This afternoon my wife sent me this picture, and I really have mixed feelings. After several rounds of bull and bear markets, we are still alive in this market, which is quite lucky.
3.12. It's the third year since I entered the crypto space, and it's a moment that will go down in history. Back then, I sold all my mining Bitcoin at 3800, plus I got liquidated. In winter, I returned from the company in Beijing to my rental apartment, and after getting off the bus, I couldn't even afford to buy beef at 45 a pound. I even joked with my wife that the money lost could buy how many cows~
5.19. In Shanghai, my wife needed to add margin due to the volatile market, but transferring from FTX to BN faced severe congestion on the blockchain, ultimately leading to liquidation. She cried uncontrollably in the hotel. Meanwhile, the fund I managed suffered significant losses due to my boss's reckless operations.
FTX collapsed. Because I was in Singapore and received news from home that my grandmother was critically ill, I returned to my country and had to quarantine for 10 days. During the quarantine, the FUD surrounding Sam was rampant. Based on my trust in Sam, I staked all my FTT on FTX, which ultimately went to zero. Fortunately, I withdrew all my other assets. When I rushed to her bedside after returning home, my grandmother had passed away.
Yesterday, because the profits from going long in October had basically been wiped out, I had almost no positions. Last night I was thinking about making a rebound, but after the U.S. stock market opened, I felt something was off, so I cut my losses and went to sleep. I didn't expect such a big surprise; I still feel scared this morning.
In the cryptocurrency world, you must invest with spare money, as losing it won't affect your life. This is because the crypto market is inherently one where small bets can lead to big wins. For professional crypto players, it's essential to stick to profit withdrawals, which is advice I've been nagging my friends about for years. At this point, confidence is more important than gold; if you look at it over a longer period, this will definitely be a golden opportunity.
Today I learned about the brothers around me, most of whom haven't lost much money, and some friends even made a big profit by buying the dip on wbeth while they were awake back then. It's really impressive. For the brothers who have lost money, patience is needed here, adjust your mindset and start over. We're always here for you❣️
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