360,000 turns into 40,000: "All the time for a hot pot is gone!" She smashed her phone, and the heat of the hot pot hadn't dissipated yet.
For the next three days, she locked herself in her study, with only the sound of flipping pages. I secretly vowed that when she came out, I would delete all her trading apps.
In spring, she asked me to meet at a tea house. I was preparing to comfort her, but she slammed her phone on the table— the screen displayed a six-digit asset, not only filling the hole of 360,000 but also earning an extra 30,000.
As an 8-year cryptocurrency analyst, I know that her comeback had no shortcuts, relying solely on three rules earned through blood and tears:
1. Never go all in, leave enough for retreat
In the past, she always went all-in, losing 360,000 because she fully invested in trending coins, which dropped 40% in three days. Now she stipulates: a single entry should not exceed 25% of the total principal. She said, "Slow is better than losing everything."
2. Cut losses resolutely, 10% is the red line
She has a sticky note on her computer: "If floating loss reaches 10%, cut the position immediately." I asked, "What if it rebounds?" She pointed to the dead pothos on the balcony: "If you don't trim the rotten roots, the whole pot will die. Cutting losses is buying insurance for the principal."
3. Take profits, refuse to be paper rich
Every time she makes a profit, she only keeps 15% to continue rolling in, and the rest is immediately withdrawn. She said, "Last time I lost 360,000 because I made 50,000 and wanted to make 100,000; greed backfired. The numbers on the screen are virtual; cashing out is real money."
In the cryptocurrency market for 8 years, I've seen too many gamblers: fully invested, not cutting losses, and inflated greed. But my sister proved that there are no dead ends in the market, only people who don't follow the rules.
If you also cycle between "making quick money" and "losing big money," follow Sister Anxin. Next time, I'll share the pitfalls that you only understand after "crying from losses"—
which coins to avoid, and when is a good time. After all, the lessons learned from that 360,000, the broken phone, and the hot pot that wasn’t eaten are not in vain.
If you don't know how to time the market, Sister Anxin will analyze it in real-time for 25 hours a day, providing the current best entry points