The behavior of insisting on not using a stop loss in trading has sparked a profound reflection: what is the true meaning of a stop loss?

Many people believe that stopping loss for a small amount of money seems not worth it. However, this perspective overlooks a more valuable resource—time.

Observing the fate of bankrupt entrepreneurs, we find an interesting phenomenon: people under 40 are more likely to make a comeback, while those over 40 are more likely to fall into a dire situation. This is not a coincidence, but rather the influence of time factors.

Continuous losses not only deplete wealth but also dull a person's sharpness and courage to start anew. An investor who has experienced a significant drop in the cryptocurrency market shared his lesson: if he had decisively implemented a stop loss within a month, with his connections and business experience, he could have returned to the peak within a few years. However, the prolonged market downturn made him lazy and mediocre, causing him to lose confidence in his own abilities.

When we are young, we may underestimate the value of "a few years." But as we grow older, we gradually realize that the opportunities we can seize in life are actually few and far between. Every time we face a stop loss decision, we should consider: how many "a few years" do we still have to waste?

Therefore, the core of stop loss lies in protecting time, an irreversible resource. Money can be earned back, but lost time can never be reclaimed.

On the road of investment, fighting alone is often difficult to succeed. Having an excellent team to guide you is often more efficient than exploring alone. This is not only about managing funds but also about cherishing time.

In the context of the current recovery of the cryptocurrency market, this lesson is particularly important. Regardless of how the market changes, wisely managing risk and valuing time are the keys to long-term success.