**'A friend of mine liquidated three times in a month, losing 10,000 soft sister coins.'**

This story is not fabricated but happened around me. Every time I talked to him about the crypto world, he would say with emotion: 'Earn fast, lose faster.' Three liquidations, one worse than the other, yet each time he was 'smarter', 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: 2000 yuan 'ATM dream'**

On October 25, my friend entered the market with 2000 yuan, buying about 270 U. That night, the market was performing well, and his account doubled directly, feeling great.

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

Unfortunately, the dream did not last for a few days. He kept operating, wanting to earn more, but never returned to the highest point. In the end, the account was left with a pile of liquidation numbers.

#### **Second liquidation: Ponzi scheme, 1000 yuan evaporated**

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

At first, he was indeed a bit 'smart', avoiding leverage and only trading spot. As a result, when the market peaked, he did not run, and eventually fell victim to the Ponzi scheme, with the shitcoin plummeting. The account went to zero again.

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

On December 1, he learned from the lessons of the first two times and returned with 7000 yuan (830 U). This time, he firmly set rules for himself:

- **Do not open leverage above 3 times**

- **Do not touch the primary market**

In the early stage, it was indeed stable; his account peaked at nearly 4 times. This greatly boosted his confidence, making him feel this time he was 'safe'.

However, he ultimately could not resist temptation. After seeing $CRV soar, he directly opened 5 times leverage full position, even exceptionally opening 10 times leverage to add to $UNI.

No need to say more about the result; the next day, he woke up to the market reversing, and his account was directly liquidated 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 means greater risk; a wave of reverse fluctuations can wipe you out completely.

2. **Take profits when you can**: No one in the market can always hit the rhythm; taking profits after achieving ideal returns is the true mindset of an expert.

3. **Calm down, calm down, calm down**: A surging market is often accompanied by a plunge; following trends and emotional trading will only make your principal evaporate quickly.

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

The contract market is very brutal, but it is not impossible to make money. Experts can find opportunities in market fluctuations, steadily advancing, rather than being 'emotional' like my friend.

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