In this circle, the biggest regret after a long time isn't those who slowly lose their principal, but players whose accounts once soared to seven figures and ultimately went to zero after a sudden crash.



Turning a few thousand into a million is indeed not rare in the crypto market. When mainstream coins like SOL and ETH are doing well, doubling your investment is everywhere. What is truly scarce? It’s the ability to hold onto that money and make it to the end. Most people's stories follow a similar pattern: on paper, they have a profit of hundreds of thousands, but when a major correction hits, not only do they give back their initial gains, but they also lose their principal.

Where does the problem lie? It’s not that the market isn’t good enough, nor that the technical skills are poor, but that they fall into a deadly psychological trap—being unable to stop. Many people interpret "rolling positions" as trading every day and adding positions endlessly, but the truth is the opposite: profitable position rolling involves only acting in highly certain market conditions, and remaining steadfast and inactive at other times.

Account blow-ups are mostly caused by these three things:

**Doing trades without a trend**. Trying to bottom-fish or top-tick in choppy markets, only to get slapped back repeatedly.

**Getting overly excited and adding positions after small gains**. Earning a little and then overleveraging, leading to a big wipeout when the market moves against you.

**Refusing to cut losses after a pullback**. Holding on with a lucky mindset, only to see losses deepen.

What do successful traders who manage to grow their accounts share? Extreme discipline. I’ve summarized my three core rules:

**First, withdraw the principal immediately after the first profit**. When the first trade makes money, take out the initial capital right away, and use only the profits for subsequent trades. The benefit of this approach is that it instantly relieves psychological pressure, removes the fear of going to zero, and instead encourages taking action in confirmed opportunities.

**Second, the more you earn, the more conservative you should be**. Once your floating profit reaches your target, raise your stop-loss level to lock in some profits. Don’t aim to catch every wave, and definitely don’t let the hard-earned money slip away.

**Third, only engage in explosive phases with clear trends**. It’s not about trading frequency but about the certainty of the market. When the market is uncertain and choppy, it’s better to stay on the sidelines and wait rather than blindly trade. This approach may cut your trading frequency in half, but your win rate and returns will double.

Ultimately, many people don’t lack the ability to make money—they just can’t stop spending it once they have it. The key to gaining an edge in the crypto space isn’t about catching the most opportunities, but about holding onto the profits steadily. Learning to wait, to stop, and to pause is what truly enables long-term growth.
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gas_fee_therapistvip
· 01-06 20:54
Really, I've heard too many stories of seven-figure accounts going to zero. Basically, greed is the devil—once you make money, you get carried away and simply can't stop. --- I agree with the move of withdrawing the principal on the first withdrawal; it's like protecting the capital, and it definitely helps keep a calmer mindset for subsequent operations. --- The key is to hold back; sitting on the sidelines is much more comfortable than making mistakes in trading. --- Most guys who add to their positions after small profits have already ended up in the ICU, I've seen it too many times. --- What they say is correct, but truly disciplined people are rare; most will still be tempted by the market. --- Rolling positions isn't risking your life; many newcomers get this wrong. --- Stop-loss is easy to say, but when it comes to execution, various reasons pile up, and eventually, it becomes impossible to recover. --- Instead of trading every day to boost your presence, it's better to wait until you're sure before making a move. Win rate is much more valuable than trading frequency.
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TokenAlchemistvip
· 01-05 03:24
the liquidation cascade part hits different... most degen traders literally can't parse the difference between rolling and just yoloing every micro-pump. it's not even about market inefficiency detection at this point, it's basic risk management they refuse to implement
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FUD_Whisperervip
· 01-04 15:50
A bloody lesson indeed. I've seen too many stories of seven-figure losses to zero. It's not really about making money; the real difficulty is whether you can let go of your grip.
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MoneyBurnervip
· 01-04 15:50
Really, losing seven figures is more heartbreaking than losing all your initial capital. It all comes down to that sentence: "Just wait a bit longer, it will double." --- I'm that kind of loser who starts to go crazy with leverage after making a little profit. Now I’ve gone bankrupt and realized it too late. --- I can't stop, and that hit me hard. Every time I think the next trade will be the fatal blow, but in reality, it's my greed that kills me. --- The trick of withdrawing the principal on the first trade is brilliant. It completely boosts my psychological defenses, and later, when I dare to bet big, I’m much clearer-headed. --- The question is, who can really stick to only trading during confirmed trend periods? I’m that kind of gambler who has to participate even in sideways markets. --- About half of the coins I was testing the waters with have slapped me in the face. Now, just seeing sideways markets gives me PTSD. --- It’s easy to say, but when the market actually moves, I forget all this. I am the textbook example of someone who adds to their position three times within an hour. --- This article feels like my life story: earning five figures, then ending up with less than three figures. That’s my growth story.
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OnChain_Detectivevip
· 01-04 15:50
nah this is classic pattern recognition talking—most rug signatures show exactly this behavioral trajectory. statistically anomalous greed cycles followed by catastrophic liquidations, textbook high-risk indicators right there. not financial advice but the data screams stop-loss discipline or bust.
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TokenUnlockervip
· 01-04 15:47
Really, how desperate must it be when a seven-figure account hits zero... I've seen too many people like that; making money often becomes their biggest enemy. Stop-loss is easy to talk about, but in practice, it's truly hellish. A couple of days ago, I saw someone saying that you need to trade every day to keep up with the market, and I just laughed. Isn't that the common farewell of those who blow up their accounts? No one can really stick to waiting on the sidelines; there's always a feeling that missing out on a wave will be the end. Raising the principal for the first trade is indeed ruthless; it instantly changes your mindset.
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WalletAnxietyPatientvip
· 01-04 15:27
It's the same old story again. The real issue is still greed. I've seen a few people lose seven figures all at once, and that must be incredibly despairing. Withdrawing the principal is indeed a clever move; it instantly relieves psychological pressure. Unfortunately, most people are simply unwilling to take action. The most heartbreaking part is waiting on the sidelines. Watching others make money during volatility, but being unable to tolerate it yourself, only to get wiped out by a sudden reversal. Why is the word "stop-loss" so difficult? Everyone dies because of overconfidence. Actually, it's just one sentence: surviving is more difficult than making money.
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