Brothers and sisters in the crypto world, first extinguish the thought of 'betting on a hundred times the coin to get rich overnight'!

To speak a painful truth: relying on a gambler's mindset with full positions, even if you occasionally make money, you will eventually lose it all back.

Just like the recent drastic fluctuations in cryptocurrency indexes, on December 15, a single-day drop of 9.6% caused many who chased the rise to be instantly liquidated.

I have also fallen into this pit: staying up all night watching the market, chasing sharp price movements, recklessly opening 20x leverage, and ultimately my account was nearly zero.

Later, I realized my mistakes and split my account of less than 2000 U, transferring half to a cold wallet to lock it as the principal (data from the Blockchain Security Alliance shows that separating hot and cold wallets can reduce the risk of asset loss by 90%), and using the other half to roll profits, from then on only adhering to three trading rules.

Only trade long positions that are stable on the daily line, waiting for the 1-hour K-line to retrace to the moving average and show a volume increase before entering the market;

Split every trade that earns 3%, one part is taken as profit, one part is rolled over, and one part is kept as a buffer, with stop losses moving up with profits;

A maximum of two trades per day, close the software on time, and spend 10 minutes every night reviewing and recording operational loopholes.

In less than 3 months, my account steadily rose to nearly 80,000 U.

Don't underestimate the slow 3% daily; the power of compound interest far exceeds imagination.

You are not losing to the market, you are losing to the uncontrollable emotions of placing orders late at night.

What can save you is not inspiration, but the iron rules.

I only do real trading and don’t make empty promises; if you want to grasp your destiny with rules and can steadily move forward, come on; if you want to gamble for quick money, don’t waste your time. The market and liquidations wait for no one.