In the crypto world, I have unknowingly endured for eight years.
This year I am 38 years old.
Looking back at 2018 when I first entered the market, holding 30,000 yuan that I saved for half a year, my hands trembled so much that I couldn't even hold the mouse steady, and I felt one word in my heart: panic.
$SIREN
Now my account is stable in eight figures, but I feel no excitement, only a sense of dread of having 'crawled out of a pit.'
Over the years, I have held long positions, fought short ones, traded intraday swings, and even tried high-frequency gambling — I have rolled through almost all trading styles.
You say I am a top technical trader? I really can't claim that.
But when it comes to understanding 'how to lose all your money,' I dare say I understand it better than 90% of people.
I have seen too many people:
Turning tens of thousands into millions, full of ambition, feeling like they are the chosen ones;
But after a bear market, they go straight to zero.
Do you think their skills are lacking?
$MDX
No. It's that they have become accustomed to holding positions, their luck has run out, their bullets are spent, and a single drawdown sends them away.
I have also made mistakes, blown accounts, and even doubted whether I was suited for this market.
But there is one thing I have gritted my teeth and persisted through:
Admit that the market will not listen to your commands.
When you think it’s going to rise, it falls instead;
When you think it's a fake-out, it directly blows up the shorts.
If you’re wrong, just walk away; it’s not embarrassing;
Holding on to the end is what a real novice does.
Having been in this circle for a long time, I have increasingly seen a truth:
It's not that you can't trade; it's that you hate to lose, don’t want to admit you're wrong, and are still greedy.
Stop using 'faith' to deceive yourself —
Holding positions is not faith; it’s the last self-comfort of a gambler.
Now my account is stable in eight figures, nothing to brag about.
I just executed a few pieces of nonsense to the extreme:
· Admit when you're wrong, always set a stop loss when entering a trade
· Stay calm before placing an order, turn off the device when overly excited
· The market is always there, but life is only one
Opportunities are never lacking; what is lacking is the ability to survive long enough to see those opportunities.
Don't talk about tens of thousands in capital; even with a few thousand, as long as you can control your hands and adhere to the rules, there is still a chance for a comeback.
If you also want to change your situation, stop blindly following trends, and stop losing repeatedly, then come find Da He! Follow the right people, walk the right path, steadily profit in the crypto world, and let's make it together!