Knowing when to exit in time is the greatest protection for your funds. This is the most heartbreaking truth in this market, bar none.

When the market is rising, we always want to wait a little longer, imagining we can earn a bit more. When the market is falling, we still fantasize about a rebound, only to be repeatedly slapped in the face. Except in extreme market conditions, most losses fundamentally come down to a few things: willing to accept small losses rather than holding on stubbornly; properly allocating positions; psychological resilience is more important than technical skills; identify the trend before taking action; and exit immediately when risk signals appear.

Each of these requires time to accumulate, practice, and truly understand. The threshold for crypto trading is low or high depending on perspective — those days of frequent liquidations, staying awake all night, and heart rates soaring to the ceiling are actually tuition fees. Only after multiple failures can you gradually adjust your mindset and find a rhythm that suits you.

Market fluctuations are an objective reality, but how you respond determines the ceiling of your gains. Continue to hone your risk control skills and constantly optimize your trading approach; this road is still long. Cherish each step along the way.