After "getting rich", don't deliberately change your lifestyle | There are too many pitfalls in the currency circle. If you don’t know enough and don’t think deeply enough, there are always pitfalls waiting in front of you. Whether it is Bitcoin OG ten years ago, the ICO trend five years ago, or the giant whale three years ago, it is possible. I know how to step on pitfalls. Before everyone gets rich, I will share with you the possible pitfalls and remind myself from time to time. 1. Never ALL IN the currency circle: Whether it is my business in web2 in the past three years or my experience in web3, this is really important. Keep at least 5% to 10% of the funds in the form of legal currency. Specifically, it can be insurance, currency Low-risk products such as funds and bank cards 2. Portfolio: When you think you have made enough money, you must take some of it and put it into your $BTC . The big pie will not give you 100 times more income than other copycats in the bull market, nor will it when it falls. Falling 90%, he is a kind of balance, pursuing balanced assets, not the highest risk, the three projects of unlimited leverage FTT, LUNA, and 3Arrow can be referred to 3. The stored digital currencies are dispersed enough: exchanges, cold wallets, decentralized wallets, etc. all need to be configured, so don’t be afraid of trouble. 4. Multi-chain storage: Don’t think that ETH’s mainnet fee is very expensive. There are usually various L2s, and they will scream when they may be attacked. 5. It’s not your private key, it’s not your currency. 6. Don’t show off deliberately. Point 5, even if you do it, you must hand over your private key in front of gangsters when your life is in danger. This has happened many times. 7. Based on the above, protect your privacy, mix up your social account nicknames, or simply reduce unnecessary social interactions 8. Storage wallets and interactive wallets are isolated from each other, with clear division of labor. Those that interact are not stored, and those that are stored are not interacted to avoid phishing attacks. 9. For emotional communities, stay calm, such as #luna , MEME coins, etc.
#Circle扩大IPO规模 #币安钱包TGE Binance's last TGE or Alpha airdrop, a project worth 50 million to 100 million USD, in comparison, Circle's IPO is close to 20 billion USD, one is worth 200 of those, the US stock market is the larger market
$ETH started buying long at 3500, continuously increased positions, held until now, finally closed at 1430, lost 5 ETH, these ETH were roughly exchanged by me using 0.2 BTC, lost a lot, might as well have just blown up at 3000, a painful lesson! #加密市场回调
I am probably one of the few who registered Binance in 2017 and is still active? Binance users with 7+ years come and take a look What coin did you trade in 2017? Does it still exist? #加密货币普及 $BNB
#加密货币普及 $BTC Living long is a skill; resilience must be proven over time. Existence itself is bound by the entropy of change and cycles. Buffett does not seek companies that change the world; he always looks for companies that will not be changed by the world. We often think about innovating to change the world, but when we gain experience, we realize that in this unpredictable era, maintaining our core advantages without being eliminated is already quite remarkable. When various new concepts dazzle us, the simple truths tested by time will become our ultimate consensus. Less is more, focus $BTC
$ETH to $BTC exchange rate, it is time to pull it up, at least the first stage target, the annual average line is 0.045, the second stage regression trend line high value interval is 0.052
It took two cycles to learn to stop profit and stop loss #MKR 1. Don't believe in the eternal bull market, which only rises but never falls. The trend of any asset must obey the mean reversion $BTC 2. Most assets will return to zero or lose liquidity 3. Look at the two crashes of the US stock market in 1890-1929. Morgan, the richest man at the time, could only save the United States once 4. Profits in stages, stop losses in time 5. The garbage altcoin will fall by 90%, then another 90%, or fall by 50%, then 50%, and then 50%
Let's talk about A-shares! Those who know will understand $BTC #LayerZero $BNB
There are so many fraudulent companies in A-shares, not because they indulge capitalists, but because in the process of fraud, the biggest benefits are left to local governments, taxes, employment, investment, and hidden interest chains. There are also many pseudo-capitalists who are actually leaders and their relatives.
