Over the past decade, I have experienced eight painful liquidations, ultimately leading to stable profits. This transformative journey is filled with blood, tears, and reflection.

Initial Ignorance and Recklessness

In the first three years, I was like a gambler, reckless and crazy. I maxed out leverage, chased hot trends, and believed in rumors, resulting in four liquidations. The most painful one was in 2017, when Bitcoin was close to $20,000. I went long with 5x leverage and faced a 40% correction, losing everything overnight. At that time, I always blamed the market for my failures and never reflected on my own issues.

Mid-term Learning and Transition

Continuous liquidations led me to awaken. I systematically studied blockchain technology, researched trading psychology, and established my own analysis framework. From 2018 to 2020, although I still faced four liquidations, the extent of my losses significantly decreased. I began to understand the importance of position management, learned to set stop losses and take profits, and no longer obsessed over capturing every fluctuation.

Current System and Mindset

In the past three years, I have gradually built a stable profit system:

Strict risk control: No single trade exceeds 2% of total capital, never using high leverage.

Diversified strategies: Combining trend following, value investing, and arbitrage trading.

Mechanical execution: Strictly executing the trading plan after formulating it, eliminating emotional trading.

Continuous learning: Maintaining two hours of study daily to continuously optimize the trading system.

Key Turning Point

The crash on May 19, 2021, became the ultimate touchstone. When the market was in panic, I built positions in batches according to my predetermined plan, not only avoiding risks but also gaining substantial profits during the rebound. At that moment, I truly understood: stable profits depend not on predicting the market, but on managing risks.

Now, I maintain a stable return of 5-15% each month, and most importantly, I have finally freed myself from anxiety and insomnia. Looking back on this journey, I have realized: opportunities always exist in the market, but you must survive to seize them. Transitioning from liquidation to stability is not only a technical improvement but also a cultivation of character.

In the past, I stumbled around in the darkness alone; now the light is in my hands.

The light is always on, will you follow it? @币来财888