Looking back on my 9 years in Crypto Assets trading, I can't help but feel a surge of emotions. At 34 years old, I remember how anxious I was when I first entered this circle in early 2014. Back then, the only 60,000 yuan I had for starting capital was borrowed, and every operation felt like walking on thin ice, fearing that a single mistake could lead to irreparable consequences.

Today, the account assets have exceeded 8 figures, yet the feelings are exceptionally complex. This is not a case of becoming wealthy overnight, nor is it due to luck, but rather a slow accumulation through countless falls and rises.

Over the years, I have tried various trading styles, from long-term to short-term, from ultra-short-term to intraday swing trading. Although I cannot claim to be a top expert, my understanding of the subject of 'loss' is probably deeper than that of most people.

In the past 9 years, I have witnessed too many people go from glory to ruin: some turned tens of thousands into tens of millions, only to see it all vanish in a bear market. This is not a technical issue, but rather their excessive confidence, habitually holding onto positions until they exhaust their luck and funds, ultimately being completely crushed by a major drawdown.

Some traders can turn the tide after 100 losses, but if they can't withstand just one, they may face the outcome of losing everything. Even more heartbreaking is that many people become impatient and impulsive once they incur losses, eager to recover their capital but end up making erroneous trades and losing everything.

I am not a saint and have also made mistakes in judgment. But I deeply understand one principle: the market will not change its direction due to individual will. If the judgment is wrong, timely loss-cutting is the wise choice, rather than stubbornly holding on.

In Crypto Assets trading, the key to success lies in three points: Can you maintain patience? Can you admit mistakes? Can you adhere to trading rules? Frankly speaking, many people do not lack trading skills, but rather cannot afford losses, are unwilling to admit mistakes, and are overly greedy. Stop using 'faith' as an excuse; the saying 'if you hold on, it will come back' is not faith, but the self-deceptive mentality of a gambler.

Now my assets have exceeded 10 million, but this is not worth bragging about. I just adhered to some simple principles to the extreme:

1. Timely acknowledge judgment errors
2. Always set a stop loss every time you open a position.
3. Stay calm and rational, decisively stop when emotions run high.

Many people think that making money relies on advanced technology, but the reality is: every time you violate trading discipline, you are digging your own grave.

Market opportunities still exist. As long as you can control your emotions and strictly adhere to the rules, even starting from 10,000 yuan, there is a chance for a comeback. The key is whether you are truly willing to follow these seemingly simple yet difficult to maintain principles.