A truly mature cryptocurrency trader is never a 'god' who never loses.
Last year, when $BTC broke through $120,000, there was a small team in the circle that made quick money by following trades, doubling their profits by chasing high $MEME coins, but they went bankrupt because they didn't set stop-loss during a single pullback — such examples are everywhere.
Data shows that the liquidation rate of ordinary investors in the cryptocurrency market due to lack of risk control is as high as 45%, while the maximum drawdown of top traders can generally be controlled within 15%, which is the dividing line between survival and exit.
I have always felt that the first step in the cryptocurrency circle is not to study complex indicators, but to embed risk control into the smart contracts of each trade.
Without a risk control system, no matter how high the win rate, it cannot withstand the impact of black swan events.
Just like the AI circuit breaker mechanism of the XBIT exchange has verified, by dynamically adjusting leverage and tracking collateral rates in real time, it can reduce the liquidation rate from the industry average of 45% to 28%.
First survive, then you can start making money.
Staying in the market for a long time, the advantages of positive expectation strategies verified by backtesting will emerge.
Rather than blindly following trades and betting on direction, it is better to build a dedicated trading system and use position management and stop-loss rules to protect your account.
You should know that only with clear rules and controllable risks do you have the qualification to participate in this trillion-level market game.
In the cryptocurrency circle, it's not about bravery, but about who can last longer.
Follow me for practical skills that can be implemented, see you in the Binance chat room. @在带单的阿猫
