I didn't expect everyone would like to see my records of being hit... so I added another entry.

Alas, who is born knowing how to trade? Even seasoned traders started as newcomers. Who hasn't faced challenges and grown along the way...

After the pig fiasco, I looked and saw that I had just over 180,000 left. If I continued playing, I was afraid that all the hard work of the past two months would be lost overnight. So, I began observing the K-line. I felt there must be a pattern; otherwise, it wouldn't be possible for some people to keep making money while others consistently lost.

Then I stopped all trading and just observed the patterns in the K-line movements, taking notes. This observation turned out to be significant as I discovered a small pattern. During that time, the daily and nightly trends were always opposite. If the market was bullish during the day, it would start to drop in the evening, continuing to decline throughout the night, and then resume the bullish trend in the morning. Conversely, if the market dropped during the day, it would rebound at night. When I discovered this pattern, I was overjoyed, thinking I had found the 'Holy Grail.' I tested it for 4 days with 1000 and 10x leverage, and I made money continuously for 4 days—profitable both in long and short positions. In just 4 days, I managed to recover almost 20,000. Suddenly, I felt like the winds and rain had ceased, and I was back on track, while secretly mocking the fools in the group who didn't understand how to summarize and conclude, I increased my position size.

To ensure I could get up at the right time, I bought a Casio GBD-H1000 watch with multiple time zone alarms. I wore it every day, set eight alarms, and whenever one went off, I would get up, sell my old positions, and then reverse my position. I did this smoothly for almost 10 days. That period was the happiest time of my life. I almost stopped looking at the candlestick charts because I was convinced that my own actions would follow a certain pattern. I spent my days watching anime, learning about fortune and tea, and even started wearing a sandalwood bracelet. I felt like I was in complete control and had everything under my command.

And so, day after day, I started fantasizing about buying back my Mercedes S65 and shouting that I could definitely get back what I had lost. I was looking at cars every few days, feeling that my Honda Elysion was no longer worthy of my "prestigious" status; I'd even discovered such a ridiculous flaw in it...

As is often the case, things can change unexpectedly. One night, the market dropped, and as usual, I bought more shares and didn't check on it again. When I woke up at noon, I found that my long positions had lost more than half their value, and the market was a sea of ​​red. That was the first time this "pattern" had failed. Although I had a bad feeling, I figured it was reasonable for it to not work out once in a while, so I immediately multiplied my position (don't laugh, I didn't know what pyramid averaging was back then). After adding to my entire position, my margin had reached over 50,000. In the afternoon, I went to walk the dog and wandered around, thinking it wasn't a big deal, since the market would probably rally that night anyway.

After dinner, I took a walk in the neighborhood and realized something was wrong. Bitcoin was still falling. It was already past 7 p.m., and I started to panic. But I also had a glimmer of hope that the Americans hadn't gotten up yet and would definitely come to buy at the bottom when they did. I figured if it didn't work out, I could just break even or lose a little and leave. I kept thinking like that until 8:30 p.m.

It was almost 9 o'clock, and there was still no sign of a rise. The market was slowly and steadily declining, and the money in my account was decreasing every second. It felt like being slowly tortured with a dull knife. But at that point, there was no turning back. I had already lost more than 40,000 yuan in margin. I started to struggle again: should I add to my position or accept my fate? I had recovered nearly 50,000 yuan in the past ten days, so adding to my position wasn't out of the question. Around midnight, after much deliberation, I added to my position again, bringing my margin to 100,000 yuan. After adding to my position, the market continued to fall in the middle of the night. My wife and children were asleep, and I didn't dare make a sound. It was past 3 a.m., and I was so frustrated that I went downstairs and wandered around the neighborhood. I smoked two packs of cigarettes and drank six bottles of iced cola over several hours, just staring at the changes in my account balance.

I wandered around downstairs until 6 AM, bought breakfast to take home, and stayed up for a day and a night, waiting for a rebound. Finally, the next morning, I saw a slight rebound, and around 9 AM, it started to rise rapidly. I thought the pattern had returned, and I was happy. But less than 20 minutes later, it turned around and fell again. This drop completely shattered my mentality. The highest point was over 70,000, but after the drop, I was left with just over 50,000. I calculated it out and decided to just consider it bad luck since I hadn't traded for the past ten days. I cut my losses and went to sleep. I didn't wake up until after 10 PM. When I checked again, I couldn't believe it—the whole market had skyrocketed... "All coins are soaring!" The whole group was filled with a joyful atmosphere, except for me, who had no positions and had to cut my losses...

I slapped myself several times; slapping my thighs didn't solve the problem anymore. I kept slapping myself because I was really angry, anxious, and unwilling to accept it.

