At two in the morning, Xiao Lin sent a shocking message: 800U principal instantly turned into 12U! In the voice message, he broke down and cried: "I was just cooking a bowl of noodles, BTC pulled back a bit, and my account was gone...\n\nI directly pointed out: 'What kills you is not the pullback, but the 20x leverage knife!\n\nXiao Lin was once a stable student, making a steady 25% profit in grid trading for six months. Last week, he was dragged by a friend to play contracts, starting with 300U at 10x leverage, and made a crazy profit of 450U in two hours, excitedly saying: 'Making money is too easy!\n\nI warned him: 'Greed will make your leverage higher and higher, one mistake and it's all over!' He didn't care: 'I set a stop loss.\n\nThe next day, he secretly raised his position to 800U, increasing the leverage to 20x, with a ridiculous reason: 'BTC broke through, if it rises a bit more, I can double it and buy a refrigerator!' He was showing off his stop-loss chart, but didn't realize that under 20x leverage, a 1% fluctuation could swallow up 20% of the principal, and a 0.8% stop loss was simply not enough.\n\nAt one o'clock in the morning, BTC pulled back 1.8%, and his account was directly liquidated. He screenshot the K-line and asked me: 'How come I still lost when I saw the right direction?\n\nI circled the record: 20x leverage is a death trap! You bet 800U to double it, but forgot that the principal is only 1000U—putting everything on the line is no different from seeing the wrong direction! Contracts borrow risks; the higher the leverage, the faster you die!\n\nAfter he fell silent, he said he was left with only 12U. I told him to withdraw it to buy breakfast, and to write a reflection to share in the group: 'Quick doubling' is poison; always wanting to use small money to gamble for big money, but not knowing that one mistake can be fatal. Slow is leaving room for the principal, high leverage pushes you toward the abyss!\n\nAt dawn, he sent a reflection: 'I lost to greed and lost my solid path.\n\nI replied: Before opening a position, ask yourself three questions: Can you accept losing everything? Is the leverage beyond your tolerance? Are you trading or gambling with your life? The market often has opportunities, but the principal is only once. If you want to do well in trading, lower the leverage, extend the cycle, and don't let liquidation ruin everything!\n#加密市场反弹 #加密市场观察 #美联储FOMC会议