Long line of BitMEX founder: Chaos

吴说区块链real view 18628 2022-1-10 10:49
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The most comprehensive mental health assessment in the health portfolio is repeated annually. As always, our goal is to control or improve the purchase of energy related products. The key to human progress is to transform the ability of the sun and the earth into kinetic energy to support our bodily functions and our daily lives. The goal is not to make money. Money is simply an abstract concept of energy. A good way to measure your financial success is to determine how much energy you are currently using for your lifestyle (we use fuel in the example below) and what you will be using. ). Next, you need to see if your savings are growing faster than your energy bills.

The market will not stop at 12:01 am alarm on January 1, 2022, and the return is difficult and the way remains. Unfortunately, a few working days are crucial. A simple example can explain this.

As of January 1, 2020, the world was relatively fragile and the global coronavirus rabies virus had not yet developed. At the time, the value of Bitcoin was $ 7,216. And on the last day of the good year, Bitcoin was trading at $ 28,996, generating an average annual return of 302%. Who can do more, Bitcoin Trader or Pfizer?

BitMEX 创始人最新长文:混乱局面

This is the best performance of the year, but it covers the weakness of the economy in mid-March. Let's focus on March 2020.

Bitcoin experienced a period of relative unrest that disrupted Bitcoin along with all other global risk factors on March 16, when the world (except China) found the trend transmission of COVID-19 to be true and destructive. The impact period is when all asset risk decreases at the same time and investors rush to sell all assets in the market margin in addition to the overall gains (immediately in US dollars) to repay their loans. All assets have been backed up. It is only when the dust settles and the fear dissipates that real estate prices will begin to move in a more peculiar way.

From January 1 to March 16, Bitcoin prices fell 38%. A lot of people stop, either mentally or physically. Suppliers shut down your jobs to keep the cost of some of the responsibility.

BitMEX 创始人最新长文:混乱局面

The table above describes the pros and cons of addiction. The most important indication is that the March 16 market is by far the most important day of the year. A very good trader related to a ship dealer has the ability to do good data recovery. From the 16th low at the end of the year, the return is 250% higher than the January 1 return.

Unfortunately, if you leave the market on the 16th but have the money and the option to return to the store, the day you collect it is very important. Bitcoin did not return to its January 1 level until April 21. The longer you wait, the lower your 2020 results will be.

Active traders are expected to appear on the same day as March 16 and will return immediately after selling a position to generate regular returns.

Traders who don't want to see Bitcoin around the clock should create detailed data during major disasters such as the March 16 attacks. lower prices, which it is easy to understand to earn more and lose less). The most important mental problem to overcome is to let go of the idea of ​​annual numbers and switch to a mix. interest, the average rate of return is calculated as a geometric mean). The example above illustrates the negative effects of a combination, you can join a high race unless you protect your token from the fall.

To do this, you must determine the assumptions when deciding to invest and make reasonable efforts. The former requires more expertise than the former because it is very difficult to convert your investment strategy (especially since most investment data focuses on yield numbers). To make matters worse, all trustees (eg, money managers) pay a special annual fee. If a fund manager loses all of his assets, the worst case scenario is temporary unemployment, and he has to pay a percentage of his annual income if the loss occurs. Income. I don't have a solution for your hosting problem, but make sure it exists and adjust your behavior accordingly.

The purpose of this Bitcoin price history lesson is to start a discussion of how I can set up my wallet this year before I expect to have a negative market like The Three on March 16, 2020.As always, this should be done with the Fed cutting its growth rate target to 0% and raising rates one to three times in 2022.

Let's start by discussing the importance of interest.He then goes on to explain how the preemptive short-term policy rates set by the central bank could be most affected by global asset risks over our six-month horizon.I think the Fed and other Lemming banks around the world will have no choice but to save money on printing. But at some point in the future, national governments in many countries will want to tighten funds to avoid civil unrest, where food, shelter and shelter prices are high.

Listen

When it comes to medium-sized banks, it is fashionable to be as transparent as possible about the future. However, despite the clear data, senior leaders refuse to deny that printing money is the cause of the inflation that divides communities. After the Great Depression of 2008, those who kept the commandments raised a lot of trust money. People who care about importance or other similarities don't work well. Make no mistake about it, hurry up and buy a great store!

