青陆说币
优质内容创作者，致力于研究一级市场暴涨币种，二级市场优质潜力币。关注公众号：BTC强哥
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A fan contributed:
I entered the market in July 2017. I didn’t invest much at first, just 10,000 yuan. I didn’t know what eth was at first, so I started playing eth. It was about 1,000 yuan each. After two days, it suddenly exploded at night. When it reached 2700, I liquidated the position around 2400, and later bought LTC, one for 220, and cleared the position at 360. After that, I encountered the domestic 94, and I quit (I still regret quitting even now). After exiting the market, I went into stock trading. After two months of stock trading, my 30,000 yuan principal lost to 2,000,000 yuan. After thinking about it, I can't get back my capital by stock trading, so I should go back to currency trading. At that time, Bitcoin plummeted from 20,000 U.S. dollars to 3,000 U.S. dollars. I didn’t buy it in the middle. I kept learning about Bitcoin and blockchain related knowledge. It happened that Huobi released ht in January 2018, and I was waiting to buy ht. After ht went online, I started to buy it. 2 fell to 1.2, I studded ht at 1.5, and then ignored it. I took it for a year. This year, the market was mediocre and there was no operation.
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Explore the new era of digital wealth and enter the currency circle together
Have you ever thought about how your wealth can grow rapidly in this era of information explosion? Do you expect that there is a brand new field waiting for you to explore and conquer? So, please come with me and enter the currency circle. Here is a new world of digital wealth!
The currency circle is not only a new term in the financial field, but also a new direction for future wealth. Here, every participant is an innovator and an adventurer.
In this world and the currency circle, there is no easy way to win for nothing, especially for us ordinary people. Real change, whether it is life or destiny, requires us to be down-to-earth and work hard.
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In the wave of the bull market, remember not to be blindly impulsive!
Yesterday, I was chatting with a friend in the currency circle. She shared her secret of earning up to 100,000 US dollars per month, mainly through precise trading strategies - buying at low prices and selling at high prices. What is admirable is that in the past six months, she has neither ventured into the popular field of inscription nor suffered from the fluctuations of Bitcoin, which is undoubtedly a remarkable achievement.
Everyone has their own unique way to make money in the currency circle, but in the final analysis, as long as you can make stable profits and protect the results, that is the right path. We don’t need to worry too much about whether the way to make money is “orthodox”. Money itself is not right or wrong, nor does it have good or evil attributes or emotional color. Therefore, when dealing with ways and money to make money, we should maintain a normal mind and avoid any bias or emotion.
In a bull market, the core strategy we should adhere to is to buy. Avoid frequent buying and selling, as this is not only futile but may also cause you to miss out on huge gains. You just need to buy and hold, no matter how much money you invest, holding is a wise move. Of course, holding does not mean you will definitely get rich. The market is always full of variables, and the value of assets may disappear overnight. But as long as you have firm beliefs and don't sell easily, you will at least avoid missing out on the opportunity for sudden gains due to premature selling.
In fact, those who buy and sell frequently are at the same risk of going zero as you are. And if you choose to hold, you eliminate the possibility of missing out on the surge due to premature selling, which virtually increases the chance of success and the potential to get rich.
Although holding seems simple, it is not easy in practice. So, how can we hold it firmly?
I think the most critical thing is not to rely on a deep understanding of the market or a comprehensive understanding of the project. Because the market is unpredictable and projects are more complex than we imagine, we can never fully grasp all the information.
I think the most important thing is psychological construction. Tell yourself every day that you have the ability to realize your dream of getting rich in this market. Under the premise that risks are controllable, firm belief and belief that you can seize opportunities will bring you a huge psychological advantage.
Because only in this way can you stay calm and rational amid market fluctuations and truly realize your dream of getting rich.
#BTC #DOGE #SHIB #牛市来了
Yesterday, I was chatting with a friend in the currency circle. She shared her secret of earning up to 100,000 US dollars per month, mainly through precise trading strategies - buying at low prices and selling at high prices. What is admirable is that in the past six months, she has neither ventured into the popular field of inscription nor suffered from the fluctuations of Bitcoin, which is undoubtedly a remarkable achievement.
Everyone has their own unique way to make money in the currency circle, but in the final analysis, as long as you can make stable profits and protect the results, that is the right path. We don’t need to worry too much about whether the way to make money is “orthodox”. Money itself is not right or wrong, nor does it have good or evil attributes or emotional color. Therefore, when dealing with ways and money to make money, we should maintain a normal mind and avoid any bias or emotion.
In a bull market, the core strategy we should adhere to is to buy. Avoid frequent buying and selling, as this is not only futile but may also cause you to miss out on huge gains. You just need to buy and hold, no matter how much money you invest, holding is a wise move. Of course, holding does not mean you will definitely get rich. The market is always full of variables, and the value of assets may disappear overnight. But as long as you have firm beliefs and don't sell easily, you will at least avoid missing out on the opportunity for sudden gains due to premature selling.
In fact, those who buy and sell frequently are at the same risk of going zero as you are. And if you choose to hold, you eliminate the possibility of missing out on the surge due to premature selling, which virtually increases the chance of success and the potential to get rich.
Although holding seems simple, it is not easy in practice. So, how can we hold it firmly?
I think the most critical thing is not to rely on a deep understanding of the market or a comprehensive understanding of the project. Because the market is unpredictable and projects are more complex than we imagine, we can never fully grasp all the information.
