No one supports my ambition, why do I need a benefactor to help me? In the crypto world, I went from 200,000 to 20,000,000 in 5 years, relying on these 24 iron rules.

After struggling in the crypto world for 5 years, I have grown my initial capital of 200,000 to today’s 20,000,000, achieving financial freedom. It’s not luck, but these 24 rules earned with real money. If a novice can follow them, they can at least avoid 3 years of detours.

1. Never go all in! In my early years, I lost 500,000 by going all in on SOL. Now, I only use 10% of my capital for each trade; steady and cautious is the long-term way.

2. Always set a stop loss when opening a position, with a margin of 3-5 points. For example, if buying BTC at the 25,000 point, set the stop loss at 24,000. Never hold onto wishful thinking.

3. Don't trade frequently. Previously, I was always "buying today, selling tomorrow" and lost 150,000 just in fees over six months. Ineffective operations will only deplete capital;

4. Once profits exceed 3%, move the stop loss up. For example, if I've made 5%, immediately raise the stop loss above the breakeven point to protect profits;

5. Go with the trend: go long during uptrends and short during downtrends. Last year, I went against the trend with BTC and lost 220,000. Going against the trend only leads to losses;

6. Don't engage in markets you don't understand. For example, last year's AI coin surge. I didn't understand the logic, so I didn't follow the trend and ended up not losing anything;

7. Only trade mainstream coins (BTC, ETH, SOL). I once lost 80,000 on less popular coins. These coins rise quickly but fall even faster, and the risks are simply uncontrollable;

8. Don't spread funds too thin. With large capital, diversify into at most 2-3 coins. With small capital, focus on 1 coin deeply. Diversification can make it harder to control;

9. Use market orders to enter the market; don't get hung up on a 1-point price difference. I missed out on a wave of market movement because I hesitated waiting for a lower price, which is not worth it.

10. Don't rush to take profits. Use trailing stops to let profits run. This year, during the ETH market surge, I made an extra 120,000 using this strategy;

11. Withdraw profits regularly. I withdraw 50% of my profits to a cold wallet each month. Only when the money is actually in my hands can I consider it mine;

12. Don't fall for the hype of "staking dividends". I previously bought a staking coin, and ended up losing 70% of my principal. There are too many traps like this;

13. Don't average down during losses! I once averaged down on BTC, from 40,000 to 30,000, and ended up losing 300,000. Averaging down only amplifies risk;

14. Only trade at support and resistance levels. For example, buy BTC at the 25,000 support level and sell at the 28,000 resistance level. Following key points is a more stable approach;

15. Don't take big risks for small profits. For instance, risking 5% to gain 2% is simply not worth it;

16. Once you set a stop loss, don't withdraw it. Previously, I removed a stop loss at the last minute, resulting in a small loss turning into a large one, losing 100,000 in one go. Discipline must not be broken;

17. Don't overtrade. Spend 1 hour each day reviewing trades to see where I went wrong, and summarizing experiences to reduce mistakes;

18. Be flexible in switching between long and short positions. Last year, I first went long and made a profit, then switched to short and made another profit. Being adaptable is key to making money;

19. Don't focus on price levels; pay attention to the trend! I previously thought BTC at 40,000 was too expensive and didn't dare to enter, only to see it rise to 48,000 and miss the opportunity;

20. Add to positions when breaking resistance levels, and liquidate when breaking support levels. Don't hesitate at critical moments; hesitation will only lead to missed opportunities or greater losses;

21. Small-cap coins are suitable for shorting (high volatility, ample downside), while large-cap coins are suitable for going long (more stable, steady upward trend). I've verified this logic in practice;

22. Don't hedge during losses; just cut your losses and exit. Previously, I hedged SOL and not only failed to stop loss but also lost an additional 50,000. Hedging is an ineffective remedy;

23. Don't change direction without clear signals. Previously, I kept switching between long and short positions, disrupting my trading rhythm, and ended up losing 80,000. Blindly changing direction will only create chaos;

24. Don't get cocky after consecutive wins! Last year, I got carried away after winning 5 trades in a row, and ended up losing 150,000. Now I maintain consistency in trading and don't let emotions dictate my decisions;

People often ask me, "Do you take on newcomers?" My answer has always been the same: my "trading beacon" is always shining. Those who are willing to learn and follow my lead will naturally catch up to me;$SOL $BTC $ETH