In my early years, I started with a capital of 50,000 and gradually grew it to 302,000 in the first two years, stabilized at 590,000 in the third year, and by the fourth year, I was completely carried away — in August, my account reached 3.78 million, and by November, it exceeded 7 million directly.

Back then, I was impulsive, quit my stable job, borrowed money to leverage, and always thought "luck will keep favoring me." As a result, when the financial crisis hit, I not only lost all my profits but also took on debt. In the end, I had to sell my house to pay off debts, and my family almost fell apart.
It was only at the low point that I woke up: all the money I made before was just luck, not skill.
Then, for the next three years, I stopped making reckless trades, reviewed and summarized day and night, and finally turned things around with a practical trading logic. These six core principles can avoid 80% of the pitfalls:
1. Don’t be a “coin collector.” I used to hold a dozen niche coins, most of which went to zero. Later, I learned that three core strategies are enough: hold BTC for long-term to avoid missing out, trade ETH for moderate fluctuations, and pick one strong sector leader (like AI, RWA). It’s much more reliable than buying randomly.
2. Stop when emotions run high. Once, during a surge of liquidations across the market, I didn’t stop, and lost 200,000 in a day. Now, I set strict rules: if liquidation numbers are high, or three big green candles hit the hot search, or amateurs follow the trend and buy, I stop and cool down for two hours. It saves a lot of losses.
3. Position size is a life line. In the early days, I would go all-in, and when prices crashed, I had no more funds to add. Now, I keep a fixed position: 50% USDT for emergencies, 30% quality coins for long-term holdings, and 20% for short-term quick trades. Keeping capital is key to turning things around.
4. Take profits and cut losses without illusions. I used to add to positions when prices dropped 10%, only to get stuck in despair. Now, I follow strict rules: take half profits at a 10% rise, close completely at 20% profit to switch to stable assets; if it drops 5%, wait for logical stabilization before re-entering; if it drops 10%, close immediately and reflect—no holding through losses.
5. Master the basics within a week. When I first entered the market, I bought blindly and lost badly. Later, I summarized three steps: look at daily candlestick charts + MA10/MA30 to find support and resistance; fake breakouts happen when volume increases but price doesn’t rise; don’t chase after coins that surge at the end of the day; understand the market within a week.
6. Build positions like fighting a battle—gradually. In the past, I would go all-in with 3,000 yuan, panicking at the first dip. Now, I start with a 900 yuan base position, add 900 on support dips, add 600 on resistance breakthroughs, and keep 600 ready for sudden drops—focus on rhythm, not speed.
The crypto world is never about luck; discipline is the key to going far.
There are many lost souls in crypto, but I only wish to help those who are willing to save themselves.