That year when I got on board with 5k, I witnessed the madness of an account multiplying by twenty times in one night, and also experienced the fear of assets evaporating in thirty minutes.

Eight wallets have been liquidated, and I have missed out on many coins with dozens of times the increase. Being able to hold on until now is not because of good luck, but rather because after several significant losses, I have been forced to establish three ironclad rules.

**Rule 1: The money you earn and keep is the real money**

In the crazy surge of 2017, I held onto my ETH, which had tripled in value, refusing to let go. I thought I would wait a bit longer, but three days later it fell back to the starting point.

Later I learned to be smart: if it rises by 10%, withdraw the principal first; if it rises by 20%, at least take out half. Even if it continues to soar later, I won't look back.

Last year I encountered ORDI, and it surged from $5 to $25. I started selling in batches at $8 and finally locked in 80% of the profits. Some laughed at me for selling too early, but I sleep soundly.

The view from the mountain top is quite beautiful, but the most have died from the cold.

**Article 2: If it needs to be cut, then cut it; don't make it hard on yourself**

The worst time was with LUNA. I heavily invested at 95 dollars, thinking that the big influencers were all promoting it, so it was safe. When it dropped to 30, I added more to average down my cost.

That night, I smoked a pack of cigarettes.

Now I have drawn a red line for myself: any position that loses 15% must be cut. Even if it rebounds right after cutting, I will accept it.

In May of this year, I cut losses three times in the AI sector, watching helplessly as I missed out on a subsequent 30% increase. But when it was halved in June, I managed to avoid it.

Opportunities are like this; if you miss this train, there will be another one. If the capital is gone, then there will truly be no train to catch.

**Article 3: You can recover even after selling at a loss**

Many people saw the price rise after selling, and out of spite, they refuse to buy back. They would rather miss out than lower their heads.

My method is simple: if the price drops back near my cost after selling, I buy back the original amount and make a profit on the difference; if it really skyrockets, I wait for it to return to my selling price and immediately chase it.

Last month I cleared ARB at 1.2, then it consolidated at 1.5 for a week. I bought it back in three batches, and the transaction fees accounted for less than 5% of the profit.

The most expensive thing in the market is not the fees, but that phrase "If I had known."

In recent years, I have seen too many people build high rises, only for them to collapse. Countless contract traders have gone bankrupt and fled, while those who gambled with their funds have lost everything.

Those who survive are the fools who treat rules as their life. The truly skilled traders know how to maintain a sense of clarity amidst the madness.

In the past, I stumbled around in the dark, but now I have a lamp in my hand. The lamp is always on.