The crypto world is neither hell nor heaven.
It is merely a place that amplifies human nature and reflects our cognition.
Some achieve financial freedom in a bull market, while others face liquidation and exit during the same.
Do you think the market determines everything? In fact, what decides whether you make money or not is whether you have control over yourself.
It’s okay to fall; as long as you’re headed in the right direction, turning around is just a matter of time!
But you cannot 'wait for opportunities while losing'; you need a systematic approach that allows you to survive, grow, and hold on.
Below are the essence of my experience from three consecutive months of losses to a five-fold account:
① Acknowledge mistakes and cut losses: First prioritize survival to make money.
Not every market needs to be participated in, and it's not guaranteed that you can recover from a wrong direction.
Before entering each trade, set a stop-loss point; if you’re wrong, cut it off, don’t cling, don’t resist.
Core principle: You can make multiple mistakes, but you cannot afford to die once.
② Light position testing: Don’t think about turning around with one trade; turning around is not about making a fortune from one trade, but about establishing a rhythm.
Initial position should not exceed 20%; only after the trend is confirmed and profits established should you do 'profit-addition'; it’s not aggressive, it’s trend-following; it’s not all-in, it’s compound interest.
③ Add positions with basis: Not adding at the bottom, but adding on 'correctness.' Once the market breaks out, confirms, and stabilizes, you can:
Use profits from the main position → add a secondary position. Set a breakeven stop-loss → lock in the main position. Leverage market inertia → amplify profit margins. Adding positions should never rely on feelings, but on rhythm.
④ Lock in profits: Don’t let what you've earned go back out.
Your losses aren’t due to not making money, but because you earned and then lost it.
Set profit targets, don’t be greedy; don’t cling to battles once expectations are met; reduce positions in batches, dynamically track profit-taking.
Core logic: What you’ve earned is what counts as profit.
Want to turn around? What you lack is not the market, but this logical, rhythmic approach with profit-taking and loss-cutting controls.
It's completely normal to fall; if you choose the right direction and maintain a steady rhythm, even small funds can make a comeback!
How did I go from continuous drawdowns to rolling out a five-fold account with profits?
How do I have complete steps for entering, adding positions, locking in profits, and exiting?
Follow Longmen, and I'll help you reorganize the rhythm.
The crypto world is a mirror reflecting your cognition; if you can’t turn around, it’s not due to bad luck, but because you’re still struggling in the wrong rhythm.