Seeing everyone around me making money, I made a small profit (+20%)
Felt that making money was too easy; I am the chosen one (+100%)
Started regretting that my position was too low, rushed in fully and got stuck at the peak (-20%)
Anxious to break even, various news groups, trading groups, dogecoin groups, due to lack of understanding, I was harvested by various IQs, tortured to the point of being battered (-50%)
Started to feel that contract dogcoins were all scams, became obsessed with value investing, began to play long-term spot trading. At first, I was full of confidence, but after two months, it dropped another 30%, and I began to doubt myself. Coupled with various negative news flying around, I decided to sell first and buy back when it drops ( -80%)
Waiting is boring, being stuck is long. You sometimes calculate how many times you need to multiply to break even, feeling inexplicably desolate, thinking it would have been better if I hadn't entered the crypto world. At this time, the market starts to hype new concepts, realizing you can't wait any longer and must act immediately. You put in all your remaining money, hoping to achieve success in one go, and the result is predictable: you go to zero (-100%)
You decide to make a fresh start and re-invest. You start carefully with your last funds to turn things around. At this point, you have become smarter, playing nothing but spot trading. Due to the previous excessive fear, you are always afraid of history repeating itself, selling at the slightest profit. Although it's not much, at least you're not stuck (-90%)
Finally, one day you think it will drop, so you sell all your positions, and the market starts to surge without a pullback. You think to yourself that it can't be that you won't fall, but BTC really just keeps rising, going up for more than a year. This kind of torment is even more painful than a bear market. You finally can't hold back anymore and enter the market at 69000, feeling proud when it rises to 74000, admiring your decisiveness. But then the market starts to adjust, with adjustments lasting for more than half a year, and you get stuck again... You start to remember that time controlled by fear. At this time, the domestic cement market crashes, the Middle East starts fighting again, and Russia is about to launch a mushroom bomb... it's terrifying, it feels like the end of the world, and you cut your losses again, thinking there will be lower positions (-120%)
As expected, you successfully avoided another opportunity for wealth. The market experiences another surge without turning back, and the value directly reaches 90,000. At this point, no one doubts that this is a bull market; this is definitely a bull market! So you push all your money in again, going all in! Soon, the price reaches 150,000, and your position shows a significant unrealized gain (-50%)
10. Various overwhelming positive news all point to BTC reaching 200,000. You start to regret being so foolish, wasting a once-in-four-years bull market like this; not only did you not make money, but you also incurred losses. Old Li next door, who sells pork, brags every day about making more from his coins than you. You feel a bit angry, starting to reflect on why you always feel like you're eating shit and can't get a warm meal? By this time, the price has been hyped up to 160,000 by fanatics. You know time is running out, and you don't want to wait another four years; you can't stand this life for another day. You must seize this last opportunity to turn things around. So you invest all the money you can borrow, sell, and get. Just as you wished, the price continues to surge to 190,000, and you miraculously start making money (+20%)
11. You start to show off to Old Li how correct your decision was, but the good times don't last long. Suddenly, the market experiences a big drop that wipes out all your profits. Although it's a bit unwilling, you've already gotten used to such flash crashes throughout the bull market, thinking that as long as you hold on, it will definitely bounce back. The result is disappointing; various sovereign countries simultaneously announce warnings against virtual currencies and will pursue criminal responsibility for traders. The market drops by 70% in one day (-800%)
12. You are completely convinced, thinking that having a few thousand left is still better than being stuck. So you almost cut your losses at the lowest point. The market quickly rises without looking back and reaches new highs. If you had sold a week later, you would have been financially free. Finally, the last straw that broke the camel's back has come; your psychological defenses are completely destroyed, and you have no courage to reinvest. At that moment, you feel that your life has no hope anymore. So you make one last call to your family and walk alone to the rooftop...
(-10000000000000000%)
The end of the story...
