#交易故事 #BTC重返10万 #BTC交易 As a trader who has been in the cryptocurrency field for many years, my experience with BTC trading is filled with drama and lessons. Here are a few snippets from my real experiences that may inspire you:
1. The "tuition" moment of entering the market (2017 Bull Market)
At that time, I had just started engaging in contract trading, swept up by the FOMO sentiment of the bull market. One night, when BTC broke through the $10,000 mark, I impulsively opened a 20x leveraged long position, only to encounter a "liquidation" scenario—prices instantly retraced by 15%. Without setting a stop-loss, my account was directly liquidated. Lesson: Leverage is a double-edged sword; rapid rises and falls in a bull market can be more dangerous than in a bear market.
2. The regret of failing to sell at the peak (November 2021 ATH)
When BTC soared to $69,000, I discovered through on-chain data that there was a massive inflow of BTC into exchanges, while the funding rate for derivatives reached as high as 0.1% per day, indicating clear overheating. Despite sensing the risk of a pullback, I greedily thought of "waiting for one more new high," ultimately missing the best profit-taking point, resulting in a 40% profit retracement. Lesson: After formulating a trading plan, it must be strictly executed; the market will not operate according to personal expectations.
3. The "highlight moment" of counter-trend trading (During the 2022 LUNA Crash)
When UST de-pegged, causing market panic, BTC plummeted from $38,000 to $26,000. I observed that:
CME futures showed a gap of 10,000 BTC
The funding rate for perpetual contracts on exchanges reached a historical extreme of -0.3%
The Fear and Greed Index dropped to 6 (extreme fear)
I decisively placed a limit order with 30% of my position at $26,500, and two weeks later, I closed at $31,000. Key point: In extreme market conditions, counterintuitive actions plus data validation can often capture opportunities.
4. The lesson of being trapped by "institutional narratives" (2023 BlackRock ETF hype)
When the news broke about BlackRock applying for a BTC ETF, I heavily chased long positions, but overlooked:
The SEC approval process typically takes months
The heat of the news had already been reflected in the price (BTC from $25k to $31k)
The surge in futures open contracts led to liquidation risks
Ultimately, the market sharply dropped to $28k after a fake breakout at $31k, forcing me to stop-loss. Reflection: Be wary of the "buy the rumor, sell the news" trap before significant positive news materializes.
The essence of trading is a game of probabilities; rather than predicting prices, it is better to prepare for risk management. I hope these real stories can help you avoid some detours. Remember: in this market, surviving longer is more important than making quick profits.
