In the past few years in the crypto world, I have seen too many tragedies that make one feel heavy in the chest: college students taking out loans with 100x leverage, and after liquidation, collection calls went to their counselors; a delivery guy mortgaging his only house to add margin, only to almost sell his electric bike; a single mother maxing out three credit cards to hold onto her position, even borrowing money for her child’s formula...


In fact, debt is not scary; what’s scary is using a gambler's mindset to fill the hole — the more urgently you try to recover, the easier it is to fall into a deeper pit. Today, I share with you my experiences from the past few years in helping people clear their debts. Contracts are inherently high-risk battlegrounds, and if you can’t manage them, it’s better to live a normal life; daily necessities can still be fulfilling.

Step 1: Cut off the 'toxic source of funds', don’t let the debt snowball.

The root of debt is often not losing money, but a vicious cycle of 'robbing Peter to pay Paul'. I have seen a brother who initially lost 50,000, borrowed from online loans to recover, but ended up losing more and more, eventually accumulating 300,000 in debt. The first step to clearing debt is to cut off the source of borrowing:


Immediately stop using all lending tools: freeze all credit, credit cards, and online loan apps, and reduce the limits to the minimum. Don't believe 'using new debt to repay old debt will help you recover'; operations under high pressure will definitely deform — you will take high-risk bets out of fear of default and hold onto losing positions out of urgency to repay, ultimately losing control completely.

Last year, I guided a single mother who initially often secretly used credit cards to add margin, but I forced her to stop. She said: 'The moment I turned off the online loans, although the pressure was huge, I felt more at ease, no longer needing to calculate interest daily.' Later, she gradually cleared her debt through stable operations, realizing: not borrowing means at least not losing more.

Step 2: Establish a 'safe warehouse', give your funds a life jacket.

No matter how much principal you have left, even if it's only 2000U, you must split your funds according to this ratio; this is the bottom line for survival:

  • 20% U-based contracts: Only open 1-3 times leverage (absolutely do not touch 5 times or more), with each position not exceeding 30% of this part of the funds. For example, with a principal of 2000U, contract funds of 400U, the maximum single trade is 120U; even if liquidated, you will only lose 120U, not harming the foundation.

  • 50% Spot: Prioritize buying mainstream coins like BTC and ETH; don’t touch altcoins. If spot drops, there is still a chance to rise back, but if altcoins drop, they might truly go to zero. Last year in the bear market, a brother bought BTC with 50% of his position, and even though it dropped 30%, after the rebound this year, he not only broke even but also made 20%.

  • 30% Stablecoin investment: Put it into decentralized financial platforms (for example, with an annualized return of 5%-8%); this part of money is 'emergency grain' and should not be touched unless absolutely necessary. Even earning 1 cup of milk tea daily is better than losing it.


Remember: during the debt period, high leverage is poison. 100x leverage may seem fast to earn, but with a 1% fluctuation, it can lead to liquidation; you simply can't withstand the normal fluctuations of the crypto world.

Step 3: Quick in and out, use 'small steps for steady wins' to smooth out debt.

Clearing debt is not about becoming rich overnight, but about earning small amounts of money daily, accumulating little by little. My summarized 'hotspot quick attack strategy' is suitable for debt clearance operations:

  • Only do 1-3 trades a day: Focus on small-scale market movements every 5-15 minutes, and do not hold long positions. The crypto world fluctuates quickly, and small scales are more likely to catch waves while avoiding staying up late and harming your health.

  • Choose the right cryptocurrencies: Select mainstream coins with a daily volatility greater than 5% (such as BTC, ETH, SOL); if the volatility is too low, you won’t make any money, and if it’s too high, you might easily fall into traps. Avoid altcoins that suddenly rise more than 10%; they are likely to be traps.

  • Dead Stop Loss and Take Profit: Set a stop loss of 1-2% when opening a position (for example, if buying long, cut immediately if it drops 2%), and a take profit of 2-5% (sell half when it rises 3%, keep the other half to watch the trend). Don't be greedy for 'a bit more rise', and don't take chances on 'it will rebound'; mechanical execution is more important than anything else.

  • Stop after making more than 5% daily profit: For instance, with a principal of 2000U, if you make 100U daily, close the computer and don't think about 'taking advantage of good luck to make more'. Last year, a single mom relied on this rule, earning 30-50U daily, and paid off 380,000 in debt in 6 months.

Deadly taboos: touching these 4 things will surely lead to failure in debt clearance.

During a debt period, any mistake could make you start all over again. These 4 red lines absolutely cannot be crossed:


❌ Prohibit holding positions for more than 4 hours: Recognize losses and don’t hold positions for more than 4 hours; a mindset collapse often leads to liquidation. I’ve seen a delivery guy hold a position for 3 days, from losing 5% to losing 50%, almost losing his house.
❌ Prohibit trading between 22:00-2:00: This time period has the largest fluctuations in the crypto world and is the easiest to get spiked; staying up late leads to unclear thinking and doubles the error rate.
❌ Prohibit operating more than 2 cryptocurrencies at the same time: Multi-currency operations can be distracting and lead to missing opportunities, resulting in poor performance across the board. Focusing on one mainstream coin is 10 times more reliable than randomly trading 3 altcoins.
❌ Prohibit opening positions when emotions are high: After arguments, staying up late, or losing money, never touch contracts; 90% of your decisions at this time will be wrong. You can set a 'cooling-off period': force yourself not to operate for 1 hour when feeling emotionally unstable.

Finally, I want to say: the fairest thing in the crypto world is that 'in front of discipline, all beings are equal.'

I have seen single mothers pay off 380,000 with 2000 dollars in 6 months, relying not on luck, but on consistent small daily profits; I have also seen rich kids with 1 million in principal use 100x leverage to chase altcoins, ultimately turning 911 into a Meituan delivery, losing not just money, but discipline.


The core of clearing debt has never been about 'getting rich', but about using mechanical trading to smooth out the debt curve — earning a little daily, not being greedy or gambling, and the debt will slowly decrease like an hourglass. If you are currently trapped in debt, don’t panic; first cut off borrowing, build a safe warehouse, and slowly earn with small trades.

The crypto world has never been just a path for 'gamblers'. Keep to the discipline; even if you earn 100U daily, you can walk out of the abyss. Remember: only those who can manage risk are qualified to talk about profits.

Making money in the crypto world doesn’t rely on mysticism but on thoroughly understanding simple techniques and having rules as your foundation, enabling you to step less into pitfalls and enjoy more profits in short trades. Follow @钱包守护者 for more simple and practical operational skills, making technology your foundation for earning money.