A few days ago, I lost seventy percent of my account in this consolidation area. At that time, I had a hunch that it would rise later, so I heavily invested in Ethereum contracts and options long positions. As a result, the price has been fluctuating repeatedly these past few days, and with such a heavy position, I kept closing my trades at a loss. After a few days, I ended up with significant losses.
After waking up, my account funds decreased by forty percent. Last night I was restless, staying up until after three to monitor the market, only to be surprised by a crash after falling asleep. All the options and contracts turned from profit to loss. The only consolation is that I raised the stop-loss position by a few points before sleeping, which helped reduce the loss after the stop-loss was triggered. Let's record the characteristics of the market before this crash. Ethereum showed a large inflow, while Solana and many altcoins experienced a significant outflow for several days. Even during the fake rally, only Bitcoin, Ethereum, and Binance Coin surged, while altcoins were left untouched. The overall market gives a feeling of weakness and instability, as if it could collapse at any moment.
From January 1st to today, losses have continued. The reason is that I blindly trusted the promises made by trading influencers, abandoned my own judgment on market movements, and gave up my self-defined trading plan. I think this stems partly from my lack of confidence in my trading skills, and partly from mental laziness. Now I must change this state—after resting for two days, I'll approach trading seriously again, making sure every trade is thought through carefully. I hope to quickly overcome this losing streak. Keep going!
The year 2026 has arrived, and I am officially returning to trading. This year, I am determined to handle every trade seriously and diligently. At the same time, I wish everyone smooth sailing and prosperous trading.
Sleep, tomorrow either going bankrupt or becoming rich. If I go bankrupt, I'll quit gambling until next year. I originally didn't plan to open a position, but I accidentally clicked before going to sleep, and now I can't even sleep well. If I recklessly open a position again in the future, I'll cut off my hand.
It has only been a short week since the deposit, and the total capital has already lost seventy percent. I have once again made the mistakes of frequently opening positions, over-leveraging, and blindly following others. If I do not change, I am afraid I will never escape the fate of being a retail trader. Making changes is imperative, and I must resolutely avoid making such foolish mistakes in the future. Leaving this post serves as a reminder for myself $BTC $ETH .