I am 36 years old this year, from Zhejiang, and now settled in Guangzhou.
Two apartments, one for my family and one for myself.
There are also two cars, one Maserati and one GLS.
All of this was earned by me in the cryptocurrency circle over 10 years, starting with a capital of 300,000, with a minimum drawdown to only 60,000 during the period.
But I managed to use the dumbest method to roll it over to tens of millions, with the most intense wave, from a bottom warehouse increasing to a 400-fold return in 4 months, directly making it 20 million!
Doesn't it sound like a joke?
But behind this is the practical experience I gained over 2880 days.
The secret to surviving in contracts: 5 years, 8 iron rules, avoiding frequent trades and counter-trend positions, keeping a risk-reward ratio of 2:1 + not exceeding 10% position is key.
After 5 years of struggling in the contract market, I have seen too many people turn tens of thousands into hundreds of thousands, only to be liquidated back to zero within a week.
Contracts can indeed leverage small amounts to achieve large returns, but they can also lead to rapid liquidation — 90% of losses are not due to poor skills, but because of 'human traps' and 'rule loopholes.'
The following 8 iron rules each carry the blood and tears of me and those around me. If you understand them, you can avoid most liquidation traps.
1. Don't rush to retaliate after a stop loss! Stop trading after consecutive stop losses.
When I first started trading contracts, the most common mistake I made was 'immediately trying to recover after a stop loss.'
Once, I shorted Bitcoin, and after two consecutive stop losses, I lost 800 U; feeling impulsive, I thought, 'the third time will definitely be right,' increased leverage and heavily opened a position, resulting in immediate liquidation, losing even the principal.
Later, I found out from the data: 78% of liquidation cases occur during impulsive trading after consecutive stop losses.
Now I have established a 'double stop-loss mechanism': after two consecutive stop losses, immediately close the trading software and spend half an hour reviewing — did I misjudge the trend?
Did I set the stop loss incorrectly?
If you can't find a problem, hold cash for a day.
The market is always full of opportunities; if you lose your capital, no matter how many opportunities arise, they will have nothing to do with you.
Remember: stop losses are about controlling risk, not about 'failure'; rushing to retaliate will only lead to greater losses.
2. Don't believe in the 'get rich overnight' nonsense! Never exceed 10% of your positions.
A certain contract platform's statistical data chilled me: 92% of users with full positions in single trades will see their assets go to zero within three months.
Beginners often treat contracts as 'ATM machines,' thinking 'going all in once will make them rich,' but leverage is a double-edged sword; with 10x leverage, a 5% fluctuation can lead to liquidation.
I have seen the most tragic case: a brother invested 50,000 U in altcoins, felt euphoric when it rose 5%, panicked and held when it dropped 5%, and ended up being liquidated in half an hour, leaving less than 1,000 U from 50,000 U.
Now I am stubborn about positions: every trade should not exceed 5%-10% of the principal; with 50,000 U, the maximum position is 5,000 U.
Even if you miss 10 market opportunities, as long as you can avoid one liquidation, you have already surpassed most people.
Contracts are a marathon, not a sprint; consistent and steady progress is the way to survive.
3. Counter-trend trading = going against money! Don't harden your stance in a one-sided market.

Last week, Bitcoin's 4-hour line plummeted by 15%; someone in the community shouted 'it's bottomed out,' and went all in to buy the dip, resulting in three liquidations within three hours, losing money and crying that 'the market is unreasonable.'
But is the market really unreasonable? In a one-sided market, going against the trend is like a mantis trying to stop a chariot.
There is a golden rule for judging one-sided markets: look at the 1-hour candlestick; if there are five consecutive bullish (or bearish) candles and the moving averages are diverging (short-term moving averages are widely apart from long-term moving averages), this is a strong trend signal. At this point, don't think about 'buying the dip' or 'shorting the rebound'; following the trend or observing from the sidelines is the right approach.
Last year, Ethereum rose from 1800 USD to 4000 USD, and by adhering to the principle of 'not going against the trend,' I only went long and never shorted. Even during pullbacks, I didn't open positions recklessly, steadily making a threefold profit.
4. Don't act if the risk-reward ratio is less than 2:1! Don't be a fool who 'makes small profits and suffers big losses.'
The Achilles' heel of countless retail investors: hastily taking profits after earning 1000 U but enduring 2000 U losses before reluctantly cutting losses, leading to a situation over time of 'not earning enough to offset the losses.'
The scientific trading logic is: before opening a position, you must set a risk-reward ratio of at least 2:1 — for example, if you set a stop loss of 500 U, the take profit must be at least 1000 U; if this standard cannot be met, resolutely avoid it.
I set a rule for myself: before opening the market software, first calculate 'how much to stop loss, how much to take profit'; if I find the risk-reward ratio is 1:1.5? I directly cross it out, without hesitation.
Last year, when trading SOL contracts, I originally wanted to go long at 100 USD, but after calculating a stop loss at 95 USD (lost 500 U) and a take profit at 105 USD (gained 500 U), with a risk-reward ratio of 1:1, I decisively gave up.
