I met an older brother from Hunan who has been Cryptocurrency Trading for eight years, turning over a million into nothing.

Logically speaking, one should have become numb to such situations long ago—either simply lying flat or going all-in recklessly in hopes of a turnaround. But he chose the dumbest route: stubbornly sticking to risk control.

He set a few strict rules for himself:

The funds are divided into 10 parts, with a maximum of 15% moved in a single transaction.
Profit only rolls over earnings, the principal remains locked and unchanged;
Keep each loss within 3% of the principal; surviving is more important than becoming rich.
Only take action when the market comes, if there’s no opportunity, just hold cash and wait.

Nothing profound, just mechanical execution. Over the past six months, the market has provided several opportunities. While others are still reviewing the reasons for their liquidation, he silently filled that 1 million gap.

Finally, he said a phrase: "That's enough, I will take back my capital and stop, this circle is too risky, I won't play anymore."

To be honest, there aren't many people who can get to this point. Many people have been Cryptocurrency Trading for ten years and are still going in circles, while he completed in half a year what others couldn't accomplish.

What does it rely on for a turnaround in the coin circle? It's not luck, it's not insider information, it's position management + execution.

The root cause of liquidation has never been the market conditions, but rather your inability to control your hands. If you are still struggling in the cycle of loss-recover-liquidation, stop and think: is it a problem with the strategy, or is there simply no strategy at all?

Manage your position well, keep your stop-loss, and turning the situation around isn't actually that difficult.