**'I have a friend who had three liquidations in a month, losing 10,000 soft sister coins.'**

This story is not fictional but truly happened around me. Every time I talked to him about the crypto space, he would say with a sense of nostalgia: 'Earning is fast, but losing is even faster.' Three liquidations, each worse than the last, and each time he thought he was 'smart', but in the end, it still went to zero.

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### **Liquidation Diary: How to pay 'tuition' with 10,000 yuan**

#### **First liquidation: the 'ATM dream' of 2000 yuan**

On October 25, my friend entered the market with 2000 yuan and bought about 270 U. That night, the market trend was very good, and his account doubled directly, feeling great.

He messaged me saying, 'The crypto world is really amazing; making money is easier than working!'

Unfortunately, the dream didn't last for a few days. He kept making moves, wanting to earn more, but never returned to the highest point. In the end, his account was left with a pile of liquidation numbers.

#### **Second liquidation: Pig killing plate, 1000 yuan evaporated**

From late October to November, he recharged 1000 yuan (about 138 U) on a certain competitor's platform. This time, he heard that a certain dog coin had the opportunity to soar and directly bought in with a Web wallet.

At first, he was indeed a bit 'smart', avoiding leverage and only trading spot. As a result, when the market reached its peak, he didn't run, and in the end faced a pig killing plate, with the dog coin plummeting. The account went to zero once again.

#### **Third liquidation: 7000 yuan + high leverage, directly shattered dream**

On December 1, he learned from the lessons of the previous two times, returning with 7000 yuan (830 U). This time, he confidently set rules for himself:

- **Do not use more than 3x leverage**

- **Do not touch the primary market**

In the early stages, his account did indeed rise steadily to nearly 4 times. This greatly boosted his confidence, making him feel that he was 'stable' this time.

However, he ultimately couldn't resist the temptation. After seeing $CRV soar, he directly opened 5x leverage on a full position and even made an exception to open 10x leverage to increase his $UNI position.

Needless to say, the next day he woke up, the market fluctuated in the opposite direction, and his account was completely liquidated, going to zero.

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### **Lessons from three liquidations: Don't let greed destroy you**

1. **Low leverage is the secret to survival**: High leverage means high returns, but also greater risks; a wave of reverse fluctuations may wipe you out completely.

2. **Take profits when available**: Nobody can consistently hit the rhythm in the market; a true expert's mentality is to secure profits after achieving ideal returns.

3. **Stay calm, stay calm, stay calm**: A soaring market is often accompanied by a sharp decline; following the crowd and emotional trading will only cause your principal to evaporate quickly.

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### **Want to survive in the contract market? Finding the right person is very important**

The contract market is brutal, but it doesn't mean you can't make money. Experts can find opportunities in market fluctuations, steadily advancing, rather than 'emotionally all-in' like my friend.

I have played contracts for many years, seen countless liquidation examples, and helped many people clarify their trading thoughts. If you want to truly understand contract trading, avoid pitfalls, and lose less money, **you can talk to me**.

Remember, the contract market does not belong to reckless people; only strategy and rhythm can truly keep you undefeated.

I have a plane group in my profile, sharing daily strategies!