I think the most important thing is psychological construction. Tell yourself every day that you have the ability to realize your dream of getting rich in this market. Under the premise that risks are controllable, firm belief and belief that you can seize opportunities will bring you a huge psychological advantage.
Because only in this way can you stay calm and rational amid market fluctuations and truly realize your dream of getting rich.
#BTC #DOGE #SHIB #牛市来了
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From a college fan who played until he had nothing:
A student's real experience in the cryptocurrency circle
When I was a student, I first stepped into the cryptocurrency circle, a land full of unknowns and opportunities. At that time, I had an initial capital of 2000u and wanted to explore some extra income here. This decision came from the recommendation of a friend. He told me that Ouyi's usdt Yubibao had an annualized interest rate of 10%, and each account could invest up to 2000u. For me at the time, this interest rate was much higher than Yu'ebao, so I decided to give it a try.
At that time, I had some understanding of virtual currency, but not in depth. At the suggestion of my friend, I saved my living expenses by eating frugally, and except for 1,000 yuan for daily expenses, I changed all the rest into u and deposited it in Yubibao. However, the volatility of the cryptocurrency circle is much greater than I imagined. Under the shadow of the bear market, I saw that almost all currencies on the software were falling every day. At the same time, my friend made a lot of money in the short position, which made me have a strong interest in contract trading.
Although the interest of Yubibao is stable, it seems insignificant compared to the income from contract trading. Under the guidance of a friend, I began to learn contract trading. At first, I knew nothing about it, but soon discovered its simplicity and excitement. My first order was to short an unpopular altcoin, which actually brought more than 200u of income, which is more than the interest I get from Yubibao in a year.
Having tasted the sweetness, I began to transfer all the funds in Yubibao to the contract account and devote myself to trading. I studied K-line, technical indicators, paid attention to various news, joined various contract circles, and even began to imitate my friends' trading behavior. I adopted a special method of opening a position: entering the market when my friends were losing money. This reverse indicator strategy has a high winning rate, which allowed me to achieve rapid growth of funds in a short period of time.
However, trading is not smooth sailing. I have many common mistakes of novices: I like to carry orders, increase positions with floating losses, and rarely stop losses. But fortunately, I seem to have a novice protection period, and I can carry back every time I carry orders, and my winning rate has remained above 90%. This made me start to feel a little euphoric, and I even thought about making money by taking orders.
In two months, my 2000u tripled to 6000u. I went from a novice who knew nothing to a trading master in the eyes of my friends. However, just when I thought I had found the password to wealth, the market gave me a heavy blow.
One night, my friend suddenly told me that his account was liquidated. I took a look at the altcoin he placed an order on and thought it was a good opportunity to go short. So, I opened a short order 20 times above his liquidation price. As I expected, the currency began to fall sharply. I kept going all the way, and a week later, my assets increased 10 times, reaching 60,000 U.
I excitedly withdrew the initial 2000u principal invested in the currency circle, spent a lot of money, and even bought an Apple mobile phone. However, the good times did not last long. I think the market has reached the bottom, and I plan to go long. The goal is to stop buying spot without touching the contract at 100,000 u. But this time, my luck seemed to have run out.
I started to make losses as soon as I bought it. Since I was used to carrying orders, I wasn't too anxious. However, the market didn't move the way I wanted. On the first night, I only had less than 40,000 yuan left of my 60,000 u. I still thought the market would rebound, so I added another position. But soon, the K-line began to stabilize the downward trend and fluctuated within a range.
By the second night, I started to feel uneasy and kept watching the market until the early hours of the morning. However, the currency price did not rebound as I expected, but continued to fall. When I realized that my position was about to be liquidated, I panicked and closed it. At this time, my account only has more than 10,000 u left. This was a huge retracement that I had never experienced before and I was in disarray.
I was not willing to fail like this, so after the K line fell again for a while, I decided to buy the bottom. I took out my last over 10,000 u and opened a long position at 125 times the market price with all my strength. However, my luck really ran out. I invested such a large sum of money, and the market didn't even give me a correction. Soon, I was sold out. For a moment, I felt like the sky was falling.
What makes me even more distressed is that shortly after I liquidated my position, the market began to violently rise. I calculated afterward that even if I only opened a leverage of 30 times, as long as I didn't liquidate my position, my more than 10,000 u could be turned into 150,000 u, which is almost one million yuan.However, this is all just if.
I had already withdrawn my principal, and even if I lost money, it would only be a waste of several months of hard work. But at that time, I had already lost my mind and was eager to make money like a gambler. So, I sold my new mobile phone and my previous laptop, and listened to a friend in the group and bought a Dogecoin. However, the ending was naturally bleak, and I was at zero again.
This experience made me deeply understand the cruelty and ruthlessness of the currency circle. Although I briefly stood at the pinnacle of success, I was eventually knocked down by the market. This also made me realize that trading is not easy and needs to be treated with caution. In the days to come, I will work harder to learn and accumulate experience, hoping to find my own place in the currency circle.
#BTC #DOGE #SHIB
A student's real experience in the cryptocurrency circle
When I was a student, I first stepped into the cryptocurrency circle, a land full of unknowns and opportunities. At that time, I had an initial capital of 2000u and wanted to explore some extra income here. This decision came from the recommendation of a friend. He told me that Ouyi's usdt Yubibao had an annualized interest rate of 10%, and each account could invest up to 2000u. For me at the time, this interest rate was much higher than Yu'ebao, so I decided to give it a try.
