Don't panic if you've lost money trading cryptocurrencies; take a few minutes to read this article, and you might find a chance to turn things around!

In the cryptocurrency trading world, there is only one type of person who can get rich: those who have experienced liquidation and significant losses but can still get back up, summarize their experiences, and maintain a steady mindset like an old dog. Trading cryptocurrencies is an exciting gamble, with unrestricted fluctuations throughout the day that make the dream of becoming rich overnight within reach.

However, losing money is also a common occurrence. To establish yourself in the crypto space, you must first learn how to survive and protect your capital. Don’t think that making a few 100% gains is impressive; a single 100% loss can leave you with nothing.

You need to have a clear operational plan: how much you want to earn, how much loss you can accept, at what level you will take profits, how to increase your position, and how to set stop-losses—all of this must be clear in your mind. Don’t let temporary greed or fear disrupt your strategy.

Also, follow the trend; don’t just think about making small profits through arbitrage every day. You need to be patient and wait for the trend to clarify, find the leading coin, and hold on without getting off easily. Overtrading is a major taboo; transaction fees can drain you, and you may miss out on real market opportunities.

Psychological resilience determines everything. Trading is a struggle with your own inner self. You need to have a big picture in mind; don’t let your heart race over small fluctuations of a few hundred or thousand. Focus on making big money and don’t sweat the small waves.

The way of trading is your secret to making money; understand market rules and find your own trading logic. Don’t let emotions of hope, fear, or greed lead you astray. You need to have your own stop-loss points and investment plans, and don’t let short-term fluctuations disturb you.

Finally, I want to say that making money in cryptocurrency trading doesn’t depend on the techniques you use but on your discipline and patience. You need to understand that sometimes trading is not about intelligence but about who can stay calm and who can wait.

As an experienced cryptocurrency investor, I share my insights and experiences for free. Interested in the crypto world but don't know where to start? Follow me to see my insights and guide you to achieve freedom in this bull market.