My road to the liquidation of cryptocurrency contracts

I started to know Bitcoin in May 2018, and learned that one day in the cryptocurrency circle is like ten years in the human world! In December 2017, there was a bull market, and many coins doubled dozens of times, even hundreds of times. I felt that I had missed hundreds of millions, and from then on I began to pay attention to and understand Bitcoin. How to invest in Bitcoin? But I always felt that the risk of Bitcoin was too great, so I never invested, and at that time all the money was in the stock market, so I didn’t pay much attention to it. I only spent 300 yuan to buy a few grapefruits on Huobi. I remember that grapefruits were 70cny at that time, and I didn’t care about it later!

It wasn’t until around May 17, 2019, I can’t remember the exact time, I bought 5,000 yuan of coins on Huobi, and started my step-by-step road to liquidation. I started playing contracts! I started with 10 times leverage, and then 20 times. After opening a high leverage, I never want to open a low leverage again!

After two days of losses, I still had 2,000 yuan left. Later, I switched to the 58coin platform because it had a 100x leverage, which was exciting. I bought another 8,000 coins.

But BSV skyrocketed, and there was a myth of a 500-dollar one-day trip of 1 million. I also opened a 100x leverage contract for BSV. As expected, the position was blown up and the assets returned to zero. In a few minutes, the stretching speed was too fast, and the position could not be closed at all. The pending order was directly buried!

On May 22, 2019, well, I just didn't believe in evil, and bought another 3,000 coins and fought! As a result, it was blown up again, and the assets returned to zero again! Lost 11,000 in two days! It was just a matter of a few minutes! It's really human greed and gambler mentality!

I don't know if I will block it again in the future? It's so uncomfortable!

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