Ghostrader19

Spring Festival Giveaway at Binance Square! Join the Chat Room to Share Joy! Red Envelopes are Coming 🧧🧧🧧
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When you know the ending, the journey matters most.
When you don’t know the ending, the ending matters most.
When you don’t care about the ending, the present matters most.

$BTC CZ responds to market doubts: denies allegations of Binance causing October's crypto market crash

In response to the approximately $19 billion forced liquidation that occurred in the crypto market in October this year, Binance founder Zhao Changpeng (CZ) recently made a public statement denying the accusations that "Binance caused the market crash" and stated that these claims are "tenuous and lack factual basis".

CZ indicated that some opinions simplistically attribute the market's violent fluctuations to a single exchange, which misinterprets the complex market structure. He emphasized that the drastic price swings at that time were due to multiple overlapping factors, including concentrated high-leverage positions, liquidity contraction within a short period, and a rapid reversal of market sentiment, rather than the active behavior of any single platform.

Regarding user complaints about price discrepancies and system issues, CZ also provided explanations. He acknowledged that under extreme market conditions, the platform did experience technical pressures, but these issues do not equate to "market manipulation". To this end, Binance has compensated affected users approximately $600 million to cover losses from abnormal trading and system failures.

CZ further pointed out that the forced liquidation mechanism itself is an inherent risk of leveraged trading. When a large number of high-leverage positions simultaneously trigger risk control rules, it is difficult for any large platform to completely avoid a chain reaction. He called for the market to view risk management issues more rationally, rather than seeking a "single culprit" after volatility occurs.

Overall, CZ's response attempts to shift the focus from emotional blame back to the market structure and the risk itself, while also indicating that Binance is willing to take responsibility for system issues, but refuses to take the blame for the overall market decline.
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The most tragic platform collapse in history! MT.Gox lost 850,000 assets
Complete details have been updated on the homepage, looking forward to your review

#门头沟 #BTC #ETH #Web3

88.8🧧Recently, there has been a lot of discussion about silver, and the skyrocketing prices have made many people feel FOMO, thinking that if they don't get in now, they will miss their chance.

As an old trader who has been in the market for years, I just want to repeat the harsh truth: never gamble outside your circle of competence, or you will become the best exit liquidity for the opposing side.

1. This is someone else's home court

Many friends who play with cryptocurrencies are used to decentralization, used to looking at project teams and on-chain data. But in the traditional precious metals market, the rules completely change.

Think the leverage isn't high? A single announcement might multiply your margin several times, forcing you to be liquidated while you sleep.

Think buying physical goods can preserve value? During a panic sell-off, the goods you hold may not even have a channel for liquidation, and liquidity can drop to zero in an instant.

For those in the crypto space who are unfamiliar with futures rules, these operations are simply a dimensionality reduction attack. Attempting to arbitrage silver with the logic of trading cryptocurrencies is like trying to play soccer with basketball rules, where the referee is from the opposing side; how can you win?

2. Beneath the hype, there must be a scythe

There is an iron law in the financial market: when even the aunties at the vegetable market and completely clueless retail investors are discussing a particular asset, it is often when the main players are preparing to exit.

Who has fueled the current heat of silver? Are those soaring messages really the wealth-building truths meant for you?

Clearly not. They are meant to create anxiety and to deceive enough liquidity from the high positions where there is a lack of liquidity. The main funds need enough people to rush in and take the goods when they want to withdraw. Who goes in to take it? It's those who see it trending but rush in blindly without understanding the rules.

3. Stay within your circle of competence

Making money in the crypto space is because we understand the emotions here, the technology, and the narratives. But stepping out of this circle and facing a traditional market that has been highly controlled for decades, we become the harvested leeks.

Don't let anxiety over missing out drive you, and don't be envious when you see others making money. In this market, surviving longer is more important than making quick profits.

If you can't understand the underlying games of that market, or the complex delivery and risk control rules, then please control your hands.

Don't let the hard-earned principal turn into someone else's successful exit liquidity. #白银 $BTC

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$SOL
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The largest holder of Bitcoin is actually
Sharing an interesting piece of data
The Bitcoin held by the US spot ETF has reached 1,104,534 coins, exceeding Satoshi Nakamoto's 1,100,000 coins.

