Calculating, I started trading cryptocurrencies in October last year with this account. However, back in 2019, I once made 10 million in the crypto world and held thousands of BCH at its peak. But in 2019, after the market crashed, I learned about contracts and basically lost everything. Later in 2020, I worked with OTC merchants, previously using Huobi's Dongfeng 84 strategic bomber. I had four or five accounts, and if you are an old-timer in the crypto space, you might have seen this name. I also made a lot of money back then, but still lost everything due to various reasons, which might be a reflection of many people in the crypto world! Then in 2022, I started to think through and understood many things, basically stopped trading cryptocurrencies, didn't hold onto spot, but at least my life is worry-free. However, in the past two years, I got to know a few major fund pool investors in the crypto world whose asset management exceeds dozens of targets. They all are under my name, with a daily trading volume of over 100 million dollars, which pushed me up to the top five in terms of trading volume on the exchange. Perhaps this is life; every time I encounter difficulties, there are noble people to help me. I hope you also have friends! Wish you good luck.
If calculated in terms of BNB, I started going long at around 1100, and when it reached 1300, Binance's real-time data showed a profit of about 70,000 dollars. Then it retraced from 1300 to a low of 570. Throughout this process of continuous trading, it ultimately showed a profit of 54,000 dollars around 650. Did I outperform the market or underperform it!
Explain the matter of Binance issuing over 600,000 in salaries. This is a requirement for the monthly commission of over 50,000 USDT in the transaction volume star competition, which means your average monthly transaction volume must be around 600 million dollars. This is an invite-only event, and it seems that the number of users eligible to participate in this activity at Binance does not exceed 200 people, so the general public cannot participate. However, there is a star competition with a lower threshold that basically anyone can join! But the rewards are not that high, it seems the maximum is only 3,000 USDT! $BTC
Binance has paid salaries, and the All-Star rewards for the second month have distributed over $90,000 and 640,000 RMB. Is there anyone who has more than me in the whole network, haha!!
I just took a look at the backend, and as of the 21st of this month, the trading volume has just exceeded $2.565 billion! The daily trading volume is 25.56×7=178.92/21=850 million RMB, and the commission received is 39.25×7=274.75/21=130,000 RMB. With this daily trading volume, in the Chinese stock market, probably 90% of stocks should not have a trading volume larger than mine, right? What we call 'the market maker,' I don't really know if I am one!
I am not sharing this picture to show off, but rather to splash some cold water on friends who are still struggling with altcoins, using the experience gained from this several hundred billion RMB trading volume. When your daily trading volume can exceed 100 million, you will have an almost pathological respect for 'liquidity.' In this circle, 'surviving long' is always harder than 'making a lot.' Many people are obsessed with the illusory dream of hundreds of times returns in altcoins, yet they fail to see the deep, bottomless slippage and the risks that can lead to zero at any time. Currently, I have several thousand spot BNB as a backup, and my contracts are steadfastly focused only on T. Every day I steadily earn several thousand dollars in profit and commissions; this 'certainty' is the moat of top players.
In the last 17 days, the trading volume reached 2 billion dollars, averaging over 100 million dollars a day. This is true top-tier Versailles. My personal trading volume even surpassed the 24-hour total trading volume of mainstream altcoins, frequently making it to the top three on Binance, a global top platform 😂 A human market maker, one person is like an army - currently, Pipp has cut losses and lost 10,000 dollars, and half a day's commission is gone! The one online holding a wine glass with CZ, when we shouted 'Zhao, let's do it remotely,' it also came from me; the videos posted by others are all plagiarizing my work.
Reduced positions! Starting to hedge with T! This drop has returned all the previous profits of 70,000 USD, and combined with the spot return, it should be around 150,000 USD!! However, the average daily rebate is close to 20,000 USD, with an average daily trading volume of about 140 million USD, already ranking in the top five trading volumes on Binance! These altcoins are just for entertainment!!! Because any altcoin cannot bear the orders I place, there is no counterpart to take them!!!
Has the profit threshold of Binance become so low? It has ranked 26th in the 24-hour profit ranking! A rebate of 37,000 U, ranked second in the entire network, and I borrowed to gamble in the future.
Why bet in person? Any random day can bring thousands in commissions. The all-day liquidity of many coins is not as large as my clients' trading volume. So who is the real mastermind behind these altcoins? Join the group and receive red envelopes! Reply yes to claim your red envelope.
Contract loss of 40,000 U, spot loss of 200,000 U. Binance at the Hong Kong conference on the 10th, aren't you coming to stabilize things? I can't take it anymore.