When there's only $86 left before liquidation, what is Yilihua thinking?

This morning, when Bitcoin dropped to $60,000, the address of the well-known KOL Yilihua was only $86 away from the liquidation line.

$86—during a bull market in crypto, it's not even enough for a decent Gas fee, but it’s the last line of defense between him and bankruptcy.

Here's a story.

An old gambler in a Las Vegas casino lost everything—his house, car, and his wife’s jewelry—leaving only $100 in his pocket. He walks up to the Russian roulette table, bets all $100, closes his eyes, and pulls the trigger.

Click—empty chamber.

He survives.

At this moment, a smart person would take that $100 and leave the casino, go home, and hug their wife and kids. But a gambler wouldn’t—they’d think they’re lucky and pull the trigger again.

Yilihua is that gambler.

99% of people believe they are among the 1% chosen by fate.

We often mock others’ failures and ignore our own. Seeing Yilihua almost get liquidated, the comment section is full of ridicule, but honestly, aren’t we all the same?

I used to be a "smart person" too.

Last year, I heavily invested in a shitcoin for eight months straight, watching my account turn green little by little—from -30% to -50% to -80%—like slow suicide.

Finally, one day, it recovered to my cost basis.

At that moment, I could have walked away completely, but greed made me hold on. I thought, “I’ve endured so long, I can’t just break even and leave, right?”

Now that coin has fallen ten times more, becoming my biggest loss in investment history.

God gave me a chance, and I didn’t take it.

Yilihua is the same. When he was just $86 away from liquidation, the market suddenly rebounded. That’s not his skill; it’s a gift from fate.

But I worry that he will take this lucky break as proof that his judgment was correct.

The greatest weakness of human nature isn’t greed, but complacency.

Complacency makes people think they’ll never be the unlucky one; it makes them dance on the edge of a cliff; it makes them mistake luck for skill.

There’s a saying in crypto: “Surviving is already winning more than half the battle.”

But most people misunderstand it—they think surviving means making money in a bull market. In reality, surviving means protecting your principal in a bear market.

The market won’t show mercy because of your story, nor will it go easy because of your tears. It only follows one principle: risk management is always more important than expected returns.

If you’re currently holding a large position in a certain coin, if you’re leveraging more, or if you think you’re unlikely to be the one to get liquidated—remember today’s story of Yilihua and that $86 near-liquidation.

The hand of fate has already reached out—are you going to hold on?

Sometimes, accepting your fate isn’t giving up; it’s facing reality.

After all, in this market, those who can walk away intact are the true winners.