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crypto"Kill Line": Are You Ready? In the crypto, the "kill line" is not essentially a candlestick pattern or a leveraged margin call. Rather, it's when you fail to balance three things: money management, position control, and basic living security. This leads to an unexpected event (flash crash, scam, hacker attack, bear market) that instantly wipes you out of being a "respectable player" and leaves you with nothing, plus your life collapsing. Just like the American middle class: losing a job or getting a serious illness, without emergency savings, without insurance, and defaulting on mortgage and car loan payments, they can slide from a large suburban house to homelessness on the streets within a few months. The crypto is even more ruthless, operating 24/7. A complete wipeout can happen in minutes, followed by debt, broken families, depression, and even more extreme consequences. 2025 was a bloody year: a flash crash in October liquidated $19 billion worth of Altcoin holdings, monthly sell-offs from unlocked altcoins, 84% of new coins falling below their initial offering price, hackers hijacking centralized exchanges, and retail investors slowly grinding away their "long-term holding" positions until they lost everything. Countless people poured their living expenses, retirement savings, and borrowed money into the market, failing to set aside a six-month cash buffer, diversify their positions, or buy insurance, thinking "this time will be different." A black swan event triggered a chain reaction: money gone → borrowing to cover losses → owing high-interest loans → job loss due to distraction → defaulting on mortgages → failed life restart. Remember: the crypto has no social security net, no regulatory safety net. If you truly want to play the long game, don't push your resources to the brink—maximum 20-30% of your total assets into the market, 50% in cash/USDT for emergencies, no more than 10% for any single cryptocurrency, never touch your living expenses, regularly review your positions and set stop-loss orders, buy real-world insurance, and never borrow money to play leveraged games. A rational balance is key to avoiding being wiped out. Otherwise, you could be the next victim.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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