At that time, I had some understanding of virtual currency, but not in depth. At the suggestion of my friend, I saved my living expenses by eating frugally, and except for 1,000 yuan for daily expenses, I changed all the rest into u and deposited it in Yubibao. However, the volatility of the cryptocurrency circle is much greater than I imagined. Under the shadow of the bear market, I saw that almost all currencies on the software were falling every day. At the same time, my friend made a lot of money in the short position, which made me have a strong interest in contract trading.
Although the interest of Yubibao is stable, it seems insignificant compared to the income from contract trading. Under the guidance of a friend, I began to learn contract trading. At first, I knew nothing about it, but soon discovered its simplicity and excitement. My first order was to short an unpopular altcoin, which actually brought more than 200u of income, which is more than the interest I get from Yubibao in a year.
Having tasted the sweetness, I began to transfer all the funds in Yubibao to the contract account and devote myself to trading. I studied K-line, technical indicators, paid attention to various news, joined various contract circles, and even began to imitate my friends' trading behavior. I adopted a special method of opening a position: entering the market when my friends were losing money. This reverse indicator strategy has a high winning rate, which allowed me to achieve rapid growth of funds in a short period of time.
However, trading is not smooth sailing. I have many common mistakes of novices: I like to carry orders, increase positions with floating losses, and rarely stop losses. But fortunately, I seem to have a novice protection period, and I can carry back every time I carry orders, and my winning rate has remained above 90%. This made me start to feel a little euphoric, and I even thought about making money by taking orders.
In two months, my 2000u tripled to 6000u. I went from a novice who knew nothing to a trading master in the eyes of my friends. However, just when I thought I had found the password to wealth, the market gave me a heavy blow.
One night, my friend suddenly told me that his account was liquidated. I took a look at the altcoin he placed an order on and thought it was a good opportunity to go short. So, I opened a short order 20 times above his liquidation price. As I expected, the currency began to fall sharply. I kept going all the way, and a week later, my assets increased 10 times, reaching 60,000 U.
I excitedly withdrew the initial 2000u principal invested in the currency circle, spent a lot of money, and even bought an Apple mobile phone. However, the good times did not last long. I think the market has reached the bottom, and I plan to go long. The goal is to stop buying spot without touching the contract at 100,000 u. But this time, my luck seemed to have run out.
I started to make losses as soon as I bought it. Since I was used to carrying orders, I wasn't too anxious. However, the market didn't move the way I wanted. On the first night, I only had less than 40,000 yuan left of my 60,000 u. I still thought the market would rebound, so I added another position. But soon, the K-line began to stabilize the downward trend and fluctuated within a range.
By the second night, I started to feel uneasy and kept watching the market until the early hours of the morning. However, the currency price did not rebound as I expected, but continued to fall. When I realized that my position was about to be liquidated, I panicked and closed it. At this time, my account only has more than 10,000 u left. This was a huge retracement that I had never experienced before and I was in disarray.
I was not willing to fail like this, so after the K line fell again for a while, I decided to buy the bottom. I took out my last over 10,000 u and opened a long position at 125 times the market price with all my strength. However, my luck really ran out. I invested such a large sum of money, and the market didn't even give me a correction. Soon, I was sold out. For a moment, I felt like the sky was falling.
What makes me even more distressed is that shortly after I liquidated my position, the market began to violently rise. I calculated afterward that even if I only opened a leverage of 30 times, as long as I didn't liquidate my position, my more than 10,000 u could be turned into 150,000 u, which is almost one million yuan.However, this is all just if.
I had already withdrawn my principal, and even if I lost money, it would only be a waste of several months of hard work. But at that time, I had already lost my mind and was eager to make money like a gambler. So, I sold my new mobile phone and my previous laptop, and listened to a friend in the group and bought a Dogecoin. However, the ending was naturally bleak, and I was at zero again.
This experience made me deeply understand the cruelty and ruthlessness of the currency circle. Although I briefly stood at the pinnacle of success, I was eventually knocked down by the market. This also made me realize that trading is not easy and needs to be treated with caution. In the days to come, I will work harder to learn and accumulate experience, hoping to find my own place in the currency circle.
#BTC #DOGE #SHIB
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The myth of sudden wealth in the currency circle:
1️⃣ Li Xiaolai: One of the biggest winners of Bitcoin. He was originally just an ordinary English teacher at New Oriental, earning a fixed salary day after day. However, an accidental opportunity brought him into contact with Bitcoin, and he was keenly aware of the huge potential of this virtual currency. Therefore, when the price of Bitcoin was still low, he resolutely bought a large amount and held it patiently. Over time, the number of Bitcoins in his hands grew steadily, eventually reaching an astonishing 100,000. When the price of Bitcoin soared, he took action decisively and successfully exchanged 13.5 billion in cash, realizing his dream of getting rich overnight.
2️⃣ Guo Hongcai: Known as Mr. Bao, he is an angel investor in Bitcoin. His investment areas include Yihang Cloud Computing, Wells Fargo Fund, Yangyang Interview and Bit Fund, etc. His success lies not only in his keen insight into Bitcoin, but also in his spirit of taking risks and trying things out.
3️⃣ Jiang Zhuoer: His attitude towards digital currency appears to be particularly cautious. When the first wave of the bull market arrived in 2011, he did not blindly follow the trend, but chose to patiently observe market dynamics as a bystander. In his opinion, there was too little data on digital currency at that time, and he was full of questions and uncertainties. It is this prudent investment attitude that has enabled him to achieve outstanding results in the field of digital currency.
