Hello everyone,
In August 2021, I completed my B.E. degree.
September 2021: I had a fight with my family and left home for Coimbatore. From June to August, I experimented with P2P trading using $100 and consistently made profits of $2-4 per day. After leaving home, I continued P2P trading and increased my earnings to $5-7 per day. In the middle of September, I invested $10-20 in a color trading game and lost, resulting in a $100 loss after additional deposits to recover. I asked a friend for a $100 loan and worked tirelessly in P2P, earning $100 within five days. During this time, I struggled to cover basic expenses, but my friend's loan helped me manage. By the end of September, I became a P2P merchant.
October 2021: I returned home and opened multiple bank accounts for P2P trading, working tirelessly and earning $500 within the month. In late October, my father contributed $1000 to support this work.
November 2021: I earned over $1000 this month and invested in assets with my friends, amassing $6000. I continued P2P trading, but during India's winter session, discussions of crypto regulations caused the USDT to INR conversion rate in P2P to plummet, resulting in a $300 loss. To recover, my brother and I traded overnight without sleep and regained the $300. The next day, I earned $1200, followed by $1000, and then $600, although profits tapered off due to market fluctuations returning to normal.
December 2021: In this month, I impulsively invested my $7000 asset in BTC spot trading at $50,000, only for the price to drop below $45,000. After four days, I sold at $45,000, incurring a $500 loss. I returned to P2P trading to recover.
January 2022: This month, I spent $1300 on my mother's health issues, preventing me from P2P trading due to hospital visits and caregiving, resulting in no income.
February 2022: I continued P2P trading while caring for my mother, earning modestly.
March 2022: I expanded my assets by $11,000 by investing in ETH. My goal was to earn $20-50 daily using MACD for trading. However, I neglected risk management. After buying ETH at $2700 and watching it drop to $2300, I waited a week and sold at $3000, earning a $300-400 profit.
April 2022: I shifted my focus to high-return altcoin investments, earning $200-300 per day on average, although some coins incurred more losses than gains.
May 2022: With $8000, I invested in the SLP market at $0.022, but the price continued to drop, resulting in a loss. I joined a Telegram SLP community group, where I was scammed in a presale promotion, losing $5000. Facing significant losses, I contemplated leaving the world but ultimately persevered.
Later in May, during a LUNA market crash, I borrowed $2000 from friends, but my lack of knowledge in futures trading led to more losses. However, I managed to recover through aggressive P2P trading, earning $2000 within four hours. I then invested in the LUNA market at $0.00001, faced a loss, but rebounded when the market returned to $0.00008. Following Binance's delisting announcement, I sold my assets, totaling $2600, and transferred my funds to Kucoin to invest in LUNA at $0.000018. Shortly after, Binance relisted LUNA, and within minutes, prices surged 10x, allowing me to recover all my losses, totaling $15,000.
June 2022: During this month, I invested in the Ape market and earned $500. The next day, I reinvested in this market, which resulted in losses, reducing my asset to $9,000. I then invested in the GMT Market, trading at $0.94, setting a target of $1.55. Within a day, it rose to over $3, which was unexpected and happened in seconds, only in the GMT/BUSD pairing; other pairs did not see such a rapid increase. Fortunately, I recovered my asset of $15,000 and made a profit of $2,000. I used that profit to repay my gold loan and gave some to my mother as well. After a few days, I reinvested in the GMT Market, trading at $1.20, but it dropped below $0.90. After some days, it rose again to around $1.10.
July 2022: I sold my investment and transferred the funds from spot to futures. After opening positions, I experienced both positive returns and losses.
August 2022: I took a high-risk approach using the highest margin in GMT trading but unfortunately incurred significant losses and was liquidated. This left me worried about how to recover the $15,000 again.
September 2022: I asked my father to sell the land. He agreed and provided the land documents. However, I faced several challenges selling the land during this month.
October 2022: I continued trying to sell the land, but no one was willing to buy. Then, in the last week of October, someone agreed to buy and gave an advance of $5,000. I had already taken on more debts, so I considered using these funds for repayment, but my mind was not ready and interested in doing so.
