I remember around this time last year, my account evaporated 800,000 yuan, and I was completely stunned. I smashed my phone, uninstalled trading apps, and even considered simply disappearing from this market. But that lingering sense of dissatisfaction kept pushing me: just give up like that?

By the beginning of this year, my account was down to only 5,400 USD. I set a strict rule for myself: either completely give up or restart with the most straightforward approach. And what happened? I turned 5,400 USD into 150,000, not only recovering the losses but also earning over 20,000 more.

This story isn’t about sudden wealth; frankly, it’s a blood-and-tears story about self-discipline, cognitive upgrade, and battling oneself.

**1. Position management is the prerequisite for survival**

I used to love all-in betting. Every time I saw an opportunity, I thought I had to bet everything to be considered participating. As a result, even a slight opposite market movement would wipe me out.

Now, I have one ironclad rule: the maximum single position is 40%, with the remaining 60% always kept as cash on hand for backup. I learned this method from an old veteran in the crypto circle—he survived three bull and bear cycles using the "343 Partial Positioning Method." The logic is simple: invest 30% first to test the waters, then add to positions in stages with 40%, and finally, when the trend is clear, go all-in with the remaining 30%.

The idea is straightforward: opportunities in the market are continuous, but once the principal is gone, it’s really gone. Going all-in is a gambler’s behavior; staggered entries are the true mindset of a player.

**2. Follow the trend, don’t believe in bottom-fishing myths**

I used to be a "bottom-fishing harvesting machine." Every dip, I’d get excited and think a rebound was imminent, only to get caught repeatedly.

Later, I truly understood: the market doesn’t care about your cost basis. It doesn’t matter how low it dips; what matters is whether the direction is correct. Now, I only do one thing—follow the rhythm of the trend, don’t gamble on when it will bottom out. It’s so simple it’s almost unbelievable, yet it’s incredibly effective.

**3. Record, review, and restart**

I write down every trade in a notebook. Which ones made money and why, which ones lost and how—clarifying each step. This process is tedious, but it’s this persistent tediousness that gradually turns my feelings into a method.

The crypto market always tests human nature. Not everyone is suited to make money here, but those who choose to stay—use discipline to upgrade cognition, and use cognition to gain returns—this path is always open.