I've been in this circle for almost ten years. In the first few years, I kept trading contracts, and liquidation was just a daily routine. One careless move when the market fluctuated, and my money was gone. Before I even felt the heat, it was already lost.

Back then, I was very resentful, always feeling the market was too ruthless. Later, I slowly realized that the real problem wasn't the market itself, but myself—greed, impatience, and the desire to quickly recover losses.

Now I can't say I'm very strong, but at least I haven't been wiped out by a sudden market wave in years. What I want to say are lessons learned with real money and blood. It might sound uncomfortable, but it can help you pay less tuition.

**Accept the reality after being trapped**

The scariest thing isn't the account loss itself, but starting to deceive yourself. I've seen too many people, after being trapped, only have one thought—add to their position. Why? Because they gamble on "another wave of market movement will free me."

But there's a big problem with this. If adding to your position isn't supported by solid logic or a clear plan, you're actually increasing your risk, not lowering your cost. Many people step into this trap gradually, getting deeper and deeper, and eventually can't turn around. Relying on adding to positions to reverse losses is often the beginning of doubled losses.

**Be extra cautious during the quietest market times**

After a big rally, if the market stays sideways for a long time, there are two possibilities: either it's gathering strength for the next move or brewing a trend reversal. This calm period can easily lull people into complacency, and everyone starts relaxing their vigilance, leading to various thoughts and ideas.

In fact, this seemingly stable sideways period hides the greatest risks. The more you think everything is fine, the more you should consider the worst-case scenario. Often, market turning points are buried in these "safe-looking" moments.

**Keep some reserve in your position**

Going all-in looks "powerful," but in reality, it pushes you into a corner. The market's movement will never fully follow your expectations. If you make a wrong judgment once and have no spare funds to handle emergencies, you'll probably be forced out.

Keep two or three成 of cash on hand. It may seem like giving up some gains, but it's the price of surviving longer. In this market, staying alive is more important than anything else.

**Mindset is the ultimate elimination factor**

The real reason people get eliminated in this circle isn't because of poor technical skills, but because of emotional outbursts. After making profits, they start to get cocky, feeling invincible; after losses, they panic and make reckless moves.

Whether you can survive long-term depends on whether you can control your own heart. Not getting carried away after gains, not panicking after losses—sounds simple, but it's the hardest lesson to learn. Yet, it's also the most important.

Mainstream coins like ETH and BNB's price movements are visible to us all. But in the face of major market trends, personal skills and luck often matter less than mindset and risk management.

All these lessons are paid for with blood and tears. There are no fancy tricks—just ways to help you survive. If you're not aiming for overnight riches but want to walk steadily, then maybe our paths are truly the same.