How do brothers lose all their capital in cryptocurrency trading? In fact, the loss of principal is not overnight, but the result of a series of accumulated mistakes. And in this process, every step seems to be 'normal' until the moment of the liquidation. The most typical "paths of losing light" are as follows: One is to start with heavy positions: many people want to make quick money when they enter the market, and even a 10% fluctuation is too slow, so they directly increase their leverage and heavy positions. I thought I was a genius when I got it right, but when I got it wrong, I started taking on the responsibility and wanted to 'wait for it to come back'. The market did not turn back, and the account was directly cut in half. The second option is not to stop loss and to add and replenish positions: a stop loss is set, but when the stop loss price is reached, hesitation and "wait a little longer" become the most fatal idea. As soon as I saw that I was losing too much, I decided not to cut it; If you lose again, increase your inventory and spread it out. The market turned out to be trending, and small accounts were not saved directly. The third issue is frequent trading and emotional instability: when you lose money, you rush to recover, but when you make a profit, you are not satisfied. You repeatedly place orders and get embarrassed, your account gets smaller and smaller, and your mentality becomes more and more explosive. In the end, you end up in a state of "just wanting to gamble and fully recoup your investment", and end up losing everything. The fourth issue is the lack of a system, relying solely on intuition: chasing up and down today, guessing the top and bottom tomorrow, without any logical support, relying on emotions, guessing trends blindly, in the long run, all relying on luck, eventually returning to zero. Finally, many people are not technically poor, but rather unwilling to admit their mistakes, cut losses, and face reality. Trading losses are never due to the market being too difficult, but rather due to one's own stubbornness. One sentence summary: The principal is not lost by a single mistake, but slowly swallowed up by a series of "reluctant" thoughts. Encouragement together!