If you're still losing money on your contracts and want to get your account back on track, you need to carefully read the following.

**Learn to Take Profits and Cut Losses First**

The market changes every day. No coin can keep rising forever, and no coin will keep falling forever. Taking profits, simply put, is like putting a tight leash on yourself—don't always think "if I wait a bit longer, I’ll earn more." Honestly, there are countless opportunities in the crypto world, but the money in your account can really be wiped out in one go. Cutting losses is even more critical; it helps you abandon sunk costs. Many people hope to "hold on a bit longer for a rebound," but if you're wrong, you have to accept defeat. Amputating a limb to survive is painful, but at least you're alive.

**Don’t Always Think About Frequent Trading**

The idea of both bulls and bears eating sounds great, but in reality, you often get hit from both sides. Being able to correctly predict one direction is already good enough. Don’t ignore transaction fees—opening a high-leverage contract can result in a 1% to 2% loss right away. If the trade lacks logic or room to maneuver, you're just giving money to the market.

**If You Don’t Understand the Market? Staying Out Is the Best Solution**

Many people are afraid of missing out, but think about it—missing out is uncomfortable, or losing money is uncomfortable? If you can’t judge the direction clearly and still go in blindly, it’s essentially gambling. Trading is about probabilistic advantage, not predicting correctly.

**Take It Slow, Don’t Expect to Eat the Elephant in One Bite**

Use small capital and low leverage, gradually building your win rate. Even earning just a few points daily, long-term persistence will improve stability and mental state much more than reckless heavy positions.

**Never Go All-In**

Even the most certain market can be hit by a black swan. Without stop-losses and heavy positions, you’re gambling with your life. There are many opportunities in crypto, and countless market cycles ahead—there’s no need to stake your entire wealth on a single trade.

**Knowing Isn’t Enough, You Must Do**

Everyone can talk about principles, but few actually execute. I’ve also gone through the chaotic days of impulsive trading, without plans and relying on feelings. To turn things around, you need discipline, quick decision-making, and determination. Without these, you’ll never become one of the small percentage who consistently make money.

In the crypto world, changing your fate requires an extraordinary mindset, the courage to act, and the decisiveness to admit defeat in time.