Unknowingly, I've been trading for seven or eight years.
I'm 28 this year. Looking back to 2017 when I first entered the market, that initial capital was borrowed—60,000 yuan, and I had no confidence at all.
Now my account has crossed eight figures. To be honest, my feelings are quite complex. It wasn't a get-rich-quick scheme, nor was it all luck; it was the result of stepping into pitfalls and climbing out time and again.
Over these years of trading, I've tried almost every style: long-term, short-term, intraday, swing... My skills aren't top-notch, but when it comes to the concept of "losing money," I dare say I understand it deeper than most.
I've seen too many people build high towers only to have them collapse over these years, turning tens of thousands into millions, only for a bear market to wipe it all to zero.
The problem isn't with the technique; it's about the habit of holding onto positions. If luck is on your side, you might survive, but once you can't hold on, it won't be a small loss—it'll be zero.
A more common scenario is: once people start losing money, they desperately want to recover their losses, resulting in chaotic trading that erases all previous gains.
I've had my moments of being overly emotional too, but the only difference is that I always understand—markets won't follow your commands.
Just because you think it should rise doesn't mean it actually will; your judgment that it's a trap could also be entirely wrong. If you're wrong, you have to admit it; you can't stubbornly hold on.
The core of trading cryptocurrencies isn't about advanced techniques; it's about:
Can you endure?
Can you admit when you're wrong?
Can you follow the rules?
Many people don't fail because they can't trade; they lose because they refuse to lose, are unwilling to admit mistakes, and remain greedy.
Stop using "faith" as an excuse; the so-called "hold on and it will come back" isn't faith at all, it's just a gambler's mentality.
What has brought me to where I am today is actually based on one simple rule: make decisions when calm, turn off the computer when emotional.
Many think making money relies on skills, but the truth is: every time you break the rules, you're digging a pit for yourself.
The market is always there, and opportunities will always exist.
As long as you can turn off your emotions and stick to the rules, don't say 60,000 yuan as your capital; even if you only have 10,000, you can still turn things around step by step.