Life is like a gamble
Not participating in gambling is actually betting that you will lose
I have a very trusted friend who entered the cryptocurrency field in 2012, only keen on trading coins, betting all his capital on every trade; this brother is truly legendary
BONK turned around from desperation#
In 2022, he was the first person in the Chinese community to buy BONK (at that time, the market value was only 30,000, which later skyrocketed to 16 million)
Last September, he fell into despair again, unable to repay even his credit card; I transferred him 100 RMB multiple times to buy cigarettes, and he advised me not to transfer too much because if he had more money, he would continue to gamble, which is truly heartbreaking
SASHA cat to kiki#
Last October, HBO filmed a documentary revealing Satoshi Nakamoto's identity; he bet on SASHA cat, invested 500 U and made 100 times profit, thus starting a new round of turnaround, then he bet all his capital on SUI's AAA and SOL's kiki, earning up to 1.4 million USD
I advised him to cash out, but he refused, insisting on going all in, claiming he would stop once he made 3 million USD and live a happy life in a small city
As you might have guessed, within two months, he lost all 1.4 million USD, including the 70,000 U airdrop from Magiceden
🔸 This brother quickly became rich in every small bull market, starting from 200 U and earning a fortune, but whenever the market fell, without exception, he lost it all back, as if it were all a dream
ghibli turned around#
In April this year, he bet on ghibli, entering with a market value of 80,000, which rose to 16 million the next day, making 200 times profit, finally paying off his loans and credit cards, leaving a little money in the market to continue gambling
My story with him#
🍀 I have played SOL's first graphic coin conversion peanuts with him, my avatar Froganas (he bought 400 below 10 U), GUAC, etc.; he is indeed the most capable person, almost always entering at the lowest market value
This brother has always dreamed of getting rich through trading coins, every time seeing his dream come true, yet it is ruthlessly shattered; this dream has lasted for 13 years
In conclusion#
🎄 Thank you to all my friends for reading my ramblings; I feel deeply moved. This brother has an extraordinary talent for finding alpha, which cannot be acquired through learning. Whenever he has the chance to turn around, he makes money very quickly, but he always loses it all back, without exception
✅ I have repeatedly thought that this may be a character flaw, just like me, coming from an ordinary family, having never managed money since childhood, unable to control funds, always wanting to rely on a big win to change his fate, thus repeatedly failing
It is easy to change the landscape, but hard to change one's nature. If we do not correct our inherent character flaws, we will find it hard to escape this vicious cycle in our lives
🎢 Earning money → Losing it all → Earning money → Losing it all again
✅ Today, my wife and I discussed that if we make money in the future, we will transfer it to a family hardware wallet monthly, taking out 30% for living expenses, storing 50% in stablecoins like Bitcoin during bear markets, and continuing to invest 20% for airdrops
Husbands and wives are partners in life; families need to walk a steady path, controlling character flaws to win a better life
Thanks to my wise brother Xian Er and Meta Brother for helping me sort out my weaknesses during this time; we are all ordinary people
For the family, we must proceed steadily and far
Brothers, let’s work hard together
from @小熊饼干.eth
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🔥 Related reading#
2025 China's top ten virtual currency trading platforms' latest rankings are out 🔥【Worth collecting】
【Real stories of getting rich in the coin circle】Many people ask me, after years of trading coins, how did I go from 0 to 11 million and then to a debt of 100,000?
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