4️⃣ Kane Ellis: This young man founded a technology consulting company at the age of 18, showing extraordinary entrepreneurial talents. In 2010, he began to get involved in the field of Bitcoin mining. At that time, the price of one Bitcoin was only $1.60. A few years later, he decisively cashed in 200,000 US dollars in BTC and used the money to buy a Maserati, realizing his dream of a luxury car.
5️⃣ Smith: As a software engineer, he has received huge returns in the currency circle by virtue of his technical strength and keen market insight. It is reported that he has made a net profit of US$2.3 million and has become a leader in the currency circle.
Although these myths of sudden wealth are enviable, we must also clearly realize that investment is risky and success is not easy. Everyone should fully understand the market conditions before investing, make reasonable allocations based on their actual situation, and never follow the trend blindly.
1️⃣ Li Xiaolai: One of the biggest winners of Bitcoin. He was originally just an ordinary English teacher at New Oriental, earning a fixed salary day after day. However, an accidental opportunity brought him into contact with Bitcoin, and he was keenly aware of the huge potential of this virtual currency. Therefore, when the price of Bitcoin was still low, he resolutely bought a large amount and held it patiently. Over time, the number of Bitcoins in his hands grew steadily, eventually reaching an astonishing 100,000. When the price of Bitcoin soared, he took action decisively and successfully exchanged 13.5 billion in cash, realizing his dream of getting rich overnight.
2️⃣ Guo Hongcai: Known as Mr. Bao, he is an angel investor in Bitcoin. His investment areas include Yihang Cloud Computing, Wells Fargo Fund, Yangyang Interview and Bit Fund, etc. His success lies not only in his keen insight into Bitcoin, but also in his spirit of taking risks and trying things out.
3️⃣ Jiang Zhuoer: His attitude towards digital currency appears to be particularly cautious. When the first wave of the bull market arrived in 2011, he did not blindly follow the trend, but chose to patiently observe market dynamics as a bystander. In his opinion, there was too little data on digital currency at that time, and he was full of questions and uncertainties. It is this prudent investment attitude that has enabled him to achieve outstanding results in the field of digital currency.
4️⃣ Kane Ellis: This young man founded a technology consulting company at the age of 18, showing extraordinary entrepreneurial talents. In 2010, he began to get involved in the field of Bitcoin mining. At that time, the price of one Bitcoin was only $1.60. A few years later, he decisively cashed in 200,000 US dollars in BTC and used the money to buy a Maserati, realizing his dream of a luxury car.
5️⃣ Smith: As a software engineer, he has received huge returns in the currency circle by virtue of his technical strength and keen market insight. It is reported that he has made a net profit of US$2.3 million and has become a leader in the currency circle.
Although these myths of sudden wealth are enviable, we must also clearly realize that investment is risky and success is not easy. Everyone should fully understand the market conditions before investing, make reasonable allocations based on their actual situation, and never follow the trend blindly.
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💥Apocalypse for newbies in the currency circle: 8 useful life wisdom💡
Dear friends, have you ever fantasized about becoming a legend in the currency circle in the dead of night, only to get lost in the rolling market waves? Don't be afraid, I'm here, like your beacon in the currency circle, lighting your way forward. 🌟
🎭Story 1: The edge of dream and reality
There once was a friend who jumped into the currency circle with great expectations and dreamed of becoming rich overnight. But soon, he discovered that this market was no longer a paradise for wild growth, but had become a battlefield where elites gathered. Remember, the currency circle is not a place to dream, but a battlefield to realize your dreams.
🚀Story 2: Fighting a new double-edged sword
Playing new sounds like discovering a shortcut. But on this road, 99% of the projects streaked across the night sky like shooting stars and eventually fell silent. Don't trust those who "escape" before you. They may have changed their vests and are waiting to "take over" at the next intersection.
🌌Story 3: The temptation of the contract
Contract trading, for some, can seem like an irresistible gamble. Remember, the real master lies in stable returns and risk control, not winning everything at once.
📚Story 4: Priorities in life
No matter what stage you are in now, remember that the currency circle can only be the spice of your life, not the main course. What really matters are the things that make you grow and make you happy.
🤹♀️Story 5: The phantom of income
Posting your earnings is like a picture of your perfect life on social media. It may be just a moment of glory, but only you know the bitterness and tears behind it.
🚫Story 6: The end of the contract
In my journey in the currency circle, I have seen too many heroes who rose and fell because of contracts. Their stories tell us that reason is always our best weapon.
📈Story 7: Pursuing true knowledge
In a world full of noise, finding those people who bring you true value is like finding an oasis in the desert. Their experience is more valuable than those vain gains.
🔄Story 8: Reverse thinking
Sometimes, learning from failure is more valuable than lessons gained from success. Don’t be afraid to communicate with those who seem to have “failed”; their experiences may be the key to your success.
Dear friends, have you ever fantasized about becoming a legend in the currency circle in the dead of night, only to get lost in the rolling market waves? Don't be afraid, I'm here, like your beacon in the currency circle, lighting your way forward. 🌟
🎭Story 1: The edge of dream and reality
There once was a friend who jumped into the currency circle with great expectations and dreamed of becoming rich overnight. But soon, he discovered that this market was no longer a paradise for wild growth, but had become a battlefield where elites gathered. Remember, the currency circle is not a place to dream, but a battlefield to realize your dreams.
