More than ten years in the cryptocurrency circle, starting with the 60,000 yuan principal borrowed in 2014.

At that time, even breathing was filled with panic. Now the account has surpassed ten million; it’s not particularly fast, and it wasn’t based on luck—just stepping into enough pitfalls, falling enough times, and then getting back up to keep going.

In these six years, I have seen too many people build high rises only for them to collapse. Many talented traders have turned tens of thousands into tens of millions, only to be wiped out in a bear market. Do they lack skills?

No, what they lack is the awareness of “holding positions”: when luck runs out and bullets are spent, a single drawdown can wipe out the profits.

Some people can make money 100 times, but if they can’t hold on just once, it’s not just a small loss; it’s a complete wipeout.

The most critical issue is that when they lose money, they panic. When they are on top, their minds are filled with thoughts of “getting back to break even,” causing all operations to go haywire, ultimately leading to massive losses.

I’ve also suffered from this issue, but slowly I began to understand: the market won’t listen to your commands; when you’re wrong, you should walk away, not stubbornly hold on.

Now I understand that trading in cryptocurrencies is not about skills, but rather about patience.

Can you admit you were wrong? Can you operate according to rules?

Those so-called “beliefs”—“holding on will bring it back”—are not beliefs; they are the self-comfort of a gambler.

I engage in trading, transitioning from long-term to short-term, from ultra-short to intraday swings, trying out various styles. Now with assets exceeding ten million, there’s nothing to brag about; it’s just about executing simple rules to the extreme: acknowledge mistakes, set stop-losses when opening positions, and simply shut down the computer when on top.

The market is always there, and there are many opportunities, but most people fail due to the word “unwilling.”

Do you think making money relies on skills?

The truth is: every time you don’t follow the rules, you’re digging your own grave.

As long as you’re willing to shut down your emotions and establish rules, don’t say 60,000 yuan in principal; even 10,000 yuan can turn things around.

After all, what the cryptocurrency circle lacks the least is the next wave of market trends. There are many lost souls on the road of crypto, and senior brothers are only accepting fated individuals for discipleship @加密大师兄888 ...