Today, I suddenly started wondering whether this market just isn’t for me. I’ve been trading for years and I’m still losing money. I keep putting money in, but I’ve never withdrawn any. In real life, I’m what you’d call a programmer earning a million yuan a year—not poor, but not rich either. I keep feeling like something’s wrong with the way I trade. I take profits as soon as I make a little, but I can sit through any amount of losses. Is it because I can’t overcome human nature? I was going long all through August. When that latest rally came, I took a small profit and got out (I’d been stuck in a long position from 2,100 for two months before that). I guess that’s what you call a retail investor getting fleeced, right? My account balance was close to 600,000 yuan then. I reversed and opened a short, and, well, here we are. At the time, I thought I’d quit once my account hit 700,000 yuan and buy a Yangwang U7 for fun. But then… The last rally dragged my account down to a low of under 200,000. I shorted ZEC, that absolutely insane coin. It’s not like I’d get liquidated—I can always add more funds, and my position wasn’t that big to begin with. I didn’t even look at the charts once during the seven-day National Day holiday. Today I’m wondering: I’ve still got 400,000 left. Should I just close everything with one click? Maybe this market just isn’t for me.
$ZEC I haven't left yet. I saw a few others who are also trapped saying that once it reaches 1000 they’ll reduce their positions and run. I won’t. I’m here to make money. If I run as soon as I break even, what does that make me? It doesn’t fit my style 😁
On the $ZEC Plaza, I saw 1800, saw 2000, saw 3000, saw 10000. What they mean by “see,” is it to keep watching the price go up? Are you not willing to take action to make money, or is there no money in your pocket? Does “seeing” just mean watching it continuously?
Don’t worry—I’ll get liquidated? At worst I’ll be stuck for a few years. I still have unlimited bullets I can add. When the price stops rising, then I’ll add short positions. Thanks for worrying that I’ll get liquidated. Go eat your own four dishes first, then come back to give pointers. Is it that, in this market, all you need is empty talk to make money?
$BTC Just scrolled a post from last year—damn, it’s really fun. I wonder whether these commenters were even full-on all-in making leveraged longs back then. And I also don’t know if they’re still alive now. Crypto is the only place where someone with a net worth of a few dozen dollars can give pointers to people with a net worth of several hundred thousand dollars. So comment and exchange ideas if you want, but be kind. When someone places an order, no matter whether it’s long or short, they must have their own reasons. It’s not that other people are dumber than you—if you’re so smart and you make money, then isn’t it just a few extra dollars? That’s enough—I’ll let you look at the screenshots.
$BTC Feels like the square is collectively going into a frenzy—what big talk, 180,000, even the second big one 10,000, they’re all shouting it out. Do you remember what things were like three months ago? Is the way they’re shouting now the same group that shouted “reset to zero” three months ago? Has the interval between bull and bear now become just 1? Come on, let’s get a few experts to analyze it. Once it goes up, all the big capital and “10U war gods” jump out too—some draw lines, some do analysis. Shouldn’t they have achieved financial freedom already? Why are they still relying on leading trades for these scraps of a few taels of silver?
$ZEC are you ready for a long battle? WeChat still has a bit of money prepared to switch U. On Monday, when A-shares open, I’ll sell some stocks and withdraw a few dozen W to cover it. Can this money last until I transfer through Yinzheng on Tuesday?
$ZEC In just 200,000 ZEC, how much can this doggy pool actually take? Don’t tell me they don’t even have this level of strength?
It’s also possible this is the doggy pool’s move: they should be using covert tactics—using big short positions that lose money to lure others into getting liquidated long enough to push the price up. The final goal is to get rid of the spot holdings they have. The spot is about done, and the price has also reached the level of their short positions—so they profit on both ends.
$ZEC This dog bankroll is the best I’ve ever seen. As long as you go long, you can make money no matter where you board. It doesn’t spike (needle/needle-insertion), and it doesn’t hoard. This kind of dog bankroll isn’t around much anymore. You should cherish it. Go find a few other bankrolls that don’t spike or kill longs, and take a look. If this dog bankroll is so good, won’t jumping off now be slapping his face? Go in more—he plays Top Mei; you can also play Xiao Mei.