🚀Story 2: Fighting a new double-edged sword
Playing new sounds like discovering a shortcut. But on this road, 99% of the projects streaked across the night sky like shooting stars and eventually fell silent. Don't trust those who "escape" before you. They may have changed their vests and are waiting to "take over" at the next intersection.
🌌Story 3: The temptation of the contract
Contract trading, for some, can seem like an irresistible gamble. Remember, the real master lies in stable returns and risk control, not winning everything at once.
📚Story 4: Priorities in life
No matter what stage you are in now, remember that the currency circle can only be the spice of your life, not the main course. What really matters are the things that make you grow and make you happy.
🤹♀️Story 5: The phantom of income
Posting your earnings is like a picture of your perfect life on social media. It may be just a moment of glory, but only you know the bitterness and tears behind it.
🚫Story 6: The end of the contract
In my journey in the currency circle, I have seen too many heroes who rose and fell because of contracts. Their stories tell us that reason is always our best weapon.
📈Story 7: Pursuing true knowledge
In a world full of noise, finding those people who bring you true value is like finding an oasis in the desert. Their experience is more valuable than those vain gains.
🔄Story 8: Reverse thinking
Sometimes, learning from failure is more valuable than lessons gained from success. Don’t be afraid to communicate with those who seem to have “failed”; their experiences may be the key to your success.
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BTC is about to usher in its fourth halving, which may be unfamiliar to players who are new to the industry. Halving, in short, means that the mining reward of Bitcoin is halved. For most players, its significance is directly related to their vital interests.
Bitcoin has experienced three halvings in history, and this will be the fourth. After each halving, there is an enthusiastic response from the market. Let us review the market performance after the first three halvings:
1️⃣ After the first halving, Bitcoin’s highest increase in the second half of the year reached an astonishing +2022.26%. This increase undoubtedly brought generous returns to investors.
2️⃣ After the second halving, the market responded enthusiastically. Bitcoin’s highest increase in the second half of the year reached +75.70%, once again proving the positive impact of halving on the market.
3️⃣ After the third halving, Bitcoin still performed well, with a maximum increase of +81.37% in the second half of the year, bringing another investment feast to investors.
Now, we are about to usher in the fourth halving, and the market generally expects it to repeat the glorious history of the previous three times. However, the investment market is ever-changing, and we cannot rely solely on historical data. Therefore, while looking forward to the opportunities brought by halving, we must also remain rational, invest prudently, and control risks.
Bitcoin has experienced three halvings in history, and this will be the fourth. After each halving, there is an enthusiastic response from the market. Let us review the market performance after the first three halvings:
1️⃣ After the first halving, Bitcoin’s highest increase in the second half of the year reached an astonishing +2022.26%. This increase undoubtedly brought generous returns to investors.
2️⃣ After the second halving, the market responded enthusiastically. Bitcoin’s highest increase in the second half of the year reached +75.70%, once again proving the positive impact of halving on the market.
3️⃣ After the third halving, Bitcoin still performed well, with a maximum increase of +81.37% in the second half of the year, bringing another investment feast to investors.
Now, we are about to usher in the fourth halving, and the market generally expects it to repeat the glorious history of the previous three times. However, the investment market is ever-changing, and we cannot rely solely on historical data. Therefore, while looking forward to the opportunities brought by halving, we must also remain rational, invest prudently, and control risks.
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Contribution from a fan: Money can’t be used in a hurry
"Don't make money at the wrong door", this ancient wisdom maxim, I now fully understand.
In June 21, I accidentally stepped into the world of currency circles and started my contract trading journey. At first, due to lack of experience and knowledge, I operated blindly and suffered heavy losses. I lost 20,000 yuan in a short period of time. However, I didn't learn my lesson and instead continued to top up, hoping to recoup my losses in a bull market. However, the market was not as simple as I imagined. I kept short selling, but suffered liquidation every day. In less than half a year, my savings were wiped out.
In 2022, I started to use credit card funds for transactions, but the arrival of the bear market put me in trouble again. I opened a long position but suffered losses every day, and lost hundreds of thousands of yuan in a short period of time. At the end of 2023, I tried to recover my losses by short selling, but the market suddenly rebounded and I was hit by a liquidation again.
Looking back on my past operations, I deeply feel that I was trading entirely based on my feelings and there was no logic at all. I knew nothing about the market background. I refused to admit defeat when I was wrong and insisted on taking orders. Although I never blindly open large positions and always cautiously open small positions in the hope of carrying it back, I ignored the unilateral trend of the market, which can keep rising or falling. During the period of being trapped, I also like to try various altcoins, but the result is often that I open one to arbitrage, and in the end I end up with a liquidated position.
During this period, my mentality completely collapsed, and despair and pain enveloped me. Whenever money comes into my account, I regain my confidence, but the result is that I always torture myself again and again. If you open a long position, it will fall, and stop the loss; if you open a short position, it will rise, and then the position will be liquidated. I was tortured by the market and cried bitterly. I felt really uncomfortable. What makes me even more regretful is that I once asked my parents to borrow money to increase my position, hoping to recover the losses, but the result was still liquidation. I even recharged all my salary into it. I just wanted to get my money back, but I got deeper and deeper into the situation.
The most stupid thing to do is to ask your parents to borrow money. That was my parents' hard-earned money for a year, but I used it to take risks, and ended up being liquidated again. When I was broke, I had to hesitate for a long time even ordering takeout. I was devastated by my losses in contract trading. The world seemed to have collapsed at that time, and I was left with pain and self-blame.
