MoneyBurnerSociety

Order books are the true reflection of the market; many people overcomplicate them. Today, I’ll use the example of LRC to break it down for everyone. After watching, you'll understand.
Simply put, the order book is a battle of strength between buyers and sellers. The red area represents sell orders, where they want to sell at this price. The green area represents buy orders, where buyers are waiting to purchase. These two forces constantly clash, causing the price to fluctuate during the process.
The key to reading the order book is to find the "walls." The green wall is the support level, suc

Recently, I’ve been thinking, why do people keep saying that the core of blockchain is decentralization? Actually, this concept is much deeper than many people think.
Decentralization, simply put, is distributing the power, decision-making, and control that were originally concentrated in a certain institution among all participants in the network. It sounds simple, but implementing it requires a complete set of technical support.
First, let’s talk about how blockchain achieves this. Each block is essentially a data packet containing transaction information—who sent, who received, how much, ti

Recently, I’ve been chatting with many traders and found that everyone’s understanding of the KD indicator is still a bit foggy, especially the details of the KDJ parameter settings. Actually, once you understand the underlying logic, this indicator becomes much easier to use.
Let’s start with the most basic explanation. The KD indicator consists of three parts: RSV is the foundation, which tells you whether the current price is high or low within a certain period. The calculation is (today’s closing price – the lowest price in the past n days) divided by (the highest price in the past n days

Recently, I’ve seen quite a few people in the community asking about MACD parameter settings, and it seems like this is a point that many trading beginners get stuck on. Honestly, the standard 12-26-9 parameters are stable and easy to use, but to truly fit your own trading style, you need time to understand the logic behind these numbers.
First, let’s talk about why MACD parameter settings are so important. MACD itself is made up of a fast line, a slow line, and a signal line. The default 12-26-9 combination means the fast line EMA (12) captures short-term momentum, the slow line EMA (26) look

Ancient systems of punishing an entire clan actually had their reasons. Take Xu Huping, the 82-year-old former director, for example—current laws are almost helpless against him—he's almost buried, and even if he's sentenced, he won't serve many days. But when he was director, 1,259 cultural relics mysteriously went missing, a bunch of national treasures were suspected to have been swapped, and what happened? His son immediately opened an auction house, the two of them cooperating seamlessly, truly the biggest parasites in the 21st-century relics world.
In ancient times, such damage would have

Anyone who has done contracts has experienced this pitfall: staring at a key level for a long time, previous high, the box range, trendline resistance, finally the market arrives, and a single volume-driven bullish candle breaks through. Reflexively, you chase in, thinking "this time it’s definitely real." But what happens? The price starts to consolidate sideways right after entry, then begins to fall back after a few minutes, and your stop-loss gets hit. You just exited, and suddenly the market surges upward, flying away. At that moment, your doubt isn’t about the market, but about life itse

Recently been watching the 1000PEPE/USDT trading pair, to be honest, the volatility is indeed quite significant.
As a meme token, PEPE has become popular in the crypto space thanks to the Pepe the Frog meme and community support, and trading volume has always been active.
For those who enjoy short-term trading, PEPE's high volatility definitely creates many opportunities, and using USDT as the trading base is still relatively stable.
I've seen many people use indicators like RSI and MACD to buy the dip or sell the top, but the effectiveness varies from person to person.
But honestly, m

Recently, many traders have run into problems when using the RSI indicator. The issue usually isn’t with the indicator itself—it’s with not understanding how to set its parameters deeply enough.
RSI (Relative Strength Index) may look complicated, but the core logic can be summed up in one sentence: it uses values from 0 to 100 to measure the strength of upward and downward momentum over a period of time. The closer the value is to 100, the stronger the upward momentum; conversely, the closer it is to 0, the stronger the downward momentum.
Judging overbought and oversold conditions is also not

Recently, while reviewing trading records, I found that many people still have a superficial understanding of moving average parameter settings, simply applying default values to start trading, only to be repeatedly whipped out by false signals and lose money. In fact, choosing the right moving average parameters is far more important than most imagine.
The core of moving averages is to smooth out chaotic price data, but what truly determines their usefulness is how you set the time period. I’ve noticed many traders haven't thought through their trading style at all and blindly copy others’ pa

Recently, I noticed an interesting phenomenon on social media—many people are posting goat emojis next to athletes, and I often see the word GOAT. At first, I thought it was just literally a goat, but then I realized it’s an abbreviation for “Greatest of All Time,” meaning “the best in history.”
The meaning of goat is actually that simple, but very few athletes have earned this title. In the football world, only Messi and Ronaldo are widely recognized as GOATs. These two have been competing against each other for 20 years, starting from when they were 17, breaking countless records. They’ve sc

