Inconsistent words and actions, it's no wonder the market punishes you; you say spot is king, but contracts cannot stop for a day.
200U起家
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Today's funds 1224 U, February 25, 2025
Last night, the contract orders were only 1x to 2x operations. Maybe I just opened the contract orders, and after the previous liquidation, the performance was relatively satisfactory. But how long can I maintain this mentality? Can I persevere?
If it is based on the previous multiples, my funds will at least double yesterday, but this idea is dangerous, very dangerous.
In fact, I should have been short yesterday, but there was a sudden positive news about VANA coins during the trading session. I am quite familiar with the market of this kind of coin, and chasing highs is one of my strengths.
Today's goal is to practice short positions. Although the number of operations yesterday was indeed a little less, and I was short for a while, it was not enough, not enough, far from enough.
This time, the leverage of the contract should not exceed 4 times. 4 is the homonym of "fa" and "si", which has a good warning effect. Normally, it is only two to three times leverage, and one time is normal.
The current market is like a pool of water, like dead water. It seems that all coins except BTC are dregs. There is only this pool of water. In the past few days, two exchanges were stolen and 15 and a half buckets of water were taken away. Maybe when the market unanimously believes that it will fall, it will be a signal to buy the bottom.
Many students’ comments in the diary are mostly based on their own experience. There is a real BTC contract of 400 million U (see photo 2). Now the loss is about 40 million U, and the liquidation price is about 82,000 U. In comparison, are my previous profits and losses greater?
Have your own independent thinking, not just following the crowd. It is more important to believe than to question in the currency circle.
I am as uncertain about tomorrow as you are; my diary can only record today.
I tried hard, but now I have failed.
Losers do not have the right to speak, let alone the right to write a diary.
I hope my departure is only temporary.
From 2023 to 2025, three years have passed. I sincerely thank you for having read my cryptocurrency trading diary. It is an honor to meet you in the diary; I hope my genuine trading diary can enhance your trading experience.
To those who have helped and encouraged me, I have always remembered you. To those who have followed my trades and incurred losses, I want to say I'm sorry!
I once fantasized about giving back to those who helped me after achieving success, and fantasized about finding the BTC I previously mined. The reality is that I have failed and have nothing, with no money to my name. In today's diary, I originally only wanted to write the word “goodbye” or perhaps not write a diary at all, but I ended up saying too much.
Trading is lonely. I have not left the market; I just will not write a diary anymore, because writing a diary might evoke empathy in others, and following my trades has resulted in losses, which was never my intention.
I do not know if I will return again.
Song lyrics
I fear I may not have the chance To say goodbye to you Because perhaps I will never see you again Tomorrow I must leave This familiar place and you We must part Tears will fall from my eyes I will remember your face I will cherish the memories you gave me These days will forever Be etched in my heart I cannot promise you If I will return again.
I am as uncertain about tomorrow as you are; my diary can only record today.
I tried hard, but now I have failed.
Losers do not have the right to speak, let alone the right to write a diary.
I hope my departure is only temporary.
From 2023 to 2025, three years have passed. I sincerely thank you for having read my cryptocurrency trading diary. It is an honor to meet you in the diary; I hope my genuine trading diary can enhance your trading experience.
To those who have helped and encouraged me, I have always remembered you. To those who have followed my trades and incurred losses, I want to say I'm sorry!
I once fantasized about giving back to those who helped me after achieving success, and fantasized about finding the BTC I previously mined. The reality is that I have failed and have nothing, with no money to my name. In today's diary, I originally only wanted to write the word “goodbye” or perhaps not write a diary at all, but I ended up saying too much.
Trading is lonely. I have not left the market; I just will not write a diary anymore, because writing a diary might evoke empathy in others, and following my trades has resulted in losses, which was never my intention.
I do not know if I will return again.
Song lyrics
I fear I may not have the chance To say goodbye to you Because perhaps I will never see you again Tomorrow I must leave This familiar place and you We must part Tears will fall from my eyes I will remember your face I will cherish the memories you gave me These days will forever Be etched in my heart I cannot promise you If I will return again.
I just withdrew money from the exchange to the Binance wallet to top up the AI concept coins. Today, the VPN software on my computer expired again. The fee was $12 for three months. I scraped together money from WeChat and Alipay and transferred it to the bank to pay the fee. It is absolutely impossible to trade in cryptocurrencies without a VPN to view x's cryptocurrency information. Now I have no money in my bank card, Alipay, and WeChat. I don’t even have money to eat. The only WeChat friend I added in the cryptocurrency circle lent me 15,000 yuan on December 22. I used it to pay for rent, phone bills, food expenses, etc., plus buying a U. I just spent all the 15,000 yuan.
It turns out that the gift-giving countries are Korea! The two Korean exchanges are going crazy.
The main players on Upbit are $Uxlink and $Moca, and the main players on Bithumb are $Uxlink $Pengu and $Moca. Comparing the increase list, it is indeed U and M that have increased the most, so we have to follow Korea to speculate in cryptocurrencies in the future?
Looking at the trading volume, I counted it several times, and it is indeed not dizzy. The trading volume of $Uxlink on Upbit alone has reached 1.6 billion US dollars! Other recent new projects listed on Korean exchanges, such as $Move $Vana, also have good volume and price performance.
It seems that the gold content of Korean exchanges will continue to rise, and whether they can be listed on the two major pairs will become another important criterion for measuring the strength of a project. The pattern of CEX will have new changes again.
South Korean cryptocurrency speculators are going crazy, altcoins are soaring, and BTC is no longer in love
According to CoinmarketCap data, Koreans are trading altcoins crazily.
