2018 Christmas Eve, I almost died in the crypto world
$ZEC
That winter, the rental apartment in Shanghai was as cold as an ice cellar.
I stared at the screen, watching Bitcoin plummet——
In three days, from a profit of 4 million to a principal of 700,000.
$UNI
Three days ago, I thought I had touched the threshold of freedom;
Three days later, both principal and interest were completely devoured by the market.
At that moment, I understood what it meant: wealth on paper, turned to ash in fire.
$ALLO
In ten years of the crypto world, I exchanged blood and tears for three iron rules, climbing back from 700,000 to 10 million.
These rules are very simple, but they are lessons I bought with real money.
First, leverage is a knife, not wings
I once used 20x leverage, earning over 500,000 in one day.
Also, on that night of "924", in two hours, I nearly went to zero.
Now my trading interface:
Leverage locked at 3x, single coin position ≤ 5%.
This is not cowardice; it’s understanding—
Surviving means you have the right to talk about making money.
Second, mainstream coins are your ballast
I once heavily invested 300,000 in a "hundred times altcoin", watching it rise to 1.8 million without selling, and it finally went to zero.
Now my position:
85% in BTC, ETH, only 15% to test new coins.
If you can't hold the fundamentals, when the storm comes, the ship capsizes first.
Third, stop-loss is a lifesaver, not a suggestion
In the past, I added to my position after a 15% drop, resulting in losing half a house.
Now for every trade, I set a hard stop-loss of 8% in advance; if it hits the line, I exit.
A drawdown exceeding 8% often means you were wrong.
Admit your mistakes in time; with the principal still intact, there’s always a next round.
The market always has opportunities,
But many people don’t survive to see the day the opportunity comes.
Having a million account is not for boasting,
That is just the “interest” of ten years of disciplined adherence.
In the crypto world, living long is a hundred times more important than making money quickly.
I used to stumble in the dark; now the light is in my hands.
The light is always on; will you follow?
