Phyrex
Phyrex|Feb 25, 2025 10:51
Since the beginning of the year, I have publicly bought four BTC coins, which are $101500, $101000, $95000, and $88800 respectively. The average cost is $96575, which is slightly higher, so if it continues to decline, I will continue to buy. Next time, it should be around $82000. As for the average cost displayed on Binance, which is 84404.3 US dollars, it is because I have an Ant warehouse contract. I opened a 10x order from 41375.4 US dollars, balanced it once at 71000 US dollars, and have been receiving it ever since. The margin has become negative, but there is still a return of over 1100%, but it is not worth mentioning because it is too small. This reason has lowered the average position of Bitcoin, and of course, I will continue to buy BTC after this money is balanced. Next, let's talk about my reason for buying at the bottom. After all, my money wasn't brought in by strong winds. It would be foolish to jump in even though I knew there was a big pit below. I have my own logic when buying, but of course, this logic may only be suitable for myself, so I don't recommend any friends to copy homework. Firstly, yesterday's BTC spot ETF saw a large number of sales. Although I haven't finished organizing the data yet, from a financial perspective, there should have been panic. Therefore, in the Asian time zone, panic spread and there were a lot of selling and smashing in the Asian time zone. At one point, the price of BTC fell below $88000. After getting up, I checked and found out what caused such a bad mood. ETF investors were also leaving, Asian investors were panicking, and American investors might not necessarily do what they did at night. So, I checked and found that panic is mainly in three aspects: 1. Trump plans to strengthen restrictions on Chinese semiconductors, which may lead to an intensification of the trade war between the two countries. Especially in Asia, this information has a great response. 2. Trump is very tough on tariffs, which is also a reason for investors' panic. There are some differences among G7 countries regarding the ceasefire between Russia and Ukraine, but these differences have almost been resolved just now. So after reading the entire information, I decided to continue buying according to my previous strategy. If it falls again, I will buy the fifth, sixth, or even more. Because I think from a trend perspective, it is not very friendly to altcoins, but there have not been fatal problems with Bitcoin yet. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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