Haven’t blown up my account for seven years. Later I finally understood: what keeps me alive isn’t technology—it’s one word: fear.
The other day, after dinner, I suddenly got a call from the exchange’s risk control.
“Are you planning to withdraw 180,000 USDT this week? What’s the source of your funds?”
I said, “Made money trading crypto.”
On the other end, there was silence for a few seconds, then they asked:
“This account has been used for seven years. It’s never been liquidated?”
I laughed right then.
Because the strange thing they found suspicious was exactly what I cared about most during those seven years:
I never push myself into having no escape route.
After I start earning, the very first thing I never do is keep adding to my position. I take out part of my profits first.
Once the account hits the target, I lock in the gains.
It’s not that I don’t like the market—it’s that I understand too well: when the money is just lying in your account, people are very likely to get inflated.
Numbers on the screen can disappear. Only money you actually withdraw counts as yours.
Second, always keep yourself a fallback.
Not full margin. Never put all your chips into one direction. And never assume you can see through the market just because you got a few correct trades in a row.
If you’re right, take the profits. If you’re wrong, pull out.
Trading isn’t about proving how great you are—it’s about finding ways to make sure you stay at the table.
Third, and this is the one I value most:
Losses must have a limit.
I’ve never demanded that I be right every single time.
What if I’m wrong six out of ten?
As long as when I’m wrong the losses are small, and when I’m right I can hold onto the profits, the account can still climb slowly.
If I make a few wrong trades in a row, I just shut down.
It’s not me admitting defeat—it’s because I know once a person gets overexcited, the easiest thing is to turn one small loss into a big one.
So looking back now, what I’m most proud of after seven years has never been how much money I made.
It’s that after a round after round of blow-ups and crashes, my account is still there.
Getting rich overnight is luck.
Truly surviving across cycles depends on discipline—and even more on reverence.
The market will never lack opportunities.
What’s truly scarce is that you still have your principal, waiting for the next chance.
So don’t think about turning things around overnight.
First, stay alive.
Only if you live long enough do you have the right to talk about the next opportunity.#美联储加息概率升至68% #伊朗革命卫队称打击约旦美军陆战队营地
The other day, after dinner, I suddenly got a call from the exchange’s risk control.
“Are you planning to withdraw 180,000 USDT this week? What’s the source of your funds?”
I said, “Made money trading crypto.”
On the other end, there was silence for a few seconds, then they asked:
“This account has been used for seven years. It’s never been liquidated?”
I laughed right then.
Because the strange thing they found suspicious was exactly what I cared about most during those seven years:
I never push myself into having no escape route.
After I start earning, the very first thing I never do is keep adding to my position. I take out part of my profits first.
Once the account hits the target, I lock in the gains.
It’s not that I don’t like the market—it’s that I understand too well: when the money is just lying in your account, people are very likely to get inflated.
Numbers on the screen can disappear. Only money you actually withdraw counts as yours.
Second, always keep yourself a fallback.
Not full margin. Never put all your chips into one direction. And never assume you can see through the market just because you got a few correct trades in a row.
If you’re right, take the profits. If you’re wrong, pull out.
Trading isn’t about proving how great you are—it’s about finding ways to make sure you stay at the table.
Third, and this is the one I value most:
Losses must have a limit.
I’ve never demanded that I be right every single time.
What if I’m wrong six out of ten?
As long as when I’m wrong the losses are small, and when I’m right I can hold onto the profits, the account can still climb slowly.
If I make a few wrong trades in a row, I just shut down.
It’s not me admitting defeat—it’s because I know once a person gets overexcited, the easiest thing is to turn one small loss into a big one.
So looking back now, what I’m most proud of after seven years has never been how much money I made.
It’s that after a round after round of blow-ups and crashes, my account is still there.
Getting rich overnight is luck.
Truly surviving across cycles depends on discipline—and even more on reverence.
The market will never lack opportunities.
What’s truly scarce is that you still have your principal, waiting for the next chance.
So don’t think about turning things around overnight.
First, stay alive.
Only if you live long enough do you have the right to talk about the next opportunity.#美联储加息概率升至68% #伊朗革命卫队称打击约旦美军陆战队营地
