting.
I am creating a small community of a hundred people, and my main job is to connect with high-quality domestic quantitative teams, as their data has been relatively stable over the past two years. The image below shows their two-year returns and the returns from the past four months.
#Trading for a long time will give you a deep understanding#
$BTC **Trader’s experience: Finding certainty in uncertainty**
The trading market is like a turbulent ocean, sometimes calm as a mirror, sometimes turbulent. In this land full of opportunities and risks, every trader is like a lonely sailor, who must look up to the stars for guidance and be vigilant against reefs and storms. Years of trading experience have made me deeply realize that the true way of trading is not only a game at the technical level, but also a practice of fighting against oneself. The following are some of my experiences:
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### 1. **Respect the market and give up the obsession with "perfect prediction"**
Binance Contract Event $BTC I see many new accounts promoting this, it must be problematic. This is even more harmful than contracts; if you leverage, you will be ruined. With an 80% return on a flat bet, it's very difficult to break even without a 75% win rate. The mindset has a significant impact. Pay attention!
$COOKIE Never short this coin, it's back on the South Korean exchange, same old tricks, Feiluo is eating it up, and it's still being pumped. Countless short sellers have suffered losses. Nowadays, very few people can survive in trading, it's scarier than a casino.
$BTC was still shorting bnq yesterday, but today I no longer dare to short any coins, because altcoins have signs of recovery, after all, it's normal to have a rebound after such a big drop for a week@
$BNX Pay attention, this coin has some characteristics of a demon coin. Don't hang yourself on a tree. Normal growth is fine. It has some characteristics of 2023 trb and 2024 reef. The timing just coincides with the sharp drop in the copycat currency.
$BNX why, I said empty him in the morning, double contract, if it doesn't drop today then tomorrow it will be fine, but the high multiples are hard to bear, very exhausting.
$BNX has probably passed with both eating and taking, the Air Force is also about to collapse, suffering heavy casualties, the heat is over, the weekly line is about to open, and several related cryptocurrencies like tst have also dropped significantly. What are you thinking if you don't short? But I don't recommend high multiples, low multiples of 2x are still very stable. Next week, if it drops by 50 points, it will be comfortable to earn double the profit.
$1000CHEEMS Spot is going to cause trouble when it goes online. The funding rate will rise soon. Let the short sellers go online first, and then the dog dealers will pull the spot. Don't go short easily.
$1000CHEEMS Attention, don't short, don't short, don't short, let's talk about the trading logic, go live at 7 PM for spot trading, the goal is to keep the spot high, funding rate -2, those who short will be uncomfortable, 2% of the tokens will be unlocked next week. In any case, only consider shorting next week, don't go short now, it's like sending yourself to death.
$VVV rose for a week, two strong coins, ban Today is the weekend, next week there will be a big drop, some coins rise sharply one day and drop significantly the next day, while others finish rising in three days and then drop. These two coins operate on a weekly basis.
$BAN I believe that the brothers from yesterday and the day before have withdrawn. Many dog houses are performing, very melodramatic. Today I feel that the timing is just right for shorting; many coin brothers, have you developed? When you keep shorting, he never gives you anything, and when you give up, he starts sliding down smoothly. This is emotional trading, and it’s the reason why many people lose money as the main players guide the emotions of the majority.
$ACT market situation will start shorting high from December, the main theme of this industry is imitation, but many people are using high leverage, I can manage a two-fold leverage position to double my total position, and I don't resist losing trades. I have traded dozens of coins, if they give it, then fine, if not, just wait a bit, don't rush. It's better to be rational. Next, ban, act, and alch will all provide opportunities. Don't think about getting rich quickly, otherwise, you will pay a painful price.
$BTC . During this period, many retail investors suffered heavy losses and even went bankrupt. I have been in this market for 8 years. I think it is the most difficult time to trade now, but fortunately, I have only shorted high-priced altcoins in the past two months. Shorting needs attention 1. The position of the big cake and the second cake 2. Usually new altcoins are easier, and Trumpcoin is no different 3. Recognition of trading volume and K-line patterns 4. Funding rate -2, carefully consider it because it is very disgusting that the exchange deducts your fee every 4 hours, which is very uncomfortable. 5. Position management and contract multiples affect the mentality. I usually have small multiples of contracts and positions, so I lose less and earn well.