The group asked, what should I do if such a good market is full of USDC? No fomo's journey and financial management
From my personal experience, no matter whether it is a bull or a bear, the most feared thing is FOMO. After Trump $TRUMP made some money, I experienced a liquidation, and there were a lot of drawdowns, until I blew up on a series of launched memes on Boop, and only now that this good market has returned a little bit of blood
Floating profit is just a dream after all
What I did when the market was bad:
First, develop the habit of keeping a diary and taking notes. One or two sentences a day, you don't need to be right, review your gains and losses,
Second, increase your pipeline revenue, such as a new skill tree, learn how to live stream on @Sidekick_Labs, and research skills related to live streaming and video
Third, increase the proportion of their stablecoin holdings, gradually change from the previous $SOL-margined diamond hands to U-guards, and gradually denominate the U-standard in @Solana_zh
Fourth, I really want to get fit, but I really don't work out, I'm too lazy (XD
Some group friends also found out that I was always asking where the interest rate is high and where there is a place to save money a while ago, mainly because I lost a lot 😭 of money. And one of Sui's top lending projects, which has just launched Binance alpha@Scallop_io is a good place to manage money
By the way, Sui has been really awesome lately. Binance has supported a series of Sui's token listings in the alpha sector, the first of which is scallops
Leverage multiple lending platforms on Sui to manage revolving loans, the basic principle of revolving loans is to provide higher capital utilization and interest through the difference between borrowing interest rates on debit and credit rates
Here I'm looking at the veSCA subsidy mechanism on scallops. The more veSCA, the higher the reward APR of the token subsidy, so large investors can also consider using some funds to hedge mining, and if you calculate the short rate, APR 20%+ should be no problem, but considering the flexibility of funds, it is recommended to choose your spare money that will never be touched for pledge hedging
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