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Having been in the crypto world for nearly eight years, those early days were truly unbearable. Liquidations didn't happen once or twice, but repeatedly—like topping up your account, taking a sip of water, then turning around to find your position gone.
Only later did I realize: the market rules haven't changed; what's changed is my own greed—being too impatient, too greedy, too confident. Nowadays, I don't boast about how much I've earned, but at least in these years, I haven't experienced the pain of liquidation again.
Let's be honest and open—if I can help you pay less tuition, that would be the best.
**About Being Trapped**
Many people start dreaming as soon as they get caught—adding more funds, waiting for a rebound to sell. Wake up, everyone. The purpose of adding to your position is to stop the bleeding, not to get rich quick. If your mind is full of thoughts about making a big profit when adding, you're basically paving the way for the next liquidation.
**Market Conditions**
The calmer the market, the more vigilant you should be. When the K-line is still, it often means a big move is brewing. Especially after a significant rise, the triangular consolidation pattern looks like it’s gathering strength, but in reality, it’s just setting you up. When prices rise too much, a correction is inevitable—that's an iron law. The secret to trading is just eight words: buy when few are around, sell when many are in. When the market is quiet and no one dares to move, it's the perfect time to calmly position yourself. When your friends start showing off their profits wildly, it's time to think about how to get out. Don't chase highs, don't panic sell, and during sideways trading, keep your hands steady.
**Position Management Is Key**
Full position in crypto basically means sentencing yourself to probation. The market is alive, and you need to leave yourself some room to breathe. Without buffer space, there's no room for error—one wrong judgment and you're out.
**Finally, Let's Talk About Mindset**
In crypto, it's not about technical skills; it's about human nature. Greed makes people chase, fear makes people cut, and in the end, all the money is gone. Those who truly survive are the ones who don't greed when they should, don't panic when they should cut, and steadily move forward. I've stepped into more pits than you've seen in K-lines. These words may sound uncomfortable, but they can really save your life. To leave with more profit, these rules must be ingrained in your mind.