2026-01-01 22:21:39

I have been a veteran in the crypto world. I entered the scene at 28, now 34, and the ups and downs I've experienced over these 7 years are enough to write a book. From being heavily in debt to having an account that broke eight figures, the process is full of tears— but it’s also through surviving these hardships that I’ve come to understand some hard truths. Today, I want to talk about how to climb out of this quagmire.

**Level One: Confront Your Inner Demons First**

I’ve seen too many veterans go crazy after losing their minds over losses. Dismantling one wall to patch another, borrowing money to add to positions, fantasizing about a reversal… the result is only sinking deeper. Honestly, the crypto market is a magnifying glass for human nature. Your greed, fear, and luck-driven psychology are all amplified infinitely.

The craziest I’ve been was watching the charts for 18 hours a day. No exaggeration—severely lacking sleep, chaotic eating habits, and an emotional rollercoaster every day. It wasn’t until later that I realized this was no different from gambling addiction: high-frequency trading, entirely emotion-driven, avoiding reality. The turning point was setting strict rules for myself: no more than 10% of my principal per week on trades, only checking the charts 3 times a day, and forcing myself to get life back on track. It sounds simple, but executing it is deadly— but that’s the process of quitting an addiction.

And then there’s debt. I listed all my debts in a spreadsheet: platforms, interest rates, deadlines— everything at a glance. Prioritized paying off high-interest loans over 30% annually, then honestly communicated with creditors. Some agreed to extensions, others were willing to reduce part of the interest. I learned a lesson here: face-saving is truly worthless compared to survival.

**Level Two: Make friends with the trend, don’t fight it**

The cruelest truth in the crypto world is: 90% of so-called “technical analysis” is less useful than understanding the larger cycle.

Bitcoin is the father of this market. Ethereum is the mother. The lifeblood of other altcoins is always in the hands of BTC— when it rises, altcoins have a chance to follow; when it crashes, no project can protect the market. The only occasional independent trend is ETH, but even that depends on the market’s mood.

BTC1,67%

ETH2,17%

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GasBandit

· 10h ago

18 hours of staring at the screen? Bro, you're not far from a heart attack, and it's more terrifying than losing money. --- The phrase "face is worthless" hit me hard. Indeed, too many people stubbornly hold on because of this. --- Basically, it's hard to change the gambling mentality. Switching to another coin to keep going, right? --- BTC is the daddy—this analogy is spot on haha. So we crypto enthusiasts are just the chopped leeks being harvested. --- Hard rules are worth learning, but how many can really stick to them? --- That debt list table trick isn't bad; at least you have a clear mind and aren't just panicking blindly. --- Wait, is breaking eight figures real or just bragging? --- Only checking the market three times a day sounds simple, but the itch to check constantly is torture. --- Over 30% high-interest loans—aren't you just committing suicide? --- "Reading ETH by its face" is so true. Following the big brother and eating the soup scraps. --- Seven years—being able to crawl out of the mud pit alive makes you a winner.

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GmGnSleeper

· 13h ago

I went through it all, but the most heartbreaking thing is still that line: "Face is worthless in the face of survival"… It’s a harsh statement, but it’s truly how it is.

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ChainProspector

· 13h ago

The part about debt struck a chord; sometimes I really can't get past it... I've also stayed glued to the screen for 18 hours, and later I realized I wasn't making any money, and my mindset just collapsed. The phrase "face is worthless" is spot on; so many people get themselves into trouble just because they care about their reputation. The analogy "BTC is the father, ETH is the mother" made me laugh out loud. So, is the altcoin the grandson? Going from debt to eight figures is something I wouldn't believe if I hadn't experienced it myself. The part about strict rules is correct, but actually implementing them requires incredible willpower.

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NFTPessimist

· 13h ago

This guy is right, but I still think the hardest part isn't quitting the addiction but overcoming the paranoia. Hard rules are easy to set, but actually enforcing them is a whole different story... I was a bit scared when I didn't sleep well and saw myself. The phrase "Bitcoin will always be the daddy" hits too close to home; so many people die in altcoins. Honestly, breaking eight figures isn't that useful; the times when I lost the most money are when I was the clearest. Mindset is all talk; the real key is whether you can be ruthless enough to cut losses. But this logic, it feels a bit familiar... I'm just worried it's another message broker.

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GasFeeBeggar

· 13h ago

I was directly overwhelmed during the 18-hour monitoring session; it was so true. Not going head-to-head with BTC is truly a painful lesson. I've seen that 99% of new investors get wiped out here. The debt list trick is brilliant; it's actually the first step to facing reality. And regarding what you mentioned—face is worthless—many people get stuck right there. From bankruptcy to eight figures, this process definitely deserves a thorough summary.

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ExpectationFarmer

· 14h ago

Oh wow, I really resonated with the 18-hour monitoring session... I almost wore myself out. The debt table trick is brilliant; you just have to be tougher on yourself. The analogy of BTC being the "dad" cracked me up haha. Actually, the hardest part is probably quitting that greed, knowing and doing are worlds apart. I need to learn to communicate honestly with creditors; really, face is not that important.

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