知止不殆

#ALPHA #刷交易量

BSC transaction volume, the network fee for 100u is 0.42u (Figure 1), and the wear cost for a single transaction is at least 1u, while the network cost for the Solana chain is only 0.01u (Figure 2).

What many people don't know is that the wear cost can be reduced to the level of 0.1u, just by learning to set the slippage (Figure 3). By setting a slippage of 0.2 for each transaction, the result is shown in Figure 4, where a transaction volume of 1000u only requires a cost of 1u.

#币安Alpha积分

20250427-alpha points not sure how to earn? Understand the rules, and I'll teach you how to easily reach the 45 points!

Recently, there have been many new activities on Binance. For the new activity on April 28th, do you have enough points? You should know that the profits from the recent new activities are substantial; missing one could mean a loss of several hundred USDT.

Therefore, it is necessary to adapt to the new rules. Are you ready?

First, where can you check alpha points?

On the exchange homepage, click the top left corner to enter the menu interface, scroll down to find the "News" channel, and the alpha points query is there (Image 1).

I usually add it to my shortcut bar, so I can check it directly from the homepage without having to search.

Second, when are alpha points updated?

The update time is UTC 6:00 AM, which is 2:00 PM Beijing time.

Third, how to earn alpha points?

According to (Image 2), there are two types:

One is asset points. If your account has more than 10,000 USDT in assets every day within 15 days, you can earn 3 points daily, reaching the 45-point threshold for new activities;

The other is trading points, whose rules are not clearly stated. I later understood that it depends on your "total trading volume" for the day, which determines how many corresponding points you can earn. For instance, trading 2 USDT earns 1 point, while trading 200 USDT earns 7 points.

Fourth, alpha trading tips?

First, both the exchange and wallet can conduct alpha trading (Image 3).

Secondly, sort by trading volume, and choose coins with high liquidity. Low liquidity coins can easily incur losses. For example, if you invest 100 USDT, you may end up with only 98 USDT after one buy and sell.

Finally, look at the intraday chart, choose coins with an upward trend, and when you enter the exchange page, input the amount and refresh several times. Place your order when the exchange quantity is at its highest. My operation resulted in a friction cost of less than 0.5 USDT for 100 USDT.

Thoughts after reading "The Way of Heaven" 2

The tragedy of the Wangmiao Village trio is not unique to them.

After being sued by Lesheng, the Wangmiao Village trio was worried that the company would fail after losing the lawsuit, and their previously invested capital would be lost, so they asked Ouyang Xue to withdraw their shares. Ouyang Xue was straightforward. Not only did she withdraw all the money, but she also returned a portion of the money to them.

As a result, a few days after the withdrawal of shares, the Earl Company sent a purchase letter, proposing to acquire Ge Lushi for 6.5 million, which was nearly 6 times the original registered capital. After winning the lawsuit, the company's valuation directly increased by hundreds and thousands of times. However, no matter how wonderful it is, it is destined to have nothing to do with the three brothers...

In the eyes of outsiders, these three people are lucky and their careers are about to take off. How can they be so confused? What is hindering their success?

Obviously, they are not an exception. Outsiders in the same situation do not necessarily do better than them, because they all have a common situation-can't afford to lose!

It is precisely because they cannot afford to lose that they become anxious at the slightest sign of trouble, which leads to distorted actions! If they did not invest all their assets, but invested 1/2 or 1/4, would they still be anxious to withdraw their investment?

The Bible says: Whatever he has, give him double; whatever he does not have, even what he has will be taken away. Strong players are always on the field, while some people have to leave after playing a few games.

Yesterday I read the book 'The Way of Heaven' all in one go, finishing the second half in one breath, and I still have lingering thoughts. Let me share a few reflections:

1. Before Rui Xiaodan caught four fugitives, she called Ding Yuanying. Ding remained silent and did not stop Rui, which resulted in Rui being seriously injured by the criminals and eventually committing suicide. After the incident, when they were sending Rui off, her father stopped Ding from visiting. He believed that Ding's failure to intervene led to his daughter's misfortune.

Upon reading this, I couldn't help but sigh. This old man really doesn't understand his daughter, while Ding understands her too well, including this silence. Why did Ding choose to remain silent at that moment? It was because Rui Xiaodan is the kind of person who throws herself wholeheartedly into whatever she wants to do. His silence was an unwillingness to let her take risks, but he knew he couldn't stop her, so he could only remain silent.

Rui's father clearly doesn't grasp this principle. He always wants to change the fate of others, and even in acting, he is very deliberate. Rui Xiaodan once mentioned him while discussing the script of 'Daughters of Heaven'. Speaking of this, I fell silent too; there are traces of Rui's father everywhere in life, including in my elders, friends, and colleagues. 😭

2. Lin Yufeng, the CEO of Le Sheng, is actually a predetermined dead man. Suddenly, I was reminded of the Jinghe Dragon King from 'Journey to the West', whose character flaws are so prominent that he can easily be set up and eliminated, becoming someone else's pawn.

