2025-12-26 14:11:03

#数字资产市场动态 Can the crypto market really change destinies? I want to share a story that happened around me.

A friend of mine is a post-2000s, running a small company himself, with a steady annual profit of about 1.2 million. Last year, he entered the crypto world.

Initially, he invested a few thousand yuan in scam coins, using 3x leverage, and in a week, it turned into 60,000. After withdrawing from the exchange, he started to really study this market, especially the derivatives trading. By August, things started to change. He deposited 5,000 yuan and used 50x leverage to short the scam coin he bought, but he was liquidated in 3 seconds. He then deposited another 5,000 yuan, continued to short with 50x, and was liquidated after half an hour. That’s how he began his derivatives trading journey.

From August to December, he lost over 200,000 yuan just on scam coin contracts. During that time, he sat in the office every day watching the charts, neglecting his company’s affairs. Later, he found that scam coins were too volatile and the charts too fake, so he shifted to mainstream coins like BTC, SOL, and ETH.

Account records show that he accumulated a loss of 57,000 USDT on a certain exchange. Later, due to payment disputes, his deposit was restricted, and this ban lasted half a year.

Last year, after watching short videos, he saw BTC approaching $90,000 and started to get itchy again, sensing a shorting opportunity. He registered an account in Hong Kong and started trading on another platform. The most memorable moment was during the SOL surge to $210, when he used 80,000 USDT full margin to short... and as you can imagine, the outcome was not good.

What was the cost of all this? The girl he had been with for three years left him. On the day she left, she said: "I don’t want to marry a gambling dog."

Recently, he sold a Toyota Prado and a nearly unused Xiaomi car. Now he drives an old Nissan from over ten years ago. From a small boss, he has become a joke in others’ eyes.

Are you still hesitating whether to enter this market?

BTC-0.1%

SOL0.49%

ETH0.32%

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DeFiAlchemist

· 2h ago

the risk-adjusted mathematics here are absolutely brutal... 50x leverage on shitcoins is basically just financial transmutation gone wrong, tbh. dude had a functioning business generating stable yield and threw it all into the algorithmic void. the protocol of self-destruction is working perfectly.

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MidsommarWallet

· 8h ago

Honestly, this guy is a textbook example of a bad lesson. Playing with 50x leverage so recklessly. --- After hearing the whole story, I just want to say, contracts are a bottomless pit; it's easy to get in but hard to get out. --- Risked losing 57,000 and still dare to turn things around? That takes a big heart. I really admire that. --- I guess they only realize it at the moment of selling the car, but it's already too late. --- That one sentence from my girlfriend really hit home — it reflects reality. --- That's why I firmly avoid contracts. Living is way more important than making quick money. --- The question is whether it can change your fate. The guy definitely changed it, just in the opposite direction. --- Every time I hear stories like this, I want to advise those around me, but they still want to take a gamble. --- From a profit of 1.2 million to selling the car, this huge rollercoaster was truly incredible. --- DYOR and risk management sound useless until you blow up your account and realize it yourself.

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MoneyBurner

· 8h ago

I'm very familiar with this story; I've at least met three such buddies around me. I couldn't help but laugh out loud during the 50x short on SOL segment—this is a textbook-level "antifragile" real-world example...

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ThreeHornBlasts

· 9h ago

Really incredible, this is the confession of a gambler. At first, I made some money and got carried away, but I ended up sinking deeper and deeper. This contract thing is just a money-grabbing machine.

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PseudoIntellectual

· 9h ago

Oh my god, listening to this story really tires me out... 50x leverage is truly playing with fire, the feeling of being liquidated in a second is just incredible.

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FloorPriceWatcher