The principal is almost gone, is there still a chance to turn things around? Yes. I climbed out of a pit of over 300,000 yuan, and today I’ll share five life-saving tips.

Step one: stay calm. Losing money is not the end of the world; the market is teaching you a lesson. Accept the loss, stop reckless operations, analyze how you lost money, and avoid gambling-like behavior.

Step two: manage your positions—this is the line between life and death. Don’t dream of a big gamble to turn things around with altcoins; single trades should be no more than 15% of your total funds. Diversify your portfolio, mainly hold Bitcoin and Ethereum, and allocate a smaller portion to potential projects. Keep cash reserved for adding positions at any time. Remember, never leverage or borrow money.

Step three: set stop-losses. Cut losses once they exceed 20%; the longer you wait, the further it is to break even. Set a strict stop-loss level before entering a trade and execute immediately when touched—no softening.

Step four: let your profits compound. Recovering your capital relies on compound interest. Don’t rush to withdraw profits; reinvest them to continue growing your capital. Lock in your principal, and in the process of stable profits, the power of compounding will be fully realized.

Step five: build your own trading system. Use quantitative signals for entries, automate take-profit and stop-loss orders, write daily review journals to find bugs, and break the habit of impulsive trading.

Honestly, surviving in the crypto world is more important than quick riches. Turning around with 2000U takes time, but it’s definitely possible. The key is to get through the three hurdles: mindset, position sizing, and discipline.