In the last bull market, your account grew from 50,000 to 2 million.
You started eyeing luxury cars, despising the dead-end salary from your job, walking around with your nose in the air. You believe that you are naturally born to make a living from trading, even subtly showing off in your social circle. You are convinced that as long as you double your money again, you can forever exit the game. Then the script takes a sharp turn: rate hikes, defaults, chain liquidations. Watching your account fall back to 1 million, you tell yourself that the market's sharp decline is just a technical correction, When it drops to 500,000, you grit your teeth and tell yourself as long as you don’t sell, it’s not a loss. When it falls back to 50,000, you are completely numb, too lazy to even open your trading app. Finally, during the long sideways movement at the bottom, due to urgent real-life needs, you sell all your coins at the lowest point, using the money to cover a few months of rent. The harshest punishment in the crypto world has never been losing money from the start. It’s experiencing a peak, being filled with endless hope, and then watching over several years as it’s slowly cut away with a dull knife, until everything is wiped out.
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In the last bull market, your account grew from 50,000 to 2 million.
You started eyeing luxury cars, despising the dead-end salary from your job, walking around with your nose in the air.
You believe that you are naturally born to make a living from trading, even subtly showing off in your social circle.
You are convinced that as long as you double your money again, you can forever exit the game.
Then the script takes a sharp turn: rate hikes, defaults, chain liquidations.
Watching your account fall back to 1 million, you tell yourself that the market's sharp decline is just a technical correction,
When it drops to 500,000, you grit your teeth and tell yourself as long as you don’t sell, it’s not a loss.
When it falls back to 50,000, you are completely numb, too lazy to even open your trading app.
Finally, during the long sideways movement at the bottom, due to urgent real-life needs, you sell all your coins at the lowest point, using the money to cover a few months of rent.
The harshest punishment in the crypto world has never been losing money from the start.
It’s experiencing a peak, being filled with endless hope, and then watching over several years as it’s slowly cut away with a dull knife, until everything is wiped out.