Yesterday I ran into a real estate broker. Seeing my colleague make money trading crypto, I got a rush and thought, “Why not?” The moment my paycheck hit, I went all in with 50x leverage. As expected—my savings got wiped out, and I ended up owing over a million in online loans. My wife took the kids and divorced him. He’s now holding the 5,000 yuan his ex-wife gave him, yet he still wants to take another gamble to turn things around.
In the crypto space, people like this aren’t rare. They didn’t even read the Bitcoin whitepaper—they just chase the thrill of making sales. But the truth is: when leverage makes money, it looks glorious; when you don’t stop, it becomes equally brutal.
There’s a real story: a real estate broker in 2019 saw others trading and profiting, so he started playing contracts too. At first he made a bit of money, and he thought he’d found the wealth-code. Then he poured his wife’s dowry and all the family savings into it. To get his money back, he went deeper and deeper—cycling through 20x and 50x leverage. In the end, he lost his entire 800,000+ RMB principal.
He racked up massive debts. His wife sold their house to help him pay them off, and even sold her jewelry. They got to the point where they couldn’t even afford meals. His ex-wife remarried out of necessity, just to support the child. The saddest part is this: even when he was so broke he couldn’t pay rent, his ex-wife would still quietly transfer him a few hundred yuan. But even so, he never kicked the gambler mindset. The moment his salary arrived, he went gambling again—still fantasizing about turning it around with one big win.
Only at the end did he realize: if he’d stuck to buying Bitcoin spot in the first place, he might already have bought a second property—and maybe even be raising a second child.
Brothers, yes—leverage profits can be flashy. But if you don’t stop, it’s a dead end. There are no exceptions. In this market, staying in the game longer matters more than getting rich fast. Stop being dazzled by how others “play slick.” What they rely on is a system and discipline.
Let me give you some advice: stay away from high-leverage trading. Buy spot. Get the gambler mindset out of your head—that’s the first step to surviving in this market.
In the crypto space, don’t touch anything in the dark. If you want to avoid traps and achieve stable profits, follow Xin Jie’s pace!
In the crypto space, people like this aren’t rare. They didn’t even read the Bitcoin whitepaper—they just chase the thrill of making sales. But the truth is: when leverage makes money, it looks glorious; when you don’t stop, it becomes equally brutal.
There’s a real story: a real estate broker in 2019 saw others trading and profiting, so he started playing contracts too. At first he made a bit of money, and he thought he’d found the wealth-code. Then he poured his wife’s dowry and all the family savings into it. To get his money back, he went deeper and deeper—cycling through 20x and 50x leverage. In the end, he lost his entire 800,000+ RMB principal.
He racked up massive debts. His wife sold their house to help him pay them off, and even sold her jewelry. They got to the point where they couldn’t even afford meals. His ex-wife remarried out of necessity, just to support the child. The saddest part is this: even when he was so broke he couldn’t pay rent, his ex-wife would still quietly transfer him a few hundred yuan. But even so, he never kicked the gambler mindset. The moment his salary arrived, he went gambling again—still fantasizing about turning it around with one big win.
Only at the end did he realize: if he’d stuck to buying Bitcoin spot in the first place, he might already have bought a second property—and maybe even be raising a second child.
Brothers, yes—leverage profits can be flashy. But if you don’t stop, it’s a dead end. There are no exceptions. In this market, staying in the game longer matters more than getting rich fast. Stop being dazzled by how others “play slick.” What they rely on is a system and discipline.
Let me give you some advice: stay away from high-leverage trading. Buy spot. Get the gambler mindset out of your head—that’s the first step to surviving in this market.
In the crypto space, don’t touch anything in the dark. If you want to avoid traps and achieve stable profits, follow Xin Jie’s pace!