A couple of days ago, I participated in the spot trading competition and finally received a reward of 54,130 XPL. To be honest, the process was a bit heartbreaking — I spent $8,000 just on transaction fees, and during that time, I also lost over $1,000. What's more regrettable is that I hedged too early.

But looking back now, those over 5,000 XPL I held have already increased in value to over $8,700. If I had held on until now, that would have been great — not only breaking even but also earning a few hundred dollars more. This is the magic of the crypto world — sometimes a slight difference in timing can lead to huge differences in returns. Someone asked me if I regret it; instead of regretting, I prefer to take this as a lesson and join the next trading competition.