Trading cryptocurrencies made me 2 million, but almost cost me my life
I never expected that a person like me could make hundreds of thousands or even millions from trading cryptocurrencies.
At that time, I had just entered the market, knew nothing, and listened to friends who said things like "Bitcoin can skyrocket". At first, I didn't believe it, but later I was really bored, so I threw in two thousand yuan just to give it a try. A few days later, it doubled.
At that moment, my mind was buzzing, and I thought—wow, this thing might really be a way to make money.
Then I started to research, watching the market every day, pretending to be a normal person during the day and sitting in front of the computer like a gorilla at night, staring at the candlestick charts.
Initially, I didn't make much, but the more I played, the smoother it became. I became bolder, trading futures, buying altcoins, and daring to mess with all kinds of "meme coins" and "dog coins". At my peak, I could make several thousand a day, and my account once surged over 2 million.
At that time, I was on cloud nine, really on cloud nine; I didn't even want to go to work anymore, fantasizing about retiring at thirty, taking my parents abroad to travel, and driving a Tesla to cafes to watch the market...
But what happened? I got slapped awake.
When altcoins drop, it's really life-threatening; a day of halving is considered gentle. The day before, I was still thinking of reaching 5 million, and the next day my account was so red that I didn't dare to open it.
Then I started various methods of averaging down, holding positions, waiting for a rebound, but the more I averaged down, the more I lost, effectively burying myself. All the money I earned was lost, along with a lot of interest and emotions.
Looking back now, I realize I was too young and too greedy back then.
Is making money hard? Actually, it's not hard at all. The hard part is, after you earn it, can you resist the temptation of greed?
Now I'm much clearer-headed; although my account is down to a little, at least I know how to survive. I no longer trade recklessly; I only deal with major coins and only accept risks that I can handle.
I used to make money quickly, and now I lose it quickly; in the future, I need to be steadier and slower, after all—life is more important than opportunities, and being alive means I can turn things around.