Once before, I was already a few hundred dollars short of making back my investment, but I didn’t stop and lost money again. This time, I was too embarrassed to tell my family, so I took out the new building certificate and the housing provident fund, and I withdrew 38,000 yuan. Then I was unwilling to borrow money to play, and lost it all again. I slapped myself hard and cried bitterly. I cut myself hard with a blade, and blood flowed all over the floor. Later, I was afraid that my family would come back and see it, so I cleaned up the blood, bandaged the wound, and went to sleep. A few days later, I started to apply for many credit cards, and started to use loans to pay off loans. Guangda Jiaotong University, Bank of China, and basically all of them except China Construction Bank and Industrial and Commercial Bank of China did not issue me a card. However, credit cards are not good for people with poor self-control. After a period of silence, I saw others posting about making a lot of money on WeChat Moments, so I started playing again. At that time, I thought that I had lost so much money before. When can I make back my investment when I opened 100 or 200? I started to place heavy positions, 10,000 at a time. I could see other people’s large positions on the software, and when others opened positions, I would open a counter-position with them. When I was opening an order, I suddenly remembered the line in Young and Dangerous: You see that unlucky guy, he bets on the banker and you bet on the player. In the end, I lost and others won. In this way, I lost all the credit limits of all my credit cards, a total of 93,000. Because my family helped me pay off the debts several times, I really didn’t know how to ask for it, and I didn’t dare to tell my family, so I took out the deed of the new building that my parents bought for me to get married and mortgaged it. The building was bought for more than 400,000 at the beginning, but the location was not developed and the price dropped, so I only got 300,000 in exchange, which I lost again on the same day. $SXP $SYN $DAR
Since I came into contact with virtual currency at the end of last year, I made more than 10,000 yuan in more than a month from the beginning of testing the waters to accidentally making more than 10,000 yuan. I was so happy (my salary was less than 6,000 yuan at that time). Since then, I have been thinking about speculating in cryptocurrencies all day long. I worked hard for a month to get this little salary, and I have no desire to go to work. The first thing I did when I returned to the company after the Spring Festival this year was to quit my original job. At that time, the leader tried to keep me, but I had no intention of working at all, so I left decisively. Since my principal was only 30,000 yuan, which was too little, I borrowed more than 80,000 yuan from Alipay and banks that could lend money, and started the road of speculating in cryptocurrencies. In order to better speculate in cryptocurrencies, I also worked hard to learn professional knowledge, bought courses online to learn various technical indicators, and the lecturer talked about fundamentals, market trends, K-line trends, Macd moving average trends, support levels, pressure levels, emotions, and even the impact of changes in the international market on the market. It also made me more determined to go on the road of speculating in cryptocurrencies. In February this year, I had losses and profits, but overall I still made money. I was immersed in trading every day and couldn't extricate myself. I had a full position every day. If I didn't trade, I always felt that something was missing, and the Sundays I used to like would become long. Since entering March, I don't know whether it was because I learned some professional knowledge and had some concerns when choosing coins, or because of bad luck, I have been in a state of loss. Then I changed my strategy, sold high and bought low, chased the rise and killed the fall, until now, not only did I pay back the more than 10,000 yuan I earned, but I also lost nearly 20,000 yuan. $SXP $SYN $DAR
The last 8000 yuan was blown up yesterday, and this market is simply not playable. Going long leads to losses, and going short leads to losses as well. I'm starting to doubt this market—can anyone really make money? I've been playing for a year and have hit zero about seven or eight times; I'm really tired. It's more exhausting than working in a factory tightening screws. I don't want to continue, but I'm also conflicted. My dream is to buy a big house, and the only possible way to achieve that might be through virtual currencies. Relying on a job is completely impossible. Brothers on the forum, give me some advice. Should I continue chasing my dream or honestly go work in a factory?
