I entered the market in March, hoping to make some money in the cryptocurrency circle to buy a bag for my girlfriend, so I ventured into the cryptocurrency circle with 4,000 yuan. At the beginning, I was led by a big brother in the group, and I had no idea. At the beginning, the trend was good, and I made the highest profit from 4,000 yuan to 6,000 yuan. Later, I experienced 314. At that time, Bitcoin and Ethereum were both 50 times. I opened a total of 4,000u, and suffered a liquidation.
One morning I woke up and made 100U, but I didn't run away and continued to hold on. An hour later, I saw all my profits retracted. I was heartbroken, but I didn't run away and continued to hold on. Later in class, I looked at the big pie - Ether - with a return rate of more than 100%. Because I didn't know how to do hedging, I resisted. Looking at the falling margin, my brain became more and more irrational. My brain was starved of oxygen. I regretted that I should have run away if I had made a profit last night. Finally, I took out the 350u in stock and wanted to continue carrying it, but it backfired. On the morning of March 17th, , the position was liquidated, I went to class at 8 o'clock, I woke up very early, looking at the spot with only 150u left, my mind was confused, and I lay on the bed, at a loss.
After that, I couldn't get back up. I took out 50u from the spot and wanted to start over and get my money back. The big brother in the group also disbanded the group chat because many people liquidated their positions. At that time, I felt isolated and helpless. Two brothers in the group behind me formed a small group to discuss what to do next. I am very grateful to them for giving me the determination to continue.
Gradually, I started to look for more reliable people in the square and follow their positions to make orders, but the opposite happened. I kept losing money and lost more. I lost all my 50u soon. After that, I felt that spot was still better, so I started to increase my position, adding 5,000 yuan and leaving 100u for myself to play with the contract.
I discovered the thing of following orders the week before, so I followed someone with quite a lot of followers. Because I wasn’t familiar with it, I started following orders with equal amounts. That day I went from 60u to 90u and then to 30u. I lost money again, and finally I returned to the starting point. Back in stock.
After that, the market gradually improved, and I took out 200u to follow the orders of two people. Generally speaking, I made a few uu, a few uu, and a few dozen when I lost, and there was also a liquidation. After that, I found that it was better to believe in myself than to believe in others, so I went to learn how to read trading indicators and when to enter the market.
I started to play with contracts three days ago. On the first day, my position increased by 15%. On the second day, I didn’t judge the situation clearly, so my short position was trapped for a day. Today, my short position was untied. ENA accurately bought the bottom and covered my position. The cost of last night’s order also reached 1.05. I am still optimistic about ENA.
Anyway, I still have many deficiencies now, and I need to continue to learn. I don't ask for a 100% winning rate, I just want to make money and not blow up my account. #ENA #Solana $ENA $SOL