The story isn't the best, but it's definitely worth watching.
He said something that left the deepest impression on me: Although I have failed miserably and hurt my family, I cannot fall into depravity because of this. I must do my best to make up for my mistakes and leave no regrets in this life.
People can be defeated but not defeated. Life never ends, struggle never ceases.
Hello everyone, my name is Xin. I am now in debt of 6 million, born in 1982. In my heyday, I had tens of millions in cash, my own second-hand car dealership, tens of millions of cars, and four houses. I had a pair of twin children, and I could be said to be a winner in life. My family was happy and my career was smooth.
Cryptocurrency trading
Since I came into contact with virtual currency in 2018, my life has gone downhill. My greed again and again eventually ruined my career and affected my family. Now I am heavily in debt. Every night, I think of the past glory and the madness of cryptocurrency trading. I can only cry silently in my heart. But for the sake of my family, I must not fall down. Life is a long road, come on!
I also hope that my story can awaken more friends, those who speculate in cryptocurrencies, speculate in cryptocurrencies with debt, and want to get rich in the cryptocurrency circle, to wake up as soon as possible, stay away from the cryptocurrency circle, return to their families, and return to their lives.
In 2018, I learned about Bitcoin from a friend who was also in the second-hand car circle. We often ate and played games together. Later, I heard that my friend transferred his car dealership and specialized in cryptocurrency trading. He made millions. I was also bored. I asked a friend to teach me how to trade in cryptocurrency. I learned the basic operations. I remember that Bitcoin was 12,000 at the time, and it was said everywhere that Bitcoin would rise to 100,000 or 1 million. I bought 200 and spent 2.4 million. In 2018, Bitcoin was at a high of more than 13,000. In 2019, it fell to a low of more than 3,000. I thought that I had lost so much, so I sold it. When it finally rose to 5,000, I sold it. I lost 1.2 million this time. I lost so much, but I didn't feel anything. After buying it, I took my wife and children out for a big meal. I was quite happy. I didn't lose all of it. I didn't pay attention to it for a long time afterwards. People are just cheap. The less they pay attention, the more news and videos will push such news, and I can't help but click in to see it. When I saw Bitcoin break through 20,000, I felt so regretful. If I hadn't sold it, I would have made more than one million now. I wondered if I should get some more money in to make back all the money I lost before? If you have an idea, you must act. I took out another two million to enter the currency circle. Thinking that Bitcoin would not rise again after rising so much, I bought other coins. At that time, I bought the virtual currency developed by Justin Sun. After buying it, I stared at my phone every day. The coins I bought did not move at all, and sometimes they even fell, while other coins rose every day. If you play this often, you will meet like-minded friends. You join a group and watch other people post their orders in the group every day. I was itching to make so much money, so I asked my friends in the group to teach me how to play. This was my first contact with contracts. At that time, I sold all the coins I had. I started to play contracts slowly. At that time, I played small, and I made some gains and losses, but generally I didn't lose much. I remember there was a virtual currency called fil at that time. It rose several times in a week. At that time, I felt that my skills were okay and that this coin had little room for growth. I started shorting again, using triple leverage and 50% of my position, which means I increased my funds by 1.5 times. I thought it was very stable and there should be no problem.God always likes to play jokes. In just two days, the coin doubled again. In the middle of the night, I kept receiving reminders of liquidation on my phone. I woke up and found that it had been liquidated. At that time, the two million was liquidated, but I still didn't feel anything. I felt that this coin would never rise again, so I put another 3 million in, thinking of making it back in one go. This time I opened a five-fold leverage, and I never expected that it would be liquidated in less than two hours. Only then did I calm down. I can't do this. If I continue like this, it will be like gambling. I will be ruined and have nothing. I didn't sleep all night that night and thought a lot.
The next day, I sent my two children to school and went to the company. Just like that, I resumed my normal life. The epidemic was over. I took my family and children to travel around the country. The whole family was together. It was happier than anything else.
Due to the repeated outbreaks of the epidemic, the business in my store is not as good as before. I spend most of my time sleeping and playing with my phone in the store. As the saying goes, a dog will always eat shit, and the same goes for people. I am still paying attention to these currency circle information. When I heard someone say that mining machines can make money, only profit and no loss. At that time, I thought that I was not suitable for escape, so I built a mining machine to play with. At that time, I chose a mining machine project. I invested almost 2 million. At the beginning, it was the first virtual currency to make money, and it kept rising. Thinking that this project was okay, I didn’t sell the coins. That’s it. It was about a month. Suddenly one day this virtual currency collapsed directly, and the price of the currency fell directly by 99%. The next day, the news was full of information that the project party had run away. The mining machine and the currency in my hand were worthless. At that time, I felt dizzy and collapsed. I didn’t go home for several days. I drank a lot of alcohol outside, and my family members were looking for me everywhere like crazy.
Time may be a good medicine. After several days, I returned home and told my family about this matter. My family also comforted me and said that it was okay and I could earn money again. I also promised my family and wrote a letter of guarantee that I would never touch this again and never play it again.
Contracts are like gambling. Once you get involved, you can't get rid of them. It's like there's someone in your head constantly reminding you to play once, and then play again, maybe you can make it back. Just like this, I slowly put tens of thousands of dollars into it. When I ran out of money, I sold the cars in my car dealership to other second-hand car dealerships at a low price. After a long time, a partner knew about this. He talked to me and said that when I ran out of money, I could ask him for money, and not sell the car to others. Just like this, I seemed to have no feeling, and kept asking friends for money, until one time my friend didn't give me money, I realized that I had taken so much money and had no ability to pay it back. I transferred all the car documents in my hand to my friend. I wandered around the street for a whole day, feeling very confused. I didn't know what I was doing. How could this happen? I was drowsy, and more than a week passed like this. When Bitcoin rose to 60,000, I felt that the big bull market was coming. Thinking of taking another gamble, I mortgaged four houses in my family at once without telling my family and got 6 million. At that time, I was so excited that I directly signed a contract for 6 million. I didn’t expect that the market would collapse and fall every day just after I finished the contract. I watched my money disappear bit by bit. I kept hoping that the market would go up and up. But it wasn’t until I received a margin call message that I realized it was all over.
At that time, I was sweating all over and slapping myself on the face. I couldn't feel my hands anymore and my hair turned white.
The next day, I drank a bottle of white wine and walked to the river. I kept walking until I woke up and found that a fisherman had rescued me.
A man in his seventies said to me, "Young man, what are you worried about? We live in such a good society. Why are you thinking about dying? Don't you have a family, a wife, children, or parents? What will happen to them if you die?"
The old man's words suddenly woke me up. If I died, how would my parents, wife, and children face so much debt? I only cared about myself and was addicted to my own world. I forgot about my family, children, and parents.
I didn't care about anything else and went back home to spend time with my family. I told them about my situation. They all cried together. Finally, everyone came up with a solution.
Thinking back to when I was once a multi-millionaire, and now I have so much debt, I feel mixed emotions. I want to tell my friends here: Stop as soon as possible, and don't get deeper and deeper into debt.
The above is the story of this friend. It is a long story with great ups and downs. The road of life is long. It is the people around you who accompany you, not those numbers.
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