At first, my parents froze my bank card, saying, "Playing with coins is just wasting money."

It wasn't until I deposited 2 million in cash into their account and saw their stunned expressions that I said, "This is what I earned from the initial 30,000 U."

Do I plan to dig deeper into the coin market in the next three years? Please remember these 8 survival rules, and I suggest saving them!

1. Making money is hard, losing money is easy; preserving profits is the top priority.

Turning 1 million into 2 million is difficult, but falling back from 2 million to 1 million only requires a 50% loss. Even if there are only 10% fluctuations up and down, 1 million will ultimately only remain at 990,000. The primary task in trading coins is not how much to earn, but to first learn not to lose.

2. Market fluctuations are large; it seems exciting, but actual returns are diluted.

If 1 million first rises by 40% and then falls by 20%, the account is left with only 1.2 million. After six years, it is only about 1.4 million, with an annualized return just over 5%, not as good as buying government bonds. Big ups and downs do not equate to high returns; stable growth is the real compound interest.

3. Small profits rely on persistence, large profits rely on luck.

Taking 1% every day can multiply your money more than tenfold over 250 trading days; but if you focus on several times the profit over a year, it often ends in liquidation. Greed is the most ruthless trap in the coin market.

4. Clear calculations for your goals; don’t rely solely on feelings.

If you want to grow from 1 million to 10 million in ten years, you need an annualized return close to 26%. If your goals are too vague, you will only be led by the market. Understanding your required annualized return can prevent you from blindly chasing highs and selling lows.

5. Averaging down is not just about adding money; you have to calculate the cost.

For example, if you buy 10,000 at 10 yuan, and then buy another 10,000 at 5 yuan, the average cost is 6.67 yuan, not 7.5 yuan. Averaging down must be precise; do not add to your position emotionally.

6. Keeping a base position carries risks; don’t let floating profits cloud your judgment.

If you grow from 1 million to 1.1 million and only keep 100,000 in chips, it means the cost has been recovered and can be held long-term; but if you keep 200,000, it seems like a higher profit, yet once it is halved, you will still incur losses. Floating profit ≠ guaranteed profit.

7. Only during a major downturn can you see who the truly good coins are.

In a bull market, what matters is who rises quickly, while in a bear market, it’s about who falls slowly. Coins that still have market makers supporting them during a market crash are often the ones worth holding long-term.

8. The professional logic of trading coins has only one core principle—stability.

The coin market is not short of stories and opportunities; what can truly last is a stable mindset and steady pace. Making decisions based on data and enforcing discipline is the way to weather the cycles. #SOL上涨潜力