Survival Rules in the Crypto World: Combat Madness with Clarity
1. A single trade is just a simulation
Don’t bet the outcome on one trade. Winning is merely the realization of your understanding, and losing is just the tuition fee the market charges you. Real players look at the entire season's leaderboard.
2. Adult trading has no 'undo' button
Closing a position is a final verdict. The most toxic illusion in the crypto world is 'if only I had'—here, there are only cold K-lines and even colder settlement statements. The speed at which you accept losses determines how long you survive.
3. Plan your trades, trade your plans
When FOMO strikes, the trading plan you wrote in advance is the best calming agent. The difference between a master and a gambler is that the former tames emotions with rules.
4. Stop-loss is a paid escape route
Setting a stop-loss is like buying insurance; you may never need it, but when you do, it can save your trading life. A mindset of luck is the best assistant to liquidation.
5. Position size is your energy regulator
When fully invested, your judgment may distort. Maintain a position that allows you to take a second shot at any time; the market will always give a second chance to the clear-headed.
6. Holding onto losing positions is slow suicide
You think you’re fighting the market, but in fact, you’re battling probability. The difference between a professional trader and a stubborn mule is: the former knows when to surrender, while the latter turns their account into a monument.
7. Don’t let the crypto world become your everything
Remember your original intention for entering the crypto world: to let crypto assets serve you, not to become a sacrifice to the market. Those who become legends of hundreds of times often forget their spare money in their wallets.
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