Sharing profits on Moments is everywhere, but who will tell you how I endured the night of liquidation?

In the year of the bear market, I lost 600,000 yuan outright. I couldn’t sleep for over a month; whenever my phone screen lit up, my heart would pound wildly. I was too scared to look at my holdings. My family kept asking where the money went, and I made excuses to avoid friends’ gatherings—it's embarrassing to say it out loud, but I was overwhelmed if I didn't.

Then, an unexpected turn came. One early morning at 3 AM, I saw a comment: "Losing money is just paying tuition; holding on stubbornly is the real terminal illness." My mind instantly buzzed, like I’d been slapped.

I opened my trading app, with an account balance of $3,500, as if mocking me. But this time, I didn’t close the page. I sat in front of my computer and analyzed the market all day.

My previous operations were just terrible: blindly following signals from my group, trying to double up when prices rose without setting take-profit targets, stubbornly holding through dips without stop-loss, switching between three coins daily chasing hot spots. Frankly, this isn’t trading—just gambling, flipping coins with luck.

I set strict rules for myself: split the $3,500 into two parts—one as principal, the other as buffer. Only trade clear market conditions, take profits at 5%-10%, and then exit. Never drag trades on. Stop-loss levels must be set before opening a position; if wrong, admit it and don’t leave room for illusions. When I don’t understand the market? Just go all in on cash and wait.

In the first week, my account grew to $5,200; in the second week, it broke $10,000; by the sixth week, it shot past $50,000. That night, I sat in front of my computer for a long time, not because the money had come back, but because for the first time, I felt I wasn’t such a loser.

I don’t have any exclusive tips or advanced skills. I just kept steady: no reckless rushing, light positions, disciplined, only taking confident trades. Now I mainly watch BTC, ETH, SOL—these main coins—and occasionally do short-term contracts, but I always keep my positions within a range that lets me sleep peacefully.

The most expensive thing in crypto isn’t the tuition fee; it’s paying the tuition and still not learning.