A heartfelt advice to friends who have just entered the market: Don't always think about how to turn things around in one go or reach the top in one step.
In this market, those who can survive have already won half the battle. I have seen too many people who, when first getting involved with contracts, fixate on the "myth of turning over the funds".
The positions get heavier and heavier, stop-loss orders become meaningless, and all that is on their minds is one thought: "If this trade goes well, I'll take off."
The results are often very consistent — the market just needs one reversal, and the account is wiped out.
Later, I gradually understood that contracts in the crypto world are never about betting on size,
but rather resemble a long-term practice. It doesn't test whether you dare to take risks,
but rather whether you can endure; it's not about how much you can earn,
but whether you can avoid losses. The real first lesson,
has never been about profit techniques, but rather —
how to protect the principal well.
When to go empty,
when to reduce positions,
when to admit mistakes and exit,
these seemingly "not-so-cool" actions,
are the true survival skills. You will find that,
those who live long,
never rush to prove themselves.
They do not pursue a quick doubling,
but only care that every trade is manageable.
Earn 3%, exit;
if you don't understand, don't trade;
if your state is not right, take a break. It sounds plain,
but the account curve becomes more and more stable.
The market is there every day, opportunities are always available.
But if the principal is gone, you won't even have the qualification to participate.
