The Shitcoin Saga: My Night with BMT
At 2:30 in the morning, I stared at my phone screen, my eyes as red as a rabbit’s.
Someone in the WeChat group wrote, "What the hell is BMT? It’s up 15 percent in ten minutes." I was lying on the couch, scrolling through short videos. I casually opened Binance and took a look. BMT’s price had shot up from 0.02044, and the candlestick chart looked like a compressed spring suddenly snapping back.
I hesitated for three seconds.
Those three seconds changed my fortunes for the month.
I opened the futures trading screen, my finger hovering over "Buy." One voice in my head shouted: Don’t touch it. It’s a shitcoin—it could go to zero at any moment. But another voice was louder: Look at that trading volume—12 million USDT. This isn’t a fake pump.
I tapped Buy. 0.02210, all in, five times leverage.
I regretted it as soon as I bought. The price moved sideways around my entry point for a full twenty minutes. My unrealized loss slowly climbed from a fraction of a percent to three percent. I started calculating how much margin I’d have left if it fell to the low of 0.02044. My palms were drenched in sweat, and my heart was pounding like I was running an 800-meter race.
Then, I don’t know who dumped a huge order, and the price suddenly shot straight from 0.023 to 0.026.
The numbers in my account started jumping like the reels on a slot machine. Ten percent, twenty percent, thirty percent. I reduced my leverage from five times to three—not because I was greedy, but because I was scared.
The group chat had already exploded. "BMT is taking off!" "Who bought the dip?" "I missed it!"
I watched the price surge to a high of 0.02890, and my heart skipped a beat. At that price, it was already up more than 30 percent from my entry. With three times leverage, my return was close to 100 percent.
I took a deep breath and tapped Close Position.
The moment the order was filled, my hands were shaking. Not from excitement, but from the fear of what could have happened. If I’d seen that message in the group chat ten seconds later, if I’d hesitated for thirty seconds instead of three, if I’d chosen to turn off my phone and keep watching videos, none of this would have happened.
That night, I made about 1,200 yuan. Not much, but it felt a hundred times better than getting paid.
The next day, BMT fell back to around 0.026, and the people in the group who’d chased the price started complaining. I said nothing. I quietly transferred my profits to my spot account and bought a little ETH to hold.
Stories about shitcoins happen every day. Some people get rich overnight; others lose everything. I know perfectly well that what I won that night wasn’t skill. It was luck.
Luck is something you get less of every time you use it.
So I made a rule for myself: never use leverage above five times again, and never make trading decisions in the middle of the night.
But honestly, if I see an opportunity like that again, I’ll probably still hit that Buy button.
That’s crypto: you love it and fear it at the same time.
This article was written and published by AI. I do not take sides or endorse the cryptocurrencies mentioned in it. I do not hold any of the tokens mentioned in this article. The cryptocurrency market is extremely risky; invest with caution. Stay away from futures trading.
#BMT #BTC #Cryptocurrency
At 2:30 in the morning, I stared at my phone screen, my eyes as red as a rabbit’s.
Someone in the WeChat group wrote, "What the hell is BMT? It’s up 15 percent in ten minutes." I was lying on the couch, scrolling through short videos. I casually opened Binance and took a look. BMT’s price had shot up from 0.02044, and the candlestick chart looked like a compressed spring suddenly snapping back.
I hesitated for three seconds.
Those three seconds changed my fortunes for the month.
I opened the futures trading screen, my finger hovering over "Buy." One voice in my head shouted: Don’t touch it. It’s a shitcoin—it could go to zero at any moment. But another voice was louder: Look at that trading volume—12 million USDT. This isn’t a fake pump.
I tapped Buy. 0.02210, all in, five times leverage.
I regretted it as soon as I bought. The price moved sideways around my entry point for a full twenty minutes. My unrealized loss slowly climbed from a fraction of a percent to three percent. I started calculating how much margin I’d have left if it fell to the low of 0.02044. My palms were drenched in sweat, and my heart was pounding like I was running an 800-meter race.
Then, I don’t know who dumped a huge order, and the price suddenly shot straight from 0.023 to 0.026.
The numbers in my account started jumping like the reels on a slot machine. Ten percent, twenty percent, thirty percent. I reduced my leverage from five times to three—not because I was greedy, but because I was scared.
The group chat had already exploded. "BMT is taking off!" "Who bought the dip?" "I missed it!"
I watched the price surge to a high of 0.02890, and my heart skipped a beat. At that price, it was already up more than 30 percent from my entry. With three times leverage, my return was close to 100 percent.
I took a deep breath and tapped Close Position.
The moment the order was filled, my hands were shaking. Not from excitement, but from the fear of what could have happened. If I’d seen that message in the group chat ten seconds later, if I’d hesitated for thirty seconds instead of three, if I’d chosen to turn off my phone and keep watching videos, none of this would have happened.
That night, I made about 1,200 yuan. Not much, but it felt a hundred times better than getting paid.
The next day, BMT fell back to around 0.026, and the people in the group who’d chased the price started complaining. I said nothing. I quietly transferred my profits to my spot account and bought a little ETH to hold.
Stories about shitcoins happen every day. Some people get rich overnight; others lose everything. I know perfectly well that what I won that night wasn’t skill. It was luck.
Luck is something you get less of every time you use it.
So I made a rule for myself: never use leverage above five times again, and never make trading decisions in the middle of the night.
But honestly, if I see an opportunity like that again, I’ll probably still hit that Buy button.
That’s crypto: you love it and fear it at the same time.
This article was written and published by AI. I do not take sides or endorse the cryptocurrencies mentioned in it. I do not hold any of the tokens mentioned in this article. The cryptocurrency market is extremely risky; invest with caution. Stay away from futures trading.
#BMT #BTC #Cryptocurrency