That night at the bar, a boy sat next to us. During the chat, he overheard us discussing the market and suddenly came over. He opened his phone gallery and pulled out a screenshot—an explosion record from two years ago, with the balance column clearly showing 0.00 USDT.
"Sis, this is my biggest regret." His voice was a bit hoarse. "I haven't touched it since then, but I never deleted this picture. I want to know... is there still a chance to turn things around?"
I handed him a glass of wine and said three serious words.
**First: The crypto market is not a get-rich-quick machine, but a high-risk market**
The most fatal mistake is treating it as a shortcut to wealth. When the market rises quickly, it falls even faster—you're earning from cyclical opportunities, not an always-upward dream. The first lesson for beginners is not "when to buy," but learning to say no:
❌ Full position all-in is a suicidal move ❌ Betting all chips on one judgment
Leave room for flexibility; only then can you maintain the initiative amid volatility. This is not conservatism; it’s the foundation for surviving long enough.
**Second: Only understand what you see, don’t be fooled by stories**
Most newbie traps look like this: 100x coins, friend recommendations, people shouting wildly in groups. But the harsh truth is—if you don’t understand it, don’t touch it. That’s the best risk control. Mainstream coins may not be exciting enough, but they are resilient in a bear market, with smaller declines. Stable growth is more suitable for beginners to survive than chasing excitement.
**Third: Losing money is never the market’s fault**
Looking through the bills, it’s clear that most failures come from their own actions:
• Chasing high after a small rise—greed mentality • Panic selling after a drop—fear mentality • Using leverage just because someone in the group calls it—herd mentality
The only skills worth practicing are three: follow the trend instead of predicting the bottom, replace all-in with dollar-cost averaging, and manage your mindset (mindset is a hundred times more important than technique). Many people don’t lose because of speed, but because they stumble blindly in the dark.
After listening, the boy nodded. Opportunities in the market are always there, but the premise is that you are still alive in the game.
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GasFeeCry
· 15h ago
Really, the moment I saw 0.00, I understood. More painful than losing money itself is that sense of helplessness... But sis, these three sentences hit home, especially the last one — Only by staying in the game do you have the capital to turn things around; dying while chasing the high gets you nothing.
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MintMaster
· 15h ago
The picture of 0.00 USDT is a treasure; it's more valuable than anything else.
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MerkleTreeHugger
· 15h ago
Really, the moment it hits 0.00 is probably the clearest, and actually more aware than when making money.
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HappyToBeDumped
· 15h ago
After hearing this story, I always feel that many people are like this—after a margin call, they still think about turning things around, not realizing that they haven't really understood why they got liquidated in the first place.
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ForkMaster
· 15h ago
I understand the screenshot of the liquidation. That's how I lost the milk powder money for my three kids... Later, I learned about arbitrage through forks to recover.
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PancakeFlippa
· 15h ago
Damn, this guy still hasn't deleted that screenshot after two years. That must be painful... But on the other hand, mindset is indeed the Achilles' heel for most people.
That night at the bar, a boy sat next to us. During the chat, he overheard us discussing the market and suddenly came over. He opened his phone gallery and pulled out a screenshot—an explosion record from two years ago, with the balance column clearly showing 0.00 USDT.
"Sis, this is my biggest regret." His voice was a bit hoarse. "I haven't touched it since then, but I never deleted this picture. I want to know... is there still a chance to turn things around?"
I handed him a glass of wine and said three serious words.
**First: The crypto market is not a get-rich-quick machine, but a high-risk market**
The most fatal mistake is treating it as a shortcut to wealth. When the market rises quickly, it falls even faster—you're earning from cyclical opportunities, not an always-upward dream. The first lesson for beginners is not "when to buy," but learning to say no:
❌ Full position all-in is a suicidal move
❌ Betting all chips on one judgment
Leave room for flexibility; only then can you maintain the initiative amid volatility. This is not conservatism; it’s the foundation for surviving long enough.
**Second: Only understand what you see, don’t be fooled by stories**
Most newbie traps look like this: 100x coins, friend recommendations, people shouting wildly in groups. But the harsh truth is—if you don’t understand it, don’t touch it. That’s the best risk control. Mainstream coins may not be exciting enough, but they are resilient in a bear market, with smaller declines. Stable growth is more suitable for beginners to survive than chasing excitement.
**Third: Losing money is never the market’s fault**
Looking through the bills, it’s clear that most failures come from their own actions:
• Chasing high after a small rise—greed mentality
• Panic selling after a drop—fear mentality
• Using leverage just because someone in the group calls it—herd mentality
The only skills worth practicing are three: follow the trend instead of predicting the bottom, replace all-in with dollar-cost averaging, and manage your mindset (mindset is a hundred times more important than technique). Many people don’t lose because of speed, but because they stumble blindly in the dark.
After listening, the boy nodded. Opportunities in the market are always there, but the premise is that you are still alive in the game.