Okay, remember to stream every day, what position will the concubine fall to? I will hold the concubine with you for the long term.

If you don't want to continue losing money in the cryptocurrency world, the first thing you need to do is completely stop day trading.
I started trading when I was 19 years old.
In 2017, I used the 5000 yuan I saved from working part-time as a fitness coach while attending university to enter the cryptocurrency world. At that time, Binance had just launched its ICO, and trading was done on a certain platform. I thought making money from trading was really fast; I frequently engaged in short-term operations every day, but later I realized that for retail investors, day trading is the fastest dead end.

From 2017 to 2019, I did day trading for 2 years, and in the end, I found that my returns didn't even outperform my mother’s. The account I set up for her automatically invested in ETH had better returns than mine. During those two years, the ICO craze saw Ethereum rise from a few hundred yuan to over ten thousand yuan.

Just like the failure of a tooth, it’s not because the tooth never won. A tooth has a real win rate of over 90%, with basically 8 out of 10 positions profitable.
The failure of a tooth is because it has never slowed down.
Day trading + high frequency + heavy positions = death.
Every significant loss I experienced happened after a big rally—because I didn’t stop, but continued.
And every significant victory I achieved (that I truly maintained profits from long-term) was because I seized a wave of a big market trend and then completely relaxed.

I frequently went to Macau last year. When you walk into a casino, you clearly know what kind of place you have entered.
I saw the dealers, the gambling tables, the luxurious decor, and the smell of perfume at Wynn Palace. My brain knows this is gambling.
In the past two months, I’ve been live streaming and observing various people at Binance Square, and my feeling is that many people at Binance Square now are just like sitting in a Starbucks, drinking coffee while looking at their laptops, disguised as Wynn Palace in Macau. But they seem to not realize that they have already sat down at a gambling table.

I truly started to retain money when I completely stopped. I no longer chased every fluctuation, but instead, like a sniper, I moved less, held firm, and then stopped. After making a profit from a wave, I forced myself to step away from the screen. True victory is not about making a fortune on a certain day, but having the profit still in the account this time next year.

A piece of harsh advice for all my friends who, like I did back in the day, rushed in with passion and not much capital: the best way to keep that 5000 yuan is not to try to turn it into 50000 through day trading. Slow down, and you'll have the chance to see the true path clearly.