猪鼻猫猫

Reflections on a Loss of 1000U on June 15, 2025
I opened a narrow range zjk-koge LP with 1600U, starting out only daring to hold for six hours, to eventually holding for almost the entire time, thinking stability was the norm. When I saw a daily profit of 10U, I began to fantasize about making 300U in a month. From initially thinking 'I'm just making a little transaction fee' to 'I'm making a month's salary', it's fair to say that greed blinded my eyes.
Yesterday, the koge officials said that the lack of locking could lead to a market crash, and zjk and kogez began to show some unstable signs. Today, users on Binance may consider downgrading due to the decline in alpha returns, which would reduce the demand for wash trading, leading to withdrawing liquidity → panic withdrawals + sell-offs, directly causing a chain decline. My assets went from 1644 (morning) → 1630 (afternoon) → 1610 (the beginning of a 1% drop) → 1300 → 1000 → 650. With every drop, I thought about waiting for a bit of recovery before leaving, but eventually, the pain became too much, and I thought about cutting my losses, ending up losing 1000U. This process felt like gambling on contracts, but I couldn't set a stop loss, and I didn't anticipate this situation; I also didn't set a psychological stop loss in advance.
Now I've almost lost more than half of my alpha returns, once again seeing my greed and feeling my ignorance. It made me, a 30-year-old uncle with a salary of 3000, no house, no car, and no friends, hiding in a small county town, feel like a failure in life. At that moment, I truly wished for a meteor to come and end everything quickly and painlessly.
The loss made me want to distance myself from the Binance software, but the points won't add themselves, and taking a day off from trading is equivalent to resetting the previous days to zero. I still have three accounts left to trade. Without those two, I wouldn't know what to trade; other coins seem so volatile compared to kogezjk. I decided to just sleep it off and see the situation in the morning.
Fortunately, I slept well, and when I woke up, it was a new day. The pain from yesterday had indeed vanished. I must continue.
Before 8 o'clock, I only have time to trade three times for 12 minutes, and I still have to rush to work.
I've taken a step back from getting rich; I really need to be more stable. I've learned my lesson!

During times of tension in Sino-American trade relations, global markets are prone to enter a risk-averse sentiment, with gold and Bitcoin often viewed as safe-haven assets, thus their prices may sometimes rise. For example, if the dollar depreciates, investors will turn to cryptocurrency assets for preservation of value. The U.S. interest rate policy, expectations of interest rate hikes, and adjustments in monetary policy can also indirectly affect cryptocurrency prices. Additionally, the regulatory dynamics of the U.S. regarding the cryptocurrency industry often stir market nerves. Understanding macroeconomic policies and Sino-American relations can provide a more comprehensive judgment on the overall direction of the cryptocurrency market, rather than just looking at charts to trade.

The K-line chart is the most fundamental and important tool in technical analysis. Each K-line contains information about the opening price, closing price, highest price, and lowest price. Common patterns such as 'bullish candle', 'bearish candle', 'hammer', 'engulfing', etc., can reflect the changes in buying and selling power. For example, a long lower shadow often indicates that funds are buying at the bottom, while a long upper shadow may suggest increased selling pressure. Combinations of multiple K-lines also have specific meanings, such as 'morning star', 'evening star', etc. It is recommended that beginners observe in conjunction with actual market conditions and trading volume to improve their judgment.

Newcomers in the trading process are prone to making some mistakes, such as chasing prices during market rises and ending up with losses; or panicking and cutting losses during declines, leading to further losses. Many people also fail to set stop-loss and take-profit orders, making them vulnerable to significant losses during large price fluctuations. Frequent trading can accumulate substantial transaction fees, which can adversely affect long-term returns. Additionally, many people fall victim to scams in airdrop and agency investment projects due to not verifying the authenticity of the information. Maintaining rationality, setting stop-losses, controlling position sizes, and independent thinking are key to avoiding losses.

The trading fees of exchange #交易手续费揭秘 mainly include maker fees (Maker) and taker fees (Taker), generally around 0.1%, with slight variations between different exchanges. Some platforms support using platform coins to offset fees, such as Binance using BNB, which can reduce fees by up to 25%. In addition, withdrawing funds will also incur on-chain fees, especially for main chains like ETH, which are relatively expensive. Frequent trading can significantly increase fee expenditures, so it is recommended to assess trading strategies and frequency, and to use limit orders appropriately to reduce costs.

The security of cryptocurrency trading is very important. Once stolen, it is often impossible to recover. It is recommended to enable two-factor authentication (2FA) and use email login verification codes to prevent account theft. Do not trust links or airdrop information from strangers, as many are phishing scams. Mnemonic phrases should be stored offline; do not take screenshots or upload them to the cloud. Avoid logging into exchange accounts on public WiFi or other people's devices. Furthermore, it is advisable to transfer large assets into cold wallets or hardware wallets for long-term storage to reduce risks.

