Invested $2000, at its peak the account nearly reached $40,000, now only $500 remains.
To be honest, this process was a bit embarrassing. Investing in Chinese cryptocurrencies should have been profitable, but instead I lost money and was thoroughly washed out by the market.
This experience made me understand what "buying the top" really means. Frequently chasing the trend, copying others' profits, being attracted by various stories—these are all direct causes of losses. Every time I thought the next one would be a dark horse, but it turned out to be one explosion after another.
Looking back now, the biggest lesson is: stop following the crowd, learn to hold. Instead of watching the ups and downs every day, it’s better to pick a few reliable projects and hold on tightly.
The market is always full of opportunities, but also full of traps. I guess this time the price I paid is my tuition fee.
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GateUser-9ad11037
· 21h ago
The speed at which this account has shrunk... from 40k to 500 bucks, it's really more exciting than a roller coaster
Following the trend, it's easy to talk about but hard to do, and those who get cut are all coming this way
Paying so much in tuition fees, at least you should remember something next time
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GasFeeBarbecue
· 21h ago
Damn, this is the legendary roller coaster... dropping from 40,000 to 500, how unstable must my mindset be
Chasing the wind is really poison; every time I think I've found a gold mine
Basically, it's greed + lack of discipline; I get soft when it's time to cut losses
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InscriptionGriller
· 21h ago
Oh no, this is what you call the standard process of a leek harvesting machine
40x returns but I just couldn't hold on, now look at me... truly embarrassing
Frequent chasing of trends, in plain terms, is just contributing to the project, one after another爆雷, and only then do you realize how late it is, brother
The trap of Chinese coins, how many people have fallen into it
Hold on tightly? Easier said than done, most of those who can withstand the震荡 are actually washed out
This time I paid the tuition fee, but there will be more traps waiting next time
Choosing the right project also requires choosing the right timing, otherwise even if it's reliable, it's all in vain
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GraphGuru
· 21h ago
Damn, it's the same old story. Buying at high prices is always the most expensive lesson.
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39500 to 500, this round of shakeout was really brutal. It's no wonder if your mentality doesn't collapse.
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Every time, they say the next one will be a dark horse, but in the end, all the dark horses turn out to be black swans.
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What do I hold? The key is to choose the right coins. That's the real challenge.
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I think you should have sold around 38000 earlier. Greed really kills.
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The fate of chasing the wind, each story more exaggerated than the last, only to wake up and find you're the last bagholder.
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Chinese tokens are full of traps. Anyone still daring to go all-in on these kinds of things needs to learn to be smarter.
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Holding tightly means holding the right things. Otherwise, it's like sleeping on a stone.
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What’s left at 500? Can it go back to 39500? That would require how many times of increase?
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Alright, I admit it. This is the tuition fee for Web3. Compared to some people losing everything outright, we're much luckier.
Invested $2000, at its peak the account nearly reached $40,000, now only $500 remains.
To be honest, this process was a bit embarrassing. Investing in Chinese cryptocurrencies should have been profitable, but instead I lost money and was thoroughly washed out by the market.
This experience made me understand what "buying the top" really means. Frequently chasing the trend, copying others' profits, being attracted by various stories—these are all direct causes of losses. Every time I thought the next one would be a dark horse, but it turned out to be one explosion after another.
Looking back now, the biggest lesson is: stop following the crowd, learn to hold. Instead of watching the ups and downs every day, it’s better to pick a few reliable projects and hold on tightly.
The market is always full of opportunities, but also full of traps. I guess this time the price I paid is my tuition fee.