🔥 After ten years of trading cryptocurrencies, from massive losses to recovery, I have summarized nine core iron rules for survival and profit in the crypto world!

Want to survive and make money in the crypto space? It's not about luck, nor is it about passion, but about understanding + strategy + risk control. The following 9 points are few, but each one is worth its weight in gold:

1️⃣ Profits and losses are asymmetrical

💡 If you have 1 million, gaining 100% turns it into 2 million; losing 50% brings you back to square one.

Insight: Risk control always takes precedence over profit pursuit.

2️⃣ Price changes ≠ symmetrical

💡 If you gain 10% and then lose 10%, your account is not back to square one, but -1%.

Insight: Frequent chasing of highs and cutting losses will only lead to chronic losses; trading logic must be improved.

3️⃣ Volatility will erode long-term gains

💡 If you have three consecutive years of volatility: +40%, -20%, +40%, the actual annual return is only 5.83%.

Insight: Avoid sharp drawdowns; steady growth is the long-term path.

4️⃣ Earning 1% daily? It's a fantasy

💡 Earning 1% daily for 500 days amounts to 145 million, but the market won't let you be that smooth.

Insight: Being greedy for quick gains is a recipe for liquidation; low expectations and a slow pace are more realistic.

5️⃣ Sustained high returns are hard to replicate

💡 Doubling every year sounds great, but the market's norm is repeated fluctuations and deep drawdowns.

Insight: Focus on long-term trends and avoid fantasizing about continuous windfalls.

6️⃣ True compound interest thinking = high understanding + high patience

💡 Want to achieve a thousand-fold in 30 years? You only need an annualized return of 25.89%, which seems low but is extremely hard to achieve.

Insight: Continuous profits do not rely on quick hits but on a 'compound interest structure'.

7️⃣ Averaging down is not simple averaging

💡 Buying 10,000 at 10, and then buying another 10,000 at 5 gives a total cost of 6.67, not 7.5.

Insight: Each averaging down requires careful assessment of risk and cost weight.

8️⃣ Locking in profits ≠ complete safety

💡 After making a profit of 10%, leaving only 10% of your position seems like 'cost is zero', but a downturn can still lead to losses.

Insight: Unrealized gains are not a protective charm; risk control must be consistent.

✅ In summary:

The crypto space is not about explosive power, but about lasting longer, moving steadily, and earning continuously.

By understanding these nine rules, you may not earn the fastest, but you will certainly lose the least and go the farthest.