November 2022: Half of our land was sold during this month, leaving me with $15,000. On that same day, I earned $2,000 using $15,000, which I used to repay someone. I then reinvested in the Ocean Market, trading at $0.27, but it dropped below $0.22, prompting me to sell it. I then transferred those funds to Kucoin and invested in the GMT Governance token, resulting in some losses. I then blindly invested in more gainful coins, but everything resulted in losses, and I lost everything.
December 2022: I received the remaining funds of $12,000 from the sale of the other half of the land. I repaid all my debts and had $5,000 left. I traded in the MOB market at $1.10 and earned $1,000 within a week. After a few days, I invested in the VIB market but incurred losses. Then, I invested in SNM, trading at $0.27, but it also resulted in losses. I then blindly invested in some gainful tokens, losing everything and ending up with only $500.
In the last week of December, the SNM market rose from $0.20 to $12 within a day. Unfortunately, I missed out on that opportunity; if I had held onto my tokens, my asset would have exceeded $500,000, but I had bad luck.
January 2023: In the middle of the month, I used $500 in the GALA market for futures trading while it was trading at 0.018. After a few days, it rose to above 0.05, so I had around $2000-$3000. I then gradually invested and opened 20-30 positions. All the markets were rising, and my funds increased to $2500-$18000 within a week. After a few days, BTC faced high drop fluctuations, going from 22800 to 20000, so I closed all 40 positions. I had $10000 left, which I blindly invested in spot trading, and these funds were also lost, with some used to repay debts.
February 2023: I was in depression, thinking about how to recover all my losses. Until February 2023, I used MACD and stochastic RSI.
March 2023: In February, I learned from all my past mistakes in trading and developed my own analysis methods. In early March, I created my first trading analysis method. I applied to become a Binance Square Creator. After 3 days, I received an email approving my application. Then I started posting trading information, providing more analysis, and offering trading signals.
April 2023: I introduced a VIP service and was receiving $200 per day from it. After a few days, some members discontinued the service, and I did not receive payments like before. I used those funds to repay debts.
May 2023: I had $500 and traded BTC, earning over $7000 in profit. Unfortunately, the value decreased, leaving me with $3000. I took a high-risk margin in BTC and GALA. After 2 days, my $3000 increased to $15000. However, overnight, BTC and all the markets suddenly dropped significantly, resulting in liquidation.
June 2023: I continued providing analysis information and trading signals, and this month was relatively quiet.
July 2023: Towards the end of the month, I faced personal issues in my hometown and had a police case.
August 2023: Due to depression, stress, and other factors, I lost focus and did not provide trading signals for the past 3 months in our community.
September 2023: After a few days, I re-entered the market and developed new analysis methods.
October 2023: I started branding myself as "KingofBTC" and provided consistent BTC updates while it was trading at 27k.
November 2023: I deposited $300 and traded BTC while it was at 30000. I also traded in altcoins and earned an additional $13000. However, I had opened more positions, which resulted in gains. Unfortunately, at that time, BTC experienced a sudden drop from 34400 to 33300, causing all positions to go negative. I closed some with profits and used them to repay some debts.
December 2023: There were no significant opportunities this month due to Christmas. During this time, I introduced the LT VIP service with a promotional price, and some members used this service, which helped me receive funds to repay more debts.
January - April 2024: Nothing special happened during this time. I continued attending court hearings for the fake case of destroying public property, filed by my hometown leader. Most people in my hometown are troublesome, which is why I face these issues.
After launching the LT VIP service, I received funds to repay more debts, which helped me manage personal expenses. Occasionally, I received tips from BTC analysis, which also aided in repaying debts.
I have not celebrated my birthday from 2022 to 2024. I do not attend any festivals and am not interested in them. I mostly stay at home or go to work in the garden.
Yes, I don't have anything now. I am at zero. But one day, I will become a millionaire because I have confidence in my analysis. In the past, I traded blindly. After teaching myself analysis, specifically after January 2024, I can make more money. This is why I am taking the highest risks in trading. If good times come to me, I will easily recover my losses because I have the capability.
Note: Why did I stop BTC analysis? I used to share my analysis frequently, updating when market behavior changed or was unfavorable. However, despite providing accurate information, I received no support(TIPS). This caused me to lose interest and hope in life. I dislike my life, unsure of when a brighter future will come. Despite this, I continue living. Let's see what happens in my life.
Thank you for listening to my trading journey.
Author: @KingofBTC2024 (For All) BXT