From Burning a Futures Account to Understanding the Crypto Market

1. Chasing Quick Riches

In 2020, I was introduced to the financial market—specifically crypto futures trading—by a close friend. Driven by the dream of getting rich fast, I deposited nearly all my savings into Binance, hoping for a life-changing windfall.

2. Early Failures

I kept losing. Holding onto losing trades felt like hugging a cactus—painful and pointless. Every time the price moved against me, I doubled down instead of cutting losses. Eventually, my account got liquidated.

3. The Harsh Truth

After my losses, I realized that trading isn’t a shortcut to wealth. Success stories often hide the painful truths of failure, discipline, and long hours of study behind the scenes.

4. The Power of Psychology

I learned that mindset matters more than predictions. Emotions, impatience, and greed are the biggest enemies in trading. Developing patience, discipline, and emotional control became my new focus.

5. A New Journey Begins

With a fresh perspective, I re-entered the market not as a gambler, but as a learner. I no longer see trading as a get-rich-quick scheme but as a journey of growth, resilience, and experience.