Does the rise and fall of cryptocurrencies really scare people to death? I used to not believe it until I witnessed that scene on May 11, 2022, and I still have lingering fears.

That night, LUNA collapsed, almost becoming the disaster memorial day for the entire cryptocurrency circle.

People I know lost 1.2 million in three days, leaving only enough for a breakfast. It's not an exaggeration; it's a true story.

At that time, LUNA's market value was still soaring. If you had 10,000 LUNA in your account, it was worth a full 1 million the night before. You even comforted yourself:

"UST just briefly uncoupled by 10%, it’s okay to hold on for one night."

You fell asleep peacefully, but when you woke up, there was only 700,000 left. You started to panic, but still pretended to be tough: "A 30% drop is bearable, just wait a bit longer." You put down your phone and went back to sleep. When you woke up again—only 10,000 was left.

It wasn’t that you forgot to stop your losses; it was that you never thought it could go straight to zero.

You didn't believe in misfortune, so you sold everything you had to invest 200,000 U to buy the dip, fantasizing that as long as it rebounded to 10 dollars, you could turn things around—10 times your investment, rising from the dead.

You began to dread sleep, staying up all night watching the market, helplessly watching the price drop from 1 dollar to 0.1, 0.01, 0.000001...

In the end, the exchange directly delisted it. In three days, 1.2 million turned into a joke.

Don’t think such things are far from you; in the cryptocurrency circle, it happens every day. What kind of market is this?

Operates 7×24 hours, no breaks, no waiting

No price limits, can soar or plummet at any time

Leverage is rampant, often 10x, 20x

Emotions run high, a single "negative news" can trigger a snowball effect

Altcoins tell a story, even shells can triple in value

The liquidation mechanism is transparent; the market makers precisely "collect corpses"

Whales crash the market, directly cutting your bottom line

Did you think 5x leverage was stable? In a market that can drop 20% in a day, it can also lead to instant liquidation.

Ethereum's last bull market dropped from 4000 to 1400; it’s not that Ethereum can't perform, but that market makers know the on-chain liquidation price and know where they can collect your "vegetable corpses."

So, stop saying "it won't drop anymore," and don't blindly believe in "consensus," "faith," or "value."

The ones who really survive in the cryptocurrency world have never been the ones who look at K-line charts every day predicting rises and falls, nor the "believers" who chase trends every day.

In a bull market, traps outnumber opportunities! Want to avoid pitfalls and seize real opportunities? Our small team opens trades daily, with this month’s floating profit exceeding 480%, stable strategies, and precise points—let's recover and turn the tables together!

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