#美联储降息 $ETH Can I tell you the truth—there's no such thing as getting rich overnight in the crypto world, or if it exists, the probability is so low it can be ignored.
Yesterday, I met a young trader with a $5,000 capital. Over two consecutive days, he was earning an average of $2,000 per day. Then he asked me if there's a way to double his money overnight. I just laughed. He said he'd heard many people in the crypto space get rich overnight and asked why he couldn’t do the same. I could only say: the wealth you see is the result; you don't see how they endured behind the scenes.
He didn’t listen and said I was timid, telling me to pick any coin and go all-in. Last night, I had already told him to take profit on his $SOL long position, but he reopened the position himself and didn't even set a stop-loss. When good news hit and the price dropped, he got liquidated overnight—no more principal, and his wallet assets were wiped out.
There's a saying that’s true: people cannot earn money beyond their understanding.
What I want to say is, there are indeed coins that multiply your investment hundreds or thousands of times, but does that mean you just jump in? Not necessarily. Some coins take three months, half a year, or even a year or two to rise. When you bet on their takeoff, you also have to accept the risk of depreciation. This isn’t conservatism; it’s reality.
$BTC $SOL The biggest mistake in trading is always trying to operate. In fact, most of the time, you should wait, not trade frequently. 99% of people are suited for doing high-probability successful things, rather than forcing themselves to learn how that 1% ultra-short-term traders survive.
Gradually accumulate; you're earning not just money but experience. This is especially true in volatile markets like when the Federal Reserve cuts interest rates.
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SchrodingerProfit
· 3h ago
Haha, it's the same old story. Cognitive stuff really stumps people.
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ILCollector
· 12-11 04:21
Really, after watching that guy's liquidation story, I remembered that I used to be the same way. Earning 2000 USDT and still wanting to turn it into ten times overnight—how clouded was my mind. That's how the crypto world is: those who know how to make money do it silently, while those who don't keep asking if there's a secret.
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ContractExplorer
· 12-11 04:14
Really? That guy still asked if there's a way to double your money overnight... I just burst out laughing. This is the most heartbreaking truth in the crypto world.
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not_your_keys
· 12-11 04:09
Really, that guy deserves it too. I told him earlier but no one listened, and he had to learn the hard way through a painful experience.
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AllInDaddy
· 12-11 04:06
That guy really deserved to be liquidated... he couldn't listen and insisted on playing with extreme risk, didn't take profits, and in the end, lost even his principal.
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StablecoinAnxiety
· 12-11 04:05
Really, earning 2000 in two days with 5000 U and still wanting to double it? This mindset will eventually lead to big losses. Just look at that guy who got liquidated—those who don't set stop-losses deserve it.
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LiquidatorFlash
· 12-11 03:59
That guy deserved to get liquidated. Making $2,000 in two days from $5,000 and still not satisfied. He didn't even calculate the collateral ratio before going all-in. This isn't gambling; it's just giving away money.
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EyeOfTheTokenStorm
· 12-11 03:53
Another story of liquidation... To be honest, during this Federal Reserve rate cut cycle, there are really too many greedy people. I see that they jump into full positions without proper technical analysis, which is not bravery, it's looking for death. The market cycle is right here, and historical data has long made it clear — there's no need to rush.
#美联储降息 $ETH Can I tell you the truth—there's no such thing as getting rich overnight in the crypto world, or if it exists, the probability is so low it can be ignored.
Yesterday, I met a young trader with a $5,000 capital. Over two consecutive days, he was earning an average of $2,000 per day. Then he asked me if there's a way to double his money overnight. I just laughed. He said he'd heard many people in the crypto space get rich overnight and asked why he couldn’t do the same. I could only say: the wealth you see is the result; you don't see how they endured behind the scenes.
He didn’t listen and said I was timid, telling me to pick any coin and go all-in. Last night, I had already told him to take profit on his $SOL long position, but he reopened the position himself and didn't even set a stop-loss. When good news hit and the price dropped, he got liquidated overnight—no more principal, and his wallet assets were wiped out.
There's a saying that’s true: people cannot earn money beyond their understanding.
What I want to say is, there are indeed coins that multiply your investment hundreds or thousands of times, but does that mean you just jump in? Not necessarily. Some coins take three months, half a year, or even a year or two to rise. When you bet on their takeoff, you also have to accept the risk of depreciation. This isn’t conservatism; it’s reality.
$BTC $SOL The biggest mistake in trading is always trying to operate. In fact, most of the time, you should wait, not trade frequently. 99% of people are suited for doing high-probability successful things, rather than forcing themselves to learn how that 1% ultra-short-term traders survive.
Gradually accumulate; you're earning not just money but experience. This is especially true in volatile markets like when the Federal Reserve cuts interest rates.