One way to assuredly lose money on an otherwise sure thing.  Use leverage.

If you have 50x leverage, then don't you need only a 2% drop to lose everything?  That's why you are using a stop loss.. but still.

I imagine that there are guys who win, from time to time, using leverage.

I know goldkingcoiner is not even talking about his accidental win on his 80x leverage.. which could mean that sooner or later he ended up giving it all back.  There may be ways to play them smartly perhaps.

If you entered the 50x leverage at $111k, then a 2% drop would be slightly below $109k .. so is that how you do it?  You have a stop loss at $109k, but you have already lost most of your money by then, no?  Of course, if it goes up from th point of your entry, then that works out pretty good.. so if you were betting a whole bitcoin and it went up to $115k and you cashed out, that would be $4k x 50 = $200k.  I understand that you are not playing with those kinds of numbers, and probably for good reasons guys get nervous when they enter positions with really high leverage.. anything beyond 5x seems very difficult to manage.