Binance Square
HalfBarbarian
650 Posts

HalfBarbarian

多头永不为奴,赚钱全凭行情,亏钱全凭技术。
Open Trade
BTC Holder
BTC Holder
High-Frequency Trader
5.2 Years
4 Following
556 Followers
831 Liked
Posts
Portfolio
PINNED
·
--
Article
Some thoughts on my values, likes and dislikes, the past and future, and more.Some thoughts on bloggers on the platform’s community feed and the like. First of all, I don’t know most people, so I shouldn’t jump to conclusions about those I don’t know. So, here are a few principles: The ways bloggers on the community feed make money are generally the usual ones: referral commissions, trading signals, advertising, and so on. 1. On the subject of earning referral commissions, People who constantly pose as trading gurus who can make money in any market, posting this screenshot and that trading record, probably aren’t very good. I think people who genuinely make money from trading don’t need to post screenshots every day to lure in inexperienced investors. The logic behind posting like this is: “I can help you make money, but I won’t do it for free. You have to give me a cut of the commission, and then I’ll help you.”

Some thoughts on my values, likes and dislikes, the past and future, and more.

Some thoughts on bloggers on the platform’s community feed and the like.
First of all, I don’t know most people, so I shouldn’t jump to conclusions about those I don’t know.
So, here are a few principles:
The ways bloggers on the community feed make money are generally the usual ones: referral commissions, trading signals, advertising, and so on.
1. On the subject of earning referral commissions,
People who constantly pose as trading gurus who can make money in any market, posting this screenshot and that trading record, probably aren’t very good. I think people who genuinely make money from trading don’t need to post screenshots every day to lure in inexperienced investors.
The logic behind posting like this is: “I can help you make money, but I won’t do it for free. You have to give me a cut of the commission, and then I’ll help you.”
Biological sex: male; gender identity: female; sexual orientation: women. So, is there something wrong with me being a lesbian? An unsolvable bug created by LGBTQ+ a few years ago.
Biological sex: male; gender identity: female; sexual orientation: women. So, is there something wrong with me being a lesbian?
An unsolvable bug created by LGBTQ+ a few years ago.
Seems like I was criticized without being named, but somehow it also feels like I was called out. The phrase “some people” is a good one. It makes me feel like I’m somehow on the moral back foot. This is exactly the kind of thing about the art of language I’ve never been able to figure out. But there’s actually a bit of a problem with this logic. By your logic, you can post whatever you want—as long as you like it. So does that mean I can post whatever I want too? For example, if there’s something I don’t like, can I post about that as well? I’m a pretty straightforward person: if I like something, I like it; if I don’t, I don’t. (And just because I don’t like something doesn’t mean it’s bad. You might genuinely be a good person, but does that mean it’s not okay to dislike certain good people?) Are you saying none of you have ever disliked certain “good people” in your lives? I’m not talking about any specific person here. I mean that some people’s words, thoughts, or behavior might seem perfectly fine according to traditional values, or in the eyes of most people around you, but you still just don’t really like them. Be honest with yourselves—have you really never felt that way? I’m actually not afraid to argue, and I certainly won’t be intimidated just because you have lots of followers or money. Like you said, I don’t depend on you for a living. You said you have loads of energy and churn out content like a sow. I really can’t keep up with that—I’m lazy, and if I can lie down, I’d rather not sit up. But I can also be pretty stubborn. Once I get fired up, I can stay online arguing with people at full intensity for days and nights without logging off. Also, all I said was that I didn’t like it. But then you started making remarks about money and rich people propping others up, which just made me like you even less. I’m not rich, but I’ve met some wealthy people, with all kinds of personalities, from all walks of life—good and bad. Being rich doesn’t mean you’re a good person, more outstanding than others, or more enlightened, or that what you say makes more sense than what others say. Do you agree? Or is money the only thing you have left to show off? Or are people not allowed to say they don’t like you? That’s not right, is it? I’ve always known that it’s impossible for everyone in the world to like me. When people criticize me, I really do reflect on whether I might be in the wrong. I wonder if you do the same.
Seems like I was criticized without being named, but somehow it also feels like I was called out.
The phrase “some people” is a good one. It makes me feel like I’m somehow on the moral back foot. This is exactly the kind of thing about the art of language I’ve never been able to figure out.
