Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Take out that crumpled little receipt, which says "Convenience Store Oden - 3.5 yuan".



Don't laugh. Back then, I lost so much in the cryptocurrency market that I was left with just my underwear. Even buying a skewer of oden required careful consideration—should I add a fish ball? Forget it, I'll save the 50 cents for tomorrow's breakfast.

As someone born in the 90s, I used to rent a top-floor compartment in an urban village for six hundred yuan, with my head filled with daydreams of "getting rich through crypto assets." As a result, in the first four years, 50,000 USDT went to zero. The pitfalls I've encountered? They could fill an entire street: a little-known platform ran away with my funds, taking half of my belongings; I got liquidated twice after chasing highs, leaving my account balance with just a few cents; at my lowest, the landlord blocked the door demanding rent, and I had to hide in the stairwell eating instant noodles, even hesitating for half a day before recharging my phone.

The only time that can be said to be "lucky" was probably the market crash in 2018.

I got so drunk the night before that I woke up to my phone blowing up—full of friends sending me existential questions: "Buy the dip or cut losses?" I didn’t do anything because I was completely wasted, and by a twist of fate, I avoided disaster. That day, some people in the group were showing off their doubled returns, while others said, "I’m ready to uninstall the app and go work at a factory tightening screws." I stared at the ceiling for a while, and suddenly it hit me: what luck is there in this market? It’s just that some people see risk as an opportunity, while others see opportunity as a lifeline.

In the days that followed, I quit my "all-in" gambling habit. Every day after the market closed, I would analyze the K-line charts until late at night, noting down the reasons for every failure in my notebook—gradually realizing that the market conditions that led to my liquidation actually hid certain patterns.

For example, cryptocurrencies that surged directly by over 20% in the early session...
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
  • 8
  • Repost
  • Share
Comment
0/400
ConfusedWhalevip
· 12h ago
Ah, this... 3.5 for oden, I was directly on edge. At that time, indeed, every single yuan had to be spent cautiously. You only understand what a lesson is when you end up with nothing but your underwear.
View OriginalReply0
PonziDetectorvip
· 20h ago
3.5 yuan for oden, that really was my peak consumption... Now looking at these, it's all a record of blood and tears, and every decision behind it is a lesson of Get Liquidated.
View OriginalReply0
PretendingSeriousvip
· 20h ago
It's really heartbreaking. Back then, I was also one of those people who struggled for five cents for half a day. Now, reading these stories feels like looking at my own diary.
View OriginalReply0
SmartContractPhobiavip
· 20h ago
The 3.5 yuan oden, I have bought it too... Now I finally understand that it is the best investment advice.
View OriginalReply0
TokenToastervip
· 20h ago
I’m really impressed that I can gain so many insights about life from a 3.5 yuan oden, haha.
View OriginalReply0
DecentralizeMevip
· 20h ago
3.5 yuan oden, that was a luxury for me back in the day, it hurts my heart.
View OriginalReply0
  • 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)