8 years in the cryptocurrency world, just a small player.
Because I was not satisfied with my monthly salary of 4200, I started dollar-cost averaging into EOS every month in 2017.
The result, haha...
But I was unwilling to accept it, so in 2020 I started trading contracts.
Invested 5000 yuan and followed the big players to trade long and short every day.
At one point, my account had 30,000 USDT, and I didn’t stop.
Later, I faced continuous liquidations, and my mentality collapsed!
But I was still unwilling to accept it, so I invested another 10,000 yuan. I continued with contracts. A big player in the cryptocurrency world taught me step by step, showing me the actual trends of the market at any time. I didn’t believe I would be liquidated again; I set the margin, stop-loss, and take-profit properly. This is human nature: once you start trading contracts, you must keep learning and improving to avoid pitfalls. Later, I indeed encountered many pitfalls, each different from the other. While learning and avoiding pitfalls, I eventually earned 1 million USDT.
However, I want to give a reminder to newcomers.
In this circle, the people making money are always the top 1%, and everyone wants to squeeze in.
But you need to continuously learn, constantly avoid pitfalls, whether big or small; if you're not careful, it can shatter your mentality, preventing you from facing the next pit calmly.
I do not expect this to bring me financial freedom, and I certainly do not want to face liquidation and be unable to confront my family. If you are also a tech enthusiast and are deeply researching technical operations in the cryptocurrency world, you might want to follow Gong Zhonghao's "Crypto Pioneer" to get the latest information in the cryptocurrency world.