Three days, 430,000 USDT. This is not a script; this is a real battle that almost made me break down.
Everything started from noon on November 30th. I watched PIPPIN and felt like it had been grinding around 0.110 for a long time, so I casually placed a long position. What happened next was completely beyond my expectations.
It really took off, and the speed was terrifying. The price surged from 0.110, and I closed most of my positions above 0.140, the first wave, 110,000 USDT.
At that time, I judged that this position was strong resistance and would likely have a pullback, so I flipped and opened a short position. As a result, I was wrong. The market taught me a harsh lesson in the most violent way—it barely retraced and continued to surge straight up, peaking around 0.195.
That was when I was under the most pressure. The unrealized loss was expanding rapidly, but I judged that this was still driven by extreme emotions within an upward trend. I did not cut my short position (which requires great courage and I do not recommend imitating it), but chose a hedging strategy: I opened a smaller long position at a higher level.
This is not a conventional operation; it is an emergency measure to manage extreme volatility risk while judging that the trend has not changed. During that time, I couldn't eat or sleep, and I was completely tense.
You all know the story that followed. Market sentiment exhausted, and prices fell sharply from their highs. My short position profited during the pullback, while the long position at lower levels had already taken profit during the upward move.
Two trades were merged and settled, and this three-day battle ended with a total profit of 430,000 USDT.
In hindsight, I realized two things:
The trend is your friend, but when friends go crazy, you need a seatbelt. My initial judgment (trend initiation) was correct, but my predictions about the magnitude of the pullback and the intensity of the volatility were completely wrong. Fortunately, I used hedging; otherwise, I could have been seriously injured and forced out.
The biggest profit comes from holding; the greatest torment also comes from holding. This 430,000 USDT was not earned through high-frequency trading but was made by enduring immense pressure and 'sitting' through the trend. This process is extremely counterintuitive.
This is not an inspirational story; it is an extreme case of risk management. I shared the profits, but I must also share the struggles and luck involved. In the cryptocurrency market, you can make money by luck for a short time, but to survive long-term, you can only rely on respect for the trend, management of positions, and the ability to remain calm in dire situations.
Never just look at other people's results and ignore everything they went through in the process.
