Daily question: Why is the account still not considered dispersed even after buying more than ten coins? When I first started trading, I was particularly afraid of putting all my eggs in one basket So I bought a little BTC, ETH, DeFi, AI, and Meme each, with over twenty coins in my account, thinking that the risk had already spread out. Later, when the market fell, I realized that I had only bought twenty different names of "Gaobo Dynamic Crypto Assets". When the market is good, they each tell their own stories; When liquidity contracts, it falls along with BTC. Especially among imitations, there is often the same batch of funds and the same risk preference behind it. If BTC drops by 5%, the so-called diversified position may also drop by 20% at the same time. The only thing that is truly dispersed is one's own attention. I have suffered this loss before. Too many positions, each project has not been thoroughly researched; I dare not add when the market is rising, and I am reluctant to cut when it is falling. When the market weakens, more than ten tracks will bleed together, and I cannot even determine which one to deal with first. True diversification is not about increasing the number of codes, but about making the sources of risk different: spot and cash, short-term and long-term, encrypted assets and other assets, and even keeping short positions when not understood. If all positions rely on the same condition - the market continues to release water, BTC continues to rise - then it is essentially still a heavy position transaction. Remember: holding a lot of coins is not called diversification; When they all rely on the same market trend to make money, you are just copying the same risk many times.
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More >Morgan Stanley increases its holdings of Bitcoin, with a total position of 10600 coins
Morgan Stanley increased its holdings of 91.69 bitcoins through its spot Bitcoin exchange traded fund MSBT, bringing its total holdings to 10639 bitcoins with a current value of approximately $880 million.
Main 24-hour trend: BTC major traders place more limit sell orders, totaling 719 million US dollars
According to the PRO main order list, the total transaction data of BTC and ETH main players in the past 24 hours is as follows: BTC: Accumulated transaction volume of 719 million US dollars, of which 272 million US dollars were bought and 447 million US dollars were sold, with a transaction difference of -176 million US dollars ETH: Accumulated transaction volume of 975 million US dollars, of which 485 million US dollars were bought and 489 million US dollars were sold, with a transaction difference of -3.74 million US dollars The latest data shows that the main players still have a layout in key price points: the net pending difference of BTC is $879 million; The net spread of ETH pending orders is 1.735 billion US dollars. The main pending orders may withdraw or close at any time, and non PRO versions of the K-line cannot see its changes in real time. The PRO 'Main Large Order Tracking' indicator monitors every large pending order in real-time, helping you determine if this' wall 'is still there. Note: If the difference between pending orders is positive, it indicates that the main force is placing more limit orders than sell orders on the currency, and there are active takeover orders below the current price; If it is negative, the opposite is true, as there is a reserve of selling pressure above. The data is for reference only and does not constitute any investment advice.
The State Council has issued opinions proposing the construction of a national blockchain network
The full text of the "Opinions of the State Council on Developing New Quality Productivity" has been released, proposing to optimize the layout of national data infrastructure, build a national integrated computing power network and a national blockchain network. (Source: Xinhua News Agency)
Trader Tetrose bets on October Fed rate hike, holds $4.45 million BTC and S&P 500 short position
On Polymarket, the implied probability of the Federal Reserve raising interest rates by 25 basis points in October is about 15.5%. Trader Tetrose holds 297800 Yes positions worth $46200, with a floating loss of $23600. Tetrose shorted 20.95 BTC worth $1.7345 million on Hyperliquid, resulting in a floating loss of $6491; We also hold a $2.7115 million short position in the S&P 500 index, with a floating loss of $1666. The total nominal value of the two short positions is approximately $4.45 million.
OneKey analyzes Ledger supply chain attacks and proposes five security improvement measures
Regarding the suspected tampering of Ledger devices sold through the CryptoBilis channel, which led to the theft of approximately $90 million in assets, OneKey founder Yishi stated that OneKey has not received any reports of damage as of October 10th. OneKey announced five improvement measures after analyzing the path of Ledger hardware supply chain implantation attacks, including upgrading anti-counterfeiting packaging, launching an initialization process for screen free display, and promoting communication encryption within the motherboard bus at the firmware and hardware levels. Yishi hopes that manufacturers, researchers, and distribution partners can work together to study the delivery process of equipment and the transmission of sensitive data within the equipment.