Ten years of trading cryptocurrencies, using millions in tuition fees to ensure survival in the brutal cryptocurrency market.

First Rule: Never leverage over 20%

No matter how confident you are in the market direction, the leverage on a single trade must not exceed 20%. The lessons from multiple liquidations ten years ago taught me: leverage is a double-edged sword, high leverage is certain death.

Second Rule: Strict position control

Single trades should not exceed 5% of total funds, and individual cryptocurrency holdings should not exceed 20%. This way, even when facing a black swan event, we can ensure that we won't suffer catastrophic losses.

Third Rule: Stop-loss without hesitation

Set a hard stop-loss line at 8%, and once it is hit, stop-loss immediately, never indulge in hope. Countless lessons show that a hopeful mindset is the root cause of expanding losses.

Fourth Rule: Take profits in batches

After reaching the target return, take profits in three batches: take 1/3 profit at a 50% increase, take another 1/3 at 100%, and let the remaining 1/3 run. Overcoming greed is essential to preserving profits.

Fifth Rule: Only invest in projects you understand

Never invest in projects you do not understand. Before investing in any cryptocurrency, you must personally read the white paper, analyze the technical architecture, and investigate the team's background.

Sixth Rule: Focus on mainstream coins

Asset allocation follows the "60-30-10" principle: 60% Bitcoin, 30% Ethereum, and 10% for other explorations. Holding onto the mainstream is key for longevity.

Seventh Rule: Cold storage is king

Large assets should always be stored in hardware wallets, leaving only a small amount of trading funds on exchanges. If it’s not your private key, it’s not your coin.

Eighth Rule: Stay away from contract trading

Absolutely do not engage in short-term contract trading. Practice has proven that frequent trading not only has a low success rate but also consumes a lot of time and energy.

Ninth Rule: Maintain cash flow

Always keep 20% of your cash position, so you can seize opportunities when they arise and calmly respond during crises.

Tenth Rule: Life is greater than trading

Never let trading affect normal life and physical health. Daily trading time should not exceed 2 hours, and never look at the market on weekends.

These rules may seem simple, but each one is a hard-earned lesson. It is the strict adherence to these disciplines that has allowed me to transition from the early ups and downs to stable profits today. In the cryptocurrency space, discipline is often more important than technique.

Once, I was stumbling alone in the dark, now the light is in my hands.

The light is always on, will you follow? @币来财888