MoneyBurnerSociety

I recently discovered that IG can actually be switched back to a personal account pretty easily, and it’s a lifesaver for anyone who previously created a creator account but later felt they didn’t need it. I was the same—I opened a business account thinking I could view analytics and run ads, but after using it for a while I realized I basically don’t need it, so I wanted to switch the account back to a simple mode.
The most troublesome part is that after switching back, it defaults to a public account, meaning anyone can see your content. But luckily IG has thought of that too, so after you c

Recently, I saw an interesting debate in the crypto community revolving around a new type of stablecoin model. In simple terms, someone is promoting the concept of a "non-freezing stablecoin," but this idea has sparked quite a bit of skepticism.
Renowned author Omid Malekan suggested that as the stablecoin market becomes increasingly crowded, issuers might differentiate themselves by promising "no intervention in user funds." He believes neutrality and censorship resistance could become some of the few genuine selling points, especially attractive to DeFi users and privacy-conscious individual

Recently spent a lot of time studying the Wyckoff trading method, and the more I read, the more I realize how profound this nearly century-old theory is. Simply put, it reveals a harsh reality: there are always manipulators in the market, and most retail investors are losing money while being manipulated.
The manipulators' tactics are nothing more than three types. The first is exhaustion, which is a fatigue battle over the time dimension. You think it will rise, so it moves sideways; you think it will fall, so it moves in the opposite direction. Only when you can't hold on at the bottom and c

The recent market volatility has indeed been quite significant. Macro risks are escalating, and the U.S. stock market continues to decline, while gold is performing remarkably well, with the price of gold coins soaring. However, Bitcoin's rebound momentum has been interrupted, and this contrast is quite interesting.
It seems that the correlation between traditional finance and the crypto market is being reshuffled. Gold has always been a stable safe-haven asset, and the rise in gold coin prices this time also reflects market concerns about risk. At the same time, the downward pressure on U.S.

Recently, I’ve noticed that many beginners still have misconceptions about how to use RSI during trading. Instead of blaming the indicator itself, it’s more about not understanding the proper parameter settings and trading strategies.
First, let’s clarify what RSI is. In Chinese, it’s called the Relative Strength Index, which uses a scale from 0 to 100 to measure the strength of price movements over a certain period. A high value indicates that the upward momentum is dominant, while a low value suggests that the downward momentum is in control. Many people know that RSI above 70 is overbought

Recently, I’ve seen quite a few people in the community discussing ATH. In fact, this concept is really crucial for traders. Many beginners have suffered losses here, so today I want to talk about what ath (all-time high) means, and how to avoid pitfalls in this kind of market.
Simply put, ATH (All Time High) is the highest price an asset has ever reached since it first appeared. It sounds simple, but when you’re actually trading, it gets complicated. Many people see the price make a new high and get excited, then rush in—only to get trapped. The key is to understand that when an asset surges

I’ve been chatting with several traders recently and found that many people are talking about how to avoid getting scammed by the market. This is a very real issue because bear traps and bull traps happen every day, and even experienced traders can fall for them.
First, let’s talk about what a bull trap is. You see the price break through a resistance level, think it’s going to go up, and then buy in. But what happens? The price reverses and drops, trapping you. These false breakouts are especially sneaky because the trading volume looks significant, making you think it’s a real trend. In real

Recently, I’ve been thinking about the figure of Donald Trump. His story is actually quite worth discussing. Many people know he was the 45th President of the United States, but few have delved deeply into his educational background and early life experiences.
Born in 1946 in Queens, New York, his parents were one a descendant of German immigrants and the other Scottish. Interestingly, when he was a child, he was restless and couldn’t settle down to study, so at age 13, his parents sent him to the New York Military Academy. This decision changed the course of his life. During his years at the

I want to talk to you about a concept that many people can’t quite figure out: what exactly does liquidation mean?
Suppose you have 10,000 yuan. You borrow 90,000 from an exchange to make a total of 100,000 and use it to buy Bitcoin. This is the so-called 10x leverage. But why would the exchange lend you money? Because they want to hedge their risk. So they set a liquidation price—once your assets fall to a certain point, the exchange will directly liquidate your position.
If Bitcoin drops 10%, you lose 10,000. Do you think that 10,000 is still in your hands? No—the exchange doesn’t wait for y

Recently, I came across a term that’s very popular in the crypto world: Hodler. At first, I didn’t pay much attention, but later I realized how important the mindset behind this word really is.
Simply put, a Hodler is someone who buys Bitcoin and then holds onto it without selling. No matter how high BTC rises, how big the bubble gets, or how many people are bidding to buy, they grit their teeth and stick to their guns. It sounds easy, but actually doing it is really tough.
Think about it—Bitcoin’s price is extremely volatile. Because it’s decentralized, its value is entirely determined by mar

