#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
Some insights and thoughts on opening orders.
1. Before opening a position, you need to break down your funds, for example, a total position of 10,000 U.
(1) 20% of the position is used for contracts. 80% is used for spot trading with low leverage.
(2) 20% means a contract position of 200u, and each time you open a position, it should not exceed 5% of the principal, which is 10U. Based on the stop-loss point or a fixed stop-loss of 500 points for Bitcoin, and a fixed stop-loss of 10 to 20 points for Ethereum.
2. 80% of the position is used for spot and low leverage.
(1) Pure spot trading is done in three phases, with 30% each time.
(2) The 3x leverage is still opened based on the spot ratio.
(3) 5x leverage means entering the position 5 times.
(4) However, do not frequently add to your position; adding too close is equivalent to opening a large position. After leveraging, the distance for adding to a position should be increased; do not add to your position casually before reaching the replenishment level.
(5) Experts die from averaging down, remember, remember, remember,
2. Important Notice
(1) After making a profit, double your investment, and be sure to take back the principal while letting the profits soar.
(2) Or a fixed withdrawal amount, you should develop the habit of withdrawing every day.
(3) Not withdrawing will lead you to only deposit without withdrawing, ultimately resulting in a zero balance and exit.
(4) I am just an example. After experiencing liquidation several times, I realized how important it is to develop the habit of withdrawing.
That is a piece of advice for everyone.
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