In crypto markets, there's an unwritten rule: only those who embrace the chaos actually make it through. Conviction without sanity gets liquidated early. You need just enough delusion to hold through 80% drawdowns, yet enough rationality to manage risk. It's the balance between reckless faith and calculated madness that separates survivors from the liquidated. The ones still standing? They're the ones who believed when no one else did—and exited before the collapse. That's the survival formula in this space.

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LiquidationSurvivorvip
· 12-27 03:49
Exactly right, this is the game rule that only those who survive understand.
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Gm_Gn_Merchantvip
· 12-27 03:49
An 80% drawdown that can still be endured is truly not human, but a monster. To put it simply, it's a gambler's mentality disguised as philosophy; those who survive are all survivors' bias.
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GasBanditvip
· 12-27 03:43
80% drawdown still have to bear it with a smile, you really need to be a bit crazy to survive
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CryptoNomicsvip
· 12-27 03:42
actually if you run a basic stochastic volatility model on historical drawdowns, the 80% threshold is statistically insignificant—most liquidations cluster around 65-72%. but yeah sure, survivorship bias makes for better twitter content i guess.
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