The trading pair #交易对 refers to the exchange relationship between currencies, such as BTC/USDT indicating the purchase of BTC with USDT. Common trading pairs include BTC/USDT, ETH/USDT, BNB/USDT, etc. These pairs typically have high liquidity, low slippage, and quick transactions, making them suitable for beginners. There are also some smaller currency trading pairs like DOGE/USDT and PEPE/USDT, which, while highly volatile, come with high risks. When choosing a trading pair, one should pay attention to factors such as liquidity, trading volume, and platform support to ensure a good trading experience and safety.

The complete trading process starts with registering an account. First, complete real-name verification (KYC) on a legitimate exchange, then deposit assets, commonly using USDT. Next, browse the market page to select a trading pair, place an order (limit order or market order), and after the transaction is completed, you can choose to continue holding or withdraw to a cold wallet. During the trading process, be mindful of fund security, such as using two-factor authentication and avoiding clicking on unfamiliar links. Beginners are advised to practice with a demo account first, then proceed with small amounts in a real account. Every step should be clear and precise to avoid losses due to operational errors.

The order type of #订单类型解析 is an important foundation in trading strategies. Limit orders allow users to buy and sell at a set price, suitable for investors seeking better prices; market orders execute immediately at the current best market price, suitable for traders pursuing speed; stop-loss orders can automatically sell or buy when the market reverses, protecting the principal from significant losses. There are also combination orders such as trailing stop loss and OCO available for use. Understanding various order types can help you make more rational decisions during significant volatility, improving your trading success rate and risk control capabilities.

Centralized exchanges (CEX) such as Binance and OKX provide a user-friendly interface, a stable matching system, and high liquidity, making them suitable for beginners. Decentralized exchanges (DEX) like Uniswap and PancakeSwap do not require account registration, allowing users to manage their own assets, which is safer but has a less friendly interface and higher slippage. CEXs are more susceptible to policy regulation, while DEXs are suitable for users with higher privacy needs. It is recommended that beginners start with centralized exchanges to familiarize themselves, and once comfortable, they can try using DEXs to enhance asset security and independence.

Common types of transactions in blockchain transactions include limit orders, market orders, stop-loss orders, and trailing stop-loss orders. Limit orders are suitable for those who want to buy or sell at a specific price; market orders are suitable for those who prioritize the speed of execution, which carries slightly higher risk; stop-loss orders are a good tool for controlling losses. Trailing stop-loss is suitable for locking in profits during an uptrend. Beginners are advised to start with limit orders, which are relatively safe and can help in better understanding market conditions. Different transaction types are suitable for different strategies, and understanding their mechanisms is the first step to entering trading.

#我的web3年龄 😂 I am right, I am the type of player who realizes things later

Finished chasing too much, lost 2 knives at 2705 🔪$ETH

Alpha order monthly earnings 589U！

Just discovered that the Alpha trading volume page has updated with a major feature! You can now clearly see the details of each profit and loss (including fees). In a real test, the single transaction fee loss for a 15-minute interval was only 3.7U, combined with the reward mechanism, it’s simply great~ As shown in the image below:

Earnings calculation (single account):
✅ Average monthly receipt of 7 Alpha rewards × 100U = 700U
✅ Fee cost 3.7U × 30 times = 111U
✅ Net earnings ≈ 589U (approximately 4200 RMB)

💡 Advanced Play:
If operating 3 accounts, the theoretical monthly earnings can reach:
589U × 3 = 1767U (≈ 1.26W RMB)

⚠️ Important Notice:
1. Market fluctuations may cause slippage losses
2. Reward rules may be dynamically adjusted
3. For multiple accounts, please comply with the platform's risk control rules

#币安生态 #币安Alpha上新

Ignorance is the source of fear, greed is the source of mistakes, afraid to enter when it falls, chasing fiercely when it rises, if you don't have knowledge of technical analysis, then don't touch contracts! #加密市场回调 #比特币突破11万美元

#币安Alpha上新 A big ❓ on a small head

Why did you send me a 15 knife duck, does anyone understand? 😃$BTC #币安HODLer空投NXPC

#交易故事 $BTC
Eth really ➗, emptiness is death
Recognize yourself, don’t imagine
Do not lightly mistreat or look down upon things and people you do not understand

One can only enter the market at the very bottom; patience is needed to make big money

Fish head is really unpalatable, don’t lose all your gains for a mere 5%

It doesn’t matter if you don’t know the path to success; the wrong paths you’ve taken in the past are just fine. The paths to success are varied, while the wrong paths often have surprising similarities.

If the experience of holding an order after placing it is poor and you can’t manage it, then it’s time to reflect on the reasons (too large a position, poor location, casually opening positions without treating chips seriously)

Learning to trade is not about finding opportunities, but about filtering for good, certain opportunities.