老墨爱吃鱼

Do you know what the eight most ruthless and precious words in trading are? Better to miss out than to make a mistake. This is an iron rule that countless people have exchanged with real money. The market never lacks opportunities; what it lacks is your qualification to stay at the table for the long term. If you observe carefully, you will find that out of ten people, nine eventually fall, not because their skills are too poor, but because their discipline collapses—hesitating when it’s time to cut losses and running away after making a little profit, leading to losses far greater than profits. The surface win rate may seem high, but the profit and loss ratio of the account starkly reveals the truth of making small gains and large losses. Not to mention those who impulsively go all in, dreaming of a turnaround overnight, often find themselves leaving the market in droves within days. To be honest, is trading difficult? The market itself is not complicated; what is complicated is human nature. If you can overcome your human weaknesses—fear, greed, luck, and restlessness—and extend the time frame to six months or a year, you will find yourself in a position that most people cannot reach. Some people spend ten years honing a skill, some spend ten years running a business; similarly, some spend ten years stubbornly pursuing trading, and ten years later, their realms and results are worlds apart. Too many people are eager to turn things around, eager to get rich, as if life is over if they don’t get rich tomorrow. But the old saying is profound: ten years for a fortune, what truly matters is never the initial enthusiasm at the starting line. Rather, it is the confidence and strength to reach the finish line. It's like a relationship; dining, watching movies, and walking during dates are all good, but what often touches people the most is that last phrase when parting, 'Be safe and let me know when you get home.' The last sentence can define the temperature of the entire process, and trading is exactly the same. If you have won 10 trades in a row, but then lose everything on the last one, your mindset will collapse instantly. However, if you have experienced losses earlier but manage to recover with a few successful trades at the end, you can peacefully turn off your computer and sleep. What people can remember is always the feeling of the last moment; this is the recency effect. Life is like this, and trading is even more so. True masters never rely on luck; they rely on one complete trading cycle after another. They slowly refine themselves over time. Please remember, in this protracted battle, what is contested is never who runs the fastest but who can live the longest and survive until the end.

Hot topics
1. Stable KYC certification just ended yesterday, announcement made, mainnet launch coming soon.
2. ZK nation has started public IC0, this project currently seems to come for ⭕money, be cautious.
3. Infinex will raise funds on Sonar, a project similar to MegaETH; the mentioned ARC is a project of Circle, and if Circle opens deposit activities, it basically requires participation to fill cash.
4. Uni has released another positive news, launching a continuous liquidation auction protocol CCA, which means Uni has entered the token issuance market, similar to Pump.
6. DYDX and Magic Eden both announced similar protocols, DYDX will use 75% of fees for buybacks, Magic announced 30% for buybacks, but their own profit income is not much, making buybacks somewhat meaningless.

1. U.S. stock markets closed, with all three major indices declining; the Nasdaq dropped 2.3%, the Dow fell 1.6%, and the S&P 500 decreased by 1.6%. The entire U.S. stock market's crypto-related stocks fell across the board.
2. Federal Reserve officials took a hawkish stance before releasing important economic data, with several policymakers expressing negative opinions on a rate cut in December. According to CME FedWatch, the probability of a 25 basis point rate cut in December has fallen to 51.6%, and these views have led to overall market panic. Back in the crypto space, the market has once again declined, with a total market value dropping by nearly 2% in the last 24 hours, now reporting 3.45 trillion USD, Bitcoin has fallen to 98000, and Ethereum has dropped below 3200.