2025-12-29 16:22:15

Real Trading Record Update Day 29

Account Status: Initial capital of $905, current balance $874
Yesterday's close: $900, today dropped below the $900 mark

Today's Trading Summary:
Short positions: None
Closed positions: Cleared some small altcoin holdings

Honestly, today's loss was quite severe. An extreme market move in a small altcoin blew up the account and triggered a forced liquidation. Through this painful lesson, I realized one thing — frequently switching between altcoins is essentially gambling against probabilities, and the odds are definitely not in retail investors' favor.

So the clear strategy moving forward is: focus solely on Bitcoin, using 10x and 25x leverage for directional trading. The logic is simple — highest liquidity, most regular volatility, and most transparent information. Compared to the black swan events of altcoins, BTC at least allows for a more peaceful sleep.

I will continue to update the trading process and hope to learn and grow from this experience.

BTC-3,06%

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OnchainHolmes

· 13h ago

The whole thing about altcoins is really a trap; I've been burned by it too.

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SmartContractPlumber

· 13h ago

Liquidation... it's a matter of permission control failure. The liquidity vulnerabilities of altcoins are even more deadly than contract re-entrancy, really. BTC is indeed more predictable, but 25x leverage is still a gamble with your life.

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SleepyArbCat