Having been in the crypto trading market for a month, my account has lost 8,000 yuan directly. It’s a bit painful to say, but this "tuition fee" has helped me understand the underlying logic of trading.
Now I only watch three things: Bitcoin, Ethereum, and SOL. I won’t touch anything else, no matter how tempting. The reason is simple—volatility is too outrageous, and I simply can’t control it.
My experience over the past month has taught me a few hard truths. First, position management is life-saving. Frequently opening trades recklessly is like digging your own grave. Second, take profit and stop loss are not options—they are mandatory lessons. Thinking you can hold through the ups and downs will only result in forced liquidation. Third, only trade coins you are familiar with, the ones everyone is trading.
Altcoins are basically like爆仓币 (margin call coins) for beginners. No matter how many times you win, a single loss can wipe you out—that’s a high-probability event. Once your mentality collapses or you get emotional, your hands start to move recklessly, opening trades randomly, and in the end, it’s almost total annihilation.
A piece of advice for fellow newcomers to this field: don’t touch altcoins. Really, this is not just a warning, but a bloody lesson. 8,000 yuan as tuition—next time I’ll be much more cautious when entering the market.
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NotAFinancialAdvice
· 12h ago
8000 yuan for tuition is still considered cheap. I've seen someone lose 80,000 in a month, and now they are constantly advising others in the group not to play with fake coins.
The biggest fear isn't losing money, but losing money and still continuing to play recklessly—that's true disaster.
Stop-loss and take-profit are correct strategies, but actually implementing them is really difficult, especially when you see the coins still rising.
Mastering BTC, ETH, and SOL is indeed stronger than anything else; it's much more reliable than those meme coins that change names three times a day.
Position management sounds easy but is extremely hard to do; a mental breakdown and everything is over.
If your mindset collapses, don't look at the market anymore—that's the truth.
Mountain High High Mountain Down, it's just that simple to cut the leeks back and forth.
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BearMarketMonk
· 17h ago
8,000 yuan in tuition fees, to put it simply, is just buying an entry ticket. The question is—can we really be confident about entering again next time?
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ImpermanentPhilosopher
· 17h ago
8000 yuan tuition fee is indeed not cheap, but it's much better than going all-in on altcoins and getting liquidated.
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SpeakWithHatOn
· 18h ago
Spending 8000 yuan on tuition is not a waste, the key is that I truly gained insight. I used to play around with various scam coins recklessly, and as a result, I was liquidated once and lost everything. Now I stick strictly to BTC and ETH, and my mindset has become much more stable.
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Regarding position management, what you said is correct. I now control each trade strictly, unlike before when I was reckless. Stop-loss is simple to say but hard to do; it's easy to become soft-hearted when you loosen your grip, and that's the most vulnerable point to make mistakes.
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Honestly, scam coins are really a slaughterhouse for beginners. I've seen too many people make a small profit and then start to gamble, only to end up losing everything on some worthless coin.
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That's why I only stick to mainstream coins now. Although their volatility is also high, at least there's some order. With scam coins, a single piece of news can cause a crash, and it's hard to guard against.
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Spending 8000 yuan to find a reason not to get emotional is worth it. The trade is worth it. The key is whether I can truly keep my composure next time—that's the real challenge.
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The most intense time I was liquidated on over 10,000 yuan, and that's when I truly understood what it means to be harvested. Looking at your article now, I feel like I'm looking at my past self.
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Honestly, most beginners' problems are not about strategy; it's just that their hands start to shake when their mindset collapses. If you can admit this, you've already won half the battle.
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BrokenRugs
· 18h ago
Paying 8,000 yuan in tuition is not a loss; the key is that I truly understood. I once lost everything on altcoins, but now I only play mainstream coins, and my sleep quality has directly improved.
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CodeSmellHunter
· 18h ago
Paying 8000 yuan in tuition isn't a waste, but the key is whether it can really be improved afterward. Haha
Having been in the crypto trading market for a month, my account has lost 8,000 yuan directly. It’s a bit painful to say, but this "tuition fee" has helped me understand the underlying logic of trading.
Now I only watch three things: Bitcoin, Ethereum, and SOL. I won’t touch anything else, no matter how tempting. The reason is simple—volatility is too outrageous, and I simply can’t control it.
My experience over the past month has taught me a few hard truths. First, position management is life-saving. Frequently opening trades recklessly is like digging your own grave. Second, take profit and stop loss are not options—they are mandatory lessons. Thinking you can hold through the ups and downs will only result in forced liquidation. Third, only trade coins you are familiar with, the ones everyone is trading.
Altcoins are basically like爆仓币 (margin call coins) for beginners. No matter how many times you win, a single loss can wipe you out—that’s a high-probability event. Once your mentality collapses or you get emotional, your hands start to move recklessly, opening trades randomly, and in the end, it’s almost total annihilation.
A piece of advice for fellow newcomers to this field: don’t touch altcoins. Really, this is not just a warning, but a bloody lesson. 8,000 yuan as tuition—next time I’ll be much more cautious when entering the market.