Being poked in the heart by a private message at dawn: “I’ve been trading cryptocurrencies for 3 years without stopping, why does my money keep decreasing?”

“You’re not unable to earn, you’re unable to hold.”

This statement is incomprehensible to those who haven't experienced “floating profits turning into deep losses.”

Just like when the Federal Reserve lowered interest rates, Bitcoin surged to $94,500 and then dropped back to $90,877, with $300 million liquidated in 24 hours and 110,000 people being forced out. How many people have profited from the fluctuations but failed to hold onto their principal?

Making money relies on opportunity, while keeping money relies on discipline.

Stop staring at “hundredfold coins”; controlling drawdowns is the lifeline.

If an account drops by 50%, it needs to double to break even; this is a math problem.

Bitcoin fell from $126,000 to $89,000, a nearly 30% drawdown. Those who know how to set stop-losses only lost 5%, while those who chased the highs got stuck with a 20% loss, the gap is that wide.

The hardest part of the cryptocurrency world is not reading K-lines, but going against human nature.

Now that the CVI volatility index is above 66, with overwhelming FOMO sentiment, I instead reduced my ETH position to 30% — at the current price of $3,333, I will not chase until it stabilizes above the resistance level of $3,397.

Experts are divided into three tiers: those who chase hot trends, the “coin-based” are always anxious; those who guard strategies, the “model faction” are as steady as old dogs; while those who observe fund curves, the “account mentality,” are the real winners.

My insight on making big money with ETH can be summed up in eight words: “Show weakness in strength, pretend to be strong in weakness.”

When it surged to $3,440, I waited for a pullback to the support level of $3,250, and when it fell below $3,000, I didn't try to catch the bottom.

The market never lacks opportunities; what it lacks is the principal to survive to the next wave.

Only those who can control drawdowns deserve to talk about compound interest.

Follow me for practical skills that can be applied, see you in the Binance chat room.