Real Crypto Wealth Story Contract Liquidation Record February 3 2025

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

I refuse to accept this. Why have I failed so miserably?
From a small-town exam warrior to admission at Wuhan University, then as a graduate student at the University of Hong Kong, I clearly exerted effort 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 liberating compared to a job, as I was working for myself. During that period, I earned some profits and connected with a group of friends, sharing opportunities and enjoying time together.

From the start to the end of the year, my performance was strong, accumulating over a million yuan, but I never withdrew any funds. Come December, I lost my rhythm in the market's competitive dynamics 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 wasn't excessive—less than 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 endure 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; every time I open the exchange, I see my account plummeting. Explaining my work to relatives and friends feels feeble—I'm exhausted daily, but without earnings, life is tough, and I face mockery like "studied so much but still no stable job."

I genuinely 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 truly make money?

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

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