After more than ten years of scrambling in the crypto world, when I look back, I’m no longer the clueless kid who cobbled together 60,000 yuan and had zero confidence. Today, my account has surpassed ten million. It’s not some “get rich quick” fairy tale, and there’s no lottery-style luck from the heavens—just good old fashioned trial and error with real money, stepping into one trap after another, then crawling back out of each one, refining everything through repetition.
Over the years, I’ve tried just about every style: long-term, short-term, ultra-short-term, intraday swing trades—nearly all of them. I won’t claim I’m technically top-tier, but when it comes to “how to lose money,” I’ve felt it more deeply than most people. What makes me most regretful is watching too many people go from tens of thousands to tens of millions—only to be completely wiped out in a single bear market. You think they were lacking in skill? Quite the opposite. Their technical ability was pretty solid; they just lost because they “held on.” Holding became a habit. They ran out of luck, ran out of bullets, and one wave of drawdown could knock the entire account out by the roots.
You can recover after losing a hundred times—but if you can’t ride out just one loss, it’s not a small loss; it goes straight to zero. Even more heartbreaking is how losing money makes people lose their heads. Once they’re hot-headed, they rush to get back their money. Positions get bigger and heavier, the rhythm gets totally messed up, and in the end there’s nothing left. The market never listens to your complaints, and it definitely won’t follow your script. If you make the wrong call, you have to admit it—don’t stubbornly hold on. A small loss that isn’t cut will inevitably become a major problem. That’s exactly how countless accounts disappear.
In the end, trading comes down to just three things: being able to endure, recognizing quickly, and sticking to rules. Many people aren’t incapable of placing trades—they just can’t afford to lose, won’t admit their mistakes, and still want to grab everything back in one go. Don’t let “faith” anesthetize you—that isn’t faith; it’s self-deception.
Now that my assets have passed ten million, I’m simply repeating a few simple rules today: if I get it wrong, I exit decisively; every trade must come with a stop loss; I only make decisions when I’m calm; and the moment emotions run hot, I shut down the computer immediately. As long as you’re willing to lock your emotions in a cage and engrave discipline into your bones, don’t tell me about 60,000— even with only 10,000 yuan in capital, you still have the chance.
#美国10年期美债收益率触及2023年11月来最高
#原油三日上涨后企稳
#Iranian drone-missile attack on the Kuwait base
Over the years, I’ve tried just about every style: long-term, short-term, ultra-short-term, intraday swing trades—nearly all of them. I won’t claim I’m technically top-tier, but when it comes to “how to lose money,” I’ve felt it more deeply than most people. What makes me most regretful is watching too many people go from tens of thousands to tens of millions—only to be completely wiped out in a single bear market. You think they were lacking in skill? Quite the opposite. Their technical ability was pretty solid; they just lost because they “held on.” Holding became a habit. They ran out of luck, ran out of bullets, and one wave of drawdown could knock the entire account out by the roots.
You can recover after losing a hundred times—but if you can’t ride out just one loss, it’s not a small loss; it goes straight to zero. Even more heartbreaking is how losing money makes people lose their heads. Once they’re hot-headed, they rush to get back their money. Positions get bigger and heavier, the rhythm gets totally messed up, and in the end there’s nothing left. The market never listens to your complaints, and it definitely won’t follow your script. If you make the wrong call, you have to admit it—don’t stubbornly hold on. A small loss that isn’t cut will inevitably become a major problem. That’s exactly how countless accounts disappear.
In the end, trading comes down to just three things: being able to endure, recognizing quickly, and sticking to rules. Many people aren’t incapable of placing trades—they just can’t afford to lose, won’t admit their mistakes, and still want to grab everything back in one go. Don’t let “faith” anesthetize you—that isn’t faith; it’s self-deception.
Now that my assets have passed ten million, I’m simply repeating a few simple rules today: if I get it wrong, I exit decisively; every trade must come with a stop loss; I only make decisions when I’m calm; and the moment emotions run hot, I shut down the computer immediately. As long as you’re willing to lock your emotions in a cage and engrave discipline into your bones, don’t tell me about 60,000— even with only 10,000 yuan in capital, you still have the chance.
#美国10年期美债收益率触及2023年11月来最高
#原油三日上涨后企稳
#Iranian drone-missile attack on the Kuwait base
