Brothers, after 8 years of trading cryptocurrencies, I decided to write this article.
This is not motivational talk, nor is it stock tips, and certainly not bragging.
I just want to organize the blood and tears I’ve experienced over the years into 7 iron rules and share them with you who are struggling in the market.
I have lost, blown up, and come back.
But one thing I am very clear about:
Trading never forgives your recklessness, but it rewards your discipline.
1️⃣ Never enter a trade 'on a hunch'.
Trading without a plan is destined to be repeatedly educated by the market.
Before placing a trade, please answer yourself three questions:
Why do I buy?
Where do I admit defeat?
Where do I take profits?
If there is no answer, do not take action. Otherwise, if you make a profit, it's luck; if you lose, it's the norm.
2️⃣ Be prepared to lose as much as you dare to bet.
Risk control is not an advanced strategy, it’s a survival baseline.
Newbies love to go all in for a chance at quick wealth; but most people don’t even set stop losses, and their account blows up faster than lightning.
In this market, survival is always the top priority.
3️⃣ Greed is your account's biggest enemy.
Seeing others double their money makes you anxious; chasing after a limit up leads to being stuck at a high point.
Don’t fantasize about getting rich all at once; it’s all about rolling with the rhythm.
True big players earn in segments, lock in profits, and earn again. It’s not about greed, but about 'guerrilla tactics'.
4️⃣ Stop blindly copying others.
This market lacks strategies, and it also lacks stock tips.
What you lack is the understanding of your own style.
Can you accept short-term fluctuations? Are you willing to hold long-term? Can you watch the market every day?
Other people's profits are often their 'skilled worksite'; if you try to imitate, you will only be out of place.
5️⃣ Emotions can destroy you more than technical indicators.
Fear, regret, FOMO, revenge trading—each of these emotions can lead you to make the worst decisions.
I have seen too many people lose not because of technique, but because of emotions.
The ability to control emotions determines how far you can go.
6️⃣ There's no rush; making money is a slow process.
Many people want to get rich in a day, but end up losing everything in a day.
I rolled my account from 68,000 to 3 million in two years, not relying on insider information or talent, but just slowly rolling, strictly taking profits and losses.
Remember one thing:
Making 10 bucks is a skill; keeping 10 bucks is true mastery.
7️⃣ One mistake won't ruin you, but the wrong mindset will.
It's okay to make mistakes occasionally; everyone has moments where they stumble.
But if after every trade you stubbornly increase your position, chase highs and lows, and blindly seek revenge—you are not far from zero.
When your mindset collapses, your account will definitely follow.
🧠 Final advice:
The market is always changing, but 'discipline + rhythm + risk control' will never go out of style.
Don't fantasize about surviving on luck.
Those who can truly survive the bull and bear markets never rely on impulse, but on restraint.
Trading is not about looking smart; it's about making money, keeping money, and living with dignity.
Let others gamble; we will follow our own path.
Let’s encourage each other.
—An old player who has experienced three cycles of bull and bear markets.
If you also have a few years of market experience, have suffered losses, and stayed up at night, feel free to comment on what your most painful trade taught you. Let’s grow together.