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At the end of 2016, I deposited my internship salary of 2,000 yuan into OKcoin. As a newborn calf who is not afraid of tigers, I opened the spot leverage of five times and went long without any thought. At that time, $BTC rose steadily from 2000 to 8888 yuan. Perhaps it was the aura of a newbie. Within a few weeks, my assets increased to more than 10,000 yuan.

However, the aura of being a newbie will not last forever, and market trends are changing rapidly. I learned a vivid lesson that night when I reached the top in 8888 seconds and returned to 6000 in 8888 seconds. One second your hand is full of money, and the next second your position is liquidated. Because the position liquidation was based on spot leverage, there was still money left after the liquidation. The losses in the liquidation were offset by the previous profits, and the principal was not lost. However, as a newbie in the speculative market, I had no concept of "retracement" and could not accept the loss of floating profits on my books, so I tried to recover my capital by increasing leverage and frequent trading. This is a taboo in trading, and it is also the first trap that a novice speculator like me steps into.

The next days of trying to get back my money were like a nightmare. My body and mind were in a state of morbidity. I even forgot to eat and sleep in order not to waste time watching the market. Until the currency price dropped rapidly again, the long leverage sounded the alarm again, and only less than 300 of the 2,000 principal was left. At that moment, the tense expression suddenly collapsed, and the chaotic brain was unable to continue gambling. I had a long sleep and woke up feeling unwell. Although I wasn't seriously ill, I felt sick for several weeks.

In investment and speculation, there are losses and gains. When you win, you take it easy and when you lose, you treat it with peace of mind. This is the first lesson the market taught me.

Today, #Marvin (address 7055) is in the spotlight. As a meme coin related to Musk’s pet dog, the community actively supports it, and its current market value has reached US$1.3 million. The market has high hopes for it and expects the currency to have huge growth potential in the short term, making it suitable for building a position. Maybe this is a new opportunity for me to find a new direction in the ups and downs of the currency circle. #美国二季度核心PCE符合预期 #美联储11月降息预期升温 #美国8月核心PCE创4月以来新高 #比特币盈利供应能否推动价格上涨？