“My life is over.”

On the day of the first frost last year, a message popped up in the background, accompanied by a screenshot of a liquidation. 23-year-old Akai lost 85% of his parents' saved down payment in just three days.

I didn't advise him to add to his position, nor did I offer any motivational talk, I simply replied:

“Turn off your phone, go downstairs and run five kilometers, then we'll talk.”

Five years ago, I was just like him, staring at the red and green candlestick charts at three in the morning, my heart racing. With a capital of 100,000, I managed to triple it at one point, only to lose it all in one night. The first lesson I learned that day: in the 7×24 hour cryptocurrency casino, staying alive is always more important than becoming wealthy overnight.

After running, Akai returned online, panting. I asked him to do three small things:

1. Leave all groups that have "wealth passwords";

2. Delete all trading software except for one, keeping only the daily chart;

3. Cut his watchlist down to just three data sources.

Real signals only appear once or twice a year. Early this spring, the regulators made a sudden move, the market wailed, and mainstream coins collectively halved in value. I sent a message in the group: "Pick up the bloodied chips in batches."

Akai followed my advice, adding to his position with every dip, and after nine months, he gradually took profits, his account rebounding fourfold.

In the summer, when the market broke through previous highs, he was eager to go all in. I held him back: "Wait for three consecutive bullish weekly candles." When the signal finally appeared, we entered the market on the right side, paying 20% more than the bottom, but we could sleep soundly.

Taking profits is harder than buying the dip. When a certain public chain doubled from a low position, he got greedy and wanted to sell everything at once.

I advised him to break it down into three parts:

· First wave: withdraw the principal;

· Second wave: lock in half the profit;

· Third wave: hold with zero cost.

Now that candlestick has risen another 60%, and he is still in the game. In nine months, Akai's account grew from 30,000 to seven figures. Last week, he treated me to hotpot and raised his glass, saying: "It turns out that not obsessing over the market and not going all in can also help you survive in the crypto world."

What I didn't tell him is that the light was actually shining on me as well.

Every time I guide a newcomer to dodge a round of liquidation, I think of that late night years ago when no one came to my aid.

If you are also groping in the dark at this moment, feel free to follow @小花生说币 . I can't guarantee that you'll become rich, but I can help you survive until dawn.