I really took a huge hit with this SUI coin.



Back in May, I was full of confidence and went long with a heavy position, stubbornly holding on for 38 days, only to watch $34,999 evaporate from my account. In July, still unconvinced, I went all-in long again, held on for over 3 months, and lost another $4,990.

On October 22nd, I couldn't resist and went long again, losing $1,373. Tried again a week later and lost another $3,429. On October 31st, I finally caught a rebound and made $931—a drop in the bucket, not even enough to cover the previous losses.

At the beginning of November, I impulsively went long again and lost $619. Finally, on November 3rd, I switched to shorting and miraculously made $2,184 (damn rare). Then on the 4th, I opened two short positions: one made a measly $10 (what a joke), the other lost $1,166.

November 5th was even crazier: lost $2,351 on a short, made $813 on another short, and made $896 on a long—felt like a rollercoaster going back and forth. On the 6th, I went long and lost another $744, and on the 8th, shorted and lost $1,379.

November 21st was the highlight! Nailed a perfect short and made $8,406. But I got overexcited, immediately flipped to long on the 22nd, and lost $4,638 on two trades. Shorted again on the 24th and lost $3,010, and kept shorting on the 25th and lost another $4,044.

Total loss: $49,526.

No wonder some platform gave me a risk control score of only 20 (extremely low)—if this isn’t reckless, I don’t know what is.
SUI-2.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
BridgeJumpervip
· 12-12 19:19
This is a typical case of chasing gains and panicking during declines—making a quick profit one moment and holding through the losses the next. It's not just you; many in our circle are the same. This SUI thing really can drive people crazy. The 50,000 yuan tuition fee is a bit expensive, but at least I learned my lesson. Next time, I need to remember better and not be so stubborn.
View OriginalReply0
ParanoiaKingvip
· 12-11 19:03
Oh man, this is what you call going all-in and getting addicted, haha SUI is really a psychological torment machine, just look at your account name to know 38 days evaporated $34,999, I even took off my pants Making ten bucks at a time is incredible, hilarious, it's like playing with yourself Risk score is 20 points, bro, are you doing extreme sports?
View OriginalReply0
SquidTeachervip
· 12-10 10:12
Bro, how much trouble do you go through? Making over 8,000 and then giving it right back, that's really a skill.
View OriginalReply0
TradingNightmarevip
· 12-09 20:16
Damn, just like that, $50,000 is gone? I gotta tell you, man, you should stop messing with SUI. --- This guy really embodies the meaning of "chasing losses" to the fullest. --- You should've cashed out when you made $8,400, but you just had to go long right after—that's asking for trouble. --- Honestly, saying your risk control is 20 out of 100 is overestimating you. --- It's clear you have a gambler's mentality—make money once and you want to double up, but you just keep getting liquidated over and over. --- SUI is definitely a trap, but your trading style is an even bigger pitfall. --- $49,526... that's months' worth of salary... feels bad. --- After all this back and forth, you'd have been better off just going all-in short from the start and holding. --- Seriously, some coins are just kryptonite for certain people. You should cut your losses while you can. --- Just looking at your account name, "Nightmare Maker," you really know how to make nightmares for yourself.
View OriginalReply0
ShadowStakervip
· 12-09 20:15
nah this is just pure emotional trading wrapped in hopium, the validator attrition in sui's ecosystem probably mirrors your account drawdown at this point tbh
Reply0
CoffeeNFTsvip
· 12-09 20:13
This guy is talking about me, seriously. I make a quick profit and start showing off, but when I lose, it just never ends.
View OriginalReply0
CodeZeroBasisvip
· 12-09 20:03
Damn, these loss figures are making my scalp tingle.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)