One was trapped by air coins into heavy debt, while another made a comeback with altcoins, and now both are hiding from debt collectors.
Back in the day, the three of us monitored the market day and night in a WeChat group, trading short-term and dreaming that a bull market could turn things around.
At that time, A heavily invested in a domestic public chain project, believing in the white paper, trusting big influencers, and thinking it would be the 'next Ethereum.' He even sold his house in Shenzhen and dragged his wife into an all-in gamble. Later, the project collapsed, the team ran away, and he ended up in massive debt. He still hasn’t changed his WeChat profile picture, and his QQ number is still online, but no one dares to poke him.
B took a different path.
He made dozens of times his investment thanks to a wave of DeFi and a certain Memecoin, quickly becoming a 'small rich man in the crypto circle.' Unfortunately, he didn’t cash out and even pulled in money from friends and relatives. This year, with the market crash, he not only emptied his account but also owes millions to friends and family. 'On the day he brought people in, he was a hero; on the day things went wrong, he was a fraud.'
I have always been in this circle, but now I just want to say:
Trading coins is not just about looking at K-lines; you also have to understand human nature.
Investment is not just about FOMO; you also need to know when to stop.
Have you ever seen a more ruthless 'crypto tragedy'? Let’s discuss in the comments.
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