A few days ago, I had dinner with my younger cousin. He was clutching his glass of wine, eyes red and swollen: "Sis, I lost 60,000 USDT. I just opened an AIA 10x leverage position, how could it have been liquidated so quickly?"
I took his phone to check and was shocked by the trading record—full position, 10x leverage long on AIA, no stop-loss, no position management. The market only pulled back by 6%, and his account was wiped out instantly by the system. I sighed: "You're not trading crypto, you're gambling with your life."
Many newcomers think that full leverage is the fastest way to get ri
View Original