A leap from 3 million to 48 million!
Coming from a humble background, although I graduated from a prestigious university, my financial awareness was weak, and in 2016 I only saved 300,000. An investment in real estate let me taste success for the first time, but in 2017, while trying my hand in the stock market, I suffered heavy losses following the moves of influencers, later making substantial gains by collaborating with signal providers. This experience introduced me to Bitcoin, but contract trading quickly made me realize my naivety, resulting in a liquidation of 1.84 million.
After reflecting on my pain, I began to diligently study cryptocurrency trading techniques, and three months later, I turned over 300,000 to 980,000. At the end of 2019, due to the pandemic, I made small profits based on my experience and officially entered the crypto space after the 312 crash event.
In May 2020, I entered the market with a capital of 100,000 and accumulated it to 1.6 million by August. Despite experiencing a loss of a million, I firmly believed a bull market was coming and continued to move forward. In October of the same year, I accurately predicted the bottoming time of Bitcoin, reaping huge profits.
The subsequent bull market caused my assets to skyrocket, reaching 26 million in April 2021. I changed jobs and noticed the altcoins peaked, starting to look for undervalued areas. However, the 519 crash led to heavy losses, shrinking my assets to 18.5 million.
To recover my losses, I attempted contract trading, accumulating to 60 million by September. However, when I was about to buy a house, a traffic jam and a dead phone caused liquidation in contracts at other exchanges. Faced with this setback, I became overly speculative and fully entered the market, causing my assets to shrink again.
After experiencing ups and downs, I learned to operate cautiously. In February 2022, I still had 400,000 in funds, which later grew to 2 million but shrank again to 800,000. From March to September 2023, my assets decreased to 300,000, becoming my last bottom line.
In October 2023, I keenly captured signs of a small bull market and began to operate actively. By March 2024, my assets grew to 28 million. In May, I liquidated for travel, and in September, I returned to the market to accurately buy the dip, with assets rising to 35 million. At the beginning of December, I liquidated again to wait for opportunities, holding my positions until now after buying the dip.
This journey has deeply taught me the unpredictability of the market and the importance of continuous learning. In the future, I will maintain a cautious and learning attitude as I move forward in the cryptocurrency market.