花园种萝卜

$FORM is funny, saw a long needle, thought it was a perfect profit-taking, but looking back the grid is still there, it should be that the perpetual contract had no counterpart and did not keep up with the spot's spike price, it seems this didn't really trigger a long squeeze, right? It should have crushed the spot, but the contract didn't get crushed, did the big player also mess it up? Well, let's continue to reap its grid profits.

Binance is always quietly holding events, if you don't know yet, come join us.
Now there are 0 transaction fees on USDC perpetual contracts! Isn't it true that frequent trading doesn't earn as much as the fees? No transaction fees, why not dive in?
$BTC
$ORDI
$ETH

$BTC $LTC $DOGE Let me explain the current mainstream mining coins. Mainstream PoW coins have electricity costs that anchor their value, so even in a crash, there will be a bottom.
Analyzing from the perspective of electricity costs, the bottom in the next bear market is about 1/3 of the current price. This will cause the latest machines to break even on electricity costs or incur slight losses, while older machines will incur full losses on electricity costs. Now Bitcoin has changed hands; previously, it was mined by companies and exchanges, and now it is in the hands of the Federal Reserve and Wall Street. Whether we are at the beginning or the end of a bull market depends on the Federal Reserve's policies. With the introduction of ETFs, the price may not drop as severely as before. My personal strategy is to use small amounts of capital with stop-losses to trade in waves. If Bitcoin approaches 150,000, I will start shorting in segments, with a liquidation price above 200,000. If it drops to the 50,000 range, I will primarily go long, and if it truly reaches the 30,000 range, I will heavily invest long, with a liquidation price below 20,000. It is advisable to use idle funds for trading; it is best not to borrow, as it can affect your mindset. Finally, I wish everyone a profitable journey.

$XRP has risen sharply recently, but so many people in the square are shouting 10u, 100u. Do they only look at the price and not the market value? XRP will exceed $SOL if it doubles, and 20u will exceed $BTC . Unless BTC is 1 million u per coin many years later, XRP will have a hope of 100u.

$ETC The Doomsday Chariot has started. Is the big callback coming? I don't know if it will work this time. $BTC $XRP

#CKB助力比特币生态 $CKB and cfx, who can become the light of domestic products? It seems that ckb has a higher starting point, with a star team and institutional backing. However, cfx's popularity seems to be much higher, perhaps because I am also in the mining circle. The current gap between the two is not large, cfx is slightly ahead, and ckb can overtake with a surge in trading. So what makes cfx outpace others and is currently regarded by most as the light of domestic products? Personally, I believe it's not due to technology; both technologies appear impressive on the surface, but there aren't many applications. At this stage, technology cannot be said to be widely applied before large-scale implementation; it can only be described as flashy, a tool for promotion and profit-gathering. It is very likely that the difference is due to the different mining methods. Because ckb has a higher starting point, it released professional mining machines early, securing profits and locking in some users. Meanwhile, cfx has consistently adhered to GPU mining; without professional machines, it may have earned less money, but the community of GPU miners is much larger, which is more conducive to promotion and has established a more accessible image. However, after ckb transitioned to btc's L2, cfx is no longer in the same league. The light of domestic products will not be limited to one; I hope both ckb and cfx can work hard and become the light of domestic products. Everyone is welcome to leave their opinions in the comments.

#CKB Supports the Bitcoin Ecosystem Today, let's talk about the $CKB coin from the perspective of miners. Launched in 2019, it is led by Xie Hanjian, the only Chinese member of the Ethereum core team, which can be considered a star team. Major institutions are optimistic and have invested. However, after being listed on Binance, it hit a peak of 0.0447 and has been declining ever since, never returning. Currently, it is indeed as everyone says, that the Chinese market is all talk with no substance, lacking vision. At the end of 2022 during the bear market, I saw mining machines plummeting, with the CK5, which was worth tens of thousands, dropping to a few thousand. I bought a second-hand one for 5000, hoping for luck, thinking that when the bull market comes, this would be a money printer. However, luck did not strike, and the coin price continued to fall. Initially, I was making about ten yuan a day, but a few months later, I ended up losing money on electricity and had to shut it down. After more than a year without any major movements, when everyone believed the market was dead, CKB announced its transition to BTC's L2, along with the Hong Kong ETF boosting domestic and Hong Kong concept coins. My CK5 was able to earn a few yuan a day again. Unfortunately, it only lasted less than a month before the coin price reverted to its original state, and I had to shut it down again. Currently, the only machine still operating is the Antminer K7; all others are losing money on electricity. CKB ranks 11th in daily output among mining coins. The price of Antminer K7 is about 20,000, yielding around 40 yuan a day, with a static payback period of about 500 days, which is considered average.
The characteristic of mining coins is that there will be support near the shutdown price, and in the future, the focus will likely be on the shutdown price of Antminer K7. However, it may also encounter a bear market or violent washout that could lead to losses on electricity for the Antminer K7 as well. Domestic coins and each mining coin have their own cycles and may not necessarily follow the overall market trend, making them suitable for sector rotation. The current price level is considered moderate; buying spot has average cost-effectiveness, and it is advisable to accumulate during dips and hold patiently. Contracts can only track short-term trends, while long-term performance depends on the team's and investors' vision.

