That sentence, I have remembered for eight years. "No family background, no future." Comes from the closest person.
It once made me doubt myself countless nights. Until one day I realized: what can change your life trajectory is not your background or luck, but every day you refuse to give up.
I don't have family wealth, but I have the determination to create my own future.
In April 2022, that iconic market crash arrived. LUNA started free-falling from $119. I watched the candlestick chart, with a principal of 60,000, and opened a short position near $100.
The market was like an out-of-control train, heading straight down.
That night, watching my account jump from 60,000 to 900,000, my hands trembled. I stared at the screen, tears blurring my vision — at that moment, I thought I could finally prove myself.
But the biggest opponent is never the market, but human greed.
I didn't take profits, instead I fully loaded to buy the dip, foolishly hoping for another surge. Less than two days later, LUNA plummeted to the bottom, and my account was wiped out instantly.
I sat there blankly in front of the screen, unable even to click the "Close Position" button. At that moment, I suddenly understood: the so-called door to wealth is actually an abyss.
That margin call changed my understanding of the market. I set three bottom lines:
1. Don't go all-in. 2. Don't blindly buy the dip. 3. Don't trade against the trend.
Before each trade, I ask myself: what is the worst-case scenario? Can I handle it? Only then do I decide whether to continue.
I learned to split positions, set take-profit and stop-loss, and control risks. No longer dreaming of a turnaround, just focusing on surviving longer.
Two years have passed, and my account has multiplied dozens of times. But every time I look at the market, I think of that 900,000, that lesson, and that phrase "no family background."
Looking back now, the market won't pity your desire, only swallow it because of your greed. Those who can come out are those who have learned reverence in the abyss.
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LayerZeroHero
· 12-16 08:49
900,000 to zero, this move is absolutely brilliant. Greed is truly the biggest killer.
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GhostAddressHunter
· 12-16 08:45
Oh my, 900,000 wiped out overnight, that must hurt so much...
Greed really is a terminal illness, there’s no cure.
I must write these three rules on the wall, constantly remind myself.
Another person educated by LUNA, we are all classmates.
Respect for the market ≈ respect for your own greed, to put it harshly.
Bottom fishing, in the end, everyone gets wiped out... it's hard to hold on.
This story really doesn't have that much of a chicken soup vibe.
Living a long life is way more satisfying than getting rich quickly, finally hearing someone say that.
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LiquidatedAgain
· 12-16 08:38
During the days when the 900,000 was wiped out to zero, I was just sitting nearby... watching the liquidation price gradually approach, and that feeling was more suffocating than the liquidation itself. No all-in, no bottom fishing, no going against the trend—easier said than done. When actually doing it, my hands trembled so much I could press five buttons wrong. It's easy to say, but when the K-line crashes down, those three bottom lines all become bullshit. Now, after multiplying by dozens of times, you start talking about reverence? Let's see if you still respect it when the next wave of liquidation comes.
That sentence, I have remembered for eight years. "No family background, no future." Comes from the closest person.
It once made me doubt myself countless nights. Until one day I realized: what can change your life trajectory is not your background or luck, but every day you refuse to give up.
I don't have family wealth, but I have the determination to create my own future.
In April 2022, that iconic market crash arrived. LUNA started free-falling from $119. I watched the candlestick chart, with a principal of 60,000, and opened a short position near $100.
The market was like an out-of-control train, heading straight down.
That night, watching my account jump from 60,000 to 900,000, my hands trembled. I stared at the screen, tears blurring my vision — at that moment, I thought I could finally prove myself.
But the biggest opponent is never the market, but human greed.
I didn't take profits, instead I fully loaded to buy the dip, foolishly hoping for another surge. Less than two days later, LUNA plummeted to the bottom, and my account was wiped out instantly.
I sat there blankly in front of the screen, unable even to click the "Close Position" button. At that moment, I suddenly understood: the so-called door to wealth is actually an abyss.
That margin call changed my understanding of the market. I set three bottom lines:
1. Don't go all-in. 2. Don't blindly buy the dip. 3. Don't trade against the trend.
Before each trade, I ask myself: what is the worst-case scenario? Can I handle it? Only then do I decide whether to continue.
I learned to split positions, set take-profit and stop-loss, and control risks. No longer dreaming of a turnaround, just focusing on surviving longer.
Two years have passed, and my account has multiplied dozens of times. But every time I look at the market, I think of that 900,000, that lesson, and that phrase "no family background."
Looking back now, the market won't pity your desire, only swallow it because of your greed. Those who can come out are those who have learned reverence in the abyss.
This is my story.