2025-12-28 10:26:08

The 2018 contract liquidation was a turning point — 500 BTC disappeared in a leveraged gamble. Since then, for exactly seven years, every day has been a struggle against this hole.

At the beginning of this year, I was bitten again by a reverse spot trade, losing 2 million USDT directly. It was then that I realized it wasn't the market's poor performance, but my own risk management that was flawed. The remaining days, only one thought remained in my mind: to come back alive.

But I realized one thing — protecting the principal is indeed very difficult, and the market's fluctuations repeatedly test patience. However, if I shrink back because of these few failures, I will never accumulate enough bullets to turn things around. The secret to long-term betting is to be defensively solid enough, and also to retain that daring spirit to take action.

BTC0,34%

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DataChief

· 12h ago

500 BTC, it really pains me to see it. Leverage is truly a double-edged sword. Losing 2 million USDT must have been incredibly painful, but on the other hand, I realize that risk control is not too late to learn. The key is not to lie flat; only by persevering can there be a chance.

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BoredRiceBall

· 12h ago

500 BTC, leverage really is a ruthless game that takes no prisoners Surviving and coming back, he's right, that's what really matters Poor risk control is just giving away your money, many have fallen here Wait, 7 years of digging holes, how tough must that mindset be It's indeed hard not to curl up, but you have to have the idea of turning things around

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FlyingLeek

· 12h ago

500 Bitcoins, this bite can really hurt for years To be honest, risk control is something you have to learn through painful lessons

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TradingNightmare

· 12h ago

500 BTC, I have to remember this joke for a lifetime. Leverage is truly a pitfall; greed can disappear in a second. Risk management sounds easy, but in practice, everyone has a bloody history. Coming back alive is the hard truth; everything else is nonsense. Spot trading can also be shorted? The market really knows how to play with people. Strong defense + the courage to act, it sounds simple but is deadly to do. Seven years of struggling with a hole, this patience is truly remarkable. 2 million USDT in an instant, sometimes life is just that fragile. Long-term betting is basically endurance—waiting until everyone else is dead. The premise of daring to act is being alive; this logic is flawless.

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