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Don't remind me again today

On that night in December 2017, #特朗普撤销农业产品关税 stood at 20,000 US dollars.



I stared at the screen, my account's unrealized gains exceeded 2 million, and I felt like I was floating.

That feeling? It’s explosive. It's as if all the nights spent staying up and all the candlestick charts I've studied suddenly turned into real cash right in front of me. I even started calculating how many times I could multiply my wealth in the next bull market, as if the secret to wealth was already in my grasp.

But the market never leaves room for fantasies.

Just a month, the waterfall has arrived.

$BTC plunged straight down from a high point, and the principal along with the floating profit seemed to be pressed by an acceleration key, with red numbers flashing crazily on the screen. With every refresh, my heart sank a little more — you thought you had caught the wind, but in reality, you were just standing on the edge of a cliff.

In the early morning, the phone vibrated.

Liquidation SMS.

At that moment, I froze completely, my breath caught in my throat. This is not a movie; this is the real sensation of suffocation—floating back to zero, the principal cut in half, the mouse hovering there, unable to do anything.

Despair probably tastes like this.

Since then I have understood: the crypto market is not a betting game, nor is it a casino where you rely on luck to turn things around. No matter how beautiful the unrealized gains, they can't withstand the market turning against you; preserving your principal, controlling your position size, and setting stop-losses are the hard truths to survive.

The blood loss of that night became my most expensive tuition fee and also my most precious lesson—only after falling once did I learn how to stand firm in the storm.

Every time I watch the market now, I remind myself:

Winning is not about making money quickly; it's about living long enough to have the chance to turn things around.

Ask yourself, will you continue to be the one being harvested? Or will you persevere and become the one who laughs last?

Stay tuned: $BTC $ZEC $TNSR $DYM $BEAT $MYX $AKE $NIL $DUSK $AIA $ETH $SOL $BNB $XRP $XAN
BTC-7.55%
TNSR-16.16%
DYM-13.53%
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GasFeeAssassinvip
· 5h ago
Oh my, this is exactly the story of my blood, sweat, and tears from 2018. It really hits hard. --- I also went through liquidation that night. Now seeing newcomers in crypto repeating our mistakes, I really can't handle it. --- The key point about preserving your principal is absolutely right, but not many people can actually do it. --- Are those who bought the top when BTC was at $20,000 still around? Say something. --- Cutting losses sounds easy, but it's really hard to actually do it. I admit it. --- Watching 2 million in unrealized gains turn into zero—that kind of feeling is truly impossible for others to understand. --- For friends who are still chasing quick doubles, sooner or later you'll have to pay that tuition too. --- Surviving is the only way to win, that's absolutely true, but most people can't hold out that long.
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GasFeeVictimvip
· 5h ago
Finished reading, bro, that experience was really incredible... 2017 was definitely harvest season.
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LiquidityHuntervip
· 5h ago
Damn, this is exactly like that 2017 wave of retail investors getting rekt. I was there too. But to be honest, the only reason I didn't get liquidated in that crash was because I wasn't using leverage, so I dodged a bullet. Looking at these arguments now—stop-loss this, principal that—I've heard them too many times... The key thing is to survive, right? Holding your coins is the way to go; don't dream of getting rich overnight.
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WalletInspectorvip
· 5h ago
Really, that night I was also there, the taste of getting liquidated is still unforgettable to this day. --- I didn't enter a position during that 20k round, otherwise I might be lying flat right now. --- Stop loss, everyone, this is really not a joke, my blood and tears experience. --- Fortunately, I'm tough enough to survive that massacre, now I'm much more cautious. --- Unrealized gains look good but are useless when it drops to zero. --- Every time I see newbies all in, I think of this article, it breaks my heart. --- Good question, I choose to live and make money instead of getting liquidated quickly. --- During that time, how many people returned to poverty overnight, it's a true portrayal of our generation. --- You're right, mindset and position management can really save lives. --- Now I dare not look at the trading records from that time, afraid of depression relapsing.
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