I saw the setup on $INIT . A rounding bottom so perfect it could’ve been etched into the walls of a sacred temple dedicated to technical analysis. I knew what it meant. I knew what to do. And yet—somehow—I managed to lose money on the cleanest bullish structure I’ve ever seen.
Why? Because I didn’t trade the setup. I traded my ego—with leverage. Not the cautious kind. No, I went full lunatic: 35x like I was trying to speedrun poverty.
It pumped from 0.43 to 0.54—25.6%. Then it kept climbing to 0.61, up 41.9% overall. Meanwhile, I got liquidated somewhere near 0.41, because of course I did. Every minor dip? A liquidation. Every recovery? Salt in the wound. I wasn’t trading—I was donating.
The worst part? My thesis was right. The move happened exactly as expected. But I gave it no breathing room. I went in tight, leveraged, overconfident, and emotionally brittle.
Let this burn into your memory: a correct thesis means nothing if you can’t survive the path it takes to be proven right.
And now, if you’ll excuse me, I’ll be hosting a silent candlelight vigil for my balance.
