X @Xeer

Risk Management & Capital Preservation - The market teaches discipline through humbling experiences, separating gamblers from survivors [2] - Experienced traders prioritize capital preservation, keeping over 30% in stable assets [2] - Revenge trading and chasing losses are ineffective strategies for recovery [2] - It's crucial to avoid deploying the entire net worth during market dips; saving ammunition is essential [3] Market Cycle & Trader Psychology - Every market cycle presents the risk of losing everything, even after significant gains [2] - Bear markets often begin with the sentiment that prices cannot decline further [3] - Taking a step back and disengaging from charts is advisable during periods of distress [3] - Many successful traders have faced similar situations of loss and doubt [3] Trading Strategy & Recovery - Small spot buys on quality coins are acceptable, but avoid over-leveraging [3] - Recover losses incrementally with remaining capital, rather than chasing further losses [2] - Survival in the market is key; quitting is not an option [3]