The year I entered the market with $20,000, my understanding of the crypto market was stuck at "buy the dip." After three rounds of liquidation, my account balance shrank from five figures to three—the worst time, I held onto $10,000 until 4 a.m., watching helplessly as the liquidation price was breached. I didn't even notice cigarette ash falling onto the keyboard.
Now? Relying on a set of "contrarian thinking" strategies, my annualized returns are steadily in the seven-figure range. The most frequently asked question in my DMs is: "Should I hold on or cut losses?" But this question itself exposes most people's cognitive blind spot.
The secret to making profits in crypto trading has never been about memorizing the dogma of "stop-loss above all." The core is: let your strategy revolve around "probability advantage," not be shackled by some ironclad rule.
**Stop-loss is not a talisman; it's just a wrench in your toolbox**
In my first two years in the industry, I was thoroughly brainwashed by the idea of "unconditional stop-loss." No matter the market condition, I always set a 5% stop-loss order. What happened? In half a year, my $8,000 principal was wiped out by a combo of frequent stop-losses, slippage, and fees.
Later, I realized: stop-loss is never standard; it depends on your approach.
For example, if you're running a grid strategy validated by five years of data, trading major coins within a range to capture price differences, as long as the overall trend doesn't collapse, stop-loss actually becomes a burden. But if you're trading low-cap "shitcoins" or using 3x or higher leverage with a heavy position, then stop-loss is your "lifeline"—the year I went all-in with 10x leverage on an altcoin, one flash crash wiped my account to zero. That lesson still hurts.
**Don't be the exchange's long-term meal ticket—hidden costs eat away at you in the dark**
Many people, when reviewing their losses, only focus on "wrong direction calls," but fail to see the two parasites of fees and slippage. I've seen too many short-term traders...
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0xSoulless
· 3h ago
Listen, this set of "reverse thinking" sounds just like those tactics to trap retail investors, with annualized returns of seven figures? They really think retail investors are fools.
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After three margin calls, still daring to come out and teach others, I truly respect that courage.
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Honestly, it's still about luck; change the cycle and you'll have a different story.
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It's true that trading fees eat into profits, but you have to survive until then first.
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"Probability advantage"? Just casually mentioning it, there will definitely be paid courses later.
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Leverage of 10x to go all-in on altcoins and still tell stories? Either you're lucky or a master storyteller.
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That set of stop-loss strategies is definitely brainwashed, but your logic is pretty brainwashed too.
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From five figures to three figures, this tuition was pretty expensive. Are the people teaching now also losing money like that?
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Grid trading sounds like a pension plan, but who knows if the next big crash won't be a hundredfold stop-loss again.
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The most important thing is actually mindset, but as long as your strategy can make money, that's enough.
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AirdropHunterXiao
· 4h ago
Uh... this story sounds just like a friend's survival diary, but I can't help but laugh at the seven-figure annualized return part.
The part about going all-in on altcoins with 10x really hit me. That was a lesson learned when I had a penny. Now anyone seems easy, right?
The most heartbreaking part is "the problem itself exposes cognitive blind spots"... I'm the damn fool who asks every day what to do.
The part about transaction fees is spot on; hidden costs are indeed a killer, even more damaging than wrong direction.
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BasementAlchemist
· 6h ago
Oh no, this is the legendary story of "I lost everything and then made it all back"... I really burst out laughing at the part where ash fell on the keyboard, so true, brother.
Surrendering to cut losses vs. toughing it out—basically, it’s just not understanding what you’re gambling on.
My heart aches for you during that 10x all-in on meme coins.
But a seven-figure annualized return, are you serious, or... forget it, I trust you, after all, anything can happen in the crypto world.
When will there be a detailed tutorial? I want to turn around my three-figure account too.
Trading fees and slippage, these two invisible pickpockets—really, many people haven’t even paid attention to them.
The idea of operating with a probability advantage sounds good, but honestly, most people don’t have this probability advantage at all.
Five-year data validation sounds impressive, but dare you say that the data from these five years will still be useful in the future?
