Zhao Changpeng (cz) sold his apartment in Shanghai for 7 million in 2014 and exchanged it for 1 million USD to fully invest in BTC, which was about 600 USD each at that time. It then dropped to 170 USD each, but by 2016 it rose to 960 USD each, and in 2017 it skyrocketed to 19,000 USD each. cz founded Binance in the same year. He Yi (Yi He) seems to have a better vision, as he recognized Zhao Changpeng, who was then still relatively unknown, back in 2014. That's right, he was the technical guy who once worked on Wall Street, later sold his house to trade cryptocurrencies and failed, and was then at a low point in his career. The rest of the story is well known. Binance's strategy has been to continually create new highs to reward token holders and to distribute 300 million USDC as compensation to enhance market confidence during user liquidations. And our strategy might be to not have my position liquidated when we want to expand our vision, allowing my profits to continue to run. #格局一下
$FORM Binance life has increased ten thousand times. As a beneficiary platform, let's not talk about a hundred times or ten times, but can we at least double it? The key position is still at the bottom 😁
The KGEN protocol aims to accelerate growth in the fields of artificial intelligence, DeFi, gaming, and consumer applications. KGeN provides real users and genuine business experiences through its POGE identity and reputation framework, as well as a decentralized micro-community network spanning over 60 countries. KGeN has completed three rounds of financing, raising $43.5 million, and has garnered support from well-known investors such as Accel, Prosus Ventures, Jump Capital, Aptos Foundation, Lightspeed, and Polygon. As of August 2025, KGeN has over 38 million users, 6.6 million monthly active users, and more than 200 revenue-generating partners, with an annual revenue of $48.3 million. It sounds pretty good, the location is also nice, let's buy and support it. #KGENUSDT
Ever since entering the cryptocurrency world, people have become more and more spirited, almost unable to sleep, no longer playing games, not participating in social activities, eating less and drinking less, and money is also decreasing.
After experiencing yesterday's Ethereum surge, I was liquidated short several times and finally witnessed the power of the trend. I have restructured my operating methods and hope that yesterday was the last time I was liquidated. 08/23 Rebirth
After two weeks of hard work, I went from 400 to 15000, and thought I had understood the way. As a result, I had a liquidation once, and felt so sad, thinking about it all night. Li Fomo said it right: never average down losses. Remember, remember!
It's a liquidation, feeling really bad. I reflected on it, and it should be that the contract multiplier is too high, increasing volatility makes it easy to get liquidated. It seems I can't go up to 75x, next time I'll try only 10x.
After operating with 1000cat and bonk, I found that if the position is too large, the mindset becomes poor, the nerves are tense, and it's very difficult to hold on. Therefore, the main strategy for the future market should be to operate with small positions and high leverage.