The Crypto Assets market is often seen as a shortcut to quick wealth, but after experiencing the ups and downs over ten years, I have deeply realized that every lesson in this field comes at the cost of blood and tears.

During the bull market in 2017, I once achieved a paper profit of millions based on market trends, believing that I had grasped the pulse of the market. However, just a few months later, reality struck me hard — not only had all profits evaporated, but after borrowing to make up for losses, the total loss soared to over 2 million.

During that period, family conflicts were constant, and I found it difficult to sleep as I stared at the price curve all night, even entertaining the thought of exiting the market. Ultimately, I gritted my teeth and, through continuous review and summarization, gradually found my way to turn things around. Here are the four core experiences I summarized:

First, value the review process. After each trade, be sure to record the reasons for entry, whether a stop-loss was set, and any issues that arose. For example, I once lost 200,000 due to blindly chasing a rise, and immediately wrote "prohibit illogical chasing of rises, entry must set stop-loss" in my notes. Regularly organize these lessons to form a personal "pitfall avoidance checklist," which can effectively help avoid most repeated mistakes.

Secondly, adopt a "33 system" for capital management. Divide the principal into three parts: one part for short-term trading (no more than 10% for a single asset), one part for medium to long-term holdings (no more than 20% for a single asset), and the remaining as reserve capital. During the bear market of 2018, I was able to protect the principal by timely cutting losses on short-term positions and used the reserve capital to supplement the medium to long-term positions, thus seizing subsequent rebound opportunities.

Third, strictly implement the stop-loss strategy. I set a hard rule for myself: short-term losses exceeding 3% must be closed, and for mid to long-term positions, I can only tolerate a maximum loss of 8%. Once this limit is reached, I sell immediately, never holding out for a "break-even". There was once a time when I sold without hesitation as soon as the coin price hit the stop-loss line, and afterward, that coin dropped another 40%. In hindsight, if I had stubbornly continued to hold, the losses would have been even more severe.

Finally, maintaining a good mindset is crucial. If you experience losses for two consecutive days or lose sleep due to market fluctuations, you should temporarily close the trading software, spend time with family or engage in exercise. I once forced myself to trade when I was feeling low, resulting in three consecutive losses and an additional loss of 150,000. This made me realize that when the mindset is unstable, even the correct strategy is difficult to execute properly.

By practicing these four experiences, I gradually let go of the fantasy of getting rich overnight and focused on a stable trading strategy. Nowadays, earning ten thousand yuan a day has become my norm.

The Crypto Assets market is never short of opportunities, but what is truly scarce is the attitude of maintaining a sense of awe towards the market and having practical trading methods. Every participant needs to face a choice: should they continue to be a "leek" harvested by the market, or should they become the one who ultimately laughs last?

The answer depends on whether you are willing to abandon blind actions and diligently learn and apply the correct methods. In this market filled with opportunities and risks, only by continuously learning and growing can you truly seize the opportunities for wealth.