➤ A journey of growth and evolution amid ups and downs
Bitcoin has dropped over 20%, Ethereum nearly 30%, and altcoins have plummeted by around 70%. Whether you're a veteran or a newcomer, this kind of volatility can be overwhelming; the entire crypto space is bleeding, and everyone is feeling the pain.
I've lost quite a bit myself. Even though I've experienced bull and bear markets before, each significant drop still makes my heart race. Not only has my account shrunk, but my mentality and faith have also been severely impacted. I get excited when the market rises and scared when it falls; this time the fluctuations are so intense that it's really hard for me to cope. However, I realize that no matter how I adjust my positions, I can't escape this pain.
1) During times like this, don't fumble around. First, take a moment to take care of yourself. Don't keep staring at the candlestick charts or scrolling through social media to make yourself more anxious. Have a hot meal, get good sleep, go for a walk, give your body and mind a break. Only by calming down can I think clearly about what to do next.
2) Adjusting my routine is much more important than fixating on account numbers. A stable mindset leads to solutions. Once I calm down, I take out paper and pen to review: Where did I lose this time? Was my position too heavy, did I fail to set stop-losses, or was I too impulsive? I write down the lessons learned to avoid making the same mistakes next time. Losing money hurts, but gaining insights can help me recover.
3) Don't rush to find opportunities to make up for losses; first, focus on living solidly. Sleep well, eat well, and move a bit. Once my mind is settled, I can talk about trading. I can't control the market, but I can control myself. I should look more at on-chain data, such as Nansen and DeBank, study how the big players operate, and learn some real skills. Rationality is more reliable than emotions; true experts grow stronger in calmness.
4) I remind myself not to rush to recover losses; that's a dead end. High leverage and reckless trading will only worsen my losses. After experiencing this wave of cleansing, I feel that losing money is a form of wealth; it helps me see my shortcomings and learn to proceed steadily. In the future, I will remain calmer, seize long-term opportunities, and not expect to profit from every trade.
If I continue to persevere, I am already stronger than 90% of those who give up. Losing money doesn't mean I'm incapable; how I face it is what counts. Slow down, adjust myself, enhance my understanding, and when the next opportunity arises, I will stand higher and go further. The market has its ups and downs; I grow amid the fluctuations, and my mindset and intellect are my trump cards.
