Challenge to recover 600,000 with a 50,000 capital on the first day of the bull market
After years in the market, I lost 600,000, my first bucket of gold is gone. Recently, I told my parents that the bull market is coming, and they seemed to think it was unlikely, but they still unconditionally decided to support me. This time, I can't play with contracts anymore; I can't let my family down, and I don't want to suffer the pain of liquidation anymore. I initially wanted to buy at the bottom yesterday, but I wanted to wait for a stop in the decline, and today it stabilized. It was too late last night to tell my parents. The contract position had 108 USDT, which was 40 USDT earned last night. I opened Zen at 19, and then I sold it at 22 last night. I also opened LTC at 96. Today I told my dad that I wanted to buy some spot, and he transferred money to me. I bought 30,000 in LTC. If it can drop further, I will buy another 20,000 at the bottom. If it goes up to 200 and doubles, I will first sell half and pay back my dad with the profits. After being in the crypto space for so long, I now realize that investing is definitely not something that can be achieved overnight.