Experience Sharing - Binance New Year Fuka Card Event
The Binance 2025 New Year Fuka card event is nearing its end. Today is the last day to send contract gift boxes and draw Fuka cards. I consider myself one of the deep players in this event and have a lot of feelings about this event, so I wrote this article to summarize and share. —————————— I was among the first batch of people in the market to take the plunge. Two hours after the event announcement was released on December 24, I read the complete event rules and packaged a welcome gift box, starting to advertise in various chat rooms in both Chinese and English, occasionally explaining the event rules. At that time, hardly anyone paid attention to me.
Alpaca is a delisted token, and I carefully checked the announcement; both the contract and the spot are being delisted.
It's impossible to replicate the Reef market.
Why is everyone doing this?
I entered lightly with 1000 tokens and, out of curiosity, looked up the token information, only to see it's going to be delisted, which scared me so much that I hurriedly cleared my position.
When the market crashes, the price of USDC against USDT will be driven up, directly raising it to 1.0012 at 4.7, which allows BTC/USDC to drop more sharply than BTC/USDT.
When the market rallies, the price of USDC against USDT will be driven down, and now the price of USDC is only 0.9992 USDT, which allows BTC/USDC to rise more aggressively than BTC/USDT.
If USDC is directly raised to 1.0012 at 4.7 now, Bitcoin could drop two hundred points without reason. But the fact is that the manipulators have created pressure, squeezing out 200 points of gaming space for all players shorting BTC/USDC contracts.
No transaction fees are just bait; there are many ways to take you down.
When there is no market, I earn small, and when there is a market, I earn big. After waiting for four days, I finally waited for the market to come.
This is my eighth time standing up in the crypto world, starting on 2025.04.07 with a starting capital of 48+30+2+0.75=80.75. Around 4.16, I received the second airdrop reward of 50+0.45+1.379=51.829. Currently, the net profit is 270U.
After the liquidation of #保护你的资产 , I've actually become more diligent. Compared to the last ten days, I was a complete lazy dog in March. I try to earn 12U every day. Well, actually, compared to the initial starting capital of less than 100U, earning 12U a day still feels like I'm earning too little.
Let me try to explain the hard work leading to wealth in the crypto world: constantly bearing minimal risks, but being clear about how much risk one intends to take and what those risks mean in terms of the capital to be risked. One may feel anxious at times for not bearing any risk and is constantly evaluating the direction for the next moment.
Ineffective hard work leading to wealth, on the other hand, is all the efforts made after being trapped.
Initial capital 48U + continuously received 30 + 2 + 0.75 = 32.75U voucher, totaling 81U, tripled in ten days. During this period, mainly focused on major currencies, and made several small positions using ETH, SOL, and BNB. Additionally, 50U is from the bn activity that arrived this afternoon.
If not rolling positions, it's true that shorting in U-based trading carries higher risks and lower returns compared to going long, but that doesn't mean we should have a bias against shorting or never short at all. If not prepared to roll positions, then in a declining market, taking smaller short positions to profit from smaller price fluctuations is far more cost-effective than simply going long.
Life is finite; to earn enough money in our lifetime, our accounts must also have a certain income during market declines.
After the stop-loss of #止损策略 from 4.7 explosion-proof warehouse, I left 47.9U as emergency funds. In the following days, I successively received a total of 30 + 2 + 0.75 = 32.75U in token vouchers, and approximately 80U of funds have increased to nearly three times.
It's not difficult; just be bold in your investments. Here, being bold means investing several hundred to over a thousand U. My mindset these days has been: just go for it, with a principal of several hundred to over a thousand RMB, adding a bit of money to average down is really no big deal?
This kind of mindset was something I couldn't even consider when my funds were around ten thousand in February or March.
After a liquidation, there must be supplies, right?
I was planning to recharge today, but to be honest, at this rate of making money, not recharging isn't a big issue. Let's see how it goes for another couple of days.
It's really ironic, I spent a whole day losing 95% of my principal, with Ethereum hitting a low of 1411, I lost at 1450. Yet, in such a short time, I made over 50%, going from 48U to 78U.
