At three in the morning, I stared at DODO’s candlestick chart on the screen, my fingers trembling.
Three months ago, I casually spent 2,000 yuan on DODO in Binance’s spot market. The price was 0.00831. My friends all said I was crazy, that small coins like this were bound to go to zero sooner or later. I just smiled and said nothing, though honestly, I wasn’t sure either. After buying, I left it in my wallet and got on with life—going to work, going to sleep.
Then last week, the entire DeFi sector suddenly started moving. DODO climbed steadily from 0.012, and I checked my phone every half hour. 0.015, 0.018, 0.021. My 2,000 yuan turned into 6,000, then 20,000. I started regretting not buying more.
On Tuesday night, I gritted my teeth and transferred in the entire 5,000 yuan I’d set aside for rent, buying at an average price of 0.02178. My wife called to ask why I still hadn’t sent the rent. I told her, “Soon, soon.” By the time I hung up, my palms were drenched in sweat.
Over the next two days, DODO took off like a rocket. 0.023, 0.025, peaking at 0.02581. My account showed unrealized gains of more than 30 percent. I posted a screenshot on social media with the caption “DeFi never sleeps.” The likes poured in, and several friends messaged to ask if it was still a good time to buy.
But deep down, I knew this kind of rally couldn’t last.
Early this morning, DODO suddenly plunged from 0.02581, dropping 15 percent in five minutes. My finger hovered over the sell button, my heart pounding like it was about to jump out of my chest. Two voices fought in my head: one said, “Get out, now!” The other said, “Wait a little longer. It might bounce back.”
I closed my eyes and remembered that night last year when I traded a shitcoin that went to zero. I got greedy then, and ended up so broke I couldn’t even afford food.
This time, I didn’t hesitate.
0.02561. I sold everything.
My account balance settled at 8,347 yuan. Subtracting my 7,000 yuan principal, that left me with a net profit of 1,347. Not much, but enough to pay the rent.
I turned off my phone and lay in bed, staring at the ceiling as I let out a long breath. The hardest part of crypto has never been finding a coin that doubles in value. It’s finding, somewhere between greed and fear, the balance that lets you sleep soundly at night.
My wife messaged me: “Did you send the rent?”
I replied with two words: “Sent it.”
Then I rolled over and slept like a baby.
#DODO #DeFi #Cryptocurrency
Three months ago, I casually spent 2,000 yuan on DODO in Binance’s spot market. The price was 0.00831. My friends all said I was crazy, that small coins like this were bound to go to zero sooner or later. I just smiled and said nothing, though honestly, I wasn’t sure either. After buying, I left it in my wallet and got on with life—going to work, going to sleep.
Then last week, the entire DeFi sector suddenly started moving. DODO climbed steadily from 0.012, and I checked my phone every half hour. 0.015, 0.018, 0.021. My 2,000 yuan turned into 6,000, then 20,000. I started regretting not buying more.
On Tuesday night, I gritted my teeth and transferred in the entire 5,000 yuan I’d set aside for rent, buying at an average price of 0.02178. My wife called to ask why I still hadn’t sent the rent. I told her, “Soon, soon.” By the time I hung up, my palms were drenched in sweat.
Over the next two days, DODO took off like a rocket. 0.023, 0.025, peaking at 0.02581. My account showed unrealized gains of more than 30 percent. I posted a screenshot on social media with the caption “DeFi never sleeps.” The likes poured in, and several friends messaged to ask if it was still a good time to buy.
But deep down, I knew this kind of rally couldn’t last.
Early this morning, DODO suddenly plunged from 0.02581, dropping 15 percent in five minutes. My finger hovered over the sell button, my heart pounding like it was about to jump out of my chest. Two voices fought in my head: one said, “Get out, now!” The other said, “Wait a little longer. It might bounce back.”
I closed my eyes and remembered that night last year when I traded a shitcoin that went to zero. I got greedy then, and ended up so broke I couldn’t even afford food.
This time, I didn’t hesitate.
0.02561. I sold everything.
My account balance settled at 8,347 yuan. Subtracting my 7,000 yuan principal, that left me with a net profit of 1,347. Not much, but enough to pay the rent.
I turned off my phone and lay in bed, staring at the ceiling as I let out a long breath. The hardest part of crypto has never been finding a coin that doubles in value. It’s finding, somewhere between greed and fear, the balance that lets you sleep soundly at night.
My wife messaged me: “Did you send the rent?”
I replied with two words: “Sent it.”
Then I rolled over and slept like a baby.
#DODO #DeFi #Cryptocurrency