Recently tortured by repeated trading, I finally decided to invest in stable financial management. In a moment of enthusiasm, I bought the EuYi chz on-chain coin, with an annualized return of over 30%, and opened a short contract for hedging. Unexpectedly, this coin suddenly faced a crisis with changes in its economic model, and the exchange issued a risk warning. Within a few days, the coin price fluctuated significantly. Although I hedged, the funding rate of the contract continued to soar, far exceeding the annualized earnings from the coin. The highest funding rate even reached over 900% annualized, which was impossible to bear. Redeeming the coin would take 19 days, and I was instantly dumbfounded. It was truly a dilemma; continuing to short could lead to significant losses due to the funding rate, and if there was a violent upward spike, I could face liquidation. On the other hand, not shorting made me fear a halving of the coin price after 19 days. It was really a difficult situation...$SXP $SYN $DAR
"Since I entered the cryptocurrency world, my life has become colorful. During the day, I stare at the K-line chart, and at night I study blockchain technology, even saving time for sleep—it's not that I don't want to sleep, it's that the market doesn't allow it! Before buying coins, I was an ordinary office worker; after buying coins, I became a 'cryptocurrency philosopher', pondering the ultimate questions like 'should I average down when it drops, when should I sell when it rises?' Every morning, the first thing I do when I wake up isn’t brushing my teeth, but checking my wallet to see if there are miraculously a few more zeros in my balance, but the result is often that there are a few less zeros. My friends advised me not to trade cryptocurrencies, saying the risks are too high. I told him: 'This isn’t trading cryptocurrencies; this is experiencing the ups and downs of life.' Once, my mom saw me staring at my phone all day and thought I was in love. I said, half-laughing, 'Mom, my love interest is called BTC; I’m happy when it rises and lose sleep when it falls.' Later, I summarized it in one sentence: there are two types of people in the cryptocurrency world, those who make money and those who run alongside. As for me, I belong to those who contribute transaction fees."$SXP $SYN $DAR
Those who engage in virtual currency are not suitable for marriage as they harm themselves and others, and they are not worthy to be parents or children. They do not seek benefits for their family but only add debt to their family. They should reincarnate sooner. The father of my child confessed for the first time about over three hundred thousand, and sold his house to pay it off. Within two years, he came back with over sixty thousand again, and I couldn't manage it anymore! Human nature has become severely distorted. He even started to nitpick about the cost of diapers and milk powder for the child, and I have never seen him regret his actions. Those who cannot change others can only change themselves. After this divorce, let him fend for himself! I work within the system, and I will take care of the child as if there is no father.
December 30, 2024 The past two days have been spent watching reports about the crash of a South Korean passenger plane, where only two crew members survived, and 179 people lost their lives. One of the survivors, a flight attendant, may be completely paralyzed. This air disaster is likely the largest in South Korean history, and even ranks among the top ten in human history. Watching the final impact video is very despairing, and the analysis of the black box has not yet been released. Regardless of where the responsibility and cause lie, the incident has already occurred, and it holds no meaning for the passengers. I have watched various analyses and have seen some of the last messages passengers left for their families, which weighs heavily on my mind. At times like this, people tend to say: tomorrow and accidents do not know which comes first. However, even while watching the news reports, it feels a bit suffocating. Perhaps for us, life needs more relaxation; we should have a moderated sense of gain and loss. Sometimes it seems unnecessary to pursue too much and tire ourselves out. Returning to the market, this recent period of low volatility and fluctuations allows for a good rest. Personally, I have relaxed based on my judgment of the market situation and plan to enjoy the New Year period. It is often said that trading cryptocurrencies is too difficult; when prices rise, one feels they bought too little, especially when seeing others share their trading gains that are several times higher. Conversely, it is distressing when prices drop, either getting trapped or suffering losses. Overall, in the crypto space, having a good mindset is crucial; whether prices rise or fall, one may not sleep well, and it’s frustrating during sideways movements, especially with 24/7 trading. Therefore, the most important thing for us in crypto trading is to adjust our mindset and embrace life. Bitcoin fell a bit again yesterday, hitting a low of 93,000, and the daily chart still shows it hovering around a central point. It is worth noting that recent fees have turned negative overall; on one hand, there are quite a few arbitrage opportunities, and on the other hand, I feel that the market's bullish sentiment has been dampened, and even bearish sentiment is starting to appear. Based on this indicator, I think there is no need to be overly bearish in the near term; after all, at this position, it's reasonable to do some regular investments, buying a little on minor dips and more on major dips. $DAR $SXP $SYN
If you've been losing money trading cryptocurrencies, then the two methods below are enough.
If you've been losing money trading cryptocurrencies, then the two methods below are enough. If you've been losing money trading cryptocurrencies, then the two methods below could give you a chance to turn your luck around. Especially the second one, which can be considered a violent cash machine, particularly for mini accounts with capital under 100,000 after two years in the market. If you can master the two operational modes below, you might be the next financial freedom achiever. Friends familiar with me know that, like everyone else, I spent the first two years expecting outcomes, even to the point of ignoring market trends, losing whether the market went up or down. However, starting from the third year, after receiving advice from many seniors, I finally started to turn things around. After 2020, I reached eight figures and became a rising star in the speculator circle. Now many big names judge the bullish market based on my actions. My first eight-figure income was actually earned through the two methods below. Today, those of you who can watch this video are really fortunate. I dare say that as long as the market continues to rebound, by 2024, I won't say a million, but at least you won't lose money. Also, let me tell you something very important: I analyze future opportunities for you in my articles every day. To read the articles, click on my avatar to enter the homepage profile; you must bookmark these articles to review them repeatedly. Once they are gone, they are hard to find again. Just like trading cryptocurrencies, a slight error can lead to a huge loss.
