When will this bastard go bankrupt? There's no big ending.

Today's funds: 950 U, March 5, 2025

Yesterday's funds: 643 U, today's funds: 950 U, the last battle of the contract's lead order, Day 2.

I felt terrible after the liquidation the day before yesterday. In desperation, I sought a bit of comfort and came to the diary. I saw that the comments were mostly cold and sarcastic, and I had a belly full of anger with no place to vent. I noticed that the position had a hidden setting, so I directly clicked to hide it.

A classmate told me to open the lead order contract position and not to hide it. He wanted to use me as a counter indicator and open a reverse position against me.

People pay for movie tickets; I’ve written this diary for so long. If the lead order contract wants to see my position, come on, 10 U isn’t that much, right? Besides, 10 U in the lead order contract doesn't necessarily mean a loss; maybe this time I will turn over a new leaf and make dozens or hundreds of times. Anyway, if I get liquidated this time, you won’t have a chance to follow my trades anymore. If I get liquidated this time, I will disappear from the crypto world.

I imagined how I would get liquidated this last time. After buying the coins, I felt that 4x leverage was still too high, and 3x made me uneasy. I’m a bit paranoid about it now. The methods are ever-changing; what I need to do right now is to protect the life of the contract, not to earn how much money. Once the funds reach a certain scale, I can take a small part out to gamble.

The key is still to set stop-loss and avoid over-leveraging after a decline. I imagined if BTC drops to 60,000, can my lead order contract survive?

If BTC drops to 60,000, I feel like I would get liquidated. You can dodge the first day, but not the fifteenth. With low leverage, reduce holding time, and most importantly, set a stop-loss. If it drops, accept the loss and know how to admit defeat.