Many young people, if they had made the same amount of money as me in the past two years, would probably have already chosen to lead a leisurely life, focusing on eating, drinking, and having fun, and wouldn't bother with altcoins. Many altcoin enthusiasts are born in the 1995s and 2000s, don't compare yourself to me. This round of bear-bull cycle started from a high point for me. In the second half of 2022, when I entered the market, my principal was 3 million, and the price of BTC was only $17,000 per coin when I bought mainstream altcoins. By January 2023, I already had 18.3 BTC. Then from February to June, I invested another 1.6 million. Originally, in the first half of 2023, I specifically prepared a box of US dollars to wait for a pullback to 20,000 for Margin Replenishment, but once it broke through 33,000, it quickly rose to 40,000, 50,000, 70,000, and I didn't use it, so I used it to buy a house. I have been holding the Spot I bought with the principal until now. I have adjusted the positions and sold some along the way, but most of the time I have been long on coin-margined futures. I persisted for a year and a half, and when BTC broke 70,000 from January to March last year, I had reached the peak, with profits reaching tens of millions. In fact, in September two years ago when the BTC price was at 33,000, I lost 16.8 BTC in a large orders of a coin-margined futures contract! At the lowest point, my account had only 380,000 US dollars left. However, half a year later, I still multiplied my assets many times. The coin market is like life, ups and downs are normal. Sometimes, rising only needs one opportunity, and the rest is just luck and hard work.


I am still lying flat now, not working, free to buy whatever I want, go wherever I want. But still persisting in trading, not living the moist life originally planned. I have never experienced things like being a groom in nightclubs or reveling every night, I have never been to nightclubs in recent years. Sometimes I feel tired and want to rest for a while, but still think about the market. Although we are now in the second half of the bull market, the market performance is not as good as last year and the year before, but I still hope that everyone can have a decent harvest, have ideal assets, and then manage finances, plan a new life, and live the life you want.
No matter what stage you are in, you need to stabilize your mentality. The market is cruel, but the opportunities given to everyone are equal. The market is never a straight line, there are rises, there are consolidations, but more often it's twists and turns. Don't be impetuous, don't be complacent, and don't be discouraged. Even if you earn 100 million or 1 billion, maintain the attitude you had when you only had 1 million, then things will get smoother and smoother. Whether you earn a lot or a little, it no longer affects your mood, and you no longer care about temporary gains and losses, then your trading mentality will mature.
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TerryDavisvip
· 02-18 20:03
Thanks for the deep insight friend.
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