But there’s actually a bit of a problem with this logic. By your logic, you can post whatever you want—as long as you like it.
So does that mean I can post whatever I want too? For example, if there’s something I don’t like, can I post about that as well?
I’m a pretty straightforward person: if I like something, I like it; if I don’t, I don’t. (And just because I don’t like something doesn’t mean it’s bad. You might genuinely be a good person, but does that mean it’s not okay to dislike certain good people?)
Are you saying none of you have ever disliked certain “good people” in your lives?
I’m not talking about any specific person here. I mean that some people’s words, thoughts, or behavior might seem perfectly fine according to traditional values, or in the eyes of most people around you, but you still just don’t really like them. Be honest with yourselves—have you really never felt that way?
I’m actually not afraid to argue, and I certainly won’t be intimidated just because you have lots of followers or money. Like you said, I don’t depend on you for a living.
You said you have loads of energy and churn out content like a sow. I really can’t keep up with that—I’m lazy, and if I can lie down, I’d rather not sit up. But I can also be pretty stubborn. Once I get fired up, I can stay online arguing with people at full intensity for days and nights without logging off.
Also, all I said was that I didn’t like it. But then you started making remarks about money and rich people propping others up, which just made me like you even less. I’m not rich, but I’ve met some wealthy people, with all kinds of personalities, from all walks of life—good and bad. Being rich doesn’t mean you’re a good person,
more outstanding than others, or more enlightened,
or that what you say makes more sense than what others say.
Do you agree?
Or is money the only thing you have left to show off?
Or are people not allowed to say they don’t like you?
That’s not right, is it? I’ve always known that it’s impossible for everyone in the world to like me. When people criticize me, I really do reflect on whether I might be in the wrong. I wonder if you do the same.
Some say the crypto market is where old hands make money off newcomers, but plenty of veterans get stuck in losing positions or wiped out by liquidations. In reality, markets have always been about the clear-headed making money from the confused. There are no philanthropists in crypto. Once you’re in, winning or losing is the only thing that matters; everything else is nonsense.
Some say the crypto market is where old hands make money off newcomers, but plenty of veterans get stuck in losing positions or wiped out by liquidations. In reality, markets have always been about the clear-headed making money from the confused. There are no philanthropists in crypto. Once you’re in, winning or losing is the only thing that matters; everything else is nonsense.
I don't know why, but whenever I see this IP—what's-her-name, “Boss Lady”—constantly posting stuff, I inexplicably get annoyed. Am I just jealous? It feels like there's no substance to it, and yet it also kind of comes across as flaunting her superiority. It just makes me uncomfortable for no reason. Does anyone else feel the same?
I don't know why, but whenever I see this IP—what's-her-name, “Boss Lady”—constantly posting stuff, I inexplicably get annoyed. Am I just jealous? It feels like there's no substance to it, and yet it also kind of comes across as flaunting her superiority. It just makes me uncomfortable for no reason. Does anyone else feel the same?
I wonder if any of you get anxious about your phone. I feel anxious when I leave the house without it, and I keep wanting to check it without even thinking. Wait, it feels like phones are training us now. So here's my way of dealing with it: I’m going to treat my phone as a tool. First, I’ll leave it on my desk by the computer and never pick it up when I get up. Second, I’ll go out without it, unless I’m going far away. I refuse to believe I can’t get by without my phone!
I wonder if any of you get anxious about your phone.
I feel anxious when I leave the house without it, and I keep wanting to check it without even thinking.
Wait, it feels like phones are training us now.
So here's my way of dealing with it:
I’m going to treat my phone as a tool.
First, I’ll leave it on my desk by the computer and never pick it up when I get up.
Second, I’ll go out without it, unless I’m going far away.
I refuse to believe I can’t get by without my phone!
As we get older, our possessions, thoughts, and everything else keep adding up, while simple happiness is the one thing that keeps diminishing. I often wish I could go back to being a child, back when one game of ping-pong, watching ants all afternoon, cuddling a cat for a nap, touching my deskmate’s hand during class... were enough to make me happy. As we grow up, it seems to get harder and harder to feel content. The things our elders are always telling us—grow up, mature, be sensible... Are they really right? Is there really anything wrong with staying childish forever?
As we get older,
our possessions, thoughts, and everything else keep adding up,
while simple happiness is the one thing that keeps diminishing.
