Debt Clearing Quick Guide in the Crypto World: Core Methods from Debt to Recovery

There are too many tragic debts in the crypto world: online loans, leveraged trading, collateral asset top-ups, carrying positions with credit cards... Debt is not the fear, but the gambler's way of filling the hole is. Here are the core methods for debt clearing. If you cannot manage high risk, it is better to live a stable life.

1. Cut Off the "Source of Financial Poison" to Stop the Debt Snowball

Many debts arise from "robbing Peter to pay Paul." The first step in clearing debt: immediately freeze Huabei, credit cards, and online loan apps, reduce limits, and cut off borrowing. Don’t believe in "new debts to ease old debts"; under pressure, one will definitely take heavy risks and stubbornly hold on, which will only lead to greater losses. Stop borrowing to at least avoid deeper traps.

2. Build a "Safety Warehouse" to Give Funds a Life Jacket

Even if you only have 2000 U, allocate it wisely:

20% contracts: 1-3 times leverage, single position ≤30% (for example, with 400 U contract funds, the maximum single order is 120 U); 50% spot: buy mainstream coins like BTC, ETH, avoid altcoins (spot has a chance of rebound, altcoins are likely to go to zero); 30% stablecoin investment: place on platforms with 5%-8% annual returns as "emergency supplies," keep it untouched, earning some pocket money is better than losing.

High leverage is a poison during debt periods; 100 times leverage can explode with just a 1% fluctuation, unable to withstand volatility.

3. Quick Entry and Exit, "Small Steps to Win" Clear Debt by Earning Small Amounts Daily:

1-3 trades per day, focus on 5-15 minute small market movements, do not hold long positions; choose mainstream coins with volatility >5%, avoid sudden surges of 10%+ in altcoins (often a trap); set 1-2% stop loss and 2-5% take profit, stop trading if profit exceeds 5% (for example, if you earn 100 U per day from 2000 U, then stop).

4. Deadly Taboo: Touching Guarantees Failure ❌ Holding positions for over 4 hours: mindset will collapse, easy to explode;

❌ Trading between 22:00-2:00: large volatility, high error rate;

❌ Operating more than 2 coins simultaneously: distraction leads to losses;

❌ Opening positions when emotional: decisions made after arguments or sleepless nights are 90% wrong, set a 1-hour cooling-off period.

Finally: Discipline Determines Success or Failure. Some people clear 380,000 debts in 6 months with 2000 USD, relying on daily small trades; some lose everything with 1 million and high leverage, failing due to lack of discipline. Clearing debt doesn’t rely on getting rich quickly, but on mechanical execution: earn small amounts daily, don’t be greedy or gamble, and debts will reduce. If caught in debt, don’t panic, cut borrowing, build a safety warehouse, earn slowly with small trades, and maintain discipline to eventually recover.

Follow @钱包守护者 for more tips to help you recover~