My Experience in the Cryptocurrency World
In 2021, I entered the cryptocurrency world with 20,000 yuan. I spent a lot of time learning trading skills, reading many books, and mastering analysis tools such as candlestick charts, moving averages, and MACD.
During the market fluctuations in May, I seized the rare 519 event and successfully earned 13,000 USD, causing my account to skyrocket. I made my first million yuan in my life. At that time, I was full of confidence, as if I had already reached the peak of wealth.
But as the market continued to decline, I leveraged again and decided to heavily invest when Ethereum was at 2,750 USD. The price skyrocketed, leading me to see extremely high returns, even reaching 4,200 USD. However, market changes are always unpredictable, and ultimately, when Bitcoin fell to 30,000 USD, my account was liquidated, and my once 1 million returned to zero.
After losing my wealth, I fell into confusion and even thought of giving up, but I knew I had to survive, so I packed my bags and went to work in Guangdong to start anew.
The ups and downs of the cryptocurrency world made me deeply realize that wealth comes quickly and goes just as fast. Most people will ultimately lose money; only a few lucky ones can make a comeback.
My experience reminds everyone that in the cryptocurrency world, the temptation of high profits often comes with extremely high risks. Maintaining rationality and a clear awareness of risk is the key to long-term survival.