What is it like to be woken up by a phone call at three in the morning?
That guy is a young man from Zhejiang, his voice was split: "Sister... the 60,000 U gift money is gone."
I asked him to send a screenshot. At a glance: ZEC, full position, 5x leverage, stop loss? Not a thing. A few points of pullback, and the account goes straight to zero.
Many people love to blame the market for its cruelty. But to put it simply, what truly matters is that moment when you throw all your savings into it.
Going all in isn't called courage, it's called a suicidal charge.
Let me put it another way, and you'll understand:
In contracts, the core issue is not how much you earn, but how long you can survive.
800U full shuttle 5 times, if you move in the opposite direction by 6%, you will become a memorial photo on the K-line. But if you only take 10% to test the waters, even if the market goes crazy, you still have 9 chances to start over. This is not just motivational talk, it's mathematics - the risk resistance ability is more than ten times worse.
I have also stepped into pitfalls myself and my account has been severely injured. Later, I climbed out relying on three strict rules, and I haven't blown up since.
**1. Single position ≤ 10% of total funds**
You have 6000U, don't mess around with 40% or 50% risky moves. Move a maximum of 600U at a time; even if you lose, it won't hurt too much, and you can still play the next round.
**2. Stop-loss calculated in advance, loss ≤ 1% of account**
It's not about thinking of running away when the market crashes; it's about setting your exit strategy before opening a position. For example, if you open a position with 600U at 5x leverage, cut it if it hits a 1% stop loss, without any hesitation.
**Three, cannot see through = do not move**
When the trends are unclear, moving averages are chaotic, and the trading volume is weak, the smartest action is to stay in cash. It's not too late to get in once the structure is clear and the direction is established.
I have a fan who used to explode every day, but later he stubbornly focused on these three points, gradually grinding from 3000U to over 50,000. He told me a phrase: "It turns out that it's not the full position that makes you rich, but surviving."
If you take this sentence to heart, the way will be opened.
The cryptocurrency world is deep, but don't be afraid - if you have the right method, the light will shine.
Pay attention to: BAT, CKB, FUN, PARTI, MET during the day.
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HalfIsEmpty
· 11-29 23:44
60,000 USDT of betrothal money is all gone, how desperate this guy must be... going all in with 5x leverage is really like committing suicide.
If you can't see through it, don't act, this saying is spot on. I used to go all in every day too, but later I realized that being alive is much more important than making quick money.
I need to remember this rule of testing the waters with 10%, it's definitely better than a sudden blowout.
View OriginalReply0
ContractExplorer
· 11-28 08:54
The entire 60,000 dowry is gone, it hurts just to hear... But to be honest, going all-in with 5x leverage is definitely a suicidal move.
View OriginalReply0
ForkMonger
· 11-28 08:53
lol another all-in disaster... the "risk management is for peasants" crowd never learns, do they? governance attacks on your own portfolio ftw i guess
Reply0
NFTragedy
· 11-28 08:44
The 60,000 USDT bet is gone... listen to this story, using all leverage is really playing with fire.
The voice of the young man from Zhejiang was already cracking, I guess it’s not just his account going bankrupt, but his mentality is also shattered. I’ve seen too many like this, one full bet and tomorrow is gone.
To be honest, the hardest part of contracts isn’t predicting the market, it’s surviving to see the next wave. A 10% single position sounds boring, but it has really saved quite a few people.
Those three iron rules do make sense, especially "if you can’t see through it, don’t act". How many times have I avoided significant losses on the same day just because of that phrase?
Anyway, playing steadily like this is better than making a huge profit; surviving longer is more rewarding.
View OriginalReply0
quiet_lurker
· 11-28 08:42
60,000 in bride price is completely gone... it's quite harsh, but this guy just didn't take risk management seriously.
View OriginalReply0
ForkLibertarian
· 11-28 08:35
60,000 in betrothal gifts is gone... how is this guy going to tell his girlfriend? I'm embarrassed for him.
Really, going all-in isn't a gambler's spirit, it's just plain foolishness. I used to do it too, and I still feel scared thinking about it.
Surviving is the most important thing, this saying is more useful than any motivational talk.
A 10% Position really is a lifesaver, but some people just can't change this habit.
Wait, did his account recover later? Can you really turn 3000 into 50,000?
What is it like to be woken up by a phone call at three in the morning?
That guy is a young man from Zhejiang, his voice was split: "Sister... the 60,000 U gift money is gone."
I asked him to send a screenshot. At a glance: ZEC, full position, 5x leverage, stop loss? Not a thing. A few points of pullback, and the account goes straight to zero.
Many people love to blame the market for its cruelty. But to put it simply, what truly matters is that moment when you throw all your savings into it.
Going all in isn't called courage, it's called a suicidal charge.
Let me put it another way, and you'll understand:
In contracts, the core issue is not how much you earn, but how long you can survive.
800U full shuttle 5 times, if you move in the opposite direction by 6%, you will become a memorial photo on the K-line. But if you only take 10% to test the waters, even if the market goes crazy, you still have 9 chances to start over. This is not just motivational talk, it's mathematics - the risk resistance ability is more than ten times worse.
I have also stepped into pitfalls myself and my account has been severely injured. Later, I climbed out relying on three strict rules, and I haven't blown up since.
**1. Single position ≤ 10% of total funds**
You have 6000U, don't mess around with 40% or 50% risky moves. Move a maximum of 600U at a time; even if you lose, it won't hurt too much, and you can still play the next round.
**2. Stop-loss calculated in advance, loss ≤ 1% of account**
It's not about thinking of running away when the market crashes; it's about setting your exit strategy before opening a position. For example, if you open a position with 600U at 5x leverage, cut it if it hits a 1% stop loss, without any hesitation.
**Three, cannot see through = do not move**
When the trends are unclear, moving averages are chaotic, and the trading volume is weak, the smartest action is to stay in cash. It's not too late to get in once the structure is clear and the direction is established.
I have a fan who used to explode every day, but later he stubbornly focused on these three points, gradually grinding from 3000U to over 50,000. He told me a phrase: "It turns out that it's not the full position that makes you rich, but surviving."
If you take this sentence to heart, the way will be opened.
The cryptocurrency world is deep, but don't be afraid - if you have the right method, the light will shine.
Pay attention to: BAT, CKB, FUN, PARTI, MET during the day.