Let's talk about his character flaws. First, he is impatient; second, he rushes to make decisions without understanding the whole picture; and finally, he goes all in... staking everything he has at the drop of a hat. Isn't he like the Jinghe Dragon King, who bet his career against a mortal? Yes, it's too much alike. 😂

3. Liu Bing, due to the previous withdrawal incident, has gone from being an elder in the company to a marginal figure. By the way, in the end, Ding Yuanying gave him an envelope, telling him that if Xiao Yawen forced him out, he should take out the envelope, which contained documents that could bankrupt the company.

If it were me, no matter what, I would never take that envelope. But Liu Bing not only took it but also used it to threaten Ouyang Xue (the major shareholder of the company), wanting 20% of the company’s shares. Can you outplay Ding Yuanying with this?

It seems there are quite a few people like this in reality. They show off their skills in front of Guan Gong, full of tricks but full of loopholes. Originally, if they just grounded themselves, with a noble person helping them, life would go smoothly, yet they enjoy playing games.

This morning I read 'The Biography of Zeng Guofan' and came across the twelve rules Zeng Guofan set for himself. Suddenly, it struck me that with a slight modification, they could become the 'Trader's Code', right? Indeed, the principles of the world are interconnected; the way of the sage is the path to becoming a trading god 😂

Let's take a look at these twelve rules for being (trading):
1. Respect. Fear the market, be cautious at all times
2. Sit quietly. Meditate for an hour each day to strengthen focus
3. Wake up early. Formulate today's trading strategy
4. Read books without bias.
5. Study history. Review the entire market
6. Speak cautiously. Wait for trading opportunities, do not trade casually
7. Cultivate energy.
8. Protect oneself. Moderation in work, desires, and diet
9. Daily awareness of losses. Review operations daily and record insights
10. Monthly reflection on capabilities. Conduct a major review once a month
11. Write. Study trading rules
12. Do not go out at night. Avoid going out late at night

#菩萨畏因凡人畏果

The first layer of meaning of this sentence is that ordinary people are afraid only when they see the consequences, while wise and intelligent people see the causes that lead to these consequences.

This morning, I suddenly thought of the second layer of meaning of this sentence. Many people think they understand, but they only reach the first layer of meaning and remain at the level of 'knowing,' while the second layer of meaning is 'acting.' In life, one must constantly pay attention to the causes of these consequences and try to avoid them, rather than holding onto a sense of luck.

Here are some examples:
1. In investing, many people use incorrect methods to gain profits, not realizing that this is precisely the reason for their huge losses or even bankruptcy in the future.
2. In work, some people are careless and perfunctory, leading to a natural outcome of graduating at 35.
3. In life, many people focus solely on their own emotions, treating their loved ones as emotional trash cans, resulting in family members blaming each other and chaos.

There are countless such examples. Do not think that low-probability events will not happen; no matter how small the probability, as long as the number of occurrences is high enough, it becomes a 100% certainty.

I stop at a red light not just because of traffic rules, but because I know that if I develop the habit of running red lights, I will 100% end up in an orthopedic ward, fully responsible for the costs!

The top mindset of top trading masters, how many do you agree with?

Jesse Livermore: The market is always right, only opinions can be wrong.
In addition, he has two other views:
First, be bullish in a bull market and bearish in a bear market.
Second, making big money relies on patience, not thinking.

George Soros: It doesn't matter whether predictions are right or wrong; what matters is minimizing potential losses.

Paul Tudor Jones (King of Macro Hedge Funds): The market rewards risk controllers, not adventurers.

Ed Seykota (Father of Systematic Trading): Trading success = 20% method + 80% psychological control.
He said in 'Market Wizards': My trading system is like a compass; it doesn't tell me where the destination is, but it ensures I am always headed in the right direction.

Richard Dennis (Founder of the Turtle Trading Rules): You can teach someone the rules of trading in 20 seconds, but it takes 20 years to get them to follow those rules.

Mark Douglas (Master of Trading Psychology): Losing traders always want to control the market, while winners focus on controlling themselves.

Reprinted from 'Lao Le Wei Wei'

In 2005, the young trader faced a margin call, lost the contract, and narrowly escaped disaster!

A couple of days ago, I saw a post about a young person from 2005 who lost 2000 yuan in the cryptocurrency market, filled with regret. 1000 yuan was the pocket money he saved for a long time, and the other 1000 yuan was what his mom could not refuse to give him. However, aside from initially making 200 yuan, which misled him into thinking he had trading talent, he continued to incur losses until he was liquidated, his mindset shattered; he really wanted to just run away!!!

