I advised people not to participate in TRB for two days in the square, but I had already been trapped in it. I wanted to hold on, but in the end I couldn’t hold on and was forced to close my position at 489.

Why did I open a position at 175? Because on the 20th, the position at 130 was spiked to 180 and exploded. I was unhappy and wanted to recover the previous explosion, so I opened a short position again at the 175 point where it exploded. I knew that it was all a bubble and it would definitely burst.

It did blow up, and I was right, but my position was gone, and it was a bloody lesson. It was hard for me to recover.

From 2019 to 2021 and then to 2023, in every bull market, there were all kinds of unrealistic projects being hyped up. I made the right judgment, but I lost everything every time.

In the 2019 bull market, I shorted the big prince, because I had just entered the market and was a calf, and the leverage was 15 or 20 times. Even if the mainstream currency did not fluctuate much, I could not bear the high leverage. This was the first lesson.

In 2021, I shorted Doggo and Luna. I shorted Luna from around 20 yuan. Even without any leverage, I couldn’t afford its subsequent multiple increase. The increase from 6 yuan to 20 yuan was a big bubble for me, or I was too ignorant. This is the second lesson.

At the beginning of 2023, it collapsed on apt, and the situation was the same as above.

This time, on the first day of 24 years, it fell on TRB.

Over the years, my losses have not exceeded 20. These losses are not fatal to me, but I am a wage earner, which is still a large number for me, and I have even been in debt because of it.

I have read the speeches of Buffett and Munger, "It is very, very difficult and painful to make money by short selling." I have also watched the video of Fu Haitang, "Short sellers can never beat bulls." I remember all their words, why do I still want to short sell? Why? This is not being stubborn, this is stupid.

Even if I were the banker, I would also be long, keep doubling and pulling, and blow up these idiots. Even without leverage, the shorts can't hold on.

Sometimes I feel angry, angry that my parents are ignorant and cannot guide me, otherwise I would not have taken these detours and made these mistakes. But anger does not help.

I think it will be hard for me to leave the K-line market in my life, but I will never go short in the future. My first trading principle is: never go short. Even if going short is as easy as bending over to pick up money, I will not go short. I would rather pick up ten buckets of shit every day than go short again.

My first big profit was made when Luna went to zero, in the plus or minus 0 fluctuation. I invested two or three 500s, all went to zero, and the last 500 minus two zeros, and I made 100 times the profit by going long. I could have made 400 times the profit at most, but I didn't hold on, but 100 times is a lot. Going long can really make big money, and you don't have to worry about it. Going short is too tiring, and I can't sleep or eat well. I watched the market and went to bed after 3 o'clock last night, and I kept adding margin. Unexpectedly, I still exploded when I woke up in the morning.

Smart traders can learn from the blood and tears of others, but I, a stupid trader, will only learn lessons when I get hurt myself.