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You might not believe it when I say this, but I watched my account several times—growing from a principal of 7,600U to 380,000U. The growth curve was so steep that I was a bit stunned.
The story begins on the 7th. That day, I was watching the FHE chart, and at the price of 0.162, I thought there was potential, so I tentatively opened a long position. Who knew this thing was like it had been injected with chicken blood, soaring all the way to 0.41 before taking a breather. Seeing the momentum was not right, I quickly took profit, pocketing 100,000U. At that moment, I only had one thought: this luck is incredible, right?
But then came the dramatic part—the next day, it retraced to 0.34, and I got itchy again. This time, even more outrageous, it shot up to a high of 0.48. Another round of taking profit, and my account added another 150,000U. Eating two bites of meat, honestly, my heart was pounding.
At this point, I calmed down. The 0.47 level was obviously overextended; market sentiment was too euphoric, which was actually dangerous. Decisively, I reversed and went short. That night, a large bearish candlestick directly smashed the price down to 0.27. This trade again harvested 130,000U. Three smooth operations, and the account balance no longer looked like my own.
Now, I am waiting for the next suitable entry point. This round of FHE trading made me realize one thing—altcoin explosions can indeed be terrifyingly fierce, but you have to hit the right timing. When the market is filled with FOMO, the profit potential on swings is beyond imagination.
But here’s the harsh truth: rapid rises and falls are a double-edged sword. I got quite lucky this time; if I had guessed the wrong direction, the retracement could have been painful. So if you want to follow along, remember two words—control your position size. Don’t let temporary paper profits make you lose your head, ending up losing your principal.