Binance Square

木字椿

区块链技术分享合约现货技术分析:公众号微博(同号):椿哥论币
9 Following
148 Followers
162 Liked
50 Shared
All Content
--
See original
Return to Zero!
Return to Zero!
See original
See original
What should I do if I can't understand #ETH ? I feel like you still want me to explode.
What should I do if I can't understand #ETH ? I feel like you still want me to explode.
See original
《8 Years of Blood and Tears in the Crypto Space: Contracts are 'Zero Accelerators', How Can Retail Investors Avoid Becoming 'Liquidation Artists'?》Having been in the crypto space for 8 years, to be honest, I've seen too many tragedies of 'always losing when opening a position and precise liquidations'. Is it often like this? You see the market trends clearly, open a position with confidence, and then come back from the bathroom to find your position gone! You wake up from a nap, the price hasn't changed, and your position is also gone! Contracts, to put it simply, are about using small amounts of money to control large positions. It sounds great, but the essence is leverage! Leverage amplifies your profits, but it also amplifies your risks! You could have had a back-and-forth with the market, but with contracts, it's a one-shot deal! For example, if you have 100 units and open a 10x leverage position, you're controlling a position worth 1000 units. If the market rises by 10%, your profits double! But if the market goes down by 10%, sorry, you get liquidated, and your account is wiped out!

《8 Years of Blood and Tears in the Crypto Space: Contracts are 'Zero Accelerators', How Can Retail Investors Avoid Becoming 'Liquidation Artists'?》

Having been in the crypto space for 8 years, to be honest, I've seen too many tragedies of 'always losing when opening a position and precise liquidations'. Is it often like this? You see the market trends clearly, open a position with confidence, and then come back from the bathroom to find your position gone! You wake up from a nap, the price hasn't changed, and your position is also gone!
Contracts, to put it simply, are about using small amounts of money to control large positions. It sounds great, but the essence is leverage! Leverage amplifies your profits, but it also amplifies your risks! You could have had a back-and-forth with the market, but with contracts, it's a one-shot deal!
For example, if you have 100 units and open a 10x leverage position, you're controlling a position worth 1000 units. If the market rises by 10%, your profits double! But if the market goes down by 10%, sorry, you get liquidated, and your account is wiped out!
See original
See original
A Debtor's Confession#ETF关注 #美SEC澄清PoW挖矿监管立场 #特朗普:我爱$TRUMP My job is a 3D modeler with a net monthly salary of 16K. If I didn't dabble in contracts, I would be a very happy person. I became obsessed with cryptocurrency trading after hearing a friend's temptation, saying that if I invested 2,000 USD, I could steadily make 500 USD daily. After trying for a while, I found that I could indeed win, and with my own exploration, my ambition grew bigger. I wasn't satisfied with a small position, so I leveraged it all the way. The last time I increased my position, I ended up getting liquidated, losing 290,000. At that time, my hands were shaking so badly that I couldn't even hold my phone, thinking to myself, 'Why am I not dead yet? How did I ruin a good hand like this?'

A Debtor's Confession

#ETF关注 #美SEC澄清PoW挖矿监管立场 #特朗普:我爱$TRUMP
My job is a 3D modeler with a net monthly salary of 16K. If I didn't dabble in contracts, I would be a very happy person. I became obsessed with cryptocurrency trading after hearing a friend's temptation, saying that if I invested 2,000 USD, I could steadily make 500 USD daily. After trying for a while, I found that I could indeed win, and with my own exploration, my ambition grew bigger. I wasn't satisfied with a small position, so I leveraged it all the way. The last time I increased my position, I ended up getting liquidated, losing 290,000. At that time, my hands were shaking so badly that I couldn't even hold my phone, thinking to myself, 'Why am I not dead yet? How did I ruin a good hand like this?'
See original
Decentralized Currency: A Silent Revolution in Financial ControlCryptocurrency is drawing widespread attention globally. El Salvador has made it legal tender, requiring merchants to accept it just like cash; meanwhile, blockchain summits in the U.S. are attracting billions of dollars in companies rushing into the Web3 space. Behind this craze, cryptocurrencies like Bitcoin and Ethereum mean far more than just money; they are redefining how currency operates. However, complex terminology and overwhelming information leave many confused, as if everyone assumes you already understand. In reality, many are still struggling to grasp the true value and meaning behind cryptocurrency.