$BTC $ETH $SOL , there will usually be significant fluctuations before the data is announced. Based on past experience, funds tend to sell off a portion 1-2 days before the announcement to avoid risk, causing a decline. After the announcement, if the results exceed expectations, most will rise; if below expectations, most will fall. There is also the possibility that good news being fully priced in could lead to a downturn or sideways movement, haha.

$TIA $OP $DYDX unlocks. Tia unlocks 80%, a massive unlock may lead to significant volatility, it could result in a cash-out crash or a spike in sales. Tia has weak support around the 5 line, you can test with a stop-loss and light position.

Last night's needle, tested a few to see the situation, if it continues to drop, I will keep adding positions $CFX $ZIL $LUNA

Because I am a strategy expert on several platforms, I open many positions, and I am not a big trader myself, so I don't open large positions, and there aren’t many that exceed 100u. Today, I want to talk about what to pay attention to when copying someone else's strategy.
So how should we choose when copying strategies? Most people would say it's simple: just find the ones with the highest returns. I can only say that’s wrong; while it’s not necessarily wrong, it’s highly likely to be. Because a strategy with high returns has definitely seen a significant increase after it was implemented, and the expert may be preparing to take profits. If you jump in at that time, while it may continue to rise, the risk increases significantly, and the potential returns decrease. Some friends have copied my strategy, and after a few hours of seeing a loss, they close the position. Sometimes I trade on the left side, and there might be a slight drop after I open a position, but if you close it and it rebounds after a couple of days, it’s irrelevant to you. This is a short-term mindset applied to a long-term strategy, and the win rate is not high. People can't earn money outside of their understanding; wanting to mindlessly copy someone else's strategy to make money isn’t impossible, but the probability is very low. Therefore, when we follow trades, we also need to learn more and understand the blogger’s thought process, taking responsibility for our own wallets. There are no perfect strategies, only strategies that suit oneself. We need to gradually build our own system through learning. $KEY $DODO .

I'm getting ready to go to bed. I looked at my #kas orders. I was unwilling to close them, but I was afraid that they would explode in the middle of the night. I wanted to buy some U with margin, but two of them said that my funds were not deposited, and one risk control could not transfer the account. I couldn't sleep well overnight, so I looked at my account carefully. There were still dozens of U in the capital account that had not been transferred. I transferred it decisively. I haven't checked the rebate for a while, and I have dozens of U without knowing it. I can sleep peacefully.
Because my posts are all original, there is no copying, no moving, no AI, I type them one by one by hand. The materials used are also real stories from my own account or myself and my friends. They may not be so exciting, but they are real. I hope everyone can understand that originality is not easy. More attention and likes are my motivation to stick to it. If you don't have any rebates, you can register using my link. You can save the handling fee and I can also get some commission as a reward for supporting my original work. Thank you https://www.binance.com/join?ref=HKAQ1NYS. Don't underestimate the rebates. When the transaction frequency is high, the rebates may be more than your principal or profit.

