The ones who ultimately survive are never those who think they are smart gamblers.



Back in 2017, I jumped into the deep waters of cryptocurrency with 8000U. At that time, I couldn’t understand candlestick charts at all, and I had to ponder for a long time just to figure out what yin-yang lines meant. Needless to say, three months later, my account hit rock bottom.

That period was almost like being possessed. When the coin price rose by 1 percentage point, my heartbeat would start racing. When it dropped by 2 percentage points, I’d toss and turn all night, unable to sleep. At the craziest times, I even borrowed money to throw into the market, sinking deeper and deeper.

The turning point came during the 2018 bear market. At that moment, I saw through one thing completely: this market will never teach you how to get rich quickly; it only teaches you how to survive longer. After eight years of ups and downs, I finally understood — those who live longer win the most.

Those past "cut-loss lessons" helped me start over. I gave up all dreams of overnight riches and began learning the basics. I set three strict rules for myself:

Never touch coins I don’t understand; never open a position without a stop-loss; and when greed arises, force myself to exit.

Sounds stupid, right? But it was these "stupid methods" that allowed me to gradually recover a few hundred U. Later, that 1800U slowly grew into 58,000U. Not by luck, nor by some advanced skills, but simply by sticking to these seemingly boring fundamentals.

Many beginners entering the market are filled with thoughts of "how to make big money." But the real question should be "how not to lose money." Risk control is always the first lesson; being smart or not is actually less important.
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Degentlemanvip
· 5h ago
Really, stop-loss is a hundred times more important than predicting price movements. I learned the lesson the hard way: don't borrow money. Living long is winning, and that’s so true. It may sound uncool, but that’s how I survive. Greed is the biggest enemy, no doubt. Only those who know when to give up can make it to the end. Basic skills are boring? That’s because they are useful. How much is the lesson of 8000U worth now? For beginners, the most important thing to learn is not how to read the charts, but how to understand themselves. If you don’t set a proper stop-loss, no matter how strong your mindset is, it’s useless.
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SerumDegenvip
· 5h ago
nah this hits different... the copium phase was real for me too, borrowed money thinking i'd catch the dip lmao. turns out staying boring > getting liquidated. risk management isn't sexy but it doesn't rekt you either
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StakeWhisperervip
· 5h ago
To be honest, I am one of those who was saved by this kind of "clumsy method."
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FlashLoanLordvip
· 5h ago
That's exactly what I've been trying to say. Those who spend all day researching quantification and high leverage end up being swept out the door. Truly, living is a hundred times more important than making quick money.
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MintMastervip
· 5h ago
Really, I've also gone through the phase of borrowing money to invest, and I woke up way too late. Now, I only have one thought: just to stay alive.
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