I often wish I could go back to being a child,
back when
one game of ping-pong,
watching ants all afternoon,
cuddling a cat for a nap,
touching my deskmate’s hand during class...
were enough to make me happy.
As we grow up,
it seems to get harder and harder to feel content.
The things our elders are always telling us—grow up, mature, be sensible...
Are they really right?
Is there really anything wrong with staying childish forever?
This fake-liquor drama is so damn annoying. It’s such a tiny nothingburger, but it just goes on and on. A bunch of KOLs getting rich off referral commissions—one big meetup today, someone’s birthday party tomorrow. Why? Because they don’t make money from trading, so they turn every little thing into a hot topic! And are these people really friends? A real friend wouldn’t invite someone to a fake-liquor party and then drag them online, even if it was a friend who invited them. A real friend wouldn’t serve someone fake liquor. Put plainly, birds of a feather flock together. What was the last time they milked this kind of drama for traffic? That spat between Tianqing Yanchi, Zhu Yidan and his crowd, and the 教主 crowd, wasn’t it? They love dragging every little thing online to stir up a frenzy. Lose the fight, and they still get traffic—bad publicity is publicity. Win, and they get traffic plus the moral high ground. But their actual trading skills? Yeah, right. These few this time—Tianqing, Dentist, Sanhe, K-Tu and the like—there isn’t a single one with any real trading skill. Usually I can’t be bothered to talk about this stuff. If they can earn referral commissions, fine; if they want to fleece retail investors, whatever—that’s their skill. But it’s hard not to want to call them out when every time it’s either a public spat or them publicly trashing someone over some private nonsense.
This fake-liquor drama is so damn annoying. It’s such a tiny nothingburger, but it just goes on and on. A bunch of KOLs getting rich off referral commissions—one big meetup today, someone’s birthday party tomorrow. Why? Because they don’t make money from trading, so they turn every little thing into a hot topic!
And are these people really friends? A real friend wouldn’t invite someone to a fake-liquor party and then drag them online, even if it was a friend who invited them. A real friend wouldn’t serve someone fake liquor. Put plainly, birds of a feather flock together. What was the last time they milked this kind of drama for traffic? That spat between Tianqing Yanchi, Zhu Yidan and his crowd, and the 教主 crowd, wasn’t it? They love dragging every little thing online to stir up a frenzy. Lose the fight, and they still get traffic—bad publicity is publicity. Win, and they get traffic plus the moral high ground.
But their actual trading skills? Yeah, right. These few this time—Tianqing, Dentist, Sanhe, K-Tu and the like—there isn’t a single one with any real trading skill.
Usually I can’t be bothered to talk about this stuff. If they can earn referral commissions, fine; if they want to fleece retail investors, whatever—that’s their skill. But it’s hard not to want to call them out when every time it’s either a public spat or them publicly trashing someone over some private nonsense.
Isn’t this going a bit overboard with the fawning? Putting He Yi on the same level as Jensen Huang and Musk… No offense, but are you genuinely stupid enough to believe that, or is your urge to suck up simply impossible to suppress?
Isn’t this going a bit overboard with the fawning? Putting He Yi on the same level as Jensen Huang and Musk… No offense, but are you genuinely stupid enough to believe that, or is your urge to suck up simply impossible to suppress?
My vocabulary has been steadily declining because I haven’t had many opportunities to use it. This year, my goal is to keep up with reading and other everyday things—but when it comes to speaking, I’m practically mute. My goal this year is to rebuild my vocabulary by reading more about crypto, finance, technology, and internet technologies, and to become someone who both consumes and creates content in this niche. Let’s keep it up together!
My vocabulary has been steadily declining because I haven’t had many opportunities to use it. This year, my goal is to keep up with reading and other everyday things—but when it comes to speaking, I’m practically mute. My goal this year is to rebuild my vocabulary by reading more about crypto, finance, technology, and internet technologies, and to become someone who both consumes and creates content in this niche.
Let’s keep it up together!
·
--
Bearish
