When I first entered the crypto world, I was just like most people—thinking contracts = gambling
As a result, I lost 50% of my capital in just 3 days... until I understood this '10% survival rule'
Not only did I avoid 3 major crashes, but I also made my first pot of gold! (Especially the third point, 90% of people die in altcoins!)
My hard-earned experiences
1. Position size determines life and death, not technology!
Always divide total capital into 10 parts, for example, if you have 10,000 USDT, only use 1,000 USDT to open a position.
Even if you get liquidated, you'll only lose 10%, and as long as your mindset doesn't collapse, you still have a chance.
Avoid 'all in to recover losses'; the dealer specifically targets these people!
2. Increase position when profitable vs cut losses when losing
Only increase position when you're in profit: after your unrealized gains exceed 20%, roll profits into increasing position while keeping the principal unchanged!
Run immediately when you're losing: -5% mandatory stop-loss, absolutely do not average down!
Remember: 'Hanging on' is the father of liquidation!
3. Are altcoins a tax on intelligence? 90% of people get this wrong!
Suddenly surging 50% in a meme coin? Better to miss out than to chase the high! (When you see good news, the dealer has already started unloading)
I only trade mainstream contracts like BTC/ETH, and dare to increase positions during a crash—because I have a key indicator hidden...
In the crypto world, the ones making money are always those who go against the emotions. When everyone is FOMOing, I cut losses.
When everyone is panicking, I buy the dip...
The first lesson in crypto: survive first, then think about getting rich!!!
If you want to accurately grasp the market, you can follow Huang Lin closely.
