Stories of making money in the crypto world are everywhere, and the most common pattern is like this: prepare 10,000 yuan as principal, find a few coins that can increase tenfold, roll your investments round after round, and suddenly you have 1 million, 10 million. It sounds really tempting, but the problem is—this guy's words are like storytelling, easily smoothing over the difficulties.

In reality? If 10x returns were so easy to find, everyone would be rich by now. The real data in the crypto market shows that 90% of traders are losing money. That’s no secret, but some people are willing to feed newcomers an illusion—that making money in this market is simple, just follow me into high-risk investments, with rolling positions and high leverage, and financial freedom is within reach.

Here’s the question: ask seasoned veterans in the crypto space how many have truly achieved financial freedom through high leverage? The answer is often very sobering. Some well-known KOLs even lead a group of followers to trade 100x contracts, only to get liquidated in a sudden crash, losing all the money they earned over the years. Even someone with strong risk resistance who has been making money for years can be brought back to zero in just one blow.

This is the true face of high leverage—it’s not a machine that helps you automatically get rich, but a magnifying glass that amplifies your mistakes infinitely. One wrong move can wipe out years of gains.

Instead of chasing those illusory tenfold returns, it’s better to choose a more stable strategy. Moving a bit slower is okay; the key is to survive until the next real bull market. Many people die before dawn because they can’t withstand the storm during the process, using leverage they shouldn’t have. Risk management will always be more important than chasing high returns—that’s a lesson the market repeatedly teaches us.