Getting involved in the crypto space through the process of earning wool, I initially accumulated a few thousand USD through early projects on top-tier exchanges. Later, I gradually delved into contract trading and event-based contracts, beginning to experience the high returns and high risks of this market.
To be honest, early on it was mostly luck. It wasn't until that night with 125x leverage wiped out my account that I truly understood what "slow is fast" means—reckless pursuit of quick gains is the biggest trap in the contract market.
Starting over this year, I entered with an initial capital of 116U. In ten days, the account grew to 936U. The numbers look good, but this time the feeling is completely different. Every order, every stop-loss point, every risk assessment is more cautious than before. Past lessons are written in blood and sweat, now they serve as a firewall for trading.
The contract trading is still ongoing, and I will continue to record and review later. If you're on this path too, the most valuable lesson isn't how to make quick money, but how to survive longer.
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FantasyGuardian
· 6h ago
125x is really a wake-up call, losing wisdom in the process
How to say it, I guess I have to accept the fact that I'm not good at this
Eightfold in ten days, sounds great but this time it really feels different
Taking it slow is actually faster, that saying is really spot on
Tight stop-loss points, this is what an experienced person looks like
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CountdownToBroke
· 6h ago
125x Nabo is truly enlightened. This is what paying tuition looks like.
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Slow is fast—that's a brilliant saying. I'm now also coming to understand this.
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116 to 936? Ten days? Honestly, it's a bit questionable, but adjusting the mindset is definitely worth it.
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The firewall analogy is pretty good; the lessons learned at the cost of blood are the most impactful.
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The last sentence hit the mark: living longer is much harder than making quick money.
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Still recording and reviewing; I give full marks for this attitude.
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Relying on luck early on, then on lessons—this is the progression in the crypto world.
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That zeroing out time either meant suicide or rebirth; choosing the latter is truly commendable.
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A 9x return in ten days—honestly, that's already better than most people.
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MrDecoder
· 7h ago
125x overnight wipeout, this is the best tuition fee
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Being slow is actually fast, that's true, but few can really do it
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From 116 to 936, more than 8 times increase, but what I care about more is that you didn't die again
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Good stop-loss strategies can truly help you survive longer; many people die because they refuse to cut losses
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Wool party members turning to contracts, I've seen too many people take this path, most didn't last through a round
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Looking forward to the follow-up review records, much more reliable than those boastful analysts
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The question of how to live longer is based on real experience
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The problem is, when the next bull market arrives, can you still maintain this caution?
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Contracts are a form of cultivation; the moment of wipeout is the true enlightenment moment
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LiquidatorFlash
· 7h ago
That 125x liquidation was truly a textbook-level case... Watching 936U is satisfying, but what I care about is how long your lending position can last.
Getting involved in the crypto space through the process of earning wool, I initially accumulated a few thousand USD through early projects on top-tier exchanges. Later, I gradually delved into contract trading and event-based contracts, beginning to experience the high returns and high risks of this market.
To be honest, early on it was mostly luck. It wasn't until that night with 125x leverage wiped out my account that I truly understood what "slow is fast" means—reckless pursuit of quick gains is the biggest trap in the contract market.
Starting over this year, I entered with an initial capital of 116U. In ten days, the account grew to 936U. The numbers look good, but this time the feeling is completely different. Every order, every stop-loss point, every risk assessment is more cautious than before. Past lessons are written in blood and sweat, now they serve as a firewall for trading.
The contract trading is still ongoing, and I will continue to record and review later. If you're on this path too, the most valuable lesson isn't how to make quick money, but how to survive longer.