@Binance BiBi Summary of the article
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0xiang1
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The Survival Rule of Big Shots with Cash Flow Over $100 Million: Why is he richer than you but more 'afraid of losing'?
In the adrenaline-filled casino of cryptocurrency, we are used to the myths of 'all in', 'hundred times', and 'one night of freedom'.
Many people think that after becoming a billionaire, money is just a number, like the 'happy beans' in Dou Di Zhu, but Vida's perspective has overturned my understanding; he even feels that 'earning an extra $10,000 makes him very happy.'
This reverence for capital is vividly reflected in his recent practices:
Firstly, it is extreme caution. To hedge against the $3.5 million silver ETF he holds, he shorted 1.16 million XAG on Binance futures, pushing the liquidation price extremely high. This seemingly conservative hedge reflects his instinct to never put principal at risk.
Many people think that after becoming a billionaire, money is just a number, like the 'happy beans' in Dou Di Zhu, but Vida's perspective has overturned my understanding; he even feels that 'earning an extra $10,000 makes him very happy.'
This reverence for capital is vividly reflected in his recent practices:
Firstly, it is extreme caution. To hedge against the $3.5 million silver ETF he holds, he shorted 1.16 million XAG on Binance futures, pushing the liquidation price extremely high. This seemingly conservative hedge reflects his instinct to never put principal at risk.
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