Do you know "Fat House Bitcoin"?
This is a cryptocurrency trader, a major player in real coin trading, and a well-known big V on Weibo.
In the past month, "Fat House Bitcoin" became a god in one battle, and many people almost watched his assets grow from US$200,000 to US$4 million. Yes, he made more than 20 million in the past month. He bluntly said that he made more money in the past month than in the past two years.
His real trading data on Coin shows that the total assets of Feizhai’s account are US$4,303,131, which is approximately 27 million yuan. Its cumulative return rate is 3316.69%. The monthly yield is 482.81%. Since March 12, the cumulative income of his account has been US$5,841,895, which is approximately 37.4 million yuan.
This yield is quite scary. He bluntly said that he has actually made two waves of profits since public trading, the wave of $3,000 breakthrough in the first half of 2019, and the surge of Bitcoin in the last month.
In fact, Fei Zhai has always been famous. Unlike the Air Force Commander-in-Chief "Pan Gan Superman" who was popular for a period of time and was obsessed with shorting Bitcoin, Fei Zhai is known as the "Captain of the Multi-Army Death Squadron." He is a staunchly bullish Bitcoin gambler. "Always do more, always have tears in my eyes." "Now is an era of many deaths." These are his famous quotes on Weibo.
But careful fans can also find that Fei Zhai is not brainless in going long. He is good at going long after breaking through key resistance levels. If he bets on the trend, he will let the "profit run". If the price pulls back, he will stop the loss and leave the market.
Feizhai is very courageous. He always goes long on the coin platform, which is equivalent to playing a bright card with the Air Force.
Fei Zhai is also very interesting. He is different from many well-known traders in the currency circle. The top of his Weibo post reads: No groups, no private chats, no orders, and refusal to follow orders. I am a casual and subjective trader with a very low winning rate. I will open an order when I am in a good mood and close my position immediately when I am in a bad mood.
Looking at Fei Zhai's Weibo, you can see some of his trading experiences. The following content comes from his Weibo topic "Trader's Self-cultivation". This may be some of his secrets to success.
1. For trading on the right side, one judgment criterion is: as long as the currency continues to reach new lows, then I will not buy the bottom, and as long as the currency continues to reach new highs, then I will not go short. On the contrary, shorting new highs and buying new lows is a left-hand trade. Fatty now prefers the right side, and occasionally does the left side.
2. There are many types of technical analysis, including wave and fractal theory, candle charts, pattern theory, ethereal wind theory, Gann, and countless indicators. Feizhai does not belong to any school of technical analysis.
And it is inherited from the ancient sect-Bitcoin Dead Duo sect. This sect has experienced several disasters similar to the 312 Crash, and has been lost for a long time. Fei Zhai also temporarily betrayed his sect and survived.
3. There are some newcomers who, because they have made a little money in the past, want to touch the top of the century and copy the bottom of the century. This is overconfidence, trying to go against the trend, but using short-term thinking to try to reach the long-term top. The trend reversal is not completed in one day. It requires a period of reversal, which is the so-called reversal pattern.
4. Reducing positions is a defense. What I have to do is to attack with a heavy position at the moment when I have to pull the market, and kill with one blow. During the washout, just do some defense.
Fei Zhai performed the most touching story of getting rich in the currency circle. He had skills, patience, and courage, and then became famous. However, he actually emphasized that there was a lot of luck involved.
"Speculation does not mean that the harder you work, the more successful you will be. It is because you are lucky and the market will reward you. But if you have not experienced
In the past five years of practice, no matter how lucky the market is, I can't catch it. Speculating is a lot like reading. Han Chuang studied hard for ten years, just to finally soar into the sky and become a blockbuster and be named on the gold list. "
In fact, looking at the cryptocurrency speculators in the world, fat houses are definitely rare. Those who hope to achieve financial freedom through leverage and futures often fail to make money, and even end up in tragedy.
Reading Feizhai’s Weibo is like seeing the faces of futures players in the currency circle. The following content comes from the topic "Feizhai Private Message Tree Hole", also called the memoirs of retail investors in the currency circle. They are all stories about currency speculation told to him by some fans.
1. I entered the industry last year and lost about 800,000 yuan. I currently have a debt of more than 450,000 yuan. Just play with the contract to blow up your position.
When I play contracts, I tell myself that I am not a gambler, but I am actually deceiving myself. This is written for those who are gambling, and also to warn yourself.
2. In the currency market, I feel that money comes too fast and is lost in an instant. The beating of numbers injected me with dopamine. I was so excited that I didn’t know how to hold on to the money and let it slip away. It came too easily and I didn’t cherish it.
3. Looking at my account with only 0.09 left, I remembered what you posted on Weibo: The bull market is about harvesting leeks. I was successfully harvested. The foreign debt of more than one million yuan and the repayment of the 1,000 yuan borrowed the day after tomorrow are all problems. Life At the lowest moment, I wait until I stand up before I leave you a message. Each operation is to open long at high points and short at low points. Recently, I have been chasing the ups and downs, and my mentality is very bad. I can't bear the fluctuation of 200 points and want to cut off. Now I still have an account that is short-selling, and I feel like I am a gambler.
4. Sometimes I really don’t have the patience, I always want to be satisfied with a certain market, and I am not satisfied. Although I sometimes make money, I always feel that it is inappropriate to make such a small amount in such a good market. So I will be very anxious and blindly operate.
5. In March this year, I took 50,000 from my family, plus my own 30,000, for a total of 80,000. At the highest point, the profit reached 200,000, but I started to roll over the position to earn my first million. , I was blown away in the end. I told my family that I wanted to learn investing and they gave me 50,000 yuan. Although my family seemed to have forgotten about it, I still wanted to prove myself.
6. I lost my fortune playing futures and I didn’t dare to tell my parents. I owe a total of 500,000 yuan. I hope the teacher can help me. I will repay you 4,000 yuan for my monthly salary of 5,000 yuan. I can write you a letter of guarantee and a copy of my ID card will do. I'll give it to you, I'm really at the end of my rope. Fat House Patch: Do you want to lose everything by playing futures? Don’t borrow money if you don’t want to.
Today, Fei Zhai is the most popular trader in the currency circle. But this does not mean that Feizhai can maintain a profitable posture forever. If you observe his trading records, in 2019, his account balance shrank to 20% of its peak.
Once upon a time, Xiaoxia, Pangan Superman, Banmuxia, AK, Little Short, Bitcoin Dashi, Liudi... they were all very popular futures celebrities, or they are still very popular today. But in fact, we can also see that they are not always victorious generals, and they often encounter retracements and liquidations.
In the future, the stories of getting rich in the currency world will continue, and the legend of becoming a god in a battle will also reappear, but we must remember that behind them are often countless unknown investors who left the market due to losses.
For many people in the currency circle who have no financial knowledge, futures are a dead end.
Investment is risky, and cryptocurrency prices fluctuate wildly, so you should be particularly cautious.
Text: Babbitt
Date: 2020-11-25
