To be honest, though it’s embarrassing to admit, my worst loss in the crypto space was turning 600,000 principal into dust.
Back then, I could barely keep going. During the day, I’d stare at the charts with a blank mind; at night, my heart would race so fast it scared me, feeling like a stone was pressing on my chest. I didn’t dare post in my friend circle, put off replying to WeChat messages as long as possible, and could only brush off questions from my family. At my lowest, even opening my wallet app took a few deep breaths—I was terrified of seeing that number.
The turning point came out of nowhere. One day, scrolling through some posts, I saw this line: “Losing money is just the beginning—clinging on stubbornly is the real end.” It hit me like a bat to the head. I suddenly woke up.
I checked my account balance: 3,500 USDT. That was all I had left. But this time, instead of rushing in to make it all back at once, I sat down and seriously reviewed what happened: How did I lose that 600,000?
The answer hurt—it wasn’t the market cutting me down, I did it to myself. Chasing pumps, refusing to cut losses and holding on, jumping into today’s hot trend and tomorrow’s new meme coin, always all-in. That wasn’t trading—it was gambling with my life.
Once I figured this out, I set myself a set of “dumb rules”:
Split the 3,500 USDT in two—half for defense, half for offense. Only trade what I understand; if I don’t get it, I stay on the sidelines. Take profits at 5%-10% per trade, no greed, no fighting the market. Always set a stop loss—if I’m wrong, admit it immediately, no wishful thinking.
First week, my account grew to 5,200 USDT. Second week, broke 10k. Sixth week, over 50k.
That night, when I shut down my computer, I didn’t jump for joy. Instead, I sat there for a long time. Not because of the money, but because I finally confirmed one thing: I really could climb back up on my own.
Looking back, the core reason most people lose money is just one thing—chaos. Jumping in without understanding the market, refusing to admit losses and holding on, letting emotions run wild and constantly switching positions.
But crypto isn’t as mysterious as people think. Small accounts can grow too—the key is to stay steady. Don’t go all-in on a gamble, don’t chase the hottest trend, keep your own pace, and only take trades you’re confident about.
I don’t have any magic moves or insider info. I just really studied mainstream coins like BTC, ETH, and SOL, figured out my take-profit and stop-loss before every trade, then stuck to it strictly. Take it slow, don’t rush—surviving is more important than anything.
If you’re struggling alone, maybe try this “dumb method”—it’s slow, but at least you’ll sleep better at night.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
7
Repost
Share
Comment
0/400
SmartContractRebel
· 35m ago
This is the truth of the crypto world—knowing how to cut your losses can save your life.
Making reckless moves yourself hurts more than getting dumped on by others. You have to admit it.
Going all-in to recover losses is a dead end—I learned this the hard way too.
With a small amount of capital, play it safe and steady—you really can turn things around.
It's not about how much you make, it's about making sure you're still in the game.
Take your 5% profit and get out. It may sound slow, but that's how you survive the longest.
View OriginalReply0
MentalWealthHarvester
· 17h ago
Really, that hit me a bit. The part about losing 600,000 until there was nothing left—I’ve been through exactly that.
But to be honest, turning $3,500 into over $50,000, that’s a really steady pace. Still, I want to ask: during this process, did you ever encounter a reversal that wiped you out and brought you back to square one? It just sounds a bit too smooth.
I agree with the phrase “surviving is more important than anything,” but to be honest, most people simply can’t stick to these “dumb rules,” because human nature is just that greedy.
View OriginalReply0
LiquidationAlert
· 17h ago
The jump from 600,000 to 3,500 is really something, but I don't really trust the rebound that followed.
---
Yet another "I reviewed my trades and succeeded" story—just listen and move on.
---
Cutting losses and taking profits sounds simple, but how many can actually do it when they're truly stuck?
---
The core issue is still having capital. Turning 3,500 USDT into 50,000 is a completely different experience from losing 600,000 down to scraps.
---
This story illustrates one thing—surviving is indeed more important than making money, but the precondition is you need the capital to survive.
---
The “dumb” method doesn’t sound wrong, but I bet this guy will have to pay tuition again next cycle.
---
Saying you’ll take profits at 5%-10% sounds nice, but in reality, 99% of people get greedy, especially when the market starts moving.
---
Honestly, I was shocked by the figure 600,000. I couldn't even imagine losing that much.
---
Researched mainstream coins thoroughly? My friend, you have no idea how black a black swan can be.
View OriginalReply0
TokenDustCollector
· 17h ago
Losing 600,000 is really brutal, but this rebound approach looks solid.
