2025.2.3
Outside the window, the fine rain falls continuously, the streets are empty and deserted, with only a few lonely umbrellas drifting slowly. The news of Ethereum's plummet flashes on my phone screen, and my account balance has dropped to three digits. The desolation outside the window intertwines with the despair within, creating a bleak picture.
I am unwilling to accept this; why have I ended up in such a situation?
Starting as a problem-solver from a small town, I was admitted to Wuhan University, then pursued my master's degree at the University of Hong Kong, putting in my utmost effort at every step. Yet now, I find myself with nothing left.
Last year, I resolutely quit my job, diving into the whirlpool of cryptocurrency with 200,000 I had saved over a year and a half. At first, everything seemed incredibly good. I watched the market every day, researched projects, and analyzed trends, feeling much freer than at work, as I was fighting for myself. During that time, I made some small profits and met a group of like-minded friends, sharing opportunities and enjoying ourselves.
From the beginning of the year to the end, my situation was quite good, accumulating over a million in earnings, but I never withdrew any funds. Until December, I gradually fell behind the fast-paced market, and judging that altcoins were about to explode, I decided to buy the dip on BOME. I fantasized about replicating last year's miracle with PEPE, buying in from 0.008 all the way down to 0.003, but the crash this morning wiped me out completely. In fact, the leverage wasn't high, less than 3 times.
I bet everything, yet lost it all.
The most ironic part is that I also urged my parents to buy the dip, having them start buying $bome from 0.004 and averaging down to 0.003, which has now nearly halved. I was already suffering losses myself, and now I've dragged my parents down with me; I truly feel ashamed as a son, sigh.
This Spring Festival has been like sitting on pins and needles, opening the exchange every day to the bad news of my account plummeting. When faced with relatives and friends asking about work, I have no confidence to speak. Clearly, I work myself to exhaustion every day, yet I neither earn money nor have my life in order, and I invite 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 the exchange? If the coin price drops five times, can it drop another four times? New coins launch only to plummet by four to five times? In such circumstances, can anyone really enter the market and profit?
My feelings at this moment are complex and hard to express; I am unwilling yet confused and at a loss. I clearly feel I have given my all, yet things always go against my wishes. Those goals that once ignited my passion now feel like paper soaked in rain, blurred and unclear in direction. I don't know where to go next, nor do I know if I can regain my strength.
from - @哪吒 Sigma Hunter
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