2026-01-03 00:23:22

Watching Xiao Chen gradually climb out of that huge loss, I feel a complex mix of emotions. Half a year ago, she sat across from me, eyes red: "Master, I wish I had listened to your advice earlier. Now I’m almost unable to pay my mortgage."

She invested 400,000 in the circle, and I repeatedly advised her to start with only 80,000 to test the waters. But what happened? She was stirred up by posts about "hundredfold coins," got impulsive, went all-in, and even added leverage. A month later, her account was left with less than 40,000.

How common are stories like this in this circle? The data is right there—over 80% of crypto investors end up losing money. But do you know where the problem lies? It’s not poor technical skills; it’s the complete lack of basic investment discipline.

I’ve been in this industry for nearly eight years. I’ve seen a financial PhD lose 2 million in one go, and I’ve also seen an uncle who knows nothing about K-line charts achieve steady profits by regularly investing in mainstream coins. The difference isn’t about being smart or not; it’s whether you’re willing to stick to the most fundamental investment principles.

**Leverage is something beginners should never touch**

I’ve analyzed my own loss cases, and about 70% are related to leverage. Many people think that adding leverage is a shortcut to get in, but it’s actually a double-edged sword—while it amplifies gains, it also magnifies risks.

The crypto market is inherently volatile. A 10% daily fluctuation in a coin isn’t unusual; it’s normal. But once leverage is involved, such volatility can instantly liquidate you. Experienced traders know one thing: in the crypto world, first you need to survive, then you can make money. Getting rich overnight is just a myth.

My strict rule for myself is: never touch leverage. Even if I do play, I won’t go beyond 3x. Remember this—surviving longer is worth much more than making quick profits.

**Diversification is the defensive line**

To stay more stable in this market, you need to learn how to put eggs in different baskets. Holding a single coin is like gambling—if all your assets are concentrated in one coin, and that coin crashes, your dreams are shattered.

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FlatTax

· 8h ago

Leverage is really a new user trap, Xiao Chen's incident is the best negative example. Turning 400,000 into 40,000, it's heartbreaking. --- Honestly, making money in the crypto world isn't hard, surviving is the hard part. Too many people fail because of one word: "greed." --- I believe the data that 80% of people lose money, just look around. The problem isn't IQ, it's self-control. --- The phrase "live long" really hit me. I also tried leverage before, but now I'm really scared. Sticking to mainstream coins through dollar-cost averaging is safer. --- The worst thing is hearing about "hundredfold coins" and then getting carried away. Xiao Chen's recent experience is a lesson learned. Hope she can recover.

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Deconstructionist

· 8h ago

Damn, putting 400,000 directly into a all-in with leverage—how big must your heart be... Really, the 80% loss rate in the crypto world is just terrifying, it's totally solid proof. --- "Getting rich overnight is just a joke"—I need to screenshot this and send it to my buddy. Every time he tries to use 3x leverage, he ends up getting beaten. --- Leverage is truly a killer for beginners. I've seen too many people go bankrupt because of it, no exaggeration. --- It's true that diversifying your holdings is important, but most people just can't break the habit of going all-in on a single coin... --- Living longer is way more valuable than making money fast—this needs to be posted on a big banner on crypto forums. --- Cases like Xiao Chen's are too common. Sadly, some learn their lesson, while others keep digging their own grave.

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PumpDetector

· 8h ago

nah this is the classic "i learned this the hard way" energy. dude's literally describing exactly why 80% of retail get liquidated... full send on leverage with zero risk management, peak amateur hour tbh. the whale movement always punishes the over-leveraged first, it's just how the game works. been saying this since mt. gox days but nobody reads between the lines anymore

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CounterIndicator

· 8h ago

Damn, I've heard this story too many times. Making 40,000 a month and then losing it all, serves you right. Leverage is really a rookie's graveyard; I've seen too many liquidated people still complaining about the market's darkness. Greed is more deadly in the crypto world than anything else. --- Talking about investment discipline is easy, but actually doing it is really hard. I was also impulsive two years ago, only to realize later that survival is the top priority. --- I totally understand the temptation of 100x coins, but nine out of ten people who buy in at the end end up losing. It's better to stick with mainstream coins and accumulate slowly—that's the right way. --- I believe the story of a finance PhD losing 2 million, because smart people tend to self-destruct. It's actually those who don't understand the technology, because of their caution, who survive the longest. --- Diversifying your portfolio sounds simple, but few can really do it. Most still go all-in on one coin, then wait for bankruptcy. --- The phrase "Living longer is worth more than earning quickly" should be engraved in your mind. So many people get wiped out just because they can't resist that one last gamble.

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SatoshiNotNakamoto

· 9h ago

Leverage is really a trap. I've seen too many people go from having an account to an account that "used to exist" because of it. I've heard the story of 400,000 dropping to 40,000 more than ten times, and every time I feel for those people.

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