Initial capital of 11,500, today I just sold my last batch of 1000 stats + current assets.

Damn it, I cleared out 1000 sats early in the morning on the 26th, and from 11 o'clock on the 26th, it kept rising. Sold too early.

Pure newbie, clueless, I was pulled into the pit by a friend. Initially, I invested 1000 just fooling around, buying a new coin that had just launched for 1000 CNY, which later rose to over 1100 CNY. I took profits, found someone to exchange USDT, and got 1105. Reporting my results, I made a small profit of 105 in my first week. I used that money to treat myself to an American burger, which made me quite happy, and I didn't plan on playing anymore; I always felt that those who trade coins are like people on a rooftop, a bunch of desperate souls who would jump if things went wrong.

After a while, I heard that Bitcoin has dropped? With 2000 CNY, I jumped back into the crypto world and went all in on BTC.

After holding for two days, why is it still falling? It's frustrating. A few days later, damn, it hasn't hit the bottom yet, are you my dad? If it falls more, I’ll be numb to it. If it rises, I’ll say it’s good. Then it falls again, what the hell. If it rises, I’ll quickly get out; I can't take it anymore. Reporting my results, I lost 500 CNY this time. I'm not happy now.

Although I didn't lose much, just 2000 is manageable, but losing it all without a sound still hurts. Later, I saw that USDT financial products had a pretty high interest rate of 9%, so I threw the remaining 1500 in there to let it sit; I wasn't in the mood to play for the short term.

Bored and flipping through, I discovered Launchpool. After some research, I converted my funds into BNB to get some airdrops, but in the end, I didn't get much. But my principle is that even earning one cent is a profit, and being happy is what matters.

After a while, BNB dropped. Damn those airdrops, I got a sesame seed and lost a watermelon.

After taking a hit, I completely darkened and made up my mind to collect everything I am owed. After some research, I set my sights on 1000 sats and put the remaining money all in at once. Although I went all in, I wasn't mindlessly doing it; I kept an eye on posts in the square and quietly learned. I made a few adjustments and brought my total back to 1500 CNY, but the subsequent small tweaks were not very useful. When the market was good, I could close my eyes and buy to make a profit, but when it was bad, it was frustrating. I adopted the mindset of taking profits when they were good, selling off most of my 1000 sats, and keeping some as a backup.

Later, while observing, when 1000 sats hit the 19 range, I decisively averaged down. After averaging down, it continued to fall. Based on my understanding of it, I saw it as an opportunity, so I decisively added more funds to average down, with a total of 10,000 CNY added during this period. There were a couple of instances where I made small moves when I saw money, and then the long wait began.




On July 26, all coins were cleared out, and my initial capital of 11,500 finally turned into 16,416.40, a small profit of 4,916.4. I don't remember the exact time span, but after checking my records, I bought three times on June 15. This means my main buying timeframe was from June 15 to July 26. It was a little over a month, and making over 4900 felt great.

Let’s record this and show everyone. For those who find it interesting and want to have some fun, you can put in some money to play. But if you’re counting on this to get rich overnight, just forget it. I advise you not to touch it; getting into this world with the wrong mindset could ruin your entire life, even your family. Most of those who claim to get rich in the crypto world online are just boasting; don’t believe them. If they were really rich, they wouldn't be arguing with you; they’d be enjoying life. There are plenty of people who have lost everything. A friend who brought me into this, after quitting their job, had no income and relied on crypto to supplement their household expenses, but ended up trapped and couldn’t even pay their mortgage. Everyone, keep your eyes wide open.
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