Family, who understands! While looking through old screenshots on WeChat, I unexpectedly saw last year's newcomer in the crypto world, Xiaoyu, who almost cried and called me 'sister.' The line 'If I lose more, I will delete the trading software' made me laugh to tears while staring at the screen, but then I couldn't help but sigh. After all, I personally pulled him from the desperate situation of 1380U to the peak of 54,000 U, only to finally press the block button myself. As an analyst who has been in the crypto market for eight years, I've seen too many tragic liquidation situations, but I have a lot of heartfelt words I want to share about this young man's experience.
Let's talk about the situation with Xiaoyu, which hides many pitfalls that newcomers in the crypto world must avoid, and it's the hard truth I shout about in the live stream every day - in the crypto market, 'slow' is the fastest way to make money. When Xiaoyu first added me, the messages came in as if he were sending telegrams, every word trembling: 'Sister, this is the last bit of money I have after graduating; if I lose this, I will be completely out of the crypto world.' At that time, he was holding ETH, with the number stuck at 1380U, too scared to even press the order button, a typical case of 'post-liquidation syndrome.' I told him to only use 10% of his funds to build his position on the first day, and this kid directly sent a voice message, his voice so anxious it was cracking: 'Sister, is this all? When can I break even?'
I rolled my eyes at the screen and silently repeated a hundred times 'newbies are always like this,' then typed to tell him: 'What you need now is not 'fast,' but 'survival.' This is not me being alarmist but a hard rule in the crypto market - capital safety is always the top priority, and the premise of profit is not to lose. I have seen too many newcomers go all-in on popular coins, feeling euphoric when prices rise and panicking when they fall, ultimately losing sight of their capital. Xiaoyu was relatively obedient, hesitated for three minutes, and replied 'I'll listen to my sister,' then entered the market with a light position as I suggested. As a result, three days later, his account directly gained 32%, and the message he sent was full of exclamation marks, like he won the lottery: 'Sister! It's in the green! Really in the green!'
This is where the key point comes in, which is the second core knowledge I taught Xiaoyu: profits should be taken promptly, and capital is always your safety cushion. I immediately urged him to withdraw his profits, repeatedly emphasizing 'don't touch the capital, not even a bit.' Many newcomers think about increasing their positions as soon as they make money, believing that 'unrealized gains are free money,' not realizing that the volatility in the crypto market is faster than flipping a page; yesterday's unrealized gains could be today's liquidation trigger. During that time, Xiaoyu was quite obedient; he would screenshot his withdrawal records and send them to me when he made money, and when he lost, he wouldn’t complain. He would wake up at midnight rubbing his eyes to review his mistakes with me, jotting down the problems in his memo. Just like that, his account slowly climbed from 1800U to 54,000U. I initially thought this kid finally got it, but then he carelessly said, 'Sister, can I now help others analyze the market in the community?' which made alarm bells go off in my head.
Sure enough, on the 34th day, this kid started 'self-starting' without informing me, heavily investing in newly launched popular coins, and confidently said: 'Everyone in the community is going for it, I want to try it myself... I can’t always rely on my sister, right?' When I saw the screenshot of his holdings, his account had already dropped by 43%, and I was so angry that I nearly spilled my coffee on the keyboard. What I taught him was never to 'rely on anyone,' but rather the core of crypto trading: maintain discipline, set stop-losses, and do not follow the crowd. The stop-loss level is the lifeline of the crypto market; I have written countless times in my columns and spoken about it in live streams, yet there are always those who think, 'I am lucky; I won't lose,' not realizing that the market never shows mercy just because you are a newbie.
On the 36th day, I came across the message where Xiaoyu cautiously asked me, 'Sister, did I set the stop-loss correctly?' My finger hovered over the screen for a long time, but in the end, I still clicked to block him. It’s not that I’m heartless, but I understand the rules of the crypto world too well: some paths can only be understood through personal experience; some losses must be felt to be remembered. I can help him avoid a pitfall once, but I can't help him avoid pitfalls for a lifetime. Rather than watching him lose all the money he worked so hard to save, it’s better to let him realize the market's cruelty earlier.
Honestly, as the crypto analyst you all urge for updates daily, I have seen too many newcomers like Xiaoyu rush into the market full of hope, only to be defeated by greed and luck. I am writing this article not to flaunt how great I am, but to tell all of you in front of the screen: the crypto market has never been a 'get rich overnight' playground; it is a battlefield that requires patience, discipline, and learning. Next, I will break down more newbie avoidance guides in the live stream, and I will also compile a 'universal formula for setting stop-loss levels,' so stay tuned.