Turning 3,500U into over 50,000... this pace is impressive.
Stop-loss is indeed the Achilles’ heel for most people; just knowing about it isn’t enough.
View OriginalReply0
MoonRocketTeam
· 17h ago
Burning 600,000 down to 3,500U and then flipping it back up to over 50,000—this trajectory really is a roller coaster. But the most heartbreaking part isn’t the numbers, it’s that phrase “betting your life with your money,” it’s just too real.
---
To put it bluntly, it’s a mindset issue. Writing “cut your losses” on paper is easy, but when you’re actually losing money, it becomes a massive challenge.
---
Splitting your position into half defensive, half offensive is actually a pretty solid strategy, but there are very few people who can stick to taking profits at 5%-10%.
---
The story is well told, but I just want to ask: with the market being so volatile right now, can this “dumb method” still keep you alive?
---
What struck me most was actually the line “surviving is more important than anything else.” In crypto, nine out of ten die—if you can survive and earn again, you’ve already won.
---
I’m floored—someone actually managed to flip 3,500U up to 50,000? That must take insane mental toughness.
---
If you really dig deep into BTC, ETH, and SOL, that’s honestly enough. Don’t mess around with those altcoin gimmicks—just this point alone is something many people can’t grasp.
---
That last line about “letting you sleep at night” is actually what I want most. Losing money is one thing, but losing sleep over it is just a bad trade.
View OriginalReply0
BugBountyHunter
· 17h ago
Losing 600,000 and still being able to bounce back, that mindset is truly incredible.
No one can reach the top in one step. Staying alive is more important than anything else—those are some harsh but true words.
Seeing how calmly you talk about it now, it feels like you’ve really come to terms with it.
Taking profits at 5%-10% sounds easy, but it’s insanely hard to actually do.
Talking about stop-losses sounds easy, but when you’re really stuck, who can actually bear to cut their losses?
View OriginalReply0
SchrodingerAirdrop
· 17h ago
600,000 is gone and still able to bounce back, I really didn’t expect it. That mindset must be so strong.
If I hadn’t seen that sentence, I’d still be stubbornly holding on.
Stop-loss really is life-saving, I should have listened to advice earlier.
To be honest, though it’s embarrassing to admit, my worst loss in the crypto space was turning 600,000 principal into dust.
Back then, I could barely keep going. During the day, I’d stare at the charts with a blank mind; at night, my heart would race so fast it scared me, feeling like a stone was pressing on my chest. I didn’t dare post in my friend circle, put off replying to WeChat messages as long as possible, and could only brush off questions from my family. At my lowest, even opening my wallet app took a few deep breaths—I was terrified of seeing that number.
The turning point came out of nowhere. One day, scrolling through some posts, I saw this line: “Losing money is just the beginning—clinging on stubbornly is the real end.” It hit me like a bat to the head. I suddenly woke up.
I checked my account balance: 3,500 USDT. That was all I had left. But this time, instead of rushing in to make it all back at once, I sat down and seriously reviewed what happened: How did I lose that 600,000?
The answer hurt—it wasn’t the market cutting me down, I did it to myself. Chasing pumps, refusing to cut losses and holding on, jumping into today’s hot trend and tomorrow’s new meme coin, always all-in. That wasn’t trading—it was gambling with my life.
Once I figured this out, I set myself a set of “dumb rules”:
Split the 3,500 USDT in two—half for defense, half for offense. Only trade what I understand; if I don’t get it, I stay on the sidelines. Take profits at 5%-10% per trade, no greed, no fighting the market. Always set a stop loss—if I’m wrong, admit it immediately, no wishful thinking.
First week, my account grew to 5,200 USDT. Second week, broke 10k. Sixth week, over 50k.
That night, when I shut down my computer, I didn’t jump for joy. Instead, I sat there for a long time. Not because of the money, but because I finally confirmed one thing: I really could climb back up on my own.
Looking back, the core reason most people lose money is just one thing—chaos. Jumping in without understanding the market, refusing to admit losses and holding on, letting emotions run wild and constantly switching positions.
But crypto isn’t as mysterious as people think. Small accounts can grow too—the key is to stay steady. Don’t go all-in on a gamble, don’t chase the hottest trend, keep your own pace, and only take trades you’re confident about.
I don’t have any magic moves or insider info. I just really studied mainstream coins like BTC, ETH, and SOL, figured out my take-profit and stop-loss before every trade, then stuck to it strictly. Take it slow, don’t rush—surviving is more important than anything.
If you’re struggling alone, maybe try this “dumb method”—it’s slow, but at least you’ll sleep better at night.