Admit when you misread, always set stop-loss when opening a position, make decisions when calm, and close the app when emotionally charged.

Unknowingly, I've been in the circle for seven or eight years.

I'm 28 this year, and looking back to when I first entered the market in 2017, that initial capital was borrowed—60,000 yuan, completely lacking confidence.

Now my account has surpassed 10 million; to be honest, my feelings are quite complicated. It wasn't overnight wealth, nor was it purely based on luck; it was just one pitfall after another, stepping through countless times, and then gradually climbing out.
In these years of trading, I've basically tried all styles: from long-term to short-term, from ultra-short to intraday swings. My skills aren't top-notch, but when it comes to "losing money," I can say I understand it more profoundly than most people.

I've seen too many people in these six years build high rises only to see them collapse, going from tens of thousands to tens of millions, and then a bear market wipes them out.

Is it because their skills are poor? No. They just got used to holding onto their positions. If luck is on their side, they can hold on, but as soon as they can't hold anymore, it's not just a small loss; it's a total wipeout.
Another common issue: too many people get anxious as soon as they lose money, rushing to make back their losses, resulting in chaotic operations that wipe out all previous gains.

I'm not a saint; I have my moments too. The only difference is that I'm very clear: the market won't listen to your commands.

"I think it will go up" does not mean it will go up, and "I judge it is a trap" does not mean it will definitely be a trap. If you're wrong, you have to admit it; you can't just stubbornly hold on.
The core of trading cryptocurrencies is not about technical skills, but rather:
Can you endure?
Can you admit when you're wrong?
Can you act according to rules?

To put it simply, many people don't fail because they don't know how to trade, but because they're unwilling to lose, unwilling to admit mistakes, and still greedy.
Don't use "faith" as a shield; the so-called "holding on will bring it back" is not faith at all, just self-deception of a gambler.

The reason I can stand at this level of 10 million in assets is actually based on just a few simple rules:

Admit when you're wrong
Always set stop-losses when opening positions
Make decisions when calm, and shut the computer down when emotional

Many people think making money relies on skills; the truth is: every time you violate the rules, you're digging a pit for yourself.

The market is always there, and opportunities are always available.

As long as you can turn off your emotions, establish rules, and even if you only have 10,000 yuan, you can slowly turn things around.