#美国证券交易委员会推进数字资产监管框架创新 In digital asset trading, what can truly wipe out an account is often not losing hundreds or thousands of yuan, but that one full-margin all-in shot.

Beginners are most prone to fall for this. Holding less than 10,000 USDT, they want to soar to the sky. Before the excitement wears off in two days, they jump into three trades. When confidence is at its peak, the market is the least forgiving—one bearish candlestick, and the account is wiped out.

I also went through this trap ten years ago. When I first entered the market with 20,000 USDT, I thought I was gifted, had unique insights, and the future was bright. But then I kept trading frequently, blindly added margin, and impulsively went all-in, and within a few days, my account was almost wiped clean. That feeling is unpleasant.

The turning point came the moment I turned off my phone. Stopping, I finally saw clearly—that the problem was not the market, but my impatience.

Since then, I’ve set up three defenses for my funds:

**First, strictly control position sizing.** It’s not that there are no opportunities, but greed makes people misjudge priorities. Use half of the funds to experiment, and if the market cooperates, gradually add more; if not, cut quickly. Protect the foundation, so next time there’s an opportunity, you’ll have chips.

**Second, pre-determine exit points.** Don’t hold on during dips, and don’t be greedy during rises. Many people lose not because they are wrong on direction, but because they get entangled. When the price retraces, it can eat up all profits, so plan your exit at high levels in advance—don’t force it at the last minute.

**Third, only invest in projects you understand.** No matter how loudly the group shouts or how aggressively short videos promote, if you don’t understand the logic, don’t make a move. Unfamiliar assets simply cannot provide stable returns.

When the market is hot, slow down; during consolidation, stick to discipline. As long as your funds are alive, you have the right to continue participating.

Endure the loneliness, and your account will naturally show feedback. Not because you’re especially clever, but because you’re no longer driven by emotions. Don’t expect to multiply tenfold overnight; first, ensure your money doesn’t evaporate.

Opportunities are always there, but liquidation means the game is over. To play long-term, never go full-margin, avoid impulsive moves, and don’t be overconfident. $BTC $SOL