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.

Then the most impressive thing 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 put only the amount you can accept to zero in the market. Many people prefer risks with less capital, and they are actually easily taken away by a wave.

In the middle of 2023, I made $700k, but at 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 thought about it at that time. Jin Yan Jiawei: 826729496 is the zero number I can accept, half of the profit. And I was still lucky at that time, thinking how could so much money be reduced 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 it all for USDT. Until now, I actually didn’t do anything big. I just took out the interest of these months and played around. $120k went to zero, and the retracement was about 1.5% of the total assets

There will be new lessons every year, and there will be new growth every year. When the market is good, work hard to make money, and when the market is bad, don’t force it. Just hold your hands and wait patiently for the wind to come😌

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