In the crypto world, I have seen too many investors harboring the illusion of "quickly recovering" their losses, only to end up losing all their principal. This is not because the market is particularly bad, but because many people have taken the wrong path from the very beginning. Today, I want to honestly share some painful truths with you.

I have also struggled on the brink of liquidation before, and only later did I realize a principle: turning things around in the crypto space relies never on luck, but on awareness of rules and self-discipline.

**Don’t Let Intuition Dictate Your Decisions**

The biggest killer in the crypto world is not the market itself, but your unreliable instincts. No matter who is bragging or calling trades, the performance of candlesticks and trading volume will always be the most honest indicators. Truly smart traders only listen to price movements and never let opinions sway them easily. Only then can they avoid being harvested like leeks.

**Technical Fundamentals Are Your Defense**

Many newcomers complain about losing money but can’t even understand basic tools like MACD, KDJ, or moving averages. You don’t need to master technical analysis, but you must understand their logic. These indicators are like weapons in your trading arsenal—going into the market without them is equivalent to self-sabotage.

**Emotions Are the Real Enemy**

Getting cocky when making money, becoming impatient when losing—these are common pitfalls for retail traders. Chasing highs and selling lows, over-leveraging, panicking and cutting positions—these self-destructive actions are fundamentally driven by emotions. The traders who last the longest in the crypto space are not the smartest, but the most calm and composed.

**Three Bottom Lines, Never Break Any**

First, always set a stop-loss for every trade. This isn’t because you’re afraid of losing money, but to prevent a single bad decision from wiping out all your chips. Second, always stick to a fixed position size, completely reject a gambler’s mentality, and leave room for mistakes. Third, once you set a stop-loss, execute it decisively and never waver. Changing it once will lead to more adjustments, and eventually, total loss of control.

**Learn from Those Who Have Been Through It**

Engage more with people who have experienced bull and bear cycles and paid their tuition fees. Spend less time with those who claim to make you rich after just two trades. Daily review is a mandatory course: How did I lose today? What caused it? How can I avoid the same trap next time? Only through continuous review can you prevent repeating the same mistakes.

**There Are No Shortcuts, But There Is a Correct Path**

This is the most important message I want to convey: there are no shortcuts in the crypto world, but there is definitely a right way. If your direction is correct, recovery is just a matter of time; if you go the wrong way, no matter how hard you try, it’s all in vain.

Stay calm, don’t rush—just survive first. In the trading market, only those who survive have the right to talk about turning things around and making real profits. Those who get liquidated and exit the game, no matter what they say, will only become someone else’s story.