1. Liquidation at four o'clock: When the gambler's mentality meets market punishment.
In this meat grinder of the crypto space, I was once the most typical negative example—using 150,000U of principal to gamble on contracts, like a naive kid carrying a gasoline can into a casino. The most brutal morning saw Bitcoin's waterfall break the forced liquidation line, and my account instantly flipped from 50,000U to owing 8,000U, with the screen's green light reflecting the flickering of cigarette butts, until dawn revealed that the ashtray had piled into a small mountain. When my account was left with only 3,000U, I stared at the balance and suddenly understood: all previous losses were punishments for treating trading like a gamble.
2. Four lifelines for a comeback: the transformation from gambler to disciplined trader.
1. Position rule: Always only bet one-third of your chips.
Set a 'one-third rule' for yourself: use no more than 1/3 of your principal for each trade, and immediately stop for 24 hours after two consecutive losses. Just like a casino dealer never goes all in, I once lost two trades during the ETH crash and decisively stopped for three days, then seized the rebound using the remaining funds to double my investment. This 'stop-loss valve' mechanism has kept my 3000U principal from ever dropping below 2000U.
2. Entrance rule: Only fire in a 'safe zone' that you are familiar with.
Delete all apps that show gain lists, and only focus on the 4-hour K-line of BTC and ETH. I once saw a newcomer call a certain altcoin's surge while I watched it jump from 0.1U to 1U, but I stubbornly entered during the BTC correction range—later that coin fell back to 0.05U in three days. The market offers temptations every day, but remember: missing 100 opportunities won't bankrupt you, but missing one could lead to zero.
3. Profit-taking rule: Cut losses and exit when profits reach 30%.
Set a 'trailing stop-loss': when a trade's profit exceeds 30%, immediately close half of the position, and set the remaining position's stop-loss at the break-even point. Once, when BTC rose from 40,000U to 45,000U, I took profit at 43,000U for half and preserved profits when it later corrected to 41,000U. This tactic is specifically designed to combat 'greed', as the crypto space is never lacking in opportunities, but what is lacking is capital that can repeatedly earn money.
4. Hedging rule: Use spot to hedge contract risks.
The key turning point: Learn to use 'spot long + contract short' to lock in positions. When BTC was fluctuating at 50,000U, I bought 1000U in spot and simultaneously opened a 500U short position; no matter the rise or fall, I could profit from the volatility. This 'integrated offense and defense' strategy allowed me to not only avoid losses in the subsequent waterfall market but also roll my 3000U up to 8000U.
Three, from 3000U to 150,000U in 60 days: Discipline is worth more than technology.
In the first month of executing the strategy, I only made 50-100U a day, like an ant moving its home; until the ETH merger market exploded, I used 10,000U of principal to bottom fish in spot at 1600U, took profit at 1900U for half, and hedged the remaining position with 2x leverage, making 30,000U in three days. Two months later, when my account broke through 150,000U, I realized: the 150,000U I once lost was all tuition paid for having 'no discipline'.
Now my account stabilizes above 200,000U, and before each trade, I ask myself three questions: Is my position too large? Does the entry logic hold? Have I calculated the profit-taking point correctly? This method is not suitable for gamblers who want to get rich overnight, but if, like me, you've been knocked down by the market to the point of questioning life, remember: those who survive in the crypto space are never the smartest, but the traders who know how to restrain their desires.
(Note: Newcomers should not imitate lever operations; start with regular investments in spot; discipline is the first rule of survival.)
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like and comment; Sister Yu will lead you to navigate the bull market and seize this major opportunity!
