Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#加密货币市场动态 Six years of Cryptocurrency Trading, I fell from heaven to hell and crawled back.



$ZEC In the first two years after entering the market, I felt like the chosen one—every trade seemed to be in perfect rhythm, and the numbers in my account soared, accumulating 17 million in less than two years.

$YALA To what extent did it expand during that time? I really thought I had seen through the market rules, feeling like I could just win by lying down for the rest of my life.

However, the market never shows you any mercy.

The real critical hit is not the loss itself, but when you are standing on top of the mountain, suddenly stepping into thin air—before you can react, you are pressed down and rubbed repeatedly against the ground, without even a chance to plead for mercy.

The market has been plummeting continuously, but I refuse to admit defeat. I increased my position, added to my holdings, and went all in, going against the market.

The more it falls, the less I can accept it; the more I lose, the more I want to make a comeback.

Finally, it broke through the bottom line directly from 17 million, owing 3 million.

During those months, I didn't dare to open the trading app at all. When my phone rang in the middle of the night, my heart almost jumped out, fearing that another position had blown up. For a full three months, I thought every day: Is it completely over?

But there is a strange thing about the cryptocurrency market - as long as you are still alive, there is always a chance for a comeback.

During the darkest days, I transformed from a gambler into a trader for the first time.

In the rented house for two months, I did three things: reviewed the logic of losses, dismantled emotional traps, and rebuilt the trading system.

I just understood: what we earned was not technology, but a bull market; what we lost was not luck, but a system crash.

Later, I set three strict rules for myself:

Rule 1: Never go all in, always keep some bullets.

Article 2: Go with the trend, don't fight the market head-on.

Article 3: All operations are conducted in the system; execution is a hundred times more important than judgment.

Since then, I no longer chase hot trends, gamble on extreme market conditions, or rely on intuition to place orders. I transformed myself into a cold-blooded machine, executing only according to rules, solely to survive.

The account will turn positive after one year. After two years, it will climb out of the mire.

Now I ask you: do you want to be cut for life, or do you want to be the last person standing?

Continuous observation: $ARC $TRUST $MMT $DYM $TNSR $BEAT $MYX $AKE $NIL $DUSK $AIA $ETH $BTC $SOL $BNB $XRP $XAN
YALA-8.72%
ARC1.69%
TRUST0.47%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
AirdropHunterXMvip
· 11-28 08:14
Indeed, it takes real skill to crawl out of a 3 million pit. Back then, I was totally broken when I lost 1 million.
View OriginalReply0
GasDevourervip
· 11-26 00:56
The part about 3 million in debt is really extreme; I went through something similar, but it wasn't that bad. The key is to stay alive; rules are more important than intuition.
View OriginalReply0
GateUser-4745f9cevip
· 11-25 10:10
From 17 million to owing 3 million, this contrast is really insane, but to be honest, going all in against it is indeed a kill shot. It seems like a motivational speech, but it really boils down to one thing—don't have a gambler's mentality; everyone is equal in front of the rules. The key is still the mindset; admitting defeat is easy to say but incredibly hard to do. Turning from a full position gambler into a systematic trader is indeed a bit harsh; surviving is harder than winning money. It's always the smart ones who live to the end, while the foolishly bold end up dying halfway. However, this story does sound a bit exaggerated; usually, such a turnaround isn't so smooth. Wait, how did he get out of 3 million debt in just two years? There must be some details that were hidden in between.
View OriginalReply0
ApeWithNoFearvip
· 11-25 10:06
Wow, going from 17 million to owing 3 million, how brutal is that? --- All in three times is really something, the market is just this ruthless. --- The key is still to have a system, otherwise it's just pure gambling. --- To be honest, most people die at the step of not admitting defeat. --- The term cold-blooded machine is brilliant, you have to be like this to survive. --- I haven't dared to look at the app for three months, I can imagine that feeling, torment. --- The bull run profit-making system has huge losses, this summary is too on point. --- That last sentence is a bit harsh, but indeed, timid people are destined to be played for suckers. --- Always keeping bullets in reserve, if I had known this earlier, I wouldn't have gone into debt. --- To put it bluntly, it’s a mindset issue; greed cost lives.
View OriginalReply0
YieldChaservip
· 11-25 09:47
The 3 million debt period is really unbearable, more desperate than losing money.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)