In terms of success or failure, life is grand; at worst, just start over. Friends who are just entering the market, don’t panic too much. Survive first, then gradually grow bigger—that’s the real skill.



Do you remember those first few years? The only thought in your mind was: "If others can double their money overnight, why can't I?" At that time, I had 5000U in hand, went all-in in one shot, and held on stubbornly. And the result? Liquidated repeatedly. Every time I got wiped out, I would deceive myself by saying, "Next trade will definitely bounce back." But reality was one pit after another, and my account was like falling into an endless abyss, sinking deeper and deeper.

Later, I realized it wasn’t bad luck, but that I simply wasn’t qualified to hold onto that money. With a gambler’s mindset lacking logic and discipline, surviving in the crypto world was already a miracle.

The real turning point came from a thorough self-analysis. Stopping to review my trading habits carefully, I discovered that liquidation was never an accident but an inevitable result. Those exaggerated claims of "risk under control"? In the face of unsystematic, illogical operations, they are just a joke.

Contract trading isn’t gambling; it’s about entering and exiting with rhythm and logic. The most frightening thing in the crypto world isn’t market volatility, but a collapsing mindset.

Afterward, I started obsessively studying Bollinger Bands (BOLL), not just drawing a few lines randomly. I paid attention to order book dynamics, analyzed structures, distinguished true breakouts from false ones, understood the concepts of closing and opening, and waited for pullbacks to confirm… When I first made 30x profit using this method, the sense of security was indescribable. At that moment, I finally realized I had grasped the secret of the crypto world.

But no matter how good the method is, if your mindset collapses and your positions are chaotic, liquidation is unavoidable. Ask yourself: Are you placing logical trades or emotional ones? Are you using a systematic approach or just gambling on the market? Not setting stop-losses? Then you’re not here to make money; you’re just seeking the thrill of getting wiped out.

Too many people claim they don’t believe in fate, but in reality, they leave their destiny entirely in the hands of the market. Now, I place fewer orders, but each one is clean and decisive, with clear risk awareness. This is the only secret to surviving and gradually strengthening in the crypto world.

Don’t talk to me about getting rich overnight. The crypto world has never lacked stories of sudden wealth; what’s missing are the tough guys who can survive and grow step by step.
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BlockchainNewbievip
· 10h ago
Alright, that really hits home. I went through the full transfer of 5000U back then, and now I just regret not understanding this logic earlier. Really, once your mindset collapses, any method is useless. Now I’ve become more laid-back, thinking that just staying alive is more important than anything else. This is the real truth of the crypto world, and no one tells newcomers. I agree, setting stop-losses poorly really just leads to liquidation.
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rug_connoisseurvip
· 22h ago
Hmm... You're right, but I just want to know how many people can really stick to that point. Isn't it just replacing a gambler's mentality with an engineer's mentality? It sounds simple and practical. I've also used the Bollinger Bands strategy, but the key is still that phrase "once your mindset collapses, it's over." Everyone can talk about it, but actually doing it... Back then, I was also that all-in fanatic. Looking back now, it's embarrassing to death. Just being able to survive is good; compared to friends who go all-in, I consider myself lucky.
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MEVHuntervip
· 22h ago
Bollinger Bands can indeed capture structure, but do you know? The real alpha is in the mempool; those intangible spreads are the real game-changers.
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ZkSnarkervip
· 22h ago
honestly? the "5000U yolo" era is basically the crypto equivalent of not knowing what a proof sketch is—except way more expensive. dude learned what we all learn the hard way: system > vibes, every single time.
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BridgeJumpervip
· 22h ago
Oh no, going all-in with 5000U really hit me, that's exactly how I was back in the day. Losing your mindset and thinking everything is over—that's a real punch to the gut. The Bollinger Bands strategy can indeed be effective, but only if you have discipline; otherwise, it's pointless. Not setting stop-losses? That's truly a gambler's mentality, no wonder you get liquidated. Surviving is a hundred times harder than getting rich overnight, I agree with this point.
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OldLeekMastervip
· 22h ago
In the years I didn't set stop-losses, my account indeed felt like a bottomless pit. This article talks about the mentality collapse leading to liquidation, I truly resonate with it. I used to be a all-in gambler, but now I’ve learned to be smarter? Not necessarily, just afraid of blowing up. Is a 30x Bollinger Band leverage luck or strategy? Anyway, I’ve never been able to make it work. Surviving is much harder than getting rich quickly, this sentence really hits home.
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