I received a voice message at #数字资产市场观察 in the early morning, and Old Zhang excitedly told me that his account finally surpassed 23,000 U. I congratulated him and then made a decision - to delete the contact information.



It's not that I'm turning against him, I'm really afraid that he'll drag me down too.

Four months ago, this guy was still smoking in front of my door. After three waves of altcoin operations went completely wrong, the 1500U rent money was wasted, and I still remember his lost and dejected look.

At that time, I set three strict rules for him: if he strictly followed them and still incurred losses, it would be my responsibility; if he violated any rule even once, I would immediately cut ties. He agreed readily, not knowing that these rules would save his life in the future.

The 800U startup capital has been forcibly divided into three parts. 300U is for short-term trading; I will exit once a 5% profit is reached. The other 300U will wait for technical support levels to enter the market. The remaining 200U will be transferred directly to a cold wallet, with the private key in my custody.

A colleague in the office doubled his PEPE investment in two minutes, and Old Zhang was extremely jealous. I showed him a bunch of liquidation records to hold back his impulse. In the first month, there were 37 trades, with a win rate consistently at 68%, and the account curve looked very nice.

ADA has been consolidating for a whole week. I forced him not to watch the market and to go to the gym to lift weights. When it finally broke through $1.2 with volume, I let him use 20x leverage to catch that 18% surge. He withdrew 15% profit that same day and took his mom out for a nice meal. That time he said, "So this is what it feels like to make money."

Set a 3% stop-loss for each order, and automatically move to the breakeven point when profiting 8%. LTC suddenly broke out with bad news, and he wanted to cancel the stop-loss to buy the dip. I directly sent over a few news articles about the market crash and remotely locked his account permissions. In the end, he stopped out near the breakeven line, perfectly avoiding the subsequent 22% crash.

After the account exceeds 20,000 U, people start to feel high and mighty. They begin to call themselves "the new force in the crypto circle" on social media, and they take over the afternoon tea for the whole office, almost drinking Starbucks until they are sick.

I reminded him multiple times to take 30% of the profits and reduce his position, but he kept saying "don't worry." As a result, he turned around and went all in with 50x leverage on a certain meme coin.

I took a screenshot and directly deleted the friend. Thirty minutes later, the coin price dropped by 52%, and he frantically messaged for help with a secondary account. I replied with just one sentence: The market specifically punishes arrogant people; discipline is the foundation of survival. Goodbye.

In the cryptocurrency market, the allure of doubling your investment is as enticing as the loudness of a liquidation.

Money earned by following the rules must be kept by following the rules. Those who cannot keep it can only go their separate ways.
PEPE-6.47%
ADA-10.78%
LTC-4.67%
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JustHereForAirdropsvip
· 12-04 12:44
That's pretty harsh, but honestly, this is the most clear-headed attitude when it comes to trading crypto. If you can't stick to discipline, you deserve to get liquidated—there's no one else to blame.
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TideRecedervip
· 12-01 13:47
This is the crypto world, the most dangerous time is when making money.
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GraphGuruvip
· 12-01 13:37
Tsk, this is a typical case of "getting carried away once the money is made"; the more restraint there is at the beginning, the greedier one can be at the end. News of account bankruptcies plays out every day, but very few people actually heed it.
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MerkleDreamervip
· 12-01 13:36
This story is explosive, using 50x leverage to chase internet memes coin is really a path to self-destruction... But to be honest, it's already lucky that Old Zhang can come back alive. The crypto world is like this, one second a millionaire, the next a beggar.
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LiquidationOraclevip
· 12-01 13:29
This story is ironic; after putting in so much effort to teach him discipline, his first reaction upon making money is to ditch the coach, a typical suckers awakening route.
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gm_or_ngmivip
· 12-01 13:26
This guy's story, to put it simply, is "live by the rules, die without them," but how many can actually stick to it?
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MissedAirdropBrovip
· 12-01 13:24
This story is harsh, but I have to say - Lao Zhang's 52% big dump is truly deserved. Once a person tastes success, they become arrogant and completely forget the lesson of the previous 1500U rent. With this mindset, even if you give him 1 million, he will still lose.
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