#数字资产市场动态 From Massive Loss to Turnaround: The Harsh Reality of Life in the Crypto World

In April 2022, LUNA was still at $115.

My name is Xiao Yang. I started with 100,000 yuan, and when the price hit $108, I opened a short position — not out of greed, but because I instinctively guarded against high-leverage coins.

A few hours later, the number in my account jumped to 750,000.

In that moment, my hand trembling as I held my phone, tears couldn’t stop flowing.

Coming from an ordinary background, with no connections or resources, the hope of turning my life around seemed very slim. But that number suddenly told me, maybe a turning point really had arrived.

But the biggest opponent in this game isn’t the market, but the greed deep inside my heart.

That night, I was so confused I lost my mind. I didn’t take profits, and instead went all-in to buy the dip — only one thought in my mind: to double up again, to reach the peak of life.

When the news of LUNA’s zeroing out popped up, my phone fell to the ground.

I collapsed on the sofa, my mind blank, tears unable to come out.

From 750,000 to zero, in just one night. That was when I truly understood: in the crypto world, it’s never about who can make the first profit, but who can hold onto their money.

The next day, I pulled out all the bride price money I had saved over five years, totaling the last 90,000 USD.

Looking at my account, I told myself: "This time, don’t think about getting rich overnight. Living is the real skill."

I forcibly engraved three rules into my memo: never operate with full position, always leave 30% buffer; once the take-profit and stop-loss prices are set, never manually change them; only trade clear market signals, and pass on shorting or counter-trend operations like bottom-fishing.

Something interesting happened — when I let go of that obsession with getting rich overnight, I instead laid out my plans steadily, and money surprisingly started flowing back little by little.

LUNA’s huge loss was not only a blow but also a complete wake-up call.

Without that bloodbath, I might have been stuck in the dream of “getting rich overnight” for my whole life.

Want to survive in this market? It’s definitely not luck, but enough clarity and execution. Are you still gambling on luck, or do you want to be the one who laughs last?