Don't be fooled by the high earnings in the past seven days; that's because we lost a lot last week.


I shorted ETH and PENGU two days in advance near the peak, and ended up losing about 30%, with the maximum loss being around 55%. But it still dropped this week.
Looking at the beautiful short-term rising yield curve is truly a pleasure, but when viewed over a longer cycle, it is a tremendous pullback.

There's no short position now; I found a dip that's about right and added a bit more Trump. It's still comfortable at the daily level; I don't even need to look at the small fluctuations. I'll just look at the hourly structure and reconsider whether the current position and sentiment are appropriate.

On the contrary, the US stock market is easier to work with than the cryptocurrency market, and the liquidity is also very good. I really haven't made any money in the crypto market these past two weeks, but of course, I haven't lost a penny either. However, the US stock market is indeed quite profitable.

But US stocks require tax. Just thinking about how I have to pay nearly 400,000 in taxes on my 170,000 HKD principal makes me grit my teeth!
ETH0.48%
PENGU4.78%
TRUMP0.7%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)