Nine years of trading cryptocurrencies, I have seen too many stories of accounts going to zero overnight, especially among beginners. Carefully reading this can help you avoid detours. Behind every loss, it's almost always the same mistake—thinking you will be the exception. Last night, I received another voice message, a young brother from Shenzhen with a crying tone saying: "Bro, a ten-thousand U with a tenfold leverage order, just a three-point pullback, and it's all gone..." I glanced at his trading record. The scene was all too familiar.