Last year, I suffered a huge loss in the crypto market, losing a total of 1 million in one go. That period was truly a living hell. I smashed my phone, uninstalled apps, and locked myself in my room for two months. At that time, I felt like there was no way out.



But I refused to give up. Later, I summarized three ways to turn things around:

**The first is position discipline.** Never fall into the trap of full leverage. Now I only allocate a maximum of 40% of my capital per trade, with the remaining 60% as a safety net. If the price drops 15%, I cut my losses. This way, no matter how much I lose, I won't be wiped out. It sounds simple, but actually doing it is much harder—those who can't accept closing their positions often end up with disastrous results.

**The second is following the trend.** Don't expect to guess the top or bottom—that's gambling. When the market rises, go long; when it falls, go short. Once the direction is correct, everything else depends on time. I used to stubbornly fight against the trend in my early years, and the cost was extremely high.

**The third is learning to take profits.** Don't be greedy after making money. My approach is to take 30% of the profits and roll over the position, while immediately withdrawing the rest. This way, I can protect my principal and participate in the next wave of the market.

Now, there are new opportunities in the market. To truly turn things around, don’t just watch others make money—you need to toughen up yourself. I’ve helped some friends, turning a few thousand into over 50,000 in just ten days, and also pulled back many who were close to liquidation. Honestly, what many people lack isn’t some divine technical skill, but the ability to strictly follow discipline and maintain a reliable mindset. Stick to these principles, and even with small capital, you can have big opportunities.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
FOMOrektGuyvip
· 10h ago
Losing a million and ending up like this, I really held on, but to be honest, the full position strategy has long been outdated. I've seen too many people still dreaming. Cutting losses, cutting losses, cutting losses—these three words saved my wallet. Those who couldn't accept it are gone. Many people simply can't withdraw cash; they just want to keep rolling, but in the end, they got trapped. Listening to friends' comeback stories sounds great, but this really depends on self-discipline. Without discipline, even the best strategies are useless. You don't need to guess the top or bottom of a trend; just follow the trend. Previously, resisting the trend almost killed me.
View OriginalReply0
JustHereForAirdropsvip
· 10h ago
Really, I've also fallen into the trap of full positions before. Now I'm just worried about seeing people still going all in. I support the 40% position ratio; it needs to be implemented reliably. Most people are still greedy. But to be honest, going from a few thousand to 50,000 in just ten days... I've heard that story quite a few times.
View OriginalReply0
SigmaBrainvip
· 10h ago
To be honest, this set of theories all sound correct, but it's already good if one out of ten people can really stick with it. The friends around me who got liquidated—aren't they all taken out by greed?
View OriginalReply0
DefiVeteranvip
· 10h ago
Losing 1 million and still being able to bounce back, this mentality is indeed tough. But to be honest, those who are fully invested are all gambling mentality; I’ve changed that long ago. The hardest part of cutting losses is that moment when your mindset collapses, making it easy to hold onto losing positions, and then it’s all gone. I agree with following the trend; going against the trend has caused the biggest losses over the years. Withdrawing at the right step is very crucial. Many people make money and then put it all back in, ending up with nothing. I’ve seen too many cases like this. It sounds like I’m pushing something, but indeed some people just lack this kind of self-discipline. Having 1 million to start over is also a skill; most people have already quit the scene altogether. Securing profits is the hardest to execute; greed really is poison. Sticking to discipline sounds easy, but in practice, it’s hell. I admit I often break it myself.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)