嘻嘻嘻z

Hello, sword fans, I am a research analyst on swords. Today, I want to talk to you about my heart. Did you think I wouldn't lose money? In fact, I have been on the road to recovering losses; combined, I have lost over a million.

What you see as a loss of over a million is just the tip of the iceberg; the actual amount is far greater. I used to avoid contracts and only dealt with spot trading. Originally, I focused on spot trading, but time did not wait for me, and the opportunities created by the times flew past me.

I have always said that we shouldn't hold long positions in altcoins. My experience, earned through losses, tells me that while altcoins brought me wealth, they also dragged me into the abyss. Times change, trends change, hot topics change, and strategies change; I have accepted that.

Have you ever seen someone become a market maker by trading altcoins? They keep buying the dip but eventually turn around and find they have become the market maker themselves. Many large traders have similar experiences.

With short-term trading in altcoins, the trend can be grasped so accurately. So why am I still losing money? Because they are easy targets for attacks, with poor depth, bad market capitalization, and too many low-cap altcoins, so large traders can be targeted.

When the market is good, like a few days ago when trading volume increased, there are hot coins, good depth, and capacity to dare to take large positions. But such opportunities are rare in a month; although opportunities are everywhere, I do not focus on on-chain trading; I only excel in the secondary market.

This year, I also lost about 500 SOL in on-chain shitcoins. Sometimes, I get swayed by market sentiment. At the peak, I made millions with RIF, but I didn’t sell, and now it’s nearly worthless. I have to take responsibility for my own understanding.

Everyone might be numb to a 10x or 20x drop in spot prices, cheering for a few times of rebounds. But I know that I am still far from recovering my losses. Last year, many altcoins fell by more than 10%. I am just a foolish believer.

I am not a perpetual profit blogger; I often lose money. I still haven’t recovered my losses; the data now just looks slightly better, and I haven’t lost too much.

Do you remember the Spring Festival? On the morning of the third day of the New Year, still hazy from drinking, I received news of a liquidation in a short position. I was liquidated on Ethereum with 2.5x leverage at 3400 points. Ethereum has nearly wiped out my entire fortune twice.

When you make a mistake, you must admit it. Stand tall when you're hit. I am not someone who always profits; I also incur losses.