Basically, most people in the cryptocurrency world have various degrees of sub-health issues.

Staying up late, carrying positions, staring at the screen without lights, anxiety, regret, various mental states are very common in the cryptocurrency world.

I suggest everyone treat themselves a little better.

These past two days, Aju has been eating frozen food from the fridge at home and got sick after microwaving it.

Vomiting and diarrhea, stomach cramps.

These days throughout the May Day holiday, staying at home facing the computer and phone, life is filled with primary and secondary red and green columns, K-line has become my ECG, tired of playing LOL, day and night indistinguishable.

We, who trade cryptocurrencies, usually have relatively free time when we go out, so we don’t like to join the crowd.

I don’t know when, I got used to ordering a lot of food, putting fruits in the fridge, this time I ordered some marinated goods, left in the fridge for two days. I used to think the fridge was of good quality with strong preservation ability, but this morning when I took it out to heat in the microwave, it was just acceptable.

This is a bad habit that has doomed me to go through this ordeal.

Sudden intense stomach pain, cramping, my stomach is in spasm.

Thought that diarrhea would be better, but immediately followed by vomiting.

You say we are silly, earning exchange rate differences, spending RMB, throwing a few hundred to a thousand USDT at a dog coin without blinking, living life however we want.

I need to change and treat myself a bit better... Occasionally withdrawing funds is because I feel there’s nothing fun in the market, keeping it doesn’t help, and when market sentiment is good, holding a lot of chips, waiting for something to go wrong, taking big pullbacks, and when there’s no sentiment, throwing the chips into secondary or DEFI to seek arbitrage.

But after all the fuss, the losses incurred are significant; if lucky, the cost of mistakes is low if realized early. Adjust early, and spend less time torturing and suppressing yourself.

Still, you need to establish more principles and rules for yourself.

What experiences have you all had after painful lessons in trading? Do you set any rules for yourselves? Can you share?

For example, I used to play contracts carelessly, but now I have set some principles.

1. Always set a stop-loss when opening a position, whether it’s a limit order or a market order, always set a good stop-loss.

On one hand, you can see roughly how much your loss is, observe its psychological impact on yourself, and it doesn’t affect your sleep or doing other things.

2. Never use more than 5X leverage, especially as profits approach key market positions, it is essential to gradually reduce leverage. (For example, opening a long position at the rising point (high risk-reward position), when approaching resistance, and during times influenced by multiple policy news, like these two days, gradually reducing leverage is very beneficial, as it adjusts thinking and minimizes pullbacks during fluctuations and directional changes).

3. There are also stop-losses on-chain; unless there are particularly good narratives that may be mentioned again in the future, leaving some scraps, most memes will inevitably return to zero after the sentiment has passed, and there’s no need for any illusions.

Playing contracts more will make people short-sighted; sensitivity and thinking preferences towards long-term trends will decline, so more often I increasingly like to take high-certainty trades, set stop-loss and take-profit points for contracts and not look at them. Sometimes, I can automatically ignore some smokescreens and fluctuations, making low leverage particularly important at that time.

Good health and a good mindset are the most important; anyone or anything that affects your physical and mental health, including yourself, should be carefully considered.

Less staying up late, changing those mindsets and operations that make you carry positions, reducing leverage, regularly withdrawing funds, setting more principles, and treating yourself better, my brothers.