Regarding rebates, and taking orders, paid groups.
A few days ago, Master Pang's post about KOLs' monthly income sparked a discussion. Many KOLs advised me to engage in rebates and taking orders.
Based on my outer group of 5000 people (I have kicked out 2100 idiots), and an inner group of 150 people, the conservative estimate for income from rebates and taking orders is around 40,000 dollars per month.
I personally oppose engaging in taking orders and rebates:
1. I believe it is more important to establish my own trading system. 2. The high income from rebates is derived from the frequency of your trades, which makes trading subjective. 3. I purely think that my own skills are not sufficient for taking orders.
The most crucial point is: people always have overly high expectations of you.
I often see private messages like these:
Brother Suo, I have been following you for two years, quietly observing your posts, and you have helped me a lot. Can you add me to your inner group? I am a long-time fan.
Brother Suo, I can use your rebates; you can guide me in trading.
Brother Suo, with such a large group, don’t you have group management? You need to provide a clean environment for group members.
What I want to say is: many people do nothing, just frequently watching you and treating it as a big deal, start to kidnap you, and it’s even worse when they have unrealistic expectations of you.
Those who have someone managing the group every day, with beautiful people assigning tasks, and little robots completing tasks, I have no motivation, I won’t do it, and I don’t have the energy to do it.
I am spiritually fragile; trading is my side job, and I just want to calmly print money.
They care about my business; my priority is to trade and print money.
As for the paid group, I do have one.
Initially: charged 300 USD, recommended for those who found my Twitter useful and wanted to systematically engage in trading. I also wanted to recruit some people for trading, setting a low barrier. It was filled within a day.
Later: Charged one ETH, many people inquired, but I mostly advised them against it.
This group is solely about my trading, my thoughts on trading, and discussions of methodologies.
If you want to refine your trading system in a pure trading environment and feel that spending 1 ETH is worth it, then come; I won’t brag about how great it is to anyone else.
At the beginning, this group was just waiting to be fed.
I spent a year, everyone discussed trading, synchronized trading information, and many group members printed quite a lot themselves.
This feeling is quite nice; I am often fed by group members as well.
No matter what friends, I charge 1 ETH; there’s no swapping back and forth between the same few people, ensuring purity.
Of course, I also brought in many insightful traders, and there are many who share knowledge based on my Twitter in the outer group, continuously improving.
My group, I am very subjective; as long as I’m happy, that’s enough.
As for those rebates and taking orders, my skills are insufficient and my spirit is fragile; I can't earn from that.
Having just a bit of cleverness and pursuing rules and summaries is a big taboo in trading.
Many people like to copy my bottom or short after I go long.
After succeeding a few times, they think it's a rule, but they lack their own trading logic and expectations, always staying at the level of techniques.
Since I cleared out the fakes, there hasn't been a single counterfeit at my liquidation price.
Only $crv is what I have left.
The feeling of validating this kind of logic is wonderful.
Isn't it a joy to learn and practice it at the same time?
1. OKX will have room after the initial launch. @okxchinese 2. Deviating from the public offering and opening at 0.7, the market cap is not high and has odds. 3. I have been using this thing for a long time; the early chip gains are not bad. 4. Brother Dofu is exploring. @BroLeonAus 5. Just now, $vine printed more than 10,000, I considered it a half-price buy.
The co-construction environment under equal conditions is very important.
Groups without thresholds are always watching whether the coins on the gain list can be chased for more or whether they can be shorted, occasionally posting some news without understanding what they want to express.
With thresholds, we look at ETF data, discuss whether ETH will break the trend line, after taking profits on $lista, whether to hold $la which has incurred losses.
Although both are among the few active trading groups in the crypto circle, they are completely two different worlds.
The focus here is not to emphasize that the internal is greater than the external, but rather the long transformation from a bullish-bearish mentality to a logical way of thinking.
If you are looking for your own trading main line.
Recently, the most frequently asked question is whether xx can still be chased?
Someone bought xx coin, what do you think?
People who ask such questions not only consume the energy of both parties but also reflect the current market anxiety.
The core logic here is the lack of a personal trading main line, which leads to not finding the underlying path, triggering anxiety.