BTC has shown a daily-chart divergence, and ETF flow data is also showing outflows. This should be confirmation of a daily-level pullback, but there are two questions: 1. Will the market makers keep acting against human nature? For example, when the first divergence appeared, the price didn’t actually fall; it stayed near the top for quite a while before the drop came! 2. When should we buy back in during the pullback? 3. If BTC pulls back, how badly will altcoins fall? But remember: as long as the daily chart doesn’t fall below the previous low of 57,000, that’s a sign that the bear market is officially over! A decline means completely different things at different stages! As for a short-term pullback, that’s normal and part of a healthy trend. The coins to focus on next (from a long-term perspective, these all have healthy fundamentals and trends. Short-term price movements can be hard to predict, but over the long term, they should rise along with the development of the industry as a whole!) Tier 1: BTC, ETH, HYPE, SOL, BNB (in order of my preference) Tier 2: UNI, PUMP, LIT, etc. (They lack sufficient competitive moats or have historical baggage, so they don’t quite make the Tier 1 list, but they currently have good potential.) Tier 3: (These include some coins that I think could see huge gains in the future, but they’re harder to assess. You need to weigh various factors, and the difficulty and risk are high, so after thinking it over, I’ve decided not to list them here.)
BTC has shown a daily-chart divergence, and ETF flow data is also showing outflows. This should be confirmation of a daily-level pullback, but there are two questions:
1. Will the market makers keep acting against human nature? For example, when the first divergence appeared, the price didn’t actually fall; it stayed near the top for quite a while before the drop came!
2. When should we buy back in during the pullback?
3. If BTC pulls back, how badly will altcoins fall?
But remember: as long as the daily chart doesn’t fall below the previous low of 57,000, that’s a sign that the bear market is officially over! A decline means completely different things at different stages!
As for a short-term pullback, that’s normal and part of a healthy trend.
The coins to focus on next (from a long-term perspective, these all have healthy fundamentals and trends. Short-term price movements can be hard to predict, but over the long term, they should rise along with the development of the industry as a whole!)
Tier 1: BTC, ETH, HYPE, SOL, BNB (in order of my preference)
Tier 2: UNI, PUMP, LIT, etc. (They lack sufficient competitive moats or have historical baggage, so they don’t quite make the Tier 1 list, but they currently have good potential.)
Tier 3: (These include some coins that I think could see huge gains in the future, but they’re harder to assess. You need to weigh various factors, and the difficulty and risk are high, so after thinking it over, I’ve decided not to list them here.)
The benefit of having reach is that even outdated news can still get views when you post it, as long as you're on the right track. For example, this lady boss posted things that I had already analyzed in detail back in February. I started talking up $HYPE and HYPE around February, and kept doing so. Then institutions began building positions in May, and AQA v2 changed the earnings picture. Back in February, I felt it had hit bottom and that the fundamentals were still strong. By May, that strength had been confirmed, and institutional capital coming in—along with the interest income from AQA v2—reinforced its fundamental moat. But it didn't matter. A lot of people always think the information comes too late, because they can't tell what information is actually useful. At the time, I wrote a lot about HYPE: the founder's background, how the project had developed and how it handled difficulties, how powerful the buyback mechanism really was, and so on. But whenever I ran into a nitpicker, they'd bring up the massive token unlocks. I'd explain that the team had actually received very few tokens from the unlocks, but it was no use. Most people just couldn't make sense of it or understand. I even talked it up many times while livestreaming and chatting with a few friends, but hardly anyone bought in. I even said HYPE might be the biggest opportunity of 2026. Knowing my personality, I don't like to make sweeping claims, so the fact that I said that shows just how confident I was in it. What was even worse was that hardly anyone saw that article at the time. (For one thing, An'an seemed to throttle the reach of posts mentioning the HYPE platform back then. I'm not making that up—my article was even taken down just because I included a screenshot of the HYPE platform. I can understand why, though. The other reason was that I had no followers and no reach. Most people simply never saw it.) That's why I've started working on building an audience now. Without reach, in this chaotic market, even if your views are proven right in hindsight, and you shared them early enough to help people, they can still get drowned out by noise. To avoid that, and to have some influence, I think you need a certain amount of reach to do the right things and share the right ideas. I guess this is the compromise you have to make if you want to do the right thing in an era when bad money drives out good.
The benefit of having reach is that even outdated news can still get views when you post it, as long as you're on the right track.
For example, this lady boss posted things that I had already analyzed in detail back in February. I started talking up $HYPE and HYPE around February, and kept doing so. Then institutions began building positions in May, and AQA v2 changed the earnings picture.
