Last summer, I received a private message from a fan named Lin, filled with despair. Influenced by friends, he entered the cryptocurrency market, initially making small profits, and then invested all his savings into a popular "dog coin," even adding leverage. As a result, the project team suddenly disappeared, and the coin price plummeted to zero overnight. He not only lost his profits but also suffered a loss of over a hundred thousand in principal.
"Teacher, I can't sleep all night, I'm filled with regret." He sent me this message, "I see you analyze the market calmly, can you give me some guidance?"
I didn’t give him any "sure-win codes," but first asked him to stay calm. I told him that the first lesson in the financial market is to never gamble with money you cannot afford to lose. The loss was already a fact, and being obsessed with "breaking even" would only lead to more irrational decisions.
I developed three steps for him: first, to conduct psychological counseling, explaining the importance of position management and setting profit-taking and stop-loss strategies; second, to suggest an extremely conservative strategy, only choosing Bitcoin and Ethereum, and dividing the remaining funds into 24 parts for monthly investments; lastly, to have him use the time spent watching the market to learn blockchain knowledge and understand market cycles.
Lin hesitated several times but ultimately accepted the advice. He uninstalled the contract software, stopped making frequent trades, and committed to consistent monthly investments like repaying a mortgage. During this process, the market remained sluggish, and the coin price fell multiple times. He would occasionally anxiously ask, "Will it really go up?" I always replied: "Stick to the plan, don’t look at the price, focus on the amount of coins you’re accumulating."
A turning point appeared at the beginning of this year. The market gradually warmed up, and the Bitcoin halving narrative emerged. Because he stuck to his monthly investments, his average cost was far lower than the market peak. A few days ago, he sent me good news: "Teacher! I not only broke even but also made a profit! Although it can't compare to stories of overnight wealth, this is the first time I've made money steadily!"
Now Lin is still committed to monthly investments, but his mindset has changed. He no longer fantasizes about becoming rich overnight but focuses on long-term asset allocation. This story tells us that investing is not gambling; it is the realization of knowledge. What truly allows people to "make it back" is not some mysterious code, but a good mindset, strict risk control, and a long-term perspective.
Before, I was stumbling in the dark alone; now the light is in my hands. The light is always on, will you follow? @币来财888