Speaking of my years in the crypto world, I've truly seen the depths of human nature.



Let's go back to autumn 2017. At that time, I had 8,000 USDT in hand, watching Bitcoin soar, and the entire market was talking about wealth myths. I followed the trend and went all-in on a few altcoins, and within two weeks, my account grew to 30,000 USDT. I truly felt I was chosen by the heavens. But after a wave of correction during the Spring Festival, I was wiped out, with my account halved and liquidated.

I didn't give up. In 2019, I re-entered the market, this time smarter — setting a 10% stop-loss on every trade, which sounded foolproof. But when a big bullish candle for Bitcoin appeared, my stop-loss was directly broken. Sitting on the subway looking at my loss, I realized a problem: discipline can't control desire. The real trap is never on the candlestick chart, but in that voice saying "a little more."

The craziest was the DeFi boom in 2020. A YFI clone project, investing 15,000 USDT, and it multiplied six times in 24 hours, pushing my account to 90,000 USDT. Just as I was thinking about cashing out, the project team ran off, and my 90,000 instantly shrank to 87 dollars. Sitting in a convenience store at that moment, I actually laughed — this is the most authentic lesson in the crypto world.

Having experienced several big ups and downs, I finally understand: the biggest enemy in this market isn't price fluctuations, but that unquenchable fire within human nature. The cost of greed is paid with real gold and silver as tuition.
BTC1,61%
YFI7,76%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
MEVHunterWangvip
· 9h ago
Oh no, it's the same old "human nature" argument again. But what is the truth? Greed is a common thing—hasn't every crypto person experienced it? The key is whether you make it out alive.
View OriginalReply0
HashRateHermitvip
· 9h ago
90,000 yuan, 87 yuan, it's truly a textbook-level story in the crypto world. Laughing is the correct reaction.
View OriginalReply0
TrustMeBrovip
· 9h ago
The story about the 87 yuan really blew my mind, I couldn't help but laugh... This is the most expensive lesson the crypto world has ever given us.
View OriginalReply0
SelfRuggervip
· 9h ago
The part where 90,000 yuan turned into 87 yuan overnight is incredible. I understand the feeling of accepting reality with a smile.
View OriginalReply0
AllTalkLongTradervip
· 9h ago
To be honest, your story just makes me think of my own foolishness back in the day. That "a little more" really is poison; I fell for it every time.
View OriginalReply0
ShadowStakervip
· 9h ago
ngl the "just one more trade" part hits different... that's where the real slashing happens, not on any chart. seen too many validators get liquidated by their own greed mechanics tbh
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)