Back in February, I felt it had hit bottom and that the fundamentals were still strong. By May, that strength had been confirmed, and institutional capital coming in—along with the interest income from AQA v2—reinforced its fundamental moat.
But it didn't matter. A lot of people always think the information comes too late, because they can't tell what information is actually useful.
At the time, I wrote a lot about HYPE: the founder's background, how the project had developed and how it handled difficulties, how powerful the buyback mechanism really was, and so on.
But whenever I ran into a nitpicker, they'd bring up the massive token unlocks. I'd explain that the team had actually received very few tokens from the unlocks, but it was no use. Most people just couldn't make sense of it or understand.
I even talked it up many times while livestreaming and chatting with a few friends, but hardly anyone bought in. I even said HYPE might be the biggest opportunity of 2026. Knowing my personality, I don't like to make sweeping claims, so the fact that I said that shows just how confident I was in it.
What was even worse was that hardly anyone saw that article at the time. (For one thing, An'an seemed to throttle the reach of posts mentioning the HYPE platform back then. I'm not making that up—my article was even taken down just because I included a screenshot of the HYPE platform. I can understand why, though. The other reason was that I had no followers and no reach. Most people simply never saw it.)
That's why I've started working on building an audience now. Without reach, in this chaotic market, even if your views are proven right in hindsight, and you shared them early enough to help people, they can still get drowned out by noise. To avoid that, and to have some influence, I think you need a certain amount of reach to do the right things and share the right ideas.
I guess this is the compromise you have to make if you want to do the right thing in an era when bad money drives out good.
Taking a loss is painful in the moment, but generally, after distracting yourself for a few hours, you can gradually get back into the right mindset. Everyone loses discipline sometimes. The key is not to let one trade ruin your entire trading career. To me, trading is a lot like climbing a mountain: you work hard and climb slowly for a long time, and one careless move can cut your progress in half. At that point, the most important thing is not to lose the chance to start climbing again—not to try to win it all back in one go with high leverage 😂😭😅
Taking a loss is painful in the moment, but generally, after distracting yourself for a few hours, you can gradually get back into the right mindset. Everyone loses discipline sometimes. The key is not to let one trade ruin your entire trading career. To me, trading is a lot like climbing a mountain: you work hard and climb slowly for a long time, and one careless move can cut your progress in half. At that point, the most important thing is not to lose the chance to start climbing again—not to try to win it all back in one go with high leverage 😂😭😅
Lit—lost 800 USDT. I’m so done. Every time I size up a bit and try to make a big move, the market makes a big move on me instead. Honestly, this is the worst trade I’ve made recently. Nothing I could do—I didn’t have time to watch the charts over the National Day holiday... Anyway, if you’re going out to have fun, just go. I’m seriously baffled.
Lit—lost 800 USDT. I’m so done. Every time I size up a bit and try to make a big move, the market makes a big move on me instead. Honestly, this is the worst trade I’ve made recently. Nothing I could do—I didn’t have time to watch the charts over the National Day holiday... Anyway, if you’re going out to have fun, just go. I’m seriously baffled.
I’ve always known there’s a kind of attention you can attract, but I’ve never dared to go after it: bringing up all kinds of injustices in the country. It’s guaranteed to draw two kinds of responses: 1. “Patriots” who don’t think much for themselves—in other words, people brainwashed into stupidity. 2. People who agree. The key point is that these “patriots” can’t stand hearing any criticism of the country, so they’re bound to argue back. But their arguments often lack logic and facts, and they tend to just shout slogans, which makes them hard to believe. That leads to even bigger controversies, and the cycle continues. But this kind of attention is a double-edged sword. If things blow up, there’s a real chance the authorities will take notice. The odds may not be high, but there’s still a risk. I admire the brave souls who dare to chase this kind of attention 😂
I’ve always known there’s a kind of attention you can attract, but I’ve never dared to go after it: bringing up all kinds of injustices in the country. It’s guaranteed to draw two kinds of responses: 1. “Patriots” who don’t think much for themselves—in other words, people brainwashed into stupidity. 2. People who agree.
The key point is that these “patriots” can’t stand hearing any criticism of the country, so they’re bound to argue back. But their arguments often lack logic and facts, and they tend to just shout slogans, which makes them hard to believe. That leads to even bigger controversies, and the cycle continues.
