These past few years in the crypto world have made me realize what "greed" truly means. In the end, I couldn't resist anymore; the market was too painful, I saw no hope, and my funds were tightening. I decided to cut my losses and exit.

I want to share how I gradually fell into these traps, maybe it will serve as a warning for you.

During the 2021 bull run, seeing Bitcoin and altcoins skyrocket, I also jumped in with the trend. I bought after May 19th, and at that time, I did make some money. But my mind was too stubborn, convinced that Bitcoin could rise to $100,000, so I held on without selling. As a result, the market kept falling along with the bear trend.

The lesson is simple: during a bull market, you must take profits in time; otherwise, the gains you worked for can disappear in an instant. I've seen experienced traders lose millions of floating profits because they didn't sell timely—that kind of pain is beyond words.

In 2022, I was actually thinking about adding to my positions, but seeing the market conditions, I felt too timid and just lay low, not looking at it.

By June 2023, a friend told me the market was about to turn around, and I could start deploying. I got excited and increased my investments, buying some coins with him. After that, I basically didn't touch them, only occasionally glanced at my holdings.

In November 2024, the crypto market suddenly entered a small bull run, with many coins doubling or tripling in a month. My principal also tripled. At this point, I became completely greedy, thinking that 2025 would definitely bring a big bull market, and my profits could grow even more.

With this mindset, I made the stupidest decision of my life: borrowing money to invest.

I had always told others that investing should only use idle funds—that's the bottom line. But once the bull market hit, my mind lost clarity, and I forgot all my principles. Honestly, the market can truly amplify human greed infinitely.

After borrowing money, I immediately recharged and increased my positions. But within a few days, the market turned, and I sensed something was wrong. I chose to wait and didn't go all-in.

By May 2025, another wave of market rally came, and I thought the opportunity was here again, but...

Looking back now, from 2021 onwards, the biggest lesson I learned is what risk really means. Taking profits isn't greed, and borrowing to invest is pushing yourself into a fire pit. I hope you can learn from my mistakes.