The policy has changed several times, but the Fed has been clear on what it is trying to do. “Long” inflation is holding up now and the Fed has indicated that it believes it is time to stockpile food, energy and transportation by increasing inflation. To that end, they have decided to stop buying contracts until March of this year, and if their “point” is true, the first rate hike will come in March or June.

Most market participants believe that if Democrats get the Fed to raise prices, the Fed will comply. Democrats need to stress inflation skepticism to avoid a clean sweep in the November election.However, there is no consensus on how short-term gains will affect the financial landscape: whether it's a storm or a fall. for

Forget about understanding non-cryptocurrency assets,My interpretation of the theory of crypto asset investors is that they don't believe that the basis for the growth of the entire network and users is that asset crypto will continue.

I think this is causing a lot of controversy,This is because the negative impact of rising prices on future cash flows may cause scientists and traders to sell margins or reduce their cryptocurrency investments.I'm not denying that the good hands of diamonds continue to increase their status even after the prices fall, but in the short term, this type of "metal powder" will not prevent the prices from falling. Keep in mind that as long as a bitcoin is trading at US $ 20,000, the final price will be US $ 20,000. It doesn't matter that there are 19 million untraded bitcoins in the world. The final exchange rate was caused by seller abandonment even though the exchange was low.

The biggest downside to the final market price is the psychological damage to weak investors, which affects the underlying performance of leveraged markets. So don't say that not all cryptocurrency GOs are willing to lower their limitations.

For more than a decade, crypto-asset investors have wanted “organizations” to enter the space. Now, as you can see from the Bloomberg news below, it's finally here. The percentage of distributed devices is low, but there are enough believers to replace the products in the world of TradFi.

"Billionaires only hang on to crypto when the money 'goes to hell'."

This article first appeared at https://www.bloomberg.com/news/articles/2022-01-01/billionaires-dalio-peterffy-embrace-bitcoin-ethereum-as-inflation-hedge?sref= vvpMCnMg

This article describes the importance of CEOs and investors such as Tom Peterffy (InteractiveBrokers) and Ray Dalio (Bridgewater) holding Bitcoin and other crypto assets as protection against bankruptcy in fiat currency.

The rich who run big TradFi can handle the inconvenience, but lemmings follow as they fail. The management of profitable businesses is happy to invest in crypto assets, and overpaid leaders won't lose their rewarding perks as long as the price drops.They do not trust and are loyal to Satoshi Nakamoto. So, if any external factors prove that the distribution of the cryptocurrency needs to be reduced, we will complete the project without interruption, no matter how large the loss is.

Investors in the company are affected by Eurodollars (holding money outside the US domestic market). Mostly, the world is selling the US dollar. When the dollar depreciates, credit increases and financial gains are greater. As the dollar rises, credit contracts and financial assets suffer. Read the Alhambra Investments blog to learn more about how this business works.

The amount of change in revenue growth, the derivative value, is the most important factor in determining whether or not a company's investors are operating.

BitMEX 创始人最新长文:混乱局面

The white line is the backbone of 2019 US M2 growth. In March 2020, the Fed rescued the economy from the US Treasury by using financial newspapers to stimulate financial markets and disbursed a group of excess profits. This led to an increase in the growth of M2. The bigger the Fed's balance sheet and therefore the bigger the M2, the more the growth slowdown (to the right of the crowd) and the US government did not create enough spending to continue to accelerate the announcement of the money. .

Now the Fed expects the bond to slow down to zero. If you don't reinvest your income in your file, your balance sheet will go down. The white presence in the figure above shows that it can affect income.

The yellow line is the price of Bitcoin / USD. The US financial easing has certainly led to a rise in prices (even over several months).Bitcoin has recovered from the stagnation of M2 growth. If M2's growth reaches 0% or even negative in the short term, the natural decision is that Bitcoin (no increase in users or market share) full in the network) may be lower.

I can post more graphics to explain the advantages of different countries, but they all see the same picture. Neighbors are rising because the cost of meat, vegetables, taxis, rent, and other goods is rising faster than wages. Now their first public enemy is inflation. Governments around the world must do more. Suddenly, the time has come for medium-sized banks to make music, and they are ready to simplify their balance sheets and return to the good prices that affect a lot of things at home, at least in the short term.

reference tool

Bitcoin is a cryptographic representation of a currency / movement.

