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Talking about the heartbreaking moments in trading—$BTC $ETH $BNB price fluctuations, what do they really test?
Many people's first lesson in entering the crypto market is often being beaten badly by "predictions." The market doesn't follow any rules, especially in this field where black swans are everywhere. You might get 99 trades right in a row, but one mistake can wipe out your account. The reality is this brutal.
So, you need to change a fundamental mindset. Stop thinking "How can I predict correctly," and instead ask "How can I handle all possible scenarios." This is the core logic for surviving long-term in the market.
**The Soul-Searching Question Before Opening a Position**
Before starting to trade, imagine a scenario: your account is instantly wiped out. Ask yourself honestly—would this disrupt your life? Would it affect your rent, meals, or essential living expenses?
If the answer is "Yes," then you're trading too aggressively. The amount of money you risked has already exceeded your psychological tolerance. Trading in this state will inevitably lead to major mental issues, distorted decision-making, and ultimately, panic selling. The smart approach is to reduce your position size until losing this money won't affect your daily life. Only when you reach this stage do you have the qualification to trade properly.
**The Practical Logic of Single-Trade Entry**
Before you press the actual "Open Position" button, the first question to ask yourself isn't "How much can I make?" but "What's the worst-case loss? Can I calmly accept this loss?"
Only when you sincerely answer "Yes" should you proceed to open a position.
This seemingly simple self-question actually does something profound—it naturally enforces strict stop-losses and strips the "fear of losing money" tumor from your trading mindset. It's no longer about forced stop-losses, but about pre-setting the maximum risk you can accept from the start.
Crypto markets are highly volatile, and the psychological tests are intense. Instead of obsessing over predictions, it's better to first build a solid mental foundation.