Everyone, you’ve got to make it big in crypto!!!
#Put knowledge into practice: survive the market first, then think about making money…
I’ve heard these words for three years, but they’re really hard to live by. I’m only eighteen this year, yet somehow I’ve already been in crypto for three years. At the very beginning, I somehow built up 50,000 RMB through profile pictures and started trading futures. I was young and reckless—or really, I just didn’t understand the rules of the market at all. I went all in on a 125x leveraged BTC long. Although these days I prefer trading ETH, back then the maximum leverage was only 125x. After I opened the position, $
I was suddenly down 30%—over 10,000 RMB was gone just like that. I panicked and actually started kneeling on the floor, praying to the gods and buddhas. I don’t know whether I got lucky or whether the prayers worked, but the price came back and moved in the direction I’d bet on. In less than a week, my account had grown to one million RMB. Back then I used OXE. I remember it was the top exchange at the time. I never imagined that Binance would become the number-one exchange in the blink of an eye, or that its ecosystem would grow so well. Having that million sitting in my account felt amazing. I don’t know if you can understand that feeling. I was only fifteen then—fifteen years old, with a million RMB in my hands. But I didn’t tell my family. Instead, I withdrew 300,000 and started having fun with it. But at fifteen, what did I know about having fun? I was still living in a small county town. I remember going go-karting with my best friend. I think it was go-karting—I don’t even remember what it was called. I spent over 10,000 RMB just topping up my card. You can probably guess how it ended: my trading was all down to luck. Before long, my account was wiped out. I put the money I’d withdrawn back in too, and in the end I had nothing left.
Today marks my third year of trading. Time really flies—three years have passed in the blink of an eye. I’m about to take the college entrance exam, too. Trading hasn’t been going well lately. Actually, it’s not that the market’s been bad; my own trading has been the problem. I’ve been trying to make money too quickly. For the past half month, with no money to trade, I’ve just been scraping by on small freebies and promotions every day. I used to look down on ten yuan, but now I need every few jiao, every one or two yuan, and it all adds up. Today, I’ve finally come around, and I think I’ve managed to put it into practice for now. From now on, I’ll make sure my actions match what I know and respect the market. You have to understand that the market is always right. What’s wrong is your own character, integrity, or emotions. Today, I’m treating myself to a pack of good cigarettes!
Everyone, you’ve got to make it big in crypto!!!
#Put knowledge into practice: survive the market first, then think about making money…
I’ve heard these words for three years, but they’re really hard to live by. I’m only eighteen this year, yet somehow I’ve already been in crypto for three years. At the very beginning, I somehow built up 50,000 RMB through profile pictures and started trading futures. I was young and reckless—or really, I just didn’t understand the rules of the market at all. I went all in on a 125x leveraged BTC long. Although these days I prefer trading ETH, back then the maximum leverage was only 125x. After I opened the position, $
I was suddenly down 30%—over 10,000 RMB was gone just like that. I panicked and actually started kneeling on the floor, praying to the gods and buddhas. I don’t know whether I got lucky or whether the prayers worked, but the price came back and moved in the direction I’d bet on. In less than a week, my account had grown to one million RMB. Back then I used OXE. I remember it was the top exchange at the time. I never imagined that Binance would become the number-one exchange in the blink of an eye, or that its ecosystem would grow so well. Having that million sitting in my account felt amazing. I don’t know if you can understand that feeling. I was only fifteen then—fifteen years old, with a million RMB in my hands. But I didn’t tell my family. Instead, I withdrew 300,000 and started having fun with it. But at fifteen, what did I know about having fun? I was still living in a small county town. I remember going go-karting with my best friend. I think it was go-karting—I don’t even remember what it was called. I spent over 10,000 RMB just topping up my card. You can probably guess how it ended: my trading was all down to luck. Before long, my account was wiped out. I put the money I’d withdrawn back in too, and in the end I had nothing left.
Today marks my third year of trading. Time really flies—three years have passed in the blink of an eye. I’m about to take the college entrance exam, too. Trading hasn’t been going well lately. Actually, it’s not that the market’s been bad; my own trading has been the problem. I’ve been trying to make money too quickly. For the past half month, with no money to trade, I’ve just been scraping by on small freebies and promotions every day. I used to look down on ten yuan, but now I need every few jiao, every one or two yuan, and it all adds up. Today, I’ve finally come around, and I think I’ve managed to put it into practice for now. From now on, I’ll make sure my actions match what I know and respect the market. You have to understand that the market is always right. What’s wrong is your own character, integrity, or emotions. Today, I’m treating myself to a pack of good cigarettes!
Everyone, you’ve got to make it big in crypto!!!