$BTC Just graduated, Xiao Zhou entered with 1000 yuan, spent 500 yuan to buy 70U, focusing on BTC perpetual contracts.

Each trade of 10U opened at 100x margin, earning 1% means rolling over profits; theoretically, winning 11 times in a row could reach 110,000U. #加密市场观察

However, in November, BTC plummeted from 126,000 to a 29% drop, and Lao Zhang from the same community made 120U and then went all in, only to be wiped out by a single spike.

90% of people fail due to three points: making profits but going all-in expecting to double;

losing money and averaging down results in being blown up;

messy long/short trades that eat through the principal due to funding rates and transaction fees.

Xiao Zhou's strategy is strict:

If he makes two wrong trades in a row, he immediately closes his position, rolling to 5000U and must withdraw half to his bank card, waiting for a unilateral market to act.

On December 1, BTC plunged 4.6% to break 87,000, and Xiao Zhou set up short positions two weeks in advance, netting 11,000U from three trades that day, immediately withdrawing 6000U.

As of now, his account always keeps a starting balance of 70U, with 150,000 yuan lying in the bank. #加密市场反弹

Real-time data is even more heart-wrenching: BTC is currently around 91,000, with 3.8 billion liquidated in the last 24 hours, 70% from more than 20x leverage.

After spending a long time in the crypto space, I finally understand that it’s not luck that separates the inexperienced from the skilled, but discipline.

Without strict rules, don’t touch high leverage; it’s better to honestly hold mainstream coins than to get wrecked — surviving means you deserve to enjoy the market’s gains.

Follow me for practical skills that can be applied, see you in the Binance chat room.