Stop fantasizing that the crypto space is a money-making factory.

You think you are investing, but you are actually standing at the entrance of a casino.

Trading cryptocurrencies is, to put it simply, a game where "smart people harvest the greedy." To survive, you need to understand some real principles.

Old He has been in the circle for many years, and these few survival rules are as essential as life itself. Follow them, and while I can't promise you will get rich, at least you won't go to zero:

🔸 1. Don't run out of bullets; staying alive gives you the chance to turn things around.

Going all in? Do you think you are the reincarnation of Buffett?

The most common mistake during a bull market is using up all your opportunities.

Practical advice: Build your position in batches, add to your position on pullbacks, take profits on spikes, and holding onto your gains is the way to win.

🔸 2. News release = last train; don't be the last mouse.

Anyone who rushes in as soon as news of "cooperation" or "ecosystem progress" is announced will end up being the one left holding the bag.

Remember: Set your traps before expectations are met, and run as soon as the news breaks.

🔸 3. Reducing your position before holidays is more important than accompanying your mother-in-law.

The pre-holiday drop is a "traditional skill" that is more stable than Bitcoin's volatility; smart people leave early.

🔸 4. Don't fear sharp drops; what you should fear is a silent decline.

A rapid drop with high volume is often just a shakeout; opportunities are hidden in the blood. In contrast, a slow drop tests your psyche, making it easier to exit.

🔸 5. Stop-loss is not giving up; it's recognizing reality.

Those who don’t set stop-losses in crypto trading end up writing epitaphs on the blockchain.

Iron rule: Cut losses at 5%, and don’t hesitate beyond 10%.

🔸 6. One candlestick doesn't determine life or death; three strategies determine fate.

High volume means prices can rise; don’t chase on low volume.

Trends determine direction; if you go against the trend, prepare to get crushed.

Discipline determines destiny; only by daring to cut losses can you have the chance to profit.

Real huge profits come not from going all in, but from "patiently building positions in a pyramid structure."

Understand position control, and you can survive; not understanding it will lead to tears.

Doubling your money in a bull market is not surprising; the key is whether you can carry your capital through cycles.

Making money in the crypto space has never been about luck, but rather about the few who understand the market trends.

Follow Old He, don’t be a chump, just be the scythe.