500000 U liquidation record: Faith is expensive, reality is even harsher ————————————————- A friend who has known each other for many years started to explore cryptocurrency from August to September last year. He is considered a novice in the cryptocurrency industry and uses a cryptocurrency based account with an initial capital of 500000 U. Although a beginner, catching up with the market was good and I did earn some money at the beginning. We met in December and talked about the cryptocurrency industry. He was full of energy and felt that he had found a shortcut to wealth. His position at that time was roughly DOGE (0.2 in) XRP (around 0.6), SOL (around 180), the prices are not high. At that time, I advised him to take advantage of the situation and at least withdraw the principal to lock in a portion of the profits. As a result, he couldn't listen at all, his mind was filled with gossip, and he was daydreaming about the market all day long, saying that DOGE was going to rise to $20 and that he forgot how much ETH he had invested XRP target 50 SOL wants to charge 1500 To be honest, at that moment, I threatened to increase 500000 to 50 million, and I laughed on the spot. Is it really that easy to make money in the cryptocurrency industry? For those of us who have been struggling in traditional financial circles for 8 or 9 years in encrypted finance, we have seen too much: ambitious individuals die first, and looking back, our positions have already been liquidated! Later on, we also met a few times, and I continued to persuade him, but he remained stubborn. The more profitable it is, the more addicted it is to fantasy and the less likely it is to listen to rational advice. This year, the market fluctuated and he operated several times with full losses. His last position exploded around early April - completely cleared and liquidated. The cryptocurrency market is not an ATM, nor is it a place where everyone can make a fortune. It can indeed amplify wealth and instantly devour everything. He went from a profitable state to zero in just a few months. For the novices in our circle, there is only one sentence left: Faith does not equate to sudden wealth, and dreams cannot hedge against risks.