Seeing a 60% or 80% decline and thinking of giving up? That shows you still don't understand the crypto world well enough. Anyone who has truly experienced multiple bull and bear cycles knows—this kind of retracement is nothing but a desperate situation.
The market goes up and down, but opportunities are always there. Whether it's a cold bear or a hot bull, mainstream coins are always telling their structural stories, and those severely undervalued assets are gradually finding their place. Losing money is okay; time can level everything out. If your mindset collapses, that's the real defeat.
I've seen too many people who can withstand the first wave of retracement, but those who truly send themselves into a deep hole are the ones who say: "I want to recover my losses all at once."
This idea sounds fine, but in reality? Once your account turns green, people start to panic. After panic sets in, leverage comes into play. Positions that could have been slowly repaired are immediately driven into a bottomless pit by this sudden acceleration. They shout about getting back to break-even, but in their hands, they’re betting their last capital on a gamble.
The most heartbreaking part of the crypto world is this: it gives you enough time to recover slowly, but it won't hold your emotions for you. You can go at a snail’s pace, survive by being cautious, or even do nothing at all—none of these are a problem. But there is one thing you absolutely must not do—continue to "hard fight" the market after a loss.
What do true experts and those who end up making money have in common? When losses reach a certain threshold, they decisively hit the brakes. It’s not about giving up; it’s about stopping the bleeding. Someone who knows how to conserve strength at critical moments is often the ultimate winner.
View Original
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.
5 Likes
Reward
5
6
Repost
Share
Comment
0/400
GasFeeBeggar
· 12-27 19:53
That's right, some people just can't change their temper and have to risk everything, even their last penny.
View OriginalReply0
FlashLoanLarry
· 12-27 19:53
That's right, leverage is really an accelerator—accelerating your profits but also speeding up your downfall.
---
The idea of recovering losses is the gentlest knife in the crypto world.
---
An 80% drop isn't a big deal; the key is not to let emotions take over your fingers.
---
Stopping the bleeding isn't about chickening out; this phrase must be engraved in your mind.
---
I've seen too many people start gambling with their accounts turning red, and then there's no coming back.
---
Recovering slowly vs. going all in—these two paths are not just about probability.
---
Living at a turtle's pace is much better than disappearing after one all-in move.
---
Real experts hit the brakes at critical moments—not out of fear, but to stay alive and wait for the next wave.
View OriginalReply0
unrekt.eth
· 12-27 19:53
You're absolutely right. If you can't get past the mental hurdle, everything else is pointless.
View OriginalReply0
GovernancePretender
· 12-27 19:42
You're right, the key is to withstand the mental breakdown at that moment; otherwise, once leverage is activated, it's game over.
View OriginalReply0
MysteriousZhang
· 12-27 19:38
It's the same old theory, sounds nice, but only when you're truly in debt do you realize what despair really is.
Seeing a 60% or 80% decline and thinking of giving up? That shows you still don't understand the crypto world well enough. Anyone who has truly experienced multiple bull and bear cycles knows—this kind of retracement is nothing but a desperate situation.
The market goes up and down, but opportunities are always there. Whether it's a cold bear or a hot bull, mainstream coins are always telling their structural stories, and those severely undervalued assets are gradually finding their place. Losing money is okay; time can level everything out. If your mindset collapses, that's the real defeat.
I've seen too many people who can withstand the first wave of retracement, but those who truly send themselves into a deep hole are the ones who say: "I want to recover my losses all at once."
This idea sounds fine, but in reality? Once your account turns green, people start to panic. After panic sets in, leverage comes into play. Positions that could have been slowly repaired are immediately driven into a bottomless pit by this sudden acceleration. They shout about getting back to break-even, but in their hands, they’re betting their last capital on a gamble.
The most heartbreaking part of the crypto world is this: it gives you enough time to recover slowly, but it won't hold your emotions for you. You can go at a snail’s pace, survive by being cautious, or even do nothing at all—none of these are a problem. But there is one thing you absolutely must not do—continue to "hard fight" the market after a loss.
What do true experts and those who end up making money have in common? When losses reach a certain threshold, they decisively hit the brakes. It’s not about giving up; it’s about stopping the bleeding. Someone who knows how to conserve strength at critical moments is often the ultimate winner.