2025-12-31 07:26:01

The market always tends to go against the trend. The more you try to follow the crowd, the more it wants to trap you.

Six years ago, I lost $1,500 in living expenses in a single day, and I felt like the whole world was collapsing. But looking back now, that was not a dead end at all—it was actually my "tuition" for entering the crypto world. No insider information, no catching any epic market moves, just a clumsy method I painstakingly figured out. Liquidation, cutting losses, desperate nights—all of these became the nutrients for my trading logic. True progress is when external chaos can no longer influence your judgment.

The pitfalls I stepped into over the years are now just stories.

In the early days, I was just a machine chasing gains and cutting losses. I’ve seen a college student stare at the market every day, with sleep quality terribly affected—completely my clone. The worst case was being tricked by a "big V" on Twitter into some sports betting arbitrage, ending up completely broke and dragging others down with me, finally owing $750,000. That’s when I realized: in this world, always ask for evidence before trusting someone.

There’s another trader’s story that hits close to home—after earning six figures from a clone coin, full of confidence, he went all-in on XRP, only to watch it drop 90%. The most dangerous time isn’t when the market is bad, but when greed starts talking.

Six Market Rules I’ve Learned Over Six Years

Through repeated failures, I’ve gradually understood the market’s temperament. These rules aren’t some profound theories; they are common sense earned through blood and tears.

XRP-1,01%

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SillyWhale

· 16h ago

Is 1500U of living expenses really gone? Damn, how strong must that mentality be to laugh and talk about tuition fees? I must be crazy to get so upset. Whoa, $750,000 in debt. Has this guy really come back to life? Just thinking about it keeps me awake. The guy chasing XRP probably wants to vomit every time he sees XRP now. What is this "iron law" again? I was told there would be six, but they only talked about the beginning. I'm so tempted, haha. The most pitfalls happen when you make a little money—that's so true. I can feel my hands start to shake. When I was a beginner, I was the same. Anyone shouting on Twitter, I’d rush in. Now I think about it, I was really stubborn. That's why I don't believe any news now. I only look at charts; everything else is nonsense. Losing 1500U and still being so calm to tell a story—that's something only someone who has truly come back to life can say.

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WhaleWatcher

· 2025-12-31 07:54

Really, I experienced the 1500U incident too, but back then I didn't think so openly. Now I understand, it was basically paying tuition fees; without these pitfalls, I wouldn't be able to understand the market tricks. Damn, at the moment of chasing orders with full position, I felt like I was a walking ATM. I was also a fool during the period of chasing gains and cutting losses, with sleep quality so poor that it was unbearable. Looking back now, I feel especially scared. I heard the story about the $750,000, it's a bit outrageous. That's the price of trusting the wrong people. To be honest, greed is the biggest enemy, more deadly than a market crash. Take it slow, there's no rush anyway. The market is always there waiting to trap you. Lessons learned through blood and tears are more valuable than any big V's signals, I agree with that. Actually, the most heartbreaking story is the one about full-position XRP dropping 90%. The most dangerous time is often when confidence is at its peak.

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Liquidated_Larry

· 2025-12-31 07:45

$1500 living expenses... I directly went all-in with 50 bucks back then, and as a result, I was completely scammed by a "secret inside market." Thinking about it now, I still feel quite scared. I truly empathize with the part about chasing gains and selling losses, staying up until 3 a.m. watching candlestick charts every day. Looking back, it was just self-punishment. I've seen too many tricks of going all-in on a single order, and the final result is always the same. Following the trend is equivalent to seeking death; this statement is so true. The more blood and tears stories I hear, the more I feel I'm just a rookie. It seems that big V's just survive by harvesting newbies; it's really terrible. Greed can destroy all previous efforts in an instant, maximum difficulty. Ask for evidence before trusting someone; how much tuition do you need to understand this? Now I just do the opposite of what others call out, anyway, the more they shout, the more I doubt. That $750,000 debt... how long will it take for this guy to turn things around?

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WalletDetective

· 2025-12-31 07:43

1500U living expenses, this is my alarm bell. I still remember that feeling of despair. Chasing gains with full positions was really brainless. Now I can live more clearly. That big V owes 750,000 in debt. I've heard too many similar stories, all of them heartbreaking. The overconfidence and full positions during bull markets—I feel like I see someone repeating this every bull run. The market just loves to harvest those who follow the trend. I've seen through this in recent years.

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tx_or_didn't_happen

· 2025-12-31 07:41

Six years of 1500u tuition fees in exchange for inhumane trading logic. This deal might be worth it, but I'm afraid most people will go bankrupt before that day even arrives.

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LiquidationWatcher

· 2025-12-31 07:40

The day I realized that 1500U living expenses are just a fact, the market has no sympathy, really. --- I know the guy who was all in XRP; I later heard he was hiding in a small town and not going out. That's the price of greed. --- Now I understand that those chasing the trend are all giving money to the whales, each one worse off than the last. --- Six years, some people lost everything in six months; this guy is still alive, so he’s won half of the people. --- I've also seen the big V scam case; owing $750,000 sounds hopeless, I really don’t know how they turned it around. --- Cutting losses to gain wisdom may sound like a motivational quote, but many people live like that. --- The market is best at reverse killing those who are overly confident, that's true; I've seen too many margin calls from overconfidence.

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CryptoHistoryClass

· 2025-12-31 07:28

statistically speaking, this is exactly how every bubble cycles through... euphoria, then capitulation, then the "i learned my lesson" thesis. history doesn't repeat but man does it rhyme with precision lol

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