Staring at the balance of more than 300,000 U in my account, I refreshed it five times before I dared to believe this wasn't an illusion caused by software lag—within just three days, my principal skyrocketed from 8,200 U to more than 300,000 U, with my palms sweating and my fingertips tingling the whole time.
Last Friday night, I stared blankly at the remaining 8,200 U in my account, the ashtray already piled high. At that moment, there was only one thought in my mind: if I lose any more, I'll have to borrow money from friends for next month's rent.
I didn't expect that this 8,200 U would take me on the most thrilling journey of my cryptocurrency career within the next 72 hours.
Everything started with a small cryptocurrency that I normally barely pay attention to. That afternoon, I was squatting on the balcony eating takeout, and the reflection on my phone screen was intense. I was just casually checking the market but unexpectedly discovered that this small cryptocurrency suddenly surged in volume, as if someone was pulling the candlesticks upwards. At that time, I was still holding half a piece of rib with my chopsticks, and I accidentally clicked to buy—in at a price of 3.309, going all in on a long position.
After filling out the order, I didn't pay much attention and continued eating my ribs. As a result, less than half an hour later, my phone vibrated continuously, and when I opened the trading software, I almost spilled soup on my pants—as that cryptocurrency surged like it was on adrenaline, breaking through 4, 5, 6, and approaching the 9 mark. I stared at the candlestick chart, not daring to blink, my palms sweating, even my breathing unconsciously quickening with the candlestick fluctuations.
When the price jumped to 8.789, I felt like my heart was about to explode. I was scared from being trapped earlier and didn’t dare to be greedy, so I hesitated and clicked to take profit. At the moment the submission was successful, I stared at the prompt 'Profit 21,800 U', stunned for a full minute. I grabbed my phone to call my brother; my voice was shaking, and he thought something terrible had happened to me.
That night, I hardly slept, tossing and turning while checking my account balance, feeling like I was dreaming. The next morning, I woke up with my hands itching more than the day before.
After the market opened, the cryptocurrency slightly retraced to 9.926. I gritted my teeth and added to my position—this time more decisively than yesterday, even without discussing it with the friends around me. Looking back now, I feel scared, but at that moment it was just an intuition: the market wasn't done yet.
It turns out my intuition didn't deceive me this time. Around two in the afternoon, the market erupted, and prices shot up like a rocket to 12, 15, 18... finally hitting a high of 19.9. I watched the real-time fluctuations, my fingers froze until the software popped up a prompt saying 'Price reached warning line', and I suddenly came to my senses and clicked to take profit.
The moment I refreshed my account, I gasped—another 80,000 U came in. Combined with the earnings from the previous day, my account directly exceeded 110,000 U. At that moment, I sat in front of my computer, grinning like an idiot, even starting to doubt whether I accidentally activated some 'hidden mode.'
The most exciting moment was on the third day. The market suddenly weakened as the morning opened, with the originally red candlesticks turning green, and the trading volume shrank. My heart sank, and the previous feeling of profit vanished instantly, replaced by a strong sense of crisis.
After staring at the market for half an hour, I made a decision that even I admired—opening a short position. At a price of 20, I invested all the profits and principal from the previous two days. At the moment I opened the position, my palms were sweaty, and I was even prepared for a loss.
That night, I slept less soundly than any other day. I suddenly woke up at three in the morning, reached for my phone, and opened the trading software. The moment the screen lit up, I jumped out of bed— a big bearish candlestick came crashing down, and the price dropped directly to 8.66! My account balance soared to 300,000 U, and the red profit numbers dazzled my eyes.
Calm reflection behind high profits
Having been in this field for a long time, I know well that money in the crypto world comes quickly, but goes even faster. What can be earned by luck today may also be lost due to greed tomorrow. Seizing this wave relies not only on luck but more on the market sense accumulated from daily observation and the mindset of not being greedy or panicking at critical moments.
Market sense is not a metaphysics; it is a reflex conditioned by long-term observation of the market. Just like experienced traders can predict trends through price fluctuations and the relationship between volume and price, such abilities require systematic training and extensive market observation to develop.
Cryptocurrency trading is not only a battle of technology and strategy but also a psychological game. Common psychological traps like FOMO (Fear of Missing Out), fear, greed, and overconfidence can be magnified countless times during extreme market conditions.
Advice for ordinary traders
Avoid excessive leverage: I have seen too many stories of people blowing up their accounts due to using high leverage. Especially for beginners, it's better not to touch leverage easily, even if it seems to promise quick wealth.
Formulate a trading plan: clarify your investment goals, risk tolerance, and stop-loss/stop-profit points before trading; this can help you remain calm during extreme market fluctuations.
Control emotional fluctuations: learn to recognize your body's signals, such as rapid heartbeat, sweaty palms, and tense shoulders; these are manifestations of emotional fluctuations. Once you notice these signals, it's best to pause and avoid making decisions under high pressure.
Investing with spare cash: never use essential living funds or borrow money to trade cryptocurrencies, as excessive psychological pressure will directly affect your judgment.
The crypto world is never short of opportunities; what is lacking is the wisdom and discipline to survive in the market long-term. This experience has made me even more convinced that in this market, surviving is more important than making quick money.
The upcoming market will definitely be more complex. I have already organized a new watchlist and locked onto several potential cryptocurrencies. But in any case, I will stick to my trading principles: use funds I can afford, stay calm, be neither greedy nor fearful, and proceed steadily.
The market will never close; opportunities always exist. But real opportunities are only left for those who are prepared.
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