犀牛大王

Well, recently the market has been experiencing continuous large declines. Today, a WeChat friend confided in Brother Rhino about going bankrupt and losing everything. They feel particularly lost and upset, not knowing what to do. I think many fans and brothers feel the same way. I'm not very good at offering comforting words, but I understand this feeling that is engraved in one's bones. I empathize because I have also experienced bankruptcy and debt. So, I can only share a segment of how I went through it for mutual encouragement. In October last year, Trump was preparing to take office, and the Federal Reserve welcomed a rate cut for the first time in years, initiating a small bull market. Many altcoins surged. Within two months, I also made a profit of 950,000. At that time, I was extremely inflated and thought Buffett was just okay, believing that an unprecedented cyclical bull market was coming, just like the previous cycle's crazy altcoin season. So, I swiped my credit card to increase my funds to stock up on junk altcoins, thinking I would sell them off at the end of the bull market to pay off my debts and make a big profit. When the market started to decline, I couldn't wait to buy in. When the big drop occurred, I even took some money out on my credit card to buy the dip. The reality was that Brother Rhino got hit hard, as the market fell from December to April of the following year. In the long bear market, I kept increasing my position against the trend, refusing to accept losses, and the thought of trying to recover my losses occupied my mind until the price of the coins dropped significantly, leaving me with little capital and no hope of recovery. So, I sold all my spot holdings to leverage on contracts for bottom fishing. As expected, I quickly got liquidated and lost everything in the continued market decline. In six months, I had a drawdown of 2.7 million, of which I lost 1.8 million in principal, completely running out of money. This plunged me into extreme pain and confusion. At that time, I thought, I'm 31 years old, with no house, no car, no savings, and unmarried, left with nothing. My life feels like a complete failure, and more despairing is that I have no capital to turn things around. The road to recovery seems endless, filled with endless confusion and extreme hopelessness. It felt like a sudden heart attack, and I had already lost to the point where I couldn't lose anymore, a pain engraved in my bones. Next, I paused for a while and reflected a lot, especially a lot. One day, a credit card payment was due, and I had no money. So, I borrowed against another card, fearing I wouldn't be able to borrow later, so I just maxed out the limit and paid it off. I had over 10,000 left and exchanged it for 1,500 USDT. With this 1,500 USDT, I didn't know how many times I would need to multiply it to recover. Clearly, I had no choice but to start down my true contract path. I used to be very afraid to use leverage and play contracts because I often heard that you could win 99 times, but if you lose once, it's all gone. So, I was always hesitant to touch contracts. But with little capital, I had no choice but to force myself onto this path, constantly exploring and learning. I was very fortunate to discover that contracts were where I excelled and had a talent. When my capital was small, I was almost invincible, winning every battle and overcoming every challenge, losing little and earning more. After losing for so long, I suddenly started to make some small money, and that feeling was like rain after a long drought. This gave me tremendous confidence. I made 20,000 to 30,000 from 1,500 USDT and withdrew it to pay off my credit card. In between, I also liquidated the remaining 1,000 USDT once and continued to deposit 1,500 USDT. With over 10,000 coming in, I continued to push forward. This was also my last deposit. Since then, I haven't deposited again; I only withdraw every month. The process of losing and earning has been relatively smooth, with small losses and big gains. By July 15, 2025, I registered a commission account, which is this account. The old account was paused for use. At this point, the old account ended with a profit of 77,000 USDT. Now, the commission account has made a profit of 660,000 USDT, plus I've earned 1.24 million from Binance and 500,000 from K-line trading, and 950,000 from Ouyi contracts. So, since registering this commission account over 200 days ago, the cumulative profit has reached 7.3 million, plus the old account, which is about 7.84 million in profit. From 10,000 to over 7 million, from monthly profits of 10,000 to 200,000, the profit curve has been steadily increasing. From being completely hopeless to turning things around, it has only taken about six months. I've shared all of this in my past posts, so I want to tell those who are feeling lost that the crypto world is a place full of magic and possibilities for miracles to occur. No one starts out with everything going smoothly. The road of trading is destined to be full of thorns and setbacks. So, being low now doesn't mean the future will always be bad. Work hard and keep pushing. Don't borrow money to trade, don't go into debt. Try with small amounts each time, and don't exceed 10,000 when depositing, because even if you experience countless liquidations, the damage won't be significant. You can still have the courage and opportunity to start over through a bit of accumulation from your work. But once you borrow money, once you go into debt, and once you lose it all, what you may face is endless debt repayment with no chance of recovery. We invest to improve our lives and enhance our existence, so we should use spare money and not let it affect our lives. Don't lose sight of what truly matters. Regain your confidence, keep moving forward, and find the path that suits you. Brothers, wish you all the best.