That winter, I almost jumped from the thirty-second floor
The winter of 2024 was unusually cold—not because of the weather, but because of my futures account.
My name is Acheng. I’m from Shenzhen, born in the ’90s, and I’d been trading crypto for three years. I made a little money trading spot during the first two years, and then I got carried away. My friend Zhang told me that futures were the real way to change your life. I refused to believe it, opened a USDT-margined account, and started with 5,000 U to test the waters. I made money. Then I added another 20,000. I made money again. I thought I was a genius.
In November 2024, when BTC surged from 69,000 to 98,000, I completely lost my mind. I put all my savings—420,000 U—into a 100x leveraged long position. I was sure BTC would break 100,000, then 110,000, then 150,000. I’d even started wondering whether I should buy a Porsche or a luxury apartment first once I made five million.
And then? On December 4, a massive red candle came crashing down from the sky. BTC plunged from 99,000 straight to 94,000. My liquidation price was 94,300. When the system sent me the liquidation notice, I was eating instant noodles. My chopsticks fell to the floor, and it felt like my soul had been ripped out of me.
420,000. Gone.
I didn’t leave the house for a week. I didn’t eat. I turned off my phone. When my mom called, I hid under the covers and cried. The lights outside the thirty-second-floor window came on one by one. I stared at them and wondered: Which one of them was mine?
Eventually, Zhang dragged me out of my rented apartment. He didn’t try to comfort me. He just said, “You’re still young. You can afford to take a loss.”
It took me three months to get back on my feet. This time, I stayed away from futures and focused on researching projects. In March 2025, I noticed that RLC had fallen to 0.37, but on-chain data showed the number of holding addresses was growing rapidly, and demand for iExec’s computing power was rising. I took the 8,000 U I had left and went all in.
It kept falling for another two weeks after I bought in, reaching 0.35. I panicked, but I didn’t sell.
Then RLC started taking off. It went from 0.35 to 0.50, then 0.60, then 0.70. I didn’t get greedy. I sold everything at 0.79. My 8,000 U had turned into nearly 180,000 U.
I didn’t buy a Porsche or a luxury apartment. I used the money to open a little coffee shop, right below the building I’d once considered jumping from.
Now, every morning, I make myself a pour-over coffee and open the charts to check how BTC and ETH are doing. Sometimes I still get the urge to trade, but I remind myself: the market will always be there, but you only get one life.
If you’ve ever lost so much that you wanted to give up, remember: the darkest hour is often just before dawn.
#合约爆仓 #抄底暴富 #CryptoStories
The winter of 2024 was unusually cold—not because of the weather, but because of my futures account.
My name is Acheng. I’m from Shenzhen, born in the ’90s, and I’d been trading crypto for three years. I made a little money trading spot during the first two years, and then I got carried away. My friend Zhang told me that futures were the real way to change your life. I refused to believe it, opened a USDT-margined account, and started with 5,000 U to test the waters. I made money. Then I added another 20,000. I made money again. I thought I was a genius.
In November 2024, when BTC surged from 69,000 to 98,000, I completely lost my mind. I put all my savings—420,000 U—into a 100x leveraged long position. I was sure BTC would break 100,000, then 110,000, then 150,000. I’d even started wondering whether I should buy a Porsche or a luxury apartment first once I made five million.
And then? On December 4, a massive red candle came crashing down from the sky. BTC plunged from 99,000 straight to 94,000. My liquidation price was 94,300. When the system sent me the liquidation notice, I was eating instant noodles. My chopsticks fell to the floor, and it felt like my soul had been ripped out of me.
420,000. Gone.
I didn’t leave the house for a week. I didn’t eat. I turned off my phone. When my mom called, I hid under the covers and cried. The lights outside the thirty-second-floor window came on one by one. I stared at them and wondered: Which one of them was mine?
Eventually, Zhang dragged me out of my rented apartment. He didn’t try to comfort me. He just said, “You’re still young. You can afford to take a loss.”
It took me three months to get back on my feet. This time, I stayed away from futures and focused on researching projects. In March 2025, I noticed that RLC had fallen to 0.37, but on-chain data showed the number of holding addresses was growing rapidly, and demand for iExec’s computing power was rising. I took the 8,000 U I had left and went all in.
It kept falling for another two weeks after I bought in, reaching 0.35. I panicked, but I didn’t sell.
Then RLC started taking off. It went from 0.35 to 0.50, then 0.60, then 0.70. I didn’t get greedy. I sold everything at 0.79. My 8,000 U had turned into nearly 180,000 U.
I didn’t buy a Porsche or a luxury apartment. I used the money to open a little coffee shop, right below the building I’d once considered jumping from.
Now, every morning, I make myself a pour-over coffee and open the charts to check how BTC and ETH are doing. Sometimes I still get the urge to trade, but I remind myself: the market will always be there, but you only get one life.
If you’ve ever lost so much that you wanted to give up, remember: the darkest hour is often just before dawn.
#合约爆仓 #抄底暴富 #CryptoStories