"Losing 2 Million Dollars in 45 Days: A Crypto OG's Darkest Moment and Rebirth Declaration"
After thinking for a long time, I decided to record this. This stage is painful, full of self-doubt, frustration, and feelings of letting down my own efforts. More of a record rather than a review. A review might require more rationality.
First, I declare that I am not a perpetual profit blogger, nor do I have an invincible amount of capital. The 2M loss is accumulated over many years, earned bit by bit, and stepping on one hot spot after another. It's also the biggest drawdown since I entered the circle.
1. Contracts on Hype
In 2018, I lost over 2000 Ethereum and 100 Bitcoin while trading contracts. That painful experience made me secretly resolve to avoid trading contracts except for hedging.