From making dozens of losing trades to now stabilizing profits, I have only done three things.
Don't ask me how much I've lost; all I can say is that I've also gone through that phase of staring blankly at my phone at 3 AM watching margin call messages.
When I first entered the market, I was always chasing trends and hot topics. I was either buying at high prices or gambling on directions, with my account fluctuating up and down, eventually turning into a string of zeros.
One time that left the deepest impression on me was when I opened a 20x long position on ETH and lost 2000U in just one minute due to a spike. I just sat there, unable to say a word. I can still remember that feeling of "watching my own money being wiped out right in front of me."
Later, I couldn't endure it any longer and began to change my mindset. I stopped chasing trends and relying on "feelings" and focused on one thing: stable execution + controlling losses + surviving.
I also have a few friends around me who were messing around in the early stages. One lost six times and ended up with 3000U, but after rethinking his strategy, he has now stabilized and reached six figures; another buddy used to trade based on emotions, always doing the opposite, but later wrote the rules on the wall and now only trades twice a day, leading to continuous profits.
We don't have any secret tricks; we just rely on these few rules:
1. Do not open positions when emotions are high; it’s better to miss out than to act recklessly.
2. All positions have limits, and stop-losses have bottom lines; the maximum loss is predetermined.
3. Focus only on fixed market conditions each day; being able to resist the urge to act is the real skill.
No matter how fierce the market is, don't trade without confidence; no matter how beautiful the candlestick chart is, don't trade without logic. If you can't make money, don't worry; at least you won't lose much. Through this journey, I've come to understand that the crypto market isn't about who trades aggressively, but rather about who can last longer.
If you are also being repeatedly harvested and your account is constantly resetting, take a moment to calm down and reorganize your rhythm, positions, and logic. Those who can truly make it out aren’t the smartest, but those who can stick to the rules.
If you don't want to keep going in circles, then let—lead you to recover your capital. The current market is a great opportunity for recovery and capital flipping.
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