Empathy, with the same experiences as you, I am also a sophomore, and now I have a big smoking habit. I have also blown up countless times, accumulating a loss of over 10,000.
Calidream
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As a sophomore student, I have been trading cryptocurrencies for two years.
As a sophomore student, I have been trading cryptocurrencies for two years. I started to get involved in cryptocurrency after the college entrance examination. Now two years have passed, and the two accounts have lost a total of 3,000u+, which is more than 20,000 yuan. For college students, I have lost all the money I earned from part-time jobs and living expenses for more than two years. Of course, I don’t have any extra money to continue throwing in the market. When I first started, I just wanted to earn some living expenses, so I invested 1-2k, which is more than 100u each time, with 20x leverage and 50u margin. I couldn't withstand any fluctuations at all. Every time I was trapped, I thought about waiting for myself to slowly get out of the trap. As a result, I was trapped deeper and deeper, to the point where I couldn't bear to stop the loss. I thought that if I stopped, the next margin would be even less, and the risk of opening a position would be greater. If I didn't stop, the result was obvious, which was endless liquidation.