UNICORN⚡️🦄|7月 21, 2026 13:18
Last night's live broadcast at Binance Square, although it was a debate, we actually reached a consensus with @ Bqlsj2023
Hahaha, buying coins and betting strategies are similar
Thank you to @ CryptoSociety42 for organizing and editing the slices so quickly
It's all improvisation
“
Why did these people in South Korea experience such a big problem when they liquidated their positions? Their index crashed like this - it's because South Koreans love to play double leveraged ETFs.
The double leverage ETF has a mechanism: the leverage needs to be doubled every day the next day. For example, if the price rises today and I have a floating profit, my leverage is not twice as much. I have 1.8 times because I have a floating profit, which offsets some of the margin. So at this point, where I am making a profit, I need to buy this stock to ensure that the leverage I can backtrack is still double. So when it rises, it will accelerate.
It's the same when it's falling - when it's falling, I lose money, the margin decreases, and my leverage increases to 2.3 times. My 2.3x leverage is 0.3 times more than double leverage, so I have to sell the stocks with the extra 0.3 times leverage. At this point, it was accelerated.
Well, I think we should use the theory of 'taking over players'.
NFTs were actually more deeply involved at that time. In fact, NFTs have indeed been added to many different circles - such as venture capitalists, art pieces, collectors, and so on. All kinds of NFTs were added together, which led to their popularity at that time.
It absorbed a large amount of funds from outside the circle and then formed a high position.
If there is no trading ability, I also suggest that these valuable coins should be allocated in moderation. What does it mean to have a valuable backing? To put it bluntly, investing is investing in people. The ultimate boss behind this coin, it cannot escape, and it will not be cut so badly. This kind of coin is actually okay.
”
@cz_binance @heyibinance
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