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

Last month, I experienced a liquidation that still makes me shudder. That day, I was staring at the screen, and the account balance dropped to zero in just 10 seconds—my entire month's salary was gone just like that. During those few seconds of fluctuating numbers, my heart was about to jump out.



Since then, I haven't touched contracts again. In the past few days, I spent a lot of effort and finally managed to grind my account from 10U to over 100U. Every trade was done cautiously, afraid of repeating the same mistakes. Now, the only asset I have left is an electric bike, and I'm really worried that one day I might have to put that in as well.

Recently, I've been tempted by PIPPIN's trend, but thinking about the last lesson... I'd better pass. With contracts, it’s not a joke that you can go bankrupt in ten seconds.
PIPPIN11.14%
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
  • 3
  • Repost
  • Share
Comment
0/400
ChainMemeDealervip
· 14h ago
The feeling of dropping to zero in ten seconds is really incredible, I've experienced it too... now I get shaky hands just looking at the Candlestick.
View OriginalReply0
ForkLibertarianvip
· 14h ago
At the moment of dropping to zero in ten seconds, I estimate I directly soared up.
View OriginalReply0
Layer2Observervip
· 15h ago
The fact that dropping to zero in ten seconds can indeed change a person, but from an engineering perspective, there is a misconception here—most people think it's an issue with the contract itself, but the core lies in the mathematical design of the leverage mechanism and the flaws in individual risk control models. Once these two elements are coupled, it becomes a disaster. The fact that you can restrain yourself now indicates that you have learned something, which is better than most people.
View OriginalReply0
  • 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)