Is trading just gambling? Position management is very important! Many friends jump right in with 10/20/50 times leverage! Even 100 times, money goes in, and in one night it’s liquidated! There are two types of people who use high leverage: First: Those who like to bet small to win big, enjoy gambling, and are seriously risking it all! Second: Another type is beginners who don’t know how to operate or plan their positions, and end up finishing before they even start! Position management in trading is very important to maximize capital efficiency, while also mitigating personal risk. How to manage positions scientifically in trading? Flexible use of funds: for example, if you want to open a position of 10,000 U, you can use 1,000 U at 10 times leverage, or 500 U at 20 times. Set a stop loss of 1%-3%, using 10% of your capital to aim for a 100% return, while keeping losses manageable. If you use 10,000 at 10 times or 10,000 at 20 times... A single market movement could wipe you out; there’s no margin for error, no trial capital, and it’s easy to lose everything, distorting your mindset! Using high leverage to borrow multiple times your own capital for speculative actions, liquidation is common, while making money is rare. If you want to trade, first understand the basics, like leverage ratios and funding rates; if you know nothing and get liquidated, you’ll blame the tool for harming you. So it’s crucial to plan your positions reasonably! The cryptocurrency market is full of uncertainty and challenges, but it also contains potential opportunities. Investors should fully understand the related risks when participating in cryptocurrency investments, maintain calm and rationality, and respond to market changes with a solid strategy #本周微策略是否继续增持BTC? #ATA涨势分析 #GMT热度飙升 #币安LaunchpoolBIO预测 #SUI、OP大额解锁 $SXP $DAR $AGLD
New Market Journey: Limited Data, Focused on U.S. Policy Trends 🔥🔥 During the Christmas period, the market generally fell due to investors' uncertainty regarding Trump's post-inauguration tariff policies and the Federal Reserve's interest rate cut decisions. In the new week, important market data is scarce. The following key events are worth noting: 👇👇 January 1: Stock market closed for New Year's Day holiday January 2 at 21:30 will release the initial unemployment claims data for the week, expected to be 224,000 (previous value 219,000), though the impact is limited, it is an important observation indicator for the U.S. job market. January 3 at 23:00 will release the U.S. December ISM Manufacturing PMI data, expected to be 48.4 (same as previous value), which reflects the manufacturing conditions; if it falls below expectations, it may impact the market. This week, economic data is limited, and the market's focus is on U.S. economic policy uncertainty, especially regarding Trump administration policies and Federal Reserve movements. Want to learn more about the logic of cryptocurrency investment? Please visit my Zhuyexianjie #本周微策略是否继续增持BTC? #ATA涨势分析 #GMT热度飙升 #币安LaunchpoolBIO预测 #SUI、OP大额解锁 $DF $AVA $PNUT .
Before diving into the investment field, there are eight core points that need to be clarified: 1. "Is there a major player?" It is crucial to accurately observe the signs of control by major funds in the market, as this relates to market trends; 2. "How is the narrative?" This means deeply analyzing the underlying logic that the market follows, understanding public consensus, and recognizing trend contexts; 3. "Profit and loss ratio," one must carefully weigh the magnitude of potential returns against potential risks to assist in investment decisions; 4. "Timing for entry," it is essential to anchor the appropriate price range for entry and seize the optimal cost of timing; 5. "Building position strategy," one needs to choose between building positions in batches to diversify risk or going all-in to seize the opportunity; 6. "Position ratio," it is necessary to scientifically plan the share of this investment target within the overall position to control overall risk; 7. "Target price and selling strategy," one should set reasonable profit targets and pair them with a gradual reduction plan to secure profits; 8. "Stop-loss plan," prepare in advance a strategy for exiting in case of mistakes, safeguarding the principal. If you want to delve deep into the cryptocurrency space but can't find a clue, and want to quickly understand the information gap, whether it's contracts or spot trading, you can 👉 learn more in my profile #本周微策略是否继续增持BTC? #ATA涨势分析 #GMT热度飙升 #币安LaunchpoolBIO预测 #SUI、OP大额解锁 $DF $AVA $PNUT
In the world of trading, mindset and strategy are like the wings of a bird or the wheels of a vehicle; one cannot exist without the other. Trading is by no means a simple numerical game; it is a profound test of human nature.
