I come from an average family background. Although I graduated from a 211 university, my work abilities are average, and I didn't have any financial planning. So by 2018, I had saved less than 200,000.
I bought a house in 2015 for 830,000, with a down payment of 180,000. I sold it in May 2016 for 1,290,000. After deducting various fees, I had about 800,000 at that time.
In 2017, the stock market began to rise, and I tried buying stocks, usually in increments of a few thousand. Until one time, I trusted a well-known figure on Weibo (that person was amazing, and their experience was somewhat similar to mine later), I bought 400,000 worth of Tonghuashun at a high point. Two months later, I lost 170,000 and had to cut my losses. Then I found another trader and agreed on a 55% split. That month I made 1,400,000, giving them 700,000.
At that time, I came into contact with Bitcoin. Initially, I just wanted to earn a few thousand each day until a month later when my contract exploded, resulting in a loss of 1,840,000.
Since then, I started researching cryptocurrency trading techniques. I spent 199 to purchase over 1,000 indicators on Coin World. Later, I excelled in the crypto space, turning my remaining 200,000 into 980,000 in three months.
In 2019, when the pandemic broke out, I worked from home. Having learned from previous painful lessons, I decided to only invest 5,000. After making about 50,000, many people were bullish, but I sensed trouble and thought there would be a crash. So, I liquidated everything and posted about it on Weibo. This also helped me gain my first group of followers.
Then, on May 12, a breakout occurred. This officially marked the beginning of my legendary journey in the crypto space.
In April 2020, I invested 100,000, and by August 2020, my assets grew to 1,600,000. I lost 1,000,000, and I clearly remember the next day when my mentor talked to me, amazed at how I could lose 1,000,000 and still be cheerful. I knew for sure that the bull market was right around the corner.
On October 3, 2020, I calculated through cycles and determined that Bitcoin would bottom out on November 5, which matched perfectly with the actual bottom. This was one of my proudest moments, as one of my followers invested 100,000 that day and made 10 million shortly after.
Then came the bull market. By April 2021, I reached my first peak, earning 27 million. Both the time and amount exceeded my initial expectations. At this point, I also changed jobs, earning around 400,000 per year. However, I noticed a serious issue: almost all altcoins had already peaked in structure. Thus, I made a serious mistake—looking for low spots, which meant choosing to invest in domestic projects that were relatively weak in this bull market.
On May 19, a breakout occurred. By July, my 26 million had decreased to 18.5 million. Starting in July, I began trading contracts, and by September 4, I reached 60 million. I submitted my resignation.
On September 4, I went out to look at houses, preparing to buy one. On the way, I seemed to notice some structural issues, so I closed a 5.6 million contract on Binance. However, because I had over 100 contracts across OKEx, Huobi, FTX, and Gate, I couldn't close them all at once on OKEx and Huobi, as many coins had single-order limits, and FTX required me to return to my computer to operate. To make matters worse, it rained in Jinan that day, causing heavy traffic, and my phone ran out of battery. By the time I got home, all my positions on OKEx, Huobi, FTX, and Gate had been liquidated.
At this point, I should have stopped, but thinking about the 4 million house I was preparing to buy, with only over 5 million in hand, I got greedy and decided to go all in with 10x leverage, targeting a modest double.
Things started to go wrong.
After the Mid-Autumn Festival in October 2021, I was left with 43 million in losses. A week later, I earned back 5 million and asked a friend to withdraw 30 million.
From then on, I operated with smaller positions. By February 2022, I still had 400,000 on Binance.
From February to April 2022, my 400,000 turned into 2 million. From June to August 2022, 2 million shrank to 800,000, and I began to reduce my positions. From March to September 2023, 800,000 dropped to 300,000, and I began to reduce again. I still had 300,000, which for me represented the last bottom line in the upcoming small bull market. In October 2023, I sensed that a small bull market was coming, so I started trading and by March 2024, I reached 28 million.
In May 2024, I liquidated my positions and traveled for several months. In September, I publicly bottomed out on Weibo, and my assets reached 35 million.
At the beginning of December 2024, I liquidated my positions. My Binance account had 48 million. After bottoming out at the end of December, I've been holding my positions ever since. This bull market has been very hard to navigate. The experiences from the previous two bull markets do not apply here; the market is constantly changing, and so am I.
The story continues, and I am back again. I am waiting for an opportunity. However, this opportunity is like stars in the night sky, always out of reach.
I want to double my account, I want to enjoy big profits, I want to succeed in recouping losses.
Follow closely behind Xian Ge and position yourself in the main upward wave of the bull market!
