Often show affection with the Principal on Twitter, but I didn't expect my first dose of "dog food" in the crypto circle to be delivered by CZ and the First Lady 🙈

Today I read articles by Huangguamao about intraday trading being a scam, by Paul about high-frequency trading, and by Mining Penguin about combining the two strategies. The conclusion is that everyone made money using different trading strategies. To summarize: there is no absolutely foolproof strategy; it depends on who opens a position at the right time and the right price point. For example, weekends have poor liquidity, so it's not suitable for trading—my cousin hasn’t opened a position for two days either. Patience is also a position 🙏🏻👍

Tether currently holds approximately $9.9 billion worth of BTC, and its gold reserves are as high as $12.9 billion. The total current reserves are $181.2 billion, with liabilities of $174.4 billion, leaving a buffer of $6.8 billion. So here's the question: if the prices of these two assets simultaneously drop by 30%, Tether's excess reserves of $6.8 billion would be wiped out. In this situation, selling off BTC might be the best course of action. Could this also be one of the catalysts for a bear market?

I've been thinking about a question recently: For someone with plenty of time, which is more cost-effective—high-frequency trading with a small amount of capital or holding long positions with a large amount of capital?

In the crypto world, a 20% drop is called volatility, a 50% drop is called a correction, a 90% drop is called a shakeout. A 1% increase is called taking off, a 10% increase means the bull market is back. I heard that in stock trading, if it drops by 10 points, it's like the sky is falling?

Today I learned a curse: "Your mom giving birth to you was basically a detox for her." Who would this apply to? 🤔

HTX ranked first in net inflow over the past month: $8.53 million in the past 24 hours and $577 million net inflow for the month. This growth momentum is still continuing... KEEEEEEEEP BUILDING @justinsuntron #TRONEcoStar

I forgot to bring my laptop when I went out today. Judging by the current price, the market is fluctuating downward, but it seems there might be a wave of positive news from interest rate cuts? My cousin still insists on shorting at highs and looks for entry points to short during rebounds.

Although it was a supplementary donation, the overall prediction direction was correct.

A group member randomly picked a point to short and made a profit, while the cousin who placed a limit order didn't get filled and said ETH being "impotent" is indeed true—it couldn't get "hard" even for three minutes. The limit order was at 3250, but it only rebounded as high as 3225. 😵

I'm planning to visit Harbin next month. My super cautious cousin bought a warm North Face jacket. I checked the label and saw it was made in Bangladesh. I thought it was a fake at first, but after looking it up online, I found out Bangladesh is actually one of the top three textile manufacturing countries in the world?? Some products from Uniqlo, ZARA, H&M, Adidas, and Nike are actually made in Bangladesh too. I admit, I had some bias against Bangladesh 😂😂😂

Sat in front of the computer all day studying technical indicators. Both BTC and ETH are undergoing corrections. I didn't catch the short positions. Losses often result from impatience and greed. I'll just take today as a lesson in tempering my mindset.