Last autumn, a fan named Xiao Kai found me: "Bro, I really can't take it anymore."

He is a programmer born in 1997, earning 20,000 a month, but during the last bull market, he lost his four years of savings of 370,000 down to only 90,000. His credit card was maxed out, and he had to borrow for rent.

I didn't talk about strategies, I just asked him to send me his trading records over the weekend.

Amid the alternating red and green, it was all a cycle of "buying high → correction → cutting losses."

Xiao Kai covered his face: "I thought I could run fast, but I ended up stuck at the mountain top every time."

I said one thing:

"From today on, forget about doubling your money, first learn to lock every loss at 5%."

Step 1: Practice 'not losing'

I had him use a simulation account to only open positions of 2%, with a stop loss of 3%.

In the first week, he was continuously stopped out, and it hurt him deeply.

In the second week, he was surprised to discover: the account wasn't in the red, but it also wasn't bleeding anymore.

"So not losing is actually making money," he truly believed for the first time.

Step 2: Only pick the 'dead' mainstream

I had him focus on BTC, ETH, SOL, and BNB, and not look at new coins.

The only condition: after a deep drop on the daily chart, it must consolidate with trading volume reduced to below one-third of the previous level.

If conditions were met, first establish a 10% base position, set a 5% stop loss, then turn off the computer and go to sleep.

Xiao Kai muttered while placing orders: "This is much easier than staring at candlesticks."

Step 3: Add on the right side, not by guessing

If it breaks above the 20-day line and pulls back without breaking it, then add a 20% position.

When Xiao Kai added his position for the first time, his palms were sweaty, but later he laughed:

"So waiting for the trend to come out before chasing is way more reassuring than trying to catch the bottom."

Step 4: Bring the money home

Every time there’s a rise, first withdraw the principal and half of the profits to the bank card.

On the day he withdrew money for the first time, he sent me a screenshot of the SMS notification:

"Bro, I felt for the first time that numbers turned into real money."

By the end of the year, he had withdrawn profits twice: once to buy his mom a full set of appliances, and once to buy himself a second-hand electric bike.

The remaining positions in his account fluctuated with the market, but he slept better than ever.

People often ask in the background: "Where's the next hundredfold coin?"

I uniformly respond:

"First lock every loss at 5%, then talk about profits.

The cryptocurrency world doesn’t lack smart people; it lacks the foolish ones who are willing to slow down and bring profits home."