0xLeaf🍃
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I didn't expect the traffic from losing money to be so huge. I saw several posts about myself on dy. When I was making money, I didn't go viral; when I was losing money, I did. I even checked the comments section—there's a lot of mocking. At first, I even cried when I saw it, but now my mindset is basically adjusted.
I've really been through this kind of thing many times, but every time I stood back up. Besides, I'm much wealthier now than I was back then—I bought a house and a car.
At the beginning of last year, I only had about 150,000 yuan left. In one year, I multiplied it by 100 times.
This time, I really reflected a lot. I basically never lost with large positions before; it was too smooth. Facing this kind of market, I accept it. Even 1.5x leverage couldn't withstand this kind of drop. Even doubling the long position on Hynix left me with only 1/10. From now on, I will strictly execute all orders. Looking back, all the money I made was from speculation. I knew it was pure hype, so I would cut losses. All the painful trades were so-called value investments. Once I think it's value, I want to hold the position, thinking it doesn't matter, it will come back up no matter what.
I bought MRVL at 190, and two days later it was 340. I bought MU at 665, and after Trump announced, it went to 1200. If I hadn't treated it as value investing, I would have left early.
I used to feel anxious seeing others make money, wondering why they could and I couldn't. Now I understand, just do your own thing. I used to have a bit of arrogance in my tweets, and I won't make extreme statements anymore.
At the lowest point at the beginning of this year, I only had about 2.5 million yuan in the circle, and I played up to 7 million yuan. This time losing it all, I'll just take it as a lesson.
Take all this as life experience. It's just that at my early 20s, I've experienced more than others, and the price I've paid is higher.
Today, Hynix pulling up like this is pretty good. My mindset hasn't fluctuated much. No need to think about catching it; I can travel and adjust my state peacefully.
Later, I should switch to another account and address to play. I won't continue with the current position. The money lost this time may really take a long time to earn back, but life is still long.
Here's a picture for those who mocked me.
See you after the trip, continuing to reflect.
The darkest moment in life
I lost about 60 million in the past month. It's not exactly bankruptcy, but the last time I felt this bad was when I was liquidated in high school.
However, I kept 20 million in fixed assets as emergency funds.
After trading for so long, this was the only trade where I didn't set a stop-loss price.
One wave wiped me out. I'll take a break for a while. As for whether I'll trade again in the future, I'm not sure.
The lesson is too harsh. Koreans are ruthless. If I had held Micron bought at 660, I wouldn't have lost so completely. But life has no "ifs." You have to accept the loss. This time, I don't even have the courage to start over.
Only when life hits rock bottom do you know which friends are sincere. Many friends lent me 1 to 3 million. After stopping losses, I paid them all back.
I haven't slept well for a month, but I'm also relieved. I don't know how long it will take to get over this.
All along, my purpose in making money was to help those around me have a safety net. This time, I lost completely.
