If you went bankrupt this round, don't panic, don't immerse yourself in pain just yet. Think about whether the problem lies with the market or with yourself. I dare say, 90% of the time it's due to your inability to control your desires and impulses, which is a common issue among most 'gamblers' in the crypto world. Understand correctly: it’s not trading that ruined you; it’s your gambler's mentality that led you down this path.

1. First ask yourself: are you really a trader, or just a gambler?

A trader is disciplined, has a plan, and is responsible for their actions; a gambler is emotional and bets everything on 'luck' during market ups and downs. Honestly, in the first few years I entered the crypto world, I was a gambler. I would increase my position without looking at the market, going all in on heavy bets; to put it bluntly, it was all gambling. I enjoyed the profits, but when I lost, I blamed the world, thinking the market was unreasonable. The truth is, it wasn't the market that was wrong; I deserved the loss.

2. Gambling addiction is the greatest poison in trading.

When you're addicted to gambling, you completely lose your rationality. You're incredibly greedy during market surges and stubbornly hold on during declines, always thinking about doubling your money again. But the market never goes easy on gamblers. In fact, it’s not that we can’t admit we have a gambling addiction; it’s that most people are too proud to change. Brother, if you don't change this habit, no matter how much you earn, you will eventually lose it all.

3. How to correctly become a real trader?

• Learn to control your emotions: Trading should never be driven by emotions; don’t let greed and fear lead you. Make a plan and execute it strictly. Don't get overly excited when the price rises, and don’t be bewildered when it falls; sticking to your plan is key.

• Test your patience with small positions: Never go all in on a whim. A true trader will break down every trade into smaller parts; a good trader doesn’t gamble on probabilities but manages risks.

• Learn to take profits and cut losses: One of the most frightening aspects of human nature is being unsatisfied. When making profits, you want to earn more; when losing, you stubbornly refuse to cut your losses until you go bankrupt, only then realizing your regret. These can all be avoided with strict profit-taking and loss-cutting rules.

• Regularly review your trades: Smiling at your profits and cursing the market when you lose is a gambler's mindset. A true trader will review each operation to find out where they went wrong and improve next time.

4. The fate of a gambler is only one: destruction.