Here's a true story. I have a friend who, two years ago, threw 200k yuan he had saved for over three years into the crypto space.

But good luck is fleeting; in the second week, the market suddenly turned downward sharply. He refused to admit his mistake, holding onto the idea of averaging down and kept adding to his position.
In just three weeks, his 200k yuan principal shrank to less than 50k.
This money was his family's emergency fund, and he didn't dare tell his wife.
He suffered sleepless nights for half a month, often sitting alone in the living room until dawn, even contemplating extreme measures like borrowing online loans to buy more coins and recover losses.
Fortunately, his rationality ultimately overcame greed, and he didn't take that step.
Afterward, he realized: losses are never due to bad luck, but because ignoring the fundamental rules of the market and trading impulsively based on instinct.
Later, I taught him the six simple rules I’ve followed for years—no advanced techniques, just straightforward methods.
Now he’s already recovered his losses, with stable profits, and no longer lets the market sway his emotions.
A straightforward summary for all retail investors in the crypto space:
① Avoid all-in bets, diversify holdings in batches to resist unilateral downturn risks;
② Never hesitate to cut losses—holding on only deepens losses, exiting timely is survival;
③ Stay away from social groups that hype calls—most are traps for buying at high prices;
④ Control market emotions—avoid the instinct to chase rises and sell at dips;
⑤ When the market is chaotic, stay in cash and observe—doing nothing is better than reckless action;
⑥ Only trade with idle funds—never use debt or living expenses—stability of mindset is the key to profit.
If you want to avoid pitfalls steadily and earn profits gradually, don’t try to navigate the crypto world alone in the dark.
Keep up with the rhythm. $BTC