Let's talk about Texas Hold'em and Cryptocurrency Trading again, this time about the issue of pool participation rate.
Playing cards from the small and big blind positions has its costs, and often the players who get good hands in the first round will try to raise.
This is actually similar to beating a dog and trading; the higher the entry rate, the greater the minor wear and tear. Over time, this dog may lose 3000, that dog may lose 5000, and in a month, losses can reach over a hundred thousand. If there isn't a big win to offset this, the losses can be very painful.
Friends who often play with me know that my style is mostly not to enter the pot without good cards and not to raise, not to bet unless there's a good opportunity, or sometimes I lose big on bad hands when I'm too caught up in the moment. It's similar to my Cryptocurrency Trading; I usually throw in random bets, but when I place a serious bet, it has to be based on very careful judgment of the situation.
Try to engage in behaviors that increase EV to obtain low-cost chips — earning rewards + participating more in PRE-TGE projects and less in POST-TGE projects, which reduces the entry rate — being less active and observing more is also advisable.
BlackRock has officially purchased $340.9 million in BTC, further strengthening its position in the crypto market. 🟠 #Tether 1B Dollars Crypto Fund #BTC
The news about the Trump family's issuing coins has come out again. Previously, there was a mix-up, probably to see the market's reaction~
If the Trump family's WLFI coin issuance this time is really reliable, combined with Bitcoin's performance during this period, there hasn't been any substantial positive news, yet it has been quietly rising all the way. Even under the strong negative news of global situations and war crises, the price hasn't really dropped. I suspect that capital is controlling the market at a high level, preparing for the smooth launch of the Trump family's WLFI coin, and then there might be a black swan event to take advantage of the situation to harvest a big wave of retail investors.
I really feel that the political and financial circles are increasingly like a meticulously planned capital game.