Recently, I rarely share my own trades; when the market is good, it's all about endless profits, focusing on project analysis and methodology to avoid triggering anxiety.
I will share my own path to see if it can resonate:
1: Macro: Stablecoin legislation and interest rate cut expectations
With the overlap of the two, the circulation of stablecoins driven by interest rate cut expectations will capture better attention.
In May, I cleared a batch of altcoins; currently, many altcoins have not returned to the points I cleared, except for the $sui I held for a long time, which I sold at 4 dollars and has now returned.
The only one I retained is $CRV. Even though a certain project in the crv ecosystem caused a rug pull and backlash, I originally wanted to write a dedicated piece on crv but was afraid of collateral damage.
I bought 340,000 crv at 0.3 dollars, holding it until now without selling; it is currently 1 dollar.
With the stablecoin legislation nearing passage, I also made a breakthrough trade, earning 6000 dollars, as seen in my posts from a few days ago.
My expectation for it:
In stablecoin exchanges, only the v3 of uni and the algorithm of crv can achieve low wear.
When doing this with the macro, the odds are a bit larger. The methodology for calculating the extreme conditions for building positions can be found in past posts.
2: Narrative:
Currently, I have not seen any bloggers who previously mocked eth and called it garbage turn around and build positions in eth.
This also reflects that many people are not on the $ETH bandwagon; a single joke or emotion can easily sweep people along, and with a call to action, everyone believes it, which is the current state of promotion.
ETH has also risen without looking back, including institutional entry and the narrative of coin-stocks, as well as interest rate arbitrage.
So after ETH captures market attention, will its narrative be seen by others?
Here, I previously selected $ETHFI, which had slightly poor profits, and $ENA, which I previously mentioned is leveraged eth. I didn't open it this time, which is a bit of a pity.
The research report I published on ena is still valid now.
These are all used for leverage when eth was just rising; will the narrative return to subsequent attention?
The Shanghai upgrade and the Cancun upgrade both stirred up waves for eth, while the Blark upgrade went unnoticed.
Once the technical narrative returns, the underlying assets of the zk series will be seen by the market.
Because now when zk is mentioned, many people think of arb; zk is just a technology.
$LA is the new asset in the zk series, along with taiko, as supplemented by friends from Malaysia.
3: Hotspots.
$BNB is nearing its new high, and at that time, the coin-stock narrative, is $lista, which offers returns from bnb, still chaseable?
$CFX, Chen Fengxia, basically comes up with a fake news every year; I short it once every year; it has become a pattern.
Many of the trades above have been completed or are ongoing, witnessed by friends in the group, and are merely methodological, which can be extrapolated.
If you still ask what Brother Suo thinks, I would reply that this matter must have its intricacies.
If you ask how much xx coin is worth, I would uniformly respond with 100,000.
Create less anxiety, and discuss trading opportunities and methodologies more.
What is the reason for holding on to profits during trading while stubbornly enduring losses?
In yesterday's trading, I went long on $ETH with 3700 in coin position and made a maximum profit of 3 ETH.
Today, many group friends said that Sun Ge transferred to Binance to dump and prepare to go up, should So Ge run or not.
I replied that the fundamentals have not changed.
The logic of taking profits and stopping losses in trading is set based on expectations.
First of all, the information source for group friends is from Twitter KOLs; can this be used as a trading expectation?
According to ARKM, Sun has put many of his ETH into Lido staking.
It turns out that the ETH transferred from HTX to Binance, everyone just assumed it was Sun Ge, looking for a reason to squeeze him.
Therefore, not verifying the source of information as a trading expectation is just gambling.
So even if 230,000 ETH belongs to Sun Ge, compared to the buying impact of ETFs and cryptocurrency stocks (daily inflow of 700,000), it’s not that fierce, right?
Of course, if you think the fundamentals will end because of one person, I won’t say much.
Currently, there is no change in macro fundamentals.
The technical aspect of ETH's K-line also does not show a downward trend.
Therefore, I hold technically; I originally wanted to add at 3600, but since it hasn’t reached, I added a little.
The process of thinking and discussion can be seen in the comment section.