My classic operation - failure

1. I made a mistake in my first transaction after entering the circle. I bought SHIT, which basically went to zero and lost more than 4,000 u

2. Because I lost money by buying local dogs, I focused on value projects later. I invested 200,000 in Debox. It rose a lot in the beginning and I didn’t sell it. Later, I made money in other places and increased my position several times. The total investment was 700,000 RMB. The highest value was 7 million. I thought I could make tens of millions, but it collapsed in the end. It was completely worthless and I just went to zero.

3. I bought 9600u of AICODE at a price of 14.8u. It fell by more than 90%. I haven’t checked the price for half a year. I don’t care about it for now. I just go to zero.

4. I bought XEN twice and invested 14,000u. I have also suffered a lot of floating losses. I hope there will be a chance to rise later.

5. I bought over 10,000 u of MERL in the OTC market at 2u, which fell by 90%. Later, I added positions twice at 0.3 and 0.287u. If it falls below 0.2u again, I will consider exchanging the remaining 10,000 u of MERL for MERL, which is what I am most optimistic about and am most willing to hold.

6. I also bought over 2,000 u of ATTIC, which went to zero.

7. By the way, there are also contract liquidations. I didn’t play contracts when I entered the cryptocurrency circle, but I was playing with margins and brushing surf points. I used 10x leverage to brush points, but I got stuck and waited for the release. Later, the market plummeted and was about to be liquidated, so I closed the position and reopened it. At the same time, I opened a 2x leverage on another account, hoping to make up for the losses in the bull market. As a result, I encountered a spike on August 5, and all my positions were liquidated. I lost more than 10,000 u because of playing with margins. Hey, what happened to the promise not to play contracts?

These are big mistakes and big losses. There are many small mistakes that I am too lazy to think about. In the next article, I will talk about my total holdings and expected value.