"Touch the contract again and cancel the account directly!" Three years ago, on the balcony of a rental house, I stared at the diving K-line and said such cruel words. At that time, the 820,000 yuan in the account was directly returned to zero, and even the mobile phone case was broken, and the next half month of eating instant noodles had to be counted. Whoever wants to get it, just rely on the remaining 1,000 U to start over, and I actually made my account 870,000. No one may believe it: in this market, being a little cowardly is an advantage. Living a long time is more important than running fast.
Over the years, I have seen too many legendary stories and received countless private messages asking for help after liquidation. To be honest, this market is not a place of courage at all, it is a place of desperation - fighting for whose life is harder. Most of those ruthless characters who shout "allin changes fate" every day end up becoming someone else's ATM. It's someone like me who has learned to be soft, and I've stumbled all the way to the present.
At the beginning of last year, when I only had 1,000 U's in my pocket, I set a few dead rules for myself. Looking back now, these rules have saved me more than once:
**Article 1: Funds must be split, and a single bet is controlled at the "pocket money" level. ** I directly divided the 1,000 U's into 10 parts, each managing it independently. I use up to 4 of them each time I open a position - even if this order is wiped out, I still have 60% of the capital in my hand to turn over. The remaining 6 shares are all put into wealth management products to eat interest, although the annualized rate is only 4.2%, but it is also a sum accumulated. When the market is bad, interest alone is enough for me to last for a while. Don't think this trick is conservative, last year a friend didn't listen to advice and put more than 200,000 yuan on ETH, but it was directly cleared in the event of a flash crash.
**The second one: The stop loss line is engraved in the mind, and the red line is lost and leaves immediately. ** I set a stop loss before each position, usually 15% of the principal. As long as it is triggered, regardless of whether it will rebound later, I will force the position to close. This habit helped me avoid the trap of "wait a little longer and get back your money" several times. Many people just die on this "wait a little longer" - the market will not turn because of your expectations.
**Article 3: Income is safe, don't let floating profits turn into floating losses. ** As long as the single profit exceeds 30%, I will withdraw half of the profit and continue to play the rest. In this way, even if the market reverses later, at least the transaction is profitable. Last year, there was a wave of market, and my ETH position floated to 60%, and I directly withdrew 35% of the profit. Later, there was a pullback, but I was very stable - because the money was already in my pocket.
Looking back now, the biggest gain in the past three years is not how much money I have made, but learning a truth: in the crypto market, admitting cowardice is not a shameful thing, it is a kind of survival wisdom. Those who survive to the end are often not the smartest, but the ones who can control the risks. The market is always there, and opportunities are always there, but the principal is gone, and everything is zero.
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"Touch the contract again and cancel the account directly!" Three years ago, on the balcony of a rental house, I stared at the diving K-line and said such cruel words. At that time, the 820,000 yuan in the account was directly returned to zero, and even the mobile phone case was broken, and the next half month of eating instant noodles had to be counted. Whoever wants to get it, just rely on the remaining 1,000 U to start over, and I actually made my account 870,000. No one may believe it: in this market, being a little cowardly is an advantage. Living a long time is more important than running fast.
Over the years, I have seen too many legendary stories and received countless private messages asking for help after liquidation. To be honest, this market is not a place of courage at all, it is a place of desperation - fighting for whose life is harder. Most of those ruthless characters who shout "allin changes fate" every day end up becoming someone else's ATM. It's someone like me who has learned to be soft, and I've stumbled all the way to the present.
At the beginning of last year, when I only had 1,000 U's in my pocket, I set a few dead rules for myself. Looking back now, these rules have saved me more than once:
**Article 1: Funds must be split, and a single bet is controlled at the "pocket money" level. **
I directly divided the 1,000 U's into 10 parts, each managing it independently. I use up to 4 of them each time I open a position - even if this order is wiped out, I still have 60% of the capital in my hand to turn over. The remaining 6 shares are all put into wealth management products to eat interest, although the annualized rate is only 4.2%, but it is also a sum accumulated. When the market is bad, interest alone is enough for me to last for a while. Don't think this trick is conservative, last year a friend didn't listen to advice and put more than 200,000 yuan on ETH, but it was directly cleared in the event of a flash crash.
**The second one: The stop loss line is engraved in the mind, and the red line is lost and leaves immediately. **
I set a stop loss before each position, usually 15% of the principal. As long as it is triggered, regardless of whether it will rebound later, I will force the position to close. This habit helped me avoid the trap of "wait a little longer and get back your money" several times. Many people just die on this "wait a little longer" - the market will not turn because of your expectations.
**Article 3: Income is safe, don't let floating profits turn into floating losses. **
As long as the single profit exceeds 30%, I will withdraw half of the profit and continue to play the rest. In this way, even if the market reverses later, at least the transaction is profitable. Last year, there was a wave of market, and my ETH position floated to 60%, and I directly withdrew 35% of the profit. Later, there was a pullback, but I was very stable - because the money was already in my pocket.
Looking back now, the biggest gain in the past three years is not how much money I have made, but learning a truth: in the crypto market, admitting cowardice is not a shameful thing, it is a kind of survival wisdom. Those who survive to the end are often not the smartest, but the ones who can control the risks. The market is always there, and opportunities are always there, but the principal is gone, and everything is zero.