I entered the cryptocurrency world in 2017. I was too lazy to learn because I was always starting a business, which led to continuous losses, liquidation, recharging, and loss, a vicious cycle
This year, on August 5, 2024, the big plunge, the leverage I used was liquidated again, and I didn’t have any more money to invest. I felt like I had given up on myself. I used to not trust people in the forum because I was cheated. Fortunately, I found Sanma Ge later and listened to his live broadcast. I felt that it was very suitable for a newbie like me. I won’t say much. The purpose is to verify whether I can turn over my position and make up for my losses by following Sanma Ge. So I want to make a diary record. From now on, this theme will be called "Sanma Ge's Follow-up Diary".
I will record both losses and profits. I hope I can persist and survive. An objective and fair record😄 ————————///////——————- The following is the process and performance after following the order:
I came on September 1st, with a total of more than 100 contracts, including but not limited to intraday strategies and sleeping strategies. I observed that the winning rate in the past 3 months is about 88%.
In the spot market, I saw that the profits of FET and ORDi from the buying point to the current target selling point are all above 50%.
It’s a pity that I didn’t buy WIF when it was 2U, and it doubled. I couldn’t control my hands and always operated randomly, and sometimes I did the opposite. I really regret it.
For example, those who ambushed in advance by ORDi made profits yesterday, but I didn’t dare to buy before I saw it. Also, Bitcoin’s Marco said that the price would reach 93,700 a day in advance, and it actually rose by 3,000 points when it did.
When making contracts, there shouldn't be too many personal opinions. Once you choose #三马哥 , you must strictly follow his strategy; otherwise, you'll be in big trouble. He told me to run, but I didn't; now it's all the way down to 3470. Don't learn from my experience of holding onto positions. I've missed many opportunities. Once I break even, I want to be reborn. I've even encountered the sky and earth lock; what else can I say?
Every time there is a big drop, I lose money and run away. Holding on stubbornly is my fatal blow. When can I change? Must it take a liquidation to change? Only through pain can I understand. Continue to hold long positions. Unlimited refills. #ORDI #WIF #ETH
BTC long orders run away San Ma Ge’s long orders have been injected twice at night recently. I will take a break today I am afraid that the short trend has begun. If you keep going long, you will be easily blown up
Today's weekend contract didn't make money, no vision Spot wif made a profit and left Switched to ordi at 38.2, a bit high But Brother Sanma saw 52, I'll wait, if it goes up I might sell part of it If it drops to around 45, I will add another 1/3
The BTC long position given by Sam哥, I didn't have a plan. The entry point I used last night was a bit high, and it automatically took profit at 97400. I didn't dare to have a plan. I kept reminding myself that it could reach 100,000, and just taking profit is good enough.
You must control your hands If you didn't buy high with a reckless hand and get stuck in a position, you wouldn't dare to make other trades. Unwound 9000U in one night. Don't learn from me, don't 🙅
I made a big mistake yesterday Chasing the rise while standing on the peak Because my previous WiFi cost was 3.15. The day before yesterday it rose to 3.45 and I sold at 3.25 Later, seeing it still rising, I chased in Resulting in my cost being 3.28. Yesterday it dropped to around 3, I decisively increased my position Bringing my cost back to 3.16. Now I am in a floating profit state
My Reflections and Growth in the Cryptocurrency World
Since I got involved in the cryptocurrency world in 2017, I have never mentioned money, experiencing countless deposits and losses. At that time, I had just started a company and initially invested in EOS on Huobi, resulting in losing everything. Later, when Huobi shut down, I only had a portion of my funds left in spot trading. The bull market in 2021 temporarily spared me from losses, but with the closure of Huobi, I had to sell my spot assets and began to explore futures trading. I followed a friend to trade futures, initially making a few profitable trades, but as the investment grew, I eventually lost interest in continuing to do business and chose to exit.
I missed last year's bull market and only re-entered the market in August this year, but encountered the crash on August 5, losing half of my principal. After experiencing several liquidations in futures trading, I realized I could not continue like this. Upon reflection, I felt pain and regret, realizing that I knew nothing about the market, not even being able to understand the charts; trading cryptocurrencies was akin to suicide.
Fortunately, I met Brother San Ma, who changed my perspective on the cryptocurrency world. My previous misconceptions had led me into endless losses, but Brother San Ma inspired me to start learning diligently. I began to seriously listen to live broadcasts, study various indicators, and join Brother San Ma's team, significantly improving my success rate. I no longer trade blindly, as I believe Brother San Ma will not let me lose money; his sense of responsibility brings me comfort.
Through this experience, I realized that the key to changing myself is to continue choosing to believe. I hope to be more rational and mature in future investments.
Recouping a quarter of my losses in a month requires good control over my trading. Large losses are mostly due to my own trading issues.
I also welcome friends to reach out to me for discussions.