Crypto circles never create myths; they only continuously filter out the survivors.

The night before last, I received a message from a trader friend at 2 a.m.: "Here we go again, 50x leverage blew up. Bitcoin just dipped and got liquidated instantly." The attached image was one of those suffocating liquidation notices. Within a month, he had experienced this scene three times.

Looking at the screenshot, I remembered my early days in the industry. Back then, my mind was full of "Go all-in, get rich, achieve financial freedom," until a market correction froze all those illusions with cold liquidation lines. Only later did I realize that this market has no gentle teachers—only dense K-line charts, each one pierced with someone's dream.

**Is high leverage a speed booster or a guillotine?**

Do you remember the feeling the first time you used leverage? Clicking your finger, watching your account balance jump rapidly—such dopamine rushes are truly addictive. But when the account hits zero, that pleasure turns into despair.

I've seen too many newbies come in dreaming of "multiplying tenfold in a few months," only to become the most lush weed in the chives field. The data speaks plainly: 79% of beginners lose everything in their first year of trading. And users with 10x leverage? On average, they survive only 17 days in the market.

The higher the leverage, the closer your stop-loss is. With 50x leverage, a 2% Bitcoin fluctuation can wipe out your account entirely. This isn't trading—it's participating in a game where the odds are already fixed.

**Two bottom lines I’ve summarized through blood and tears**

First: Never exceed 10x leverage. That’s the rule I now follow—maximum 10x, with each trade risking strictly 1%-2% of the total account balance. For example, if your principal is 10,000 USDT, and you go long on Bitcoin with 10x leverage, only that 10,000 is at real risk. Even if prices plummet, your remaining bullets are still there.

Second: Don’t think that a small account can withstand high leverage. Small accounts are even less able to handle any correction—precisely because the principal is small, they need stricter risk control.