13-year-old Leek’s currency circle memoirs: I once killed a billionaire
The first time I came into contact with Bitcoin was in 2011. A classmate of mine mysteriously told me that he saw something called Bitcoin on the Internet. You can get it by running a program on your computer, and then he ran away with his laptop. stand up. I calculated the mining efficiency at that time, laughed at him secretly in my heart, and didn't take it to heart. Two years have passed, and I keep seeing Bitcoin news on the news. When I look at the price, it’s more than 3,000 yuan! I broke my thigh, so I negotiated with another classmate and jointly bought 3 Bitcoins. As a new Leek, chasing the rise and killing the fall is the basic operation. Fortunately, I did not suffer much losses along the way. In 2014, I noticed Litecoin and learned about Litecoin-related information: the total issuance is 4 times that of Bitcoin, and the transaction efficiency is higher than Bitcoin... and there was widespread talk of "Bitcoin Gold Lite Silver" at that time. I I thought, maybe the price of Litecoin could become a quarter of that of Bitcoin in the future, so I exchanged the 3 Bitcoins in my hand for more than 100 Litecoins. Some time passed, and Litecoin fell to more than 30 amidst bad news again and again. I exchanged the Litecoin back for RMB amidst questions from my classmates and gave it all to him. When the time came in 2015, a client of my father’s business asked me many questions about Bitcoin. Because I majored in computer science, I often helped her solve computer problems, so she trusted me more. She held 1,000 Bitcoins in her hand at the time, but with the constant bad news, she didn't know what to do. So I patiently explained to her the principles of blockchain and what a 50% attack is, and gave her a conclusion: if you are not optimistic about Bitcoin, it will return to zero sooner or later! It is best to sell all 1,000 Bitcoins. I also taught her how to borrow coins on OK to go short. At that time, she said to me very gratefully: "It turns out that you can still make money in this way." Three years later, Bitcoin once again became a hot search topic. My classmate looked at the price of Bitcoin and said to me with a smile: " You succeeded in killing a billionaire." But my dad's client didn't blame me, saying that even if he didn't sell it at the time, he still couldn't hold it. Then she heard about Ethereum from a friend and wanted me to research it.I was already disillusioned with the currency circle at that time, and just told her that Ethereum was an imitator of Bitcoin and had no value like Litecoin... It was already August 2021 when I paid attention to the currency circle again. My classmate told me that at that time, I insisted on Another classmate of Bitcoin had already made money and took him to mine Ethereum and asked me if I was interested. I hesitated... After another two months, I read the Ethereum white paper carefully, and got on the bus in October 2021. At this time, the price of Ethereum was 3000U. And when the price of Ethereum reached 4800U, I thought it would rise again... What happened next, as everyone expected, I was trapped. However, this time I have a zeroing mentality: as long as I don’t sell it, you can’t even think of cutting my leeks. So, I have been holding Ethereum and persisting until today... insist on holding or unwinding and exiting? I faced another choice...$BTC $ETH
In February, I timely switched from $ETH to $BNB , and then opened a contract with the USDT I got from the airdrop. Since it was free money, there was no pressure when opening the position, and I was almost about to become a "master of eternal profit." Looking back, BNB has also had one of the smallest declines in these few months. I believe that soon, I will be able to make back the 6000 USDT I lost buying MELANIA 😃
$MUBARAK 0.004U bought 200U at the time, peaked at 50 times. Currently, there are 7000U left. This is the first time in my life I bought a coin that multiplied by 50 times, I won't run until it hits 0.5U! CZ has already supported it 4 times, not listing on Binance is impossible. Moreover, from the trends over the past few days, it seems there are people supporting it at 0.14U, and not going to the spot market in the short term is actually a good sign. Those shorting should wait to get liquidated!
In March 2024, BNB was over 300 each, ETH was over 3000 each, and one ETH could be exchanged for 10 BNB. But now, BNB is over 600 each, and ETH is less than 3000. One ETH can't even be exchanged for 5 BNB 😂 I really regret not learning about BNB sooner... Is it too late to change positions now? $ETH
$BTC threw a first-grade six-grid Sudoku at DeepSeek, which claims to surpass everything and GPT, and it took several minutes using the assumption method without solving it, even saying my question was wrong. But GPT instantly provided the result. Hasn't it already surpassed GPT? It's really hard to understand...
I lost 92,363,602,440, last night I lost almost as much as I did in the entire last month😭 This is my first time going long on a contract, and I was taught a lesson in minutes... Is this still a bull market?
I vaguely remember that the last time I shorted Litecoin was in January 2015, when Litecoin hit the bottom. I forgot how many times the leverage was. I just remember that it was very cold that day. When the bus door opened, I looked at my phone and saw the forced liquidation notice. I didn't expect that 10 years later, history would repeat itself. 😢But I didn't choose to go all in this time... because I had to keep at least $1,000 to buy back the takeaway three-piece set. $LTC
$LTC Playing contracts for the first time, I tried 5000 bucks. Is there anything I need to pay attention to? I still don't quite understand what isolated margin is and what cross margin is. 😂 The last time I played with leverage, I was wiped out to zero was 10 years ago.