I made more than 2x this November, then lost half of it by January 2025

By B. Em | Stack of Sticks | 15 Jan 2025



So I got fully in the market a few days before the U.S election results, as we all know on Nov 5th, after the election the market went bull-mode, I saw my investments rise, for a full month, then I got weary, so I pulled out on time before the market crashed, but after some time when the market bottomed out I went LONG using 5x leverage, I think I was right in LONGING the market, but I made a mistake by borrowing 5x the amount, because I went LONG on BONK when it was around 3000 and my liquidation price was around 2490, it dipped to 2490 on January 13th and my position was liquidated and now its shot back up to almost 3000 again. So all in all I did make more than double my investment in one month but lost about half of it by using too much leverage, It is a lesson learned, and am grateful that I learned something from the loss. Im posting this because I dont want to just share my wins in crypto but I also want to share times where there may be losses. I will stay away from trying to make that money back and will remain level headed and will fully re-enter the market when the conditions are optimal. Thanks for reading.

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B. Em
B. Em

Believer of freedom


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