I know a great guy in the crypto who was almost at the A9 level at his peak, but he's not doing so well now. Back then, I was young and impetuous, and lacked financial management skills. I really didn't value money. It was normal for me to spend tens of thousands or even hundreds of thousands of yuan to sing a song in one night. I could spend millions of yuan on a girl I liked. It was a bull market at the time, and the market was booming. It wouldn't be an exaggeration to say that we were making a fortune every day, so we spent money without restraint. Then the bear market came, and both contracts and spot trading resulted in losses, causing his net worth to shrink significantly. Later, due to other events, he suffered a complete defeat. There are also some less familiar ones, mostly A8 players, who have disappeared without a trace, probably having lost all their money and retired from the scene. Making money in the crypto can be fast, but losing it can be even faster. People who enter the market back then rarely have financial awareness or ability; they are basically like nouveau riche who spend their money in reckless spending. Making money in the crypto is a skill, but holding onto it is an even greater skill. Perhaps you haven't made money yet, but you will one day. The sniper god hopes you can hold on, and the only way to do that is to withdraw in batches.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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