All high-leverage players, take a look; I originally didn't want to write this, fearing to offend people.
A shocking reality about greed, FOMO, and the ultimate confrontation of human nature. It is also the ultimate confrontation between analysts and traders!
This article focuses on every retail investor, analyst, and professional trader!
————————————————————————————————————————————————————————
I accidentally stumbled upon past events that indeed stirred the crypto world for a long time. On June 5, 2019, a big player, Hui, bet all his clients' 2000 BTC with 100 times leverage to short. As a result, BTC did not follow the script; instead of falling, it rose and directly caused liquidation at the floor! He ultimately chose the most extreme way to exit!
New investors or new analysts may not know this person; he founded the BitEasy platform many years ago, a genuine 'big shot' in the crypto circle, with incredibly accurate market analysis. He has truly outperformed all the analysts in the square, and I haven't seen anyone surpass his analysis in many years. Sometimes, he is so accurate that it is frightening!
I did make a lot of money, but as my number of followers grew, a trading phenomenon emerged; back then, it was directly converted to U, based on credibility. At that time, the crypto world was very clean and pure. Unlike now, where scammers are rampant, and black U is everywhere. Then I made my first pot of gold and started a platform.
But when the capital volume becomes large, it cannot be controlled, and in the end, it leads to liquidation!
It’s similar to the way many big influencers share trades now; I will explain it from three perspectives:
For retail investors, no matter when and where, your leverage on BTC should not exceed 20 times, and on altcoins, it should not exceed 5 times, regardless of your capital. Don't say '10u warrior' and use high leverage to gamble, trying to accumulate your first pot of gold. This is a 2-8 probability. Because fluctuations in the market may cause you to liquidate first. Even if you gamble correctly, your leverage will not be able to go down anymore. After enjoying quick profits, your desire will grow stronger. Don’t believe that you can be disciplined enough to lower leverage. This is a human nature issue, and I won't accept rebuttals. Leverage will only get larger, capital will only get smaller. The ending will definitely be liquidation; it's just a matter of speed. I've seen too many people like this. And if you share high leverage on social media, you have already committed the original sin. Tempting newcomers or others into high leverage! People should do good; every time I post pictures in the square, I will specifically mention that the starting leverage for each coin is 5 times, and then increase leverage once there is profit, reducing margin operations. I won't rely on this to attract followers; there's no need. That's why my followers have never rapidly increased! I don't care about that; seeing the words is like seeing the person!
For analysts: analysis is analysis, trading is trading; they are completely two different matters. A good analyst is definitely not a good trader, and a good trader must be a good analyst. These are two separate things.
Analysts: analyze the market; teachers pass on knowledge. What knowledge have you passed on to your followers? What confusion have you resolved? You have to be true to your conscience and morals. Are you encouraging high leverage for commissions or luring followers to small exchanges to commit fraud?
I am very afraid of being called a teacher by others because I am not!
Traders only care about the profit and loss of their accounts; they see only numbers, profit, and loss. So everything is just a matter of risk and return. Very pure. Traders are the most inward-looking profession in the world; I tell my daughter that I am engaged in the best job in the world. At least, that’s what I think!
I have always encouraged everyone to trade spot; haste makes waste. Moreover, many of my followers have small accounts, and I basically refuse to use my trend-sensing robot. It's not about looking down on anyone, but rather your volume and understanding cannot pass the test. I know your methods will definitely lead to losses, but I cannot directly tell you that you are wrong; I will tell you how to solve it and how to trade more steadily, with better capital curves. I can only set a threshold and not let you enter my small circle; that's just how it is.
The events in the previous section actually happened; please think carefully! Trading is an art, it’s risk management, and capital growth. It is definitely not a way to get rich overnight like gambling in Macau!
Thank you!
Live broadcast room address at 7 PM If you have nothing to do in the evening, come play in the live broadcast room; if you have any spot currency, I can use my robot to help you test whether it is worth holding.