However, after more than a month of self-isolation and reflection, I did not choose to give up. I cheered up again and set my sights on rebates. Life will always have its ups and downs, but that doesn’t mean I have to be stuck forever. Failure is only temporary, and as long as I keep faith and pursue my goals relentlessly, one day I will get out of this predicament.
Now, I encourage myself and believe that there will be better opportunities waiting for me in the future. I will learn from past failures and face market challenges more cautiously. At the same time, I will cherish the support and care of my family and no longer let them worry about me. I will work hard to get out of the gloom and welcome the dawn of the future.
"Don't make money at the wrong door", this ancient wisdom maxim, I now fully understand.
In June 21, I accidentally stepped into the world of currency circles and started my contract trading journey. At first, due to lack of experience and knowledge, I operated blindly and suffered heavy losses. I lost 20,000 yuan in a short period of time. However, I didn't learn my lesson and instead continued to top up, hoping to recoup my losses in a bull market. However, the market was not as simple as I imagined. I kept short selling, but suffered liquidation every day. In less than half a year, my savings were wiped out.
In 2022, I started to use credit card funds for transactions, but the arrival of the bear market put me in trouble again. I opened a long position but suffered losses every day, and lost hundreds of thousands of yuan in a short period of time. At the end of 2023, I tried to recover my losses by short selling, but the market suddenly rebounded and I was hit by a liquidation again.
Looking back on my past operations, I deeply feel that I was trading entirely based on my feelings and there was no logic at all. I knew nothing about the market background. I refused to admit defeat when I was wrong and insisted on taking orders. Although I never blindly open large positions and always cautiously open small positions in the hope of carrying it back, I ignored the unilateral trend of the market, which can keep rising or falling. During the period of being trapped, I also like to try various altcoins, but the result is often that I open one to arbitrage, and in the end I end up with a liquidated position.
During this period, my mentality completely collapsed, and despair and pain enveloped me. Whenever money comes into my account, I regain my confidence, but the result is that I always torture myself again and again. If you open a long position, it will fall, and stop the loss; if you open a short position, it will rise, and then the position will be liquidated. I was tortured by the market and cried bitterly. I felt really uncomfortable. What makes me even more regretful is that I once asked my parents to borrow money to increase my position, hoping to recover the losses, but the result was still liquidation. I even recharged all my salary into it. I just wanted to get my money back, but I got deeper and deeper into the situation.
The most stupid thing to do is to ask your parents to borrow money. That was my parents' hard-earned money for a year, but I used it to take risks, and ended up being liquidated again. When I was broke, I had to hesitate for a long time even ordering takeout. I was devastated by my losses in contract trading. The world seemed to have collapsed at that time, and I was left with pain and self-blame.
However, after more than a month of self-isolation and reflection, I did not choose to give up. I cheered up again and set my sights on rebates. Life will always have its ups and downs, but that doesn’t mean I have to be stuck forever. Failure is only temporary, and as long as I keep faith and pursue my goals relentlessly, one day I will get out of this predicament.
Now, I encourage myself and believe that there will be better opportunities waiting for me in the future. I will learn from past failures and face market challenges more cautiously. At the same time, I will cherish the support and care of my family and no longer let them worry about me. I will work hard to get out of the gloom and welcome the dawn of the future.
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How did a currency tycoon earn 100 million at the age of 23?
In the currency circle, there are always some people who are losing money and some people who are making money. Do you understand what caused it? Confidence and greed that blindly follow the trend without any basis and judgment, and 99.9% of people who enter the market without brains are bound to lose money. Whether it is with the help of technical aspects, stock news, or logical thinking from other perspectives. If it cannot be proven that you are right, then the result is wrong. If we ourselves are wrong, we need to admit our mistakes, so people must learn how to think. If you want to find the reason behind it, you need to find the reason for the loss and the reason for the gain.
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Learn these methods so you won’t miss out on 100x coins:
Today, a classmate asked, do we still have a chance to encounter a similar 100x coin? What kind of small currencies are worthy of our layout? And how to lay it out?
Here I would like to remind you of the risks. The risk of 100x coins is very high. The criteria for choosing 100x coins are different from those for mainstream coins. Mainstream coins can be invested at fixed prices. The risk of returning to zero is relatively low, but the risk of 100 times the currency is very high. You must be mentally prepared for a 99% plunge, that is, if you buy 100,000, you will be left with 1,000.
It used to be easy to buy, difficult to hold, easy to miss, and even harder to get 100 times.
Here I would like to remind you of the risks. The risk of 100x coins is very high. The criteria for choosing 100x coins are different from those for mainstream coins. Mainstream coins can be invested at fixed prices. The risk of returning to zero is relatively low, but the risk of 100 times the currency is very high. You must be mentally prepared for a 99% plunge, that is, if you buy 100,000, you will be left with 1,000.
It used to be easy to buy, difficult to hold, easy to miss, and even harder to get 100 times.
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The story of 480,000 brothers in the cryptocurrency circle, the end of the legend
In the currency circle, there is a person whose name has been mentioned by countless people, he is "Brother 480,000". He bought 100 Bitcoins with 480,000 and started a live broadcast on Baidu Bitcoin Tieba. However, he was out before the dawn of sudden wealth and lost tens of millions or even billions of wealth. His story is not only a tragic drama, but also an inspirational drama and an educational drama. This article will review the experience and mental journey of this legendary figure from the following aspects, as well as his influence and inspiration on the currency circle.
