Seven years ago, that daily ETH chart still gives me chills when I think about it now.

That night, ETH surged from 1800 all the way up to 2400. Without much thought, I went all-in with $3,000. The moment I pressed confirm, my palms were sweaty, and my eyes were glued to the screen, watching the price fluctuate. Over the next seven days, my account skyrocketed, with unrealized gains approaching $6,000. I quickly turned off the risk warning, with only one thought in my mind: wait for the $3,000 to break even, what's the rush?

I skipped a dinner with colleagues and kept watching the market. The first thing I did when I couldn't sleep in the middle of the night was check the prices. At that time, I truly felt like this money was already in my pocket.

Then the Federal Reserve signaled a rate hike. In no time, ETH plummeted from 2400 back down to 1900. Watching my unrealized gains evaporate, I comforted myself that mainstream coins would rebound sooner or later, but who knew my account would end up back to where it started. Sitting in the office, nibbling on leftover food, I finally understood what the cost of greed really is.

I've paid this "tuition" more than once. When NFT prices soared from 15,000 U to 32,000 U, I couldn't bear to sell, and later I had to cut losses and run; #比特币2026年行情展望 thought stop-loss was too troublesome during swing trading, so I manually turned it off, only to be caught and halved my position. It’s not that I didn’t understand, but I just couldn’t accept it.

After being repeatedly pressed to the ground by the market, I gradually learned three survival rules:

1. **Never go all-in for a battle**: Keep some $BTC in cold storage for long-term holding, only invest part of your funds in mainstream coins, and always leave enough cash for buffer.

2. **Only what you withdraw counts**: The numbers on the K-line are just paper wealth; the real money is the part already transferred into your bank card.

3. **Stop-loss is an insurance policy**: Exit when a single loss reaches 2%, and stop when monthly drawdowns exceed 5%. Learning to accept defeat can help you survive longer.

The crypto world is never short of wealth-creation myths, but what’s truly rare are those who can remain rational after experiencing heavy losses.