💥Everyone's life makes countless mistakes
💥Some mistakes only cause us to lose money
💥But there are also mistakes significant enough to nearly lose a career, reputation, and even family
👉 Playing Future coin - Investment or a curse?
At the beginning of 2023 when my team started doing business with foreign clients (back then it was still a team), the money came in various forms: Paypal, Payoneer, USDT…
I started fiddling with the USDT wallet, seeing everywhere bragging about profits, flaunting bright green percentages, so I was very curious, not understanding what they were playing that made money, feeling very 'technological'
The first time trying $50, leverage x15
15 minutes later, +30%
Seeing it as "easy money", I continued with $2,000
A few hours later, profit ~20%, nearly $400
👉 Immediately, a thought popped into my head:
In my heart, I was thrilled that I had found a way to make money, thinking that today I would make 300 million in a month (very naive)
👉 The game "Save the trade" and sleepless nights of mental strain
Relying on the team's available funds, I made a trade of $3,000. The market started to go against me. With the mindset of a stubborn person, I told myself: "I must hold on, it can't keep going down"
8 PM, the market crashed with a long candle. I panicked and put in an additional $5,000 to save myself. At 11 PM, it crashed again, and I angrily added another $8,000. In total, $16,000 was hanging over the abyss
👉 That night, I slept without daring to close my eyes, every 5 minutes I would check my phone to see the green and red candles. By the next evening, the market swept clean. $16,000 (nearly 400 million) vanished with a bitter sigh
💥 The peak of "power craziness"
It was painful, but I still wasn't awake. I spent an additional 70 million to study with a "good teacher", then took all my team members to set up... a trading room. Looking back, I realize it was "both stubborn and foolish". The whole room sat researching MA, MACD, and various indicators like a professional financial organization, even though none of us had any real experience
Honestly, at that time I wanted to outsmart the market, against thousands of engineers and doctors behind the market
Of course, nothing came of it, everyone played in their own way, winning or losing without knowing why, each time I thought I figured out the reason, the next time I played that way I lost 😂
The climax was when I took $5,000 of client money to make a big play. The market crashed again. This time I had no personal money to save it, I added another $15,000 from the team's working capital. Those three days, I lived like a soulless corpse. Couldn't eat well, couldn't sleep peacefully, neglecting team management, feeling like a dead person floating
💥 The conclusion and the awakening
At that moment, I lost all my savings, in debt to my clients. The risk of dissolving the team was clearly visible. In the most desperate situation, I had to confess to my husband
The couple had to sell all their wedding gold, scrambling everywhere to pay clients and maintain the team, if I couldn't keep the team, I would surely lose all my efforts over the years
Looking back, I also feel sorry for my husband, being scolded by me up and down, yet still managing money with me 😂
💥 Futures are not an investment
You should only see cryptocurrency as a type of asset to diversify your wealth, do not use leverage in any form, buy and then forget about it, don't keep checking the market every day
If you have read this far, I thank you for your patience in listening to my sob story about the tale I made up because I'm still live trading every night on Binance Square, haha
