Brother Ma Ji - Huang Licheng, let's talk about the most outstanding bull in the 2025 crypto circle.

Your addition is the key to the core.
If we only discuss position, leverage, and platform, that's just a "technical failure"; Huang Licheng's real fatal flaw is the systematic loss of emotional control.

1. Conclusion first: he didn't lose because of judgment, but because of emotional structure.

A one-sentence summary of his emotional model:

Use extreme positions to fight emotional fluctuations, cover psychological out-of-control with capital size.

This is the most dangerous type in trading.

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2. Three fatal problems in his emotional management

1️⃣ Binding "self-image" to positions

This is the first and most fundamental problem.

His public behavioral traits are:
• A strong identity of "big brother," "not afraid to lose," "I have money, I can handle it"
• Positions are not risk tools but extensions of personality

Once the market denies his direction, essentially:

The market is denying him personally.

The inevitable results are:
• Refusing to admit mistakes
• Not cutting losses
• Not retreating

This is not trading; it's a face-saving war.

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2️⃣ Loss → Emotional anger → Using larger positions to "regain dignity"

This is a very typical and dangerous emotional cycle:

Loss → Emotional outburst → Increasing position size → Lower tolerance → Faster liquidation

Pay attention to a detail:
• He doesn't calmly "reassess"
• But quickly re-enters the market after liquidation

What does this indicate?

It's not strategy driving the trades, but emotions pushing them.

In professional trading, this is called:
Revenge Trading

This is a behavior pattern that will 100% exhaust any capital.

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3️⃣ Using "margin topping-up" to relieve anxiety rather than fix errors

This is the most covert and often misjudged point in emotional management.

For him, topping up margin does not:
• Optimize risk
• Create a safety buffer

But:
• Temporarily relieve the anxiety of "I'm about to lose"
• Give himself psychological comfort: "I haven't lost yet"

This is called in psychology:

Delayed error acknowledgment (Error Aversion + Sunk Cost Fallacy)

The result is:
• Emotional relief
• Exponentially increased position risk
• Finally, a more brutal liquidation in one go

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3. Why are "people like him" more prone to liquidation?

This is something many people can't understand.

Having more money ≠ emotional stability
Fame ≠ ability to withstand denial

On the contrary:

Average traders Huang Licheng type
Fear losing money Fear being "called out" by the market
Stop-loss is survival Stop-loss is admitting defeat
Positions follow rules Positions follow emotions
Losing stops trading Losers add to positions

This determines an outcome:

As long as the market is unfavorable, he will definitely push the trade to "inevitable explosion."

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4. Why is his liquidation a "probability event," not an "accidental mistake"

Stack these three factors:
1. High leverage (low tolerance)
2. No stop-loss (emotion denial)
3. Revenge trading (emotion acceleration)

In any market with enough volatility:

Liquidation is not "whether it will happen," but "when it will happen."

This is also the true meaning of "100% liquidation probability"—
Not mathematically inevitable, but psychologically inevitable.

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5. The real lesson (for those who truly trade)

Here's a very harsh but very practical statement:

Anyone who brings "dignity, face, proving oneself" into positions,
Will eventually leave their money in the market.

Traders who truly survive long-term possess:
• Complete decoupling of emotion and position
• Can withdraw without emotion when wrong
• Won't get euphoric and add when winning
#麻吉大哥 #eth #以太坊