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I have a friend that is a trader like me, we talk about trading very well, but he told me something shocking today which let me think that trading is gambling for some people.
He is having business and earning almost $1000 monthly, he borrowed $1500 and he will pay $1800. He borrowed it to trade and lost everything within 3 days.
Also I noticed that he is addicted to trading but he said he is not. He told me that he will not make such a mistake again, but he wants to further learning more about trading.
I have advised him. He likes using stop loss and other things that he can use not to lose, but he still lost money anyway until he lost all the money.
When he wanted to borrow, the did not tell me, I would have advised him not to borrow the money.
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This has been the news that I am seeing online. Bitcoin ETF Inflows Surge Following $130M Coldcard Hack We saw bitcoin decreased, but just a little and it rose back just a little. But why are the news thinking the recent bitcoin ETF inflow could be as a result of the Coldcard hack? I know some people might sell their bitcoin and buy the shares of the ETFs instead, but what do you think is caused the inflow? Major U.S. funds managed by BlackRock, Fidelity, Grayscale, Morgan Stanley and others have received a total of $626 million in fresh cash following news of the hack on Friday, according to data from Farside Investors.
Some people are now afraid of self-custody. |
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I will be talking about the tokenized SPCX price, but I am also referring to the stock.
The all time high was $228, $114% is the 50% drop, but the coin has fallen to $110. The lowest price was $104 which it fall to a day before yesterday but increased to $130 yesterday and started falling and now at $110.
I think many people rushed in, bought the IPO and also bought when the coin was launched. They made almost 2x gain and dump the stock for now.
What could be the future of the stock and token?
Is the stock still overvalued?
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You all know what arbitrage betting is. If you you do not know what it is, that means you have not used the strategy to bet before, so no need to choose anything on the poll.
If you have used arbitrary strategy to bet on sport matches before and you were making money from it, which sport did you choose and made profit from?
In football, have you been making money from arbitrage betting?
I do not mean in one match, I am talking about a long period of time of several bets.
What I noticed is that the profit in arbitrage betting can be little, but the risk is higher than single betting without arbitrage.
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You have seen me posted about the use of low leverage, not using all the money in your exchange account to trade, learning trading psychology, averaging or grid trade up to certain level and not up to turning it into martingale which is used by poor traders.
I have also posted about trader should not only make risk management a practicality but also be good in financial management. Knowing not to borrow money to trade and also knowing the percentage of your income to set on trading which I think should not be more than 10%, but this still depend on how low risky you go while trading which should still be moderate.
Also knowing the right coins to trade because many coins are full of whales that you can not be better than as they will manipulate your money for their own profits, but you in losses. And also that some coins are too volatile.
Do you know that you can know all these and still not be a graduate in trading. Just test yourself, if you can do this 5 times, you are a trading graduate. Example is when bitcoin fell from $120000 to $100000 and your go on long position, if you are able to still make profit or only having a significantly little loss, that is when you have a trading graduate. Such volatile market will always come, be prepared and test yourself 5 to 10 times to call yourself a trading graduate.
It can be in swing trading. You can set stop loss if you want.
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Because of quantum computers threat to bitcoin security. I was thinking, he has been thinking about this before, but the recent Coldcard issue would have been what that initiated him to finally make up his mind. https://cryptobriefing.com/jim-cramer-sell-bitcoin-inverse-cramer/But many people are buying the dip instead. I think he makes a wrong decision. But it is his bitcoin, he can do whatever he likes to it. I did not know when he bought bitcoin, why publicly announced that he is selling. Bitcoin all time high in few year to come. |
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After you have seen yourself as a very good trader, that has graduated from the newbie trading, you set trading plan, you achieved it and used it to be making money, but later overconfidence become the start of greediness, you increase leverage and later it started with small losses from stop loss before it will later be followed by not using stop loss that you think is helping you and you lose all the money on your trading account.
All these things are interconnected, work on your emotions by trading with the amount of money that you can afford to lose. You can average but do not go for martingale and trade just good coins like bitcoin.
Stop loss is not what make you to be a good trader, it is about how you are able to manage your emotions by not disobeying your own trading rules/plans/strategies.
Most traders are saying use stop loss, do this, do that but emotions from a single or two bad positions set the bad emotions that easily caused trading assets liquidated.
Trading is all about patience.
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I would have posted this under exchanges, but I think I may get the right answer here on the trading discussion board.
I have some coins on Binance which I recently put under portfolio margin, I noticed that the amount that I can use to trade is more than 3 times lower than my assets value.
Assuming I have $58 on the portfolio margin account, I only saw $17 to trade with which I think does not making sense.
Or is there something like I do not get right? Like a place I can increase the percentage.
If I want to trade with most of the asset, it has to be a stable coin backed by fiat.
I am not implying that I should see the while $58, but I supposed to see up to $48 that I can use to open a position. $17 to open a position from $58 is too small.
