2025-12-26 13:27:29

The money in the crypto world is always teaching people to make choices. A 22-year-old guy invested 28,000 yuan into a shitcoin, and after three days, his account was left with just over 300. He asked me to "bring it back" and recover his losses, but I didn't agree — not out of indifference, but because I know very well that the myth of "bringing it back" in this circle simply doesn't exist; only endless "bringing it down."

I started getting involved in this market in 2017, when Bitcoin just broke through the 10,000 yuan mark. Over the years, I've seen the madness of overnight million-dollar gains and also experienced the despair of millions in assets evaporating in an instant. Today, I want to share these blood lessons in hopes of helping newcomers avoid some pitfalls.

**Understand these points before getting in**

Many people enter the crypto space like gambling, rushing in after listening to others hype it up, without even understanding the basic concepts.

Bitcoin is the stabilizer of this market, the most resilient during downturns, and can be understood as the digital world's gold. Ethereum is the underlying platform for smart contracts, on which most projects are built. In comparison, those flashy altcoins on the market are 99% carefully designed tools to scam retail investors. Once the market reverses, there's a high chance of losing everything and going to zero.

I've seen too many people trade coins with a "garlic trading" mentality, only to end up losing all their capital.

**Position management is the foundation of survival**

Never go all-in. If you're fully invested and the market drops too much, no skill can save you. I personally keep my positions within 50%, so I have the capacity to add on dips and won't miss out on upward moves due to being fully invested.

This ratio isn't meant to be the same for everyone, but the core principle is: leave enough flexibility to cope with extreme market volatility.

**Absolutely avoid contract leverage**

This has been my deepest lesson over the past five years. Leverage may seem to amplify gains, but it also greatly increases risks. Liquidation can happen faster than you can react.

BTC-1,53%

ETH-1,65%

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GasFeeCryer

· 16h ago

28,000 invested in altcoins, only 300 left after three days... Haha, this is the first lesson the crypto world has taught us: there’s really no leading the market, only being led to collapse. People with full positions won't survive the next bear market, I agree with this statement.

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zkProofGremlin

· 23h ago

Really, the idea of "bringing others up" is just an illusion. I've seen too many people get wrecked this way. Once a full position crashes, there's really no rescue—better keep some bullets. Small coins are 100% scythe machines for harvesting leek farmers; stay away. Leverage is like an invitation from the Grim Reaper; liquidation happens so fast you can't react. A 22-year-old guy lost quite a bit this time, but this tuition might be the cheapest lesson he ever pays.

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Liquidated_Larry

· 12-26 13:47

28,000 in three days, only 300 left... This guy is really ruthless, directly giving himself a lesson. Compared to "leading the way," I believe more in ruining it; I've seen it too many times.

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GateUser-9f682d4c

· 12-26 13:46

28k three days left with 300, this is what you call a real "multiple choice" question, you’re just eliminated directly. Flying high? Bro, are you trying to fly or fall? Full position trading is really a suicidal move; I’ve seen too many people die because of it. Contract leverage is like a deadly scythe in the circle, liquidation happens so fast you can’t react. Small coins? 100% money-cutting machines, just stay away. People who got in during 2017 and are still alive, they should be waking up now, right? The crazy prices back then definitely came at a heavy cost. Just jumping in because others hype it up—that’s exactly the gambler’s mentality, the most common type in the crypto circle. Position control is truly the only way to survive; I also keep it within 50%.

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MintMaster

· 12-26 13:46

Listen, losing 28,000 is quite a gamble... Honestly, going all-in on altcoins is just asking for trouble.

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GasFeePhobia

· 12-26 13:41

Flying high? Dream on, the crypto world doesn’t have that kind of thing --- Most people with full positions are already dead, I’m serious --- 22 years old, invested 28,000 in altcoins... how much can I gamble? --- Leverage is like a noose around your neck, it’s only a matter of time --- Bitcoin Gold, altcoins trash, I buy into this logic --- Since 2017, those still alive have already won, the rest are cannon fodder --- Don’t listen to those talking about flying high, this guy’s the one who’s lasted longer --- Position management, really, I previously went all-in and lost a kidney’s worth of money --- This is the crypto world, either get rich overnight or go bankrupt, no middle ground --- Sounds reasonable, but I still want to go all in... --- A bunch of coins have been wiped out, don’t touch flashy stuff --- Five years of experience is valuable, I just haven’t learned that lesson in these five years

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GasFeeCrier

· 12-26 13:38

28,000 yuan lost in three days, this guy must be so inflated... Boosting? More like crashing, that's about right. The crypto world is just like this.

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