After a hard year, everything was lost from July 6th to July 18th.
Thought I was the chosen one.
Thought I was lucky.
Thought that when it rises, it will correct.
I was reluctant to cut losses at a floating loss of 2000u.
Waiting for liquidation at a floating loss of 10000u.
Completely lacking the mindset of a true investor.
People learn the hardest lessons when they spend money.
These past few days, after the liquidation, I started to feel uncomfortable. Later, I realized that I initially came for spot trading, but mistakenly entered into contracts. After a small profit, I got itchy. Otherwise, if I had bought the large pancake for 10000u at 103000 and it went up to 122300, I would have made quite a bit too. 122300-103000=19300/103000*10000=1873.786408u.
Fast is slow, slow is fast.
Now it's a cooling-off period, I'll consider building a spot position after the price corrects. No need to be down, tuition fees must be paid in the end. I believe that as long as I keep learning and reviewing, I can still earn back 16000u from spot trading. Be friends with time and yourself, keep it up, brothers 😃.
The principal is still 100u; I'll save up to 500u before buying spot.
Remember, don’t be anxious, don’t be greedy, don’t be afraid, and don’t invest money you can’t afford to lose. This money doesn’t affect my family’s life, it’s just a little stash.
I’m sorry to the girl who washes feet, I can’t support her anymore, but her brother won’t starve, right? 😭