I commented, 'If you're so awesome, why didn't you buy later?' This guy blocked me immediately; he can't handle criticism. I really admire classmate Zhu Yidan, standing at attention when getting hit. It's impossible for a person to always beat the market; what's important is to summarize mistakes, rather than downplaying them and showing off what's right.
The altcoin market in the nearest exchange has become a bit quiet recently. However, I made a small profit on the Sui chain recently. I bought some of a DEX coin called Blue at 0.22, and it peaked at over 0.8 this week, it felt like a dream. Now it's corrected to around 0.5. If Sui develops to be on par with Solana, then the total market cap should be benchmarked against JUP, and the price should be around 10u. There is still 20 times the space available, so those interested can invest a little. This is just personal advice and for reference only. $SUI
sui-blue liquidity mining, annual interest rate 2500%, on the sui chain's bluefin, I can't believe I encountered it, it's a pity it's a dual-token win type, I don't dare to invest too much money
How to take advantage of sharp declines and spikes to achieve excess returns? To gain something, one must lose something. If you want to utilize spikes, you need to maintain an appropriate short position.
The previous section has analyzed; When the price is at recent highs, leverage should not exceed 1.25x. This way, when the price reaches the lowest point (-80%), it can just avoid liquidation. However, if this is the case, there will be no room for bottom fishing. If you hope to bottom fish for higher Alpha, you need to reduce leverage at high levels and increase leverage when bottom fishing.
Short position ≠ letting money sit idle: When prices are high, the market borrowing rate is also very high (25%±). The simplest method is to put it into U financial products to earn reward annualized returns (35%±). Currently, the reward annualized return on Binance is 1000 U per account, and one person can manage at least 3 accounts. Binance internal transfers are free, so that totals 3000 U. This is just Binance; with a little learning, there are also CEXs with USDe reward annualized returns (50%). These amounts are completely sufficient for small investors under 100,000 U. There is also on-chain staking, which I won't mention here as it requires a lot of time to find, and is not recommended for small investors.
Summary: Leverage bottom fishing during sharp declines Utilize low-interest U and negative interest contracts Reduce leverage and maintain part of a short position at high levels, While simultaneously obtaining ultra-high guaranteed annualized returns.
I have been hanging several hundred orders for years; if there's a spike, I will definitely catch it, and after catching it, I will place a sell order and never use market orders.
Current personal practice of leverage ratios compared to recent high points: 100% 0.7x 70% 1.0x 50% 1.5x 20% 2.0x
Note: When using leverage, be sure to first ensure sufficient margin (configured at 1.25x), and then engage in annualized returns. Don’t lose sight of the main goal; the margin base can be exchanged for BFUSD to automatically cover the funding fees.
When inserting needles, I always think of cutting meat. It seems that others are afraid, and I am even more afraid. At this time, I always ask myself a question:
Has the bull market ended?
I don't think so, for very simple reasons: 1. Altcoins have not broken through the previous highs / are not close to the previous highs 2. The buying power of Bitcoin in the market is still very strong 3. The US dollar's rate-cutting cycle has just begun
If the bull market has not ended: Then the only thing to really guard against is liquidation. In 2020-312, it fell 70%. In 2021-519, it fell 55%. So, the leverage that can be tolerated without setting a stop-loss is around 1.25x, much lower than most people think. You might think 2x is already very low, but in reality, 2x is also an unbearable leverage.
The dealer will only take cash and can withstand 100% volatility. The only thing the dealer needs to guard against is that other dealers pick up low-priced chips. So, the plunge probably won't exceed 75%
Control your hands Don't use high leverage High-leverage speculation must have stop-loss Don't pick up coins in front of a train $SOL $ALT $NEIRO
This bull market is particularly exciting. It is no longer the bull market I am familiar with.
Recently, because of airdrops, I often dive into other communities. The more places you visit, the more you will understand that the world has more than one center. The industry has developed to a flourishing level. Sui has die-hard fans in its own community, and Solana also has its own die-hard fans. They may never come to Ethereum, no matter how powerful Ethereum is. Just like the United States, it is an invincible existence in the world, but other countries also have citizens who love their country and will not hesitate to migrate just because you are rich enough.
Many projects are developing organically in this bull market. Solana makes me feel that Ethereum is no longer the only one; JUP makes me feel that Uniswap is no longer the only one; and the prosperity and development of the second-layer network makes me feel that the leader of Arb is no longer the only one. It doesn’t necessarily have to be taken. If it were my previous thinking, arb might already be in my possession now. But this time I gave up without hesitation.
Metamask was about to unify the market, but okx suddenly entered the game by borrowing Inscription; stark zksync and others were doing well, but suddenly blast came up to reward points; Ethereum was originally a dominant player, but Solana was reborn. . It can be said that the changes in this bull market are very, very, very fast. Many things that were sworn in a year ago and thought to be completely fine have had their fundamentals changed drastically a year later.
So if I want to give you one piece of advice during this bull market, it is to treat all projects with an open mind, and stop thinking that the few mainstream coins you have on hand are invincible and you are the only one. At the same time, the mainstream investment expectations that have been purchased must be lowered. This bull market is not so easy to grasp. In summary, it is better to work hard on tsp to form an independent consensus. After all, we have just entered the early stage of vigorous development and the future development trend will reach its peak. If we do it well, it will be your own bull market!