1. Bro Nai has barely lost money since $ORDI, but recently took a painful hit. The negative feedback has been piling up, and he’s feeling a bit down. He spent days reflecting and reached out to a bunch of friends for advice and learning. Here’s his summary of the root cause of losing money. 2. Losing money is just the surface issue. The real reasons are not understanding the game rules and lacking a good mindset. Bad mindset: Trying too hard to prove yourself, wanting to hit it big in one go. Not understanding the game rules: Liquidity now is different from before, so strategies should be different too. Haven’t found that sweet spot where losses are limited and profits are unlimited. 3. If he had stuck to the previous strategy—doubling up and pulling out the principal when there’s profit—then recent moves wouldn’t have hurt the principal at all. Bro Nai overestimated his ability to pick projects and trade coins, as well as his mental resilience to handle losses. 4. He’s even more convinced now that in the crypto space, whether it’s speculation or investment, the most important thing is: staying alive, surviving no matter what. That’s more important than anything else. Second is learning and practicing a lot to improve your understanding of the game rules and finding that sweet spot where losses are limited and profits are unlimited. 5. When you face problems, ask for help. A few days ago, Bro Nai couldn’t figure things out, so he went crazy reaching out to people, talking to those who are more skilled than him, and trying to see things from their perspective.