Have you ever had this experience, folks: when you lose money, you always want to “earn it back in one go”, but the more you trade, the more you lose, until you’ve even lost your principal? It’s not that you have bad luck; it’s that the “turnaround mentality” itself carries a guaranteed loss bug. You need to understand these 3 reasons 👇
1. Wanting to turn things around = “Gambler's mentality kicking in”, all operations become distorted 🤯
The more you want to turn things around, the easier it is to turn “trading” into “gambling”! Initially, you might have some trading rules, but when you get anxious, you throw them all away:
• Not looking at trends anymore, just randomly picking a coin to bet everything on, thinking “what if it goes up”;
• No stop-loss set anymore, if I lose, I’ll just increase my position to “average down”, thinking “I’ll break even when it rebounds”;
• Once you dare to go high leverage, if 10 times is not enough, then go for 20 times, thinking 'leverage is the only way to quickly turn a profit';
So what’s the result? Bet right once and make a little money, bet wrong once and directly blow up your account— the 'urgency' of wanting to turn things around will make you give up all risk control, turning your account into casino chips, losing is inevitable, earning is just a coincidence.
2. The more you want to turn things around, the easier it is to 'catch small and let go of big', stepping into traps more quickly 💣
Those who want to turn things around only see 'quick money-making opportunities' and can't see the risks at all:
• Others say 'this meme coin is going to pump', you rush in regardless of whether it's a scam, thinking 'make a quick profit and run', but end up getting trapped;
• Once the market fluctuates slightly, you can't help but trade frequently, buying this today, selling that tomorrow, losing a bunch on transaction fees, and always getting the rhythm wrong;
• Focused only on 'short-term fluctuations', ignoring macro cycles and project logic, making a little money feels good but panicking when losing big money— the more eager you are to turn things around, the easier it is to be tempted by small opportunities, jumping into the short-term traps set by the main forces, ultimately losing even more than before.
3. Failing to turn things around = 'the mindset completely collapsed', falling into a 'loss cycle' 🔄
Once several attempts to turn things around fail, the mindset directly explodes:
• When losing, you think 'I'll try one last time, this time it will definitely work', but end up getting deeper and deeper, going from a loss of 10,000 to 50,000, 100,000;
• Start to doubt yourself, either blindly follow others' actions or recklessly buy and sell;
• Even if you occasionally make some money, you will continue to gamble because 'you want to earn more to recover losses', ultimately losing back what you earned;
'The more you lose, the more anxious you become; the more anxious you are, the more mistakes you make; the more mistakes you make, the more you lose'— this is the cycle that those who want to turn things around easily fall into. In the end, it's not about losing in the market but losing in your collapsed mindset.
🎯 Finally, to be honest:
In the crypto world, 'wanting to turn things around' is itself a trap. Those who can really make money never think about 'how to quickly turn a profit', they only think about 'how to avoid losing first, and then slowly earn'. Rather than rushing to turn things around, it’s better to stop:
1. First, reduce your position, and don't touch leverage again;
2. Set a stop-loss, even if you earn a little less, don't let the losses expand;
3. Only trade what you understand, if you don't understand, just lie flat;
Once your mindset stabilizes and your rhythm is right, making money is actually a natural outcome— the crypto world has never been a place for 'gambling to turn things around', it’s a battlefield for 'steady and solid survival'.
Have you ever experienced 'the more you want to turn things around, the more you lose'? How did you eventually stop? Let's talk in the comments section~👇$DOGE
