Ten years of trading cryptocurrencies, paved with blood and tears. I exchanged my most precious youth for these six iron rules. Small capital wants to turn around, relying not on luck, but on a complete transformation of understanding and ironclad discipline.

1. Capital is life, never fully invested

Your capital is your only chip for turning around, not just a number on the gambling table. Never invest all your funds at once; you must allocate them in batches and with a plan. Being fully invested means handing your fate over to market emotions. Once your mindset collapses, your operations will completely distort. Remember, as long as you are alive, there are infinite possibilities.

2. Trend is king, do not go against the tide

Do not try to go against the trend. In an upward trend, any pullback is a buying opportunity; in a downward trend, any rebound is an escape opportunity. Once you realize your directional judgment is wrong, decisively cut your losses; never fantasize about 'waiting and seeing.' Small losses are the cost of trading, large losses are the grave of wealth.

3. News is fragile, logic is everlasting

Do not chase every piece of good or bad news. Most of the information that reaches you has long been digested by the market. What you should deeply cultivate is the underlying logic: what problem does this technology solve? Does this project have real demand and cash flow? With solid logic, you can hold on and thrive amidst the volatility.

4. Take profits and cut losses, know and act in unity

Before opening a position, you must clearly plan: at what price to take profits, and at what price to cut losses. The most taboo is 'wanting to earn more when in profit, and wanting to break even when in loss,' as this will ultimately lead you from profit to loss. Set automatic stop-loss and take-profit orders, allowing cold tools to help you overcome human greed and fear.

5. Stay away from contracts, focus on spot trading

For small capital, contract leverage is the quickest shortcut to zero. It will magnify your greed and fear infinitely in a short time, destroying your judgment and mindset. A 100% fluctuation in spot trading means you still have chips; a 100% fluctuation in contracts means you are already out. Slow is fast; steady progress is the right path for small capital to grow.

6. Trade in solitude, maintain independent thinking

Establish your own analysis framework and trading system, and be responsible for every trade you make. Successful investing is destined to be a lonely vigil. After ten years of sharpening a sword, one day in the crypto world equals one year in the human realm. This place is full of opportunities, but also rife with traps. Enhance your understanding, and when the bull market comes, you will be able to seize the moment.

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