I've been in the crypto space for a full 12 years now—a post-90s kid, and I've been trading full-time for over six years. Looking back now, I really feel like I've made it through the grind—from starting with 500,000 yuan in principal to now having 75.54 million. The losses I took along the way still make me wince when I think about them.

Here's a harsh truth: four years ago, one night, I pulled up my entire trade history and went through every single order. It felt like watching a compilation of my own black history. Out of more than 1,000 trades, over 700 were losses! Only about 300 trades made money. What hurt even more was that I could remember exactly what mistake I made in each of those 200+ big losing trades.

My biggest flaw? One word—greed.

When I made money, I wouldn't cash out, always thinking, "Let me wait a bit longer, maybe it'll go up more." When I was losing, I'd stubbornly hold on, "It's dropped so much, it has to bounce back." The result? Small gains turned into small losses, and small losses dragged on until liquidation. Almost all my big pitfalls happened just like that.

Some small losses were even more frustrating—I entered trades without even thinking them through. I'd see the candlestick chart looking like it was about to take off, didn't do any homework, and just jumped in with a gambling mindset. When you make too many of these blind trades, they add up, and before you know it, your account has shrunk significantly. To put it plainly, I didn't wait for a real breakout signal and kept blindly guessing the direction during sideways consolidation.

The boiling frog effect is the scariest—by the time you realize what's happening, your principal has already taken a serious hit.

After that review, I made a list of every single problem and fixed them one by one. Later, I put all my energy into technical research,