A calm and composed mindset is the key to unlocking the door to successful trading. In the face of the ever-changing market, one must always maintain a clear mind, not blinded by greed, nor consumed by fear. When profits bloom like flowers, one must not become overly euphoric and blindly increase bets; it is crucial to understand that 'flowers do not bloom for a hundred days.' Timely locking in profits is the best strategy. When encountering losses, one should not fall into the quagmire of anxiety and despair; instead, view it as a normal part of the trading journey. Analyze calmly, decisively stop losses, and avoid further losses because every loss is a valuable opportunity for growth.
A reasonable and precise strategy is the compass that guides the way forward. Before entering the market, conduct in-depth research on market trends and accurately grasp the timing for buying and selling; do not engage in battles without preparation. Allocate funds wisely, diversify investment risks, and avoid putting all eggs in one basket. At the same time, adjust strategies flexibly according to market changes, just as one adjusts sails based on wind direction when sailing; follow the trend and do not stubbornly adhere to one's own views or rigid rules.
The path of trading is long, and mindset and strategy complement each other. Only with a peaceful and resilient heart, navigating flexible and changing strategies, can one steadily move forward in the turbulent ocean of the market, steering towards the shore of success and reaping the fruits of one's ideals. Click on my profile picture, follow the Coin Friends Nest, join the princess group, and I will share the latest high-quality market information with you every day, helping you make money without getting lost! #本周微策略是否继续增持BTC? #ATA涨势分析 #GMT热度飙升 #币安LaunchpoolBIO预测 #SUI、OP大额解锁 $DF $AVA $PNUT
In a bull market, don't short sell; it's better to make less profit than to short. It's easy to get pierced by a single needle. If a coin is worth 1 yuan and you go long with 75 times leverage, if it drops to zero, you will at most lose 75 times your margin. But if you go long and it rises to 10 yuan, you will lose about 700 times your margin. Click on my avatar to follow the Crypto Friend's Nest, join the princess group, and I will share the latest quality market information with you every day to help you get rich without losing your way! #本周微策略是否继续增持BTC? #ATA涨势分析 #GMT热度飙升 #币安LaunchpoolBIO预测 #SUI、OP大额解锁 $DF $AVA $PNUT
It's that time again when I'm broke, I'm really such an idiot. After finally getting a few hundred from my big brother's support, I let greed and my narrow mindset lead me to defeat. I'm reluctant to accept this, but there's nothing I can do. I sent a message to my big brother, and he replied with a smiley emoji but didn't respond further. I know he probably doesn't mind, but I do care. I'm filled with self-blame and regret, wondering why I don't have a bit of luck. My position management has already effectively spread the risk, and the liquidation price only needs to drop 50% for me to get liquidated. But, what’s the result? My whole position is in the red. Even if half of my position was in the green, I wouldn't have to stop loss. With so many coins in this market, I just happened to catch a dozen tokens that are all moving in the same direction. I really hope someone can support me with a few hundred, just consider it feeding the dog. Let me be your worker and place trades for you, thank you, boss. Click on my profile picture, follow Coin Buddy's little nest, join the princess group, and every day I will share the latest high-quality market information to help you make money without getting lost! #Will this week's micro strategy continue to increase BTC holdings? #ATA Trend Analysis #GMT Heat Surge #Binance Launchpool BIO Prediction #Large Unlocks for SUI, OP $DF $AVA $PNUT
#本周微策略是否继续增持BTC? #ATA涨势分析 #GMT热度飙升 #币安LaunchpoolBIO预测 #SUI、OP大额解锁 $DF $AVA $PNUT Forbes predicts XRP will reach $60,000! 🚀 Forbes boldly predicts that #XRP could soar to $60,000 in the future. 📈 Is this a glimpse into the next cryptocurrency revolution, or just crazy speculation? 👀
Currently, market sentiment is generally pessimistic, with expectations that the US CPI will rise to 2.7%. If this expectation turns out to be true, it may not have a positive impact on the market; however, if it is lower than expected, it will significantly boost the cryptocurrency market. Did you know? Despite Bitcoin's poor performance in the past few days, even dropping like a bear attack, Wall Street ETFs are still actively increasing their holdings. They see this drop as an opportunity to buy the dip rather than a signal to sell at the top. Therefore, do not easily misjudge the current market situation. This plunge is actually aimed at clearing a wave of leverage, and after consolidation, the market still has the potential to continue rising. #本周微策略是否继续增持BTC? #ATA涨势分析 #GMT热度飙升 #币安LaunchpoolBIO预测 #SUI、OP大额解锁 $DF $AVA $PNUT