Brothers who come across this article, stop your blind trading for a moment! Ask yourself a soul-searching question: are you in the crypto space to earn 1 million U, or are you here to give money to the market?
First, let me be clear, I am not one of those 'pseudo big shots' who flaunt positions worth millions. I am just an old player in the crypto space who has been through ups and downs for ten years, having blown up my accounts eight times, and I have enough experience to fill a truck with my mistakes. However, I later managed to recover from those pitfalls and became an analyst who eats based on experience. I have seen too many people rush in with the fantasy of 'getting rich overnight', only to be repeatedly crushed by the market, eventually losing so much they start to doubt their lives. Honestly, it’s not that they aren’t smart enough; they just haven’t understood a core logic: in this market, staying alive is always more important than making money.
Last year, a young man came to me with 2700 USDT in his pocket, his eyes red like a rabbit's. He said he had lost most of his principal by following the crowd and buying high and selling low, and he wanted to make his money back. I didn't talk to him about those "mystical indicators" like moving averages and MACD—learning those is just a recipe for disaster for beginners. Instead, I gave him three "survival tips" that I had learned through real money.
Guess what happened in the end? This guy really listened and strictly followed the rules for 3 months. His account jumped from 2700 USDT to 50,000 USDT. He weathered two major pullbacks without ever experiencing a margin call! Today, I'm sharing these three "life-saving rules" without reservation. How much you can understand depends entirely on your respect for the market—after all, in the crypto world, surviving means you've already beaten 80% of the retail investors.
Article 1: Funds shall be divided into three parts, and no misappropriation is the bottom line.
The biggest mistake beginners make is hoarding all their money and recklessly betting like gamblers. If they lose, they try to go all in to recoup their losses, ultimately leading to complete ruin. Take 2700 USDT as an example: the simplest approach is to split it into three 900 USDT transactions, assigning each a specific "job" and ensuring it's never misused or diverted – this is an ironclad rule I learned after three margin calls.
My first strategy was to be a "short-term striker": I would open a maximum of two positions per day, and regardless of whether I made a 5% profit or a 3% loss, I would close the software at the designated time and never linger. Short-term trading is about probability, not luck. In my early years, I was greedy and opened five positions a day to chase highs and lows, which caused me to lose 20,000 USDT down to only 2,000 USDT. I still feel the pain when I think about it now.
The second strategy is to become a "trend hunter": This is the key to making big money, and the core is "patience." Remember: if the weekly chart doesn't show a clear bullish pattern and there's no breakout of key resistance levels with volume, just stay out of the market! Many people always feel that "missing out on a market move is a loss," so they rush in, only to get trapped as soon as they enter. This is a classic case of "itching to trade and dying." Now, when I trade trends, I can stay out of the market for up to a month, only acting when the opportunity arises. One successful trade can be worth half a month of short-term trading.
The third sum serves as a "life-saving reserve": This is your last resort. Never touch it under normal circumstances. Only use it to average down your position when the market experiences extreme price spikes or you're on the verge of liquidation. The goal is to preserve your principal. Remember this: as long as you have your principal, there's hope; if you lose your principal, you don't even have the chance to recover; you'll be forced to pack your bags and leave.
Article 2: Only eat a small piece of meat at a time; don't be greedy and end up with a tough, chewy piece.
The second biggest mistake beginners make is trying to capture the entire market movement from beginning to end, which often results in nothing – not only do they lose their profits, but they also end up losing their principal. I've summarized three entry signals; stick to these three and don't touch any more. Beginners can simply copy these:
First, if the daily moving averages are not in a bullish alignment, remain completely out of the market and never touch the stock. Second, the market must break through the previous high with increased volume, and the daily chart must close steadily above the high before you can enter with a small position to test the waters. Third, once you've made 30% of your initial investment, immediately withdraw half of the profits to secure your gains, and set a 10% trailing stop-loss for the remaining portion—even if the market reverses, at least half of the profits will be in hand.
Don't feel bad about "taking half of your profits." There's always money to be made in the market, but your principal can be lost at any time. I've seen too many people hold on even after making a 50% profit, always thinking, "I'll sell after one more wave of gains." Then the market suddenly reverses, and they not only lose all their profits but also their principal, leaving them with nowhere to turn for help. Remember: money you've already secured is truly yours; profits you haven't yet realized are just empty promises from the market.
Thirdly: Locking in market sentiment is more effective than any other indicator.
I've done the math, and 90% of losses in the market stem from emotional trading! Staying up late watching the market and getting increasingly carried away, impulsively buying high and selling low, panicking and recklessly averaging down when losing, and getting carried away with adding to winning positions—each of these actions is essentially throwing money away to the market. Years ago, I stayed up late watching the market, got carried away by price fluctuations, and heavily invested, only to be wiped out by a sudden price spike. When I woke up the next day and checked my account, I almost smashed my phone. Looking back, I still think how stupid I was.
So I set two strict rules for myself that I have never broken: First, I must write a trading plan before entering the market, set a stop loss of 3%, set up automatic closing, and sell at the designated time without hesitation; Second, when the profit reaches 10%, I immediately pull the stop loss to the cost price - so that even if the market reverses, you will not lose your principal, which is equivalent to "getting" a trading opportunity for free and making a sure profit.
Here's another tip for controlling your emotions: Turn off your computer at midnight every day. If you really can't sleep and want to keep an eye on the market, just uninstall the trading app! Out of sight, out of mind. When your emotions are stable, you can trade without panic and avoid those fatal pitfalls.
Finally, let me say something from the bottom of my heart: there are always opportunities to make money, but your capital is finite. Once it's gone, the opportunity is truly over. Newcomers shouldn't aim for a 1 million USDT target right away—that's unrealistic! First, master these three ironclad rules until they become muscle memory. Make sure you can survive in the market before you start figuring out those "advanced techniques" like wave analysis and indicators. If you get the order wrong, all your efforts will be in vain.
The pitfalls and margin calls I've encountered in the crypto world over the past ten years are all painful lessons. I'm sharing them all with you today so you won't repeat my mistakes. If you find these experiences helpful, please follow me.
