I am not a cryptocurrency mentor, nor do I offer courses or earn commissions; I am just an old investor who has experienced liquidation and pitfalls.

Last year, a friend came to me with 2700U and said he wanted to recover his losses. I didn't explain complicated moving averages; instead, I gave him three "life-saving rules" that I learned the hard way. After following them for three months, his account grew from 2700U to 50,000U, and he didn’t have a single liquidation during that time. How much you understand these rules depends on your respect for the market.

First rule: divide into three parts, prioritize survival before profit.

I had him divide the 2700U into three portions: 900U, 900U, 900U, and absolutely not touch a single cent. This is a lesson I learned from being liquidated on my entire capital and losing sleep at night:

First trade short term: open at most two positions and close the software after each operation; don’t keep staring at the market, greed leads to losses.

Second trade wait for the trend: if the weekly chart does not show a bullish pattern and key positions are not broken, remain in cash.

Third trade is emergency funds: once the market spikes and risks liquidation, top up to ensure at least some funds remain in the market.

Liquidation only means losing the principal; losing everything completely cuts off the chance to recover. Without capital, there are no opportunities.

Second rule: only trade the trend, don’t make random trades out of greed.

In my early years in a volatile market, I always tried to catch rebounds and ended up making many mistakes. Later, I realized: only trade the big trend, don’t engage in short-term fluctuations.

Cash position principle: if the daily moving average does not show a bullish pattern, stay in cash;

Enter after confirming the trend: break through previous highs, increase in trading volume, and stabilize daily closing before daring to enter with light positions;

When profits reach 30%: first take half of the profits, set a 10% trailing stop for the remaining. What you earn is always given by the market; there’s no need to forcefully take everything.

Third rule: control emotions and execute strictly.

Before entering, you must write down your trading plan and stick to it:

Stop loss is non-negotiable: set a stop loss at 3%, it automatically closes at that point; don’t think about “waiting a bit longer”;

When profits reach 10%: immediately move the stop loss to the breakeven point; the profits after that are all bonuses from the market;

Close positions on time: shut down the computer at 12 o'clock every day; if you really can’t sleep, uninstall the app. Staring at the market for too long can mess with your emotions, and when emotions are messed up, mistakes happen.

The market has opportunities every day, but without capital, you have nothing.

After stabilizing these three rules, then look at technical analysis, wave theory, and so on.

These three simple yet effective rules, if executed well, will bring you closer to turning the tables.