The 5 Major Culprits of Newbie Liquidation That You Must Know
7 Years of Practical Experience in the Crypto World. Today we will talk about why newbies face liquidation, and you must listen carefully. Because almost every newbie in the crypto world who loses money is repeating these mistakes.
The first culprit is going all in, listening to whoever calls for a rise and going all in. A slight pullback directly traps you. Always remember, never go all in on a single coin.
The second culprit is high leverage. Many newbies enter the crypto world and open 20x or 50x contracts. A slight market fluctuation leads to liquidation, and before you even understand the market logic, you dare to gamble with your life. This is not investing; it's handing over your head.
The third culprit is not setting stop-losses or take-profits. The price keeps rising, and you hold on, fantasizing that it will come back. The reality is that it often won't. Setting stop-losses is a lifeline.
The fourth culprit is chasing highs and cutting losses. When prices rise, you chase; when they fall, you cut. Constantly acting in reverse, you get harvested by the market like a machine.
The fifth culprit is believing in insider information. Many project leaders and KOLs make empty boasts. They draw you in, make you act like a successor, and if you don't do your own research, you'll eventually be cut. I always say, if you don’t respect the market, the market will teach you a lesson. Liquidation is not a coincidence; it is the result of a series of accumulated bad habits. The key is to truly control risk and profit steadily.
