I have a question I must ask you: In the crypto market, are you also like this — getting nervous and running away after making a little profit, but stubbornly holding on after losing a lot of money, and in the end watching your account turn into a string of zeros, saying "there's something fishy in the market" before leaving in despair?

Having been in this circle for 8 years, I have witnessed too many people go from "celebrating small profits" to "clearing out their funds." Today, I will take the plunge and share a heart-wrenching truth with you: traders who make money are actually always losing money — they just can afford to lose. The real differentiator has never been who has a more accurate judgment of the market, but rather who can nail down the risks firmly from the very beginning.

Let me first mention a phenomenon that is both amusing and infuriating. Many newcomers treat trading like gambling, spending every day in various communities asking "Will this coin go up?", as if just guessing right once will lead to soaring success. I remember one follower in particular who, by luck, caught a wave of market movement and made a 30% profit, immediately putting all his savings into it. As a result, when a correction hit, he not only lost all his profits but also directly lost 60% of his principal. When he came to me, his eyes were red, and I felt for him.

Here’s a strong medicine for you – this is the most hardcore logic of trading: the core is not about "how much you earn", but about "how much you can keep". Trading without risk management is like running barefoot on broken glass. No matter how fast you run, it’s useless; stepping on a sharp shard just once can wipe out all your earnings from the past year or even several years.

So I have always emphasized the same thing to the people around me who are trading: you must first survive, and then consider making money. This does not rely on luck, but on a real risk management system.