Today is December 1st. Looking back, I entered the market around November of last year, time really flies. From being a little bird who knew nothing when I first entered the market to now being an experienced trader in the contract market, I have gone through so much hardship. When I first entered, like many new friends, I had no concept of Bitcoin and Ethereum, and having not experienced a big market trend, I thought the fluctuations in the crypto world were not that great. A few hours would see a fluctuation of 120 points, and I immediately started swing trading.
With 125 times leverage, I was immersed in the back-and-forth of 100 and 200 points. At that time, I had a question: if I was clearly making money, why was my account balance decreasing? It was only after reflecting that I realized this trading method wasn't even covering the transaction fees, which was a bit amusing.
When I encountered a big market trend, there was one thing that left a deep impression on me: shorting Bitcoin around 41,000 after hearing online teachers say it would drop to 30,000 or even 20,000. The downward trend was obvious, so I began shorting around 41,000. When I first started trading, I deposited 1,000 yuan into the market and unexpectedly made a profit by shorting, as it dropped to around 38,000, and I thought the money in the crypto world was easy to make. Then Bitcoin began to rise again, and as someone who liked to short, I lost 35,000 yuan due to holding my position for the first time, which left a deep impression on me. I kept adding margin and eventually woke up to find my position liquidated. This is why I always set stop-losses and avoid holding positions; it was my first lesson in the crypto world.
Then there was another time when I lost more than 70,000 yuan while trying to make a quick 1,000 to 2,000. Complaining in the square, I thought buying the opposite would guarantee a win, and I became the 'reverse buyer'. When my savings hit rock bottom, I prepared to tap into my provident fund to pay for car loans, rent, and insurance. The later events are known to my loyal fans; unexpectedly that day, I used 34 oil to hit 1,200 oil, solving my immediate financial crisis and starting my way back to recovery.
Time really passes quickly; it's been almost a year since I entered the crypto world, and I'm nearing 30. Ten years ago, I wouldn't even dare to think about the terrifying prospect of turning 30. Now looking to the future, I wonder what I will be like in ten years when I turn 40...
I need to earn money, give more love to my parents and family, and continue to live well; this is my current thought. I also appreciate all my old friends for valuing me and following me when they came across me; thank you all. After this month, it will be 2025, and I need to work hard in the new year!