I started out in the early days with 50,000 in capital. In the first two years, I slowly rolled it up to 302,000. The third year, I stabilized it at 590,000. The fourth year, I completely got carried away—by August my account tapped 3.78 million, and by November it directly broke past 7 million.

Back then I was hotheaded. I quit my stable job, borrowed money, and added leverage. I kept thinking, “Luck can keep standing on my side.” But when the financial crisis hit, I didn’t just give all my profits back—I also racked up debt. In the end, I could only sell my house to repay what I owed, and things at home almost fell apart. It was only when I hit rock bottom that I woke up: the money I made before was mostly luck, not skill.

After that, I stopped making reckless trades for 3 years. I reviewed and summarized day and night, and finally turned things around with a set of hands-on logic. These 6 core rules can help you avoid 80% of the traps:

1) Don’t be a “coin collector.” I used to hold a dozen-plus obscure coins—most of them went to zero. Later I realized that 3 core assets are enough: use BTC for long-term protection against getting caught short, use ETH with moderate volatility for swings, and pick 1 strong-sector leader (like AI or RWA). It’s far more reliable than randomly buying.

2) Stop when emotions take over. One time, liquidations across the whole network surged. I didn’t stop—I lost 200,000 in a single day. Now I’ve set rules that are absolute: if there are many liquidation events, or it hits the hot search for 3 consecutive long green candles, or outsiders start piling in and buying—when any of these signals appear, I stop and stay calm for 2 hours. It saves you a lot of money.

3) Position sizing is your lifeline. In the early days I went all-in, so during a crash I didn’t even have money left to average down. Now I use a fixed allocation: 50% in USDT for emergencies, 30% in high-quality coins as a base position for long-term holding, and 20% for short-term trades—fast in, fast out. Keep your principal, and you’ll have a chance to turn things around.

4) Don’t indulge fantasies with take-profit and stop-loss. Before, when it dropped 10% I would add more. I kept getting trapped until despair. Now my hard rules are: when it rises 10%, cut half to lock in gains; at 20%, liquidate to switch to a steadier target. When it drops 5%, wait for the logic to stabilize before entering again; when it drops 10%, close the position immediately—no holding and “hoping.” Reflect.

5) Master the base market within 1 week. I joined the scene and blindly bought, losing badly. Later I summed it up into 3 steps: use the daily candlestick chart plus MA10/MA30 to spot support and resistance; if volume increases but price doesn’t, it’s a fake breakout—don’t chase late-day “breakout” coins to catch up to the sector. With this, you understand the market in a week.

6) Build your position like you’re going into battle—enter in batches. I used to put 3,000 yuan in full at once, and the moment an “insertion” spike happened I panicked. Now I start with a 900-yuan base position. If it pulls back to support, add another 900. If it breaks resistance, add 600 more. Keep 600 yuan to handle sudden wick spikes—play the rhythm, not the speed.

The crypto market has never been about gambling on luck. Stick to discipline, and you can go far.

There are many lost souls on the crypto road—I only want to reach those who are willing to save themselves. $BTC $ETH #以太坊L2叙事再升级