The fan I brought, A-Le, once struggled in the darkest corners of the crypto world.
When he reviewed with me, he only left a single sentence: Teacher, during the liquidation period, I lay like a corpse during the day and opened my eyes until dawn at night, with only 10,000 left in my account, feeling completely drained.
I didn’t rush to comfort him, just gave him a stern order: first learn 'don’t die', then think about a comeback.
The following text is my rewritten and refined 'survivor algorithm' based on his real experiences. The core idea remains unchanged, but it has completely transformed into my original expression —
The desire for sudden wealth doesn’t die, but people do.
A-Le used to love fantasizing about going all in and multiplying his investment tenfold, only to find he couldn't even withstand the third wave of a downturn.
I told him: Doubling ten times only gets you 100 times, but 99% of people get liquidated on the third try. If you want to survive, first cure the greed of 'eating the whole fish', only eat the fattest 3%, then run after.
Only choose perpetual contracts for BTC and ETH.
High liquidity, no manipulation, no flashy techniques; it’s about skill, not luck. Initially, A-Le thought it was conservative, but later his account curve showed him: conservatism is the most efficient offense.
Capping at two trades per day, 3~5% profit taking.
I divided his trading periods into 'morning and evening', with a maximum of one trade per session.
Take profit at 3~5% immediately, don’t watch the market, don’t add to positions, don’t fantasize.
Dynamic stop loss + modified Kelly criterion for position control.
In the phase from 10,000 to 30,000, fixed risk at 2%; after 30,000, use my modified Kelly formula:
Position = (Win Rate × Profit/Loss Ratio - Loss Rate) / Profit/Loss Ratio × 0.4
Recalculate every 30% increase, allowing profits to push risks down, rather than emotions pushing positions up.
Emotional isolation zone.
I had him turn off all notifications from trading software, only opening them at fixed times and using an alarm clock instead of constantly watching the market. A-Le said this trick was more effective than any indicator — once a person goes offline, the market can’t bother them.
Three months later, A-Le’s 10,000 grew to 70,000; after six months, over 300,000; today, his account stands firmly at seven figures. The market didn’t particularly favor him; he just first learned 'don’t die', then earned the right to talk about a comeback.
If you are still trapped in the liquidation cycle, remember:
The crypto world is not short of opportunities; what it lacks are players who live long enough. First, master the 'survivor algorithm', and profits will naturally chase after you. @小花生说币