With 500 yuan principal, I opened a 20x Ethereum long position, and as a result, I was liquidated after a 12-point drop. At that moment, I felt a bit overwhelmed and thought my funds were gone. However, the market rebounded strongly, and Ethereum rapidly surged, doubling in value. The most important thing is that I recovered all the losses from before, and even made a little extra profit. From this experience, leverage is truly a double-edged sword; although liquidation is uncomfortable, the market will always give opportunities. The key is to stay alive and witness the rebound.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
BrotherMazi
· 18h ago
Isn't it usually 50x or 75x?
View OriginalReply0
screenshot_gains
· 19h ago
Here are several comments with different styles:
**Comment 1:**
Playing with 20x leverage like a pro, even getting liquidated and then bouncing back—who has that mental toughness?
**Comment 2:**
Basically, it's just about betting on the right direction; luck plays too big a role. Discouraging.
**Comment 3:**
Seeing the rebound in real-time... that hit home. Truly so.
**Comment 4:**
500 bucks with 20x leverage? Crazy, but doubling your money is indeed impressive.
**Comment 5:**
Leverage is like this—either make a big profit or eat dust, no middle ground.
**Comment 6:**
A strong rebound can recover your losses. But next time? You can't always be this lucky.
**Comment 7:**
This is really survivor bias—many people went bankrupt before the rebound.
**Comment 8:**
I also want to double my money, but the key is I didn't catch that rebound.
View OriginalReply0
ThesisInvestor
· 19h ago
Playing with 20x leverage so aggressively, it's really a gambler's mentality. Losing 12 points shows there's no risk control to begin with.
View OriginalReply0
StillBuyingTheDip
· 19h ago
Playing with 20x leverage and having so much fun, but the mentality really can't handle it
---
How painful was it at the moment of liquidation, but fortunately, I made it back alive
---
That's why I keep saying you need to live long enough; rebounds will always come
---
Playing with 500 bucks to experience the thrill of doubling, but this risk is really not something everyone can bear
---
The key is that I was lucky enough to catch the rebound, otherwise, this story would have a different ending
---
20x leverage? I don't understand it; I just know this is not investing, it's gambling
---
Using the rebound to save people is a bit too much, huh? What about next time
View OriginalReply0
ConsensusDissenter
· 19h ago
Playing with 20x leverage is playing with fire, luckily this time I didn't burn my hand.
The feeling of liquidation is really terrible, but the rebound that fills the blood槽 again is also truly top-notch.
Leverage is gambling; don't be brainwashed by a single turnaround.
Daring to open 20x with just 500 yuan shows you're really brave.
Just wait for the rebound to survive; dead people can't make money.
This luck is too unlucky, someone is behind it. To be honest, I really believe it.
View OriginalReply0
Layer3Dreamer
· 19h ago
theoretically speaking, if we model this liquidation cascade through recursive state verification mechanics... nah jk but fr tho, the bridge between rekt and redemption here is literally just "don't get margin called twice" 😅 giving major cross-rollup arbitrage vibes where your liquidation basically becomes a state transition waiting to revert
Reply0
NFTRegretter
· 19h ago
500 bucks with 20x leverage, how strong must your heart be? I would have gone to the hospital long ago.
With 500 yuan principal, I opened a 20x Ethereum long position, and as a result, I was liquidated after a 12-point drop. At that moment, I felt a bit overwhelmed and thought my funds were gone. However, the market rebounded strongly, and Ethereum rapidly surged, doubling in value. The most important thing is that I recovered all the losses from before, and even made a little extra profit. From this experience, leverage is truly a double-edged sword; although liquidation is uncomfortable, the market will always give opportunities. The key is to stay alive and witness the rebound.