After the liquidation, I finally understood that contracts are not tools for turning things around.
That day after the liquidation, I stared at my account balance which was left with only 0.14.
I laughed, a particularly cold laugh.
It wasn't the market that killed me; I killed myself.
From opening the position to liquidation, it was all my decision.
No one deceived me; it was my inability to control myself.
I finally understood:
Contracts are not tools for turning things around; they are a mirror reflecting human nature.
The more you want to win, the faster you will die.
The less you want to lose, the easier it is to blow up.
Many people say: "Contracts make money quickly."
But what they never tell you is:
Every liquidation is a dual collapse of confidence and mentality.
The money you earn comes from others' losses, not from the platform's gifts.
Behind those doubled screenshots is ten times the anxiety and gambler's mentality.
I summarized my entire process from "full of confidence — crazy averaging down — wanting to turn things around — liquidation."
In fact, there are signs before every liquidation.
For example:
Continuously opening positions without setting stop-losses.
Clearly wrong yet still stubbornly holding on.
Holding a heavy position that can't even bear a "slight pullback."
Knowing that my mentality has collapsed, yet still forcing my way in.
In the end, it's not that the market is so evil; it's that you haven't cultivated yourself well.
Now I only believe in these three points:
1
Without a stop-loss, you have no right to open a position.
2
Making money is strategy, stop-loss is dignity.
Contracts are not routine operations; they are weapons for advanced players. $XRP $ETH #美联储利率决议 #稳定币热潮