This morning, OM experienced a flash crash due to the project team suddenly announcing a large issuance of tokens, leading to a significant price drop. In the days leading up to the crash, there was a large influx of OM tokens into exchanges, which now appears to have been a setup for the crash, indicating that this was a premeditated downturn.
I personally believe that there will not be a cryptocurrency that continuously rises, especially altcoins, because altcoins are heavily controlled by manipulators who decide how high the price will go. This kind of upward trend makes it difficult for short sellers to act, as the price keeps rising. Once there are few short sellers left, the manipulators start to short themselves, leading to a big drop that wipes out everyone!
Auction is a very good example; those interested can look at historical K-lines for understanding. Their commonality is a sustained upward trend, but when the crash comes, it’s a matter of who runs slow and who picks up the pieces. As for going long during a crash, it is akin to dancing on the edge of a knife. If you plan to buy at 1 and it drops to 0.6, or you plan to buy at 0.6 and it drops to 0.37, trying to catch the bottom will only lead to endless attempts at catching a bottom. How do you know if you are catching it halfway up the hill or at the very bottom? If you are fully leveraged, you would have already been liquidated, so be cautious when trying to catch the bottom. Those who say they are not afraid of spot trading only truly mean that they are not afraid of BTC; the result of altcoin spot trading is often a drop of several dozen times. $AUCTION $OM #巨鲸动向
Two months ago, I made contracts, participated in various activities, created new coins in my wallet, and operated in other places, earning from five hundred dollars to five thousand dollars 🥳 Making money isn't hard; what's difficult is keeping the money you earn. Heavy investment in contracts can lead to big profits, but it also carries the risk of significant losses. The more principal you lose, the more you need to invest to break even. The market has been messed up by Trump's tariffs these past few days. Today it rises by several points, tomorrow it falls by several points. Remember, everyone, do not hold onto your positions, it really could be fatal! I currently have another issue. It feels like as my principal increases, I can't hold onto my positions. The numbers for unrealized profits and unrealized losses are quite large, and I often close positions too early. My mindset isn't very good; I plan to take a break to adjust my mentality. I made a little money these past two days. To be honest, it feels great to withdraw money, converting USDT into the balance in my WeChat or Alipay account. That feeling is very comfortable. Everyone who made money should feel this way when withdrawing, right? ☺️#币安钱包打新 #特朗普暂停新关税 #仓位管理
This 5000-point short position has increased my assets by 15%. Looking at the over three thousand U in my account, I can't tell you how great it feels. It has to be Trump, truly reliable 😄#美国加征关税 $BTC
The earnings this month are still quite considerable. Mainly, I dare not take too large positions, especially in altcoins, where I lower my multiples due to high volatility. Basically, each position is 1% of my capital for a stable operation, with daily total earnings of over 0.5% to 3%. If there’s a big market movement, I earn more 😂. Is there anyone interested in following my trades? I can open another trading project. The last time I opened it, no one followed, so I closed it. I will open it if there are more than 10 people interested. If you want to follow, just let me know in the comments. However, my capital is small, and if there are opportunities to make money elsewhere, I might close the project. For example, if Binance is launching new coins, I will close the project and buy BNB to participate in the new coin offerings because I don’t have much money. With just 3 BNB, I can enjoy a lot of pig trotter rice. This is pure easy money that I cannot miss. After buying BNB, I will short to hedge, making a guaranteed profit 😊.
I wrote this post purely for the rewards in the picture, and everyone else can write about it too; there should be a few U. I have also bought some local dogs during this time and tried PVP, but most of them ended in failure (almost all were compensation or airdrop; I will not give up on the contract and let myself lose in another place). There are many opportunities on the BSC chain, but most people are the targets of being harvested. I still recommend that everyone not play; exchanges can protect most people, while the chain is full of chaos. Binance encourages posting such messages, which obviously intends to guide secondary market users into the primary market. Although I have seen news on the BSC chain in the square, the viewership is often not large. This time the official has taken action, and for a long time to come, the BSC chain can be played; it is currently still in a value trough.
I have been researching how to proceed these days, and I haven't posted anything. Yesterday, I shorted BNB at the 730 high, but I didn't hold it for long before closing it because CZ made a statement, and I was worried it would continue to rise, so I closed it. I didn't expect it to drop directly after that, and I only made a little profit, which is still a bit frustrating. At most, I can just cut my losses; there's no need to worry all the time. I ended up laughing at myself for this operation. $BNB
Don't go long on tst, don't go long on tst, this coin has a huge profit margin, there are too many high-level buyers, the trend has already collapsed, don't buy anymore, it's already a bottomless pit! $TST
Today getting 39u is already pretty good for me. Unfortunately, I didn't pay attention when the news came out earlier and got stopped out by the 🐶 market maker's spike. Luckily, I managed to catch up later; otherwise, I would have lost a lot. Finally, I took a position on the event contract to catch a wave of rebound and called it a day. That's it for today, rest well and fight again tomorrow. Health is the most important, good night🌙
In the past two days, it went from 100u to 241u, and the difficulties involved need not be elaborated. The summary is just one thing: event contracts really should not be approached recklessly. Once you do, all techniques will be thrown out the window; all that will be in your mind is just one word: gamble, only thinking about winning it all back next time. I was almost at the point where these two days of effort would have been in vain. From now on, I must constantly remind myself to carefully analyze the candlestick chart before placing an order, to avoid opening positions recklessly, and to reduce the risk of losses.