Recently, a noteworthy regulatory development has come to attention. The U.S. Federal Deposit Insurance Corporation (FDIC) recently held a board meeting focused specifically on the regulatory framework for stablecoins.
The core discussion centered around the implementation details of the GENIUS Act. In simple terms, regulators are carefully considering how to establish a comprehensive set of rules for stablecoins. The most critical aspect is the 1:1 reserve requirement, meaning each stablecoin must be backed by corresponding assets and cannot be issued out of thin air.
The meeting also address

Recently, I’ve been looking into the KITE project, and the more I learn, the more interesting it becomes. Many people treat it as an ordinary token, but I think the logic behind it is completely different.
Simply put, KITE is like a pass to enter a developing Web3 ecosystem. It’s not a hype-driven token; it’s genuinely designed as the fuel for the ecosystem. The larger the user base, the more powerful the token’s functionality. You can think of it as a combination of a membership card, a payment tool, and even a VIP access pass.
I’ve noticed that most tokens live within narratives, surviving o

Recently, while backtesting trading strategies, I discovered an interesting phenomenon. Many people are struggling with MACD parameters, especially trying to find that "perfect" setting. I’ve been down that road myself, and I later realized that there is no absolute answer to MACD parameter optimization.
Let’s start with the standard 12-26-9. This set of parameters is indeed the default on most platforms, used by the most people, and easiest to get started with. The fast EMA (12) captures short-term momentum, the slow EMA (26) looks at long-term trends, and the signal line EMA (9) filters out

Recently, I've seen many newcomers discussing the history of DeFi, and I think it's necessary to review those painful lessons.
Speaking of the frenzy of DeFi Summer, the period from 2020 to 2021 was truly crazy. I remember projects like UNI and SUSHI attracting a large number of retail investors with high APY liquidity mining, and everyone was desperately mining. But what was the problem? The project teams and big players had already set up the game—they controlled LPs, pre-constructed positions, and harvested most of the profits. Later, when the mining pools were shut down or migrated by the

Recently, the three major European indices have collectively weakened, seemingly triggered by concerns over Trump's new tariff policies. Specifically, Germany's DAX declined the most, closing at 24,991 points, down 268 points, a drop of over 1%. France's CAC also fell, closing at 8,497 points, down 0.22%. The UK FTSE 100 was relatively resilient, only slightly down by 2 points to 10,684 points. This adjustment is likely the market digesting the uncertainty of the new trade policies, with European stocks bearing the brunt. In the short term, such volatility may continue, and we should keep an e

Recently, while reviewing some theft cases, I noticed a rather alarming trend: the number of novice users falling victim to mining scams is significantly increasing. I’ve summarized some common tactics and think it’s necessary to share them with everyone.
These scams mainly target Web3 newcomers, exploiting their lack of understanding of the crypto market and their desire for high returns. The scammers design a complete process, claiming that funds need to be stored in a mining pool for a period of time to generate profits. The key point is that, because abnormalities are not immediately visib

Recently, while analyzing U.S. economic data, I noticed that many people don't have a deep understanding of the concept of M2. But honestly, if you want to understand why the cryptocurrency market and stock market experience certain fluctuations, the meaning of M2 is really key.
In simple terms, M2 refers to the total amount of money circulating in the economy. It's not just cash in your pocket, but also includes bank deposits, savings accounts—funds that can be quickly converted into cash. Economists and central banks pay close attention to M2 because it directly reflects how much money is av

Recently, I've been looking into some discussions about Elon Musk and realized that his influence in the crypto market is truly not to be underestimated. When it comes to Elon Musk's height, many people mention that he is 6 feet 2 inches (188 centimeters) tall, but what's even more interesting is that his "height" goes far beyond that.
Musk's achievements in technology and business are indeed impressive. From PayPal to Tesla and SpaceX, each step has been reshaping industry landscapes. But in recent years, his involvement in cryptocurrencies has grown increasingly, especially his views on Bitc

Lately, I've been thinking about a question: why do so many people say they are stuck in the cycle of indulgent couples, yet can't seem to break free?
Look, the so-called indulgent couple is like this: two people get together to eat, play games, travel, and buy each other small gifts. Life feels relaxed and free. But as soon as real-world problems arise, conflicts come up. Some start complaining, others start criticizing, and neither side wants to take responsibility. Once they can no longer continue the carefree days of eating, drinking, and having fun, the relationship begins to fall apart.

Recently, a friend asked me how to bottom fish in a volatile market. I found that many people’s understanding of the KD indicator still stays at a superficial level. In fact, KD is not just an overbought/oversold tool; when used correctly, it can really help you escape tops and catch bottoms.
Let’s start with the core logic of KD. It’s simply looking at where the current price is relative to a certain period in the past. It consists of two lines: K reacts quickly, D reacts slowly, both fluctuate between 0 and 100. This design is very clever because most people consider KD above 80 as overbough