Have you ever seen the most heartbreaking moment in the crypto world?

It’s not necessarily the scream after being liquidated in the middle of the night. My sister’s version was last year on an evening—at the moment she deleted her trading app. She directly threw her phone onto the sofa, and the screen shattered like a spider web. She turned around, eyes red, voice hoarse: "Gone. Not a single cent left."

360,000 yuan.

As an analyst who has been in this circle for eight years, I’ve seen too many wealth-creating legends and witnessed countless people lose everything. But when it comes to my sister, the feeling is different. Ironically, she used to be a typical aggressive trader—full position in new coins, heavy on bottom-fishing, often mocking me, "Your risk control is as cautious as an old man playing chess, so boring." Her motto was “fortune favors the bold.”

And then she lost it all.

The next three days and nights, she locked herself in her study. I left food and drinks at the door every day. No sound came from inside, only the rustling of pages turning. The person who usually fought me for milk tea and whose laughter could shake the windows didn’t even utter a single complaint.

Honestly, I was prepared for long-term companionship. In this market, too many people leave completely after losing everything, and very few can stand up again. Most choose to distance themselves entirely, sealing this experience deep in their memories.

But the story didn’t go as planned.

Spring arrived, and she主动约我喝茶. At a teahouse beside the community, she took out her phone, showing a balance of: 3600U.

“Two choices,” she said, “Either admit defeat and wash my hands of it forever. Or use this little money to start over.”

Her hand trembled slightly, but her eyes shone with determination.

I didn’t advise her to cut losses. As an observer of this circle, I understand the logic of this market too well—true exit is never about clearing the account to zero, but about the collapse of the psychological defense line. The courage to give up and start anew—that’s the real ultimate failure.

Many think this is a gambler’s story. Actually, it’s not. It’s about how a person finds their way in the market. That lesson of 360,000 yuan is heavier than any number earned.

She’s still using that 3600U. Rumor has it she’s doubled it. But the focus isn’t on the ending; it’s on her mindset having completely changed—from “fortune favors the bold” to respecting risk, from blindly chasing gains to planning calmly.

This is the most valuable lesson to learn in the crypto circle.