$ZEC Ladies and gentlemen, don’t short. This dog-like syndicate is staging a fake fall. It’s definitely just to lure people. I don’t believe it will drop like this. Wait—when the next 15-minute line comes, it’ll be pulled back up. Remember, remember.
$ZEC 😂 LOL, I scrolled through ZEC-related posts. Under the trapped posts, there were a bunch of “experts” saying why you could short at 600+ and 700+. Now it’s up to 1380. If back then you shorted and it dropped to 100, would they be saying, “Bro, you’re so badass” again?😂 Don’t forget, a month ago it was only 250—now someone’s saying it’s hard to get below 1000. In the last round, when it was pulled up to 700, there were also the same kinds of comments. LOL😂 And in the end, it was dumped within two days, wasn’t it? In the comments, the “sabcy” guys—if you’re bullish, sell your place and go all-in (if the landlord agrees).
$ZEC is anyone else in roughly the same position as me, brothers, to come cheer me on and wait for a node to see it perform high-altitude diving
Don’t look bullish and happy now—what’s this vote, what’s this grayscale, does buying grayscale mean it will go up infinitely? Don’t try to mess with me or I’ll get liquidated—outside I’ve still got unlimited “bullets” I can add in. I’ll see whether his pump is higher or my ammo is more. No matter how high he pulls it, there’ll be a day when they dump.
On the plaza there are also idiots who see $10k–$30k and think—people like this, I’d say, their pocket definitely won’t have more than 100U. Instead of shouting “sabisisic” all the time, why not go in with a 75x all-in? What are you waiting for? What else can you do besides talk big? I checked—most of them are guidance accounts with less than 100U, but they’re promoting accounts with tens of thousands of U.
Current strategy: play dead—don’t add, don’t reduce. If margin isn’t enough, use C2C.
$龙虾 This dog farm still hasn’t had enough fun; all the others have collapsed one by one, but it’s still bouncing around. Is it because it hasn’t done the same thing as LAB—getting funding fees—so it’s unwilling to give up? Everyone, analyze how much longer it can keep bouncing. The previous short at 0.5 ended up getting untrapped when it ran, and it looks like that was the right call. But now it’s got trapped again—how long will we have to wait?
Lobster, damn it—my last trade broke even, and I’m back in again. Can we get it up to 4 dollars so I can cash out and blow it out? Anyone who’s waiting to go long, post it—I envy you.
$ZEC This dog-whale market maker really gives you absolutely no way out. In the post I shared earlier, there were all kinds of takes—so where should I even go from here?
Take 1: Why go in at such a low altitude? Me: It’s already risen to this level. If it hadn’t broken up and instead dropped—wouldn’t that be hindsight?
Take 2: Why didn’t you cut loss? Me: I never place stops on my trades. Either I take profit or get liquidated. My position size is small, so if something extreme happens and I get liquidated, that’s on me.
Take 3: This round will go to 2000/3000/5000. Me: So sure about it, but still not going in? How many units of position are you not even brave enough to open? When it was at ZEC300, if you were so confident, you should have sold your house and your car and gone in (assuming your landlord agrees). If you’re that accurate and you understand the trend so well...
Take 4: Bro, hang in there—the final dance is coming. Me: This probably is mutual encouragement between people whose shorts got trapped.
In summary, trading is like this: no matter how long or short you are, when you enter, you’re basically either in floating profit or floating loss. There’s no real foreknowledge—everything is hindsight. When you finally make it out, then go instruct others why they didn’t open longs or shorts. If you have different opinions, discuss them, but don’t mock anyone. Aren’t they smarter than you? Even if they’re wrong, at least they’re paying for it with their own understanding.
Anyway, for now I don’t plan to cut. My position is small, so I’ll just wait. After adding another 100k U, I don’t know where the liquidation price will land. Right now I’ve locked 10% at 1100. For those saying “it will definitely blow up”—the vibe is too strong; it’s because they only have those few U. I’m different—I have continuous ammunition to use. That’s the difference from being “just another leek.” I always believe: when it pumps too much, it will fall; when it dumps too much, it will rise. It’s the timeless law. No matter how high that market maker “dog” runs it, in the end they still have to cash out and make money. With BTC consensus so high—hasn’t it still dropped from 110k to 60k? If it’s that rare, shouldn’t it have already surged to the stars and the sea long ago? Besides, it’s a dirty little privacy coin that doesn’t even deserve the light of day.