Of Xu Jiayin's 2.4 trillion yuan debt, 30% has become land, which is the income of local governments. The income from land sales does not need to be turned over to the central government; 20% has become financing costs, and the destination is the financial system, mainly state-owned enterprises; 20% has become construction materials and engineering expenses, and most of them are state-owned enterprises; 20% has become management costs such as rent and personnel costs, bonuses and performance, and project costs, including huge advertising and public relations, especially government public relations; 10% has enriched itself, which is already the most optimistic estimate. So if you want to cut the A-shares, unless the royal family cuts it themselves.
Crypto Talk 02 | Review of 4 epic projects where I failed to invest
I registered on the trading platform in 2016. I actually started trading in May 2017 when I entered the market at a price of 15,000 US dollars due to the increase of $BTC . I was trapped all the way and made a profit in the last cycle. My feeling is that I can basically buy BTC ETH at any time. Earn back, and other things, starting from 2016, it will not be easy to survive a cycle. #EOS is probably one of the many projects that have been cut off. It is basically impossible to avoid this project in 2018. It received the highest financing of 4 billion U.S. dollars. Almost all exchanges are on this project. The node election is fierce. My holding cost is about 6 U.S. dollars. Finally, in At the end of last year, I left the market and wrote it down as a loss. My investment accounted for 5% of my overall proportion. #MOB had the aura of Signal potocol, 100 million potential users, Binance investment, and the support of many Silicon Valley tycoons. Finally, I left the market sadly, without a market maker, 5 USD average cost, $0.7 exit, written down as a loss of #LUNA Yes, I also participated in the epic DEFI project. My main investment continues to be based on Terror’s Mirror synthetic asset project in the ecosystem, because I want to invest in U.S. stocks indirectly. I bought a lot of MAssets. In the end, due to the explosion of Luna, all the related assets were reset to zero. The #poolin team is really a fraud. Out of trust in the currency seal of the world's largest Bitcoin mining pool, I mainly used the part for fixed investment. Funds, temporarily used for financial management, will all return to zero in the end. My biggest lesson is that for high-quality assets, I do not want any income and will not participate in various financial management. I only have the best financial management method, safety first.
The exchange rate of $ETH to $BTC has reached near the support trend line. You can go long at 0.054, and the first target is 0.06. You can continue to go long after the breakthrough. $BTC has broken through the previous high, and will gradually release funds to push other copycats closer to the previous high. Currently, it looks like #BNB #ETH will be the first to recover. We encourage everyone to use the spot grid layout to increase the value of their own currency and conduct low-risk arbitrage.
The band limit operation of $BNB and $ETH fell below the trend line. I exchanged ETH for BNB and took it at the same time. 1. Mining Launchpool 2. Financial management currency-based BNB income 3. Wait until the trend line is broken, sell half of it, 30% of the profit will be taken into the swing profit, and continue mining with the remaining half #AEVO #ETHFI
How do lazy people invest in copycats? Investing in a trading platform is a wise choice. Regardless of whether it is bullish or bearish, the platform that provides trading will have stable income, and the profits of the exchange will be reflected in the price. It is also one of the few scenarios that is truly implemented. The following categories are worthy of attention:
Among them, what I am most optimistic about is derivatives trading, not only the scale is ten times that of spot, but also the future trend.
Of course, #BNB has dual empowerment of CEFI and Defi, and is my most important target.
If you are not sure, just learn from Masayoshi Son’s memory and invest in one concept. If one of them comes out, you can win them all. Now look at Didi UBER GRAB, which is basically owned by SoftBank.
For the record, I have completed the configuration of the $#ATOM ecosystem and pledged everything to the Keplr wallet protocol. It is simple to do without FOMO. The demand for cross-chain is a rigid need, especially IBC can link to almost all chains, which is much better than ETH’s layer2.