1. The starting point of Brother 480,000
Brother 480,000’s real name is unknown, but based on his speech on Tieba, some of his background information can be inferred. He is an ordinary office worker with a wife who loves him and a lovely daughter. He and his wife had been saving money together for seven or eight years to buy a house. He is interested in Bitcoin but does not have much knowledge or experience. He is an impulsive and persistent man, with the mentality and courage of a gambler.
1. The starting point of Brother 480,000
Brother 480,000’s real name is unknown, but based on his speech on Tieba, some of his background information can be inferred. He is an ordinary office worker with a wife who loves him and a lovely daughter. He and his wife had been saving money together for seven or eight years to buy a house. He is interested in Bitcoin but does not have much knowledge or experience. He is an impulsive and persistent man, with the mentality and courage of a gambler.
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You need to be cautious when investing in the bull market: frequent trading can easily lead to losses, and investment in the currency circle needs to be done steadily.
In the wave of the bull market, the market does not advance all the way, but is full of ups and downs. Many retail investors tend to lose themselves easily in the process of chasing profits and buy and sell frequently. In the end, not only do they fail to achieve profits, but they may even lose their principal. As I have emphasized before, even in a bull market environment, there are still very few people who can actually make profits, and most people will suffer losses for various reasons.
Therefore, we must keep a clear head and not be overconfident, let alone follow the trend blindly because of temporary greed. Human greed and fear are the most difficult enemies to overcome in the investment process. Once you fall into them, you may make wrong decisions. Frequent transactions will not only increase costs, but also easily cause people to lose their judgment on the market.
Therefore, we must keep a clear head and not be overconfident, let alone follow the trend blindly because of temporary greed. Human greed and fear are the most difficult enemies to overcome in the investment process. Once you fall into them, you may make wrong decisions. Frequent transactions will not only increase costs, but also easily cause people to lose their judgment on the market.
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Fan submission: I encountered a miracle of cryptocurrency trading after being unemployed for three months
He used to work from 9 to 5 every day, and was busy with life. However, three months ago, he suddenly lost his job and his financial situation suddenly fell into trouble. His savings were reduced little by little, and finally only 2,000 yuan was left. The pressure of life made him feel anxious.
A few days ago, he saw someone in a group chat talking about how to get rich by speculating in cryptocurrencies. At first, he thought it was just a scam, but out of curiosity, he decided to take a closer look. After a few days of research and observation, he found that this crypto community was not as chaotic and fake as he had imagined, but had strict rules and professional guidance.
A few days ago, he saw someone in a group chat talking about how to get rich by speculating in cryptocurrencies. At first, he thought it was just a scam, but out of curiosity, he decided to take a closer look. After a few days of research and observation, he found that this crypto community was not as chaotic and fake as he had imagined, but had strict rules and professional guidance.
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The "Doomsday Chariot" ETC in the currency circle: the mystery of decentralized adherents and potential
For many years, there has been a noticeable phenomenon in the cryptocurrency community. That is, whenever a certain currency rises, many investors pour in, and then the market will fluctuate violently. And this phenomenon is not accidental, it has become a rule that has lasted for many years. Among this pattern, one currency is particularly prominent, and it is ETC - Ethereum Classic, which is nicknamed the "Doomsday Chariot".
As a veteran player of ETC, NPC has battled wits with it for many years, but has never been able to profit from it. Whenever NPC goes long on ETC, it immediately falls; and when he tries to go short, ETC rises rapidly. 2021 is the highlight moment of ETC. Its price once soared to US$180, causing heavy losses to many air forces. Since then, NPC has never touched ETC again, admitting that he really cannot play with this currency.
As a veteran player of ETC, NPC has battled wits with it for many years, but has never been able to profit from it. Whenever NPC goes long on ETC, it immediately falls; and when he tries to go short, ETC rises rapidly. 2021 is the highlight moment of ETC. Its price once soared to US$180, causing heavy losses to many air forces. Since then, NPC has never touched ETC again, admitting that he really cannot play with this currency.
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Liangxi is here again to interpret the market for everyone.
Recently, I communicated with some friends and found that although many people still have their positions, their positions have shrunk significantly. This situation is more intense and cruel than the slow shock washout I predicted before. Dear friends, have you persisted in this wave of market conditions?
Overall, the trend of the market is still dominated by shocks and washouts. However, it is expected that it may start to exert force next week and impact the 75,000-80,000 range. However, once the price approaches 80,000, everyone must be more vigilant and take precautions against risks. After all, the market is always unpredictable and we cannot take it lightly.
Overall, the trend of the market is still dominated by shocks and washouts. However, it is expected that it may start to exert force next week and impact the 75,000-80,000 range. However, once the price approaches 80,000, everyone must be more vigilant and take precautions against risks. After all, the market is always unpredictable and we cannot take it lightly.
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A piece of advice for friends in the currency circle!
Whether you hold BTC, ETH or BNB, please take a moment to read the following suggestions carefully.
After achieving financial freedom in the currency circle, there are nine points to keep in mind.
First, keep a low profile and avoid letting people around you know that you are involved in currency speculation. The reason for this is well known to you and me.
Second, do not show off your income, and do not publicly post income or asset charts to avoid unnecessary trouble.
Third, don’t show off your wealthy life in your circle of friends. Except for your closest relatives, few people really want you to live a better life. Excessive showing off will only attract jealousy and hatred.
After achieving financial freedom in the currency circle, there are nine points to keep in mind.
First, keep a low profile and avoid letting people around you know that you are involved in currency speculation. The reason for this is well known to you and me.
