#美国就业数据表现强劲超出预期 Daily Loss Encyclopedia: The Deadly Trap of Full Position and High Leverage

Newcomers entering the crypto world all share the same dream—using leverage to turn things around. They think that without leverage and heavy positions, they have no chance to make a comeback. But the reality is harsh: this approach is an excellent way to accelerate losses.

The first misconception, which most people have fallen into. Leverage looks like a profit amplifier, but in reality, it amplifies market volatility. The cryptocurrency market spends most of its time oscillating, with price swings being ridiculously frequent. You might have identified the right direction and trend, but in the end, market small fluctuations can wipe you out. Stop-loss orders get triggered, forced liquidations happen—this isn’t due to poor skills, but because your position sizing was wrong from the start.

On the other hand, think about what kind of users exchanges favor most. The answer is straightforward and a bit brutal:

Full positions. High leverage users. People who trade frequently all day. Those who stubbornly hold without ever stopping out.

In the exchange’s ledger, stop-loss means liquidity; liquidation means counterparty risk; transaction fees mean stable cash flow. You think you’re risking everything, but in fact, the market is using you as fuel.

What about the veterans who truly survive in the crypto space? Their common traits are:

Keep positions light. Don’t risk your entire wealth in one trade. Use low leverage, or even avoid leverage altogether, so you can calmly handle market fluctuations. The top priority is always survival, not making big money. When betting, focus on certainty, not odds.

They haven’t given up on making money; they’ve long realized a truth: opportunities always outnumber capital. Going all-in with heavy positions and high leverage is essentially feeding fuel to the market.

Want to stand firm in the crypto world? The most practical first step is: find a trading platform with reasonable fees and survive first. That’s the first lesson in trading.

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