Eight years of experience in the crypto world: from a 30,000 debt explosion to turning 1,500U into 50 million, all thanks to these 9 iron rules

Six years ago, with 30,000 in savings, I dove headfirst into the crypto market. Riding the bull market frenzy, I leveraged heavily, thinking I was the chosen one, and wealth was just around the corner.
But one爆仓, and my account was wiped out instantly. Online loans and debt pressure kept me awake all night, almost leading to a complete collapse.

Later, I started over with the remaining 1,500U, quitting all-in bets, abandoning the fantasy of doubling, and steadily building up step by step. Over six years, I grew from nothing to over 50 million.

There are no miracles—only lessons learned from pitfalls. Here are 9 iron rules I condensed, for friends still struggling in the crypto world:

1. Small funds focus on survival

Don’t be greedy with limited capital. Capture one high-probability opportunity each day, take profits and exit, never over-leverage, and prioritize staying alive.

2. Take profits on good news immediately

Good news often turns into bad news once it’s priced in. If you don’t sell on the day, expect a high open the next day—exit promptly. Never be the bagholder.

3. Avoid risk before major news or holidays

Before big news releases or long holidays, decisively reduce or even empty your positions. Never trade recklessly when the market direction is unclear.

4. Keep medium- and long-term positions light

Talking about faith with heavy positions is empty talk. Light positions help you hold steady and withstand market fluctuations.

5. Short-term trading: quick in and out

Enter only when the trend is clear. Take profits when targets are hit. Stay in cash if no good opportunities arise. Never act impulsively.

6. Follow the market rhythm

Slow gains and slow corrections, sharp rises and sharp drops—don’t fight the market with your fantasies.

7. Cut losses immediately

Cutting losses isn’t giving up; it’s survival. When at a loss, sell decisively to preserve capital for a comeback.

8. 15-minute candlestick charts are enough

No need complicated indicators for short-term trading. Use 15-minute charts to read the rhythm. Simple execution beats everything.

9. Ultimately, mindset matters

Technical analysis sets the profit floor; emotions determine how far you can go. Control your mindset to protect your profits.

Becoming a qualified trader isn’t about overnight riches but about managing positions, sticking to stop-losses, and maintaining emotional stability.

The crypto world is never short of overnight wealth myths. What’s missing is discipline and the ability to survive until the end.

The market is always there—take it slow, and you’ll go further.