#美SEC促进加密资产创新监管框架 That winter in 2022, I met Old Zhao.



$BTC From $69,000 all the way down to $15,000, the market was filled with misery. But his situation was even worse—his account went from 2.1 million straight down to just 1,500 USDT.

That day, he sat across from me, looking completely hollowed out. His eyes were bloodshot, and his phone screen kept lighting up and going dark, over and over. He said he hadn’t slept through the night in two months, and every notification sound made his heart race. He kept uninstalling and reinstalling trading apps. His family urged him to quit, his friends told him to stop gambling, and his girlfriend was about to break up with him because of all this.

"Am I really not cut out for this business?" he looked up and asked me.

A lot of people would see him as a typical newbie getting burned by the market. But I saw something different—he was still sitting there, still asking questions, which meant he hadn’t collapsed.

I shot back with just one sentence: "A loss is just a number; giving up is what truly ruins you."

Then I told him not to rush into trying to bottom fish and make it all back. We had to untangle the mess in his head first.

**What’s the first step? Separate emotions from trading.**

Losing 2.1 million is a fact—no amount of regret will change that. But the fact that you’re still able to sit here and talk means it’s not over yet. The key isn’t how much money you’ve lost, it’s whether you can keep a clear head.

**Second step: bring your position size down to a manageable level.**

1,500 USDT isn’t the end—it’s your new starting capital. Can’t handle big swings? Start with small positions. Afraid of stepping on another landmine? Keep it to a size that lets you sleep at night. Stop thinking about going all in to win it back in one go—that’s not trading, that’s a suicide charge.

**Third step: stop gambling and start making a plan.**

The market won’t give you a break just because you’re down bad. Staring at the charts all day fantasizing about “the next big pump saving you” won’t work. We can only control what we can control: when to enter, how big the position is, where to set the stop loss, and reviewing every day.

To put it bluntly, do you want to keep being the one who gets rekt, or do you want to be among those still standing in the end?

$ZEC $ETH $XRP $SOL $DOGE The ups and downs of these assets are up to fate, but mindset management and risk control are on you. The market will always be there—the question is, can you survive until the next cycle?
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ForkTroopervip
· 10h ago
Lao Zhao's story is really fucking heartbreaking, 2.1 million evaporated down to 1,500, you have to be insanely resilient for that... But honestly, mentality is the biggest enemy, even scarier than losing money.
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UnluckyMinervip
· 10h ago
Lao Zhao's story is really incredible, turning 2.1 million into 1,500 really takes strong mental resilience. But to be honest, most people wouldn't even make it to the point of asking questions—they'd have already given up. Mindset management is indeed key here; otherwise, no matter how much capital you have, it's all for nothing.
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NFTDreamervip
· 10h ago
After reading Old Zhao's story, to be honest, it hits a bit hard. But if he can really hold on to that 1500U and survive until the next bull market, he’ll actually understand the market better than those who have had a smooth ride all along. The problem is, most people can't hold out until that day—their mentality collapses first.
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CommunityJanitorvip
· 10h ago
To be honest, what happened with Lao Zhao is a bit heartbreaking, but the fact that he's still willing to sit down and talk means he's already halfway to winning. The ones who truly survive until the next cycle are never those who go all-in, but those who know when to reduce their positions and when to keep quiet.
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StealthDeployervip
· 10h ago
Old Zhao's story makes me feel a bit upset. Having 2.1 million evaporate down to 1,500 USDT is really brutal. But to be honest, the fact that this guy can still sit and reflect on things shows he still has resilience. Many people would have already adopted a completely bankrupt mentality. The key really is emotional management—most people fall because of that idea of "having to make it all back in one go."
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AirdropHarvestervip
· 11h ago
Old Zhao's situation really hits home. Lost 2.1 million and can still sit there asking questions—he really hasn't completely collapsed. But honestly, most people just need a wake-up call like that. Losing your mindset is scarier than losing money, seriously.
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