To survive and thrive in this market, it is best to learn how to manage capital well.

Many people say to trade 5% of your account in one trade. Or even 3% of the account. It sounds like a small amount, and some might say that trading like this will take a long time to get rich. If you think that way, you should reconsider, my friends.

I don't trade 3-5% of my account in one trade; I sometimes trade even less than 1% of my account. After many times of losing everything, I learned this lesson: to survive, you must be patient; assets must be accumulated slowly, and only then can they be sustainable. Just think about it: if you trade 5% and the market goes against you, you will be holding a -500% position, which means you would have lost 25% of your account. Recently, trading ETH and BTC at -500% has become quite common, not to mention those who often trade junk coins or meme coins; they might as well just hand over their money to the exchange. Who can win forever? Who can be sure that they will make a big trade that could change everything?

Trade small, don't be greedy. Gains from a few trades may seem good. It only takes one trade for you to lose both your principal and your profit.