But this kind of attention is a double-edged sword. If things blow up, there’s a real chance the authorities will take notice. The odds may not be high, but there’s still a risk.
I admire the brave souls who dare to chase this kind of attention 😂
·
--
Bearish
Although it’s still on the rise, the outflows from the ETF for two consecutive days make me a bit concerned. I’ll close out part of my long positions first, and then re-enter if it pulls back a bit. If I miss the move, I’ll accept it. For the long-term positions, I won’t change anything $ETH {future}(ETHUSDT) $HYPE {future}(HYPEUSDT)
Although it’s still on the rise, the outflows from the ETF for two consecutive days make me a bit concerned. I’ll close out part of my long positions first, and then re-enter if it pulls back a bit. If I miss the move, I’ll accept it. For the long-term positions, I won’t change anything
$ETH
$HYPE
Just saw someone post saying they want to quit the A-shares. Let me talk about my feelings toward the A-shares. I’ve come through the world of crypto and the US stock market, and to this day I haven’t touched the A-shares, nor even had the urge to study them. It’s not because there aren’t good companies in the A-shares worth researching. It’s just that panning for gold in the dung makes it really hard to get myself to invest time and energy into it 😂 In crypto, during the beginner stage, there’s at least BTC/ETH and the like. As for US stocks, I don’t know what to buy—so the $SPY $QQQ S&P 500 / Nasdaq index fund can be used first to learn how to buy. Then later you can go research more. There are also plenty of quality companies. Financial reports and data are comparatively transparent, and the cost of doing evil—and the penalties—are also higher. But in the A-shares, you have things like fake financial statements, shell listings, and all kinds of shady operations—everything is seriously wild. And the cost of wrongdoing is so low that it’s truly outrageous. Tell me, in a situation like this, even if there are some decent companies, is it still worth putting your energy into it? {future}(SPYUSDT)
Just saw someone post saying they want to quit the A-shares. Let me talk about my feelings toward the A-shares.
I’ve come through the world of crypto and the US stock market, and to this day I haven’t touched the A-shares, nor even had the urge to study them.
It’s not because there aren’t good companies in the A-shares worth researching. It’s just that panning for gold in the dung makes it really hard to get myself to invest time and energy into it 😂
In crypto, during the beginner stage, there’s at least BTC/ETH and the like.
As for US stocks, I don’t know what to buy—so the $SPY $QQQ S&P 500 / Nasdaq index fund can be used first to learn how to buy. Then later you can go research more.
There are also plenty of quality companies. Financial reports and data are comparatively transparent, and the cost of doing evil—and the penalties—are also higher.
But in the A-shares, you have things like fake financial statements, shell listings, and all kinds of shady operations—everything is seriously wild. And the cost of wrongdoing is so low that it’s truly outrageous. Tell me, in a situation like this, even if there are some decent companies, is it still worth putting your energy into it?
The coins I’m paying more attention to today, $LIT {future}(LITUSDT) I placed a long order on a head-position (initial major position). Although I feel the shakeout might not be over yet, after such a rapid drop, an oversold rebound should at least allow me to capture a bit of profit. Second, I had already planned to include some of these as long-term holdings, but they had risen too much and there hadn’t been a strong enough pullback, so I kept waiting without making a move. With opportunities like this, you have to take some position size, right? After opening a head-position, it’s easier to gradually sell high and buy low. Many coins with potential are really about the timing of opening your head-position—it affects your future trading decisions and mindset. In a bull market, my approach has always been: hold the core position for the long term, but on the short-term side I will continuously sell high and buy low to reduce the cost of my holdings, until the core position cost becomes 0. At that point I’ll keep selling high and buying low and slowly add to my zero-cost holdings, until I believe the bull market has ended, and then I’ll clear the position. The downside of doing this is that sometimes the sell-high/buy-low positions may cause you to miss the biggest rallies. The advantage is that the core position is a psychological comfort—one you can hold without stress. That’s why I say I’m a long-term investor, but I’m not “dead holding.” This method has pros and cons. You need some grasp of the market, and it’s something you adjust gradually based on your trading psychology and your tolerance for leverage. There’s no absolute best or worst. Everyone’s logic and trading style are different; what works for you and can be profitable over the long run is the good one.
The coins I’m paying more attention to today, $LIT
