Last March's liquidation made me stare at the K-line until dawn——

The fully invested ETH dropped 30% overnight, and more than half of my hard-earned startup fund evaporated.

Now I can make stable profits, not through insider information, but rather through those “foolish methods” that veteran traders talk about but no one really takes seriously.

The core principle is simple: protect your capital first, then talk about making money.

1. Split your money into parts; staying alive is better than anything

It was only after the liquidation that I realized, no matter how accurate the judgment, I can't withstand a gambler's position.

Now I split my 100,000 capital into 5 parts, and I never open a position exceeding 20,000——

Just like when ETH dropped from 2200 to 1800 in October, I only invested 15,000, setting a 2% stop-loss line,

When it dropped to 1764, I decisively cut my losses, only losing 3000. If I had gone all in like before, I would have been kicked out long ago.

Data is the most reliable; recently, mainstream coins have fluctuated between 10%-15%. Keeping 20% of the position and a 2% stop-loss line is like giving the capital double insurance.

2. Don’t blindly follow the crowd; focus on familiar opportunities

Every day in the crypto world brings new hotspots. Last year, when Dogecoin surged, I chased it and paid a lot in fees, ultimately getting stuck for half a year.

Now I only focus on three mainstream coins: BTC, ETH, and SOL, trading at most once a day.

Take mid-November as an example, when BTC retraced to the 30,000 mark, that was a point I had been watching for half a month. I decisively bought in, and when it rose to 32,400, I sold, making an 8% profit on that trade.

I calculated that with frequent trading, monthly fees and slippage would cost me over 2000. Now, by focusing on good opportunities, I actually saved on costs.

3. Take profits when you can; don’t be a “greedy ghost”

The biggest trap is adding positions against the trend. Last August, when SOL dropped, I added to my positions three times, and the more I added, the worse it got.

Now that I've made money, I first withdraw my capital——

At the beginning of December, ETH rose by 12%, and I immediately sold half of it. The remaining position is equivalent to “zero cost,” so even if it drops, I won’t feel bad.

Remember, don’t use mortgage or living expenses to trade coins. I am currently using my year-end bonus as spare money; if it drops, I sleep well, and if it rises, I can stay calm.

Is there really overnight wealth in the crypto world?

I’ve made a steady 20% over the past six months, relying on not being greedy, not gambling, and following the rules. Being able to stay in the game gives you a better chance than 90% of people.

If you’re also struggling in the crypto space without direction, feel free to chat with me, and we can avoid pitfalls together. @bit冰