To be honest, in the last few years of my career, I was almost anxious every day, with constant news of layoffs, peers losing their jobs, and the pressure of mortgage payments weighing heavily on me. The reversal of the overall environment forced me to change myself, breaking the limitations of just listening to those around me and having a closed mindset, gradually starting to broaden my horizons and learn global information and knowledge. The pace of development in this era is too fast; if you still live at the bottom of a well, you will ultimately be ruthlessly abandoned by the torrent.
Today is the 4th day since I officially entered the cryptocurrency market for real trading. I am lucky; as soon as I entered the market, I caught the rebound, and my account overall has increased by more than 20%. If it were before, I might have only regarded such a market as news and scolded 'they are all scammers' in my heart, but now it is truly reflected in my account. It was precisely the pressure of unemployment that prompted me to make bold attempts and welcomed a turning point.
To be honest, this is also my first time entering the cryptocurrency circle, with no one around to guide me, and I don’t dare to trust others easily, fearing I might encounter scammers. I can only rely on myself to gather information, learning while operating, and not investing much capital. Newcomers inevitably have to pay tuition fees - today I initially wanted to set a take-profit order, but I clicked too quickly and ended up buying instead, which caused me to lose part of my original profit. Fortunately, I didn’t sell everything, only a third, and this wave of the market can still maintain above the cost line. But I know very well that if it were in a downtrend, such a mistake could lead to a direct liquidation.
On August 6th, I bought ETH for the first time, and on the 7th, I added about a third of my previous investment. On the 9th, I participated in an airdrop project on the platform, and the peak increase exceeded 70%. At that moment, I was stunned and couldn't believe the market in front of me. But I was also afraid of selling too early and missing out. Later, I didn't touch the airdrop coins, thinking of selling a third of my ETH, but I made an operational error where selling turned into buying, directly purchasing $50 worth of ETH at a relatively high price, which made me nervous and flustered, and then I sold an equivalent amount. After all the fuss, I couldn't even tell if I lost or just broke even, though I thought the part I bought on the 6th was pretty good, so overall it should be considered flat. Fortunately, the market was good, or I would have incurred much greater losses. On the 10th, I saw the airdrop project retrace to over 30%, and after the project ended, I sold everything directly, gaining a small profit.
Overall, I am very satisfied to have made a 20% profit right from the start. Recently, with various news warnings about a major pullback, I haven't dared to buy Bitcoin, thinking the current price is too high and planning to wait for the next pullback opportunity. I also want to tell all friends who want to enter the circle or have just entered, to start with a small amount of funds to test the waters, learn operations, develop a meticulous and cautious habit, and more importantly, train your mindset, don't be too greedy. This market does not have a closing time, the price fluctuations are exaggerated, so be sure to respond cautiously.
I will continue to organize my trading records and review insights, hoping to help more newcomers avoid pitfalls and walk more steadily and further.