I just want to know, do you still get liquidated now?
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ChainPoet
· 12-10 14:53
This guy makes a valid point, but I still think he overlooked one issue — the market simply doesn't operate based on your "probability advantage"; the real killer is often human nature.
People talk about contrarian thinking every day, but who can remain calm at 4 a.m. when they see liquidation orders? I laughed when ash fell on the keyboard during that moment—that's the real trading scene.
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NFTregretter
· 12-08 19:51
It took three liquidations for me to realize that stop-losses are not a cure-all—it really depends on what strategy you're using.
Honestly, I've also been through the phase of going all-in on altcoins with 10x leverage. That was a painful lesson... It's really the fees and slippage that eat you alive.
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BTCRetirementFund
· 12-08 19:50
I can really relate to the part about liquidating down to three digits, and the detail about the cigarette ash falling onto the keyboard was spot on—it shows your mindset had already collapsed at that point.
No need to brag about seven-figure annualized returns; the key is treating stop-losses as a tool, not dogma. That really hit home.
But hey, was it really worth it to YOLO 10x on altcoins? How did you turn things around in the end?
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GasFeeCrier
· 12-08 19:50
This guy makes some good points, but I really can't believe that seven-figure annualized return… Everyone talks like that.
Wait, 10x all-in on an altcoin and then got liquidated? That's a rough experience, even the ashes from your cigarette fall on the keyboard, haha.
To put it simply, there’s no perfect strategy—it’s all a probability game.
The problem is, most people don’t even have that "contrarian thinking" framework to begin with, so how can they replicate it?
The real killer is the fees eaten up by frequent stop-losses. No one actually calculates that cost.
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ConsensusDissenter
· 12-08 19:45
Another "I'm making seven figures annualized now" story, huh? I'm getting kind of numb to it. The key question is, is it even real, my friend?
To put it bluntly, it's just survivor bias. Those who made it are telling their stories, and those who didn't are long gone.
10x leverage all-in on altcoins—how is that not just gambling? Calling it "trading" doesn't change what it is.
That whole stop-loss thing really just comes down to luck. In a bull market, anyone can make seven figures annualized. I think timing is the real key.
Anyway, I don't believe there's any contrarian thinking system that can consistently make profits. If someone really had one, they'd just quietly get rich themselves instead of writing articles about it.
The year I entered the market with $20,000, my understanding of the crypto market was stuck at "buy the dip." After three rounds of liquidation, my account balance shrank from five figures to three—the worst time, I held onto $10,000 until 4 a.m., watching helplessly as the liquidation price was breached. I didn't even notice cigarette ash falling onto the keyboard.
Now? Relying on a set of "contrarian thinking" strategies, my annualized returns are steadily in the seven-figure range. The most frequently asked question in my DMs is: "Should I hold on or cut losses?" But this question itself exposes most people's cognitive blind spot.
The secret to making profits in crypto trading has never been about memorizing the dogma of "stop-loss above all." The core is: let your strategy revolve around "probability advantage," not be shackled by some ironclad rule.
**Stop-loss is not a talisman; it's just a wrench in your toolbox**
In my first two years in the industry, I was thoroughly brainwashed by the idea of "unconditional stop-loss." No matter the market condition, I always set a 5% stop-loss order. What happened? In half a year, my $8,000 principal was wiped out by a combo of frequent stop-losses, slippage, and fees.
Later, I realized: stop-loss is never standard; it depends on your approach.
For example, if you're running a grid strategy validated by five years of data, trading major coins within a range to capture price differences, as long as the overall trend doesn't collapse, stop-loss actually becomes a burden. But if you're trading low-cap "shitcoins" or using 3x or higher leverage with a heavy position, then stop-loss is your "lifeline"—the year I went all-in with 10x leverage on an altcoin, one flash crash wiped my account to zero. That lesson still hurts.
**Don't be the exchange's long-term meal ticket—hidden costs eat away at you in the dark**
Many people, when reviewing their losses, only focus on "wrong direction calls," but fail to see the two parasites of fees and slippage. I've seen too many short-term traders...