I lost almost $700 in this liquidation, which was all the funds in my contract account. Honestly, it's quite frustrating.
Since the day before yesterday, I started by opening a meme coin contract. I wasn't mentally prepared at all, and instead, I got more and more hooked. Since I had already opened it, I thought, why not continue—buy some Bitcoin and Ethereum too. That was my mistake.
The real problem isn't the market; it's my own state of mind. When I'm in a bad mental state, I can forget even the most basic trading logic. I had initially promised never to touch meme coin contracts, but I broke that promise within two or three days. Even worse, once I opened the first position, my judgment completely collapsed. I hit stop-loss two or three times in a row, each time driven by my emotional state.
Looking back now, it's just poor execution. Once the rules are set, they must be followed; you can't change your mind because of emotional fluctuations. The cost of this loss wasn't cheap, but it's a tuition fee paid. I will never make this mistake again. I will be back.
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Degentleman
· 2025-12-20 03:49
Mindset really can ruin everything, and I’ve fallen for it too.
Bro, you’ve lost clearly this time, but it’s better than never knowing what went wrong.
Honestly, I can’t quit the fake contracts either.
This is a big trap; only after falling in do you understand the meaning of the rules.
Anyone can talk about plans on paper, but once leverage is involved, true colors show.
Seven or eight hundred in tuition is cheap; some people lose even more before they wake up.
Next time, really don’t say "next time I definitely won’t," because saying it over and over is just useless.
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TokenCreatorOP
· 2025-12-19 21:37
Mindset is really the contract Grim Reaper; in the end, it's always oneself who gets played to death.
Another "Next time I won't," I hope you can really hold back this time.
Spending over $700 for a lesson, still a cheap price.
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TradFiRefugee
· 2025-12-17 23:51
It's always a mindset issue that ruins everything, haha I know this story too well.
This kind of situation where it doesn't stop from the beginning, and the more tricks you use, once you start talking you can't stop...
Spending seven or eight hundred dollars for a chance to thoroughly understand yourself isn't really a bad deal. The key is whether you can really do it next time?
Mindset is easy to talk about, but when the time comes... never mind, I wish you a quick return to profitability.
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RunWithRugs
· 2025-12-17 23:31
This is a classic case of getting carried away. Fake contracts are truly poison.
Exactly, losing your composure makes everything pointless. No matter how beautifully the rules are written, they are useless.
Eight hundred dollars hurts, but your awareness is still there, which is better than most people.
Next time, really don't touch fake contracts. These things are monsters that eat away at your mindset.
Regain your health, and remember this lesson is more valuable than anything.
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MerkleDreamer
· 2025-12-17 23:29
This is a typical gambler's mentality. After losing once, they shout they'll never do it again, but what's the result?
How can someone who has been chasing and learning for two months possibly understand it in just a few days?
I lost almost $700 in this liquidation, which was all the funds in my contract account. Honestly, it's quite frustrating.
Since the day before yesterday, I started by opening a meme coin contract. I wasn't mentally prepared at all, and instead, I got more and more hooked. Since I had already opened it, I thought, why not continue—buy some Bitcoin and Ethereum too. That was my mistake.
The real problem isn't the market; it's my own state of mind. When I'm in a bad mental state, I can forget even the most basic trading logic. I had initially promised never to touch meme coin contracts, but I broke that promise within two or three days. Even worse, once I opened the first position, my judgment completely collapsed. I hit stop-loss two or three times in a row, each time driven by my emotional state.
Looking back now, it's just poor execution. Once the rules are set, they must be followed; you can't change your mind because of emotional fluctuations. The cost of this loss wasn't cheap, but it's a tuition fee paid. I will never make this mistake again. I will be back.