What you learn at the moment of liquidation is the true truth of the cryptocurrency world.
For most new entrants in the cryptocurrency world, their first liquidation often happens at night. You stare at the leveraged position, the price getting closer to the liquidation line, your palms sweating, your heart racing, comforting yourself that "there will definitely be a rebound," while watching your account go to zero.
You think you're just unlucky, but in reality, what you learn at that moment is the true truth of the cryptocurrency world.
Before the liquidation, you believed that market trends could be predicted, that the market would "favor your persistence," and that you could rely on belief to get through. But liquidation teaches you one thing: the market does not care who you are or how much emotion you've wagered; it only follows its own rules.
More importantly, you learn that:
Leverage is not magic; it is a tool that amplifies cognitive flaws.
Not cutting losses is slow suicide; holding onto positions is self-punishment.
Profit and loss are not just changes in your account; they are a restructuring of your psychological framework.
Liquidation is not necessarily the end; it can also be the beginning of rebirth. After that night, some people quit the cryptocurrency world entirely, while others begin to truly learn about risk control, cognition, structure, and execution.
Only in the most painful places do people truly awaken.
So, don't view liquidation as failure; it is merely the most genuine lesson the cryptocurrency world has for you.
