On the weekend, a young guy who just started working came over and said, "I put 50,000 yuan into contracts, and in three days it grew to 120,000. Now I want to quit my job and go all in." I didn’t say much, just gave him three words: Don't do it.
It's not that I envy him for making money quickly, but after so many years, I’ve seen that every time I hear stories like this, the ending is pretty much the same. They think they’ve jumped on the trend, but in reality, they’ve fallen into a trap. I’ve been in this market for 8 years, leading a small team, starting with 30,000 yuan and growing it to 40 million before finally stopping. Along the way, there’s no story of sudden wealth, only survival rules learned through repeated lessons over five years.
**Contracts are actually a "meat grinder"**
You’ve probably heard the saying "Crypto moves in a day, a hundred years in the human world," but no one tells you the truth behind it—within 24 hours, 100,000 people get liquidated, and 4.5 billion yuan in funds vanish into thin air. That’s not news; it’s everyday life. I’ve seen a 30 million yuan position forcibly liquidated with my own eyes. The guy just sat on the ground, speechless for a long time. There are also newbies chasing after a certain altcoin, with 100,000 yuan in capital shrinking to 180 yuan in 20 minutes. It’s real.
What’s even more heartbreaking is that some exchanges play even dirtier. When the market swings wildly, the platform suddenly crashes. You can’t even stop your loss, only watch as your position gets liquidated. You think you lost to the market, but in fact, you lost to the game rules themselves.
**5 Ironclad Rules for Survival**
Being able to last this long isn’t luck; frankly, it’s because I’m sufficiently cautious. The methods I used back then seem pretty extreme now: divide all funds into 10 parts, only use one-tenth to open positions each time, take profits and run, accept losses. Surviving is because I strictly follow these rules:
Stop-loss must be faster than bargaining. Don’t expect rebounds, really.
Always leave enough room for retreat. One liquidation is enough.
Exchange risk comes first, market analysis second. Choose the wrong platform, no matter how good your skills are, it’s useless.
If you manage your funds well, you’ll outlast 99% of people.
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BearMarketBuilder
· 9h ago
Thinking of quitting after making 120,000 in three days—can this mindset survive the next market correction? I bet five cents it can't.
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LiquidationWatcher
· 9h ago
Want to quit after making 120,000 in three days? This guy hasn't even tasted the pain of liquidation yet.
Contracts are just a meat grinder; those chasing quick profits often die the fastest.
That saying is true: you need to be cautious to survive, while the greedy have already gone to the crematorium.
View OriginalReply0
screenshot_gains
· 9h ago
The part about 30 million positions being liquidated, I really can't hold it together...
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TokenomicsDetective
· 9h ago
Want to quit after three days with 120,000? This guy really hasn't seen how ruthless the market can be.
Bro, your 8 years of experience are valuable. I've heard similar stories about the 30 million case where someone was speechless on the ground. Where are they now?
Contracts are just a game of probabilities; the stories of winners always outnumber those of losers.
You're absolutely right about money management. I used to follow the 1/10 ratio too. Those who survive think the same way.
It's truly shocking how many people got liquidated in this wave of market movement. I've also experienced platform crashes.
View OriginalReply0
BlockchainFoodie
· 9h ago
nah this is literally like a poorly seasoned recipe tbh... dude went all-in on leverage like he forgot the whole point of risk management. that's not a win, that's just luck marinating in stupidity lmao
On the weekend, a young guy who just started working came over and said, "I put 50,000 yuan into contracts, and in three days it grew to 120,000. Now I want to quit my job and go all in." I didn’t say much, just gave him three words: Don't do it.
It's not that I envy him for making money quickly, but after so many years, I’ve seen that every time I hear stories like this, the ending is pretty much the same. They think they’ve jumped on the trend, but in reality, they’ve fallen into a trap. I’ve been in this market for 8 years, leading a small team, starting with 30,000 yuan and growing it to 40 million before finally stopping. Along the way, there’s no story of sudden wealth, only survival rules learned through repeated lessons over five years.
**Contracts are actually a "meat grinder"**
You’ve probably heard the saying "Crypto moves in a day, a hundred years in the human world," but no one tells you the truth behind it—within 24 hours, 100,000 people get liquidated, and 4.5 billion yuan in funds vanish into thin air. That’s not news; it’s everyday life. I’ve seen a 30 million yuan position forcibly liquidated with my own eyes. The guy just sat on the ground, speechless for a long time. There are also newbies chasing after a certain altcoin, with 100,000 yuan in capital shrinking to 180 yuan in 20 minutes. It’s real.
What’s even more heartbreaking is that some exchanges play even dirtier. When the market swings wildly, the platform suddenly crashes. You can’t even stop your loss, only watch as your position gets liquidated. You think you lost to the market, but in fact, you lost to the game rules themselves.
**5 Ironclad Rules for Survival**
Being able to last this long isn’t luck; frankly, it’s because I’m sufficiently cautious. The methods I used back then seem pretty extreme now: divide all funds into 10 parts, only use one-tenth to open positions each time, take profits and run, accept losses. Surviving is because I strictly follow these rules:
Stop-loss must be faster than bargaining. Don’t expect rebounds, really.
Always leave enough room for retreat. One liquidation is enough.
Exchange risk comes first, market analysis second. Choose the wrong platform, no matter how good your skills are, it’s useless.
If you manage your funds well, you’ll outlast 99% of people.