Making 10x in a day until completely liquidated, the whole process feels like a nightmare.

When I first entered into contracts, the gains from spot trading couldn't satisfy me at all. I would pick a meme coin at random, use high leverage, and one trade could multiply several times. That kind of thrill is truly different, almost addictive. But what about the cost? I didn't pay attention to it at all.

Position management was a mess. Fully leveraged, meme coin volatility could jump 10 points in a minute. I still remember the chilling feeling in my back. A careless pullback could wipe out my account instantly. That’s when I finally understood what "Position is king" means.

The most terrifying part was the change in mentality. I started out wanting steady profits, but ended up falling into pure gambling. Desire was inflated by the thrill, and I began to fantasize about getting rich overnight, betting small to win big. The nature of trading completely changed, and that’s the price of greed.

My current realization is just one sentence — opportunities are always there, only steady, long-term effort can ensure survival. To stay alive, have capital, and then there’s a chance to continue. Everything else is虚的.