In the year #你问我答 21, I used 10,000 to trade low-multiplier contracts, making over double, and continued trading, but when the profit reached 200%, I didn’t exit, and ultimately lost it all.

I continued trading contracts and was hit by a crash, which wiped me out.

I borrowed 50,000 to keep trading contracts, and by noon, I saw the cryptocurrency market continuously plummeting; I forgot whether it was the 519 incident, but in any case, I ended up in liquidation, constantly reducing my positions and adding margin, borrowing money to inject into the margin, and ultimately, as expected, it was gone.

Feeling disheartened, I was afraid to touch the cryptocurrency market again, returned to reality, and worked hard. Later, I moved to another city to work and pay off debts.

Then by 2023, I injected money into buying cryptocurrencies, 200,000. Initially, I wanted to wait for a significant drop to buy spot, but watching the ups and downs every day made me restless, so I transferred 30,000 to a smaller account to trade BTC contracts. At that time, it was at 25,000, BTC couldn’t rise, so I shorted it, making a bit of profit back and forth, then opened a contract again without a stop-loss, starting to hold the position. I gradually injected more money from my main account, and ended up adding more and more. Watching the unrealized losses on my account every day made me very anxious; this is my last money. Now, setting a stop-loss feels like a loss, and I don’t know when I can make it back. What if I don’t set a stop-loss and get liquidated? Every day feels aimless; at work, I have to check the cryptocurrency market every few minutes. Fortunately, it did drop later, so I quickly took the profits.

If you are currently losing and don’t know what to do, you can click to follow me, click on my avatar to find me anytime. I share all trading strategies for contracts and spot. Just to gain followers.

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