Last summer, a friend from Shanghai sent me a screenshot of his positions.
When I opened it, I was stunned—he had long positions in ETH and SOL, with unrealized losses soaring over $1 million USDT.
He asked me, "Is there any hope? Should I cut my losses?"
At that point, it wasn’t about technical analysis anymore—it was about holding it together mentally. If I told him to sell, he’d probably break down on the spot.
I stared at the chart for a long time. The entry points were rough, basically buying at the top of the consolidation range. But looking closely, the trend hadn’t completely broken down, and the structure was still intact.
I told him, "Don’t panic, hold on, it can recover."
And what happened? The market actually rebounded. We exited at a relatively high point, not only avoiding losses but actually making over $500,000 USDT.
He later told me, "Bro, from now on I’ll follow your trades. When I trade on my own, I have no confidence at all."
Since then, we’ve been watching the markets and planning together. Recently, the coins we’ve been focusing on, like COAI and MYX, have had some pretty strong moves. When you get the rhythm right, your account balance just keeps climbing.
Now, his main account’s total assets have exceeded $20 million USDT. He specifically set aside 30 BTC in his spot account as an ‘anchor,’ and is using the rest of the funds to look for new opportunities according to plan.
I’m not telling this story to show off—I just want to say: in this market, everyone makes mistakes, sometimes big ones.
But making mistakes isn’t the end. The key is how you handle them—some people panic and cut their losses, some stubbornly hold on, and others calm down and look for ways to correct course.
You can never make all the money in the world, but you can lose it all. If you’ve ever felt anxious during deep drawdowns, or if you’re looking for a strategy that gives you peace of mind with your positions, let’s talk. The road ahead is long—steady steps will take you farther.