Three reasons for this liquidation: 1. Heavy positions 2. Going long like a fool 3. The price of USDC against USDT keeps rising
To elaborate on the third point, Binance has been promoting no-fee USDC orders, which attracted many players to USDC trading pairs, and then the price of USDC was pushed up. When I was liquidated, the price of USDC was pushed up to 1.001, which also means that trading pairs like BTC/USDC would experience an additional layer of price fluctuation beyond the decline of BTC/USDT, compounded by leverage, resulting in a significantly substantial price range.
I admit, I smashed this plate 😂 The spot price of Bitcoin reached a profit of 85858, I sold 0.01135 BTC, which is the total amount from several previous bottom-fishing attempts.
I waited for this point for a week, since the last drop from 88, I have been bottom-fishing all the way down. When I ran out of USDT, I used my Bitcoin holdings to go long, and at one point, the liquidation price was only two thousand dollars away, but in the end, I still made a profit.
Going long with Bitcoin holdings is as risky as going short with USDT, but I can't help it, I am bullish on Bitcoin.
As the funds grow larger, the leverage has to be lower and lower, after all, I can't afford to take the risk of failing again, and spot trading can also make money.
Throughout March, I basically didn't make any money, and the profits barely covered living expenses.
I bought the dip too early, and turned all my USDT into coins, with a cost of 845. I don't know when the bull market will return; a little spring rally would be nice.
Image 2 shows the fisherman hat from the bn peripheral in the March roulette draw event; it arrived today, and I'm going to show it off in the square.
The trading volume of coins is shrinking, the interest rate of USDT is shrinking, and there is a loss of population in the chat room. I really don't know how much longer this market can hold on.
Night update on March 31
The assets in the bn account have broken through 10,000 RMB for the third time. There was one withdrawal before the first breakthrough, one stop-loss between the first and second breakthroughs, and one stop-loss + one withdrawal between the second and third breakthroughs.
It's really hard to make money in the broken B market. I just happened to see the funds added up to 1234U, so I came here to post and earn some points. I don’t know when I’ll be able to earn 12345U, or even 123456U.
When I place orders, I really like to use these sequential numbers, like 87654.3U for big coins, 567.89U for BNB, or palindromic numbers like 97579 for big coins, 531.35U for BNB. But it seems that the market's peaks and locations never favor these lucky numbers of mine; instead, I have seen a few times the sharp points at whole thousand thresholds or the sharp points at tail numbers 888, 666.
The market capitalization of stablecoins, the big coins on exchanges, the trading volume on exchanges, the on-chain trading volume, the inflow and outflow of ETFs, the highs and lows within the broken cycle. These data should be viewed together; they are different from mid-cycle bull and bear markets regarding CPI, non-farm payrolls, interest rate cuts, and tariffs. They determine the data for long-term bull and bear markets, which is not very meaningful for contract players and retail players.
$USDC Task Center actually traded USDC The three major stablecoins on bn also have their gameplay: Spot Trading: USDC to USDT to FDUSD will have fluctuations weekly and monthly, and it has been running quite steadily without deviating from the peg for a long time. Additionally, the spot trading of these three stablecoins has no transaction fees, so taking advantage of this fluctuation can be considered a risk-free profit; Wealth Management: The three major stablecoins provide a decent tiered interest rate during this bull market since the rise of Chuan Huang, giving about 10% annualized high interest on the first 500 U of each stablecoin. Recently, this wealth management interest rate has been adjusted, and how to benefit from this wealth management interest will need to be adjusted accordingly; besides this, monitoring the stablecoin interest rates is also one of the effective indicators for judging bull and bear markets; Withdrawal: There's not much to say about this, don't play around with withdrawal options, only leave USDT for withdrawal; withdrawing other stablecoins or valued coins will incur losses.
Sigh, after experiencing a ban, a long and short loss, a withdrawal, and a cooling-off period, there are still 1150 U left in the bn account, and it will take another 30 times to fully break even in the crypto world. I don't know if it can be achieved by 2025; it's a long wait.
The market has been very difficult during this period. Even when I successfully predicted the market direction, I still lost money because the volatility exceeded expectations and my execution was lacking.
