The depth of the pitfalls in the crypto circle reflects the scars on my account

From being wiped out on #加密生态动态追踪 to now earning a stable four-figure daily average, I've paved this road with real money. The 3 a.m. candlestick chart is more reliable than an alarm clock—it's not about catching opportunities; it's about losing so much that I can't sleep.

Going all-in on small coins, stubbornly holding through pullbacks, blindly bottom-fishing during waterfalls, averaging down to reduce costs... I’ve fallen into all the rookie traps. The most despairing moment was when my perpetual contract was liquidated three times within 8 hours, dropping my account from six figures to four. At that moment, I truly felt like quitting the scene.

The turning point came from those loss screenshots. Staring at the settlement sheet in a daze, I suddenly realized—the market is fine, my problem is lacking a system, relying solely on emotions to open positions.

I started using the dumbest methods to save myself. Daily review without interruption, recording entry signals, psychological changes during holding, and exit logic. Slowly, I developed a few life-saving rules:

When the market is unclear, hold your hands; volatile moves with poor liquidity are traps; opportunities always outweigh funds.

Position size must leave a safety cushion—risk per trade no more than 5% of capital; staying alive is a thousand times more important than doubling. Profits are split into multiple parts: the main position follows the trend, while the secondary position takes profit when conditions are good.

Every entry must have an anchor point; MACD golden cross combined with volume confirms action. Opening trades based on gut feeling is no different from gambling.

Honestly, the execution process can be pretty uncomfortable. Seeing others’ coins rally 30%, while I didn’t get in due to waiting for confirmation signals; taking profit and the market continues to surge—well, that’s fine. No more blaming myself for “selling too early.”

But over time, my account curve started to stabilize. From a few USDT daily, to consistently hitting three figures, being able to eat meat during big rallies, and staying calm during sideways periods.

Perpetual trading is not about who’s braver; it’s about rules and mindset.

If you’re lost in your current losses, don’t rush to recover. First, learn how to survive. Build your own trading logic and wait for the market to feed you profits—what you want will come with time.