My first foray into crypto futures: a tale of leverage and tears

Thought I'd finally dip my toes into crypto futures last year when $BTC was on one of its legendary tear. Saw everyone making bank and decided I, too, was a savant of the digital age. Leveraged up a modest account on a 100x long, convinced it was going to infinity and beyond. Took about twenty minutes for a minor pullback to liquidate everything. Learned very quickly that even if you're right about direction, you can still be catastrophically wrong about timing and sizing. Never underestimate how fast the market can humble you when you're being greedy.