I was in high spirits when I went home for the New Year this year.

At the age of 30, I had a savings of 1 million yuan. Although I didn't buy a house or a car, at least I was doing well. When relatives and friends asked me about it, I generously said: "I made some investments, and it was going well." Looking at their envious eyes, I felt a little proud. Before the end of the year, my life was back to zero. How did 1 million yuan come from?

After graduating from university, I joined an Internet company and worked there for seven years, rising from the bottom to a junior supervisor with an annual salary of more than 300,000 yuan. After deducting expenses, I saved 500,000 yuan. Last year, the cryptocurrency market was booming, and I entered the market with a try-and-see attitude. With good luck, my 500,000 yuan doubled to 1 million yuan. At that time, I felt that I had found the code to wealth, and began to trade frequently, fantasizing about trying again, changing my car this year, and buying a house in full next year.

The market won't let you win all the time. How did I get liquidated?

Years ago, when the market was volatile, I saw it as an opportunity. Seeing KOLs shouting 'buy the dip', I decided to leverage and go big.

I leveraged 3 times, turning 1 million into 3 million in long positions, confidently waiting for the market to take off. I stared at the K-line every day, fantasizing about the moment my assets would double.

However, the market didn't give me that opportunity. During the Spring Festival, bad news kept coming, and prices kept falling. I watched my account lose money, still unwilling to give up: 'Just hold on a bit longer, a rebound is coming soon.'

This morning, I woke up to a 20% market crash, and the exchange directly liquidated me.

This year, life has completely spiraled out of control. My smoking has increased exponentially, acne covers my cheeks, I can't sleep all night, and my quality of life has plummeted. Looking back at trading, is it fundamentally easy or hard? What does it ultimately lead to? I have no answers. The only thing I can be sure of is that I once had my own model and made quick money through it. However, everything changed completely at the beginning of the year.

In January, I went long on ETH with a full position, suffering huge losses as it fell from 2700 to 2200 points. After that, my actions started to distort, and I began to engage in margin trading. In May, I was liquidated again; my parents helped me pay off my debts, but I was unwilling to accept it and deposited money again, only to lose once more. In December, when BTC surged, I went short against the trend. I knew the risks of going against the trend were high, but succeeding against it would make me feel smart. However, this year, I lost my patience and rationality and only wanted to flip my situation quickly by using a large sum of money to escape my predicament.

Starting this year, no matter how accurate my judgment is or how perfect my entry point is, I can't make a profit. I've lost my previous holding capacity and the decisive mindset. Under the heavy burden of debt, trading has become increasingly difficult. The number of people who can walk away from debt trading is almost zero, and I am deeply trapped in it.

For more than a year, I am mentally and physically exhausted. I spend each day in anxiety and insomnia, my mental state is at an all-time low. Occasionally making a profit, but it quickly returns to zero, the vicious cycle of 'making a profit and losing it all' has completely broken me. I long to erase my debts and live a normal life. But after reflecting, I finally understand that I don't truly love trading. What I am obsessed with is merely the money it can bring. I miss those days: staying up late for reviews, writing summaries, and making plans; the passion I had then now seems like a distant dream.

Perhaps today is the moment of awakening. Although the road behind is full of thorns, I am willing to treat this day as a new starting point. If you are still on the path of trading, please be cautious.

This is the story of a 30-year-old programmer, not just a story about investment failure, but a true reflection of human nature, greed, and growth. The author uses personal experience to show us the high risks and volatility of cryptocurrency investments, while also revealing the fragility and blindness of human nature under the temptation of money.

This programmer initially gained good returns (from 500,000 to 1 million) through cryptocurrency investments, which led him to become overly confident, believing he had found the 'wealth code'. This mentality caused him to ignore market risks, leading to frequent trading and using high leverage (3x), trying to quickly amplify profits. However, the market is unpredictable, and overconfidence and greed are often the main reasons for failure.

- Control risk: Never use funds beyond your capacity, and avoid high leverage.

- Stay rational: Do not let emotions control you; develop a trading plan and strictly adhere to it.

- Learning and growth: Investing is a process that requires continuous learning and experience accumulation; do not rush for success.

- Accepting failure: The market is unpredictable, failure is part of investing, and it's important to learn from it.