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There is a phenomenon in the crypto market: traders who get liquidated are mostly those who got wrecked on altcoins. The logic behind this is simple—survival is always more important than chasing quick profits.
Why? Because profit opportunities are available every day, and you can always find chances amid market fluctuations. But once the principal is lost, the game is over. Without chips to turn things around, no matter how good the market conditions are, they don't matter to you.
Many traders fall here: poor risk awareness, blindly going all-in on altcoins, and ending up getting beaten badly. Especially those trading derivatives, where leverage is a double-edged sword—amplifying gains but also magnifying losses. Coupled with the volatility of altcoins, it’s like dancing on the edge of a cliff.
Want to survive longer in this market? You need to establish a reliable risk control system: First, stay far away from unfamiliar altcoins; second, avoid going against the trend; third, set take-profit and stop-loss levels for every trade. Only by protecting your principal can you have the chance to find opportunities amid the fluctuations of mainstream coins like BTC and ETH, achieving steady growth. This is the right path for long-term survival.