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