That year I entered the cryptocurrency market with 50,000 yuan
I am 33 years old this year. In 2017, I entered the crypto world with a capital of 50,000 yuan, and that started my journey in the cryptocurrency space!
How I make money: 1. With a capital of 50,000, I did projects in college, affiliate marketing, shua orders, delivery, APP crowd-funding, and various small tasks, and accumulated 50,000. 2. When entering the cryptocurrency market, I think BTC is too expensive, so I have been playing with ETH, which has leverage, then onto altcoin spot trading. Choose your coins and manage your positions well. Just stick to this simple plan; if the market is bad, take a small loss, and when the market is good, make a big profit.
Here I share my cryptocurrency trading insights, learning it is already making a profit ❤️
Why do top traders love climbing mountains? My hobbies besides trading are climbing mountains. For me, trading is like climbing mountains, and climbing mountains is like trading. One benefit of climbing is that even after a loss, I still want to climb mountains to reflect on my trading logic; even after a gain, I want to climb mountains to marvel at how life is just like this. Why do traders like climbing mountains? Because the higher you climb, the further you can see. Climbing allows them to view the market from a higher perspective, breaking free from the fluctuations of the market and the turmoil within, while also releasing some negative emotions through exercise, alleviating stress. In fact, the market sometimes resembles a mountain, with its ups and downs. Some people fall into confusion and losses in trading because they cannot see the true face of the mountain; they are trapped within it. Once you reach the peak, you can see all the other mountains as small. Both trading and climbing mountains are processes of challenging and surpassing oneself. Through continuous practice and learning, we can gain more growth and progress. During the climbing process, you will encounter various challenges and difficulties, such as steep paths and tired bodies. However, when you stand at the top of the mountain, looking down at the scenery below, you will feel a sense of achievement and freedom that transcends yourself. This feeling is very similar to that of a trader achieving success in the market, where they also face fluctuating market conditions. At such times, traders need to possess patience, perseverance, and a calm mindset to overcome difficulties and challenges. My understanding of trading over the years has also been inspired and guided by climbing mountains; in both trading and climbing, I have found a way to balance and grow. #币圈 #合约交易 #BTC
One day in the crypto world is like ten years in reality Core Mechanisms of Contract Trading Contract Type Comparison Perpetual Contracts: No expiration date, anchored to spot prices through a funding rate mechanism, suitable for high-frequency traders34 Delivery Contracts: Fixed expiration date (e.g., end of the quarter), commonly used by miners for hedging, prone to significant price fluctuations before delivery1 U-based and Coin-based: USDT pricing offers more intuitive risk, while BTC as collateral has anti-inflation characteristics4 Leverage Operation Principles Leverage is essentially a capital amplifier (e.g., using 10x leverage to control a position of 100,000 with 10,000), but high leverage significantly reduces fault tolerance23 Calculation Formula: Margin = Position Value / (Leverage × Latest Price), maintenance margin rate typically needs to be above 0.5%4 #BTC #ETH $BTC $ETH
Is trading like a monk for ten years day in and day out what you want? You and I are just retail investors. Once we've earned enough, we should enjoy life instead of living like a monk day after day for a lifetime. Why? The capital is waiting for opportunities; with successful speculation, you can turn things around in just a few days, okay? #以太坊走势 $ETH
I thought that as the numbers on the exchange increased, the number of people who liked me would also increase. So I watched the candlestick charts at five o'clock in the morning every day, pouring all my energy into chasing trades. When I finally could easily buy the things I once hesitated to get, I found that those who approached me because of my 'excellence' always glanced at my watch before looking at my face. They would be happy about a piece of gourmet cuisine, but wouldn't be touched because I remembered she didn't like cilantro. They would accept expensive gifts but cherish more the patience of someone who chats with them at three in the morning. I began to understand that the relationships that can truly enter the heart are never paved by material wealth. The most ironic thing is that when I had enough financial capability to 'express love,' I forgot the most original form of love: a WeChat message reminding to 'remember to eat' when I was too absorbed in work, holding hands naturally while walking, and those few seconds of focus when she was speaking and I put down my phone. Money can buy flowers and applause, but it cannot buy the light left on for you when you come home late at night. #USDT $ETH
Must-read for Crypto Beginners 🔥 Newbies should definitely watch when trading contracts
Before answering this question, let me briefly explain what a contract is. A contract is exactly what its name suggests, a perpetual contract. In the current digital currency derivatives trading market, the perpetual contract is considered a relatively new type of contract. The meaning of a perpetual contract is that under the premise of not being liquidated, if you do not actively close the position, you can hold this contract permanently. So how much leverage is reasonable when operating? Yesterday someone asked me this question, so I’ll bring it up today.