Does the rise and fall of cryptocurrencies really scare people to death?

Don't be quick to answer, first ask yourself: have you experienced it?

This is not alarmism, but the painful lessons learned by countless people with their hard-earned money.

Take the night of the LUNA crash as an example—

You thought it was just a "normal pullback," but it turned out to be "permanent zero."

Scene restoration:

Before sleep: You hold 10,000 LUNA, worth 1 million U, after a 30% drop remaining 700,000 U

Self-comfort: "UST has only de-pegged by 10%, Do Kwon will solve it!"

Next day upon waking: The account has only 10,000 U left, plummeting by 99%

Frantically bottom-fishing: Invest another 200,000 U to buy in, fantasizing about a 10x rebound

Final outcome: Watching the price go to zero, the exchange delisting, 1.2 million U turning to dust

This is the brutal reality of the cryptocurrency world:

⏰ 7×24 hours non-stop: A single sleep may cause you to miss a lifetime

📉 No limits on ups and downs: A halving in one day is just an appetizer

📱 Zero threshold to enter: A tap on your phone puts you at the gambling table

💸 Addiction to leverage: 10x, 20x, liquidation can happen in an instant

🃏 Altcoin gambling: There are hundreds of times myths, but more tragedies of going to zero

The most frightening thing is—

These risks often explode simultaneously: a single project blowing up triggers a chain of leveraged explosions, leaving tens of thousands of people instantly with nothing.

Advice for all players:

🚫 If you can avoid leverage, don't use it—do you think 5x is safe? The cryptocurrency world often has annualized returns of 20%+ with volatility!

🚫 If you can avoid altcoins, do so—you're not losing direction, but dying before dawn!

Remember:

In the cryptocurrency world, surviving is more important than being right

The order you place before sleep might be your last

Want to turn it around? First learn to control risk

@顶级交易员鲸海 is welcome for communication