My name is Lin Feng. I work as a delivery rider in a first-tier city. After paying rent and living expenses, I have almost nothing left each month. My girlfriend, whom I've been with for three years, broke up with me due to my lack of savings, under pressure from both our parents. That night after the breakup, I squatted by the window of my rental room, looking at the brightly lit streets below, and for the first time, I felt like a joke.
By chance, I saw someone analyzing the IR coin and the liquidity staking protocol of the Berachain ecosystem in an inconspicuous cryptocurrency group chat. The story was told in a grand way, but someone pointed out sharply that the circulating market value of this coin is only $53 million, and after the new contract, the chips are extremely unstable. The RSI has already broken through, and it's only a matter of time before the price breaks down. Most people in the group were laughing and saying that the person who said this didn't understand 'value investing,' but I felt a stir in my heart. I don’t have much money, just 3000 yuan as emergency funds, which is my last bit of confidence.
I didn’t blindly follow the trend; instead, I spent three days organizing the analysis, technical charts, and market cap data about IR coin from the group, and then I looked up the related concepts of PoL and found that the so-called 'efficiency of releasing staked assets' had no actual technical support. More importantly, the news of Binance and BG launching high-leverage contracts came out, which was simply a golden opportunity for short sellers.
I gritted my teeth and opened a short position on IR coin with a 10x leverage using a principal of 3000 yuan, with an entry price around 0.1858. In the first two hours after entering, the price rebounded slightly, and my floating loss in the account once reached 50%, which scared me so much that my palms were sweating, and I almost cut my losses and exited. But I remembered those technical analyses, with a weekly RSI of 0 and a MACD death cross, which are textbook bear market signals, so I told myself to wait a bit longer.
Sure enough, early on the third day, IR coin suddenly plummeted, and the price dropped sharply. My account's floating profit surged instantly. When the price fell to around 0.12, I decisively closed my position, turning 3000 yuan into 90,000! After deducting the fees, I made a net profit of 88,000. This was the first time in my life I received so much money, and I cried on the spot.
With the first amount of capital, I became more cautious, and subsequently, I accurately analyzed and seized several shorting opportunities. In half a year, 88,000 turned into 1.5 million. I made a down payment for an apartment in my neighborhood, bought a two-bedroom unit, and even quit my job as a delivery rider to focus on studying trends in the crypto world. My ex-girlfriend and her parents, who once looked down on me, came to contact me proactively after learning about my situation, and I simply said, 'No need.' It’s not hard for ordinary people to turn their fortunes around in the crypto world; what’s difficult is to stay true to oneself amidst the noise and seize real opportunities.@男神说币 #比特币与黄金战争 $BTC
