From the first liquidation in 2015 to now, over the course of ten years, I have personally bid farewell to 17 projects that went to zero, and I have fortunately run alongside 3 mythical thousand-times returns. Today, I will share the heartfelt truths that I have kept hidden, these 8 bloody lessons. Understand them and go to the market to verify with real money; don’t let them just pass by your ears.

1. Quality over quantity; the position hides true skill.

If your principal is less than 100,000, focus intently on the leader of one track; within 300,000, at most layout two tracks; and a maximum of four tracks for 500,000. Exceeding this number means you are not investing but paying salaries to project parties.

2. The market is never wrong; you are.

K-lines, positive news, AMAs—these are tools to increase win rates, not to make you a market prophet. In a downtrend, every rebound is an escape window; in an uptrend, every pullback is a chance to enter.

3. Popularity is the real ATM.

90% of the time, the market is as calm as water; the only time the account balance fluctuates significantly is during the 10% of the time when emotions are boiling. If there’s no trading volume, no hot narratives, and you’re not trending, just turn off your computer. A hunter only pulls the trigger when the prey is in a pack.

4. Stop-loss is the bottom line; taking profits is an art.

When losses reach the preset level, you must act decisively; when in profit, keep adjusting the stop-loss price upwards so the profit can run on its own.

5. Be decisive when buying; sell faster than lightning.

When you see a certain opportunity, place the order within 3 seconds; if you sense something is off, cut your position within 1 minute.

6. Before increasing your position, close your eyes and ask yourself one question.

“If I were currently in cash, would I still want to dive in at this price?” Only if you say “go” without hesitation can you press the add position button.

7. Don’t waste your life on 5-minute K-lines.

Constantly watching small-scale movements and entering and exiting will only turn your principal into transaction fees. What can truly change your status is having the courage to hold through a weekly trend and sleep soundly.

8. Bottom-fishing is a hell-level challenge.

The 20% of winners in the market never actively bottom-fish; they only wait for right-side signals to confirm, and chasing up is much safer than catching falling knives.

This industry is never short of smart people; what it lacks are smart people who can survive.

If you find these experiences enlightening and want to learn more survival tips in the market, feel free to follow @Air 安叔 .