It's still a bit heartbreaking to talk about. This time, I got liquidated directly, losing nearly 20,000 yuan in one go. I originally thought I could bottom out, but the market reversed and wiped me out. This round has been quite a painful lesson, and I guess it's a price paid in real money. Leverage trading is really not that fun; one misjudgment and the account is back to zero. I do feel some regret, but more of it is reflecting on my risk control awareness and stop-loss execution. That said, this loss has also made me more aware of the market risks, and I will be more cautious in future operations. To all fellow traders, remember that stop-loss is really important—it's better to earn less than to let your account blow up.
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LonelyAnchorman
· 12h ago
Twenty thousand yuan, this wave really hurts. Leverage is a double-edged sword; a single thought can wipe out your account.
Bottom fishing is indeed easy to get caught up in, and the market will slap you back. But on the other hand, spending money to learn lessons is actually worth it; at least you'll know to respect the market in the future.
Stop-loss sounds simple in theory but is really hard to do in practice, but you really can't skimp on it, everyone. Better to miss out on some big gains than to let your account be wiped out completely. I see people getting liquidated every day on the forum—that's because they can't bear to cut losses.
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GasFeeVictim
· 19h ago
Leverage is really like the Grim Reaper's sickle; twenty thousand yuan is gone in an instant.
I've heard the bottom-fishing trick too many times, but reality is the opposite.
If you don't cut losses, your account will be doomed. I've truly learned my lesson this time.
The biggest lesson from losses is that I will never dare to go all-in with heavy positions again.
We are all market leeks; some get harvested quickly, others more slowly.
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BlockchainFries
· 01-11 10:01
Leverage is truly a double-edged sword. Two thousand bucks gone in an instant—feeling good?
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Catching the bottom turned into losing everything—that's my story.
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Another master-apprentice fee of twenty thousand bucks. The tuition isn't cheap, brother.
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Don't play with leverage if you haven't set your stop-loss properly—it's a bloody lesson.
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A wrong judgment with a quick counterattack, and the account is wiped out. That feeling is really intense.
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Losing so much but still able to calm down and reflect—I've definitely gained some insight.
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Failing to catch the bottom and instead being controlled by the opposite side—markets are really not to be played with.
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FOMOmonster
· 01-11 09:59
Liquidation of 20,000, brother, this move is a bit ruthless
Leverage is really a double-edged sword. It seems like a way to buy the dip, but you're actually buying your own dip
Stop-loss is easy to talk about, but it really hurts when you use it
Next time, let's be more cautious. Replenishing the account is more important than anything else
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DefiVeteran
· 01-11 09:58
Leverage is really a double-edged sword. Losing twenty thousand instantly truly hurts.
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StakeTillRetire
· 01-11 09:56
Leverage is really the devil. Two thousand bucks just disappeared, and the lesson was too costly.
The account was liquidated, that's for sure. Stop-losses don't seem important until you lose money and realize how crucial they are.
When the opposite market trend hits, it’s an instant crash. Trying to bottom fish turned into catching vegetables. Luckily, I reflected on it.
In the future, I’d rather miss out than hold positions that blow up the account. Nothing is more uncomfortable than an account explosion.
I've learned my lesson this time. Next time, I need to be more cautious with my operations.
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ser_we_are_ngmi
· 01-11 09:48
The fate of leverage players, a tuition fee of 20,000 is not cheap
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ETHmaxi_NoFilter
· 01-11 09:35
20,000 yuan gone, this is the lesson leverage has taught me
Buying the dip turned into losing everything, it's truly incredible
Stop-loss is easy to talk about, but really relies on discipline to execute. This time, I paid with blood
Next time, I won't play like this again. The account pressure is overwhelming
It's still a bit heartbreaking to talk about. This time, I got liquidated directly, losing nearly 20,000 yuan in one go. I originally thought I could bottom out, but the market reversed and wiped me out. This round has been quite a painful lesson, and I guess it's a price paid in real money. Leverage trading is really not that fun; one misjudgment and the account is back to zero. I do feel some regret, but more of it is reflecting on my risk control awareness and stop-loss execution. That said, this loss has also made me more aware of the market risks, and I will be more cautious in future operations. To all fellow traders, remember that stop-loss is really important—it's better to earn less than to let your account blow up.