Better miss than err. Safety first!

Six Major Survival Rules in the Cryptocurrency World + Three Ironclad Rules
1. Reject High Leverage: Altcoins with leverage over 5x and mainstream coins over 10x are prone to liquidation; a 20% (altcoin) or 10% (mainstream coin) fluctuation can lead to a total loss. When ETH plummeted 15%, a 10x leveraged trader was liquidated immediately, while a 5x leveraged trader still had some buffer space.
2. Do Not Trade Against the Trend: Trends are like flowing water; operating against the trend carries extreme risk. During the BTC uptrend in 2023, many short sellers were liquidated due to forced liquidations, while wise traders preferred to “miss the opportunity rather than trade against the trend” to avoid risk.
3. Trading Must Be Logical: Technical patterns should be combined with fundamentals. There were cases where individuals chased altcoins based on MACD golden crosses, but ignored the high sell-off data from the project party. It requires comprehensive analysis of information, on-chain data, etc.

Six Major Survival Rules in the Cryptocurrency World
1. Only Participate in Irreversible Uptrends: Trends driven by macro policies are more reliable. For instance, the central bank's digital currency layout in 2024 could boost BTC's long-term market, and following the trend can reduce volatility losses.
2. Reject Frequent Trading: Transaction fees erode profits. With a 0.1% fee per transaction and 5 trades a day, the annual fee can reach 127% of the principal, necessitating patience for precise opportunities.
3. Do Not Blindly Trust Technical Indicators: Indicators are lagging; in 2023, a certain DeFi token surged 300% after consolidating in the RSI overbought zone, and indicators should only serve as supplementary verification.
4. Forget the Cost Price: Position decisions should be based on trends rather than costs. An investor ultimately faced liquidation on ETH for “saving on fees” by not stopping losses; upon breaking support levels, one should decisively exit.
5. Invest With Spare Money: Borrowing to trade cryptocurrencies carries deadly risks. In 2024, an investor borrowed 500,000 USDT with 20x leverage and faced liquidation and debt after a 10% drop in BTC; it is advisable to participate with idle funds.
6. Withdraw Profits Timely: Digital wealth is not real income; in 2023, a user with an 8 million USDT account lost 70% of profits for not withdrawing, and it is recommended to withdraw 30%-50% of profits each round.

Real Trading Logic and Human Nature Testing
The myth of the cryptocurrency world stems from “anti-human” discipline: small fund holders are prone to “small gains and large losses,” while large fund holders often suffer from “gain and loss anxiety.” The core of skilled traders lies in strict adherence to strategies, controlling risks through stop-loss and take-profit measures. As traders say: “Do not chase extremes; only make money within your cognitive limits.” In an all-weather market, survival depends on making fewer mistakes rather than achieving high returns.

Conclusion: The cryptocurrency world is a battlefield of human nature; diversifying holdings and controlling leverage is the foundation of survival, while following trends and discipline is key to advancement. First seek long-term survival, then strive for sustainable profits.