kanghu900

1

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$USD1 I sold it, bought 1.0012 and sold 0.9998, last night I saw the liquidity depth and I knew I was scared, first let me see my story, let me say something sincere.

Under the current situation, the mainstream coins I bought are continuously shrinking, whatever I do is losing money, especially the $SOL , my last wave went to zero because of you, this year I have also been continuously losing on this coin, is there really a bad match?

Some people think that making money from rebates means they can just relax. To be honest, rebates are just a relatively better job I am doing right now. I used to do quantitative trading, develop dapps, write scripts to grab NFTs, and develop tool libraries, what you call scientists 🧑‍🔬. But as I got older, with money in hand, I became lazy. If I can avoid doing something, I won’t do it, not even bothering to write an alpha dashboard tool.

Actually, I am like everyone else. Who doesn’t want to be a successful trader and write their own story?

I chase airdrops, rush into meme coins, act as a KOL to get ads, participate in pre-sales, work on contracts, lock up capital fees, and do everything, but the result is still losing money on the left hand while earning on the right hand. Although losing a few hundred dollars in meme coins doesn’t hurt my account much, after a day of high-intensity PVP, my body can’t take it anymore. When I lose tens of thousands of dollars, that’s when I really detest this market. Everywhere is a startup scam, I’ve experienced too much pain. From last night until now, seeing the market crash, the monitoring keeps reminding me. What bothers me is not the loss in my account, but knowing that some people below me might be getting liquidated. I want to respect others' fate, but human emotions are real. I truly don’t want everyone around me to get liquidated!

I need to increase my spot position, I need to sell stablecoins. At that time, I saw the price of USD1 dropping, and there were buy orders with depths of hundreds of thousands. I decided to sell and not do so-called wealth management anymore, because the risk is really too high. From the perspective of project returns, the current WLFI price is dropping and the annual return is not high. Although Trump endorses the so-called stablecoin USD1, to put it bluntly, this thing is just seen as easy money in the crypto world. Businessmen join forces with Trump and politicians to create a project to harvest retail investors. In the end, whether they succeed or not, their effort level is different from that of a startup. If the project team doesn’t continue, the consequences are not something we can bear, at least not something I can bear. I cannot accept taking on such high risks for small profits, so last night I cut my losses and left. I wish you all good luck!