Having been in this market for eight years, I have seen too many stories of overnight riches, and even more tragedies of people losing everything overnight. Today I don't want to talk about flashy technical indicators or hype about 100x gains; I just want to share the insights I've gained from years of stepping on landmines with real money. Beginners, listen up—these words are worth keeping in mind; veterans, take a look too, and let's find the loopholes together.



**First Rule: The more idle you are, the more you make; the more frequently you trade, the more you lose**

When I first entered the market, I was naive and thought that not moving my account for a day was equivalent to losing a billion. Turns out? The trading fees alone ate up 36.5% of the principal. I later realized that while the crypto market operates 24/7, frequent buying and selling is just working for the exchange. Conversely, doing nothing allows the account to grow the fastest. Waiting is truly a luxury—only those with patience deserve to wait for good opportunities. A precise buy or sell point is worth ten messy operations.

**Second Rule: Not losing is winning; staying alive is always the top priority**

The cruelest thing in this circle is this—one margin call, and the account is wiped out, with no chance to turn around. I have watched people leverage to chase gains and then ruin their lives; I’ve also seen people stubbornly hold through a bear market, only to cut at the bottom. So my current principle is simple: if you lose, you lose; never add to a losing position. Only when you make a profit do you dare to increase your position. Don’t listen to those "sure-win" nonsense; the market loves to teach lessons to overconfident people. Remember, surviving is victory; everything else is just illusions.

**Third Rule: Accumulate coins in a bear market, don’t miss out in a bull market**

During deep bear markets, the entire market is chillingly cold, and few people discuss the trend. But this is precisely the best time for dollar-cost averaging. I insist on buying a little mainstream coins every month—not because of some "digital gold" story, but because history has proven that they can survive multiple cycles. That’s true security.
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BlockchainWorkervip
· 20h ago
Wow, a 36.5% fee—how often do you have to trade to rack up that much... Frequent trading really is a suicide strategy. I'm currently not touching anything, and my account is actually increasing. That part about liquidation was a bit heartbreaking; I do have friends who chased the rally with leverage and lost everything. I have to admit, holding coins during a bear market is wise—history is right there, and coins that have survived multiple cycles can indeed withstand the test.
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GasBankruptervip
· 20h ago
Damn, I really feel you on that 36.5% fee. I was once the favorite of the exchange too. --- Living is the key. My current approach is to just lie flat when I’m losing money, and never top up. --- I don’t have as much patience as you for holding coins, but in the bear market, everyone who’s been picking up bargains has made a killing. --- Frequent trading is basically suicide, brother. I can only log into my account a few times a month now. --- That liquidation scene was so heartbreaking. Among the people I know, those who’ve been through that really haven’t turned things around. --- DCA (Dollar Cost Averaging) every month is definitely a safe strategy. Compared to technical analysis, that’s all nonsense. --- These eight years of pitfalls were worth it. I’m way more clear-headed than I was in the past two years of reckless trading. --- The key is still to stay alive, right? If you wipe out, everything’s over. --- When the bear market ignores you, throwing money in is such a strong mindset.
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