To be free from worries about basic needs is already a blessing bestowed by life; if one's body is healthy and free from disasters, it is even rarer good fortune. Besides this, those extra possessions and opportunities are merely embellishments. #BTC #ETH #solana #bnb
Why is the cost-effectiveness of shorting poor (Cryptocurrency Circle Popular Science)
Shorting at the top (shorting in the market/individual stocks/futures at high levels) has a poor cost-effectiveness ratio, mainly due to the asymmetry of risk and reward (risk-reward ratio is extremely poor), specifically reflected in the following aspects: 1. Market top characteristics: easy to rise, difficult to judge the top + very short time. Statistically, the time spent in a low position (bottom) for markets/individual stocks/futures is much longer than that at a high position (top). For example, A-share historical data: undervaluation range (cheap) often lasts for several years, while overvaluation range (expensive) usually only lasts for a few months or even weeks. This means that it is difficult for you to accurately catch the 'true top', often 'touching the top' during an upward trend (false top), resulting in a continued rise.
On this journey of life, as we walk, we will find that it is really hard to go far relying solely on our own strength. Sometimes we feel like we are groping in the fog, and at such times, if we can have a few people by our side, the circumstances will be very different. #BTC #ETH #solana #bnb
When comparing $BTC to gold as a means of storing value, a fundamental difference emerges in the age of digital technology. The transferability of Bitcoin makes it more than just a digital version of gold; it is a dynamic monetary network that gold cannot compete with. According to experts, the real evolution of BTC lies in its being a platform for innovation, development, and learning, unlike gold, which remains static and whose role in trading is limited to merely storing value. The solution of layer #BuiIdonBitcin #BOB is the core technology that enables this evolution.
When comparing $BTC to gold as a means of storing value, a fundamental difference emerges in the age of digital technology. The transferability of Bitcoin makes it more than just a digital version of gold; it is a dynamic monetary network that gold cannot compete with. According to experts, the real evolution of BTC lies in its being a platform for innovation, development, and learning, unlike gold, which remains static and whose role in trading is limited to merely storing value. The solution of layer #BuiIdonBitcin #BOB is the core technology that enables this evolution.