乔治本周期合约认输

Recently, I've been trading in the real market because a few days ago I topped the weekly ranking on OKX and the monthly ranking on Binance. Many newcomers want advice or operational methods, so I summarized it directly to save everyone from asking.
The most sincere advice I can give is: Stay away from contracts! Whoever drags you into trading contracts is like killing your mother!
Contracts are not for newcomers; if newcomers trade, they will undoubtedly perish and be crushed to pieces! Even if you make a lot in the early stages, you will pay it all back. Once it becomes an addiction, it’s a bottomless pit!
Men borrow online, women sell! Families break apart, homes are destroyed!
The logic is: exchanges, big players, and manipulators are watching your positions to trade!
Even if you win once by chance, you cannot win every time; you will definitely lose in the future!
This is why the people on the leaderboard need to change every once in a while because the predecessors are all dead.
Yes! They are all dead.
I have survivor bias; yesterday I lost over 2 million dollars.
After you read the above, if you still really want to enter the cryptocurrency space.
Suggestions:
1. Read and understand the works of Duan Yongping and Buffett as the foundational logic.
2. TikTok: Jiang Yufei, Sea Cucumber Brother (you can listen to some of their insights) to understand some basic business logic.
Then: understand the current cycle.
For example, now we are in the middle-late stage of a bull market, just a slight tremor away, once it shoots up, it's goodbye. Everyone is struggling to make big money; when smart money is forced into trading contracts and gets harvested, you come in and not die, then what?
Now is the learning phase.
Go through these basics and spend some time on it....
With very little capital, you can experience the so-called rwa and predict the bull market.
Only when you truly feel you can understand and profit in this market, should you enter again.
And follow these principles:
1. Do not trust everyone, including big shots, industry leaders, professors, KOLs; they are all garbage! Including myself! They might just be good at making money, riding the wave, but their character might be worse than a dog!
2. Keep learning, and independently trade, understand, and operate. Never entrust your money to anyone; if they have the ability, they would do it themselves.
3. Persist in the market, patiently waiting for that moment to invest heavily when wealth comes, and learn in advance how to preserve your wealth after getting rich.
No matter how difficult it is, and even if the future is unclear, never give up on learning!
Only understanding and logic can get you to shore; no one else can!

I can only eat the money of trends
I can't eat the money of technology
For the current market, I can't fight, I concede!

🏆To the best trader, George expresses heartfelt thanks to friends at the plaza!.
Especially under the circumstances where I have been performing poorly recently, everyone still voted for me as a friend.
Additionally, here’s a detail to share:
Before going up on stage to receive the award at the BBW venue, the area we were sitting in was full of traders. It seemed like no one had much experience with receiving awards; perhaps most people, like me, come from humble beginnings and have average education. Watching others speak fluent English, we exchanged glances.
So, the friends who won awards together encouraged each other, and even if we didn't speak well, we had to be loud! We can't lose our momentum!
So one by one, everyone went on stage to receive their awards, cheering each other on! I feel that this moment of mutual support is even more touching than making a profit!
Usually, we are competitors, but at this moment, we are one!
Friends, if there is a next time, I hope we can all be more chill and come on stage with better profits!

Here are some thoughts from our chat to share with everyone:
1. Luck is more important than personal effort, especially when the industry is on the rise. Let go and let the industry push you forward! When the long cycle is declining, focus on position management!
2. Maintaining your figure and being fluent in English are achievable through effort, and are things that ordinary people can attain without relying on connections! They will ensure your thoughts are clear and broaden your horizons! Think about how Sister Yi maintains her figure and fluency in English; if she can do it while being so busy, why can't we find the time?
3. Each top trader has different strategies, but they all have their own logic, which is very important! You must explore various methods to form your own system!
4. Stay away from toxic people and things; focus your attention on what can help you keep improving!
Strive to be a lifelong learner!
DORY～

The vote resulted in this, quite unexpected, thanks to the brothers who voted.
Also, thanks to Binance for covering the business class tickets and hotels to take everyone out to play, but I was on the plane, just finished my order, and when I tried to open it again, they told me I couldn't open it in the area I was in, damn it...
When I landed, I could open it again...
Binance's contract system is really stupid...
I have to communicate with customer service to be able to open an order...
I never want to communicate with Binance customer service in my life...
As long as there is communication, it must be my problem, and has nothing to do with Binance.
I admit defeat.
Willing to gamble and accept the outcome! Damn it...

You said, damn it, if the stop-loss point is not here, will it continue to drop further? I don't know...

Today I'm an idiot, hmm

Big idiot

Got carried away

Gambling addiction flared up, still not serious

This farm was definitely fucked in the ass by a dog when I was a kid

Opened 10 million dollars, I split it up, when it's flat it runs fast, and I learned a lesson, when liquidity is low, don't open too big, even recently don't exceed 10 million dollars
Easy to get sniped

Very accurate, market fixed point
Loss of 130,000
Admit defeat

Damn it, beastly dog farm, fuck
As soon as it opened, over a hundred thousand dollars disappeared.

