I remember when he first entered the market, testing contracts with 2000U. Unexpectedly, luck struck, and in five days, he shot up to 60,000U. During that time, he spoke with a sense of euphoria, posting on social media that ‘making money in crypto is as simple as breathing,’ feeling like he was the chosen one, with the key to wealth already in his hands.
But this industry is best at slapping faces quickly and harshly.
When a person gets carried away, their operations become distorted. They start ignoring the market trend, recklessly going all-in and using high leverage, always thinking they can replicate the previous ‘myth’. What’s the result? When the market turns against them, the 60,000 is gone in an instant, and in the end, there are only a few hundred dollars left in the account, like a dream.
What makes me shake my head isn’t his losses, but the changes he underwent afterward. Clearly taught a harsh lesson by the market, yet his addiction only grew. Watching the market by day and suffering from insomnia by night, he was close to having candlestick charts etched into his retina. He kept shouting, ‘I’ll never touch contracts again,’ but as soon as the market wobbled slightly, he ran faster than anyone else, unable to be stopped.
To be honest, contracts are indeed thrilling, but they can also be brutally punishing. Just think about it: a 5% fluctuation in traditional financial markets makes headlines, while in the crypto world, prices can double or halve in an instant—it's all about the adrenaline. But the problem is, a heart rate that fast can lead to sudden death.
Once you taste the ‘quick money’ with dozens of times returns, it’s hard to remain grounded. You keep fantasizing about flipping the situation, recovering losses, and getting rich—but most people don’t wait for the ‘counterattack’ and end up with clean accounts.
In this circle, tales of getting rich pop up every day, and each trending topic is more exaggerated than the last. However, those who can truly keep their money and become the ‘protagonist’ are rare. Most people are merely background characters that flash by in the script, leaving not even a name behind.
I never oppose anyone pursuing opportunities, but I truly advise you: don’t let the ‘get rich quick’ mentality throw you off rhythm. Money can be made endlessly, but losses can be complete. Controlling your position, setting stop losses, and staying clear-headed are more important than anything else—don’t wait until your account hits zero to remember you just wanted to dip your toes in.
