Lessons learned in the crypto world! 99% of people fall for "rollover", don't let your hard-earned money go to waste.
Family! Don't let this "rollover" thing trick you anymore! Today we will expose its secrets, and after reading, you can save a few months' salary. Hurry up and share it with friends who are still messing around in the crypto world! First, understand: what exactly is the rollover operation? To put it bluntly, it means "losing money without admitting defeat, stubbornly pouring in money to tough it out," with an air of gambler's madness throughout. Let's break it down with real cases, and by the end, you'll definitely feel a chill down your spine: Step 1: Borrow money to go all in, confidence at its peak. You have 1000 as principal and feel that "small bets are meaningless," so you directly opened 10x leverage — putting in 1000 yourself and borrowing 9000 from the exchange, making a total of 10,000 to buy Bitcoin. At that time, you were quite pleased, thinking: "A 10% increase will double my investment, guaranteed profit!" Step 2: The coin price plummets, and the principal is halved. Just after buying, bad news suddenly exploded! Bitcoin dropped 5% directly, and your 10,000 yuan position instantly lost 500 yuan, leaving only 500 yuan of your original 1,000 yuan capital — it looks like you are about to be forcibly liquidated by the exchange, losing everything! Step 3: Urgently add money, sinking deeper and deeper. At this moment, how can you be willing? Your mind is full of "If it drops again, I'll add more money, and when it rebounds, I can break even," quickly recharging 2000 yuan to supplement the margin, thinking, "This time I can definitely hold on." Step 4: Either liquidated to zero or barely break even (extremely low probability) What bottom line is there for fluctuations in the crypto world? As prices continue to fall, you can only keep throwing money in, and in the end, you'll either run out of resources, lose all your principal and still owe money to the exchange (margin call warning ⚠️); or you'll be lucky enough to catch a rebound and barely break even, but the odds of that are lower than winning the lottery! Why is it said that "rollover" is like giving away money? 3 pitfalls you must avoid! Like being addicted to gambling, the more you lose, the more you want to turn it around. Once you start to top up the money, it's like getting caught in a gambling game, always thinking "I'll win it back on the next round," and in the end, you end up losing more and more, possibly losing several months' salary in just a few days, or even putting all your savings on the line! The volatility in the crypto world is too great; it's simply unbearable. In the crypto world, there are no limits on price fluctuations. A single policy or piece of news can cause the price of a coin to plummet instantly, dropping by 20%. Your margin is simply not enough to withstand it, and adding more funds would be like throwing money into the water! 99% of people ultimately end up with "nothing to show for it" Don't be fooled by the stories of "rolling over for a comeback" online! In reality, 99% of people who play the rollover end up going from "wanting to break even" to "losing all their principal", and in the end, not only do they not make any money, but they may also end up in debt, regretting it too late! Finally, let me say a word of truth: If you are losing, quickly cut your losses! Don't learn from TV dramas about "all-in comebacks", the crypto world is not a casino, and there aren't that many "miraculous turnarounds". Timely loss-cutting is the key to preserving your capital! If you find it useful, please give a follow! I will share more practical tips on avoiding pitfalls in the crypto world, helping you steer clear of those traps that can make you "poor overnight." Let's steady ourselves in the crypto world together～ #九月份加密市场能否突破##Gate 新上线 WLFI##今日你看涨还是看跌？#
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Lessons learned in the crypto world! 99% of people fall for "rollover", don't let your hard-earned money go to waste.
Family! Don't let this "rollover" thing trick you anymore! Today we will expose its secrets, and after reading, you can save a few months' salary. Hurry up and share it with friends who are still messing around in the crypto world!
First, understand: what exactly is the rollover operation?
To put it bluntly, it means "losing money without admitting defeat, stubbornly pouring in money to tough it out," with an air of gambler's madness throughout. Let's break it down with real cases, and by the end, you'll definitely feel a chill down your spine:
Step 1: Borrow money to go all in, confidence at its peak.
You have 1000 as principal and feel that "small bets are meaningless," so you directly opened 10x leverage — putting in 1000 yourself and borrowing 9000 from the exchange, making a total of 10,000 to buy Bitcoin. At that time, you were quite pleased, thinking: "A 10% increase will double my investment, guaranteed profit!"
Step 2: The coin price plummets, and the principal is halved.
Just after buying, bad news suddenly exploded! Bitcoin dropped 5% directly, and your 10,000 yuan position instantly lost 500 yuan, leaving only 500 yuan of your original 1,000 yuan capital — it looks like you are about to be forcibly liquidated by the exchange, losing everything!
Step 3: Urgently add money, sinking deeper and deeper.
At this moment, how can you be willing? Your mind is full of "If it drops again, I'll add more money, and when it rebounds, I can break even," quickly recharging 2000 yuan to supplement the margin, thinking, "This time I can definitely hold on."
Step 4: Either liquidated to zero or barely break even (extremely low probability)
What bottom line is there for fluctuations in the crypto world? As prices continue to fall, you can only keep throwing money in, and in the end, you'll either run out of resources, lose all your principal and still owe money to the exchange (margin call warning ⚠️); or you'll be lucky enough to catch a rebound and barely break even, but the odds of that are lower than winning the lottery!
Why is it said that "rollover" is like giving away money? 3 pitfalls you must avoid!
Like being addicted to gambling, the more you lose, the more you want to turn it around.
Once you start to top up the money, it's like getting caught in a gambling game, always thinking "I'll win it back on the next round," and in the end, you end up losing more and more, possibly losing several months' salary in just a few days, or even putting all your savings on the line!
The volatility in the crypto world is too great; it's simply unbearable.
In the crypto world, there are no limits on price fluctuations. A single policy or piece of news can cause the price of a coin to plummet instantly, dropping by 20%. Your margin is simply not enough to withstand it, and adding more funds would be like throwing money into the water!
99% of people ultimately end up with "nothing to show for it"
Don't be fooled by the stories of "rolling over for a comeback" online! In reality, 99% of people who play the rollover end up going from "wanting to break even" to "losing all their principal", and in the end, not only do they not make any money, but they may also end up in debt, regretting it too late!
Finally, let me say a word of truth:
If you are losing, quickly cut your losses! Don't learn from TV dramas about "all-in comebacks", the crypto world is not a casino, and there aren't that many "miraculous turnarounds". Timely loss-cutting is the key to preserving your capital!
If you find it useful, please give a follow! I will share more practical tips on avoiding pitfalls in the crypto world, helping you steer clear of those traps that can make you "poor overnight." Let's steady ourselves in the crypto world together～ #九月份加密市场能否突破# #Gate 新上线 WLFI# #今日你看涨还是看跌？#