Brothers, this place in the cryptocurrency world can really scare someone's heart into a problem! When a crash hits, who dares to sleep soundly?

Just a second ago, you were happily calculating profits, and the next second, half of your account funds are gone. Don't be fooled by those legends of overnight wealth.

The cryptocurrency world may not be a casino, but it's even more ruthless than a casino—trading all day long, with no limits on price rises or falls; one careless move with leverage can lead to liquidation.

The 2022 Luna crash is a classic tragedy. It fell from over $100 to nearly zero in just a few days, losing over $60 billion.

Imagine, the night before you were still holding a position worth 1,000,000 USDT, and when you wake up, there's only a few hundred left. Some tried to buy the dip but ended up sinking deeper.

UST depegged, and Luna fell into a death spiral of issuance—crash—more issuance, with prices plummeting from $10 to $0.0001 in just a few days, not even enough to buy a cup of coffee.

That day, who knows how many people stayed up all night in despair, with some on Reddit going from millionaires to deeply in debt, families shattered, and even tragedies reported.

This is how the cryptocurrency world is: it rises rapidly and falls even more crazily.

Compared to the stock market, the cryptocurrency world has a lower threshold and greater volatility. Altcoins can rise or fall several times in a day, which is quite common, and once leverage is applied,

wealth can double when it rises, but drop to zero in an instant when it falls. When FTX collapsed, how many people's dreams of sudden wealth were shattered.

However, the cryptocurrency world is not without opportunities. In a bull market, high-quality coins like ETH and SOL can also multiply several times.

The key is to have a strategy and maintain a calm mindset: don't be greedy with leverage, don't bet all your funds, stay calm when it falls, and stay alert when it rises. Learn to position yourself during market corrections, rather than blindly following the trend.

Remember: the cryptocurrency world is a brutal battlefield, not a dream factory. Surviving and being profitable is the true victory. Stay calm, endure loneliness, and don't let the market ruthlessly harvest you.