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Bitmex Poo Popery
My Experience and Lessons Learned Using The Bmex Rewards Token
Show me the rules and I will play the game.
Compared to when I lost everything on defunct Cryptsy and Scrypt.cc to the tune of several hundred BTC and weathered through the 30% haircut on Bitfinex, and other hacks my experience with the Bitmex token (aka. Bmex) has been a Sunday School Picnic.
Few people appreciate the quick self-correcting mechanism of free markets. The normal course of events is when poorly managed trading accounts blow up they blame the exchange rather than deal with their own malfeasance.
The 2022 crypto failures and resulting losses have caused a groundswell of support for nanny state protections and regulations by the S.E.C. and other regulatory bodies, yet another U.S. agency that should be abolished rather than further empowered.
Consistently successful traders deal with loss. It is a way of thinking that unsuccessful traders do not possess. Consistently successful traders often lose! We know there are no magic beans for success.
The best way I have seen this principle is by active trader Tom Hougaard in his book Best Loser Wins, who like me publishes his trading in real-time, unlike the loud-mouthed gurus who proclaim an easy magic bean path to riches