Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
I just got the YB Token, which is a new Decentralized Finance protocol created by the founder of Curve.
With a market cap of only 40 million dollars, this size means that price fluctuations can be quite severe. Better to be cautious.
Recently, I've been increasingly eager to improve my trading skills. Should I start with technical analysis, or should I first understand on-chain data? I feel that I still have a lot of room for improvement in this area.
First, get the on-chain data, that set of technical analysis is just a guise to play people for suckers.
On-chain data must be understood first, technical analysis is just P-charting
40 million market capitalization? OMG, how many times does this need to recoup investment?
Better understand on-chain data first; technical analysis can easily get you rekt.
On-chain data? Technical Analysis? Dude, first figure out if the project party has any hidden mint, that's crucial.
Even the endorsement from the founder of Curve doesn't help, do you remember Luna?
On-chain data should take priority, technical analysis is just drawing talismans, data is the real deal.
YB's reputation as the founder of Curve is indeed useful, but I'm afraid there will be too many dumb buyers.
Let’s prioritize on-chain data; the technical analysis approach is almost useless for small-cap coins.
The endorsement from the founder of Curve does indeed provide some confidence, but we need to look at the real usage data.
On-chain data and Candlestick Charts actually need to be studied together; looking solely at technical aspects makes it easy to get played for suckers.
What the founder of Curve is doing isn't necessarily reliable; you have to verify it yourself.
Let's start with a small Position for trial and error; a market capitalization of 40 million with such Fluctuation is indeed scary.
Technical Analysis needs to be combined with fundamentals; otherwise, it's just a wild guess.
This YB... it feels like there are a lot of suckers in this market.
On-chain data is a bit more real; technical analysis is easily manipulated.
But the scariest part is still the liquidity issue; it's really hard to dump in a small market.