Four years ago, one early morning, I was awakened by the exchange's red liquidation alert. In just three hours, my account went from 8 million to zero. I stared at that fluctuating negative number, feeling like I was nailed to a cross in reality.

Afterward, I started reviewing, summarizing, and asking friends. I borrowed 200,000 to get back on track. After 90 days, using a method with a 90% win rate, I grew my capital to 30 million. The process was extremely painful, but it led to the five 'iron rules' I have today.

Whether you are new to the field or currently trapped, please make sure to engrave these in your heart.
Iron Rule One: Trading cryptocurrencies is not gambling; it is a battle—there must be a 'risk control system.'

The cryptocurrency market is not a casino; it's a battlefield.

A true trader is a warrior, equipped with 'armor' and a 'retreat route.'
You need to learn risk control in position building:
Perpetual contracts ≠ gambling tools

No matter how high the leverage, as long as the position is light and the stop loss is clear, the risk remains low.

Using 100x leverage with only 1% of capital for opening positions and 99% for risk buffering actually reduces risk.

For example, with my own 5,000 U capital, I only open positions of 20 contracts or less, set a trailing stop loss for a 2% floating profit, and keep my stop loss under 3%. I operate for only 2 hours a day; stable emotions surpass everything.

What truly destroys people is not the market, but your lack of risk control and refusal to admit mistakes.

Iron Rule Two: Emotions are not a strategy; discipline is the way out.
Retail investors lose money; 90% die from chasing highs and cutting losses.

Seeing a coin rise makes them afraid of missing out, leading to reckless bets; seeing a coin fall makes them fear it will go to zero, leading to panic selling overnight.
Don't act on impulse at the moment:

Before buying, write down 'at what price to buy, where to set the stop loss, and how much profit to take.'

Increase positions when profitable, reduce positions when losing, and never average down.

Don't look at K-lines to move yourself; only observe 'trading volume' and 'structural changes.'

The truth of price fluctuations is written in the trading volume. Only with volume is there price; without volume, there is bound to be decline.

Iron Rule Three: Only trade the logic you understand; do not chase trends or emotional coins.

Don't be tempted by the 'myth of getting rich in the crypto world':

The projects that rise the most also fall the hardest.

Following trends is not as good as focusing on mainstream coins you are familiar with and techniques you understand.

Do not touch coins that lack independent logic.

If you don't understand sector structures, don't buy counterfeit coins for a rebound.

Bitcoin itself hasn't changed, but its price can rise from 15,000 to 70,000, and can also fall back to 15,000. This is not a 'change in value'; it's a change in market sentiment.

What you really need to learn in trading cryptocurrencies is to 'understand sentiment.'

Iron Rule Four: No averaging down, no holding onto positions, no nostalgia for past prices.
The first step to losing money is averaging down.

Averaging down is 'an emotional desire to break even,' not a strategy.

If your position is wrong, you should stop loss, not average down.

The mindset of wanting to break even will destroy your remaining capital.

Trading is always about 'process management,' not 'result fixation.'

Being trapped is due to not stopping loss; liquidation is due to stubbornness.

What you lose is not money; it's rationality.

Iron Rule Five: Master one model, and expand only after stabilizing.

What beginners fear the most is not inability, but greed leading to chaos and imitation:
Understand one market feeling, one technique, and one model thoroughly first.

Don't study MACD today, Elliott Wave tomorrow, and chase on-chain data the day after.

Mastering one method is far more efficient than blindly chasing.

Trading cryptocurrencies is not scientific research; you don't need a plethora of skills. You just need a workable system and to repeatedly use it to make money.

Market conditions are unpredictable, but your strategy must be simple, repeatable, and executable.

Epilogue: Remember, you do not become rich from a single strike; you survive through discipline.
You can earn big money not because you caught a market wave, but because you endured many crashes, resisted numerous temptations, and avoided many impulsive decisions.

When in loss, control your emotions; when in profit, control your greed.

The end of trading is 'managing human nature.'

Summary (suggest to screenshot and save)

The five iron rules of trading cryptocurrencies:

Risk control first, manage positions, and set clear stop losses.

Plan your trades, do not make decisions based on feelings.

Only trade the logic you understand; do not chase trends.

No averaging down, no holding positions; stop losses when losing.

Focus on one strategy; achieve stability before expanding.

These five points are the 'life-saving experience' I gained from an 8 million liquidation.
Click on the profile picture to follow Ziheng for continuous sharing.....

#币安Alpha上新 #以色列伊朗冲突 #鲍威尔发言