At this moment, the largest holder is no longer the elusive #美股七巨头财报 #币安将上线特斯拉股票永续合约 #美国伊朗对峙

$BTC
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$BNB
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Sister, you are born to be a financial person.
Today, I must speak some truths.
In the game of finance, courage is just the entry ticket; brains are the permanent VIP seats.

1. Market restless? Sister's pace is as steady as Bitcoin mining.

While others chase highs and cut losses, Sister is drawing trend lines and calculating resistance levels;
While others are anxiously missing opportunities, Sister's dollar-cost averaging strategy has been automatically executing for the third year;
Remember: Impulsiveness is the most expensive consumer good in candlesticks, while discipline is the free armor to survive bull and bear markets.
2. "Going all in" is the romance of retail investors; in Sister's dictionary, there is only "allocation."

Position management is not about fearing losses, but about living longer and earning steadily;
Bitcoin fundamentals + potential altcoins exploring + stablecoins being agile = Sister's trinity strategy;
When the market is crazy, remember to ask yourself: "If I lose everything, can I still have a good meal tomorrow?"
3. In the era of information explosion, Sister only gnaws on the 'hard dishes.'

Not looking at the technical architecture of white papers? Then you are just gambling with code names;
Macroeconomics, on-chain data, sentiment indicators… Sister's decision-making list does not include "what netizens say";
The truth is: the market never lies; it's the interpreters of the market who always deceive.
4. Female perspective? That's Sister's alpha return.

Delicate risk-sensing + calm position patience = undervalued superpower in the market;
High heels and candlestick charts are not in conflict at all; swaying skirts can still understand the Federal Reserve's interest rate cycles;

5. Heartfelt words for the sisters in the square.

You can love the elegance of Chanel, but you must also understand the disruption of blockchain;
Account balance is more worthy of your careful allocation than lipstick colors;
Remember: Economic independence is the ultimate luxury for contemporary urban women.
Sister adds one last line:
Bull markets are not lacking in myths, and bear markets are not lacking in jokes.
A true financial person is someone who can write their own script in any cycle.

#美股七巨头财报 #币安将上线特斯拉股票永续合约 #美国伊朗对峙

$BTC
{future}(BTCUSDT)
$BNB
{future}(BNBUSDT)
$SOL
{future}(SOLUSDT)
Sister, you are born to be a financial person.
Today, I must speak some truths.
In the game of finance, courage is just the entry ticket; brains are the permanent VIP seats.

1. Market restless? Sister's pace is as steady as Bitcoin mining.

While others chase highs and cut losses, Sister is drawing trend lines and calculating resistance levels;
While others are anxiously missing opportunities, Sister's dollar-cost averaging strategy has been automatically executing for the third year;
Remember: Impulsiveness is the most expensive consumer good in candlesticks, while discipline is the free armor to survive bull and bear markets.
2. "Going all in" is the romance of retail investors; in Sister's dictionary, there is only "allocation."

Position management is not about fearing losses, but about living longer and earning steadily;
Bitcoin fundamentals + potential altcoins exploring + stablecoins being agile = Sister's trinity strategy;
When the market is crazy, remember to ask yourself: "If I lose everything, can I still have a good meal tomorrow?"
3. In the era of information explosion, Sister only gnaws on the 'hard dishes.'

Not looking at the technical architecture of white papers? Then you are just gambling with code names;
Macroeconomics, on-chain data, sentiment indicators… Sister's decision-making list does not include "what netizens say";
The truth is: the market never lies; it's the interpreters of the market who always deceive.
4. Female perspective? That's Sister's alpha return.

Delicate risk-sensing + calm position patience = undervalued superpower in the market;
High heels and candlestick charts are not in conflict at all; swaying skirts can still understand the Federal Reserve's interest rate cycles;

5. Heartfelt words for the sisters in the square.

You can love the elegance of Chanel, but you must also understand the disruption of blockchain;
Account balance is more worthy of your careful allocation than lipstick colors;
Remember: Economic independence is the ultimate luxury for contemporary urban women.
Sister adds one last line:
Bull markets are not lacking in myths, and bear markets are not lacking in jokes.
A true financial person is someone who can write their own script in any cycle.

#美股七巨头财报 #币安将上线特斯拉股票永续合约 #美国伊朗对峙