The Bitcoin bull market is finally here!
When Bitcoin continued to break new highs, Moments of Friends and mainstream media began to be screened by Bitcoin’s skyrocketing. Under the skyrocketing, it was the joy and carnival of the Amber people. However, in the shadow of laughter, it was the desolation and anxiety of a group of people.
Some people’s hard-earned bitcoins are disappearing;
Some people jumped and moved positions repeatedly in the bull market, and eventually underperformed Bitcoin’s gains;
Some people look at others making money more uncomfortable than losing money, and look forward to a plunge to relieve their anxiety;
Some people have witnessed the chaos in many industries, and feel that the bull market is more and more vicious, and are determined to leave the industry;
Some people even go short in the bull market, become cannon fodder, and dare not go home during the New Year;
…
Bitcoin is coming and they are not happy!
Liu Lei Individual Investor
“I finished 3 bitcoins”
In 2019, relying on personal hard work and constantly brainwashing myself to “hoard coins to get rich”, I finally accumulated 3 bitcoins.
In 2020, three bitcoins were harvested by three sickles. I, without bitcoins, cried in the bull market.
First cut, FCoin.
I am an early user of FCoin. I started trading and mining at FCoin in 2018. Later, FCoin opened financial management functions and wealth management mining. I started to use FCoin as a platform for hoarding coins and put a bitcoin on FCoin. The annualized return is close to 10%. At that time, in my opinion, this is a prudent financial investment, which is more rational than those who speculate on coins.
Until Zhang Jian sent out the letter “FCoin Truth”, I still remember the beginning, “The road to hell is paved with goodwill.” I felt Zhang Jian’s malice. After FCoin ran away, a bitcoin was like this. No, it was exchanged for more than 4,000 FUSD (debt dollar tokens) at market prices in March, which could not be realized.
The evil of FCoin is endless.
Stocking bitcoin is low risk and low return (BTC standard); using bitcoin as a contract is high risk and high return; using bitcoin for financial management on a small exchange is the same as investing in P2P, which is high risk and low return.
In any case, I hope the bad guys will be punished and give me a chance. I will break the net with Zhang Jianyu.
The second cut, the contract.
At the beginning of 2020, watching that Bitcoin is about to halve, I feel that there will be a small bull market, and I have to catch up.
So in early March, it took 0.6 Bitcoin to open a 3x long contract on the exchange.
10 times the contract is a gambler, I thought, I only have 3 times, so I won’t be liquidated, and it doesn’t hurt to make less.
Then it was 3.12. On that day, I continued to receive greeting messages from the exchange, which was kind and sad.
0.6 Bitcoin disappeared.
The third cut, domestic altcoins.
Around July, the DeFi wave was fierce, but Bitcoin has always been Buddhist, and there was no much movement. I was anxious looking at others mining to make money, and it was more uncomfortable than losing money myself.
I couldn’t sit still, I had to shoot, and then a friend sent a message.
A friend told me that he got inside information from a friend of the project party that a certain domestic DeFi coin is going to a big place. The founder of the project said that they are going to increase it by about 5 times.
After getting the secret code, I thought I was on the fortune train. I didn’t expect to find that it was a hearse halfway through.
After I bought in a light position, it started to rise. I naively thought that it would really rise several times, so I increased my chips to enter the market, bought close to one bitcoin (the bitcoin price was around 10,000 US dollars at the time), and then started the big move. Callback, I think it is a shuffle, continue to attract money…
It plummeted, continued to plummet, and plummeted again… 80% lower than the cost price, and then Bitcoin started the rocket mode, To Da Moon.
The 200,000 bitcoins are gone, leaving behind a pile of altcoins worth 6000 RMB.
Exchanges run away, contracts burst, altcoins… three sickles, to cheat, sneak attack, and harvest my bitcoins, without any morality.
The excitement of the bull market is theirs, it has nothing to do with me, just as a warning, to warn future generations.
“Watching others make money is more uncomfortable than losing money yourself”
The Bitcoin bull market is coming and I am very anxious.
The reason must be because I did not earn enough, the entire market rose by more than 400%, and my rate of return was not 400%.
The main reason is that you have not kept up with your own perceptions, leading to shorting, selling, altcoin losses, and contract liquidation, which will allow you to reduce your principal, reduce profits, and hand over your bargaining chips in the bull market.
A wave of warehouse explosion in 312; DeFi liquidity mining was hot in September, Fomo was in a mood, and bought a bunch of pearl kimchi carrots, losing money; Bitcoin was also sold at 13 thousand…
Looking back, almost all altcoins have hit record lows against BTC.
