Day 9 of薅ting #inj . If I don't understand something, I'll stop. Fight or flee or freeze—this genetic memory etched into the human brain, how many times must we go through it before we handle it effortlessly.
During my 36 days and nights at Binance, I gained trembling hands, the courage to kick, and the kindness of strangers 🥹 I am grateful for everything I have, thankful for all the arrangements 🙏 May my friends be abundant, prosperous, healthy, and vibrant, and maintain positive energy. ❤️ #2025WithBinance 😘
Study Notes - Candlestick Patterns: What are Upper and Lower Shadows?
The main components of candlesticks, 'bullish candles (green bars)' and 'bearish candles (red bars)', are not fixed. Depending on market trends, bullish and bearish candles can exhibit different forms, such as: upper shadows, lower shadows, large bullish candles, large bearish candles, and so on.#skysnotes
Today, a friend asked: What is the point of buying contracts? Personal opinion: The essence of contracts is to earn the most profit with the shortest time and the least amount of capital. The biggest difference between contracts and spot trading is leverage. When you are confident about short-term trends, using leverage can increase capital efficiency, so the take-profit point for exiting profitably becomes particularly important. Due to the characteristic of leverage amplifying profits, cryptocurrencies that experience larger fluctuations in the short term are more worthwhile for contracts. In the case of a bullish or bearish outlook over a long period (such as half a year), one should buy spot. Points to pay attention to in contract investment: 1. Is the volatility of this cryptocurrency (intraday price fluctuation) sufficient? 2. Is the hourly fee for this cryptocurrency too high? 3. When placing an order, a stop-loss price must be set to avoid significant losses. 4. Do not treat contracts as the first choice. In cases of holding overnight, prioritize spot trading.
The above is a personal opinion, and everyone is welcome to provide guidance in the comments. $ETH
Using a 123u margin to earn 5u in 2 hours, very satisfied. Thanks to friends in the crypto circle for teaching me new things, and thanks to Tie Ge's live broadcast room for its inclusive atmosphere. @四大铁律 @墨染123