From that point on, I stopped believing that there were any patterns in trading. If there were, those patterns were most likely just "bait," giving you a small taste, but once you got used to it, getting beaten up was inevitable.

After all this turmoil, my account is left with just over 170,000. I don't want to trade spot anymore, and I don't want to open futures accounts either. But I feel unwilling to leave the crypto world. I contacted the friends who issued tokens before, but they didn't reply. I don't know what to do next.

I was just browsing around online every day. I don't really remember the exact time, but this happened around this time, in the spring and summer of 2021.

Everyone was hyping up HT Moon, so I joined a group to learn more. They said HT Moon was HT's "own child," and that the project team had a complicated relationship with Li Lin—basically, a direct descendant. Sound familiar? It's like the Binance CEO and Binance's Xiao He (a prominent figure in the industry) following the same path back in 2021. The HT Moon groups were numbered like HT Moon Family Group 1, 2, 3, 4, etc. When I joined, everyone was incredibly enthusiastic, and some had already made a fortune. I started to get envious… So I frequently tried to "build consensus" in the group, asking if the coin could rise further. The response was always, "Brother, get on board now, or you'll still be on Earth when we're on 'To Be Moon'…"

Who could resist such incitement? The only saving grace is that I've been bombarded with these ideas too many times and don't really believe in them anymore. Besides, he had to buy them on the HT blockchain before they were even listed on an exchange. Later, the group admin kept messaging me privately, guiding me on how to buy, and then told me to just hold on, and when it was listed, I should sell half and keep the rest for my child so he could live a comfortable life.

This story was so touching, and the group admin was incredibly sincere. I originally wanted to buy 2000, but after what he said, I bought 5000.

After buying it, I started doing what they did: posting things like "ht moon is good" and "to be moon" every day...

About ten days later, one evening around 8 PM, someone announced that the "boss" would be doing a live stream and asked everyone to listen. I excitedly went to listen, but wow, the "boss" was a woman with a thick Fujian accent, and the second-in-command was a guy from Northeast China with a strong Northeastern accent. He started by saying "jiayin men," and I couldn't hold back anymore. He said everyone should increase their token holdings, and that in a while, they would organize an offline event based on the number of tokens held, like a yacht trip to Hainan. I privately asked the group admin, "Shouldn't the project team be made up of foreigners or graduates from top universities like 985 or 211? This sounds like a Putian scam." The group admin said, "In blockchain, it doesn't matter where you come from. As long as the project is good, even a dog tied up there will be good. As long as it goes up, that's all that matters. You don't understand."

I thought maybe I was just ignorant, so I didn't ask any more questions. But I started to feel a little uneasy because it was becoming more and more like a Ponzi scheme or pyramid scheme.

Then one day, everyone in the group was talking about how HT Moon was about to be listed on Huobi, and everyone was hurrying to complete the final round of staking. The group admins were even tallying the number of stakings staking that night, saying that the community would give everyone another "reward" after the listing on Huobi based on everyone's performance that day. Because I had such a bad impression of the live stream that night, I had no desire to staking, and just watched everyone in the group reporting their staking amounts.

Unexpectedly, everything changed overnight. When I woke up at noon, the group was gone. I saw a bunch of messages; a few familiar group members had created a rights protection group. I joined, only to find that the Pixiu (a mythical creature believed to bring wealth) had been scammed. The leader and second-in-command were unreachable, and the group owner was nowhere to be found. It was the first time I'd ever heard of Pixiu. I checked, and the tokens were still there, but they were no longer usable. Everyone was cursing and hurling insults, posting everywhere to seek redress. Watching them work like "hardworking little ants," I surprisingly remained calm. Yes, I'd been scammed so many times, lost so many times, what was there to be upset about? It was only 5000 yuan; I'd consider it money spent on funeral wreaths for their entire family...

After this incident, while I wouldn't say I'm completely disillusioned with the crypto community, I'm certainly disheartened. After all, doing legitimate tech outsourcing wouldn't lead to these kinds of misfortunes. Just collect the money, do the work, and that's it. I then left the cryptocurrencies untouched and started seriously focusing on tech outsourcing again.

It was around the end of August 2021. I completely missed the peak of the 2021 bull market. When everyone was shouting that the bull market was coming back, I took a look and found that some coins that I had bought before but didn't hold onto had risen to prices that made me speechless. But what could I do? I didn't buy any. It would be a lie to say I didn't regret it. I was kicking myself.

Later I stopped using Zhihu because I thought it was full of scammers, so I started using Weibo, and that's how I came across Banmuxia...

I'll update the rest tomorrow. I really need to go fix some code; it's already past 9 pm... I haven't even started writing the listener I promised to do last night... This picture is from 2021; it brings back fond memories...