First rule: leverage is poison, not medicine; too much will lead to death.
20 times leverage, making 400,000 in a day feels like using drugs — the numbers on the screen jump, and you feel like you're floating on clouds, thinking you can move the Earth. But this thrill comes at a price. That night of 519, evaporating 600,000 in two hours, I finally woke up: leverage is not a shortcut; it's an accelerator that can shoot you to the sky but also make you crash into pieces.
Now my rules are simple and brutal: leverage should not exceed 3 times, and total position should not exceed 5%. Why? Because the volatility in the crypto world does not require leverage to amplify — a 10% fluctuation in Bitcoin in a day is normal, and 3 times leverage is enough for you to make a profit without being wiped out in a single spike. Remember, leverage is a tool, but 99% of people use it to self-destruct. The truly tough ones rely on position management and patience, not risking their lives.
Second rule: Don't look for 'family heirlooms' in the casino.
I once heavily invested in a project that claimed to be the 'domestic Ethereum'. When its market value reached 1.5 million, I firmly believed I was engaging in 'value investing'. Now, it is worth 0.001 USD. The most ironic part of the crypto world is: you think you are bottom fishing, but you are actually taking over the bag; you think you are hoarding treasure, but you are actually collecting garbage.
Currently, my allocation is: 85% Bitcoin + Ethereum, 15% entertainment fund. Why? Because Bitcoin and Ethereum are survivors validated through cycles, while most altcoins end up at zero. Don’t believe in any 'ten-thousand-fold myth'; those stories are told by the market makers to the retail investors. What you really should do is pick assets like choosing fruits — no matter how many rotten ones there are, don’t touch the core positions.
Third rule: Stop-loss is the last dignity left for yourself.
What the crypto world lacks the least is the 'gamble mentality': when prices drop, you think they can rebound; when you are trapped, you fantasize about breaking free. And the result? Profit loss, capital halved. Now, I set a hard stop-loss of 8% on every trade; if it hits, I exit without mercy. This is not cold-blooded; it’s self-preservation.
Why 8%? Because this is the critical point of psychological endurance — no matter how much you lose, your mindset can easily collapse. The core of making money in the crypto world is longevity, not aggressive profits. Those who shout 'value investing' but stubbornly hold on are mostly self-comforting individuals trapped in positions. True value investing is about being brave enough to admit mistakes, cutting losses in time, and saving bullets for better opportunities.
The last heartfelt words.
If you wake up tomorrow to find your account cleared, can you calmly enjoy hot pot? If yes, continue; if no, exit. The crypto world is not short of opportunities; what it lacks is the capital to survive until the next opportunity.
After eight years of ups and downs, I crawled out from the ruins, and now the light is in my hands. Do you dare to keep up? Follow Ake for more firsthand information and accurate insights into the crypto world, becoming your navigation in the crypto realm; learning is your greatest wealth!#巨鲸动向 #ETH走势分析 $ETH
