Retail investors in the crypto market suffer a 50% loss in one day, likely due to being caught in the dual trap of 'leverage + plummeting prices'! For example, a certain altcoin skyrocketed 80% in the morning, tempting investors to buy high, only to suddenly crash 60% in the afternoon, causing retail investors with 10x leverage to be liquidated directly — their initial capital of 100,000 USDT instantly reduced to 40,000, leaving no chance to cut losses!

There are three fatal flaws:

1. Leveraged overconfidence: Thinking that 10x leverage allows for 'small bets for big gains,' but unaware that a 10% drop in coin price leads to liquidation, with traders often triggering long positions at high prices;

2. Chasing surging altcoins: Jumping into the market without considering the project's fundamentals simply because they are on a short-term gain list, only to be trapped by traders who induce a spike followed by a drop;

3. Lack of stop-loss awareness: While one can play dead with a 50% drop in spot trading, leveraged positions will face forced liquidation, watching helplessly as the account balance drops to zero!

Remember: One day in the crypto market is like ten years in reality! A 50% loss is not the end; it could be the beginning of a chain reaction of liquidations. Heavily betting on price fluctuations is just throwing hard-earned money into the pockets of traders!