Coin-based and $ETC . Holding onto fluctuations without selling, and opening spot and USDT-based grids while fearing to sell too early, is there a way to balance both? Yes, that is the coin-based grid. The difference between coin-based contracts and USDT-based ones is that when you sell, you receive coins instead of USDT. The number of supported coins for coin-based contracts is relatively small. When we have a long-term optimistic view, we can open a coin-based contract. For example, if you take 1 of $ETH to open a long position on a coin-based contract, when ETH rises, your ETH will increase, and when it falls, your ETH will decrease. The advantage is that when you close the contract, you still have the coins, which can be sold at a higher price. The downside is that during a decline, the value of the coins used as margin also decreases, making it easier to liquidate compared to USDT-based contracts.
Personally, I generally use it for trading coins that are stuck, for example, I bought some spot ETC around 21 when I thought the price was good, and when it dropped to 18, I didn’t want to sell. By holding onto it with no returns, I can open a coin-based contract to ride the fluctuations until it rises back above 21, and then close the grid and sell in batches. This way, it gives more returns than just holding.
Since we mentioned ETC, let me introduce this coin. I believe everyone knows ETH, the second in the crypto circle, the king of public chains. ETC is far inferior to ETH. The names are similar, and the algorithms are the same. Is it a fork of ETH? In fact, ETH is the one that forked; ETC can be understood as the older brother abandoned by Vitalik. Without the support of a star team, its development is naturally not as good as ETH. However, after ETH stopped mining, ETC provided a lifeline for miners, though now old machines are losing money on electricity costs. It can be allocated appropriately, but do not heavily invest. Its price movements are related to ETH, and its increases generally cannot match ETH, but it occasionally has a breakout. I forgot to mention that it is also known as the doomsday vehicle among veteran investors. When ETC surges, the entire crypto market tends to drop. Just think about selling the surging ETC to buy the dip on other coins; isn’t that tempting? However, history is meant to be created, and curses are meant to be broken. Don’t be overly superstitious, just allocate a small amount and see if there’s a pleasant surprise in price. If not, maintain a calm mindset. The crypto market carries great risks, and trading should be done cautiously.

The most popular mining coin last year should be #kas . I bought a ks3l mining machine in August last year, which cost 170,000 yuan per unit. I could mine 6,000 #kas every day, which could be sold for about 3,000 yuan at that time. The budget was to recover the investment in 2 months. After a large influx of computing power, the output was greatly reduced, and it took 6 months to recover the investment. After recovering the investment, I mined for another half a year and made tens of thousands of yuan. Now the #kas I mined basically covers the electricity bill, and the machine is only worth more than 2,000 yuan. Now I think it’s better to open a spot grid with 170,000 yuan last year, double the price and sell it, and make more money and save trouble.
#kas has adjusted a lot recently. It has reached the shutdown price. There is not much room for personal decline. You can buy some spot to rebound. If you are aggressive, you can open a contract grid. The explosion price is controlled below 0.08, which is not easy to explode. After opening, slowly eat the band and wait for the rebound. Don’t open too much, and be prepared to increase your position when it breaks 0.1. The robot parameters can refer to the settings in the picture I posted. If it rebounds, 0.16-0.18 should not be a problem. This coin is reduced in production every month, and the shutdown price will continue to increase. In addition, this coin has not yet been listed on Binance spot. If it is listed on the spot, there should be another wave of increase, which is suitable for long-term investment. There is also a mining coin alph this year. It was very popular in the past few months. A lot of mining machines were sold. Most of those who bought mining machines have not yet recovered their investment. It has also fallen badly recently. Those with idle funds can buy some or open a spot grid to wait for opportunities. There is a high probability that it will rebound to more than 2.

$HOOK Is this an advance ambush or an ambush? Haha

Get some free money from Binance https://s.binance.com/HGsLfqHL?utm_medium=web_share_copy Click here to transfer 0.001u to get 50 bonk. You can also enter the transfer activity from Binance fund account, payment, and transfer. Each person can transfer 5 and get a total of 250 bonk. Friends who don't have so many accounts to transfer can give me a reward. Thank you! Binance id: 431172892 844838890,848002668

来薅币安的羊毛了 Click to enter or save the picture Binance app to receive it. Although the official benefits of free riding are small, don’t miss it. No matter how small the mosquito is, it is meat.