Although my investment account fluctuates daily, often by five or six figures, 2000 yuan doesn't even reach the minimum fluctuation value. But I can understand him well because I've also had experiences of losing so much that I felt like jumping off a building, and not just once. He was not good at managing positions and risk, ultimately leading to liquidation, which means everything went to zero, and there was no hope for recovery. This is likely a nightmare for all investors.

However, in a certain sense, he was lucky; although he would be sad for a while, he escaped a disaster. Life like Liang Xi’s, achieving fame at a young age and repeatedly falling from heaven to hell, is the real nightmare.

As the old saying goes: 'When heaven wants to grant its blessings, it must first open up its wisdom.' Those who seek windfall fortunes are most likely to suffer backlash; without the test of worldly affairs, the vast majority of people cannot master windfall luck, and the final outcome is often tragic.

Sometimes, the world is very fair; certain things you desire will inevitably require you to exchange them for your most precious items.

Otherwise, why would this saying also be widely spread: 'The gifts bestowed by fate are all secretly marked with a price.'

I never envy those who become wealthy overnight because I do not want to bear the price of sudden wealth. I also do not consider those who are liquidated to be pitiful; it is heaven's warning to them, prompting them to reassess what their most precious things are.

#币安上线一键查询空投功能了吗

It is said that competitors are developing this feature...

How does everyone ensure that they don't miss out on airdrop projects?

I have this worry; there are more airdrop projects than hairs on a cow, and each airdrop participation platform, expiration time, and claiming method is different. Once I participate in more than 5 projects, I’m completely overwhelmed 😂

However, I have staked quite a few coins in some projects, you know? If I forget, it won’t be cheap for those cunning project teams, like RED and the like. It’s not even worth feeding pigs or dogs 🤪

So, I developed version 1.0 of the statistics sheet (Figure 1), with the following features:

1. Airdrop projects are categorized by expiration month, with separate statistics for each month, so each month you only need to focus on the airdrops expiring that month (Figure 2)

2. Automatic sorting feature, sorting by expiration date from nearest to farthest, with one day before expiration marked in green and on the expiration day marked in red, making it easier for everyone to remember to claim the airdrop (Figure 3)

3. Whether daily operations are needed, as some airdrops require daily logins for lotteries, those that require operation are marked in green (Figure 4)

I’ve put the link here. Brothers who need it can take it, and I hope you can give me some suggestions to improve the shortcomings of version 1.0. Additionally, I plan to develop a version 2.0, which will not only improve on version 1.0 but also support multi-wallet statistics, taking the airdrop endeavor to the next level 😘😘😘

Link: https://scn87q9u1b3x.feishu.cn/wiki/LryfwPPIZiAxjJk6wQoc21f0nX4?from=from_copylink

#你知道手续费有多恐怖吗

You don't know until you look, and once you study it, you get shocked. The trading fees for contracts are terrifying, as high as 1% of the margin for each buy and sell!

What does that mean? Just the 'trading fees' every month can eat up your principal, and after a year, the trading fees are equivalent to ten times your principal. No wonder nine out of ten gamblers lose.

How many people can consistently earn more than ten times a year? Only a few can do it, right?!!! And it's very likely that what they earn is even less than what the platform charges in fees 😂😂😂

🤪 Isn't it hard to believe?

This afternoon, I opened a 10x BTCUSDT contract with a margin of 46U, and the buy/sell fees deducted 0.46U (see images 1 and 2). My first reaction was that I had encountered a scam, right? Why is it so high!

Is the platform treating me like a 'cryptocurrency consumer'? 😂 I was so scared that I quickly asked customer service: Is there a system bug?

Customer service replied quickly, gave me a calculation, and it turns out it was normal, all verifiable. Binance 'only' charges a 1% fee, which is a conscientious exchange 👍

Binance fee inquiry link: https://www.binance.com/zh-CN/fee/futureFee

Later, I did some in-depth research. Brothers, if you think the fees are high, you can switch to market trading (0.05% fee for both buying and selling) instead of limit trading (0.02% fee for both buying and selling), so the 10x contract would only charge a 0.4% fee.

If that still feels high, you can exchange USDT for USDC, and then the limit trading for contracts would have 0 fees (see image 3). Wow, changing trading methods changes the fees 👍

Of course, as long as you have more than 5 billion in funds, your trading fees for USDT contracts will be the same as for USDC trading.

Alright, I won't say more, if I keep talking, I won't have time to accumulate 5 billion in principal. 88 🤪

#币安合约交易 #改进建议

1. The contract leverage cannot be adjusted uniformly. Every time a new trading variety is introduced, it needs to be adjusted again. I thought it was just Binance that was this troublesome, but later I found that other exchanges are the same 😂. At the very least, there should be an additional button to adjust the leverage with one click.

2. Switching currencies by sliding left and right does not follow any order. I have no idea what order it is based on; it seems random yet not random. For example, with four coins A, B, C, and D, the switching could be ACDB 😂.

