Farming Variational airdrop is starting to tax me mentality

CN
2 hours ago

Farming Variational airdrop is starting to tax me mentality.

It's just a few hundred USD per trade earned from referral rewards but positions end up in liquidations.

Yet sometime that one 15x leverage trade goes well and you feel good winning.

Then fake confidence builds, you end up pumping leverage to 40x and market goes against you.

All liquidated again. On top of time spent checking charts.

Just look at my portfolio chart lol Down to zero at least 4 times.

Again, it's just a few hundred USD mostly earned from referral rewards.

I say 'mostly' because I once added a few hundred USD extra just so save my underwater position. Got liquidated anyway.

I'm not a pro perp trader. Just a degen with no real strategy. I don't want to have a perp trader strategy at all, so don't give me any tips!

The goal is to earn points for the airdrop, which hopefully I will be able to cash out.

But I caught myself thinking today if I get just ~$5k airdrop from $VAR I might just make one more 50x trade on BTC and go Hero or Zero.

That's not how I used to think about crypto!

My No 1. rule is spot only. Never leverage. But farming airdrop is my excuse that's ended up building bad habits.

The bigger point I wanna make is this:

We celebrate perp adoption expanding to tokenized equities and even tradfi is adopting it now.

With good reason: Perps created the biggest winner in crypto in a long time - $HYPE

But the under the success of Hyperliquid lie hundreds of liquidated bodies - thanks for your paid trading fees that go straight to buy back and burn $HYPE

(Thankfully no liquidation fees!)

Prediction markets is another major winner of crypto yet they also build bad gambling habits that rekt people.

These are wealth destruction tools for majority of people but I want crypto to be wealth creation tool:

At least we can bet on the casino ( $HYPE or future $POLY token).

Hopefully $VAR will do well for me too. So I can get out of it for good.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink