True Crypto Wealth Chronicle Contract Liquidation February 3 2025

2025.2.3
Outside, a light drizzle falls, leaving the streets nearly deserted; only a few solitary umbrellas drift slowly. On my phone screen, news flashes of Ethereum's sharp decline, and my account balance has dwindled to three digits. The bleakness outside mirrors my own downfall.

I refuse to accept this. Why have I failed so utterly?
From a small-town exam warrior to admission at Wuhan University, then a graduate student at the University of Hong Kong, I clearly worked diligently at every step. Yet now, I have lost everything.

Last year, I quit my job and plunged into the crypto world with 200,000 yuan saved over eighteen months. Initially, everything seemed promising. Daily market watching, project research, and trend analysis felt freer than traditional work because I was building for myself. During that period, I earned profits and connected with friends who shared opportunities and camaraderie.

From the start to year's end, my performance was strong, accumulating over a million yuan, but I never withdrew. By December, I lost my market rhythm amid intense competition and predicted an altcoin surge, leading me to bottom-fish BOME. I dreamed of replicating last year's PEPE miracle, buying from 0.008 down to 0.003, but this morning's crash liquidated my position. My leverage was modest, under 3x.

I bet everything, yet still lost it all.

The irony deepens: I convinced my parents to bottom-fish with me, purchasing $bome from 0.004 down to 0.003, and as of today, it has nearly halved. I could bear my own loss, but dragging my parents down makes me feel like a complete failure. Sigh.

This New Year feels like sitting on pins and needles; each time I open the exchange, my account plummets. Explaining my work to relatives and friends feels weak—despite daily exhaustion, I earned nothing, life is tough, and I face mockery like "studied so much but still no stable job."

I truly wonder, who can still profit from trading? Coins that drop 5x then plunge another 4x, or plummet 4-5x upon listing? Under such conditions, does anyone genuinely make money?

Now, my emotions are complex—unwilling yet confused and adrift. I feel I tried hard, but results betray me. Goals that once ignited passion now resemble rain-soaked paper, blurred and aimless. I don't know where to go next or if I can rise again.

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