Later, when it retraced to 90 USD, I set a stop loss at 85 USD (lost 500 U) and a take profit at 100 USD (gained 1500 U); only when the risk-reward ratio reached 3:1 did I enter, steadily earning 1500 U.
Remember: trading is not about 'doing it right many times,' but about 'making more when you're right and losing less when you're wrong.'
5. Frequent trading = working for the exchange! Experts are waiting for the right moment.
Data from a leading exchange hit hard: ordinary users trade an average of 6.3 times a day, while the top 10% of profitable traders only make trades 2.8 times a week.
When I first started trading contracts, I also loved to 'brush my presence,' opening 10 positions a day, paying a lot in fees, but my capital kept shrinking. Later, I understood: frequent trading not only costs money but also exhausts your mindset.
The market fluctuates every day, but 90% of the fluctuations are 'ineffective noise.'
Experts are waiting for 'high certainty opportunities' — for example, trend breakouts, key support and resistance levels resonance.
Now I only check the market twice a day (half an hour after opening and half an hour before closing); do whatever else during the rest of the time.
Last year, when Bitcoin was sideways for 10 days, I didn't open a single position, watching others lose back and forth in the sideways market; I only entered after the breakout, making more profit from one trade than others made in ten.
Remember: missing opportunities is not regrettable, blindly entering the market is what is terrifying.
6. You can't earn money outside of your understanding! Only trade coins you have thoroughly researched.

When Dogecoin surged 300% due to a tweet from Musk, some people in the group followed the trend and ended up buying at the peak, only to be liquidated during the drop.
Their losses are not due to luck, but to ignorance — how can they expect to make money when they don't even understand the market capitalization or the distribution of Dogecoin?
The core principle of contract trading: only trade coins you have thoroughly researched.
Now I only trade 3 coins: Bitcoin, Ethereum, and SOL, each of which I have thoroughly studied their fluctuation patterns, main force habits, and key levels.
I never touch unfamiliar coins, no matter how much they rise, because I know: money earned by luck in the short term will eventually be lost due to lack of skill.
Sticking to your capabilities allows you to avoid the fatal trap of 'trading based on feelings.'
7. Holding positions is like walking into an abyss! Admit when you're wrong; only staying alive gives you a chance.

The harsh truth of the leveraged market: holding positions equals betting your capital on luck.
With 10x leverage, price fluctuations are magnified by 10 times; a floating loss of 5% can potentially turn into a liquidation.
Statistics from a certain contract community show that users who hold positions for three consecutive times have a liquidation probability as high as 91%.
I have seen the most stubborn brother: going long on Ethereum, setting a stop loss at 3000 USD; when it dropped to 2900 USD, he thought, 'it will rebound,' canceled the stop loss and held the position, only to see it drop to 2500 USD and get liquidated, losing 200,000 U. Now, I always set a stop loss when opening a position, and when it reaches that point, I cut it, never 'waiting a bit longer.'
Admit your mistakes; a stop loss of 5% is better than a liquidation loss of 100% — as long as you stay alive, you can earn back the next time.
8. Don't be complacent after making profits! Withdraw half of the principal; treat the rest as 'game money.'
Human weaknesses are most easily exposed when making profits: when they earn money, they open random positions and increase leverage, resulting in profit loss and further losses. I have suffered this loss before: I made 50,000 U once, felt like 'I was a god,' and went all in on an altcoin contract, losing all profits in three days, plus losing 20,000 of the principal.
Now I have an ironclad rule: after each profit, withdraw 50% of the principal immediately.
For instance, if I earned 10,000 U, I first transfer 5,000 U to my bank account, treating the remaining 5,000 U as 'game money'; even if I lose it, I won't feel bad.
This way, you can lock in profits while maintaining clarity — you will find that trading with 'profits' stabilizes your mindset, and you won't act recklessly out of 'fear of losing principal.'
Finally, I want to say:
Contracts are not gambling; they are 'controllable risk probability games.'
The core of these 8 iron rules is simply this: use rules to restrain human weaknesses. Stop losses, position control, following trends, waiting for opportunities, not holding positions, guarding understanding, taking out profits...
By doing these things, you have already avoided 90% of the loss traps.
Remember: the winners in the contract market are not 'those who predict the market most accurately,' but 'those who control risk the best.'
Minimizing losses is a gain; staying alive allows you to wait for the real opportunities.
May you carry these 8 iron rules and walk steadily and profitably in the contract market.
I can consistently profit from investments, and besides the techniques mentioned above, I strictly adhere to the following fifteen principles:
1. A sharp drop tests true value: If the market falls sharply and the coins in your hand only drop slightly, it indicates that the big players are supporting the price and do not want it to fall further. You can confidently hold onto such coins; you will definitely make money in the future.
2. Simple trick for beginners: If you don't know how to buy and sell coins, the simplest way is to look at the 5-day moving average for short-term trading; if the price is above the 5-day line, hold it; if it drops below, sell quickly; for medium-term trading, look at the 20-day line, sell if it breaks the 20-day line.
The method that suits you best is the best; the difficulty of trading lies in whether you can stick to it. Don't overthink it; stick to one method, and you can surpass most people.