Ethereum is a decentralized computer via the Internet.

Most other major crypto assets can be categorized as follows:

1. Tokens related to the Phase 1 protocol must be “Next Generation Bitcoin or Ethereum”. These networks can be several, can operate for more than a second or anonymously. For example, Monero is Bitcoin and Solana is Ethereum.

2. The other is to use the existing process 1 characters as symbols to perform certain scheduled tasks, such as Axie Infinity, a game-based token that uses the NFT assets of the Ethereum blockchain.

Tokens are an attempt to improve Bitcoin or Ethereum, or they use the capabilities of these two networks to create new products or services.

Bitcoin and Ethereum both have obvious drawbacks, if other crypto devices can replace any of them, its value will explode. Anyone who first finds out about the above tokens will be rewarded with a crypto asset.While there are many Standard 1s with high costs and high costs, these policies change as expected, depending on the nature of these procedures (such as addresses, wallets, or money from people tokens) compared to Bitcoin or Ethereum. ) Red.This is not to say that a coin cannot be won after too long. However, we are not happy with the long term, what we need is to avoid a capital shortage including the next 3-6 months. for

With tokens that rely on the Bitcoin or Ethereum blockchain to accomplish their task, the cost of these tokens should not be (theoretically) higher than the process they create. This is the difference between general applications and specialized applications that invest in technology. General applications should be better evaluated as they can provide renewable energy for a wide range of special applications. While there is a big difference in the market value of Ethereum and ERC-20 dAPPs, the cost of dAPPs will increase faster than Ethereum over time. Of course, falling, the above dAPP will fall faster than Ethereum. for

This is how I see the world. So I measured each return of my cryptocurrency data against Bitcoin or Ethereum. I jumped into the cryptocurrency world by trading fiat currencies for Bitcoin and Ethereum. These tokens always lead a race before it's time to buy low and sell high. In the process, your Bitcoin and Ethereum holdings will increase.

If I believed that in 3-6 months the exchange rate between Bitcoin and Ethereum would be less than $ 30,000, $ 2,000, I would be selling all my crap coins. This is because Bitcoin and Ethereum are the best tokens and have the lowest prices that any competitor can guarantee. A special application using Bitcoin or Ethereum will have a free drop of over 9.8 m / s. In a good cryptocurrency hedging environment, the poo coin can drop from 75% to 90%.

The TradFi system models are generally based on the Eurodollar exchange rate, while the crypto market can track Bitcoin and Ethereum.There is no definitive data on this, but the hypothesis is that Bitcoin and Ethereum, which are now worth millions of dollars, were used as commodities, and Bitcoin / Ether holders and are recovering the American money. US money is used to buy valuables such as cars and houses, as well as gold mining altcoins. If we think we are in the bull market and already have the benchmark, then as a trader it makes sense to go ahead and buy altcoins. If Bitcoin goes up another 10%, it can increase tenfold.

Whether you buy unwanted coins or more from SHIB, if Bitcoin or Ethereum drops 20% to 30%, you need to sell your assets and increase your Bitcoin or Ethereum to avoid the industry. When the fixed price of an asset drops, some margin traders desperately sell their altcoin positions whether they get paid or not. This is why the final price is affected by the marginal bearish sellers.

Shattering those bubbles doesn't need a lot of gentle eyes. CTMD's Thief Farming APY, Shitcoin Starts Shit, All tire to Profit Although a small number of traders are given a large number of leveraged altcoins, the lack of liquidity for these coins will make it difficult to find serious will during their loss. Make sure the front door and a small exit door.

retard

What if I'm wrong? If the crypto bull market continues to deteriorate, how will this affect my case?

March 1 to June

Meanwhile, the Fed has raised interest rates or not. The market expects the Fed to raise prices, and it will be disappointed if any of the three things happen.

1. Growth in the Consumer Price Index (CPI) fell below 2%. Since this measure is "controlled" by government statistics, this is almost impossible. However, if the drop in the CPI and the electoral crisis subsides, the Fed could open the door to change.

2. The financial system is very difficult and invisible and parts of the US Treasury market will collapse. When you see it, you know - that's what the Fed fears the most. Since all of TradFi's assets are valued at the US currency market, the Fed should do everything to secure this market share. Usually multiple invoices need to be printed to retrieve the order.

