The first time he entered the crypto world, there was over 20,000 U in his account.
Not a lot, but it was almost all the savings he could use.
At first, he didn't feel the danger. What he saw were stories of doubling, skyrocketing prices, and seizing the main upward trends; the group was shouting about opportunities every day, and emotions drove him to participate. He didn't know how to analyze structure, didn't understand cycles, and didn't know what position management meant. He was afraid of missing out when prices went up, felt unwilling when they fell, and thought that if he lost, he would definitely make it back next time.
Soon enough, reality gave him the answer.
After several times of chasing highs, several times of stubbornly holding on, and a few impulsive emotional trades, over 20,000 U shrank rapidly.
His account changed daily, but the direction was only one: downward.
The hardest part wasn't losing money; it was not knowing what to do.
If he continued trading, he feared losing even more;
if he stopped, he felt unwilling to just give up.
During that time, he genuinely felt he had hit a dead end.
Later, a friend introduced him to Brother Long.
He thought he would hear some “break-even strategies” or “high-stakes opportunities,”
but Brother Long only asked him one question:
“Do you know why you are losing?”
At this question, he was stunned.
Because he realized he couldn't articulate anything clearly.
In the following time, he didn't rush to trade.
He first reviewed his losses, broke down his logic, and changed his habits.
When to take action, when to stay out;
what market conditions to engage in, and what to avoid.
For the first time, he realized that the crypto world isn't about boldness; it's about understanding.
When he returned to the market, the rhythm was completely different.
His positions were lighter, his actions slower,
every trade had a plan, and he could accept stop losses.
The market didn't suddenly get better,
but his account slowly started to recover.
In a short period, he had made back over 10,000 U.
He said that at that moment, there was no ecstatic feeling of “turning the tables,”
but rather a sense of stability for the first time.
Because what he earned this time wasn't just money,
but a fundamental understanding of the market.
The most brutal part of the crypto world is:
whenever your understanding is insufficient,
the market will take your money at that moment.
And the real turning point,
is often not a windfall,
but when you finally stop and start doing things the right way.
