GateUser-39a4e33c

Different platforms, different time standards
Polymarket uses ET
CME uses ET
Mainstream cryptocurrency spot exchanges use UTC

The bear market is actually a time when the mind can settle down and practice the fundamentals;
Why is it difficult to master the skill of trading? Essentially, I think it's because there is not enough practice. Most people practice through long cycles, but a long cycle can last several years, which leads to less practice. Less practice naturally makes it difficult to become proficient. #btc #q

#Circle Last night's brief financial report call summary.

Trend strategy, which can achieve big gains with small investments, is characterized by multiple small losses leading to one large victory;
Mean reversion emphasizes position presetting and layering, with multiple small profits often wiped out by a single large trend;
The former can be executed mechanically without market judgment, while the latter requires some market prediction. #btc

Trading Reflection Notes (1)
1. Looking back at the market conditions in January and early February, when is it more comfortable to buy put protection options? During relatively stable market periods, buying put options is comparatively cheaper. If you want to protect your spot holdings at this time, you can gradually purchase them in a dollar-cost averaging manner. My personal experience is that buying 30DTE puts with a delta of 20-30 is more appropriate.
2. The above refers to times when the market is relatively stable. Buying puts then is a form of preventive protection. If the market break

"Remarkably, people like us gain such a huge long-term advantage simply by working hard to avoid making stupid mistakes, rather than striving for exceptional intelligence." — Munger

The risk of judging people is always the top risk factor.
I am also among the victims.
In the past six months, I have seen this so-called post-00s genius player "Fried Chicken," making money in all kinds of ways, not only Web3 projects, hitting A8, A9 with each attempt, and continuing to earn in Web2. This has gone beyond showing off wealth and has become a versatile player.
I generally don't have much liking for those who like to show off in various ways.
However, I was still shocked when I saw this yesterday; it turns out everything was just a persona.
According to statistics, the scam amoun

Continuously reduce foolishness, rather than increase wisdom.

The cycle repeats itself: after rising, it falls; after falling, it rises again. This pattern continues endlessly, with prices fluctuating back and forth in a perpetual cycle.

This wave of decline, Account A did not use options for put protection, but Account B used put protection. After the put option with a 30-day expiration for Account A expired, no further protection was taken. Account B's put protection expires on February 26th. It also played a role in this wave, but overall I am quite satisfied, as it reduced some losses.

OpenAI's official recommended prompt\n

Buffett: If you truly understand a business, investing in at most 6 companies is enough.