After the crash, the first thing I did was throw the calculator that could calculate 100 times leverage into the trash. Full warehouse leverage is like a gambler in a suit, looking decent, but when the account blows up, even the underwear is gone. When I gathered 18 brothers who also blew up their accounts to form a group, I set three 'hard rules':
Position layering is like stacking quilts: first build 2 'base safety cushions', earn and then gradually increase the position, never letting the principal run naked;
Stop-loss locked at 1%, more punctual than an alarm clock: as long as it falls below the preset line, my speed is faster than grabbing concert tickets, never hesitating 'Should I wait and see if it goes up';
Leverage is up to 3 times, isolated margin is the bottom line: full margin leverage is like 'betting everything and making the whole family starve', while isolated margin is like installing a safety valve for the account. Even if one trade goes wrong, it won't wipe out the initial capital.
Relying on these three rules, we have managed to endure the fluctuations throughout 2023. Even now, in a group of over a thousand people, we still maintain a 'zero liquidation' record — it's not that we are lucky, it's that we have long removed the word 'gamble' from our dictionary.
Second, focus on profits and don't blindly stare at K-lines! 'Multi-timeframe resonance' is the key to making money.
I used to be like a beginner, staring at the 15-minute chart like looking at lottery trends, chasing when it went up a bit and cutting losses when it went down a bit, resulting in not making much money while paying a lot in fees. Later, I summarized a 'resonance signal', so simple that even beginners can learn it:
You must wait for both the 4-hour and daily charts to show a golden cross at the same time, and the trading volume must be twice as high as usual. Only then is it called 'picking up certain profits', not 'giving money to the market maker'.
Last year, relying on this method, we captured three waves of major rises: one brother used this money to pay off his mortgage, and now he shares photos of his child and dog in the group every day, happier than sharing profits; another who runs a small business recouped all his previous losses and tells everyone, 'If I had known not to gamble blindly and learned the rules earlier, it would have been so much better.'
Remember: in the crypto market, it's okay to be slow. The fear is that you rush to make money and turn yourself into a victim.
Third, there are tricks to avoid 'fishing lines'! If you can't pass the three hurdles, don't touch it even if it rises.
I have seen too many people fall for 'false breakouts': they see the K-line hitting new highs and rush in, only to be trapped by 'fishing shadows' the next day, crying and asking, 'How could this happen?'. In fact, avoiding traps is like going through security checks; you must pass three hurdles:
First, check if it really is a new high, don't be fooled by 'false breakouts';
The trading volume must double; any rise without volume is just 'playing tricks', and the market maker could run away at any time.
After a breakout, you need to stabilize for three days without breaking the support level to consider it truly stable.
Don't touch it if you miss any of these three hurdles! Since we implemented this in the group, no one has been tricked out of money by 'fishing lines' anymore. Once, a brother almost rushed in, and I sent a message in the group: 'Do you want to be the one catching fish or the one being caught?', and he immediately woke up — sometimes, a reminder is more effective than anything else.
Lastly, let me say something heartfelt: the team is the best safety belt.
Three years ago when we started the group, all 18 of us were 'losing everything' and were tough brothers; now there are over a thousand people in the group, some have saved enough for their children's education, some have paid off their loans early, and others have used their earnings to buy necklaces for their wives. We never say 'getting rich overnight', we only say 'steady income over time'.
There are no miracles in the crypto circle, only 'fools' who don't follow the rules and 'smart people' who adhere to discipline. Next time a black swan comes, I hope you won't be crying in the bathroom but rather chatting with us in the group over tea, watching your account steadily grow and feeling at ease.
