March Summary
I entered the market in March, wanting to make some money in the cryptocurrency circle to buy a bag for my girlfriend, and I bravely ventured into the cryptocurrency circle with 4,000 yuan. At the beginning, I was led by the big brother in the group, and I had no idea. At the beginning, the trend was good, and the highest profit was from 4,000 yuan to 6,000 yuan. Later, I experienced 314. At that time, Bitcoin and Ethereum were 50 times. I opened a total of 4,000u and suffered a liquidation.
One morning, I woke up and made 100u, but I didn’t run away and continued the pattern. An hour later, I saw that all my profits were withdrawn. I was heartbroken, but I didn’t run away and continued to hold. Later, when I was in class, I saw Bitcoin and Ethereum had a return rate of more than 100%. Because I didn’t know how to hedge, I just endured it. Looking at the decreasing margin, my mind became more and more irrational, my brain was lacking oxygen, and I regretted that I should have run away if I had made a profit last night. Finally, I took out 350u of spot and wanted to continue to hold it, but it was contrary to my wishes. On the morning of March 17, the position was blown up. I had class at 8 o'clock, and I woke up very early. Looking at the only 150u of spot, my mind was confused, lying on the bed, at a loss.
Later, I was devastated and took out 50u from the spot to start again and want to get back the money. The big brother in the group also disbanded the group chat because many people had their positions blown up. At that time, I felt isolated and helpless. Later, the two brothers in the group pulled a small group to discuss what to do next. I am very grateful to them for giving me the determination to continue.
Slowly, I began to look for more reliable people in the square and follow their points to make orders, but it was contrary to my wishes. Losses, losses, and losses. 50u was quickly lost. After that, I felt that spot was still good, so I started to increase my position, adding 5,000 yuan, leaving 100u for myself to play contracts.
After that, the market gradually improved, and I took out 200u to follow two people. In general, I made a few u and a few u, and lost dozens of u, and one of them was liquidated. After that, I found that it was better to trust myself than to trust others, so I learned how to read trading indicators and when to enter the market.
Three days ago, I started to play contracts. On the first day, my position increased by 15%. On the second day, because I did not judge the situation clearly, my short position was trapped for a day. Today, the short position was released. ENA accurately bottomed out and covered the position today. The cost of last night's order also reached 1.05. I am still optimistic about ENA.
In short, I still have many shortcomings now, and I need to continue to learn. I don’t ask for a 100% winning rate, but only want to make money without liquidation.#ENA#Solana$ENA $SOL