It's been three months since I started, and I've lost two-thirds of my capital.

I entered the market on August 5, and on the first day, I witnessed the spectacular moment of the BTC plunge, all the way down to 48,000! I didn't buy the dip! At that time, I was shorting with a three-fold position, and when it slid, I made about 400 bucks! I regret it, if I had opened a position with dozens of times leverage, wouldn't I be rich?

Later, I started the strategy of holding positions, which is 20% of my capital with 100 times leverage, and no stop-loss.

One day, I opened a short position at 59337, this number I will remember for life!

I watched it drop to 58,000 and didn't take profit, I thought it would continue to fall, but unexpectedly, the Americans released the non-farm payroll data that night! Damn Americans! Great news!!!?

Then I saw it rise from 58,000 all the way to 65,000 without taking a breath, and finally, it exploded in a moment by more than a thousand points, spiking to 64999, and then it fell back down.

Damn, I got liquidated at around 64,000, that night, I lost two-thirds of my capital…

My thought process was that it couldn't possibly rise more than 6,000 points in one day, at most two to three thousand before it would drop back down; facing the volatility, all I had to do was stay put, after all, it would fall back.

Then it was buying the dip at the top of the mountain, shorting all the way to the bottom, back and forth, severe losses, it made me furious.

Later, I started learning various things, even joined a membership group, those bloggers just casually talk, and it's my hard-earned money that gets lost! They feel no guilt at all.

Later, I realized that this capital is like my own wife; can you spend money to let others sleep with your wife and still cheer afterwards? Isn’t that just foolish?

Then I worked hard to improve myself, intensively learning about patterns, trends, and reading candlesticks. Later, when I reviewed that day again, I found that it was a head and shoulders bottom pattern, and I opened my short position at its left shoulder. If I don't lose, then who does?

At one point, I thought the exchange was targeting me, or it was destined to hit me, so I uninstalled it overnight and moved to Binance.

Actually, for a regular person like me, making three to five hundred a day is already something to be content with; people just can’t earn money beyond their understanding!