99% of brothers are actually harmed by a single sentence.

This is also why retail investors keep dying in the same place, cycle after cycle.
That sentence is:
“Declines are limited, but gains are unlimited.”
It sounds like a truth, but in reality, it’s an extremely dangerous cognitive trap.
Many people lose everything not because they don’t understand technology,
but because from the very beginning, they reversed their direction based on this sentence.
The most classic case is still #LUNA in 2022.
On May 10, 2022, $LUNA plummeted from $119 to $10.
A drop of 91.6%.
Countless people’s first reaction at that time was:
“It's already fallen so much, where else can it go?”
Some even did the math directly:
Go all-in with $10,000 at $10,
Even if it rebounds to $20, that’s double.
But what happened?
In less than 36 hours, LUNA went from $10 directly to $0.1.
$100,000 turned into $1,000.
Losing 99% again.
This is the reality:
If you lose 99%, you can still lose another 99%.
Today, I will explain this cruel logic once and for all.
Many people think, “The decline is limited” is correct because the price can at most go to zero.
But this is a pure mathematical illusion.
From 100 to 1, a 99% loss;
From 1 to 0.01, still a 99% loss.
Your account won’t show mercy just because “it has already fallen a lot.”
What really kills the market,
is never the first drop,
but your belief that “it has fallen enough.”
LUNA is a typical “double 99%.”
The first drop, from 119 to 10, took two days.
Most people think: extreme panic, the bottom has arrived.
The second drop, from 10 to 0.1, took less than two days.
For those who bought at $10,
it’s not “a little more decline,”
but a direct verdict of account death.
From 119 to 0.1, a total decline of 99.92%.
FTT is even more brutal, it’s “multiple illusions.”
In November 2022, FTT dropped from 24 to 2.4, a 90% decline.
Many started to buy the dip, saying “emotional panic has gone too far.”
Then, FTX went bankrupt.
FTT dropped from 2.4 to 0.88, rebounded to 1.2 in the middle,
some continued to add positions.
Finally, it plummeted to 0.01.
From 24 to 0.01, a decline of 99.96%.
But for those involved,
it’s a series of real events:
consecutive losses of 63%, 50%, 90%.
You don’t die once,
you are repeatedly executed.
Even BTC is the same.
In 2022, BTC dropped from 69,000 to 15,000, a 78% decline.
Many say:
“Still far from zero, the decline is limited.”
But from a personal account perspective:
Buy at 60,000 → drop to 30,000, lose 50%;
Add more at 30,000 → drop to 15,000, lose another 50%.
Every time you think “it’s almost over,”
the market has the power to make you lose half again.
So the question is:
Is the decline really limited?
From an absolute price perspective, yes;
but from percentage, time cost, and psychological endurance, absolutely not.
What’s even more brutal is:
Most people don’t die at zero,
but die during long-term holding and missing cycles.
You can’t wait for that “limited bottom,”
because you overestimate your patience,
and underestimate the market’s cruelty.
More important than “limited decline” are these three ways of thinking.
First, declines seem limited, but your endurance is limited, so you must cut losses.
Second, gains seem unlimited, but your time is limited, so you must take profits.
Historically, each BTC bull market’s retracement has been between 77%–87%.
Third, every time you think “it’s bottomed,”
the market can still make you lose another 50%.
Those who survive to the next cycle,
are never relying on holding through,
but on position management.
Finally, two practical tips:
First, set a “tolerance stop-loss line.”
Don’t ask how much it will fall before you stop,
ask how long you can endure floating losses.
If you can only hold for 3 months, and the floating loss hits 20%, it’s time to exit;
If you can hold for a year, the stop-loss can be set at 40%.
As for “I can hold for 5 years,”
ask yourself again after three months.
Second, set a “satisfaction take-profit line.”
Don’t dream of an infinite top.
50% floating profit, take 20%;
100% floating profit, take 30%;
200% floating profit, take 50%.
Making money within your cognitive range already beats most people.
Finally, a word.
I’m not saying someone is wrong,
“Risk control and risk-reward measurement” are of course correct.
But the phrase “declines are limited,”
for most retail investors, is poison.
Because it creates an illusion:
“Anyway, it can only go to zero, I can hold.”
The truth is:
After a 99% decline, it can still fall another 99%,
and your life and account can’t wait for that “mathematical bottom.”
The market doesn’t care what you believe,
it only cares if you have stop-loss,
take-profit,
and if you survive to the next cycle.
‍#ETH #BTC #liquidation #CryptoMarket