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Who knows if the altseason will even come. They said the pump will be on selective coins. Is that not what this means? With institutional activity concentrated in fewer tokens and fading faster after price surges, the findings suggest future altcoin rallies could become narrower and more selective. If the coins are selective, there is probability that it will not lead to an altseason. But I am very sure that the investors will shift from one coin to another pumping and dumping them like altcoins have unlimited supply. I do not believe in this speculation. |
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Who knows if the altseason will even come. They said the pump will be on selective coins. Is that not what this means? With institutional activity concentrated in fewer tokens and fading faster after price surges, the findings suggest future altcoin rallies could become narrower and more selective. If the coins are selective, there is probability that it will not lead to an altseason. But I am very sure that the investors will shift from one coin to another pumping and dumping them like altcoins have unlimited supply. I do not believe in this speculation. |
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On Binance and Hyperliquid, the perpetual future trading volumes for RWA got to 99.2%, this shows how RWA have been the increasing in perpetual trading volume. https://www.spendnode.io/blog/rwa-perpetual-futures-bitcoin-volume-hyperliquid-binance-july-2026/But did you know what I am thinking which you might also be thinking, there are several of them, but bitcoin still has 0.8% trading than all of them combined when the trading volume was reported at their peak. Another thing people should consider is that they should better make research on the asset itself before going investing, although this is about trading. |
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The recent in was Pavel Durov arrest warrant by Russia, now followed by Australia's online safety regulator, the eSafety Commissioner said videos of terrorist executions and mass shootings weren't removed from Telegram after they were reported. Telegram facing a lawsuit Telegram is facing a possible AU$54.6 million ($38 million, €33 million) fine in Australia as a regulator said on Thursday the messaging platform failed to remove terrorist content despite warnings. https://www.dw.com/en/australia-telegram-faces-legal-action-over-failure-to-remove-terrorist-content/a-78167487I hope this will not have effect on Gram. |
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Have you noticed while trading that some RWA tokens are almost always of zero funding rate? I have been following XAU (a gold derivative), XAG (a silver derivative), MSTR (Strategy derivative) and CRCL (Circle derivative).
I noticed their funding rate is always zero which is very good. Is there a good explanation for it?
I have noticed this for days now and still zero funding rate. I can decide to amhikd them for long and not think about any funding rate deduction.
Edit: the funding rate are not always zero all the time. This is what I have found out.
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I am only asking traders that know about these accounts. If you do not know about it, you can read about them online. Since I have been using unified trading account exchanges, I prefer it to both single and multi asset modes.
I want to know the opinion of other traders. Which one did you prefer the most? You can also give the reason you like one over the other.
The reason I like unified trading account is the easy of trading and it supports more coins that you can have on the exchange, trading with them without no need of trading with stable coins if you want and no need of moving the moving from one account to another.
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On exchanges 1, it is 2.5% per year.  It is 3.89% per yearnon exchange 2.  Assuming I have $1500 of bitcoin and I borrow $3500 with it. I will pay $136.15 yearly. It is 0.00052% on exchange 3.  Which look small but let us do the calculation. 0.00052÷100×24×365×3,500 $159.432 yearly I know I should go for exchange 1 which is $87.5 yearly. You can see they the charges are different which means traders should compare exchanges before going for margin trading, but just only reputable exchanges should be used. My main question is that I noticed the funding rate on the exchanges is changing, what if the price of bitcoin is increasing significantly, will the exchange increase the charges? |
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It has been long that we have seen people X accounts got hacked by scammers to promote their scam coins, it usually happen on X almost every week before until things later changed. Robinhood is now into crypto business. Its CEO Vlad Tenev’s X account promoted fake “VLAD” memecoin, posting what appeared to be a malicious token contract address. Which means the X account was compromised. Onchain monitor MLM later reported that the hackers exploited approximately 650 Ether (ETH), worth between $1.2 million and $1.3 million, a finding that was also shared by Wu Blockchain.
https://cointelegraph.com/news/robinhood-ceo-x-account-hacked-in-apparent-memecoin-scam?utm_campaign=rss_partner_inbound&utm_medium=rss&utm_source=rss_feedI think people should be discussing about how this can lead to scam. |
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The first that I read recently about was Galaxy capital which I read about two days or of few days ago. Galaxy launches Bitcoin quantum computing initiative, commits up to $5 million in developer grants https://www.theblock.co/post/409129/galaxy-bitcoin-quantum-computing-threat-initiativeBut there is another one that I am reading now, BlackRock, Coinbase, Strategy and six other Bitcoin companies have pledged a combined $15 million over three years to fund network security work, including defenses against future quantum computers. Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets and Galaxy Digital are also founding members of the newly created Bitcoin Security Consortium, which brings together asset managers, exchanges, custodians, infrastructure providers and corporate Bitcoin holders, Strategy revealed in a Thursday press release. https://bitcoinfoundation.org/news/bitcoin/blackrock-coinbase-join-15m-bitcoin-quantum-push/That is the best link that I saw about it which can make you understand it better. What I can learn from this is that bitcoin has gone a long way, bitcoin is what many companies are concerned about now. |
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You know that Kazakhstan is one of the countries that have high numbers of bitcoin miners, the country is the fourth to fifth largest after United States, Russian and China. The Kazakhstan government will offer large crypto mining companies electricity at capped rates for ten years in exchange for transferring part of their mined assets to the state at no cost. It means crypto miners will receive electricity from the country power plant directly, but the miners will in return be sending part of their mined coins to the Kazakhstan national crypto reserve. If you want to understand it more, read it on https://en.orda.kz/electricity-in-exchange-for-crypto-kazakhstans-new-mining-strategy-explained-10980/Gradually more countries will have bitcoin reserves. Hold your bitcoin. |
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