From 600U to PlayerUnknown's Battlegrounds: The Blood and Tears Contract Road of a Cryptocurrency Novice
When I first entered the cryptocurrency circle, I was just an ordinary college student. I rushed into Binance with 400U to earn a living. Who knew that I would step into a big pit and almost lose my life!
At the beginning, I knew nothing about the cryptocurrency circle. I didn't know how to recharge, couldn't understand the K-line, and had too many wallets. Every day was like taking a blockchain encyclopedia class. After half a month of trial and error, I finally found a way. But the real challenge starts with the contract, which is the real "cryptocurrency version of the Hunger Games".
Once, I shorted a copycat coin, guessed the entry time, set the stop profit point, and made 150U in one night. I was so excited that I wanted to give myself a prize! But before I was happy for long, I thought, "It has fallen so much, it will definitely rebound next, right?" So I immediately went long... As a result, the market did not follow the script, it kept falling! 150U vanished in an instant. Fortunately, I set a stop loss, otherwise I would have lost my pants.
During that time, I was immersed in the fantasy that "BTC will rush to 100,000U" every day, but reality poured cold water on me. In the callback on the 24th, BTC and a group of altcoins collectively plummeted, directly blowing up the first pot of gold I had accumulated with great effort. I thought it was a "small shock" at the time, and I didn't set a stop loss at all because of my fluke mentality. The next day, I received an email notification. That feeling, tsk... was no different from saying goodbye to my dream.
What's even more ridiculous is that on the 28th, I listened to the advice of an "old brother" and transferred the remaining money to another exchange and followed his order. The guy vowed: "Don't worry, follow it, double it tomorrow!" As a result, he doubled it - doubled it after the liquidation! My remaining principal was directly hit the bottom.
At this moment, I only have the last 100U left, and I secretly swear in my heart: I will never give up until I fight for 100U this time! Of course, if I lose money again, I will quit at the speed of light, turn around and take the civil service exam, and never set foot in the "brain-burning hell" of the cryptocurrency circle again!
This is my bitter lesson, and I hope it can help you avoid detours. If you are also struggling in the waves of the cryptocurrency circle, remember to pay attention to Lao Tan, who will lead you forward steadily and don't get carried away again!
