From liquidation to turnaround, I took three years

Sharing my own story, something I’ve never mentioned to you before.
In 2019, I just entered the crypto world, like most brothers, I knew nothing, envied others’ successful trades, and secretly opened a 20x leverage long position.
At that time, Bitcoin was just over ten thousand, I invested 20k US dollars, thinking: if it rises 10%, I double my money, feeling great.
But what happened? On the third day, a needle dropped, and I got liquidated.
20k US dollars, gone in less than a week.
That night, I sat in front of my computer, smoked half a pack of cigarettes, with only one thought in my mind: I’m not suited for this market.
But I didn’t give up. I spent three months reading all the K-line data, trading psychology, and position management books I could find.
I studied while testing with small amounts, 50 US dollars, 100 US dollars per trade, losing and learning from losses, winning and staying humble.
During the DeFi summer of 2020, I caught the wave.
From 5,000 US dollars to 30k US dollars.
But when you get carried away, trouble follows. I heavily overleveraged on UNI, chased high without setting stop-losses, and within one night, I retraced 40%.
30k turned into 18,000.
After that, I set three strict rules for myself, which I’ve followed ever since:
First, never lose more than 3% of the total account on a single trade.
No matter how optimistic I am, if I hit that loss, I exit.
Second, don’t hold overnight positions. Close all trades before sleep or reduce leverage to below 0.5x.
Third, open at most two trades a day, then close the app.
Trade less, avoid overtrading.