> All my major losses come after a big win when I didn't stop. > All my real big wins and the money I kept long-term > are because I caught a good trend once and then immediately stopped to live my life.
Pickle Cat
·
--
If you want to stop losing money, please stop day trading immediately (this is not clickbait)
Because retail investors are essentially a structural scam. This article is a bit long, but if you are willing to give me 120 seconds, I guarantee you will thank me in a few years. I started trading when I was a teenager. I made a lot of money, thinking I was Batman. I also lost even more money, which hurt a lot, and even now I am still fixing the cracks from back then. I've tried all the strategies that retail investors can access. I even seriously day traded for a year, thinking I could finally turn things around, but the result was so miserable that just thinking about it still hurts.
How bad was my PNL at that time? Even my grandmother made more money than I did! And she just followed the method I taught her to automatically invest in Bitcoin.
Looking back at the trading records of the past two years, we can see that the big profits were made when the market was good, and they did not last long! Big losses, without exception, are all contracts! It's all, it's all, it's a contract! This also shows that I am not suitable for the contract! Although I think 99% of people in the entire market are not suitable for contracts! But there are always those one in ten thousand people who make a lot of money in the contract market. I am very self-aware that I am not the 1%! So in summary, most of the time you make money because the market is feeding you, and you have to rely on your own knowledge to make money when the market is good. However, most of the time the market is not good or fluctuating, so most of the time you have to control it. Control the contract. If you can do this, you can guarantee that you will not lose much. If you can not lose much, then if you persist and encounter opportunities, won't you make money! The longer you live, the more opportunities you will encounter. If you lose a little today and lose a little tomorrow, your principal will be lost. What can you earn?
The market cap is 170k now. It was only around 30k when it was first promoted, right? So early. You can even make money playing games—nice.
王大锤锤
·
--
0xbbdd8c7720d1eeb1d63738eaabb584a4b72c7777 The official token isn’t currently linked to the game, and its market cap is only 20k. It’s a bit of a lottery. Once it’s linked to the in-game coins and can be exchanged for them, it should take off. You’ll need it for in-game purchases later, so if you enjoy this kind of game, you could buy a little—just think of it as topping up for future purchases.
The game is pretty fun and addictive. Since it’s still early, all the in-game costs and investments are cheap, and the coin’s market cap is only tens of thousands of dollars. I’d recommend giving it a try—what if it takes off? Try drawing a few heroes and playing. You don’t have to stockpile coins; you can just play the game. 0xbbdd8c7720d1eeb1d63738eaabb584a4b72c7777
王大锤锤
·
--
0xbbdd8c7720d1eeb1d63738eaabb584a4b72c7777 The official token isn’t currently linked to the game, and its market cap is only 20k. It’s a bit of a lottery. Once it’s linked to the in-game coins and can be exchanged for them, it should take off. You’ll need it for in-game purchases later, so if you enjoy this kind of game, you could buy a little—just think of it as topping up for future purchases.
A trash game. The building aspect feels a bit like playing Tencent's Seven Heroes Contend back in the day—building, grinding monsters, and hunting for treasure.
王大锤锤
·
--
Boring market. Manage your investments while playing the agent version of Diablo: Wild Era on BSC. Pretty addictive @bolt_book
0xbbdd8c7720d1eeb1d63738eaabb584a4b72c7777 The official token isn’t currently linked to the game, and its market cap is only 20k. It’s a bit of a lottery. Once it’s linked to the in-game coins and can be exchanged for them, it should take off. You’ll need it for in-game purchases later, so if you enjoy this kind of game, you could buy a little—just think of it as topping up for future purchases.
王大锤锤
·
--
Boring market. Manage your investments while playing the agent version of Diablo: Wild Era on BSC. Pretty addictive @bolt_book
Since Binance withdrawals reopened, 12 large transfers out in total · Cumulative outflows: 6546.92 BTC ≈ 510.5M (71 transactions, 33 pending confirmation in the mempool) · Inflows during the same period: 1968.50 BTC ≈ $153.5M | Net outflow: 4578.42 BTC
The first network Binance opened for withdrawals was the BTC network. So if you're worried, switch to BTC and withdraw it. This directly creates buying pressure for BTC. It also indirectly suggests that Binance holds the most BTC. As for the other coins, wait and see.
Starting at 2 p.m., Binance gradually resumed withdrawals. But there’s nowhere safer than Binance anyway, so whether withdrawals are open or not doesn’t really matter. Even if there is somewhere safer than Binance, it may not have Binance’s ability to fully reimburse everyone. All things considered, I’ll keep trading on Binance.
I've been waiting for a black swan event to trigger one final dump and wick down in Bitcoin during this bear market. Not sure if this Binance situation is it. But Bitcoin's price drop of less than 5% clearly shows that the market isn't treating this event as a black swan. Or maybe people have enough confidence in Binance and see it as safe, so Bitcoin can't fall much further on this news. It could also be that fewer people are trading Bitcoin these days.
The shortfall is around 2 billion. Of course, that would be crippling for other exchanges, but it’s no big deal here at Binance. We’ll absorb the losses. User funds are safe. Once withdrawals are restored, go back to doing whatever you were doing.