It's actually quite frustrating. When things are going well, everything goes smoothly; when things are going badly, nothing you do goes right.
A few days ago, I had a 2x leveraged GIGGLE at 111 yuan. After holding it for a few days, it finally reached 160 yuan. I thought it would continue to rise to the previous high. Looks like I was too naive. I woke up this morning to find Bitcoin had dropped by one coin, and GIGGLE was dragged down with it. That evening, after the number of GIGGLE sell-offs and donations were announced, it dropped again, directly causing me a loss of 2000 USDT.
Meanwhile, my 2x and 2.2x Aster futures with cost basis of 1.14 and 1.24 respectively crashed. From the high of 1.44, the drop was about 37%. Manually lost 5,000-6,000 USDT
And some other miscellaneous losses,
adding it all up, it's another 10,000 USD 🫠
This period has really been unlucky.
I shouldn't have gone against the market.
The market clearly knew it was going to fall,
but I was still buying into these supposedly hot altcoins,
naively thinking, "It's different!"
The biggest lesson of 2025 is
"Altcoins are ultimately just garbage."
Everyone should focus on their core business from now on,
and use AI to create potential money-making opportunities.
The crypto market is really tough right now.
Let's wait until Bitcoin drops to around 73,000,
and then observe whether it has stopped falling.