From hundreds of thousands of U to three thousand RMB in private money, I have been leveraged 25 times by life.
"Brother, guess what I'm trading with now?"
"Tens of thousands of U?"
"No, it's the three thousand bucks I secretly took out after handing over my salary to my wife."
A few months ago, I was still that big shot in the crypto circle, holding hundreds of thousands of U, trading on 100x leverage, calculating in my dreams that "if it rises 5% tomorrow, I can buy a Porsche."
Now? Open Binance and take a look: long SIRENUSDT perpetual, full position 25x, margin 45 U—yes, you read that right, 45 bucks.
Opening price 0.698, marked price 0.782, return rate +265%!
I quickly calculated:
Profit and loss 119 U ≈ 862 RMB.
Enough to cover this month's Huabei + BaiTiao + property fee.
Still have two bucks left, treat myself to a marinated egg.
Liquidation price 0.3657?
Laughing to death, the probability of this price dropping is lower than my wife discovering my hidden stash.
(If it really drops, it doesn't matter, anyway, it's just three thousand bucks, at most I'll smoke two fewer packs next month.)
Before: "I want to navigate the bull and bear markets, and reach the top of Forbes!"
Now: "Please, let SIREN rise another 10%, and I’ll pay off this month’s car loan too."
Before: Looking at K-line is about the country and its people.
Now: Looking at K-line is about daily necessities.
Lastly, I want to say sincerely:
Don’t learn from me.
I was forced by life to leverage 25 times,
If you have hundreds of thousands of U, remember to transfer it to me first—
Oh no, remember to buy a bag for your wife first.
#Current state of the crypto circle #From big shot to welfare #The joy of 265% is only worth a marinated egg
"Brother, guess what I'm trading with now?"
"Tens of thousands of U?"
"No, it's the three thousand bucks I secretly took out after handing over my salary to my wife."
A few months ago, I was still that big shot in the crypto circle, holding hundreds of thousands of U, trading on 100x leverage, calculating in my dreams that "if it rises 5% tomorrow, I can buy a Porsche."
Now? Open Binance and take a look: long SIRENUSDT perpetual, full position 25x, margin 45 U—yes, you read that right, 45 bucks.
Opening price 0.698, marked price 0.782, return rate +265%!
I quickly calculated:
Profit and loss 119 U ≈ 862 RMB.
Enough to cover this month's Huabei + BaiTiao + property fee.
Still have two bucks left, treat myself to a marinated egg.
Liquidation price 0.3657?
Laughing to death, the probability of this price dropping is lower than my wife discovering my hidden stash.
(If it really drops, it doesn't matter, anyway, it's just three thousand bucks, at most I'll smoke two fewer packs next month.)
Before: "I want to navigate the bull and bear markets, and reach the top of Forbes!"
Now: "Please, let SIREN rise another 10%, and I’ll pay off this month’s car loan too."
Before: Looking at K-line is about the country and its people.
Now: Looking at K-line is about daily necessities.
Lastly, I want to say sincerely:
Don’t learn from me.
I was forced by life to leverage 25 times,
If you have hundreds of thousands of U, remember to transfer it to me first—
Oh no, remember to buy a bag for your wife first.
#Current state of the crypto circle #From big shot to welfare #The joy of 265% is only worth a marinated egg