In the future, learn lessons and strive to gradually exchange profits into BTC, and then put it into wealth management or mining, and keep hoarding coins.
In short, all transactions are based on Bitcoin and Ethereum, and the goal is to earn more Bitcoin and Ethereum.
“The bull market is coming, I am going to leave”
The first reaction is that someone else has made money, but you have not made it, and outsiders think you have made it.
During the bear market from 2018 to 2019, an amber group was saying, when will the bull market come and will Bitcoin rush to US$100,000?
At that time, I thought it was impossible. On the one hand, I was too short-sighted. On the other hand, I didn’t believe this at all.
In fact, I still don’t believe in Bitcoin. In my eyes, the reason why Bitcoin has risen is because the real world is too messy. Bitcoin is like the tumor of the world. The sicker the world, the more it expands.
Amber has many “short-sighted” people like me. I have added dozens of investment groups for work reasons. Every day everyone talks about trivial and trivial things. At the beginning of 2018, everyone was still talking about blockchain philosophy. Elevate yourself and elevate the blockchain. Now everyone is open to the rumors outside the circle-anyway, it is me who makes money.
Those who truly believe in, study the blockchain, and can speak the technology to the top, basically do not speculate (or do not promote speculation).
Basically, it is the stakeholders who make the price of the currency and Bitcoin soaring all day long.
In the past three years of Amber, from the oxtail to the bear market, and then to the new round of bull market, it can be regarded as the completion of a cycle of conversion. Over the past three years, I have witnessed the rise of new Amber bosses, some people get rich and retreat, and the people around them gradually get rich. They have also witnessed suicides with single bosses, former friends’ rebelliousness, and killing their own daughters and then committing suicide after exploding.
Those who are still investing in Amber are still struggling for a car and a house.
The bull market is coming, why am I unhappy?
Probably because in the bear market, everyone can sit together and discuss the future seriously. When the bull market comes, everyone has become hideous, for the same goal: to make money.
But after earning money or earning a temporary amount of money, will it be satisfied? As a retail investor who has not made any money, I don’t seem to be qualified to answer this question, but I am willing to go out of the circle and see more possibilities.
There is a bigger world outside. In terms of making money, NIO’s share price has doubled 20 times in the past year. Isn’t it more promising than Bitcoin?
“I miss the bear market more than the bull market”
To be honest, I still miss the bear market more than the bull market. Although I didn’t make a lot of money, I have a peaceful mind. I eat and sleep, exercise, and work normally every day. I have a very happy life. When the bull market comes, I feel FOMO every day. They are all excited and anxious, their heart beats significantly faster, and they can’t sleep at night. If this continues, they will age much faster.
Happiness is all based on comparison. Everyone in the bear market doesn’t make much money, and you won’t lose. But when the bull market comes, some people are lucky or have enough knowledge, seize the opportunity, take off immediately, and have financial freedom. Left behind, this psychological gap makes people particularly uncomfortable.
Although I have also made money, I am still very anxious and painful watching people around me make more money. Especially when I see that the person I brought into Amber makes a lot more money than me, I am particularly unbalanced.
When Bitcoin plummeted a few days ago, although I lost money, I felt happy and relaxed. My psychology was really abnormal.
I face my own human weakness, I just don’t see other people’s goodness, I am rich and smile, others are rich in MMP.
Let me adjust my mind slowly.
Ji Yu Investor
“It’s careless, it’s in the wrong direction”
The bull market came, and I was crying stupidly by myself.
I have been watching more bitcoins, hoarding coins while doing more contracts. Until one night, I drank alcohol and opened an order before going to bed. I wanted to open a long order, but accidentally opened the wrong direction. , It turned into an empty order, and when I woke up the next morning, I lost 0.4 bitcoin directly. I was so angry that I didn’t eat much all day.
Don’t drive after drinking, and don’t make bills. It’s easy to get a car accident.
A Bing individual investor who dare not go home
“Become cannon fodder in the bull market”
The bull market came, and I went bankrupt because I was short.
Because my principal is very small, the futures market is an opportunity for me to make small moves. As I am used to the inertia of Bitcoin’s rallies in the past two years, in this wave of market, I am also empty every rallies. The empty order was stuck, and then continued to increase the position. Finally, when Bitcoin broke through 30,000 US dollars, all the positions were blown up. The savings for a year were gone, and it became the cannon fodder in the bull market.
I know the truth, but I still became a gambler. My high school classmates thought I had made a fortune by frying Bitcoin. Now I am especially sorry to my family. I dare not go back to my hometown this year. Let me be quiet.
In fact, I have always been optimistic about Bitcoin, but I have developed path dependence after short-selling and making money. How did it come and how to return it in the end.