Decentralized Currency: A Silent Revolution in Financial Control

Cryptocurrency is drawing widespread attention globally. El Salvador has made it legal tender, requiring merchants to accept it just like cash; meanwhile, blockchain summits in the U.S. are attracting billions of dollars in companies rushing into the Web3 space.
Behind this craze, cryptocurrencies like Bitcoin and Ethereum mean far more than just money; they are redefining how currency operates.
However, complex terminology and overwhelming information leave many confused, as if everyone assumes you already understand. In reality, many are still struggling to grasp the true value and meaning behind cryptocurrency.
See original
Summary of the underlying logic for guaranteed profits in the crypto market.Having been in the crypto space for nearly 10 years, I have made profits and suffered losses. I have engaged in ICOs, meme coins, mining, etc., and experienced three bull and bear cycles. After summarizing countless operations, I found that there is only one reliable way to make money. That is simple and straightforward, something everyone understands. Buy in a bear market, sell in a bull market, guaranteed profit. A bull market generally lasts for 6 months to 1 year, while a bear market typically lasts for 1 to 2 years. A full bull-bear cycle lasts 3 to 4 years. Seize the opportunity to earn at least 50%+ in each bull market, which is enough to outperform various financial products, stocks, and funds. This 50%+ profit is guaranteed, with no suspense.

Summary of the underlying logic for guaranteed profits in the crypto market.

Having been in the crypto space for nearly 10 years, I have made profits and suffered losses. I have engaged in ICOs, meme coins, mining, etc., and experienced three bull and bear cycles. After summarizing countless operations, I found that there is only one reliable way to make money. That is simple and straightforward, something everyone understands.
Buy in a bear market, sell in a bull market, guaranteed profit.
A bull market generally lasts for 6 months to 1 year, while a bear market typically lasts for 1 to 2 years. A full bull-bear cycle lasts 3 to 4 years. Seize the opportunity to earn at least 50%+ in each bull market, which is enough to outperform various financial products, stocks, and funds. This 50%+ profit is guaranteed, with no suspense.
See original
See original
CZ quoted a quote adapted from Lu Xun on the X platform: "Infinite distance, countless people, are all related to BSC." This sentence originally came from Lu Xun's "Hometown", and the original sentence was "Infinite distance, countless people, are all related to me." Zhao Changpeng's quote is obviously intended to emphasize the wide influence and connectivity of BSC around the world. Affected by this, the price of LUXUN tokens rose sharply in a short period of time. According to GMGN market data, after Zhao Changpeng posted the article, LUXUN rose by 136% in 5 minutes, with a market value of 6.92 million US dollars. This short-term price fluctuation may be due to the market's reaction to Zhao Changpeng's remarks, especially his influence as the founder of Binance. #ETF关注 #币安LaunchpoolNIL #币安Alpha上新
CZ quoted a quote adapted from Lu Xun on the X platform: "Infinite distance, countless people, are all related to BSC." This sentence originally came from Lu Xun's "Hometown", and the original sentence was "Infinite distance, countless people, are all related to me." Zhao Changpeng's quote is obviously intended to emphasize the wide influence and connectivity of BSC around the world.

