Warning: This isn't my post, it's BonkGuy's.
😭 Yesterday's liquidation was the most brutal event I've ever experienced in the crypto markets.
All of my futures positions were liquidated.
All of them. At the peak, my unrealized profits (uPnL) were in the eight figures, over $30 million.
Just before the liquidation, my position was worth over $15 million.
All of my futures positions were wiped out. I also lost about 80% of my $ASTER position, which I had collateralized in a DeFi lending protocol.
I want to make a few things clear:
I don't want sympathy.
Thank you, but you don't need to pity me.
I don't need donations or financial help.
It was a huge loss, but I'm fine.
And I'm mentally very stable.
It's hard to believe, but it really is.
I've always been less obsessed with money or material things,
and that's why I can persevere in situations like this. Ultimately, my $BONK trade was a trade that took me from $16,000 to an eight-figure profit. All I have to do is repeat it. My Perspective on the Market
I still don't believe the bull run is over. I still believe a rally in Q4 is possible.
Therefore, my plan is simple:
Dig deeper, persevere, and enjoy the process. The crypto market is always full of new opportunities—
every day, every week, every month. I love challenges,
and this is just another one.
This incident didn't weaken my resolve.
In fact, it strengthened my resolve to get back up.
I will definitely get back up and recover more than I lost. To those in the same situation:
Hold on.
Survive.
Never give up.
If you need to rest, rest.
If you can't hold on, seek help.
Above all, prioritize your health and mental well-being.
It may not feel real yet,
but the survival philosophy I always keep in mind is this:
"Until it happens, it's just numbers on a screen."
Once it happens, it will become reality,
but for now, thinking that way is the only way to endure this situation.
You've done it once. You can do it again.
The real payoff of this cycle is yet to come.
We will all make it.
And I will be with you on that journey.
Finally, there's only one lesson I've learned from this experience:
"No matter how thoroughly you prepare, you can never completely avoid systemic shocks. But you can control your 'response.'"
With that truth in mind,
I will rebuild my framework.
I'm once again an underdog.
But this isn't the end.
