归舟-00后大学生负债641万

Debt of 6.41 million taught me: in Web3, survival is the only 'alpha'

What is it like to carry a debt of 6.41 million?
It's when others in the group are celebrating the doubling of 'local dogs', I'm calculating whether I can still pay the interest this month if this money goes to zero.
Many people come to Binance Square looking for hundred-fold coins, while I am here to survive.

'Engineering realism' tells me: probability is a friend of long-termists, but a death sentence for gamblers.
My few survival rules:
1. Reject FOMO: others' profit screenshots are survivor bias. I can't see their accounts going to zero, so I have no right to envy.
2. Capital is life: for debtors, a 50% loss requires a doubling to break even, but my time and mental cost is ten times that of others.
3. Embrace certainty: I look down on 'only fast is unbreakable', I only believe in 'logical closure'.
In this meat grinder, being slow is fine.
As long as I'm still in the game, I haven't lost yet.
With this post, I remind myself and send it to all the brothers struggling on the road to breaking even.
#交易心得 #负债上岸 #长期主义选手上线

The survival logic of a debt of 6.41 million: In a decentralized world, who will 'guarantee' my assets?

Every day I wake up, the debt of 6.41 million hangs over me like the sword of Damocles.

In the vast arena of cryptocurrency, some seek to get rich a hundred times over, while I, struggling on the brink of life and death, only seek two words: to live.
Recently, for this creative task, I went through the white paper and on-chain data of @USDD - Decentralized USD - Decentralized USD. Not for anything else, but because I have huge debts that I cannot afford to lose, so I must understand: in this world full of 'black boxes', what is truly safe?
I cannot see the ledgers of traditional centralized stablecoins. But USDD takes a different path – decentralization and over-collateralization.
My engineering mindset tells me that the robustness of a system comes from redundancy. USDD has built a transparent defense mechanism through multi-chain deployment (TRON, Ethereum, BSC, etc.) and over-collateralization of high liquidity assets like TRX. This means that for every USDD issued, there are assets on-chain that exceed its value supporting it.
"Code is Law".
For someone like me, who has already been battered by the 'uncertainties' of the real world, I prefer to believe in the immutable mathematical logic on the chain, rather than in human promises.
Participating in the topic of #USDD以稳见信 this time is not just for a bit of activity rewards (although every penny is important to me right now), but to clarify a logic:
In this turbulent cycle, if I want to keep the chips for a comeback within the market, I need a safe haven that can rigidly redeem even if the market crashes.
What USDD attempts to solve is the 'trust without trust'. This may be the last bastion for us survivors on the chain.

Today's profit and loss: 0
Current liabilities: -6.41 million
Today's review:
Watching the rise and fall, my hands trembled three times while wanting to place an order, but in the end, I held back.
I remind myself that monitoring the market is also a form of practice#美联储降息 $BTC $BNB

A post-00s college student burdened with 6.41 million in debt.
This is not a story; this is my bloody reality.
In 2024-2025, beyond Web3, I experienced the greatest setback of my life.
The traditional B2B supply chain business completely collapsed, upstream suppliers went bankrupt, and millions in goods payments went to waste.
At that time, I was earning nearly a million a year, thinking I was a business genius.
It wasn't until the moment of the collapse that I realized: time and fate.
This 6.41 million, every penny is pressure.
Some people told me why I haven't run away, some told me to wait for them to come to my home or school to find me. But I don't want to give up, I don't want to be a deadbeat, I don't want to be unable to hold my head up for the rest of my life.
I am still young, I still have one life. The traditional industry is dead; should Web3 stand?
I don't know if this is my lifeline, but I have no other choice. With my remaining belongings, I plunged into this world where a day equals a week.
I am a novice, I don't understand K-lines, I don't understand strategies. But I understand human nature, understand cycles, understand perseverance.
On this account, I don't take positions, I don't post spam ads, I don't exploit others.
I only do one thing:
Publicly record my journey of making money. It also provides a real observation sample of the market.
Every profit, every liquidation, every moment of despair and ecstasy in the late night, I record it in real accounts.
If I turn my life around, this will be the most inspiring script in the crypto world.
If I unfortunately fall, I will get back up and continue. As long as the account is still there, as long as I'm still alive, I haven't lost this battle.
#BTC #负债 $BTC $BTC