Affected by this, the price of LUXUN tokens rose sharply in a short period of time. According to GMGN market data, after Zhao Changpeng posted the article, LUXUN rose by 136% in 5 minutes, with a market value of 6.92 million US dollars. This short-term price fluctuation may be due to the market's reaction to Zhao Changpeng's remarks, especially his influence as the founder of Binance.
#ETF关注 #币安LaunchpoolNIL #币安Alpha上新
See original
The Binance Square pinned vote is still ongoing, the rewards are still being harvested + I claim the airdrop! #币安投票上币
The Binance Square pinned vote is still ongoing, the rewards are still being harvested
+ I claim the airdrop!
#币安投票上币
See original
You don't have to prove anything to those who are outside the plans of your life. Focus all your energy on the things you truly care about, and you will live much more easily. The noise in the crypto world is too loud. If you are still constantly influenced by KOL's recommendations, FOMO, and all sorts of nonsense about golden dogs and silver dogs, and promises of a thousandfold or ten-thousandfold returns, please check your heart, look at your sleep quality and complexion. If it's not good, go get a check-up and live a few more years! #美SEC将放弃对Ripple的上诉 #AiXBT遭黑客攻击 #BNBChainMeme热潮
You don't have to prove anything to those who are outside the plans of your life. Focus all your energy on the things you truly care about, and you will live much more easily. The noise in the crypto world is too loud. If you are still constantly influenced by KOL's recommendations, FOMO, and all sorts of nonsense about golden dogs and silver dogs, and promises of a thousandfold or ten-thousandfold returns, please check your heart, look at your sleep quality and complexion. If it's not good, go get a check-up and live a few more years! #美SEC将放弃对Ripple的上诉 #AiXBT遭黑客攻击 #BNBChainMeme热潮
See original
Cryptocurrency Exchanges: The Wealth Harvesting Feast of Nuclear-Powered Money PrintersCryptocurrency exchanges are like nuclear-powered money printers, with three core businesses: trading, investment banking, and banking. In the securities industry, these three businesses cannot operate together, and market concentration is insufficient; however, in the cryptocurrency space, exchanges can simultaneously conduct all three businesses, and the market concentration is very high, leading to the creation of money-absorbing tools like Binance, OKX, and Bybit. 1. Trading business: The trading business is familiar to everyone, involving buying and selling in the secondary market, with the platform earning commission income from it. For exchanges, they prefer you to trade frequently; the more you trade, the more they profit.

Cryptocurrency Exchanges: The Wealth Harvesting Feast of Nuclear-Powered Money Printers

Cryptocurrency exchanges are like nuclear-powered money printers, with three core businesses: trading, investment banking, and banking.
In the securities industry, these three businesses cannot operate together, and market concentration is insufficient; however, in the cryptocurrency space, exchanges can simultaneously conduct all three businesses, and the market concentration is very high, leading to the creation of money-absorbing tools like Binance, OKX, and Bybit.
1. Trading business: The trading business is familiar to everyone, involving buying and selling in the secondary market, with the platform earning commission income from it. For exchanges, they prefer you to trade frequently; the more you trade, the more they profit.
See original
The Ups and Downs of Eight Years of Wealth and LoveHello everyone, I am Chungu! Today I want to share a special experience with you—from stumbling through the crypto world to now stepping into the wedding hall, this journey has been full of emotions. This journey not only helped me achieve financial freedom but also led me to meet my other half. Entering the Crypto World: From Curiosity to Passion In 2015, I first encountered the crypto world. At that time, Ethereum had just launched, with an issue price of only $0.31. Friends around me were talking about blockchain technology, and I was deeply attracted to this novel world, resolutely stepping into the crypto world. To have more time to study, I even took a security job, working during the day and studying at night.

The Ups and Downs of Eight Years of Wealth and Love

Hello everyone, I am Chungu! Today I want to share a special experience with you—from stumbling through the crypto world to now stepping into the wedding hall, this journey has been full of emotions. This journey not only helped me achieve financial freedom but also led me to meet my other half.
Entering the Crypto World: From Curiosity to Passion
In 2015, I first encountered the crypto world. At that time, Ethereum had just launched, with an issue price of only $0.31. Friends around me were talking about blockchain technology, and I was deeply attracted to this novel world, resolutely stepping into the crypto world. To have more time to study, I even took a security job, working during the day and studying at night.
See original
The 'Temptation' of a Married WomanOn a weekend afternoon, sunlight filters through the gaps in the curtains and spills onto the messy bed sheets. I lie in bed, the light from my phone screen reflecting on my face, a message from her reads: "Let's meet tonight, the usual place." I stare at the message, a surge of inexplicable emotions rising in my heart. She is a married woman I met in the cryptocurrency circle, 32 years old, still charming. We chatted for over half a year, discussing everything from the ups and downs of the crypto market to the trivialities of life. She always sent me money to encourage me to buy low, as if nurturing a future financial giant. Today, she suggested we meet, and I hesitated. I said, "You have a family, I'm still young; it doesn't feel quite right." She replied, "It's okay, let's just be ordinary friends." So, I agreed.

