Today's Funds 1819 U, July 1, 2024 (1)

I have stopped updating. In the past, no matter how the market changes, I basically remained unchanged and updated my diary every day.

Recently, the losses of the contracts have fallen to the point that I have stopped updating my diary. You can imagine how serious my losses are. What makes me even more uncomfortable is that many classmates still don't believe me in my real and realistic diary records every day. They take advantage of me and make sarcastic remarks. What bad intentions can I have? The Internet has memory. Since I started writing my diary on October 7, 23, the number of people who have made money and lost money and have really read my diary can be roughly counted. But this is how the world is. There is always probability.

Yesterday my father called and asked me when I would buy a car. If I still need money, he would give it to me. But I know in my heart how much money my father has. In order to reassure my parents, I told them that I wanted to buy a second-hand car. Now, I haven't bought a car, and I have no money. I don't know if I will have money for rent and food. The overall environment is not good, and it is difficult to do business everywhere. Thinking about my loss of tens of thousands of U, I really want to slap myself.

Now I can only put down my burden and live in the present, try to forget the past, and start again. I haven't written a diary in the past few days. On the 28th, I sold spot BTC and cashed out 342U (see picture 2). I have to sell it. In life, money is needed everywhere. The market is not good now, so there is no money-making effect. Once BTC falls, all fall. The ondo contracts held have fallen to the liquidation price. If I hadn't sold 500U of spot positions with orders to make up for the margin, I would have been liquidated.

Operations still need to grasp the situation and follow the trend. When the market has no money-making effect, it is really meaningless to still operate contracts. More often, it is just giving away heads and being liquidated.