MrLittleFox

#止盈止损 I couldn't stand the nonsense that some "masters" said in the square today.
They talked about some useless principles, saying that if you make a mistake, you will lose money, and if you do it right, you will hold on. What is right? What is wrong? Is a fluctuation of 100 dollars wrong? Or 1,000 dollars?
Just like when I studied the Hundred Schools of Thought in the Pre-Qin Dynasty and saw the theory of Mohism's respect for the virtuous, Mad must respect the best talents and promote the best talents. What is excellence? What is virtue? The introductory course of modern human resources can explain this idea in seconds. But the nonsense of the masters in the square cannot be compared with Mohism.
The attitude of stop-profit and stop-loss is related to the strategy. If you do it on the right side, you should exit at a strong pressure point and when the pattern is broken according to the fundamental environment, the pattern, or the indicator.
The same is true for the left side. It is different to exit for scalping and exit for long-term holding.
So how to view the fundamentals? How to view the pattern and how to use the indicator?
All these are the basis of a trading system.
I plan to start a live broadcast on Binance to talk about the basics of trading, from the basics of economics to the basic theories of market trading. I will start when I can start the broadcast.
I like academic and practical professional knowledge, and I hate things that are specious and cannot withstand verification and falsification. At that time, there was a doctoral thesis in the National Institute of Macroeconomics that used variance to predict a group of local economic trends. I criticized it, but I think this idea is still valuable for reference.

Impressive, impressive, let's follow each other.

Today, a little white asked, should we make a contract?
My answer is definitely yes, if you want to do it, then do it!
Here’s a saying, a little horse crossing the river in pursuit of a partner.
When you have a girl you like, some advisors will tell you not to pursue, but to attract. Others will tell you to take the initiative to express your love and to give gifts.
This matter varies from person to person. Some people are not good-looking and lack charm; how can you expect them to attract anyone? Some are shy and can’t even dare to speak; they just sit there licking their fingers, how can they take the initiative?
However, just like the little horse crossing the river, regardless of what opinions exist, you need to go experience it yourself; only by doing so will you know the depth. You will understand whether the path underwater is suitable for you.
What if you get rejected? What if you lose money?
Take the rejections that you can bear as the cost of love, and take the losses you can afford to enter into a contract.
When pursuing a girl, can you bear the loss of treating her to dinner but still being rejected? Just because of that, will you not invite her anymore?
Learning to make contracts, can you afford to lose thousands of dollars to familiarize yourself with the rules and learn? Can you play along?
Therefore, the external influences in this world are not important; what’s important is to clarify your inner choices.
Only after clarifying can you truly understand that specific knowledge, the practical knowledge, is what matters most.

Today in the live chat, I was filled with anger.
Talking about trading is supposed to be an enjoyable thing, setting strategies, calculating points, that kind of thrill can only be found in leading troops, playing chess, or gaming.
However, today in the live chat, I listened to a bunch of nonsense, no details, no ideas, no skills, just complaints and nothing else.
There was not a single meaningful exchange.
Sigh, it's really too difficult to find a savvy trader to discuss and learn from.

$BTC doesn't have much to say, but discussing the basic situation is fine. BTC's price fluctuations are dominated by multiple macro policies and institutional movements. The $600 billion trade agreement and tariff rollback reached between the United States and Saudi Arabia have boosted market risk appetite. However, there are differences in expectations regarding the Federal Reserve's interest rate cuts, with some institutions betting on September instead of July, combined with the upcoming release of the Treasury Department's regulatory framework for cryptocurrency assets, which has triggered short-term risk-averse sentiment. Meanwhile, Ukraine plans to cooperate with Binance to establish a national Bitcoin strategic reserve, and the Ethereum Foundation has launched a 'trillion-dollar security plan' to strengthen ecological credibility, while the investigation by the Democratic Party into the Trump family's cryptocurrency investments adds political uncertainty. The market is showing a differentiated pattern of 'small outflows from Bitcoin ETFs and counter-trend inflows into Ethereum ETFs,' while the emerging token LAUNCHCOIN has surpassed a market capitalization of $350 million, becoming the focus of short-term speculation. The current market situation is at a critical game period at historical highs, where policy signals and institutional behavior will dominate the subsequent direction choices.

#美国加密立法 Under the impetus of the Trump administration, U.S. cryptocurrency legislation has exhibited three main characteristics: "competition for technological dominance, unification of regulations, and strategic assetization." The core bills, the "Financial Innovation and Technology Act of the 21st Century" (FIT21) and the "National Stablecoin Innovation Act" (GENIUS), aim to establish the most comprehensive regulatory framework globally, clarify the dual classification of cryptocurrencies as "commodities-securities," and strengthen the global position of the U.S. dollar stablecoin.

Legislative focus has shifted towards supporting innovation and market leadership, such as establishing a strategic reserve of Bitcoin to consolidate dollar hegemony, while monopolizing exchanges and public chains through public-private partnerships. These measures balance security needs such as anti-money laundering while attempting to incorporate cryptocurrencies into the traditional financial hegemony system, potentially accelerating the global digital financial landscape's tilt towards the United States.

