Seeing too many people play with leverage until they crash is really heartbreaking.

Yesterday, another fan reached out to me, using 100x leverage to go long. The direction was correct, but a small pullback wiped out his account.

He cried, saying: “Brother Lin, I just wanted to take a chance..."

The cruelest truth in the cryptocurrency world: leverage is not a printing machine; it's a meat grinder.

You use 100U to open 10x leverage, which indeed allows you to control a position of 1000U. But have you thought about this—it’s equivalent to borrowing 900U to gamble. When the market is good, you feel like a genius, but once it turns against you, a single bearish candle can bring you back to square one.

I’ve seen the worst case of a guy who just made 2000U and got carried away, going all in with 100x. The result? In half an hour, he watched his account go to zero. He didn't lose to the market; he lost to his own greed.

After mixing in the cryptocurrency world for ten years, I’ve summarized three life-saving rules:

First, do not exceed 3x leverage.

Newbies always feel that low multiples earn slowly, but high leverage kills quickly. My first lesson for all my apprentices: set leverage to below 3x first.

Second, never go all in.

The market is best at slapping faces. No matter how much you like a coin, don’t shoot all your bullets. Keep some money aside; it can save your life at critical moments.

Third, setting a stop-loss is a life-saving charm.

Not setting a stop-loss is like running naked. I set a stop-loss for every trade; if I lose, I accept it and never hold onto a losing position. Staying alive is more important than anything else.

Remember, there are opportunities in the cryptocurrency world every day, but once your capital is gone, it's really gone. Don't always think about getting rich overnight; learn how to survive first.

I will teach you how to profit steadily with low leverage. Follow me to avoid three years of detours. #MichaelSaylor暗示增持BTC #美国银行业信贷风险