See original
菠菜420
--
Some people watch others make hundreds of thousands of dollars by trading contracts and feel envious of their profits in the millions of TWD, so let me share a story about a friend of mine.
In 2021, he was into airdrops and used a wallet with 5 ETH to buy a bunch of ENS domains. In the end, just as he wished, he received an airdrop worth 20-30 million TWD in tokens. Then he used that money to buy 20-30 NFT-mutant monkeys and doubled his profits, earning over 100 million TWD. Before 2020, he had gone bankrupt once due to trading contracts, but this time in 2021, he finally reached A9 (nine-digit) assets.
Everything was going smoothly, as if heaven was blessing him. We were all super envious. Occasionally, he would share some contract statements, showing profits of 200-300 thousand USD from contracts he opened with tens of thousands of USD. At that time, I was still losing money, and seeing that made me really eager to be like him.
One day at the end of 2022, he suddenly messaged me, saying, 'Brother, you should stop trading contracts. I've already quit.'
At that time, I wondered why he would say that, and I later learned that he had lost control over his contracts, losing at least half of his earlier profits (almost over 50 million TWD).
A while later, around mid-2023, when I heard news about him, it was that he was borrowing money from others, borrowing ETH (including from me). It turned out he had gone bankrupt again, impacting his real life, and he still has a family...
He lost several hundred million TWD that he once had in his pocket, and even now he is still on the path to recovery. This story is true because he was a very good friend of mine when I was trading NFTs.
In 2021, he was into airdrops and used a wallet with 5 ETH to buy a bunch of ENS domains. In the end, just as he wished, he received an airdrop worth 20-30 million TWD in tokens. Then he used that money to buy 20-30 NFT-mutant monkeys and doubled his profits, earning over 100 million TWD. Before 2020, he had gone bankrupt once due to trading contracts, but this time in 2021, he finally reached A9 (nine-digit) assets.
Everything was going smoothly, as if heaven was blessing him. We were all super envious. Occasionally, he would share some contract statements, showing profits of 200-300 thousand USD from contracts he opened with tens of thousands of USD. At that time, I was still losing money, and seeing that made me really eager to be like him.
One day at the end of 2022, he suddenly messaged me, saying, 'Brother, you should stop trading contracts. I've already quit.'
At that time, I wondered why he would say that, and I later learned that he had lost control over his contracts, losing at least half of his earlier profits (almost over 50 million TWD).
A while later, around mid-2023, when I heard news about him, it was that he was borrowing money from others, borrowing ETH (including from me). It turned out he had gone bankrupt again, impacting his real life, and he still has a family...
He lost several hundred million TWD that he once had in his pocket, and even now he is still on the path to recovery. This story is true because he was a very good friend of mine when I was trading NFTs.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0