3. In the open and close position interface, the bottom K-line period indicator cannot be adjusted. If I want to see a 24-hour period, I have to slide left, I slide, I slide…

#老外人少是有原因的

The surface differences between Binance, OKX, and LBank: Binance and OKX support registration with mainland Chinese ID cards, while LBank supports global ID cards/passports, except for mainland IDs/passports 🤪

However, when I tried contract trading, I found that Binance and OKX have initial leverage of 2x and 3x respectively, while LBank directly starts at 50x, it's all about the thrill; if you win, you go to the club, if you lose, you go to the rooftop 😅

#事件合约倍投陷阱

Never do "doubling down". Believe me, no matter how high your returns, the final result will definitely be a total loss!!!

Making money is just part of the process; a total loss is the inevitable outcome. If your win rate is high enough, then use the "Kelly criterion" for betting, a strategy that maximizes the long-term growth rate of your capital in independent repeated bets with positive expected net returns.

Buffett once commented in a speech about Long-Term Capital Management (LTCM), which at the time was the largest hedge fund ever managed in history. Buffett said this company was a typical example of smart people doing foolish things. The reason LTCM went bust was that they increased their bets and leveraged their positions when deviations widened, market volatility increased, and losses escalated.

It's like someone betting with you: they put 1 bullet in a revolver with 1000 chambers, how much would you bet with them? You wouldn't bet anything!

Yet many gamblers are relentless, not realizing that whether it’s 1000 chambers or 10 million, as long as you play enough times, getting shot by yourself is a certainty, especially since many bets are determined by the house 🤪🤪🤪

#币安 #空投

The point I want to complain about the most: The network is too complicated. Simply depositing coins from the exchange to the wallet is not possible 😭😭😭. You need to deposit into the BNB Chain network and the opBNB network, depositing 10 USDT, 10 USDC, and an equivalent amount of BNB respectively. If you don't understand, you could spend an entire night and still not get a project done.

As for how to deposit?

It's recommended to first copy the wallet address. In the Binance wallet interface - Assets - Receive (Image 1) - receive tokens via wallet address, copy the address.

Then buy spot BNB and USDC coins on the trading platform, transfer - on-chain withdrawal (Image 2) - select the coins - transfer via blockchain, transferring BNB, USDC, and USDT to these two networks respectively. The BNB network is used for airdrop transfer verification, and the opBNB network is used for paying fees in mini-games within airdrops.

After completing the preparations, find the project in the wallet (Image 3). If you enter and see that it says 'run out' at the bottom, it means there are no more airdrops left, so don't waste your effort. You need to look for projects that still have airdrop balances.

What if there are some mini-games in the airdrop project that you don't know how to play?

Mini-games have tutorials. In the middle small text on the task interface (Image 4), click in first, take a screenshot of the tutorial and save it, so you don't have to log in and out while playing the game, wasting a lot of loading time.

Finally, I wish everyone good health and congratulations on your wealth!

#泽连斯基

I just watched a video from a Bilibili UP master: I feel that Koizumi is still too inexperienced and doesn't understand how to play political games 🤪

Trump wants something, agree to everything, play the obedient role, then privately approach the big goose to reaffirm what was promised before, after all, I’m just a piece of meat, can’t avoid being eaten, and can’t choose who gets to eat me, it’s all about playing the tiger and swallowing the wolf, one woman two marriages 😂

If the eagle and the goose end up fighting because of this, then I will have strategic space, with more negotiation conditions. On the contrary, the next government can just tear up the treaty again, doesn’t the big beautiful country do this often? How many of old Biden's policies and agreements are still intact? 😂 Unless you support my Koizumi for re-election success 🤪🤪🤪

#跟单就是巨大的坑等着你去跳

Recently, Binance has launched copy trading and even held competition events, making it look so easy to make money by following star traders.

However, in my opinion, copy trading is a huge pit; it's a foolish act of trading your watermelon for someone else's sesame. Do you think the star traders earn from your 10% commission?

Wrong! What they value is having support when going long, someone to take over their unrealized gains, and having someone to back them during withdrawal, which is why their profit curves look so beautiful.

And you? The timing of your entry is crucial; unless you entered while the market was rising, you are just waiting and cutting losses. This is still considered good; the biggest risk is the risk of human nature. Earning a profit of 10%, how can that compare to harvesting a 100% profit? There is so much room for manipulation in this!

#分享合约操作思路

A couple of days ago, Binance had an airdrop, locking BNB, and you can earn RED coin airdrops every hour.

As the locking period is about to end, when BNB unlocks and is exchanged for USDT, there is a high probability that BNB will experience a drop. So, what would happen if you got in early?

Additionally, the drop in Bitcoin and Ethereum has caused the entire cryptocurrency market to decline, creating an excellent shorting opportunity.