I just looked at the post and saw a lot of comments below. There were also comments below previous posts. I didn't reply before because I didn't understand much when I first started playing. I replied to everything I saw today. Unified response, I have charged a total of 300,000 and now have 110,000, how did I incur losses? Six months ago, I heard from a friend that the cryptocurrency market was entering a bull market and that I could earn some quick money, so I opened an account and deposited 30,000 RMB, officially entering the cryptocurrency world. I had played stocks before and felt that trading cryptocurrencies was similar to trading stocks. After about a month, I made around 10,000 from the 30,000, doing some swing trading, trading Sushi, KNC, GHST, ALCX, MLN, etc. I felt that making money in the cryptocurrency world was too easy, so I deposited another 60,000 to gather a total of 100,000, buying low and selling high to earn 1,000-2,000 and then cashing out. I probably made another 30,000 or so. I inadvertently discovered the highly popular Dogecoin at that time, which is my biggest regret now. I still can't understand why I bought Dogecoin. So, I bought in at 0.0005 for 20,000, and it rose to 0.0009. Wow, I made 10,000, doubling my investment. Later, it dropped, and I increased my position. I didn't sell a single coin. At that time, I heard someone in the square shouting that Dogecoin would reach 1 USD each later on, but I didn't believe it. I thought that if it reached 0.002, I would sell everything and double my money. Later, it fell to around 0.00078, and I sold all my other altcoins and bought only Dogecoin. It then dropped to around 0.0006, and I deposited another 50,000 to buy more Dogecoin. When it fell to around 0.0005, I deposited another 50,000 to buy Dogecoin. When it reached around 0.0004, I deposited 80,000, buying 60,000 Dogecoins, leaving me with 20,000 until now. You can see, the current price is around 0.00017. I don't even want to bottom-fish at this point. In less than ten days, the price dropped from 0.0004 to 0.00017, falling several times. I really don't dare to bottom-fish to lower my cost. Currently, including profits, I have invested a total of 320,000 in Dogecoin, and I still have just over 100,000 left. I have made up my mind; I will hang myself on this tree. I still have 20,000 left, and I have a pending order at 0.0001. If it drops to around 0.00005, I will open a 10x leverage long position on Dogecoin. That's it for now. This is the general process; the details are too complicated.
