Taking a break today, waiting for a wave of bullish momentum from the interest rate cut. Once it rises enough, I'll short from the top. Last night, I closed my Ethereum position below the support line. I originally wanted to go long but didn't dare to—felt like it would be more of a gamble. Didn't expect the rebound to be so strong. It's my sixth day as a rookie trader—watching and learning more, trading less.

I panicked last night and acted impulsively, directly opened a short position at the market price of 90500, and set a stop loss at 91500 which got triggered. So I shifted my focus to ETH, that softie. The MACD indicator had a death cross, so I decisively chased a short-term short position. It was a close call, but not a losing day. Still need to stick to my original trading principles 🙏🏻. Don’t be afraid of missing an entry; just be wary of getting in at a bad price. Impatience truly gets you nowhere 😓.

USDD's Smart Allocator has generated over 7.14 million in real profits within just 6 months of launch, averaging a steady 1.19 million contribution each month. Meanwhile, USDD's total minting volume has reached 630 million, and the overall TVL has surpassed 678 million. Since its launch, USDD has been steadily progressing upward, with transparent assets, real profits, and a low-risk model. Steadiness, step by step, is its greatest competitive edge! @justinsuntron

Placed a short order at 93000, bless me

When my older female cousin first started middle school, she was often bullied by high school girls. Besides that, she also experienced betrayal, having her secrets spread, being laughed at behind her back, and being isolated. This made me think that as long as I don't make friends, there won't be any trouble. I've always felt fearful about interacting with girls, and during this process, my social skills gradually declined. Talking less has become one of my biggest shortcomings—fewer things to deal with, but also fewer friends. I guess it has its pros and cons.

Some netizens have really good results, otherwise it would be a constant battle between the left and right brains 🥹. I just went through the comment section and found it very insightful. The purpose of high-frequency trading with small capital is to roll it into larger funds for long-term positions, and I totally agree with this. Although the two can coexist, watching the market for long periods makes it easy to be influenced by market noise. So, if you have more capital, it's better to go for long-term, and occasionally use a small portion for some fun trades. No matter what, the cousin will

When is it generally time to fully exit meme coins? When the project team says they're going to work on application empowerment, it means they've run out of ideas.

The conflict has begun

Often show affection with the Principal on Twitter, but I didn't expect my first dose of "dog food" in the crypto circle to be delivered by CZ and the First Lady 🙈

Today I read articles by Huangguamao about intraday trading being a scam, by Paul about high-frequency trading, and by Mining Penguin about combining the two strategies. The conclusion is that everyone made money using different trading strategies. To summarize: there is no absolutely foolproof strategy; it depends on who opens a position at the right time and the right price point. For example, weekends have poor liquidity, so it's not suitable for trading—my cousin hasn’t opened a position for two days either. Patience is also a position 🙏🏻👍

Tether currently holds approximately $9.9 billion worth of BTC, and its gold reserves are as high as $12.9 billion. The total current reserves are $181.2 billion, with liabilities of $174.4 billion, leaving a buffer of $6.8 billion. So here's the question: if the prices of these two assets simultaneously drop by 30%, Tether's excess reserves of $6.8 billion would be wiped out. In this situation, selling off BTC might be the best course of action. Could this also be one of the catalysts for a bear market?

I've been thinking about a question recently: For someone with plenty of time, which is more cost-effective—high-frequency trading with a small amount of capital or holding long positions with a large amount of capital?

In the crypto world, a 20% drop is called volatility, a 50% drop is called a correction, a 90% drop is called a shakeout. A 1% increase is called taking off, a 10% increase means the bull market is back. I heard that in stock trading, if it drops by 10 points, it's like the sky is falling?