Recently, I’ve seen people in the community ask what ATH is, and I found that many beginners are still a bit unclear about this concept. So today, let’s talk about my understanding of this topic.
To put it simply, ATH (All Time High) is the highest price that a certain asset has reached since it started trading. It sounds straightforward, but its significance in trading is actually quite big. When a coin creates an ATH, that moment is often full of opportunities, and at the same time, it also hides risks.
I’ve seen many traders make mistakes around ATH. A lot of people get carried away by the

Recently, I saw someone asking about candlestick patterns again, so I decided to organize my understanding and share it with everyone.
Speaking of candlesticks, many people know that this is a technical tool from Japan, but few can use it well. Our domestic stock market has been using candlesticks since it opened in 1990, but after all these years, most people's research on candlesticks still remains at the old methods from Japan—just looking at scattered combinations of single, double, or multiple candlesticks, without forming a truly systematic and complete understanding. Frankly speaking, c

I only recently truly understood what slippage is, and honestly, it's a bit embarrassing. I've suffered quite a few losses because of it before.
Simply put, slippage is the difference between the expected price when you place an order and the actual transaction price. It sounds abstract, but it becomes very obvious during real trading. For example, I want to buy 5 tokens with $1,000, thinking the average price is $200 each. After clicking market buy, the price suddenly rises, and I only end up with 4.5 tokens, but the average cost jumps to $220. That’s the power of slippage.
Why does this happ

Recently, I saw someone discussing rolling positions again, so I’ll share my understanding.
Rolling positions, to put it simply, involve small capital, high leverage, going all-in on the spot, stop-loss at liquidation, and increasing positions on unrealized gains. It sounds simple, but in practice, it tests courage, mentality, and market judgment. I’ve noticed many people have a big misunderstanding about rolling positions, thinking it’s just mindless adding to positions, but the core is about timing.
Looking back at several classic cases in the crypto world can help understand the power of ro

Have you ever heard of that self-proclaimed "future person" from Japan named Rei Kubun, who claims to come from 2058? This individual has become extremely popular online because many of her past predictions seem to have been quite accurate—such as Japan winning 27 gold medals at the Tokyo Olympics, the Nikkei index plummeting in March 2020, and Shinzo Abe stepping down in September. All of these events later happened. So, many people started to regard her as a true prophet, believing she might really hold some secret of time and space.
Rei Kubun says she was born in 1934, studied architecture

Many newcomers enter the crypto market, and the first thing they need to understand is what “liquidation” means. I’ve seen too many people lose all their principal just because they didn’t understand this concept.
Let’s start with the most basic idea. You have 5,000 dollars in hand and want to buy Bitcoin. Regular trading is simple—you just buy directly, paying one cent for one cent’s worth. But leverage trading is different. The exchange tells you that you only need to put up 10%, and the remaining 90% it lends to you. That means with 5,000 dollars, you can control 50,000 dollars worth of Bit

Recently, I came across a quite interesting historical question and wanted to discuss it with everyone—if Qian Hongchu had not surrendered to the Song, how long could Wu Yue survive?
First, let's set the background. In 974 AD, Zhao Kuangyin ordered the attack on Southern Tang. Qian Hongchu received not an invitation but an order. Wu Yue sent an army of 50,000 troops to cooperate with the Song army from the east to encircle and attack Jinling. At this time, Li Yu wrote a letter to Qian Hongchu, with the core message being: "Without me today, how can there be a ruler tomorrow?" The meaning was s

Wait, Song Hye-kyo and Lee Min-ho are together? Did I miss some big news? Why is this kind of gossip suddenly coming out?
Both are talented actors, I’ve never heard of any connection before. Did this happen recently? Or is my phone signal bad, am I too out of the loop?
Can someone tell me what’s going on? It feels like everyone in the world knows, and I’m still confused 🤔

Recently, many investment friends have asked me how to quickly grasp what’s happening during earnings season. In fact, this comes down to a basic skill—understanding the timing of when financial reports are released. I’ve noticed that many people don’t have enough understanding in this area, so today I’ll organize my experience.
First, let’s talk about Taiwan’s stock market. Taiwan’s rules are actually quite strict: all listed companies must complete their filings within the statutory period, with no exceptions. I myself rely on knowing these timing points so I can position myself in advance o

Recently, I noticed that the British pound exchange rate has been quite difficult to move, with a somewhat alarming decline. At the end of last year, the pound against the dollar fell from 1.24 all the way down, mainly because the US dollar was too strong. When US employment data was released, it was encouraging, whereas manufacturing data in the UK and Eurozone was weak, naturally putting downward pressure on the pound.
The underlying logic is actually easy to understand. The Federal Reserve expects to cut interest rates by only 0.43 percentage points by the end of this year, but the Bank of