I don't know what kind of mentality it is to keep saying that I just got liquidated...
Although the position I opened now is very small, and there isn't much money in this account, but it's still not a problem to cover my meal expenses.
Cautious and prudent, like walking on thin ice, hmm.
Take it slow, exchange time for space.

Many people have been questioning why I don't short, even teaching how to short, claiming it can make a lot of money.
Don't I want to open a short position of 100 million dollars when the price is at 12600 and just wait?
My personality leads me to believe, even when the evil of human nature is vividly displayed here.
I love crypto, I absolutely love it, and it has changed my life; I am infinitely bullish.
Maybe in the next cycle I can learn to short, but in this cycle, I haven't learned yet.
I can only earn a little living expense in areas I am good at, and I don't want to touch areas I am not good at.
I am still examining the market as much as possible and understanding myself.
I hope everyone is not affected by haters and trolls; just do what you are good at. We have plenty of time, and we can wait for our own opportunity to act without needing to explain to others or prove anything to them.
Recently, opening positions is just because Grayscale and BlackRock have started working, plus waiting for a government opening benefit. So, I continue to work.
The big account has been banned, and when I truly feel it is the bottom, I will go all in to capture the big cycle; George's small account is just to feel the market and for entertainment.
I know that even if I have 10,000 dollars, as long as I have enough time and stay calm, I can earn decent profits in this market.
Trading coins is just about time, space, and events.
First, determine the main tone within this time, and then judge the upward and downward space of each currency, adjusting the position weight according to different event situations.
It sounds pretty simple, but in practice, it is really difficult.
In the last wave, I suffered a lot, and my corpse has been on Binance's dead list since then. Hahaha, it's quite funny, but it also taught me a lesson.
Also, remember not to get too emotional; the big brothers I knew who went down are all similarly emotional. Maybe the feeling of being emotional is too enjoyable. Looking back at August, opening 70-80 million dollars in Ethereum now makes me think, if I don't die, who will?
If I am wrong, then there is nothing to say, it's just that I deserve to die!
That's all, the market won't be wrong, the only one wrong is ourselves!

Outside are all beasts, inside are all smart money, so the difficulty is relatively high.

The market is bearish, so there will be more time, so I want to exchange time for some certainty.

I didn't leave the form because I was too excited at the time, so when it turned into spot, it felt very disgusting to hold it. I remind myself not to believe in any project party.

Didn’t hold steady, tried to steal a chicken and ended up getting beaten, just wait a bit longer

Yesterday I was lucky, something feels off, the margin is greater than the opening position, it's equivalent to spot trading that didn't lead to a loss.

Every time I get a needle, it takes a long time to recover and is constantly accompanied by needles.

Stay away from contracts!
This is for professionals to hedge, not for us retail investors to play with; it can be deadly!
I will continue to meme, and I won't post anything related to memes anymore, it's annoying to be called a retail investor.
Not many project teams can afford my retail investor status.

I really despise high leverage now; opening high leverage makes me feel nauseous.

Previously transferred some to meme meme to give back to open a hand of eth
If there's a loss, just leave, never hold on to a position!

What you see is what you get. Recently, the contract status has disappeared, and I've been learning to create memes with my friends. Binance has newly launched the platform 'mmerush', so I joined 'memerush'. My goddess sister likens trading cryptocurrencies to cultivating immortality, so I joined 'cultivation'
(This does not constitute financial advice)
However, I feel that memes are very interesting; they can be used to spread materials or ideas.
Still learning!

Recently, brothers who have recently blown up their accounts, don't feel bad. If you feel bad, just look at me. George's Binance account has blown up with 5 million USD.
Also, the OKX account has lost about this amount, not much less. Overall, George has lost over 9 million USD this week.....
Converted to RMB, that's 63 million RMB.

How much have you lost?
Is it worse than George's situation?
So, no matter what, you have to have confidence in yourself!
No matter how much you lose, you are much better than George!

If you can make money through spot trading, scalping, hoarding coins, etc., then don't touch contracts. Contracts are just spending money to buy happiness!
Remember this, friends!

Thank you for the comfort and sarcasm. Actually, there's nothing that needs comforting, and the sarcasm doesn't matter either because it happens every now and then, just with different amounts. This time, it was just that the real account was seen by everyone and I lost face.
A full 45 days of real trading, and after calculations, the profit was only less than 700,000 US dollars.
The 5.5 million US dollars profit from the real account was drawn down by 4.8 million US dollars.
The OKX account was better, so I took a few orders.
Always believe in yourself, always have tears of joy, and always continue to move forward.