Do you know why most people end up as philanthropists when trading contracts?

Because they always treat the market like an ATM, forgetting that they are the ones being withdrawn from. Last year, a guy bet me that the bull market would never end; now his chat records are stuck on that phrase about holding positions with certainty.

Turning 30,000 into 2 million isn’t about luck; it’s about a set of survival rules that even the dealers fear. The first iron rule is to cut losses as decisively as breaking up with an ex; 5% is the final kindness. On March 12 last year, I watched firsthand as Old Wang from the neighboring desk went from millionaire to rights protection group leader, just because he couldn’t bear to take that 10% loss.

Do you know what the dealer's most insidious trap is?

It’s making you think that a volume drop means you should buy the dip. The real bottom is always quiet, just like last month’s BTC situation, when the RSI dropped below 30 and the exchange was so quiet you could hear a mouse squeak; that was the moment to act. Those KOLs shouting for a full investment were all issuing pessimistic analyses about the bear market back then.

Do you remember the day LUNA collapsed?

Shorting all UST-related tokens within three minutes, and waking up the next day to find three additional Porsches in the account. This isn’t prescience; it’s having the black swan list ingrained in your mind—buy BTC during war, buy platform tokens during regulation, go short on altcoins during interest hikes, as simple as picking discounted items at a supermarket.

What’s the most ironic part? The truly profitable trades account for only 5% of my total operations for the year; the remaining 95% is spent waiting like a sniper. After three consecutive days of skyrocketing prices, one must exit; this is a lesson learned from the tragic event of May 19 two years ago. Those who laughed at my cowardice back then were all in line for psychological counseling a week later.

But the real nuclear weapon that allows me to keep institutions under control is… forget it, I’ll save that secret for next time. After all, in the crypto world, sometimes the most valuable thing is that 1% of knowledge disparity that others don’t know. Now, go set your stop-loss orders; remember—only by surviving can you talk about a comeback.

Still the same saying, don’t know how to operate in a bull market? Click on my avatar, follow me, for bull market spot planning, contract secrets, and free sharing.