3. Skillfully entering a main rising wave: If the coin price is in a main rising wave and there is no significant volume increase, decisively buy in.
Hold onto coins during volume increases; during volume decreases but the trend remains intact, continue to hold; if there's a volume decrease and the trend breaks, reduce your position quickly without hesitation.
4. Be decisive about stopping losses in short-term trading: If you bought a coin and it hasn't fluctuated much after three days, if it drops 5%, don't hesitate to stop loss unconditionally; don't stubbornly hold on.
5. Signals for a rebound after an excessive drop: If a coin drops from a high position by 50% and continues to fall for 8 days, it enters an oversold phase, and a rebound is imminent; at this time, consider buying.
6. Trade the leader coins: When trading, focus on the leading coins; they rise the fastest when the market is bullish and withstand the most during downturns. Don't be afraid to buy; trading often differs from conventional thinking, and the strong will get stronger. Buy leading coins at high positions and sell at even higher positions!
7. Follow the trend without being greedy: Buying coins is not about getting the lowest price; it’s about whether it’s appropriate.
Don't touch those worthless coins; following the trend is the true path.
8. Review to find methods: After making money, don't get carried away; you need to review thoroughly and think about whether it was good luck or true skill.
Finding a stable and suitable trading system for yourself is the key to consistently making money.
9. Holding cash is also a skill: Don't mess around in trading; if you don't have full confidence in making money, don't force yourself to open a position.
Those who know how to buy can only be considered beginners; those who know how to sell are skilled, while those who can hold cash positions are the masters of the investment world.
When trading, the first thought should be about how to protect the principal; don’t just think about making money.
10. Fixed system for stable operations: In the investment market, don't always think about adapting; this is often wrong.
Use your fixed trading system to respond to changes. Sometimes, not making unnecessary moves is the best defense; often, your reluctance to sell or inability to resist buying is precisely when you make the most mistakes.
11. Love does not forget responsibility: Those who can stick to trading for over four years are truly passionate.
But don't be too absorbed; family is our most important responsibility, so don’t forget that.
12. Self-responsibility and accountability: We cannot control the market environment, but we must be responsible for ourselves.
If you fail in your investments, don't blame others; no matter the situation, you must bear the consequences of your decisions.
Only by taking responsibility can you face your mistakes and avoid repeating them next time.
13. Listen less to rumors: There are no absolute rights or wrongs in market opinions; often what you see or hear is either what others want you to know or what you want to hear.
When the day comes that you are no longer interested in the methods of the media or those so-called experts, congratulations, you are not far from entry and success, because you may have developed your own judgment and persistence.
14. Trading is about cultivating mindset: you think you are trading market conditions, but in reality, you are training yourself. Success is built on silent persistence and patience.
To achieve great success, one must endure hardships.
Time is the most valuable asset; endurance is more important than intelligence; talent doesn't matter; mindset is key!
I hope my experiences and techniques can help you walk more steadily on the investment road and achieve gradual wealth growth. Let's all work hard together!
How to turn around with a small capital in the cryptocurrency world?
In the cryptocurrency world, wanting to turn around with a small capital is indeed a tough road, but this road is paved with blood and tears.
During last year's crash, the story of Liangxi rolling from 10,000 to 10 million circulated widely, but no one told you he had been liquidated over thirty times.
There was an earlier master named Tony who turned 50,000 USD into 20 million in a year; even now, veterans in the circle still reminisce about his 'three iron rules for rolling positions.'
Rolling positions is not gambling; it is a skill of dancing on the edge of a knife.
I witnessed a mining boss testing rolling positions: taking 300 USD and splitting it into 30 parts, investing only 10 USD each time with 100x leverage.
Once the direction is clear, a 1% price fluctuation can double your investment.
After making 20 USD, immediately withdraw 10 USD in profits, leaving the remaining 10 USD to continue rolling.
I rolled up 300 USD to 20,000 USD over two months like ants moving their homes.
But the key is in the last step — when he made 50,000 USD, he decisively stopped and switched to spot trading; later, this coin went to zero, and all the brothers in the rolling group were liquidated, but he preserved his profits.
The three things that rolling positions fear the most.
1. Impulsively opening positions: Tony established a rule years ago to only test direction three times a day; if he got it wrong three times, he would turn off the computer and sleep. Once, when Bitcoin was sideways for seven days, he really held cash and watched the market for those seven days.
2. Greed without restraint: Last year's 312 crash, a brother rolled from 5000 to 800,000 without taking profits, thinking of reaching a million, only to be liquidated at dawn and later shared a screenshot of a delivery driver registration in the group.
3. Stubbornly holding positions against the trend: Liangxi succeeded because he could quickly admit mistakes. Once, he went long twenty times in a row, and when he switched to short on the twenty-first time, he turned the tables. He said, 'Twenty explosions prove the bulls are dead.'
In this world of cryptocurrencies filled with variables and possibilities, every choice may determine the trajectory of future wealth.
Follow me, I am @加密老七 , a player who sincerely hopes you can gain a lot in the cryptocurrency world.
Wish you good luck! #美联储重启降息步伐 $BTC