Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

At nearly four in the morning, my phone vibrated.



It is a screenshot - the account balance section, glaringly red, only 0.37U left.

The caption is just three words: "Is there still hope?"

I stared at the screen for a while and sent three words: "Don't open the market."

I have known him for six years. We stayed up all night playing games together in college, and last year he even shared a photo of his new car on social media, with a comment section full of "congratulations." Now this scene feels like watching someone else's life.

This is not his first time hitting zero. To be precise, it's the seventh time.

The first time, he invested 6000 yuan in contracts and turned it into 90,000 in three days. At that time, I was also excited and thought this guy really had some skills. But less than 72 hours later, the account was left with only 12,000.

At that time, he was still laughing and saying to me: "It's okay, the feeling is here, next time it will be stable."

I casually liked it at the time, without thinking much. Looking back now—that like was like handing him the next fuse.

Leverage, the most insidious aspect is not that it makes you lose money.

Instead, it packages the entire process as a challenge game.

If you do it right, you feel like you're the chosen one; if you do it wrong, the system directly liquidates you, not even giving you a chance to catch your breath. The most deadly part is – ten minutes after the liquidation, he can open another position. The only thought left in your mind is: "Catch a wave and I'll get it all back."

This goes on in a cycle. When the principal is gone, I swipe my credit card; when the credit card is maxed out, I borrow from friends. In the end, I can't even gather enough to lose, and only then does the screen finally quiet down.

What’s more terrifying is that he is still reviewing: "I just acted too slowly on the stop loss."

Hearing this, I was completely stunned—he still thought it was a technical issue and didn't realize he had already fallen into it.

The first thing to truly consider is not to study candlestick charts or memorize indicators.

It must be acknowledged that a harsh truth is: "I am not trading, I am addicted."

The second thing is to learn to accept the word 'slow'.

Block all channels that promote "get rich quick" schemes; accept the pace of being paid monthly; even accept the slow pace of haggling for two yuan at the vegetable market.

The day you can earn a hundred bucks all day without feeling tempted will be when you truly move on.

After that night, he really powered off his phone. He deleted all the apps with leverage features and switched to an old phone that could only make calls.

Three months later, when I saw him again, he was already working at a company with a monthly salary of just over 8,000, occasionally working overtime until 10 PM.

Someone asked him if he was tired.

He smiled: "It's much easier than staring at the market, at least I can sleep at night."

It wasn't the market that let him go, it was he who finally let himself go.

Most people are trapped in a loop, not because they don't work hard enough — but because they lack a truly awakening moment.

The market is always there, but a person only lives once.
BTC2.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
GmGnSleepervip
· 11-29 16:09
The seventh drop to zero is still blaming the stop loss being slow, this guy really has no hope...
View OriginalReply0
NotAFinancialAdvicevip
· 11-28 10:16
After dropping to zero seven times, I'm still studying the stop loss speed, I am impressed.
View OriginalReply0
GasGuruvip
· 11-28 07:03
Blaming the slow stop loss after the seventh drop to zero, this guy is really hopeless.
View OriginalReply0
FUD_Whisperervip
· 11-27 08:24
The seventh drop to zero is still blaming the slow stop loss, bro you should wake up. --- Leverage is poison, the kind you can't quit. --- After reading this story, I have one feeling, switching to an old phone really saves lives. --- To be honest, we are better at finding excuses than making money, right? --- I've heard the phrase "next time stable" too many times, it has never been stable. --- With an 8k monthly salary, sleeping well is much better than staring at the k-line at midnight and having a heart attack.
View OriginalReply0
MetaverseVagabondvip
· 11-26 19:54
The seventh time? Bro, this isn't a technical issue, it's a sickness --- When I see this, I think of my uncle, who is also using an old phone, and his sleep quality has indeed improved --- Leverage is really poison, you can get liquidated in ten minutes and come back for another order, this design is just to play people for suckers --- Agreeing with one is like handing over a fuse, that hits hard --- To be honest, earning 8,000 a month and being able to sleep well is indeed much better than staring at the market every day --- At that moment of 0.37U, I don't know what he was thinking, but it definitely wasn't "I should reflect on this" --- I've been through it too, the scariest part isn't losing money, it's wanting to recover after losing it all, completely unable to stop --- This story needs to be shared with my friends who are still dreaming of getting rich overnight
View OriginalReply0
FlashLoanPhantomvip
· 11-26 19:50
Is the seventh drop to zero still researching stop loss? Dude, this is no longer a technical issue.
View OriginalReply0
DuskSurfervip
· 11-26 19:43
It's the seventh time... this guy is really persistent --- Seeing that 0.37U, I just knew the next step would definitely be the dream of turning things around again --- The most ruthless part of leverage is that it makes you feel like the chosen one, only to turn you into garbage in an instant --- Honestly, I also have a fren like this, now I don't even dare to transfer money to him for fear it will be used to enter a position --- Really, hearing about slow stop loss makes my scalp tingle, this guy is addicted --- Switching to an old phone is brilliant, sometimes self-discipline relies on physical isolation --- I can relate to that like, unintentionally becoming an accomplice in pushing him in --- The market is always there, that's true, but a person's rationality is just this much --- Having an 8k salary is much better than lying in bed staring at candlesticks in a state of panic.
View OriginalReply0
NFTBlackHolevip
· 11-26 19:41
The seventh drop to zero and you're still thinking about a quick stop loss? Bro, this is no longer a technical issue, this is just a gambling addiction.
View OriginalReply0
UncommonNPCvip
· 11-26 19:35
Seriously, blaming the slow stop loss after going to zero seven times? This guy is really beyond help. --- Leverage is like electronic drugs, you just can't stop once you start. --- This story needs to be shared with my fren, he's still in a dreamlike state of buying the dip. --- From 6000 to 90k and then to 12k, it's painful to watch, isn't this just a repeat of last year for me? --- The most ridiculous part is deleting the app and switching to an old phone, how desperate do you have to be to make that decision? --- The market is always there, but people only live once—this hits hard. --- He still thinks it's a technical issue, hahaha, a typical self-deception of an addict. --- With a monthly salary of 8k, yet I can sleep better than staring at the charts, that's really a win.
View OriginalReply0
SchrodingerAirdropvip
· 11-26 19:35
The seventh drop to zero is still blaming the stop loss for being slow; this guy is really hopeless.
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)