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Today is the first day this account unlocks high leverage trading. Went in with 150x leverage, full position of 97,000 BTC, and ended up liquidated at 98,000. I uninstall the software and go back to work. If I get wiped out, so be it; if I double up, so be it.
Honestly, including all previous accounts, this account has a total loss of 45,730. I’ve never blamed heaven and earth, nor blamed others; it’s just that the market trend in the crypto world didn’t go my way.
Everyone has their moments of glory, and also days of darkness. What can truly defeat you is not the gain or loss of money, nor material scarcity, but mental collapse. The crypto world is like entrepreneurship—entering the market is the start, liquidation is failure. Looking at those who survive, behind them are countless sleepless nights and repeated torment.
Recently, I saw a trader’s record. He almost got wiped out by liquidation and experienced despair, but he held on. Yesterday, he closed his position successfully. Don’t just look at others’ victories and glory; the key is to ask yourself: do you have the ability to endure the lows and darkness others have gone through?