北向的杰克
596 Posts
北向的杰克
更多更及时官方请移步同名推特
2 Following
595 Followers
571 Liked
Posts
All
Quotes
Videos
PINNED
For quite a long period of time to come, I believe that in all likelihood the following will happen: no matter what strategies you use, you won't be able to outperform the return rates of Bitcoin / Ethereum / BNB / Hype spot holdings.
So, how can you make sure you don't fall behind those four assets in this kind of market? My personal view is:
1. Pick the right Beta asset for yourself
2. Fully allocate all your on-exchange funds to the spot holdings of the Beta asset you’ve chosen
3. Use spot as margin, and at the appropriate positions, choose suitable instruments to pursue your own Alpha
At that point, you need to have extremely strict requirements for position control and management. For example:
(a) The first is whether your research into the Alpha you’re pursuing is sufficiently deep
(b) The second is whether the amount of capital you allocate to Alpha is appropriate—because chasing Alpha often comes with high risk, high return, and high payoff. In this situation, you must control your position size.
If your position is too heavy, you may not be able to hold on; if it’s too light, your overall return performance will be too dull, and you’ll miss the opportunity of that Alpha.
If I remember correctly, the last-but-one Alpha opportunity was in memes; the previous round of Alpha opportunities was tied to U.S. stock storage.
Alpha often depends on opportunities, on fate, on luck—but Beta is often something you can repeat by using market cycles
#BTC #ETH #HYPE #BNB
So, how can you make sure you don't fall behind those four assets in this kind of market? My personal view is:
1. Pick the right Beta asset for yourself
2. Fully allocate all your on-exchange funds to the spot holdings of the Beta asset you’ve chosen
3. Use spot as margin, and at the appropriate positions, choose suitable instruments to pursue your own Alpha
At that point, you need to have extremely strict requirements for position control and management. For example:
(a) The first is whether your research into the Alpha you’re pursuing is sufficiently deep
(b) The second is whether the amount of capital you allocate to Alpha is appropriate—because chasing Alpha often comes with high risk, high return, and high payoff. In this situation, you must control your position size.
If your position is too heavy, you may not be able to hold on; if it’s too light, your overall return performance will be too dull, and you’ll miss the opportunity of that Alpha.
If I remember correctly, the last-but-one Alpha opportunity was in memes; the previous round of Alpha opportunities was tied to U.S. stock storage.
Alpha often depends on opportunities, on fate, on luck—but Beta is often something you can repeat by using market cycles
#BTC #ETH #HYPE #BNB
After this wave of Bitcoin’s rise, I didn’t do anything to chase pumps in altcoins.
First, my Bitcoin position is already enough for me—I have no desire to chase altcoins. Second, experience from the previous cycle tells me that, currently, there are very few assets in the crypto market that have real medium- to long-term trading value.
So for me, at the moment, there are only BTC, ETH, SOL, and HYPE—everything else is more suited to short-term trading. But short-term trading requires you to keep an eye on the charts at all times, which consumes a lot of time and energy. I no longer have the physical capability for that. So I’m more inclined to do this kind of medium- to long-term trading: it’s more time-saving and possibly yields higher returns.
Third—and even more important—things in the crypto space have become extremely convenient now. You can trade a huge number of assets. That means that with just a single trading account on Binance or OKX, you can trade many excellent trading assets around the world.
There are simply too many options. So refusing to choose altcoins might actually be the best choice.
First, my Bitcoin position is already enough for me—I have no desire to chase altcoins. Second, experience from the previous cycle tells me that, currently, there are very few assets in the crypto market that have real medium- to long-term trading value.
So for me, at the moment, there are only BTC, ETH, SOL, and HYPE—everything else is more suited to short-term trading. But short-term trading requires you to keep an eye on the charts at all times, which consumes a lot of time and energy. I no longer have the physical capability for that. So I’m more inclined to do this kind of medium- to long-term trading: it’s more time-saving and possibly yields higher returns.
Third—and even more important—things in the crypto space have become extremely convenient now. You can trade a huge number of assets. That means that with just a single trading account on Binance or OKX, you can trade many excellent trading assets around the world.
There are simply too many options. So refusing to choose altcoins might actually be the best choice.
