Have you ever calculated the worst drawdown in your account? 60%, 80% loss? Many people see these numbers for the first time and their minds go blank, thinking their life is over. But everyone who has been in this circle knows that this is far from an unbeatable situation. The market operates like this—bull and bear cycles, opportunities are never lacking. Mainstream coins rise and fall at their own pace, and undervalued coins are always quietly brewing in some corner. Losing money can be earned back, the key is not to mess up the rhythm. I have seen too many people who were not knocked down by the first wave of retracement, but instead died because they were eager to recover their losses. When the account turns red, people start to panic. How panicked? They resort to all means to leverage, which could have been slowly repaired, but they push their positions into the abyss with that extra push of the accelerator. Their motto is "must recover," but what they actually do is gamble with the remaining principal in a life-and-death game with the market. The most realistic part of the crypto world is this: the market is willing to give you time, willing to wait for you, but it will not pay for your emotions. You can slow down your operations, be more cautious, or even do nothing for a while. But never face the market head-on after a loss. Experienced traders know how to hit the brakes at critical moments—this is not giving up, this is timely stop-loss. Preserving the principal is the only way to wait for the next opportunity.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
21 Likes
Reward
21
8
Repost
Share
Comment
0/400
ContractTearjerker
· 01-10 23:51
That's right, I had an epiphany during that 80% loss, it worked better than any motivational quote. Later, I actually recovered the losses, purely by not acting.
View OriginalReply0
MoonBoi42
· 01-10 14:59
Honestly, I experienced that 80% wave. At that time, my mind was completely blank, and I was frantically adding leverage to quickly recover my losses. As a result, I got liquidated directly haha, a painful lesson.
View OriginalReply0
DaoTherapy
· 01-08 23:35
Really, when I was 80% down, my mind went completely blank, but I later realized that those rushing to leverage up to recover are the ones truly beyond saving.
View OriginalReply0
FlatlineTrader
· 01-08 08:59
You're absolutely right. I'm the kind of fool who is eager to recover losses and ends up adding leverage to commit financial suicide. I'm still regretting it.
View OriginalReply0
SocialAnxietyStaker
· 01-08 08:58
That hits too close to home. I'm the kind of person who starts to shake when my account turns red, really.
View OriginalReply0
MEVVictimAlliance
· 01-08 08:51
That hits too close to home. Those who are eager to recoup their losses quickly and leverage are truly engaging in suicidal behavior. I have a living lesson right around me.
View OriginalReply0
WinterWarmthCat
· 01-08 08:39
To be honest, that 80% time almost overwhelmed me, but looking back now, it was nothing special. The main thing is not to be greedy. The key is not to fight with yourself; the market will give opportunities.
View OriginalReply0
VibesOverCharts
· 01-08 08:37
Rushing to recoup losses really hits home. I've seen too many people go all-in just because of this thought, and in the end, they lose even their principal.
Have you ever calculated the worst drawdown in your account? 60%, 80% loss? Many people see these numbers for the first time and their minds go blank, thinking their life is over. But everyone who has been in this circle knows that this is far from an unbeatable situation. The market operates like this—bull and bear cycles, opportunities are never lacking. Mainstream coins rise and fall at their own pace, and undervalued coins are always quietly brewing in some corner. Losing money can be earned back, the key is not to mess up the rhythm. I have seen too many people who were not knocked down by the first wave of retracement, but instead died because they were eager to recover their losses. When the account turns red, people start to panic. How panicked? They resort to all means to leverage, which could have been slowly repaired, but they push their positions into the abyss with that extra push of the accelerator. Their motto is "must recover," but what they actually do is gamble with the remaining principal in a life-and-death game with the market. The most realistic part of the crypto world is this: the market is willing to give you time, willing to wait for you, but it will not pay for your emotions. You can slow down your operations, be more cautious, or even do nothing for a while. But never face the market head-on after a loss. Experienced traders know how to hit the brakes at critical moments—this is not giving up, this is timely stop-loss. Preserving the principal is the only way to wait for the next opportunity.