#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
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Where have those liquidated accounts in the market gone? Today, we unveil the survivor bias. Why do I say that the success stories you see may be misleading you? In the market, we always see those profitable traders and hear their legendary stories, but we overlook the many liquidated accounts, which is the survivor bias. The losers are eliminated, and the winners are amplified, but the truth is that there are far more losers in the market than winners. We must not be deceived by these superficial glamour, because the essence of trading is brutal.
To avoid becoming a victim of survivor bias, we can first analyze failures. Those vanished liquidation accounts often share common traits: no system, no plan, over-leveraged trading, frequent operations, and ignoring risks. They once thought they were the chosen ones, but the market never shows mercy to anyone.
The lesson of liquidation teaches us that trading is about managing risk, restraining desires, and adhering to discipline. Without these, even the greatest profits can vanish. Furthermore, we must recognize the reality that most people fail in trading; true success is not based on luck, but on long-term discipline and patience. Therefore, we need to establish a trading system that fits our own positive expected value, strictly follow its instructions, supported by a clear trading plan, and continuously learn and reflect, constantly purifying our system, and not let survivor bias deceive us.
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