Black Jack King
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Gambling on dogs went from 10u to 85u and then lost everything.
A few days ago, while scrolling through videos, the blogger mentioned that if you don't have money, you shouldn't trade dog coins, which surprised me because I have always been interested in digital currencies, so I downloaded the software.
On the first day after downloading, I started shorting, benefiting from last night's sharp drop. I thought I understood human greed; I previously thought that after a significant drop, there would definitely be gamblers trying to buy the dip. Although the gamblers did buy the dip, they couldn't pull the market up, so it continued to fall. So, as a self-proclaimed god of coins, I placed a buy on the left hand and a short on the right, leveraged 20 times to earn about 20 points and then exited, flipping back and forth. By yesterday afternoon, I had made it to 85u, and then by the afternoon, there was a significant rebound, rising 7 points at once, which made me lose 70% of my capital in one go. Then I started going long, and it dropped; I went short, and it rose, until it finally dropped to 10u. Then a friend said that US stocks would rebound tonight, and digital currencies were likely to follow, so I used the last 10u to go long.
That night, from initially dropping 50 points to rising 50 points, it felt like it was just over a minute, and then it suddenly doubled. I didn't exit and kept jumping back and forth. Many times it dropped to 20 points, and I thought about cutting losses. I thought, since it was just 10u of capital, I could afford to lose it. Then I just woke up and found I had made 80 points, which made me reflect. I realized that the times I made the most money were actually when I firmly went short and firmly went long, while not paying much attention to the software, and that was when I earned the most.
This made me ponder whether there was a problem with my previous trading model. Could it be that the core of trading coins is to hold firmly?
A few days ago, while scrolling through videos, the blogger mentioned that if you don't have money, you shouldn't trade dog coins, which surprised me because I have always been interested in digital currencies, so I downloaded the software.
On the first day after downloading, I started shorting, benefiting from last night's sharp drop. I thought I understood human greed; I previously thought that after a significant drop, there would definitely be gamblers trying to buy the dip. Although the gamblers did buy the dip, they couldn't pull the market up, so it continued to fall. So, as a self-proclaimed god of coins, I placed a buy on the left hand and a short on the right, leveraged 20 times to earn about 20 points and then exited, flipping back and forth. By yesterday afternoon, I had made it to 85u, and then by the afternoon, there was a significant rebound, rising 7 points at once, which made me lose 70% of my capital in one go. Then I started going long, and it dropped; I went short, and it rose, until it finally dropped to 10u. Then a friend said that US stocks would rebound tonight, and digital currencies were likely to follow, so I used the last 10u to go long.
That night, from initially dropping 50 points to rising 50 points, it felt like it was just over a minute, and then it suddenly doubled. I didn't exit and kept jumping back and forth. Many times it dropped to 20 points, and I thought about cutting losses. I thought, since it was just 10u of capital, I could afford to lose it. Then I just woke up and found I had made 80 points, which made me reflect. I realized that the times I made the most money were actually when I firmly went short and firmly went long, while not paying much attention to the software, and that was when I earned the most.
This made me ponder whether there was a problem with my previous trading model. Could it be that the core of trading coins is to hold firmly?
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