Woken up by my phone vibrating in the early morning, the moment I opened my eyes I knew something was wrong—Bitcoin broke through 105,000, Ethereum broke the 3,600 support line, and the entire market data looked like it was splashed with red ink.

I stared blankly at the account numbers, and I lost 800,000 again. I've seen this scene many times; I've experienced seven such bloodbaths in ten years, and each time it hurts as much as the first.

I still remember that summer in 2017 clearly. I went all-in with 3 Bitcoins on a small coin, and within a week, it multiplied 120 times, causing my account to soar from 60,000 to 7.2 million. During that time, I felt on top of the world, telling everyone about the "myth of wealth creation in the crypto world." Looking back now, it was just the hallucinogenic effect of the bull market.

After so many years of falling, I've exchanged blood and tears for three lives: don't fill your positions, set stop-loss lines, and withdraw when necessary. Today, the group started flooding with phrases like "buying the dip opportunity" and "double the leverage," making me feel like I was back to when I was staring at the K-line chart with instant noodles in hand—young, impulsive, and willing to bet on anything.

The tricks of this market have never changed: first, make promises, then reap the rewards. Those who live long understand one principle - when others are crazy, you must stay calm, and when others are panicking, you need to stay steady.

The sky will darken, and the rain will fall, but the necessary preparations must be made. It is too difficult to fight alone in this circle; finding the right direction and the right people is more important than anything else.