Seven Years in Crypto: From Numerous Liquidations to a Steady Recovery
Calculating, I've been in the crypto world for seven years now. When I first started, I only had 10,000 U in my pocket, and now, thanks to trading, I can support my entire family. But this journey has truly been earned through blood and tears.
In my third year in the industry, I played contracts for the first time. I lost 730,000 U in half a year. Ironically, I almost always correctly predicted the market direction, yet I still ended up losing everything. At that time, I couldn't sleep at night; the market moved as I thought it would, but my account was empty.
Later, I realized that I wasn't losing to the market; I was losing to myself.
Impulsive entry, rigid stop-losses, and heavy positions—these are the three pitfalls I have all fallen into. Each liquidation felt like a slap in the face, forcing me to reevaluate my greed and obsessions.
What truly changed my fate was the word "stability."
I set three principles for myself:
No all-in bets; divide positions into three parts;
Adjust stop-losses flexibly according to the market;
If the market is unclear, it's better to stay out.
Since then, my account has tripled in a year, and more importantly, I can sleep soundly, no longer swayed by fear and greed.
Some people ask me: How do you make money?
The secret is just one sentence—don’t think about getting rich quickly; find a way to live long.
The crypto world doesn’t lack smart people; what it lacks are those who can remain steady.
The pits I’ve walked through and the tears I’ve shed have now turned into lights.
May you join me in making this light shine even brighter.