After ten years of currency speculation (Part 2), continued, I lost more than 6,000 U in one day. Who could bear it? I was anxious to get my money back, so I left myself to formulate a strategy. I went short Ether, going short around 3,300. I persisted until I got my money back at 2,500, and my position was liquidated. 3600. When I saw that there was a profit, I closed my position and took the profit, and continued to buy at a higher point, just a few points higher. Because I couldn't wait for the rebound and was afraid that I wouldn't be able to get on the bus. As a result, I was trapped by hundreds of points after rebounding several times. Fortunately, in the end It still fell, and I made back 500 to 600 U, thinking that God would be wise. As a result, the ether took off this afternoon. I cut the meat at 3250 and lost 800. I took the profit and lost money. The last bullet There was only 1300 left, and this time the accumulated loss was 8000u. I did BOME in the short term, but was trapped again. This time I gave up completely and stopped looking. I went long at 0.0116, liquidated the position at 0.007, and recovered my capital at 0.03. The hope was very slim, but I still wanted to take a gamble.

Having said so much, let me tell you why you failed.

First, you should not touch contracts. 95% of people who make contracts end up losing money because rationality can never defeat greedy human nature.

Second, because I am too lazy to get a wallet, it may be the trauma caused by the loss. In fact, as mentioned before, I lost 10,000 yuan in 2013 and finally bought Shanzhai 1000. In fact, I don’t care about these small assets. First, it is convenient. For example, I would have balances in all kinds of bank cards and mobile phone membership cards that would not be cleared. Secondly, I realized at that time that I was not going to make any money anyway, so I might as well buy a few cheap altcoins and try my luck. But I only did it once, why didn’t I insist on doing it later?

Maybe this is fate. Some things are not meant for you. My friend who speculated in currencies with me in 2015 told me on WeChat that he made tens of millions.

Finally, to sum up, never touch the contract, you don’t have that fate. If you want to make money, use your spare money to buy some copycats, buy ten of them, even if one or two are used, you can make money.

My story ends here, I would like to share it with you all.

In addition, the data and year in the article may be different from the actual situation and are not rigorous enough. However, the content of the story is absolutely true and the data is no longer important.