I placed a long order on a head-position (initial major position). Although I feel the shakeout might not be over yet, after such a rapid drop, an oversold rebound should at least allow me to capture a bit of profit.
Second, I had already planned to include some of these as long-term holdings, but they had risen too much and there hadn’t been a strong enough pullback, so I kept waiting without making a move. With opportunities like this, you have to take some position size, right?
After opening a head-position, it’s easier to gradually sell high and buy low. Many coins with potential are really about the timing of opening your head-position—it affects your future trading decisions and mindset.
In a bull market, my approach has always been: hold the core position for the long term, but on the short-term side I will continuously sell high and buy low to reduce the cost of my holdings, until the core position cost becomes 0. At that point I’ll keep selling high and buying low and slowly add to my zero-cost holdings, until I believe the bull market has ended, and then I’ll clear the position.
The downside of doing this is that sometimes the sell-high/buy-low positions may cause you to miss the biggest rallies. The advantage is that the core position is a psychological comfort—one you can hold without stress.
That’s why I say I’m a long-term investor, but I’m not “dead holding.” This method has pros and cons. You need some grasp of the market, and it’s something you adjust gradually based on your trading psychology and your tolerance for leverage. There’s no absolute best or worst. Everyone’s logic and trading style are different; what works for you and can be profitable over the long run is the good one.
It's also recommended books—I wrote a bunch of “why” and “how,” while others only need a single picture. This data gap makes me kind of not know what to say 😅. Do I also need to include a photo of a beautiful woman when I post in the future? If so, I guess I should go download one. 😂
It's also recommended books—I wrote a bunch of “why” and “how,” while others only need a single picture. This data gap makes me kind of not know what to say 😅. Do I also need to include a photo of a beautiful woman when I post in the future? If so, I guess I should go download one. 😂
I saw that under this post, quite a few people are asking what to do about joining groups for Hong Kong cards, costing 20,000. How should I put it… I’m honestly pretty speechless. If you were already planning to travel to Hong Kong anyway, then you can just take care of it while you’re there. But there’s really no need to go specifically for that. Actually, there are ways with little to no out-of-pocket expense. That’s how I did it. These four apps are enough. Let me briefly explain. First, 1) a bank account: iFast, which is an international bank tied to listings in Singapore and the UK. If you don’t know, just Google it yourself. The reason I chose it is very simple: it supports transfers of money from cryptocurrency exchanges into that bank account. Then 2) the exchange Kraken (Sea God). Same—if you don’t know, search it yourself. Why choose it? Because you can directly exchange into fiat currencies like USD, GBP, and EUR within the exchange (it has a banking license). Next, 3) the US stock broker account IBKR (Interactive Brokers). If you don’t know, also go search. 4) Wise is just a supplementary option for convenient receiving and payments—optional. The route is: cryptocurrencies. If you’re seeing this post of mine, you at least have some crypto. Then the route is from your crypto wallet (withdraw to Kraken), and within Kraken exchange USDT/USDC into USD/GBP/EUR or other fiat currencies, then withdraw the fiat to your iFast bank account, and finally connect to IBKR. Deposit money to buy US stocks or US Treasuries. Compare it with a Hong Kong card—pros and cons. 1) Opening the account is done entirely at home, with no thresholds. As for a Hong Kong card, if you go specifically to Hong Kong to办理 it, expenses like transport, food, and accommodation depend on how far you are. There’s some cost, and Hong Kong cards also have requirements like minimum deposit amounts… 2) The advantage of Hong Kong cards is still more within the Chinese-language context, and the route should be shorter: RMB–HKD–IBKR. But the cryptocurrency route adds a step from crypto to fiat. 3) Potential (hidden) issues: for Hong Kong cards, since mainland China and Hong Kong have basically been sharing banking information and the central bank has access, when you transfer RMB to Hong Kong, it’s basically known domestically too. Think of the San Qiyang incident—didn’t they start setting up a company in Hong Kong and then… I won’t say more. If you understand, you understand; if you don’t, you don’t need to know. Our common folks’ capital amounts can’t reach that level, so usually it’s fine, but it is still a potential risk… I won’t go into more here. For this setup, not many people probably know it. Hehe. Don’t call me Leifeng.
I saw that under this post, quite a few people are asking what to do about joining groups for Hong Kong cards, costing 20,000. How should I put it… I’m honestly pretty speechless.

