From 600U to 200,000U: A Comeback from the Grasp of Death
I have a friend who has been trading cryptocurrencies for 6 years, experiencing soaring highs, crashing lows, liquidation, and comebacks.
The most legendary moment was this:
He started with 600U, steadily rolled it up to 60,000U, and then with one heavy bet, he put 60,000 into a single trade, which immediately dropped to only 1,700U.
You read that right, overnight, from 60,000 down to 1,700U.
During that time, he completely shut down his group, deleted the app, and went off the grid.
But just a few days later, he came back online.
We all thought he had given up, but then he told me: "If I could grow from 600 to 60,000 once, I can do it again, and this time, I will be more stable."
How did he turn from 1,700U back to 200,000U?
To be honest, watching him climb out of the abyss, gradually bouncing back, stopping losses, and adjusting his pace until he finally turned his position back to 200,000U, I was truly impressed.
Later, when we reviewed his trades, we found that he managed to win back thanks to three points:
First: Completely abandon the "recover losses mentality"
He told me: "In the past, I lost money because I was always trying to 'recover my losses'. With every trade, I thought: I want to get back to 60,000, I want to make up for my losses."
Later, he forced himself to change his mindset: "I won't think about recovering losses anymore, I'll treat 1,700U as my starting point."
This statement is very important. As long as you keep focusing on your losses, you will never execute a good trade.
Second: Divide positions into three parts, roll them over
He split 1,700U into three parts:
About 550U each, locking in profits with each trade;
Setting stop-losses for each trade, ensuring no loss exceeds 20U;
Achieving three consecutive wins, he would take out some profit to continue trading.
It's like leveling up: take it one level at a time, don't be greedy, don't rush, don't gamble.
Third: All operations must be reviewed and recorded
This time, for every trade he made, regardless of winning or losing, he would take a screenshot and record why he entered the trade at that moment.
At first, he only made 2 trades a day, and every night he would ask me: "Did I enter this trade correctly? Was I half an hour late?"
While others rely on luck for trading, he relied on summarizing his experiences this time.
In the end, he rolled from 1,700U to 200,000U in just 4 and a half months.
During this time, the market fluctuated, with ETH rising from 3,200 to 3,700 and then dropping to 3,400, and he experienced it all.
He said: "Even if my account loses 30,000 or 50,000 now, I'm not worried because I know I can make it back again."