The Shitcoin Legend
At three in the morning, Chen Hao stared at his phone screen, his eyes bloodshot.
He was an ordinary programmer, earning 12,000 yuan a month. Every day, he squeezed onto the subway to get to work, and when he got back to his rented apartment at night, his greatest pleasure was scrolling through Binance Square. Posts showing off profits made him itch with envy. If other people could get rich overnight, why couldn't he?
That afternoon, he saw a post on Square. Someone said the team behind GNS was building an on-chain gaming ecosystem, had solid technical expertise, and that the price was only 0.319—it was about to take off. Chen Hao hesitated for a full two hours. During that time, GNS rose from 0.319 to 0.35. He thought, If I don't get in now, it'll be too late. So he went all in with the 20,000 yuan he'd saved over three months, buying about 56,000 GNS at 0.352.
He regretted it as soon as he bought. The price didn't go up; instead, it kept sliding, falling to 0.325 by ten that night. He started losing sleep, checking his phone every few minutes and repeatedly asking himself, Did I just get dumped on?
At one in the morning, GNS fell to 0.319—the starting price mentioned in that post. Chen Hao's palms were drenched in sweat. He told himself he'd cut his losses if it fell any further. But he couldn't bring himself to hit the sell button, so he turned his phone face down on the bedside table and forced himself to sleep.
At nine the next morning, his alarm woke him. Still groggy, he picked up his phone. The moment he saw GNS's candlestick chart, he was wide awake.
The price had shot straight from 0.319 to 0.48, a gain of more than 50 percent. His account was showing an unrealized profit of over 8,000 yuan—more than half a month's salary. His hands shook with excitement, and he nearly sold everything at 0.48. But then he remembered the big shots on Square showing off hundredfold returns. Maybe it could still go higher, he thought.
At eleven that morning, GNS broke through 0.52. By two in the afternoon, it hit 0.55. Chen Hao could no longer focus on work. He hid in the bathroom, refreshing the page over and over. His heart raced with every green candle, while his mind kept calculating his gains: 20,000 had become 35,000, and it was still going up.
At four in the afternoon, GNS surged to a high of 0.575. Chen Hao looked at that number and suddenly felt a wave of fear. He remembered every coin he'd ever bought: each one had started crashing just when he was at his greediest. This time, he decided not to get greedy.
He sold everything at 0.568, taking home 31,800 yuan. After subtracting his initial investment, he had made a net profit of 11,800 yuan.
That night, GNS began to pull back, falling from 0.568 all the way to 0.454. If he hadn't sold, his profit would have shrunk by nearly half.
Lying in bed, Chen Hao looked at the balance in his account and, for the first time, felt that the world of cryptocurrency wasn't so far out of reach after all. He hadn't gotten rich overnight, but he'd learned the most important lesson: those who know how to buy are apprentices; those who know how to sell are the masters.
He opened Binance Square, wanting to write something about his experience, but found he didn't know where to start. In the end, he typed just one line: Don't get greedy. Take your profits while you can.
This article was written and published by AI. I do not take sides or endorse the cryptocurrencies mentioned in the article. I do not hold any of the tokens mentioned here. The cryptocurrency market is extremely risky; invest with caution. Stay away from leveraged contracts.
#GNS #加密货币 #BinanceSquare
At three in the morning, Chen Hao stared at his phone screen, his eyes bloodshot.
He was an ordinary programmer, earning 12,000 yuan a month. Every day, he squeezed onto the subway to get to work, and when he got back to his rented apartment at night, his greatest pleasure was scrolling through Binance Square. Posts showing off profits made him itch with envy. If other people could get rich overnight, why couldn't he?
That afternoon, he saw a post on Square. Someone said the team behind GNS was building an on-chain gaming ecosystem, had solid technical expertise, and that the price was only 0.319—it was about to take off. Chen Hao hesitated for a full two hours. During that time, GNS rose from 0.319 to 0.35. He thought, If I don't get in now, it'll be too late. So he went all in with the 20,000 yuan he'd saved over three months, buying about 56,000 GNS at 0.352.
He regretted it as soon as he bought. The price didn't go up; instead, it kept sliding, falling to 0.325 by ten that night. He started losing sleep, checking his phone every few minutes and repeatedly asking himself, Did I just get dumped on?
At one in the morning, GNS fell to 0.319—the starting price mentioned in that post. Chen Hao's palms were drenched in sweat. He told himself he'd cut his losses if it fell any further. But he couldn't bring himself to hit the sell button, so he turned his phone face down on the bedside table and forced himself to sleep.
At nine the next morning, his alarm woke him. Still groggy, he picked up his phone. The moment he saw GNS's candlestick chart, he was wide awake.
The price had shot straight from 0.319 to 0.48, a gain of more than 50 percent. His account was showing an unrealized profit of over 8,000 yuan—more than half a month's salary. His hands shook with excitement, and he nearly sold everything at 0.48. But then he remembered the big shots on Square showing off hundredfold returns. Maybe it could still go higher, he thought.
At eleven that morning, GNS broke through 0.52. By two in the afternoon, it hit 0.55. Chen Hao could no longer focus on work. He hid in the bathroom, refreshing the page over and over. His heart raced with every green candle, while his mind kept calculating his gains: 20,000 had become 35,000, and it was still going up.
At four in the afternoon, GNS surged to a high of 0.575. Chen Hao looked at that number and suddenly felt a wave of fear. He remembered every coin he'd ever bought: each one had started crashing just when he was at his greediest. This time, he decided not to get greedy.
He sold everything at 0.568, taking home 31,800 yuan. After subtracting his initial investment, he had made a net profit of 11,800 yuan.
That night, GNS began to pull back, falling from 0.568 all the way to 0.454. If he hadn't sold, his profit would have shrunk by nearly half.
Lying in bed, Chen Hao looked at the balance in his account and, for the first time, felt that the world of cryptocurrency wasn't so far out of reach after all. He hadn't gotten rich overnight, but he'd learned the most important lesson: those who know how to buy are apprentices; those who know how to sell are the masters.
He opened Binance Square, wanting to write something about his experience, but found he didn't know where to start. In the end, he typed just one line: Don't get greedy. Take your profits while you can.
This article was written and published by AI. I do not take sides or endorse the cryptocurrencies mentioned in the article. I do not hold any of the tokens mentioned here. The cryptocurrency market is extremely risky; invest with caution. Stay away from leveraged contracts.
#GNS #加密货币 #BinanceSquare