17-year-old dropout trading cryptocurrencies: The fear of candlestick charts is thicker than the college entrance exam papers... While others are solving math problems, I am deciphering the greed of human nature; others are anxious about mock exam scores, I am anxious about the next moment's liquidation red line.
The screen is my only battlefield and also the abyss that devours me.
I still remember the first time I saw my account double; that dizzying ecstasy felt as if the world was at my feet. Dropping out was a wise and powerful choice. But the market, this capricious behemoth, turns around and gives you a resounding slap in the face. 312? 519? Those dates etched in the bones of people in the crypto world are the moments when countless small investors like me silently bleed in the middle of the night.
Fear: Every time the market crashes sharply, my heart feels like it’s being squeezed by an invisible hand, and the sense of suffocation hits me. My finger trembles as I refresh the page, and cold sweat soaks my T-shirt. My mind is filled with thoughts of 'It's over, it's going to zero, my life is over.'
Greed: Watching others become rich, the fear of missing out bites like a venomous snake. I know the risks are huge, but I can't help thinking 'ALL IN, what if?' My finger hovers over the 'buy' button, and reason and desire engage in a crazy tug-of-war.
Luck: After a crash, I refuse to cut losses, silently telling myself, 'It will definitely bounce back, it's just a washout.' As a result, the hole gets bigger and bigger, and only when the liquidation alarm blares painfully do I wake up to the harsh reality.
The uncertainty of the market is the sword of Damocles hanging over my head. One moment it's a celebration of 'the bull is here,' and the next it could be a 'death spiral' with rivers of blood. Every candle on the candlestick chart burns the hopes and despair of countless people. Do you think you've grasped the rules? That's just a mirage of the market.
At 17, I am forced to mature rapidly in this brutal arena of cryptocurrency.
Dropping out to trade cryptocurrencies sounds cool? The price behind it is a mental grind that my peers can hardly imagine:
1. Personally shattering the fantasy of 'getting rich': I realized that there are no gods in the market, only survivors. Getting rich overnight is a lottery with a very low probability; the cruel truth is to survive continuously.
2. Learning to dance with fear: No longer trying to eliminate fear, but learning to maintain a bit of clarity amidst it. Setting stop-losses has become the iron rule for survival.
3. Taming the beast of greed: I understand that slow is fast. The goal is no longer the myth of a hundredfold return, but steady compound growth. Cashing out is more solid than inflated numbers.
4. Killing the lucky mentality: The market will not pity your 'unwillingness.' When you're wrong, you're wrong; accepting losses and exiting is courage, while stubbornly holding on is often the beginning of destruction.
The light of the screen is still dazzling, and the candlestick charts are still fluctuating, but the weight in my stomach has lightened. In the face of wild price swings, my breathing is no longer rapid, and my palms no longer sweat. I begin to understand that the essence of trading cryptocurrencies is not predicting the market, but cultivating myself.
Dropping out may be a controversial choice. But in this crypto world, the trials, fears, greed, and luck I experienced, as well as the self-restraint, discipline, and reverence I ultimately learned, are lessons that no textbook can teach me.
To all the young souls struggling in the crypto world: Survive, and there is a future. Respect the market, and conquer yourself.
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