I feel so miserable today. I reflected for an entire afternoon, and the conclusion is that as long as I am involved with gambling, I will become unhappy.
The cause was that this month I was participating in Polymarket. Initially, everything was going well, earning about ten U from LP rewards a day. However, on the 4th, I made my first bad investment and immediately lost 300 U. I then tried to recover in the 5-minute market, and it ended up being a disaster, losing 6000 U. After taking some time to calm down, I found myself idle today and checked the 5-minute market. It had a seven consecutive increase, and then I made a bad bet and lost 7000 U. I have been feeling miserable ever since.
Reflecting on my experiences in the crypto world for an entire afternoon, I realize that I will lose money whenever I get involved in gambling: trading coins, shitcoins, contracts, and current predictions. I have never made a profit in any of these.
Trading coins— I should have at least lost A7. I can't even count how much I lost without selling in time. I still have the four major ones: ARB, OP, STRK, and ZK.
Shitcoins— about 100 SOL, also a gamble. I have a poor mindset; I can't hold on when prices rise, but I keep holding on when they fall.
Contracts— this is where I lost the least money. I clearly remember my first encounter with contracts in June 2020 when I entered the market. I borrowed 20,000 from Alipay and opened a 100x position, which blew up at 3 AM.
Predictions— I have already mentioned this above.
It's already my sixth year in the crypto market. I am actually quite grateful for the crypto world because I started with a hellish beginning in society. My parents had debts of 800,000, all of which were placed on my shoulders. I only managed to pay off that 800,000 last year, and almost all the money I earned came from crypto.
For me, the benefits of crypto actually ended after STRK at the beginning of 2024, and the altcoin season also ended around that time.
Although I still have some money on hand, I feel quite lost as someone who only knows how to earn through crypto. I can no longer see a future.
As for Web2, let's not even mention it. I'm already in my 30s and not a post-2000 kid or a teenager anymore.
Sigh, I don’t know what to do in the future. Is there any big shot who can point me in the right direction, or can fellow travelers study together on how to make money?
The cause was that this month I was participating in Polymarket. Initially, everything was going well, earning about ten U from LP rewards a day. However, on the 4th, I made my first bad investment and immediately lost 300 U. I then tried to recover in the 5-minute market, and it ended up being a disaster, losing 6000 U. After taking some time to calm down, I found myself idle today and checked the 5-minute market. It had a seven consecutive increase, and then I made a bad bet and lost 7000 U. I have been feeling miserable ever since.
Reflecting on my experiences in the crypto world for an entire afternoon, I realize that I will lose money whenever I get involved in gambling: trading coins, shitcoins, contracts, and current predictions. I have never made a profit in any of these.
Trading coins— I should have at least lost A7. I can't even count how much I lost without selling in time. I still have the four major ones: ARB, OP, STRK, and ZK.
Shitcoins— about 100 SOL, also a gamble. I have a poor mindset; I can't hold on when prices rise, but I keep holding on when they fall.
Contracts— this is where I lost the least money. I clearly remember my first encounter with contracts in June 2020 when I entered the market. I borrowed 20,000 from Alipay and opened a 100x position, which blew up at 3 AM.
Predictions— I have already mentioned this above.
It's already my sixth year in the crypto market. I am actually quite grateful for the crypto world because I started with a hellish beginning in society. My parents had debts of 800,000, all of which were placed on my shoulders. I only managed to pay off that 800,000 last year, and almost all the money I earned came from crypto.
For me, the benefits of crypto actually ended after STRK at the beginning of 2024, and the altcoin season also ended around that time.
Although I still have some money on hand, I feel quite lost as someone who only knows how to earn through crypto. I can no longer see a future.
As for Web2, let's not even mention it. I'm already in my 30s and not a post-2000 kid or a teenager anymore.
Sigh, I don’t know what to do in the future. Is there any big shot who can point me in the right direction, or can fellow travelers study together on how to make money?