Currently, the negative premium for Coinbase is not significant. We should pay attention to the opening of the US stock market. If the negative premium exceeds 100 dollars, it is highly likely to weaken, either sideway or continue to decline. If the negative premium shrinks to below 50 dollars, or disappears entirely, a strong rebound is expected. Every time the negative premium exceeds 100 dollars, it indicates a weak continuous decline. When it suddenly disappears, a rebound occurs. #btc
On one hand, I think the giggle priced at over 30 bucks is okay, let's try buying 10,000 dollars. On the other hand, Binance's life keeps falling, as the first Chinese coin, Long Er: I'm here, with a market value of 60 million dollars, it feels about right. After all, Long Yi is only 120 million dollars. So let's short a few thousand dollars to test the waters. #giggle #我踏马来了
Gold and silver have surged significantly; let's see how today's trend looks. It is estimated that the recent fluctuations have been quite large, with panic selling at the early market opening. We will observe the performance of A-shares at the market opening. I have a strong feeling that this market won't disappear so quickly, and based on the previous weekly trend, silver has strong support at 40-50, making it difficult to break below. Therefore, there isn't much downward space from the 70+ price level. Let's see if it has been a wide-ranging oscillating trend recently, with ups and downs. #xagusdt
river only ate about 25 points, unfortunately, didn’t catch this last wave of 40 points today. Is the trend the same as beat, just keeps falling. Mainly river serves as a hedge, so it brought in quite a bit of profit from following orders. #river
Silver originally wanted to short to around 50, but it dropped too much, losing money; it fell below 80 in just one day, oh well, oh well. I took profits. I was only short a few tens of thousands of dollars.
Recently watched Chinese animations, "Jian Lai" is really good, "Fan Ren" has stopped updating. "Xian Ni" is also good, I kind of forgot about the last season of "Yi Ren Zhi Xia", resulting in not knowing what some characters' skills are in the new season? Any other recommendations?
I've been watching the river for a while, and it feels very similar to the previous beat trend, especially the recent trend. If this continues, there will be another surge, followed by a consistent decline without any rebound. Let's verify #river #beat in a while.
In a word, there is nothing to be short about with negative interest rates. At least this has been the case in the last 1-2 years when the depth and volatility are not large.
Today I saw that the Binance Cyber Current Account cannot withdraw money. I have always known that the so-called financial management means that you deposit coins to earn interest, and the exchange borrows your coins from others (usually only a part is borrowed), and the exchange earns a little interest by the way. Difference.
This is actually an easy-to-understand truth. In extreme market conditions (borrowing interest will continue to increase at this time, and the exchange will urge the borrower to repay the currency, otherwise the interest will be very expensive) the currency has been borrowed for shorting, but the borrower has not paid it back. Now you are a large accountant and you want to get your coins back. The exchange has no coins to get them back for you (you can only get them back one after another if others return them and there are coins in the pool).
It is impossible for you to deposit coins and all of them remain in the pool. So where does the exchange get the interest from? It must be lent to you in order to earn interest. The only thing that could have been done better would have been a more obvious reminder of the deposit location.
We always have to pay millions in handling fees every year. This account lasts for half a year, and it is only one account. Excluding the rebates, it is still a few million per year...