Before withdrawing funds last night, I cleared all positions at 1408U, resulting in a loss of nearly two hundred U. Now it's 1118U (total withdrawal of 450U).
BN has launched a new activity, let's see if I can get enough money for two meals during my cooling-off period.
(If you want stable trading volume in spot trading, you can use the trading pairs fdusd/usdt and usdc/usdt to trade.)
Binance Announcement
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Binance Trader Camp Phase 1: Complete Simple Tasks to Win Up to 100 USDC Rewards!
This is a general announcement, and the products and services mentioned may not be applicable to your region. Dear User: The Binance Trader Camp lasts for 4 weeks, providing community users with over $1,000,000 equivalent in cryptocurrency rewards, along with a series of activities to help users learn and trade their way to the top! The first phase of the Binance Trader Camp launches a limited-time challenge event, offering a prize pool of up to $500,000 equivalent in cryptocurrency rewards, vouchers, Binance points, DOGE, BNB, SOL tokens, and other prizes, with a daily reward of up to 100 USDC. Join now and get ready for the trader camp!
Oh my god, the coin-based and spot trading have lost a lot; the U-based has not lost money yet, but the profit is not enough to make up for the loss of the Bitcoin coin-based. The gambler predicted the waterfall before the last waterfall, and now the gambler says: the bottom is coming soon. The post can only contain four pictures at most, and three more pieces of evidence: the financial management interest rate of USDC, the long-short ratio of the U-based and the long-short ratio of the coin-based.
A new week, bubbling normally. No more all-in, so the efficiency of making money has decreased a lot, but the money in the bn account is slowly reaching ten thousand yuan. (200 USDT has been withdrawn) Caught a cold, so I can't think of any witty remarks. Image 2 is the trading star title that bn sent me, which I found at the C2C center. I wonder how many people have it?
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Updated at 1:30 PM, the second round of the bn Spring Festival red envelope activity rewards have been distributed, this period 5 cards share 26.4 USDT, 4 cards share 7.6 USDT.
#比特币四年周期将改变? is not that complicated; it's just that the coins miners can dig up are becoming fewer, while the coins withdrawn by ETFs are increasing. As a result, miners' influence is decreasing, and the influence of the U.S. stock market is increasing, leading to a situation where there is no longer a four-year cycle, but rather a complete alignment with the U.S. stock market cycle. Unless the U.S. stock market abandons cryptocurrency.
Thinking further, if ETFs become increasingly bullish and buy up all the major coins on exchanges, withdrawing them completely, and even Ethereum becomes assertive, with ETFs withdrawing all of Ethereum, and every coin through ETFs being bought up and taken away. Once the value coins on exchanges are withdrawn, only altcoins, worthless coins, and derivatives will remain, turning exchanges into almost casinos, rendering them virtually non-existent.
The cryptocurrency market itself is constantly changing at the forefront every day. Those in the crypto circle just need to learn to embrace change.
Today is a guillotine day, so urgent proof of bubbles is needed.
Asset screenshots will be updated after the U.S. stock market opens.
#币圈财神来敲门哪款币种能成为今年的摇钱树 Welcome the God of Wealth on the fifth day of the Lunar New Year. It’s normal to have a bubble to prove that you haven’t fallen.
During the New Year, I didn’t make any earth-shattering big orders. I quickly entered and exited to arbitrage and recognized losses. I didn’t make too much money.
I felt mysteriously that the 🐻 market is coming. The big bull market that has been going on for a year from the beginning of 23 to the end of the year is about to come.
The previous post said that U-standard cannot be shorted and coin-standard cannot be longed, which is still mixed with prejudice. Considering the extreme situation of large unilateral, rolling long and rolling short, U-standard rolling short and coin-standard rolling long are all speculative tools with greater risks and greater profits. U-standard long and coin-standard short are relatively safe and profitable speculative tools.
Coincidentally, the recent new coins anime, trump, and bio are very suitable for rolling short. So, if the 🐻 market can go on normally, we will observe whether there are new coins that are suitable for U-standard rolling short selling. If we can make one, we may be free.