If you were already planning to travel to Hong Kong anyway, then you can just take care of it while you’re there. But there’s really no need to go specifically for that.

Actually, there are ways with little to no out-of-pocket expense. That’s how I did it.

These four apps are enough.

Let me briefly explain.
First, 1) a bank account: iFast, which is an international bank tied to listings in Singapore and the UK. If you don’t know, just Google it yourself.
The reason I chose it is very simple: it supports transfers of money from cryptocurrency exchanges into that bank account.

Then 2) the exchange Kraken (Sea God). Same—if you don’t know, search it yourself. Why choose it? Because you can directly exchange into fiat currencies like USD, GBP, and EUR within the exchange (it has a banking license).

Next, 3) the US stock broker account IBKR (Interactive Brokers). If you don’t know, also go search.

4) Wise is just a supplementary option for convenient receiving and payments—optional.

The route is: cryptocurrencies. If you’re seeing this post of mine, you at least have some crypto. Then the route is from your crypto wallet (withdraw to Kraken), and within Kraken exchange USDT/USDC into USD/GBP/EUR or other fiat currencies, then withdraw the fiat to your iFast bank account, and finally connect to IBKR. Deposit money to buy US stocks or US Treasuries.

Compare it with a Hong Kong card—pros and cons.

1) Opening the account is done entirely at home, with no thresholds. As for a Hong Kong card, if you go specifically to Hong Kong to办理 it, expenses like transport, food, and accommodation depend on how far you are. There’s some cost, and Hong Kong cards also have requirements like minimum deposit amounts…

2) The advantage of Hong Kong cards is still more within the Chinese-language context, and the route should be shorter: RMB–HKD–IBKR. But the cryptocurrency route adds a step from crypto to fiat.

3) Potential (hidden) issues: for Hong Kong cards, since mainland China and Hong Kong have basically been sharing banking information and the central bank has access, when you transfer RMB to Hong Kong, it’s basically known domestically too.
Think of the San Qiyang incident—didn’t they start setting up a company in Hong Kong and then… I won’t say more. If you understand, you understand; if you don’t, you don’t need to know.
Our common folks’ capital amounts can’t reach that level, so usually it’s fine, but it is still a potential risk… I won’t go into more here.

For this setup, not many people probably know it. Hehe. Don’t call me Leifeng.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs