What is the most tragic thing you have heard in the cryptocurrency circle?
Last November, a friend played contracts and opened 5 times more than 500,000 yuan with a principal of 500,000 yuan. The account peaked at 4.3 million yuan. Excluding the fees and handling fees and the part of spot hedging, the profit was a full 851%.
If it were you at this time, what would you do? Most people would have stopped long ago, but he didn't. I heard from his wife that there was a small drop in the middle, and he didn't stop loss, and then it rebounded. At that time, the profit of the contract account had exceeded 900%. It should be that there were too many people shorting, so he didn't care. Later, when it dropped a little, he didn't choose to stop loss. When his wife said 430, he stopped her with a slightly trembling voice to tell her about the situation. He was not particularly excited, and then stared at the screen, slowly calming down. Because of the contract, he had made less than 3 million yuan at the peak before, and then lost it again. After seeing the storm, he would be very calm when encountering such a situation.
He resolutely believed that it would reach 500, and wanted to wait until it broke through 500 before stopping, but the result was... . . . . Without hedging the contract position, a needle was ruthlessly inserted. . . . The account was left with only 80 to 90. It was too late to close the position. . . . Everyone should know the ending, bomb. . .
The rest was that he held his head with both hands and was stunned for two minutes. His wife vaguely felt something was wrong and was about to ask him what was wrong, but he rushed to the window sill and jumped down. . . . Fortunately, his house was on the third floor and his life was saved.