This is called nonsense

Today in the live broadcast, we talked about history, discussing the past when Chiang Kai-shek was speculating in stocks in Shanghai and ended up losing everything. At that time, he was driven to desperation by his creditors and joined the Green Gang. Who could have predicted the twists and turns of his life later on?
In the cryptocurrency world, everything is variable.

Hurry back to chat

$BTC But the sun, it is both the setting sun and the rising sun every moment. When it extinguishes and descends the mountain, collecting the desolate afterglow, it is simultaneously burning on the other side, climbing to the peak, spreading the brilliant morning light.

On that day, I too will walk down the mountain in tranquility, leaning on my cane. One day, in a certain hollow of the mountain, a joyful child will inevitably come running, holding his toy.

Of course, that is not me. But is that not me?

The universe, with its unending desire, transforms a song and dance into eternity. What name this desire has in the human realm can be disregarded.

The roundtable meeting on May 12, #加密圆桌会议要点 5 marked a shift in the SEC's regulatory attitude towards the crypto industry from 'suppression' to 'guidance', with tokenization technology becoming the core tool for the integration of traditional finance and blockchain. However, technological maturity, privacy protection, and cross-border coordination remain long-term challenges. In the future, attention should be paid to the progress of congressional legislation (such as the stablecoin bill) and the actual synergistic effects of SEC rule implementation.

BlackRock's Bitcoin ETF saw a net inflow of over $5 billion for 20 consecutive days, but large transfers may trigger short-term selling pressure; after the US-China trade agreement was reached, the correlation between Bitcoin and the S&P 500 index rose to 83%, with some funds flowing back into traditional stock markets, causing prices to retreat from $105,720. The stimulus power of CPI data is limited, and we expect further pullbacks in the future.

The China-US tariff agreement alleviates supply chain pressures, weakening the negative logic of 'high tariffs → high inflation → delayed interest rate cuts', leading to a repricing of funds towards the anti-inflation attributes of crypto assets.

Previously, the market worried that a higher-than-expected CPI could trigger a liquidation of $3.4 billion in long positions below $100,000, but favorable data instead forced short positions to close, creating a short squeeze.

The inflow of funds into the Ethereum ecosystem has accelerated (with $1.2 billion over the past 7 days), coupled with news of the Trump family increasing their ETH holdings, driving funds towards altcoins and forming a pattern of widespread market increases.

Although the CPI is favorable, the market greed index has reached 70, and Bitcoin's short-term gains have been too rapid (an 8.9% increase in one week), caution is needed against a potential pullback triggered by profit-taking.

If the 'local currency settlement pilot' in the China-US tariff agreement weakens the dollar's position, it could be a long-term positive for BTC as an alternative settlement tool, but in the short term, funds may flow back to traditional markets.

The retail sales data from the US on May 15 and Coinbase's formal inclusion in the S&P 500 index on May 19 could become catalysts for a new round of volatility.

In Binance Square, there are mostly uncultured people, and very few who have studied seriously. Especially when it comes to discussing logic and academia, it's quite ridiculous.
However, I still appreciate your sharing. This image raises some interesting questions. But to discuss Chinese culture, using this image to make a point is just amusing.

The only interesting thing here is that a dead camel is bigger than a horse, and a molting phoenix is not as good as a chicken, which is quite thought-provoking. Because in reality, both situations can occur simultaneously. During the late Qing Dynasty, some banner people fell on hard times but could still sell some old family items to make a living. They were still better off than the average common people at that time. A dead camel is bigger than a horse. Later, when they started smoking opium, they quickly squandered the money. Since they didn't know how to do anything, even as laborers, nobody wanted them; a molting phoenix is not as good as a chicken.

Pies won't fall from the sky, which refers to a person's normal vigilance against unexpected benefits. On the other hand, a blind cat stumbling upon a dead mouse signifies the probability of random behavior leading to correct outcomes; these two concepts are not contradictory. Both are improper analogies.

I will go through the logical errors in this. Taking 'all's fair in war' and 'a gentleman does not act in secrecy' as examples, 'a gentleman does not act in secrecy' refers to being open and honest in interpersonal relationships. On the other hand, 'all's fair in war' involves using strategies in military competition. The contexts in which these two phrases are used are different. Comparing them here is an improper analogy in terms of logic.

I love Chinese culture and also have a passion for Western culture. I have studied classics and historical texts, and have read many famous Western works. The nourishment of culture lies in clear thinking. When I was a teacher at an institution, I loved correcting my students' logical errors. Later, a group of students who were corrected the most ended up passing the civil service exam.
I do not intend to require others to like a certain culture; that is their freedom, but my professional habits from back then made me very intolerant of knowledge-based and logical errors. In the image you posted, there are many expressions that are logically confused; I do not believe this is the thinking of someone who has seriously read books.

I have an article specifically pointing out the issues with FIL. The technology is very professional yet easy to understand. I hope friends who have a long-term investment plan in FIL can take a look. Follow me so you don’t get lost, and I hope everyone can communicate with me more.