My Life,
A life of realization has been too exhausting. I started trading cryptocurrencies in 2016, initially with a Ponzi scheme, earning around one million in a few waves. By 2017, I got involved in the cryptocurrency market, and the first significant crash in September hit me hard; my funds shrank by 90%. I was left with just a few tens of thousands, without knowledge of wallets or operations, and I was like a fool trying to withdraw from the exchange, fearing total loss. After that, I stopped paying attention and focused on real-world entrepreneurship. I didn't check in for three months, during which Bitcoin hit a new high. The altcoins I chose at a bargain price had risen 20 times. The exchange had switched to international registration, and everything was relatively peaceful. I previously had two companies and secured contracts for provincial enterprises in fifth-tier cities through connections. My business was thriving, and I could save a bit after spending throughout the year, covering my previous losses. Then, during Bitcoin's new high and the peak of altcoins, I misappropriated 800,000 from the company. This time I learned about leverage; I borrowed to go long at three times leverage, still unaware of the so-called futures. If I had held spot assets, I could have weathered the bear market in the following months. Like a fool, I began to study leverage. People can be too clever for their own good; I’ve always thought I was too smart. From playing Pai Gow to playing cakes, fishing, and Baijia Le, I would understand everything at a glance, learning without a teacher, unfamiliar with indicators and not looking at K-lines. Anyway, every time I bought, the price fell; when I cut losses, it would rise. With three times leverage, I blindly pulled up 10 points in altcoins. Looking back now, I realize how foolish I was. By the end of 2019, I had lost over 300,000. I was already heavily in debt, with over 200,000 in external debts, two houses mortgaged, and my car also mortgaged. At the end of the year, the pandemic broke out. Just before the outbreak, my son, born in 2018, was hospitalized with pneumonia. He was discharged on the 29th, and then the lockdown started. My brother-in-law, with progressive ideas, took me out during the second year of junior high to Wenzhou to work with non-woven fabrics. I made about 400,000 in three months. This wave of wealth lasted less than half a year. I learned about futures; starting with five times leverage, I eventually went up to 100 times, which made me addicted to the thrill of losing money. I was probably too careless and had a carefree personality, also the type of person who can't control themselves and opens positions worth 800 a day. Before the bull market, I was wiped out by Atom at 3 dollars. With no money left, I started borrowing from everywhere, asking friends and family, getting loans online, and using credit cards to scrape together 200, but it was gone in a few days. Every month, the factory settled around 90,000, and when money ran out, I had to rely on that little by little. I felt like a living dead person every month. At the end of 2020, I profited 700,000 from 20 times XRP, enjoying a stable year. I swore to stop playing and focus on repaying debts, regaining my mortgaged houses within three years. At the beginning of 2021, I drank a bit, feeling unsatisfied, and recharged 100 to enter a five times futures position on FIL. On the evening of February 4th, I flew to Xishuangbanna to rest. Before boarding, I closed an 8 million position. It then surged tenfold, and I enjoyed half a month with beautiful women in Xishuangbanna, not bothering to check the market. Returning home, I felt like I had been punched in the face, realizing I had missed a chance at financial freedom. I began to heavily invest in Ripple, and the nightmare began, with 200,000 liquidation every day for 13 consecutive days. In the beginning, it didn't matter, but later, every day I would wake up and just look for money. I moved every possible asset, mortgaged my house and car, but it was futile. I started looking for bank loans from acquaintances, and by this time, I could no longer stop. I vividly remember a small house in a county city, 104 square meters; the bank lent 250,000. I ran around for five days for the paperwork, even finding someone to guarantee it. The funds were submitted at 5 PM before the end of the workday; on the way home, I calculated 25 * 10, and got home at 6:10, only to see it liquidated. I realized I couldn't fill the debt anymore, so I rushed to get a divorce from my wife, trying to find a way to pay off our joint debts. Later, the debts exploded, leaving me with a broken family; my child was taken away, four houses seized, and my company's accounts frozen. In 2022, I ran to Beijing to work as a pandemic security guard, earning 280 for 24 hours. The agency took 20, and I spent my days watching the entrance in the isolation zone, sleeping only three hours a day. After a month and a half of this, I was exhausted, my mouth was full of ulcers, and I couldn't drink water. I found ways to make some money, and after a bit of capital, I began working on projects, gradually earning 70,000 to 80,000 a month. But then my restless heart returned; last year, I saved over 70,000 but ended up losing it all again, and this year I lost another 30,000. Just now, I faced another liquidation. I am utterly desperate. I write this today not to elicit pity but to genuinely advise everyone to stop playing. Continuing down this path leads to a dead end. There’s no turning back; I’m left with over 300,000 in debt. My life is already ruined. I hope you all find the way back, as greed equates to destruction...