It's actually not surprising. Leveraged to the max, buying high and selling low, holding on for dear life... do you fit all of these?
Some people make money ten times, but it’s not enough to cover a single liquidation.
Some buy and the price drops, sell and it soars, as if the market makers are targeting your wallet.
Others hold on, from 'pullback' to 'zero', and in the end, they cut losses at the bottom.
Many people have crashed due to these three mistakes.
Thinking they will become rich with 100x leverage, but a single spike wipes them out.
Watching the losses, thinking 'I'll hold on a bit longer', and then they end up selling at the lowest point, just as it rebounds sharply.
Later, I summarized a method to stabilize myself:
Only trade trends over 4 hours, focusing on major swings.
Set proper take-profit and stop-loss levels.
Single trade losses should not exceed 2% of the principal, and even if you lose consecutively for over ten times, you can survive to wait for the bull market.
Honestly, the cruel truth in the crypto world is — opportunities are always there, but most people lack the capital to wait for the bull market.
Rules are more important than luck. As long as you survive, you can pick up the bloody chips in the bull market.
If you’re not very familiar with certain cryptocurrencies or have any questions, feel free to reach out to me. This is all my experience from years in the crypto world, and I will provide you with detailed analysis! $BTC