Controlling profit drawdown is actually a very important part of earning ability

In 2021 and 2022, my account experienced several losses of more than 90%

First, the leverage from $100k to $20 was blown up and it was a death-level start

Then the more impressive impression was from $60k to $2k, from $40k to $7k, and there are many big and small ones that I can't remember clearly. Anyway, it was very painful every time. I personally think that using thousands of U to earn tens of thousands of U is the most exhausting stage

The lesson learned is that you must immediately exchange U for withdrawal after making money, and always only put the amount you can accept to zero in the market. Many people prefer risks with less capital, and they are actually very easy to be taken away by a wave

I made $700k in the middle of 2023, but by the end of the year, my total assets also lost 40%. At that time, I put about $300k in the market, which was less than half of my profit.

I actually considered it at that time. This is the amount of zero that I can accept, half of the profit, and I was still lucky at that time, thinking that so much money could not possibly go to zero

Then he really went to zero💩

The lesson learned is that the number that can be accepted to go to zero cannot actually rise with the tide. You can accept $50k going to zero with a $100k capital, but it does not mean that you can accept $500k going to zero when you earn $1m capital

And if you play purely on the chain, you don’t need a lot of capital, tens of thousands of U are enough

In March 24, Bome earned $7.5m and exchanged all of it for USDT. Until now, I have not made any major operations. I just took out the interest of these months to play around. $120k is back to zero, the drawdown is about 1.5% of the total assets

Every year there will be new lessons, every year there will be new growth, when the market is good, try to make money, when the market is bad, don't force it, just hold your hands and wait patiently for the wind to come😌#非农就业数据即将公布 #币安合约锦标赛 #以太坊ETF批准预期 #IntroToCopytrading #VanEck提交首个SolanaETF $ETH $BTC $BNB