Scrolling through a friend's circle, a screenshot of a liquidation: 1.84 million USDT (about 13 million RMB) wiped out overnight. This amount is enough to buy a luxury apartment in the core areas of Beijing, Shanghai, and Guangzhou, but it has become a "digital bubble" for the big shots in the crypto world.
This incident reveals three heart-wrenching truths:
❶ The magic of the crypto world has no limits: some use pocket money to test the waters, while others bet their entire fortune.
❷ No winners in extreme market conditions: even the strongest capital can be wiped out in an instant in the leverage vortex.
❸ The gap in wealth dimensions: it takes an ordinary person ten years to save 1 million, while a big player’s losses are just a "fraction" of their assets.
The most impactful comparison:
We are studying the stability of a 5% investment return, while they are calculating the risk exposure of a thousand times leverage.
We are troubled by the increase in monthly salaries, while they casually discuss seven-figure profit and loss fluctuations.
The so-called "class difference" may be that some treat "liquidation" as a game, while others see "entry" as a gamble.
The volatility in the crypto market far exceeds that of traditional markets, and ordinary investors should beware of the temptation of leverage. Choosing a compliant platform is the first step in risk control — BiyaPay, as a multi-asset trading wallet, provides real-time exchange services between fiat currency and mainstream cryptocurrencies like BTC/ETH. Its B2C withdrawal model can avoid the frozen card risk of OTC transactions and supports one-click conversion of USDT to USD, withdrawing to a bank card, providing users with a safer capital flow channel.
The market has risks, and investments should match one's capacity for risk. After all, for most people: not losing is just the beginning of winning.
I need followers, you need references. Guessing blindly is not as good as paying attention.