The top 5 exchanges with U-based trading volume: UXLINK, MOCA, XRP, MOVE, AGLD. BTC can only rank sixth, UXLINK is 6 times that of BTC! The trading volume reached 1.6 billion US dollars!
The top 5 exchanges with B-based trading volume: UXLINK, XRP, MOCA, Pudgy, BTC ranked 7th.
On the other hand, Binance’s top 5 are BTC, ETH, XRP, SOL, and DOGE.
Behind the high trading volume is the rising price. $UXLINK ranks first in the increase list, with a price of 2.74U, a record high. $MOCA ranks third, with a price of 0.39U, a record high. Several other altcoins are also rising sharply.
So, is the "Korea Obama concept coin" going to be popular now? Focus on the top trading volume currencies of the two exchanges, and take off in 25 years?
More data shows that the number of crypto investors in South Korea has exceeded 15 million for the first time, and the average daily trading volume of the five major exchanges is close to 15 trillion won, comparable to the stock market.
$BOME seems to have a double bottom; $PEPE seems to have also gone through a long decline, and the high point on the left side of the callback has also been stepped on; $WIF fell and broke through; People's callback is too deep, wait for it to shake again; Not has not fallen yet, so I don't want to do it;
Find a coin you like, hold it; turn off the computer, and it's done;
It's really poor in May, desperate in June, and turning over in July. Now it feels like there are opportunities everywhere...
Oversold market rebounds, you take your Shanzhai, I take my Sol; we both have a bright future;
$BTC The market is very bad tonight; Bitcoin lost 60,000 points;
On the rising list, there are only two coins that are pleasing to the eye, one is MTL, a fee coin; the other is LISTA, a small-cap new coin;
I would do MTL fee coin according to my previous habits; but the K-line is too disgusting, the more it rises, the more it falls; I have no desire to do more of it;
LISTA should be the most pleasing among the recent new coins, because of its low valuation, I have done its spot before, but I don’t want to do it tonight, I don’t know Why? Maybe it’s because Bitcoin is not strong, so I don’t want to buy the bottom of the altcoins.
Another point is that when the market environment was very bad before, I went long on CVX against the market, got a lot of money, and learned a lesson. And I later learned the lesson of CVX and went long on Lista in the short term, and the market verified that my logic was correct.
So today, Bitcoin is so bad, even if these two coins are strong, I don’t want to go long against the market.
There is another situation that I noticed when I was browsing Weibo. Yesterday, Bitcoin’s daily decline was actually greater than that of some strong altcoins? ? ?
Although I don’t know what it means;
But Bitcoin went so badly; it feels like funds are retreating; the decline of the altcoins yesterday was not as good as Bitcoin. Maybe the early decline was too deep? Oversold rebound?
I don't understand,
Conservative players should go short; I was obsessed with reviewing yesterday afternoon and became a short position, but the key position of BTC60000 was repeatedly grinding, and I repeatedly went long and short several times; Luckily, in the end, when it couldn't hold 6w for many times, I decisively entered the market to chase the short position. I currently hold a BTC short position and feel very comfortable;
I'll write this first. When market funds are retreating, I feel that it is meaningless to enter the market to buy the bottom of the cottage;
The first target position of the pancake is to see whether it can stand at around 57000;
If it can't stand, it will go down to around 54000...
$BTC Funds began to withdraw across the board, and the market chose a downward direction after no fluctuations. As the market fell, more and more short-sellers chose to join the winning side. The decline was inevitable.
$ETH ran away. I moved the ETH line again and again, but it still couldn't stop falling;
I remembered last year's 818 in the cryptocurrency circle, when ETH was the first to break in one hour, and then I saw that Bitcoin also broke, confirming that the market was going to fall, so I entered the market and went short;
I don't want to go short today, so I'll go short to save my life;
What are the differences between these three declines? How will it trend in the future? How to get out of the downward trend? Under what circumstances will a reversal occur?
The rebound is getting weaker and weaker. If we continue like this, today's decline is very dangerous.
$TRB Diagram: Ignore it below the green line because the uncertainty is too high;
When I noticed it, it was already in the first green circle. I judged that the market had just started, so I got on board decisively;
It went through two central oscillations; The fifth wave had a false upward breakthrough, and then it completely fell back, and I ran away at 117.4;
Perfect;
Now I hate false breakthroughs. On the night of June 7, the false breakthrough of the big cake hurt me badly; Now when you see a false breakthrough, you have to run even if you make a mistake;
$BTC This kind of K-line is too familiar, step-by-step rise, a very certain way of rise; Breakthrough requires adding positions, seize the opportunity, and eat a big wave; It is difficult to achieve great things if you indulge in the fluctuations of a few points every day;
$ORDI The same pattern, appearing in different positions, represents different meanings;
For example, the wedge that appears in the first consolidation interval after the box breaks through, and the wedge that appears at a high position after the five waves surge;
Last November, I was deceived by the big cake pattern and dared not get on the car. My thighs were swollen. [Smile]
$BTC I have thought about how the market will evolve in the future. Both the big cake and the second cake broke and fell rapidly. The market was miserable, and the average daily decline of the copycat was more than 10 points. This market will probably last for 2-3 days. Then there will be a period of disordered shock, which will shock you. If you have a good copycat during this period, you can ambush on the left side. Then for another 2-3 days, the market will not fluctuate much. This period is the best time to make a detonation point on the right side. Then until one day, the market will usher in a new round of outbreaks. Why am I so sure that the market will go that way? Because this law has been played out countless times since October last year. I will write this here today. I really need to watch anime. When there is no market, just control your hands and light position. Or go short with a light position, but don’t go short with a heavy position. Anyway, I don’t like high leverage to go short. I can’t let the good habit of opening short orders that I have just cultivated be strangled in the cradle.