#美SEC促进加密资产创新监管框架 After a year-long contract, 1.5 million RMB evaporated from my account. Win rate? 47%. Not even half.

At the beginning of 2024, I fell into this trap just like many newbies. At first, I was lucky—almost every random trade I placed made money, and I got cocky. I increased my position to tens of thousands of USDT, hoping for a big win before quitting—but the black swan event on February 3 instantly wiped me out, and those tens of thousands turned to zero in an instant.

After a period of silence, I climbed back in, this time playing it smart by testing the waters with small positions, occasionally making some recovery. But over the long run, I was still losing. I lost my job, and my family also faced problems. Looking back, I realize I was completely obsessed at the time.

There are never any “perpetual winners” in this market. Those legendary stories you hear are just survivor bias—lucky individuals floating to the surface among countless casualties.

After all the ups and downs, I’ve finally managed to recover some of my losses and regain a normal pace of life. Now, I only trade with spare money, keep my position sizes strictly under control, and my mindset is much calmer. I paid a heavy price for this lesson.