February 3, 2025
Light rain drizzles, and there are few pedestrians on the street, only a handful of umbrellas moving slowly. The news on my phone screen shows Ethereum plummeting, and my account balance is down to three digits. The desolation outside intertwines with my disappointment.
I am unwilling to accept it; why am I such a failure? From a small-town exam taker to being admitted to Wuhan University, and then to a graduate program at the University of Hong Kong, I have put in effort at every step. Yet now, I have lost everything.
Last year, I quit my job, taking my savings of 200,000 yuan accumulated over a year and a half, and plunged into the cryptocurrency field. At first, everything seemed wonderful. I watched the market every day, researched projects, and analyzed trends, feeling freer than at work, after all, I was working for myself. At that time, I made some money and met a group of friends with whom I shared opportunities.
From the beginning of the year to the end, I was in good shape, earning over a million yuan cumulatively, but I hadn't withdrawn any. By December, I struggled to keep up with the fierce competition in the market, predicting that it would welcome an explosion of altcoins, so I decided to buy the dip on BOME. I fantasized about replicating last year's PEPE miracle, buying in from 0.008 down to 0.003, but the crash this morning led to my liquidation. In reality, the leverage I used wasn't high, less than 3 times.
I bet my entire fortune, yet it all vanished.
The most ironic part is that after returning home, I urged my parents to buy the dip, having them start purchasing $BOME from 0.004 and averaging down to 0.003, which has nearly halved as of today. It's one thing for me to incur losses, but dragging my parents down with me is truly a sin, sigh.
This Spring Festival felt like sitting on pins and needles, with my trading account showing declines every day. When faced with inquiries from relatives and friends about work, I felt utterly powerless. Despite working hard every day, I neither made money nor lived well, and I faced ridicule from relatives saying, "After studying so much, you still don't have a stable job."
I am genuinely curious, who can still make money on exchanges? Coins that have dropped five times can drop another four times, and they fall by 4-5 times as soon as they go online? In such circumstances, can anyone really profit?
At this moment, my feelings are complex, filled with unwillingness yet also confusion and helplessness. Clearly, I have tried my best, yet the results always go against my wishes. Those goals that once made my blood boil now feel like paper soaked in rain, blurred and unclear. I don't know where to go in the future, nor do I know if I can regain my spirits.
from - @哪吒 Sigma Hunter
🔥 Solving the issue of accessing the OKX exchange in China#
Many exchanges' original domain names may be blacklisted, or access speeds may be affected due to servers being located overseas. For ordinary users, this often feels overwhelming, even leading to doubts about whether the exchange itself has issues. In reality, this is more about the network environment rather than a service interruption on the platform itself. To address this, exchanges like OKX and Binance typically update their backup domain names regularly to ensure users can continue accessing the official website through alternative addresses.
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- OKX backup domain Overseas OKX - Need VPN or Alternative link
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- Binance backup domain Binance
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- Bitget backup domain Bitget
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- Bybit backup domain Bybit/Bybitglobal
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- Huobi HTX backup domain Huobi (Huobi/HTX)
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- Gate backup domain Gate.io (芝麻开门)
🔥 Further Reading#
🔥 Practical tools for finding gold dogs#
1️⃣ Axiom Dog-Charging Tool https://axiom.trade
2️⃣ Gmgn Dog-Charging Tool https://gmgn.ai
3️⃣ dbot Dog-Charging Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com
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