Why is it essential to maintain a stable mindset when entering the crypto circle?
Every newcomer stepping into the crypto circle surely harbors a passionate desire for wealth, just like I did when I first plunged into this mysterious and ever-changing field. To this day, I still clearly remember my first operation as a novice, that feeling of 'getting rich overnight,' as if I had been struck hard by the goddess of luck, a memory that is etched in my mind. After waking up, I found that my account balance had unexpectedly increased by 50,000; at that moment, the joy inside me surged like a raging tide, instantly overwhelming me. I thought I had found the golden key to unlock the door to wealth, feeling as if I had become the 'chosen one' who dominates the market. However, this sudden victory clouded my judgment, and that night, driven by impulse, I opened a 75x leverage position, fantasizing that my funds would double like a rocket the next day, with financial freedom just around the corner. However, reality hit me like a sharp slap in the face, waking me up harshly. The market took a sharp downturn; not only did I not see the huge profits I had hoped for, but my account funds began to flow away like a burst dam. Watching my hard-earned savings being devoured little by little, anxiety, regret, and self-blame gnawed at my heart like poisonous snakes. At night, the supposed tranquil resting time turned into a sleepless struggle; I tossed and turned in bed, unable to fall asleep. At one or two o'clock, my eyes were glued to the screen, not missing any market fluctuations; finally, after a moment of drowsiness, I suddenly woke up at four or five o'clock, frantically grabbing my phone to check, my heart always in my throat, caught in the painful struggle between 'painfully cutting losses and closing positions immediately' and 'wait a bit longer; maybe it will rebound soon.' Every minute and second was torture. In just a few days, the 300,000 account margin was nearly zeroed out; even if I added more funds later, I could hardly escape the fate of liquidation. The financial loss was severe, sleep was greatly insufficient, and my mindset completely collapsed; it was an incredibly dark time. However, deep down, I had an unyielding spirit, gritting my teeth and persisting, determined to calm down and find my way in this chaotic market. After three years of hard work and perseverance, with the remaining 120,000 capital, I miraculously earned over 27.5 million! Looking back on this arduous journey, the experiences and feelings can only be deeply understood by oneself. Today, I share these experiences not to flaunt personal achievements, but sincerely hope to light a lamp for newcomers in the crypto circle, helping you find direction in confusion and avoid some of the detours I once took.