From 20k to 350k, and then from 350k retracing back to 50k. This experience is worth every crypto trader reflecting on. During last year’s good market, a fan seized several opportunities and turned $20k principal all the way into $350k. In that period, every day he watched his account grow, and slowly began to believe he had already found the market patterns. He even felt that making money was just a matter of time. But a few months later, the account kept retracing, and in the end it was down to around $50,000. Only after reviewing the situation did he find the real problem: it wasn’t that he couldn’t make money—it was that after making money, he gradually lost his risk awareness. One of the biggest traps for many people is treating luck as skill. After making profits several times in a row, they believe their judgment is getting more and more accurate, so they start increasing their position size to chase higher returns. What used to be stable trading slowly turns into high-risk bets. But when the market is most dangerous, it’s often not during the losing period. It’s after a streak of making money, when you feel you can’t be wrong. Another common mindset is: “Wait a bit longer—it will definitely come back.” As a result, a small loss turns into a big one, and the trading plan becomes a long-term lockup. Real positioning isn’t about holding dead still. It’s about making choices under trend, logic, and risk control. The money you’ve earned needs even more protection. Many people won’t realize profits after they’re up—they keep thinking about doubling again. Then one pullback, and they give back all the accumulated profits. The hardest part of trading isn’t going from 0 to 1. It’s, after making money, still being able to stay calm. Making money depends on ability. Holding on to profits depends on discipline. The market always has opportunities. But only when your account is still there do you have the right to wait for the next one.