A-Li is an old customer who works as a Binance wealth-management consultant. A few days ago, over tea, we talked about the pitfalls he’s stepped into over the past decade, and the more I listened, the more hooked I felt.
He played with perpetuals using 5x leverage—one needle drop and he got liquidated. That night, he stared at the screen for ten minutes, unable to come back to himself.
He hoarded a pile of altcoins. Now his wallet sits with seven or eight assets that have all gone to zero. Every time he scrolls to that page, he can’t be bothered to delete them—just treats it as a keepsake.
He also paid tuition to learn about the “Pi Yao” platform. When he entered, the fees were normal, but when he wanted to sell, he discovered the sell button simply wouldn’t respond. He’d added a fake liquidity pool—tens of thousands just watching and not able to get out.
And chasing after pumps? Forget it. He saw a coin double in three days and rushed in at the top. Turns out, after he bought, it was already the peak right after—on that day he said he was a “human-shaped top indicator.”
The most outrageous one was when he heard someone in a group giving trade signals. The other person posted a screenshot of profits. He followed right in—on that very day he got cut in half. Later he found out the screenshot’s numbers had already been changed.
He’s also done stupid things from FOMO. He woke up in the middle of the night, swept up everything. The next morning, after the alcohol wore off, he looked at his balance—and even he was stunned.
By the end, he summarized it himself: all the tuition fees he’s paid over the years add up to enough to buy a car. And now, instead of being frantic, he’s become much more laid-back.
These pitfalls—how many of them have you stepped into?
#币圈故事 #blood-and-tears lesson
He played with perpetuals using 5x leverage—one needle drop and he got liquidated. That night, he stared at the screen for ten minutes, unable to come back to himself.
He hoarded a pile of altcoins. Now his wallet sits with seven or eight assets that have all gone to zero. Every time he scrolls to that page, he can’t be bothered to delete them—just treats it as a keepsake.
He also paid tuition to learn about the “Pi Yao” platform. When he entered, the fees were normal, but when he wanted to sell, he discovered the sell button simply wouldn’t respond. He’d added a fake liquidity pool—tens of thousands just watching and not able to get out.
And chasing after pumps? Forget it. He saw a coin double in three days and rushed in at the top. Turns out, after he bought, it was already the peak right after—on that day he said he was a “human-shaped top indicator.”
The most outrageous one was when he heard someone in a group giving trade signals. The other person posted a screenshot of profits. He followed right in—on that very day he got cut in half. Later he found out the screenshot’s numbers had already been changed.
He’s also done stupid things from FOMO. He woke up in the middle of the night, swept up everything. The next morning, after the alcohol wore off, he looked at his balance—and even he was stunned.
By the end, he summarized it himself: all the tuition fees he’s paid over the years add up to enough to buy a car. And now, instead of being frantic, he’s become much more laid-back.
These pitfalls—how many of them have you stepped into?
#币圈故事 #blood-and-tears lesson