Honestly, I am just an ordinary player in the crypto market. Experiences like liquidations, staying up all night, and trembling in front of the chart are probably common among many people.

Last year, a friend of mine approached me with only 3400U in his account. He wasn't aiming to get rich overnight; he just wanted to slowly recover his previous losses. When I heard this, I understood his mindset—this is the true voice after being educated by the market.

I didn't tell him about complicated technical indicators or candlestick patterns; those things are meaningless for small funds. Instead, I shared with him three core methods I learned from investing my own money:

**Method 1: Divide your money into three parts**
Split 3400U into three categories: short-term, trend-following, and emergency reserve. Operate each independently. For short-term trading, make at most two trades and then exit; for trend-following, act only when the signal is clear; emergency funds are never used. To survive longer in this market, you need to learn how to "die slowly."

**Method 2: Take profits and then run**
Too many people forget about risk once their account skyrockets, resulting in a liquidation that wipes out previous gains. I told him to set a clear goal—take out half once he earns 30% of his principal, and use a trailing stop to ride the rest of the trend. Only what makes it into your wallet is real profit.

**Method 3: Mindset and stop-loss are both essential**
Before opening a position, set a 3% stop-loss; once hit, you must exit. When earning 10%, immediately move the stop-loss to your cost basis. When the market is crazy, just close the software; if you can't sleep, uninstall the app. Worrying about missing opportunities is less important than controlling greed.

After three months, his account grew to 100,000U, and he didn't experience a single liquidation during the process. Is his trading skill particularly strong? Honestly, no. He just started to truly respect the market.

Opportunities in the crypto market are indeed plentiful, but if your principal is gone, everything ends. So the first step is always to survive; the second is to turn things around. Learning how to survive is more valuable than learning how to make money.