#sui
From the narration of a bankrupt whale, I hope it helps you
How to turn 500 US dollars into 100 million US dollars, let me tell you slowly
1. Last March, the inscription appeared out of nowhere, I went all in on ordi at 100 US dollars each, cleared out at 5000 US dollars.
2. In June, the eth inscriptions appeared, I bought 100 at 80 US dollars each, cleared out at 5000 US dollars.
3. When the bitcoin inscriptions hit 80%, I went all in with 500,000 US dollars, sold for 3 million US dollars.
⛽️ At this point, for some people, they could exit the market, but I did not, because I had my eyes on another target, which is sui.
4. Last November, I went in with 2.5 million US dollars with 5x leverage, bought a house in Wuhan for 200,000 US dollars, and I forgot how to spend the remaining money. By March this year, I had basically cleared all positions, only keeping a base position, at this time, my assets were 10 million US dollars.
5. During this time, I was waiting for another opportunity to enter sui, I have great confidence in it, and still do.
6. The opportunity finally came this year when sui was at 0.5, I bought all in on spot. Then I staked it on a lending platform.
7. When Grayscale wanted to buy sui, I started borrowing from the staking platform, then bought sui and deposited it again to take out loans, and kept cycling this way. The funds reached 100 million US dollars.
The reason for the liquidation was that my staking rate was too high. When sui dropped to 2.99, my staking rate reached 75%, and I was liquidated.
Should the story end here? No, my mindset is still good, the crypto world is not short of opportunities, just take it as a lesson learned, an expensive lesson.
Now sui has risen again, I am really crying to death 😭
$BTC