The deeper the loss, the harder it is to recover; this is the cruelest truth in the market, yet it is often ignored.

I have always remembered Buffett's old saying:

The first rule is, don't lose money; the second rule is, always remember the first rule.

In the cryptocurrency world, a lot of people only see 'doubling'; however, those who can truly survive focus on just one thing:

Don't let your account go to zero.

Why? Because mathematics is unforgiving.

If you lose 10%, you need to earn 11% to break even;

Lose 30%, and you need to earn 43%;

Lose 50%, and you must double your money;

Lose 70%? You need a 233% increase to come back.

This isn't the market torturing you; it's mathematics directly declaring you on 'death row'.

Small losses can be made up for, but large losses truly have no rescue. Losing half means you need to double; losing seven-tenths generally means exiting.

So I have always emphasized:

Stop-loss is not a technique; it is a bottom line; it is not an emotion; it is discipline.

There are many ways to stop-loss, and among the few I often use, the last one is the simplest, the most cost-effective, and the one most people ignore.

Why is it effective? Because it pulls you back from being a 'gambler' to a 'trader'.

How to stop-loss and which method to use are related to your system, entry logic, and cycle style.

But there is one point that is always a consensus:

If you don't stop-loss, the market will stop-loss for you — in a harsher way.

Learn to stop-loss, and don't stubbornly hold on, cling to, or refuse to admit mistakes.

Keep the account, and opportunities will always be there.

If you still haven't learned how to live steadily in the market, then what you're missing is just a learning window; those who know how to do it naturally understand!