If you lose money in the cryptocurrency circle, can you still get your money back?

Today, several friends asked me, if you lose money in the cryptocurrency circle, how can you get your money back?

I roughly summarized that most of the reasons for losing money are playing contracts and altcoins. I once lost half of my personal assets in 21 years, and I have recovered my capital this year, and there is still a slight surplus. Below, combined with personal experience, I summarize some personal views and strategies.

People who lose money can be divided into two categories: one is those who lose money but still have principal, and the other is those who lose everything and have nothing. For these two types of people, the first thing to do is to suspend contract trading. Contract trading, a high-risk gambling method, is not suitable for most people. Most people tend to run away when they make a small profit, and hold on when they lose.

Let’s talk about those who lose money but still have principal. If these people want to get their money back, they must seek stability. According to the current market situation, the payback period should be placed in the next bull market, and don’t think about getting rich overnight. At this stage, you should learn to cash out your own coins at high prices, wait for the U price to fall below 6.5 to buy USDT, and then trade stablecoins and manage money on Binance. You can also use FUDSD to participate in Binance's new listings. On average, it is no problem to earn 5 points a year. Wait patiently, around 2026, when others are extremely panicked, find an opportunity to go all-in on Bitcoin, and then lie down and wait for the next bull market to come.

As for the second type of people who have lost everything and have nothing. Such people often have no risk management awareness and completely regard the currency circle as a casino. If they still want to get their money back and are interested in the currency circle, they must completely quit contracts and altcoins and study more about the projects of robbing. Be diligent, because this is even harder than going to work. If you do robbing to the extreme in the currency circle, the annual income is still considerable. But if you have no capital and poor learning ability, it is recommended to quit the circle directly and return to normal life.