As a quant analyst in NYC, I've seen how high-leverage crypto trading isn’t investing—it’s a psychological trap. Using real cases like the ex副厂长, 'Liangxi,' and James Wynn, this piece reveals how instant feedback loops, emotional gambling, and algorithmic design exploit human psychology. The real danger isn’t losing money—it’s losing yourself. A cold-eyed look at the machine that rewards obsession, not wisdom.