Second, do not show off your income, and do not publicly post income or asset charts to avoid unnecessary trouble.
Third, don’t show off your wealthy life in your circle of friends. Except for your closest relatives, few people really want you to live a better life. Excessive showing off will only attract jealousy and hatred.
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Three cycles needed to make a fortune in the currency circle
If you are not born with luck, have not met the guidance of noble people, and are not an outstanding smart person, then it often takes three complete cycles to accumulate wealth in the currency circle.
In the first cycle, like most novices, you are attracted by the stories of people around you or on the Internet about getting rich. Maybe when you first get involved in this industry, you will tentatively invest some money, but if your personality has a high risk appetite, you may also spend all your money, even borrowing money, to pursue high returns. At this time, the market seems to be prosperous, and you can see a huge increase in assets every day. You are full of hope and know nothing about the risks. You only feel that wealth seems to be within your reach. However, with the advent of the bear market, the market fell sharply, and you firmly believed that there would be a rebound, but in the end you suffered heavy losses and your principal was wiped out.
In the first cycle, like most novices, you are attracted by the stories of people around you or on the Internet about getting rich. Maybe when you first get involved in this industry, you will tentatively invest some money, but if your personality has a high risk appetite, you may also spend all your money, even borrowing money, to pursue high returns. At this time, the market seems to be prosperous, and you can see a huge increase in assets every day. You are full of hope and know nothing about the risks. You only feel that wealth seems to be within your reach. However, with the advent of the bear market, the market fell sharply, and you firmly believed that there would be a rebound, but in the end you suffered heavy losses and your principal was wiped out.
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A college student mistakenly entered the currency circle and gambled heavily. He incurred huge debts and was hindered in his studies. His dream of getting rich overnight finally came to nothing!
A college student born after 2000 accidentally entered the currency circle and became addicted to high-risk contract transactions. At first, he only started with 1,000 U. In just three months, his funds soared to 60,000 U. However, driven by greed, he eventually liquidated his position and went bankrupt overnight. He was saddled with huge debts and could not even finish college, and his life was in dire straits.
The temptation of high interest rates, the encouragement of friends and the fantasy of getting rich overnight made him gradually lose himself and fall into the abyss of the currency circle step by step. At first, his novice aura allowed him to profit easily, but as his mentality expanded, he began to ignore risks and operate with a full position, which ultimately led to irreparable losses.
The temptation of high interest rates, the encouragement of friends and the fantasy of getting rich overnight made him gradually lose himself and fall into the abyss of the currency circle step by step. At first, his novice aura allowed him to profit easily, but as his mentality expanded, he began to ignore risks and operate with a full position, which ultimately led to irreparable losses.
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A fan’s real experience submission:
As a newbie in the currency circle, I stepped into this field full of unknowns and opportunities with a principal of 150,000 at the beginning of 2021, trying to find traces of wealth in the ocean of digital currency. Now, when I look back on those days, it seems like an exciting adventure, and I, the lucky adventurer, successfully increased the initial capital to 2 million, and even reached the peak of the last bull market. Earned a staggering 12 million.
My story begins with curiosity and exploration of cryptocurrency. At that time, I had just graduated from college and was working in an e-commerce company in Shenzhen. Although I had a stable income of 20,000 to 30,000 yuan a month, faced with the high cost of living and unreachable housing prices, I knew that it was difficult to achieve it with salary alone. My dream of wealth. So, I began to pay attention to this legendary currency circle.
My story begins with curiosity and exploration of cryptocurrency. At that time, I had just graduated from college and was working in an e-commerce company in Shenzhen. Although I had a stable income of 20,000 to 30,000 yuan a month, faced with the high cost of living and unreachable housing prices, I knew that it was difficult to achieve it with salary alone. My dream of wealth. So, I began to pay attention to this legendary currency circle.
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Newbies in the cryptocurrency world will learn some cool facts in seconds:
Glossary of terms you must know when entering the cryptocurrency world (a must-read for newbies) Glossary of terms in the cryptocurrency world, which can be read by those who are just getting started.
1. What is legal tender? Legal tender is legal tender, which is issued by the state and the government and is only guaranteed by the government's credit, such as RMB, USD, etc.
2. What does Token mean? Token is usually translated as "password". Token is one of the important concepts in the blockchain. It is more widely known as "token", but in the eyes of professional "chain circle" people, it is more accurately translated as "password", which represents a kind of equity proof on the blockchain, not currency. In the traditional value system, only things that can be recorded in the ledger can be exchanged and circulated. Therefore, bookkeeping is the basis for generating wealth. However, in the real world, most things cannot be quantified, and the things that can be accounted for are extremely limited. But "Token" can. The magic of this thing is that Token can record physical assets and virtual digital assets in a digital way.
1. What is legal tender? Legal tender is legal tender, which is issued by the state and the government and is only guaranteed by the government's credit, such as RMB, USD, etc.
2. What does Token mean? Token is usually translated as "password". Token is one of the important concepts in the blockchain. It is more widely known as "token", but in the eyes of professional "chain circle" people, it is more accurately translated as "password", which represents a kind of equity proof on the blockchain, not currency. In the traditional value system, only things that can be recorded in the ledger can be exchanged and circulated. Therefore, bookkeeping is the basis for generating wealth. However, in the real world, most things cannot be quantified, and the things that can be accounted for are extremely limited. But "Token" can. The magic of this thing is that Token can record physical assets and virtual digital assets in a digital way.
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