Let me talk about my recent situation and plans.

At the beginning of last month, I borrowed money to go all-in bottom fishing and blew up over 300,000. I was in despair at that time. I sold the car I was proud of and saved up some money. By the end of the month, I still had a debt of 120k.

On the night when Ethereum was at 1530, I was strongly bullish. Here I broke the rule again. I took out 160k from an online business loan and went all-in bottom fishing. I rolled my position long from 1530 to 1580. At that time, I must have made 30,000 USDT in profit. I decisively used the money to pay off my debts, and from then on, all my debts were cleared.

By the beginning of July, I had about 4,000 USDT left in the exchange. I kept going long all the way, and now I have 32,000 USDT. It’s really not easy.

It feels like a lot happened this past month, but at the same time, it feels like nothing happened.

And this time gave me two profound lessons:
1. The success rate of heavily all-in is too low. If you go all-in 10 times, you might be right only 2 or 3 times. The risk-reward ratio is too low.
2. Never borrow money to go all-in. This is a mistake many people make. Never borrow money, because it's a bottomless pit. If you lose spare money trading crypto, you can calm down and wait for the next opportunity. But borrowing to trade crypto gives you the illusion of unlimited bullets, and you keep losing until you can't borrow anymore. If you end up losing it all, I think what awaits you is an endless abyss.

Next, I will continue to do well with my copy trading. Everyone can witness my growth. I also want to repeat four words to my future self:

Slow is smooth, smooth is fast!