The 'Temptation' of a Married Woman

On a weekend afternoon, sunlight filters through the gaps in the curtains and spills onto the messy bed sheets. I lie in bed, the light from my phone screen reflecting on my face, a message from her reads: "Let's meet tonight, the usual place." I stare at the message, a surge of inexplicable emotions rising in my heart.
She is a married woman I met in the cryptocurrency circle, 32 years old, still charming. We chatted for over half a year, discussing everything from the ups and downs of the crypto market to the trivialities of life. She always sent me money to encourage me to buy low, as if nurturing a future financial giant. Today, she suggested we meet, and I hesitated. I said, "You have a family, I'm still young; it doesn't feel quite right." She replied, "It's okay, let's just be ordinary friends." So, I agreed.
See original
From Peak to Abyss: A Contract Trader's Terrifying 24 Hours Last November, a friend of mine experienced a thrilling 'roller coaster' trade in the cryptocurrency world. He entered the market with a principal of 500,000, using 5x leverage to go long. Initially, the market went as he wished, and his account skyrocketed, reaching a peak of 4.3 million. After deducting fees, costs, and the portion hedged in spot trading, his profit soared to 851%. Such an achievement would make anyone ecstatic. If it were you, what would you do? Perhaps most people would choose to take profit and secure their gains. But he didn't. His wife recalled that there was a slight pullback in the market, but he didn't cut losses, and later the price rebounded. When his account profit exceeded 900%, he called his wife with a trembling voice to tell her this astonishing number. However, his emotions weren't particularly excited; instead, he was unusually calm, staring intently at the screen as if waiting for something. This calmness might stem from his previous experiences. He had earned nearly 3 million in contract trading multiple times but ultimately lost it all back. Having been through the ups and downs of the cryptocurrency market, he seemed numb to the massive profits before him. He firmly believed that the market would continue to rise, aiming for 5 million. He decided to wait until it broke 5 million before taking action. However, the cruelty of the market far exceeded his imagination. Without hedging his contract positions, a sudden 'needle' mercilessly struck down. The account plummeted from 4.3 million to less than 900,000 in an instant. Liquidation? It was too late. The outcome was predictable – a margin call. The scenes that followed were suffocating. He held his head in his hands and remained silent for two minutes. His wife vaguely sensed that something was wrong, and just as she was about to ask, he suddenly rushed to the windowsill and jumped. Fortunately, they lived on the third floor, so this jump did not take his life, but this terrifying 24 hours completely changed his life.
From Peak to Abyss: A Contract Trader's Terrifying 24 Hours

Last November, a friend of mine experienced a thrilling 'roller coaster' trade in the cryptocurrency world. He entered the market with a principal of 500,000, using 5x leverage to go long. Initially, the market went as he wished, and his account skyrocketed, reaching a peak of 4.3 million. After deducting fees, costs, and the portion hedged in spot trading, his profit soared to 851%. Such an achievement would make anyone ecstatic.
If it were you, what would you do? Perhaps most people would choose to take profit and secure their gains. But he didn't. His wife recalled that there was a slight pullback in the market, but he didn't cut losses, and later the price rebounded. When his account profit exceeded 900%, he called his wife with a trembling voice to tell her this astonishing number. However, his emotions weren't particularly excited; instead, he was unusually calm, staring intently at the screen as if waiting for something.
This calmness might stem from his previous experiences. He had earned nearly 3 million in contract trading multiple times but ultimately lost it all back. Having been through the ups and downs of the cryptocurrency market, he seemed numb to the massive profits before him. He firmly believed that the market would continue to rise, aiming for 5 million. He decided to wait until it broke 5 million before taking action.
However, the cruelty of the market far exceeded his imagination. Without hedging his contract positions, a sudden 'needle' mercilessly struck down. The account plummeted from 4.3 million to less than 900,000 in an instant. Liquidation? It was too late. The outcome was predictable – a margin call.
The scenes that followed were suffocating. He held his head in his hands and remained silent for two minutes. His wife vaguely sensed that something was wrong, and just as she was about to ask, he suddenly rushed to the windowsill and jumped. Fortunately, they lived on the third floor, so this jump did not take his life, but this terrifying 24 hours completely changed his life.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

khan king of Crypto
View More
Sitemap
Cookie Preferences
Platform T&Cs