The contract brings controversy! KOL was criticized for "using group friends' funds to hedge his own spot", and the statement retorted: Who helped establish an organization?

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The contract brings Shan Yan to the Taiwan crypto KOL! Recently, the price trend of the cryptocurrency market has been strong. As BTC reached the US$71,000 mark, the copying profits of many crypto KOLs were magnified and examined. Today (12th), Taiwan’s well-known contract trader “Alex and the Nature of Trading” announced the closure of the copy trading mechanism, igniting the war among Taiwan’s crypto KOLs.

Bringing orders to group friends and using them to hedge spot goods?

The source of the matter comes from a post posted by trader Alex on the Telegram channel this morning. The post pointed out that Alex's copy trading system will be closed because he currently believes that contract trading is not a good strategy in the bull market, even if it is used to hedge spot prices. The risk of price decline is not suitable for group members to follow orders, because some members may not have hedging needs, and he cannot control the proportion of funds of each member.

Alex closes copy statement

Unexpectedly, the wording of the post caused misunderstandings. Many KOLs believed that Alex used all the members' copy funds to "hedge their own spot" falling risks, and they started to comment and argue. Samplus, an analyst at Taiwanese trading team DA Capital Alpha, was the first to launch an attack on Thread. In the post, he first addressed Alex as "the enlightenment teacher", but every word revealed a strong smell of gunpowder and dissatisfaction.

Samplus Thread opens to choke Alex and has changed
samplus posted that it will reveal more news

Not only is it a member of DA Capital, another KOL small miner is also tweeting on the The income and winning rate are revealed.

Small miners mine and open acid on X

Alex replied: Who helped when it was first established?

Alex then made a clarification. He pointed out that the three consecutive stop-loss short orders in the Bitcoin market were not used to hedge his own spot, but were based on a carefully considered strategy.

He mentioned that it was only after the price of Bitcoin reached $60,000 that he realized that his judgment was wrong and decided to change his strategy. In addition, Alex also mentioned that although he mentioned in the live broadcast that future copy orders may be used for hedging, after many considerations, he decided to temporarily close the copy orders.

After Alex made his statement, the flames of war were not extinguished. Alex went on to attack DA Capital, accusing the team members of simply gaining traffic by criticizing him. By attacking him, he seemed to have a sense of accomplishment, and believed that there was no need to talk about enlightenment. .

Alex responded

INSIDE co-founder uses AI to compose music

In this regard, Xiao Shangnong also used AI to compose a song to entertain the incident. This song not only has interesting lyrics, but also cleverly integrates the ins and outs of the incident.

Xiao Shangnong admitted that he did not fully understand the specific controversial points in the crypto, but he did bring a bit of joy to this controversial incident through this song composed with AI. The brisk melody may also make people who are still angry KOLs forget about disputes.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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