Have you found yourself trapped in a never-ending cycle of losses lately? Does every financial decision you make drag you deeper into trouble? Don’t worry, you’re not alone. Many people face periods like this. What truly matters is how you manage this phase and how you pick yourself back up.

No one intentionally makes bad decisions. Yet small mistakes we overlook can lead to massive losses. Let me share my own experience: When I first stepped into crypto during the 2021 bull run, I wasn't even satisfied with a 50x return, which made me overly confident. I rushed into investments without proper research and ended up losing my entire savings, three times.

So, what did I do wrong? That's exactly the question you should be asking yourself too.

Maybe you’re making decisions with insufficient knowledge. The first rule to earning money and succeeding is having the right information. Don’t resist learning, because what you assume you already know can deceive you. The more you learn, the better your decisions will be. If you don’t know where to start, just join a community and simply write "gm" on Telegram or Discord.

Perhaps you're making emotional decisions. After losing money, it’s common to want to quickly recover your losses, which leads to impulsive and risky moves. I, too, made emotional investments, digging myself deeper into trouble. Remember, you should manage your emotions, they shouldn’t manage you.

Accept failure. Failure isn’t always negative. Consider Edison, we easily say he invented the light bulb, forgetting the hundreds of failed attempts he endured. Don't you think he felt discouraged at times? Of course he did. But what set him apart was his determination to keep going despite setbacks. Maybe today, we're drifting aimlessly because we've forgotten what we're striving for.

Acting without a plan is also a significant mistake. Successful investors always operate with clear plans. Without a strategy, decision-making becomes very difficult. My unplanned investments damaged me both financially and emotionally. Always have a clear strategy before investing.

The crypto market can truly wear you out. Starting from Luna Terra (UST)'s collapse in 2022, followed by Three Arrows Capital (3AC)'s bankruptcy and the dramatic collapse of FTX exchange, all these events tested our resilience. Adding in US interest rate policies, we've experienced a long, harsh winter. Meme coin crazes, rug pulls involving famous people, projects we believed in but collapsed, it’s all exhausting.

At this point, ask yourself: "Why am I here?" If being here causes you overwhelming stress, maybe you shouldn't be here at all. There’s no absolute answer. If it helps your mental state, perhaps you should take a break.

Never forget to prioritize your own needs. We keep talking about investments, but how many of us have read a book about it? Recently, I read "The Psychology of Money," and it opened my eyes. Now, I clearly see the mistakes I made. I highly recommend it; it could greatly benefit you too.

I know you're tired and overwhelmed. I understand these feelings because I've been there myself. But now it’s time to pause and reflect. You hold the chains of your life in your hands. I've made countless mistakes and still do. Don’t fear mistakes. I hope you keep making them and keep growing.