《Reviewing the BROCCOLI714 incident, lost $13,000 at dawn》
Around 4 a.m., I had just returned home after celebrating New Year's with friends at a bar. I saw screenshots in the WeChat group showing the surge of BROCCOLI714. The contract price had just broken 0.09, and the price was fluctuating wildly, with the funding rate reaching the maximum negative 2% per hour. At that moment, I still had over 20,000 u in my account, so I thought I would place an order at 0.04 to see if I could catch it and benefit from the funding rate. Just a few minutes after placing the order, the price plummeted directly to 0.017. I added to my position twice, bringing the average price to around 0.022. At that point, I thought about checking Twitter for the reason behind such a rise and fall, and it was said that a market maker's account had been hacked. I initially planned to wait for a rebound to exit since the market cap was already small, and ultimately I closed my position and took a loss before the funding rate turned positive.
If Vida's operation was a stroke of genius, my operation was a pile of dog poop. I thought I could catch a rebound during the crash, aiming to benefit from the rate, but my principal got eaten away. I impulsively traded without understanding the cause and effect of the situation and made the same mistake when AIA changed contract addresses. At that time, AIA had already been mapped, and I specifically went to Binance wallet to buy 500 and 1000 u for half an hour in a situation of poor liquidity, spending a total of 60,000 to 70,000 u. It was only after I finished buying that I realized it had already been mapped, and what I bought was essentially worthless tokens. In the end, I spent another hour selling off little by little at 300 and 500 u, resulting in a loss of 7,000 u. I was really crying from my own stupidity.
This incident completely broke my previous layout, and I chose a more aggressive operation. Whether this is a blessing or a curse can only be seen as I move forward. I am not entirely pessimistic; compared to past difficult times, the setbacks I face now are nothing. What I need to do is remember the lesson and trade more cautiously and wisely. I believe there will be a good altcoin market in the first quarter of 2026.
Around 4 a.m., I had just returned home after celebrating New Year's with friends at a bar. I saw screenshots in the WeChat group showing the surge of BROCCOLI714. The contract price had just broken 0.09, and the price was fluctuating wildly, with the funding rate reaching the maximum negative 2% per hour. At that moment, I still had over 20,000 u in my account, so I thought I would place an order at 0.04 to see if I could catch it and benefit from the funding rate. Just a few minutes after placing the order, the price plummeted directly to 0.017. I added to my position twice, bringing the average price to around 0.022. At that point, I thought about checking Twitter for the reason behind such a rise and fall, and it was said that a market maker's account had been hacked. I initially planned to wait for a rebound to exit since the market cap was already small, and ultimately I closed my position and took a loss before the funding rate turned positive.
If Vida's operation was a stroke of genius, my operation was a pile of dog poop. I thought I could catch a rebound during the crash, aiming to benefit from the rate, but my principal got eaten away. I impulsively traded without understanding the cause and effect of the situation and made the same mistake when AIA changed contract addresses. At that time, AIA had already been mapped, and I specifically went to Binance wallet to buy 500 and 1000 u for half an hour in a situation of poor liquidity, spending a total of 60,000 to 70,000 u. It was only after I finished buying that I realized it had already been mapped, and what I bought was essentially worthless tokens. In the end, I spent another hour selling off little by little at 300 and 500 u, resulting in a loss of 7,000 u. I was really crying from my own stupidity.
This incident completely broke my previous layout, and I chose a more aggressive operation. Whether this is a blessing or a curse can only be seen as I move forward. I am not entirely pessimistic; compared to past difficult times, the setbacks I face now are nothing. What I need to do is remember the lesson and trade more cautiously and wisely. I believe there will be a good altcoin market in the first quarter of 2026.
