When I first entered the cryptocurrency world, I was really scared of contract liquidations.

The process from hope to collapse can only be understood by those who have experienced it themselves.

Chasing trades every day, emotions running high, the money on the account seemed like a joke, losing several hundred dollars in a day, eyes red with anger.

Looking back now, surviving was not because I was smart, but because I managed to stabilize myself later on.

Slowly finding my own rhythm, I also gained some insights. Today I want to share a few points to help you avoid some pitfalls:

1. Being stuck is not a disaster; blindly averaging down is.

Once you are stuck, don't expect a rebound to bring you back. Averaging down is not a lifeline; it doubles your risk.

The premise for averaging down is that you understand the trend; random averaging only accelerates your downfall. Many people fail at this step.

2. Calmness does not mean safety; severe fluctuations are often brewing.

Once the market starts to converge in a triangle, it indicates that a major shift is coming, especially after a sharp increase, a pullback is inevitable.

Don't let the so-called "stability" numb you; a single bearish candle can wipe out all your profits.

3. Don’t make impulsive buying decisions; just go against the emotions.

When the market is crazy, you should stay calm; when everyone is panicking, you need to dare to take action.

I always remember: buy on bearish candles, sell on bullish candles.

Buying when prices go up and selling when they go down is emotional trading, not logical trading.

4. Don’t act during sideways movements, and don’t act blindly during large upswings or downswings.

Many people fail in choppy markets, with no signals, and insist on jumping in to "get in early," only to become cannon fodder.

Real opportunities don’t mind if you wait; they fear if you act recklessly.

5. Never go all-in; always leave some bullets in reserve.

You can make small mistakes, but you must never let one trade take you out. The root cause of liquidation is not the market going against you but not leaving yourself an exit.

6. Trading cryptocurrencies ultimately boils down to trading yourself.

You keep thinking about flipping the next trade, getting rich in the next wave, but the truth is: you haven't even corrected the mistakes you made yesterday.

Chasing rises, killing drops, indecision, blind optimism... these mindsets won't change, and no strategy will help.

If you are also getting beaten by the market right now, don’t rush to give up.

It’s okay to slow down, but you need to stabilize yourself. Even if you only make one trade a day, as long as you don’t lose, it’s progress.

The biggest shortcut in the crypto world is to avoid pitfalls.

May we both escape anxiety soon and bring our accounts back to where they should be.