See translation
李老师还是会有事业心的
Great companies put customers first, shareholders second, and employees third
Brother Sun is awesome, 1v1 against the president
The biggest problem is that last round’s imitation spot performance was too bad, so it’s hard to find any spot traders to match and get going. Generally, if you want to achieve big results playing spot, you have to rely on the massive volatility of the imitation coins. That’s all—still, I can’t help but envy the OG players who made money from spot back in 2017 and 2018.
In the end, it’s still because I’m poor (I mean, me), so Bitcoin’s rises and falls matter too much to me.
Why are you still carrying the load?
Suggest OKX waive the trading fees for swapping RLUSD, USDG, and USDT—otherwise it’s too expensive.
If you’re talking about people who want to earn interest, even in a year it’s only about 4%. Even if you open this “flash earning,” it’ll last at most about a week. At 10%, that’s at most around 1,100 to 1,200.
If the trading fee (for taking orders) is remembered as what, a few per ten-thousand—then swapping back and forth twice would be about 0.1%. The interest already ends up paying the fees—who would bother doing it then?
OKX should think it through. Don’t be so tight all the time. You want to promote stablecoins, but you also want to take the trading fees.
If you’re talking about people who want to earn interest, even in a year it’s only about 4%. Even if you open this “flash earning,” it’ll last at most about a week. At 10%, that’s at most around 1,100 to 1,200.
If the trading fee (for taking orders) is remembered as what, a few per ten-thousand—then swapping back and forth twice would be about 0.1%. The interest already ends up paying the fees—who would bother doing it then?
OKX should think it through. Don’t be so tight all the time. You want to promote stablecoins, but you also want to take the trading fees.
Honestly, right now I really hope the U.S. dollar keeps falling. Generally, only when the U.S. dollar index remains persistently weak and the dollar keeps dropping will capital move into risk assets, especially something like Bitcoin.
For the next fairly long period of time, I believe that the following is very likely to happen: no matter what strategies you use, you won’t be able to outperform the rate of return of Bitcoin/Ethereum/BNB/Hype spot trading.
So, how can you make sure you don’t end up underperforming the four assets above in this type of market? My personal idea is:
1. Choose your own Beta assets
2. Put all the funds you have in the market into spot holdings of the chosen Beta assets
3. Use spot holdings as margin, and at the right positions, choose suitable instruments to pursue your own Alpha
At this point, you need to have very strict requirements for position sizing and risk management. For example:
(a) The first is whether your research on the Alpha you’re pursuing is sufficiently deep
(b) The second is whether the amount of capital you allocate to Alpha is appropriate—because pursuing Alpha often involves high risk, high returns, and high payoffs, so you must control your position size.
If the position is too heavy, you won’t be able to hold it; if the position is too light, your overall return will look too bland, and you’ll miss the opportunity for that Alpha.
From what I remember, the Alpha opportunity in the previous cycle was in memes, and the Alpha opportunity in the last cycle was in U.S. stock storage.
Alpha often depends on opportunity, on timing, on luck—but beta can often be repeated by relying on cycles
#BTC #ETH #HYPE #BNB
So, how can you make sure you don’t end up underperforming the four assets above in this type of market? My personal idea is:
1. Choose your own Beta assets
2. Put all the funds you have in the market into spot holdings of the chosen Beta assets
3. Use spot holdings as margin, and at the right positions, choose suitable instruments to pursue your own Alpha
At this point, you need to have very strict requirements for position sizing and risk management. For example:
(a) The first is whether your research on the Alpha you’re pursuing is sufficiently deep
(b) The second is whether the amount of capital you allocate to Alpha is appropriate—because pursuing Alpha often involves high risk, high returns, and high payoffs, so you must control your position size.
If the position is too heavy, you won’t be able to hold it; if the position is too light, your overall return will look too bland, and you’ll miss the opportunity for that Alpha.
From what I remember, the Alpha opportunity in the previous cycle was in memes, and the Alpha opportunity in the last cycle was in U.S. stock storage.
Alpha often depends on opportunity, on timing, on luck—but beta can often be repeated by relying on cycles
#BTC #ETH #HYPE #BNB
Next is seeing who can hold it the longest.
Log in to explore more content