Today I almost got liquidated, losing over $3000. This lesson was very deep. I used to think I could quickly double my money with altcoins, but frequent trading ended up putting my principal at risk.
Now I realize—greed is the original sin. Not all coins are worth chasing. Those with fierce gains look tempting, but when leverage is used and positions are heavy, losses become even more severe. I haven't earned enough from the principal, yet I was wiped out entirely.
I have since adjusted my strategy: a stable daily income of $300-$500 is enough. Compared to going all-in on altcoins to double your investment, it's much more realistic. You need to have a vision, but also a sense of reverence. Altcoins are not off-limits, but the key is to control risk and mindset, and not let one aggressive move ruin the gains made earlier.
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AirdropDreamer
· 7h ago
Tuition of 3000U is indeed hefty. But compared to losing money continuously, at least I’ve figured it out.
The all-in approach with knockoff projects should have been stopped long ago; leverage is really a double-edged sword.
Earning an average of 300 to 500 per day steadily may not sound very exciting, but staying alive is the real victory.
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OnChainDetective
· 7h ago
ngl, the transaction patterns on those shitcoins he was chasing? classic rugpull setup. massive wallet clustering right before the dumps. based on historical data, altseason greed kills more portfolios than actual market crashes do.
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GlueGuy
· 7h ago
3000U ah... This time I was truly educated, I must.
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That imitation thing is just a gamble, I only realized it later.
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Earning 300-500 daily on average, it may not sound like a dream but life is pretty good, isn't it?
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Greed is indeed the original sin, but more ruthless is not only greed but also leverage, which is just asking for death.
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Perspective and reverence... there's nothing wrong with that, I'm just afraid that after understanding it, you'll forget again next time.
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Paying 3000 yuan in tuition for a lesson is still cheap, some people need to lose ten times that to understand.
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Thinking back now, the frequent operations back then were just brainless, couldn't stop.
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DefiPlaybook
· 7h ago
According to on-chain data, the frequency of such high leverage liquidation events has surged recently—specifically, a loss of 3000U precisely validates a typical case of risk management failure. It is worth noting that the goal of "daily stable returns of 300-500U" you mentioned actually implies a key metric: a reasonable range for annualized returns. Analyzing from three dimensions—first, position management (Kelly criterion recommends risking no more than 2% of principal per trade), second, setting thresholds for leverage multiples, and third, the execution rate of stop-losses. Based on historical data, frequent traders face a liquidation risk increase of about 7-8 times. Your current cognitive iteration direction is correct, but it is recommended to further quantify risk control parameters.
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BTCBeliefStation
· 7h ago
3000U tuition fee, I finally understand, greed is indeed the original sin
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Oh, this is the cost of frequent trading, everything was fine at first
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Daily average of 300-500 stable income? Sounds much more reliable than gambling on altcoins
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One must have reverence for the bigger picture, very true, so many people get trapped by leverage here
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Altcoins are just a gamble, without stop-loss, one wave and it’s back to zero
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Now I realize that stable compound interest is the true way
Today I almost got liquidated, losing over $3000. This lesson was very deep. I used to think I could quickly double my money with altcoins, but frequent trading ended up putting my principal at risk.
Now I realize—greed is the original sin. Not all coins are worth chasing. Those with fierce gains look tempting, but when leverage is used and positions are heavy, losses become even more severe. I haven't earned enough from the principal, yet I was wiped out entirely.
I have since adjusted my strategy: a stable daily income of $300-$500 is enough. Compared to going all-in on altcoins to double your investment, it's much more realistic. You need to have a vision, but also a sense of reverence. Altcoins are not off-limits, but the key is to control risk and mindset, and not let one aggressive move ruin the gains made earlier.