$BEAT The deeper the loss, the harder it is to turn things around; don’t play your account down to zero.
Many people enter the market only seeing double profits and getting rich, while ignoring the most realistic issue: once you suffer a significant loss, there’s basically no way forward.
This isn’t about emotions; it’s about math.
Lose 10%, and you need to earn 11% to break even.
Lose 30%, and you need to earn 43%.
Lose 50%, and you need to double your money.
Lose 70%, and you need to rise by 233%.
Seeing this, you understand that small losses can be recovered, but large losses essentially equal a slow death. It’s not that you’re not trying hard enough; it’s that you’ve already been sentenced to death by probability.
So I keep emphasizing one thing: don’t think about how much money you can make first; think clearly about how not to lose all your money.
Cutting losses isn’t giving up; it’s saving your life.
Not cutting losses may seem like holding on, but in reality, you’re just waiting for the market to liquidate your position for you.
Many people say one thing before facing liquidation: just wait a bit longer; a rebound is coming. But the rebound doesn’t come, and first, the account is gone.
Those who can truly survive in the crypto world are not those who chase trends every day, but those who firmly hold their bottom line.
As long as the account is still there, there will always be opportunities. If the account is gone, no matter how good the market is, it has nothing to do with you.
Remember a very painful but very real saying: the market is not afraid of your mistakes; it’s afraid that you’ll make a mistake that knocks you out of the game.
As long as you’re alive, you have the right to talk about turning things around.
$H $JELLYJELLY
