Bob was no ordinary Bitcoin trader. No, Bob was the Bitcoin trader—at least in his own mind. He had watched one YouTube video, skimmed half an article on trading strategies, and opened three different crypto exchange accounts, ready to conquer the markets.
The Rise
It all started with a “brilliant” idea. “Buy the dip,” they said. So Bob bought. And then, miraculously, it dipped again. And again. And again. His strategy? Double down. After all, it couldn’t go any lower, right?
Wrong.
Bob’s account looked less like a trading portfolio and more like an art piece—one depicting a steady, downward slope. But he wasn’t worried. “HODL!” he declared, holding onto his losses with the same enthusiasm as a kid gripping his last piece of candy.
Then came The Pump. Bitcoin shot up overnight! Bob was back in the game. His balance skyrocketed! For about 15 minutes. Then, driven by a mix of overconfidence and pure caffeine, he did what any great trader would do—he went all in on leverage.
The Fall
If the market had ears, it would have laughed. Bob’s long position lasted as long as a sneeze before the charts reversed in the opposite direction with the force of an angry tornado. Liquidation notifications flooded his phone faster than a spam email list. His “diamond hands” turned into dust.
When the dust settled, Bob sat staring at his empty trading account, sipping his last overpriced energy drink. He had officially “made it”—into the ranks of the legendary rekt.
The Redemption
But here’s the twist. Bob didn’t give up. No, he learned. He read entire articles this time. He discovered risk management (a concept he previously thought was for cowards). And most importantly, he stopped putting his life savings on one trade.
Today, Bob is a different trader. He still trades, but he also laughs at his old mistakes. His story is now a cautionary tale shared among newbie traders, a legend whispered in Discord groups. Not realy but you get the point!
And as for Bitcoin? It continues to rise and fall, completely unaware of Bob’s struggles. But Bob? He’s wiser now, trading in smaller, saner amounts—and occasionally reminding himself that sometimes, the best trade is no trade at all.