The ability to trade corresponds to the cost
Take the recent @SaharaLabsAI as an example, my cost advantage is quite good, 0.06 new hits, just sell directly at the opening.
I just saw that everyone was in shill, and then I felt that it was almost down, and I could buy the bottom and start buying.
Afterwards, I learned that I was the only one who bought "real money" and belonged to the water army, and many people were shouting orders 😭 from Hiroko.
In the end, it became, I believed the story, I bought, they made up the story, they took the advertising money and chose to sell, and then we all got our own things 😮 💨.
Fortunately, I took the opportunity to stop my loss and sold the few remaining $SAHARA at the lowest point.
Many people in the Guochao group are also saying, can you tell whether you are really optimistic or advertising, in fact, it doesn't matter, only if you buy it, you will be optimistic, after all, you are responsible for 😭 your own position.
In the future, the exchange will still play less of these, and recently the exchange spent money on the chain to make money, and I didn't bring a single point home.
The main thing is that the cost does not correspond, the cost is not the same, and the trading method is not consistent, you can't let 0 and 1 do the counterparty.
This circle is still suitable for small and big play.
The trading system that Mr. Wu said is indeed honed as soon as possible, anyway, I don't have a system so far, it's all XJB play, and I still have the reason to open long and short: I want to open.
And on-chain it became: I like it.
So it's really only suitable for "rolling dice" gameplay, and hitting one will cover other costs.
Go to bed, good night everyone.
No matter what track you are on, in essence, it all comes down to trading ability.
Recently, I've been reflecting on trading, and I often see cases around me: people who have accumulated deep stacks through yield farming, only to lose it all in trading.
Whether it's in the secondary market, on-chain, or yield farming, it is essentially all trading.
Yield farming also requires calculating odds and controlling maximum losses; the only difference is the way you place your bets. As long as you are still at this table, your trading ability is being tested at any moment.
Many people mistakenly believe that the money earned from yield farming is a safety net. However, when your stack becomes deep and the size of your bets increases, while your trading logic has obvious flaws, the speed of your losses can be ten times faster than when you are making money.
In the end, the amount of money you get stuck with in a single trade may exceed what you earned from yield farming over the past few years, especially in those traps where you get stuck with altcoins and refuse to cut losses; almost everyone has stepped into these, and they are just basic trading pitfalls.
This is very similar to the logic in poker; in the early stages, you play at the 10/20 level, and after continuously accumulating your stack, you move up to 500/1000. If at this point your strategy still has obvious flaws, you will be in a state of being exploited for a long time without realizing it, and a single loss can exceed what you won in the lower stakes over a year.
Even if you can't make money through secondary trading, it is still very necessary to learn trading skills, as this can at least help you avoid basic pitfalls in trading.
And these trading logics are best refined before you accumulate a deep stack; otherwise, it is easy to lose a lot of money in basic pitfalls.
As the saying goes, it's better to suffer losses early; after middle age, stepping into big pitfalls is something you can't afford.
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