I’ve seen a person. At first, it was just curiosity—playing with contracts. With 1500U, he made it to 40,000U in two days. The outrageous profit made him think he’d seen through the market; earning money felt too easy. $SNDK

Then there was no “then.” He went all-in, doubling down and holding losses to the end. Everything. Before long, the 40,000U was wiped back down to just a few hundred. $ETH

Losing money isn’t the worst part. The worst is that he got thoroughly addicted. After that, he stared at the charts day and night, never leaving his phone; even eating and sleeping were spent watching K-lines. He would tell others not to touch contracts—but the moment there was any fluctuation, he couldn’t resist jumping back in.

The most poisonous part of high leverage is that profits come too fast. In a day, you can get dozens of percentage points, your assets can double—this kind of thrill is more overpowering than anything else. Once he’d experienced a big win, his brain locked onto that feeling. People who get stuck in a position often develop an obsession—one more trade and they can break even. But by the time the market ever gives them a chance, the principal has already been ground away. $XAU

What ruins people is never the market—it’s the addiction brought by fast money. The places that look easiest to get rich are also where the price is the harshest.

Holding your hands back and quitting greed—that’s the hardest thing in the crypto world. If you also notice early signs of getting “on the high,” exit in time. Don’t wait until there’s no way back. #SpaceX股价涨至140美元