Six Years in Crypto: Ten Practical Tips

No stories, just the goods.

1. Capital is life. Losing 50% requires earning 100% to break even. Protecting capital is ten thousand times more important than pursuing profits.

2. Being in cash is a skill. When you're unsure, hold USDT and do nothing. People who can't sit in cash will never make money. $BTC

3. Stop loss quickly. Place your stop loss the moment you enter. By the time you want to cut, you won't have the nerve to do it.

4. Don't hold losing positions. The ten times you hold them back barely compensate for one liquidation. Holding is just the beginning of losses, not the end.

5. Position size determines mindset. With heavy positions, even good technique is useless. Every small fluctuation makes you panic, and panic leads to bad decisions.

6. Avoid lower timeframes. Looking at 5-minute charts too much makes you go crazy. Only trade 4-hour and daily trend levels, cutting the noise in half. $ETH

7. Don't fear FOMO. Missing out doesn't lose money; chasing highs does. The market always has opportunities, but once your capital is gone, it's really gone.

8. Don't believe news. Every good or bad news you see is something they want you to see. By the time real useful information reaches your ears, it's already too late.

9. Review yourself. Write down every day why you opened and why you closed positions. After a month, you'll see the same mistakes repeated.

10. Staying alive matters most. In this market, those who survive longest end up making money. Those who rush to make comebacks basically get liquidated. $BNB

That's it. Those who can do three survive. Those who can do five make money. I haven't met anyone who can do all of them.