The Truth About Cryptocurrency: Blood and Tears Lessons from Three Liquidations

Harsh Realization:

The cryptocurrency market is not a shortcut to success but a high-risk abyss.

Three Liquidations:

Following the crowd with high leverage, rebounds lead to zero.

Naively trusting 'insider information', going ALL IN on vaporware, project scams.

Increasing positions to average down, falling deeper and ultimately liquidating.

The Pain of Liquidation: Like falling into a black hole (regret, anger, unwillingness, self-denial).

Core Insight: "Survive".

Winners rely on control of positions + stable mindset + planned profit-taking and stop-loss, not luck or gambling.

Current Principles:

No more liquidations, no chasing trends.

Stability is paramount, trading seeks quality not quantity — just stay steady.