2025.2.3
Outside the window, the fine rain drizzles, the streets are empty and deserted, with only a few lonely umbrellas slowly drifting. 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 my inner despair, creating a bleak picture.
I am unwilling to accept this; how did I end 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 saved over a year and a half. At first, everything seemed incredibly good. I monitored the market daily, 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 each other's company.
From the beginning of the year to the end, my performance was consistently good, accumulating over a million in profits, but I never withdrew any. Until December, I gradually fell behind the fast-paced market, and with the judgment that altcoins were about to explode, I decided to bottom-fish BOME. I fantasized about replicating last year's PEPE miracle, buying from 0.008 all the way down to 0.003, but the crash this morning directly wiped me out. 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 had my parents bottom-fish, letting them buy $bome starting from 0.004, averaging down to 0.003, and now it has nearly halved. I have already lost enough money myself, and now I've dragged my parents into losses as well; 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 hear 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 the bone every day, yet I earn no money, my life is a mess, and I invite ridicule from relatives saying, "After studying so much, you still don't have a stable job."
I am really curious, who can still make money on the exchange? If the coin price drops five times, can it drop another four times? New coins go live and plummet four to five times? In this situation, can anyone really enter the market and profit?
My feelings at this moment are complex and hard to express, 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 resemble paper soaked in rain, blurred and unclear in direction. I don't know where to go next, nor if I can regain my spirits.
from - @哪吒 Sigma Hunter
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