I saw Gate's activity on the trending topics, with the theme being #我的Gate交易时刻 .

So I want to share my real experience; this screenshot of Gate is an important milestone in my trading career.

Not because I made a huge profit, but because it completely shattered my illusion of leverage as a myth. Liang Xi turned 1,000 yuan into 30 million, dreaming of becoming the next legend.
50x leverage, long position on BTC, watching the profit rate turn from red to green with anticipation, a loss of 4,392.55 USDT, like a cold splash of water waking me up.

I kept thinking I could hold on and recover, believing high leverage was a shortcut to wealth, until this trade made me realize: leverage doesn’t amplify gains, it exposes human weakness. The faith I held in my position, vulnerable to just 2% counter-movement, was fragile beyond belief. I always thought that as long as the direction was right, leverage could double the returns, but I forgot that leverage also amplifies risks— even if the direction is correct, short-term volatility can lead to disaster.

This loss taught me three unforgettable lessons:

1. Leverage is not a tool, it’s a magnifying glass: it amplifies your gains, but also your greed and fear. Under 50x leverage, even if the direction is right, short-term fluctuations can wipe you out instantly.
​
2. Unwavering faith without stop-loss is worthless: the market won’t pay for your obsession. Holding on without stop-loss is essentially betting all your capital on an uncertain rebound.
​
3. The most fatal mistake for beginners is overestimating their judgment: don’t think that your opinion can oppose the market. You never know what surprises (or shocks) the market will give you in the next second.

Thanks to Gate @Gate for recording this embarrassing moment, and it also turned me from a gambler who trades on feelings into a disciplined trader who follows rules. The money lost here is just tuition for my growth.

#我的Gate交易时刻 @Gate__Square