What does it feel like to lose 500,000? Spending the whole night staring at charts, my heartbeat pounding faster than the candlesticks. The ashtray was filled to the brim. Back then, it wasn’t even about making as much as possible—I just kept thinking, “When can I finally stop?” In the end, all I had left was 5,000U. I didn’t even try to “go all in” to win it back. Instead, I forced myself to start over.
Later, what really helped me slowly get back on track wasn’t any mystical trick—it was correcting the mistakes I used to make, one by one.
First, when the market suddenly gets wildly volatile, don’t rush in just because you see big pumps or big dumps. Wait for the price to return to key levels, confirm the rhythm, then consider your move. And position sizing must stay within what you can actually bear. Once you’ve achieved the planned profit, take it and stop.
Second, there seem to be plenty of opportunities with small-cap altcoins. But the more volatile and less liquid the coin is, the more likely you are to suffer slippage and rapid pullbacks. So later on, I started valuing liquidity and price structure more, and I no longer casually grab at a “falling knife” just for a few extra points. $ZETA
Third, and most important: after you make money, you have to know when to stop. When your account reaches the goal you set, take out part of the profits and don’t keep fiddling around just to “earn a bit more.” Many people aren’t like they never made money—they just make some, then in the end they give it all back.
After restarting from 5,000U, the biggest change wasn’t that I started looking at more indicators. It was that I finally understood when to act, when to wait, and when I absolutely had to pull the plug.
Trading fears not having opportunities. What’s worse is having an opportunity and then losing control. Guard your principal and your pace first, and only then can the road ahead actually be walked through. #以太坊突破2700美元
Later, what really helped me slowly get back on track wasn’t any mystical trick—it was correcting the mistakes I used to make, one by one.
First, when the market suddenly gets wildly volatile, don’t rush in just because you see big pumps or big dumps. Wait for the price to return to key levels, confirm the rhythm, then consider your move. And position sizing must stay within what you can actually bear. Once you’ve achieved the planned profit, take it and stop.
Second, there seem to be plenty of opportunities with small-cap altcoins. But the more volatile and less liquid the coin is, the more likely you are to suffer slippage and rapid pullbacks. So later on, I started valuing liquidity and price structure more, and I no longer casually grab at a “falling knife” just for a few extra points. $ZETA
Third, and most important: after you make money, you have to know when to stop. When your account reaches the goal you set, take out part of the profits and don’t keep fiddling around just to “earn a bit more.” Many people aren’t like they never made money—they just make some, then in the end they give it all back.
After restarting from 5,000U, the biggest change wasn’t that I started looking at more indicators. It was that I finally understood when to act, when to wait, and when I absolutely had to pull the plug.
Trading fears not having opportunities. What’s worse is having an opportunity and then losing control. Guard your principal and your pace first, and only then can the road ahead actually be walked through. #以太坊突破2700美元
