I've seen too many people in the crypto world die a miserable death. Honestly, being wrong about the direction isn't the most deadly. The real killer is those three words after being trapped—"not admitting loss."



Losing money and pretending not to see it, holding full positions stubbornly, then repeating the same phrase in groups every day: "When the rebound comes, I'll sell." But you're not really waiting for a rebound; you're waiting for the market to forgive you. The market won't forgive anyone.

In the 2019 market cycle, I learned this lesson the hard way. Chase high and go all-in, full of illusions about solving the position. And what happened? The market showed no warning, just a sudden spike down. That day, I realized: most people in the crypto circle are not wiped out because they lost everything; they are dragged to death.

Later, I spent a long time reviewing all the failed liquidation cases. Repeatedly analyzing, I found two fundamental issues—overleveraged positions and too many illusions.

So now, all my trapped positions are handled according to a set of "life-saving logic" I summarized myself.

**First, don’t focus on making money, stop the loss first.** From the day you're trapped, you must accept reality: this trade was wrong. Since it was wrong, you need to set new rules. Cut down your position to a level where you can sleep peacefully. Otherwise, what you call "solving" isn't a solution; it's a matter of life and death.

**Second, use time to buy space, not faith to chase miracles.** Those rebounds in a weak market? They’re not for you to solve your position; they’re opportunities to reduce your holdings. Don’t reduce on rebounds, or you’re just giving away free. The true essence of solving a position isn’t going all-in and walking away; it’s gradually cutting your cost.

**Third, if the trend hasn't reversed, don’t think about adding to your position.** Many people keep adding money while trapped, claiming it’s to average down. But in reality? It’s just leveraging a wrong trade. The only condition to add is—if the trend truly turns back. Otherwise, the more you add, the more certain you are to die.

**Fourth, position sizing must be layered.** Use mainstream coins to hold out, small strong coins for swing trading, and trash coins only for reflecting on life. The reason you can’t resolve it? Nine times out of ten, it’s because your position structure itself is completely rotten.

Finally, a harsh truth. Many won’t want to hear this, but it’s the truth.

Solving the position isn’t the goal. Surviving is.

Being able to take small losses and get out—that’s a skill. Being able to go all-in on the sidelines and wait for opportunities—that’s the ultimate skill. In the crypto world, there’s no such thing as "must recover the cost," only "can I survive until the next round." When you truly learn to prioritize survival when trapped, and the market turns around, then you’ll be worthy of the words "solving" your position.
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