LIT will launch contracts tonight at 11 o'clock, with a current quote of 0.592U per piece. It is a trading platform focused on perpetual contracts. Lighter is built on Ethereum and uses zero-knowledge aggregation technology, aiming to minimize latency and provide instant final confirmation, with a maximum circulation of 10,000,000,000 pieces. According to the survey, for the Chinese market, can Chinese people not cut each other? It is recommended to maintain a wait-and-see attitude; if you don't understand, don't act and sleep peacefully! $LIT $LIT
🎅 The Christmas ceremony of me and @CZ celebrating Christmas!
The Newbie Academy quietly changed the Christmas avatar frame for @CZ cousin, use a Christmas hat or avatar frame, and add some Binance / Academy elements to showcase your Christmas LOOK!🎄
📌 How to participate:
👉 Change to 【Binance/Academy element creative avatar】 or 【Newbie Academy Christmas avatar frame】
👉 Forward + @three friends
👉 In the comment area, type out 【🎄】+ tag #与新手学堂一起过圣诞
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🎁 Event rewards:
👉 Binance limited merchandise * 2 pieces
👉 10 USDT × 10 people
🎉: Creative avatar frames have a chance to receive limited merchandise!
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The Newbie Academy avatar frame has also been pinned in the comment area, feel free to take it
Let's decorate the comment area into a Christmas scene together ✨
Revisiting 'Reminiscences of a Stock Operator', Master’s Three Steps to Unlocking the Market!
I probably read Jesse Livermore's (Reminiscences of a Stock Operator) about 2 years ago, and many people only see it as a novel. I can only admit that at that time I probably didn't fully understand it, and maybe I still don't fully understand it today, but the feeling is completely different. At the same time, when I revisited this book, I could almost hear Livermore saying loudly through the paper and pen, 'The teacher is asking, are you listening?' I want to tell the master, 'Sorry, I was listening, but I didn't understand.' That's true, after all, this book has been printed in English for 98 years now, almost a hundred years, just like Thomas F. Woodlock said: 'The fundamental principle of successful speculation is that people will make the same mistakes in the future as they did in the past.'
Creator Rights Upgrade Announcement | Fans surpassing a thousand, unlocking more privileges!
Dear Binance Square creators: To thank everyone for their continued creativity and support, Binance Square is now officially opening the following creator rights 👇 🌟 Fans reached 1,000
You can automatically unlock the following functions: Live streaming permission — Interact with fans in real-time, showcase your expertise and opinions Tip function — Receive tips from fans, making creation more motivating
Q&A red envelope — Fun interaction, enhance content popularity
🌟 Fans reached 30,000
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From the candlestick chart, it seems that there should be another wave to explode some short positions, followed by a waterfall washout. The fluctuations in the altcoin market have been very large these past two days, so it is advisable to trade with a light position and not to go all in! $BEAT
Maximum supply of 420 million, currently circulating at 43.05 million, isn't this a famous brand from the dog dealer? The higher the dog dealer pushes, the more people want to short, the dog dealer continues to push higher, reaching the top of the contract rankings, attracting funds in, a double kill for both long and short positions, anyway, the big position is with me, pull as much as you want, blow as much as you want, it’s all up to the dog dealer, and by the way, eat a bit of the short side's fees, a clever move that kills three birds with one stone!$LIGHT
After trading cryptocurrencies, you will find that: Those who bought houses before played on a much larger scale: a 20% down payment with interest equals 8 times leverage, plus a school district house is equivalent to pre-market positive news, a 12% drop is equivalent to reaching the liquidation line, paying the mortgage every month is equivalent to adding to the position, and overdue foreclosure is equivalent to liquidation.
The funding rate has reached -2%, and currently, the bulls are still very strong with no short selling signs. In short, it is not recommended for everyone to go long or short; it's fine to play around, but preserving the principal is the most important! $LIGHT
CZ, after purchasing Aster at a loss, has fallen into a trapped market. It is said that they have now started delivering food to lower the average cost! @CZ @Yi He $ASTER
Contract trading is not gambling; it should be the planned execution of established strategies, a process of patient management. Only by managing trading with the same patience as life can a trickle of water gather into the wealth of an ocean. #美股2026预测
Patiently wait for low-risk opportunities. If you want to participate in every opportunity, the result is likely to be wasting all the opportunities. #BinanceABCs
Banmu Xia, a senior trader in the cryptocurrency circle, is referred to as a 'veteran', yet is not old. Known for his skills in contract trading, he is also called the 'God of Contracts' and is respected in the community as a 'demigod'.
At the end of 2017, while still a graduate student, Banmu Xia entered the cryptocurrency contract market. Initially, like most novices, he was accustomed to high-leverage betting, and experiencing liquidation was a common occurrence, even borrowing money at times. At that time, his principal was about 20,000, and during good market conditions, he could make 20,000 to 30,000 in a single day. However, due to his habit of 'regular withdrawals', he ended up with a slight profit of around 10,000 when he finally exited. This experience deeply made him aware of the hard rule that 'high-leverage betting must end in zero' and he thoroughly understood the importance of not engaging in high-leverage betting.
In September 2018, Banmu Xia re-entered the market with a principal of 50,000 and at one point made up to 300,000. At this point, he seemed to have grasped the nuances of trading and even created a fan group to guide others in trading for free. However, 'Heaven will confer great responsibilities on this person; it must first torment his will.' Just as he was preparing to make great strides, he faced a liquidation overnight due to full-margin trading, resulting in his account being wiped out. After this setback, he paused trading to focus on writing his master's thesis. This experience made him realize that although full-margin trading could bring high returns, it was fraught with the risk of total loss. Thereafter, he switched to a partial-margin model, ensuring that in extreme market conditions, he only lost the margin for the position, protecting his other funds.
In March 2019, Banmu Xia made a 'comeback' with a principal of 15,000 RMB and resumed trading. During this phase, he continued to share his life and trading activities on Weibo and even disclosed his actual trading results. He strictly controlled his leverage, not exceeding 5 times at most, and most of the time only used 2-3 times, ultimately achieving a return of 440 times, elevating his wealth to A9 level, and the name 'demigod' began to spread in the community.
In 2024, after careful consideration, Banmu Xia made an important decision — to exit the cryptocurrency circle. At this point, his wealth had reached A10 level, and trading had lost its allure for him; what he wanted more was to let go of trading, relax, and truly experience life. #美国非农数据超预期
The decline is imminent; any shoddy project is just a cash-out opportunity for me. Last year, the booming metaverse and inscription tracks are now nothing but a mess. When trading, I need to understand where my margin for error and ecological niche are, and then persist. Don't be fickle; stick to one method each day! $RAVE
Do it right and hold on for a long time, do it wrong and cut quickly. Always go with the flow, never go against it. We all understand the reasoning, but why can't we hold on? Unable to cut losses because of the lurking mentality of luck, how to break it? ——Preserve heavenly principles, extinguish human desires!
Engage in trading, but don't turn yourself into an information station. More information is not always better; often, it just creates distractions.
With too much noise, judgments can waver, easily concocting reasons for temporary fluctuations and seeking inevitability in random outcomes.
The key to profitability has never been about the breadth of information, but rather the sharpness of thought—being able to filter out all the invalid data like a sieve, leaving only the simplest and most essential rule. #加密市场反弹