Let's talk about mining this time.
After the real estate market cooled down in 2021, I transitioned into the crypto space. Since I had previously operated a computer shop and was familiar with installation and repair, I quickly got the hang of mining. At that time, the hot topic was $ETH , with a 3060ti graphics card rising from over 3000 to over 6000. While mining and trading, I was fortunate that my experience with the computer shop and stocks allowed me to adapt to the crypto market without stepping into major pitfalls, resulting in overall gains that outweighed the smaller losses. Throughout the process of mining and trading, my experience has been that understanding a bit about mining is beneficial for better market insight. After all, Bitcoin is a mined coin, and there are still many mined coins in the market, such as $ETC , $KAS, etc.
As a miner, I primarily engage with mined coins because I am also involved in production, giving me a better understanding of their costs. Speaking of mined coins, a significant concept is the shutdown price. The shutdown price is the price at which the output of coins from the machine cannot cover electricity costs. It is generally believed that when the coin price drops to the shutdown price, it becomes stagnant because some miners will shut down and stop producing, while those still mining at a loss will hold onto their coins until prices rise again. Recently, it has been reported that the mining cost after Bitcoin's halving is over $40,000, so is $40,000 the iron bottom for Bitcoin? Personally, I don't think so. In previous bear markets, Bitcoin has always fallen below the shutdown price because it is dynamic. When it reaches this price, some miners with high electricity costs or older machines will shut down, while those with lower or even free electricity will still be profitable. Moreover, after shutdown, total hash rate decreases, and the remaining machines will produce more. The bear market is also meant to eliminate older machines and wash out the less committed retail investors, so I personally predict that the bottom of the next bear market will be around $30,000, and it is very likely that we will never see $BTC below $30,000 again in our lifetime. If anyone has any interests, feel free to leave a message or DM me, and I will choose the most popular topics to discuss with everyone gradually.

This time I'll talk about the operational thinking and insights of trading bots. Taking my order $DODO as an example, when it dropped to 0.117, I thought it was about to stabilize, leaving a little range below. This order was held until 0.1112. Assuming the recent high point is at 0.17, I could set it a bit lower than the recent high point, like 0.158. This way, the bot would execute all the orders above the current price at market price at the beginning, then sell a little as it rises, and buy back when it drops. It sells out when it rises to 0.158. Personally, I would set take profit and stop loss, for example, take profit if it exceeds 0.159 and stop loss if it's below 0.1. This can be adjusted according to personal strategy and specific market conditions. A smaller range easily leads to price exceeding the range, and the bot will stop running, while a larger range will occupy more funds. Fewer grids can capture more price fluctuations, while more grids can capture more swings but will also occupy more funds. Unmatched gains and losses refer to the profit from price fluctuations, while matched gains and losses refer to swing profits. For example, my order $PEOPLE has basically not risen much after opening, relying entirely on profit from swings. Everyone is welcome to learn and communicate; if there are any questions, feel free to leave a message or contact me privately.

Let's talk about the pros and cons of trading robots and the costs of placing orders.
I believe everyone often hears that this coin is either rising or falling, so you can just gamble 50%. But in reality, why are there far fewer people making money than 50%? From the perspective of spot trading, there might also be sideways movement, and if you buy something and it takes a long time to reach your psychological price point, even if it doesn't fall, the long-term capital occupation without profit is equivalent to a loss. In the case of contracts, there is also the risk of liquidation, which reduces the win rate even further.
So is there a way to increase the win rate? One method is trading robots. For example, if you buy $BTC for 60,000 with the intention of selling at 70,000, you could make a profit of over 10%. However, if after buying, it drops to 55,000 and you sell, you've lost nearly 10%. Of course, you might say you have faith and will hold on. But if it rises to 68,000 and then drops back to 60,000, would you feel frustrated? Once, you might not feel upset, but if it happens 3 times from 60,000 to 68,000 and back to 60,000, have you made money? No! But a grid trading strategy can make a profit. Assuming the probabilities for rising, falling, and sideways movements are each 33%, whether you go long or short, the win rate is still 33%, but the win rate for grid trading is 66%.
So is grid trading flawless? Of course not. Because of the segmented buying and selling, grid trading can capture segment profits in addition to price fluctuations. However, when you correctly predict the market and it moves in one direction as you expected, the profits from segmented selling may be lower than those from directly going long or short. Therefore, grid trading is not suitable for those aiming for precise entry points with potentially tenfold or more returns, but is suitable for those who want stable appreciation and high win rates through steady rolling strategies.
Next, let's discuss order fees. Many friends may not have noticed that placing orders is cheaper than executing trades, and some currency pairs have no order fees at all. Don't underestimate these transaction fees; when taking a segment, if you earn 1% from the segment, you could end up paying 20% or more in fees. Moreover, the advantage of having no order fees is that you can have very small intervals between orders, allowing you to capture more profit opportunities. Although spot trading has a low capital utilization rate, it will not lead to liquidation, and if you invest in top coins, with patience, it is highly likely that you can earn. Isn’t it appealing that robots can automatically trade and capture segments without incurring fees? Although contracts all require transaction fees, commissions can be refunded. Friends who haven't opened a commission arrangement can message me, and I'll help you set it up.