Currency Circle Xiaobai Diary | Netflix Documentary "Don't Trust Anyone" Experience + Shocking Market

Recently, Netflix has a documentary "Trust No One: The Hunt for the Crypto King" (Trust No One: The Hunt for the Crypto King). , I think it is a little topical, and I can easily understand the development and past of virtual coins, so I read it during the Qingming Festival. The results are indeed somewhat enlightening.

The first impression is that more and more documentaries are now being produced in a fast-paced, intellectual style. If the right subject matter is chosen, it will be more exciting than a feature film. This documentary about the suspected fraudulent death incident of the founder of Canadian virtual currency exchange QuadrigaCX, Gerald Cotten, is as exciting as this year's very popular "Tinder scammer", even people without virtual currency knowledge will Immediately drawn into the fast-paced plot.

I say this because I watched it with my husband, and it took me half a year to lure my other half with all kinds of virtual currency knowledge. It's not as good as if he watched this film, and it was quicker to get through immediately. Let me review my eloquence....Ha.

What I like about this documentary is not only that it clearly dismantles the Canadian virtual currency exchange QuadrigaCX, but it is actually a scam from beginning to end. The film also introduces the rise of Bitcoin in a simple and easy-to-understand way, and Ask experts to defend cryptocurrencies: The real flow of virtual currency gold is clear and public, depending on whether you can make good use of data analysis tools to get to the bottom of it.

So, now the other half expressed that they want to start spending a little money to invest in virtual currency. Of course, the exchange will choose the type that I recommend is relatively legitimate and credible.

If you are interested in virtual currency now, but still feel that the knowledge in this field is difficult to understand, and you are afraid of being cheated by Matt citizens, it is highly recommended to watch this film.

The second impression is that because the founder finally died in India in a bizarre way, and the other co-founder chose to leave earlier, many of the clues were not based on a group of users who wanted to recover the account amount to form a self-help With the help of the group, one of the anonymous interviewees wearing a mask is the key, and it may not be possible to piece the puzzle together one by one.

This is why I decided to post regularly in Matt City shortly after I stepped into virtual currency investment.

There are not many friends around me who really invest in virtual currency. With the experience of investing in stocks in the past, I only increased my skills greatly after joining a stock club led by a retired financial trader. Now that I invest in the currency circle, I deeply feel that just reading the chain media and the exquisite roadmap instructions are superficial, not to mention that this industry is still growing wildly, and I can find more friends in the community to remind each other, even if it is just sharing. Industry gossip is better .

BTW, not to mention investment, it is also great for me to have community friends who can share the Web3 ecosystem. Like last week's Web3 Experimenter series AMA, you can hear Reading Bigen, Mi Gao and Cauliflower Denken sincerely share their journey, which is more in-depth than listening to some project teams talking about their visions.

Third, the documentary also mentioned that the group was once in a wrong direction in handling the case. The murderer pointed to the founder's widow, thinking she was a "black widow", so she had to hide where she lived. Fortunately, the complete investigation report gave her justice. (For those who are interested, you can read this article by Xu Mingen of Block Potential. In the end, all the money promised to be given to his fiancée was used for emergency relief.) By the way, I reviewed the misogyny complex often common in the male tech nerd community, which also made me feel a little bit.

I once chose engineering as a student and got into a class with no more than five girls. Many people think that girls who are so rare must be loved, but this is not the case. The male classmates in the class will think that the teacher will give the female classmates more grades to pass the test, because the girls are more coquettish and cry; they will also suspect that your class notes are copied; wait wait wait.

I don't think that those classmates were male-dominant demons back then, because they only questioned and did not maliciously exclude them, and they also resolved their doubts afterwards. I see the misogyny complex in tech nerds. The origin is that there are too few women in the organization. Men don’t have much experience to understand the role and value women can play in it. It is not easy for women to enter.

This is another reason why I chose Matters. After all, the founder is a woman, and there are also women like Daisy who are familiar with the knowledge of the currency circle to help you.

Quite looking forward to more women joining the Web3 world.

Finally, let me share my recent experience. The currency market and the stock market have both retreated this week, but my Ethereum grid robot trading, the return rate has not decreased but increased, and now it has reached 10%. See screenshots of the two weeks at the end of the article. This also shows that in this kind of volatile market, people with low skills can really feel more at ease and sleep well in robot trading , and they can still make money.

But at the same time, he discovered a flaw in his own operation. Ether rose above 3,500 for two days last week, and my grid price range cap was set at 3,400. If the price limit is exceeded, the robot will not be locked up, but the robot will be suspended for this period. If it continues to rise in the end, it means that it will make a short profit. Of course, if it is followed by a big drop, it may lose a little less.

This incident taught me that the currency market is still changing faster and bigger than the stock market. We should monitor the development of the currency market dynamically and rethink and design the price range every two months. If the long-term view of Ethereum is flat at most, the upper limit should be set a little narrower, but I am optimistic in the long-term, so the upper limit is too low.

Therefore, in fact, I have re-adjusted the price range strategy, and I will come back to exchange experience after experimenting for a while. This incident also shows the benefits of writing an investment diary to overturn the market .