The real damage caused by the collapse of an investment portfolio is not just financial loss, but also the destruction of confidence. This article will share the journey and practical experience of how to rise again from the trading lows. This article is based on a piece written by Alexander Choi and organized, compiled, and contributed by ForesightNews. (Previous summary: Trader's Memoir: I Made 100% Profit Using Soros's Method on PEPE) (Background Supplement: Do You Really Understand? Binance's Top Trader Shares the Investment Philosophy Behind Earning 8.5 Million Dollars) Just in the past week, your assets may have shrunk by 80% or more from their historical highs. You start to repeatedly recall: What could have been done at that time? How could risks have been better managed? How could the nature of cryptocurrencies as high-risk assets have been clearer? Those late nights spent staring at the screen should have been used to accompany friends and family or learn new skills. My darkest moment occurred in the summer of 2024, when the market collapsed due to post-war panic. Before this, I had experienced nearly half a year of breakeven or even loss periods. I spent 18 hours a day watching the market and trading while also balancing my studies. In May 2024, I had a turning point in my life, earning 104,000 dollars within two weeks using my last 500 dollars. Unfortunately, the good times did not last long; in the following month, my assets drastically retreated to only 18,000 dollars. That was the darkest period of my life. I left the crypto circle, started drinking sporadically, and spent all night binge-watching (Game of Thrones) and playing League of Legends. Now my situation has improved significantly, although this market correction is even more severe, those who have experienced it know: the real damage caused by the collapse of an investment portfolio is not just financial loss, but also the destruction of trading confidence. You can't help but doubt: "Was my previous success just luck?" "Was it all based on luck?" The most frightening thing is that you will fall into a vicious cycle of self-doubt, always wanting to recover in the next trade. What should you do? First, understand: all top traders have experienced multiple asset halving. Their strength lies in knowing how to rebound from lows; please remember this phrase: "Since it has been done before, it can certainly be done again." Every day when you wake up, use this phrase to motivate yourself. Some say to "forget the historical highs; that's not the real you," I completely disagree. Being able to create historical highs proves that you indeed possess the corresponding abilities. These abilities do not disappear out of thin air. The problem may lie in neglecting certain factors or impulsively violating trading discipline. I suggest you review from two dimensions: Where are my strengths? (How did I achieve historical highs?) Where did I go wrong? Write down your thoughts on these two aspects seriously. The question is simple, but the answer is not. For example, my leap from 500 to 104,000 dollars relied on precisely capturing new coins on the chain. I excel at grasping market hotspots, assessing the potential of new tracks, conducting in-depth research, and trading Beta coins. At that time, the on-chain market was booming, perfectly aligning with my abilities. However, the mistake was that when the market cooled down and trading volume shrank, I continued to use aggressive strategies. After consecutive losses, I tried to increase my positions to recover, but ended up worsening the situation. It's important to establish a correct understanding: trading is a systematic project, and gains and losses do not exist in isolation. The only way to rebuild confidence is to re-understand yourself as a trader. I recommend starting a trading diary: Record every trade Write down daily market thoughts The format is not limited (document/note/paper and pen), the key is to record it by hand. Continuously ask: What is the narrative logic of this coin? Why buy at this price? Why hold for so long? Why sell at this price? Where did I go wrong? This can both constrain mistakes and strengthen advantages. Black and white on paper can help you see: which habits created your shining moments. What do you trade for? At this moment of restarting, before every trade, ask yourself: Why am I making this trade? In those sleepless nights after my assets retreated by 80%, I constantly thought: Is my life just about staying up late playing games and drinking aimlessly, having nothing but game rankings? Until I figured out the "why," I regained the motivation to continue trading: Why do I desire success so much? To make my parents, who have given everything for me, proud, rather than being a useless son who only knows games and chasing girls. Why do I desire success so much? To repay all the friends and family who have helped me. Why do I desire success so much? So that I don't have to study hard for years, only to end up as a slave to work. Now, with every trade, I carry these "whys." If the driving force is just cold numbers, it won't last through dark times. Now, please imagine: What if you suddenly died? Leaving this world without warning. What would you think of last? Is it that you couldn't make your parents proud? Is it that you couldn't take care of your family? Or is it regretting not experiencing life properly? You certainly won't remember a certain number in your account. This is your "why," this is the meaning of your existence. Besides risk management, this is the most core question: "Will this trade bring me closer to my life goals?" Having clear goals can help you maintain discipline and motivation during sluggish markets. Believe in yourself. If you are still young, time is your greatest capital. Please apply this long-term thinking to trading: Do you think this cycle is over? It doesn't matter. Hone your skills in a bear market, and when others give up, accumulate strength for the next cycle. I understand the hardships of this road. I understand you feel like the whole world is against you and that no one around you understands your struggles. But as long as you learn from every failure and maintain discipline when others give up, you will eventually find your way out. Remember: you may have lost coins, but experience is always there. Related Reports: A Deep Comparison of Seven Centralized Exchanges: Who is the True Money Printer for Investors? Solana, LTC, HBAR Spot ETF Launching Tonight in US Exchanges! Supporting Staking Ignites a New Chapter for Altcoin Funds MEXC BTC Contract Trading Volume Ranks First Globally, Attracting Users with Low-Cost Trading and High-Yield Fund Management "An 80% Asset Drawdown is Not the End! Crypto Traders Reflect: How to Rebirth from Investment Lows?" This article was first published in BlockTempo (the most influential blockchain news media).

#ETF