3. Rising inflation was not a major concern for US voters before the November election.

Of the three cases, I think the second would most likely occur. No one can predict what will happen to the currency / financial market when the Fed stops raising funds. There are so many levers in the body that it is impossible to know if methadone will kill an addict.

According to the law of large numbers, a simple resumption of past purchases does not mean that the currency will grow very fast. Risky assets, including cryptocurrencies, will therefore be satisfied, but the best-case scenario is that real estate purchases slowly climb back to their previous highs. Even if this happens, the only way the crypto industry can grow is for the Fed to turn on the tap and then use fiat money for the cryptocurrencies.

Once this starts to happen, there will be plenty of opportunities to sell fiat, increase your total cryptocurrency investment, or increase your altcoin to increase cryptocurrency risk. Make sure you go up the stairs and down to the elevator.

If I make a mistake, I don't think it will have a major impact as the cryptocurrency market grows. There will be no good prizes to be placed.

2. From June

Assuming I was right and the Fed hiked rates at least once before the June meeting, if any of the following happened, the Fed would immediately decide on zero and start earlier than the Usain Bolt press Money.

1. The S&P Index has fallen 20-30% from all-time highs (in the first half of 2022). Whether you are an exporter to Asia or Europe, or a wealthy American, you can have a large market in the United States. The US stock market is the largest and largest liquid commodity in the developing world. A lot of the rich pay taxes and spend incredible amounts of money. If the markets go into crisis, the Fed won't disappoint them.

Another interesting and thought-provoking fact, the expertise of the June 4 management contract contract is that if 60% of the assets fall, the financial manager with millions of dollars must be sold under a contract to meet. to this requirement. So if the Fed allows inflation to fall, lower lending rates will raise yields, raise interest rates on government loans, and provide insufficient government data.

2. The financial system is very difficult and invisible and parts of the US Treasury market will collapse. .

3. The elections held in November 2022 have ended.

The worst-case scenario is that the parties return to work after November. Neither side in the United States wants to limit asset freezes. Both sides proved their worth by shouting "I came to power and the S&P 500 has gone up!" It makes everyone and the free rich happy. After the escalation of the electoral process and grievances over living conditions, the public may have forgotten about the next election. The government will also print more money to raise funds. It's the American business model, and the international trade model wants us to control it.

delirium

I do not trade around my property. My goal is to create evidence that believes it can help with growth while limiting the risk of decline. Like I said before, if my data storage result curve is convex, that would be good. Although this article is mainly about crypto assets in my case,However, with the impact on unreliable funds, I would expect to have a history of long-term interest rates and forex options to offset losses in cryptocurrency.But if I had to be honest with myself, maybe I would like to add more to make Vega good enough to differentiate the bad.

I don't want to sit in front of a screen for hours and watch bitcoin every day. Some traders do this and become short traders, but these traders have to be passionate. If you can't or don't want to wait around the clock to manage your cryptocurrency products, then don't try to trade short.

When these ideas occurred to me a few weeks ago, I decided to do it. Check all crypto assets. After 75% drop from current level, I throw away the pieces of shit I don't want to increase my status for.This leaves Bitcoin, Ethereum, and other stablecoins in the global meta and algorithms.The value of your interest rate depends on the percentage of your total assets, not on how much you own. A 100 bitcoin trade is big for some, but small for others. All is relative.

Now I am waiting. I also trade everything in cryptocurrency. Your cryptocurrency number may or may not look like mine. I give you a reason. You need to think clearly about why you think your design metrics are relevant in terms of your goal strength.

When the price of Bitcoin hits US $ 20,000 or the price of Ethereum hits US $ 1,400, you will start to wonder if these crypto assets are worth it. Both of these prices were all-time highs in the market before the 2017 bull, but they are fixed prices.

I have fiat ready for the vertical candles. I traded this deal long enough to give the bull spirit the ultimate blow. He relies on his ability to see the ground, but he also learns not to hold the knife down. What if I can't buy at the bottom of the store? Fix the store and buy at a higher price because the seller also sold the product.

Who sells the first bestseller. Now is the time to measure whether good value for money can make a big impact on your data storage to buy more power. No matter how hard the government tries to effect change in the world, a stable state is in chaos. We have entropy!

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