A piece of honest advice for friends who just entered the circle:

Don't rush to think about how to make money, first think clearly about how to survive.

You only have 1000U in hand? That must be more stable than an old leek.

What really gets people knocked out is not misreading the market, but that voice in their head – "this all-in bet can make me rich."

Remember one principle: preserving your principal is equivalent to preserving your chance to turn things around.

**Divide the money into ten parts, don't be a gambler**

1000U is directly split into 10 pieces of 100U. Only take out one piece at a time, leverage? At most, it can be opened up to 20 times.

Ten newcomers liquidated; nine of them weren't looking in the wrong direction, but rather the leverage amplified both fear and greed by ten times.

What about the remaining 900U? Throw it into investment and treat it as if it doesn't exist.

Is 100U burned out? No top-up, no rescue.

Take a break for two days, have a cup of tea, and think clearly about where you went wrong. The market changes every day, but a zeroed account really means starting from scratch.

Once your mindset is stabilized, cut out 90U from the 900U to continue practicing. What you want is not to become fat in one bite, but to slowly restore your health bar.

For example: Did you make a good profit of 300U this time? Next time, still open a position with 100U, and directly withdraw the extra 200U. Secure your gains and don't give the market a chance to take it back.

**Risk control rules, engraved in the mind**

• Single loss does not exceed 2% of total capital
• Losing 3 trades in a row? Stop immediately and take at least two days off.
• Floating loss down to 6%? Cut it, don't hesitate.
• Immediately move to the breakeven price when profitable
• Margin increased by over 200%? Lock in half of the profit

**Mindset is more lethal than skills**

• Feeling upset, not sleeping well, emotions exploding? Don't touch the market today.
• Never go against the trend.
• Move less and watch more, don't chase the rise or kill the drop
• If you don't understand, don't act. Staying in cash is also a strategy.

**Finally, let me say something from the heart**

A contract is like a sharp knife; if used correctly, it can turn things around, but if used incorrectly, it only hurts yourself.

Start practicing with small funds from 30-50U. Absolutely do not exceed 20x leverage. Stop loss if you lose 20-30U. As long as there is profit in the account, immediately set a trailing take profit (close when it retraces by 30%).

Take the money you earn and withdraw it. Don't leave all your chips on the table waiting to be harvested.

The cryptocurrency space is most abundant in opportunities, but what it lacks is those who can survive to endure until the next bull market.