Last year, a brother found me, with 1800U in his pocket. Without saying much, he directly said: Brother Bao, I want to learn something real.

At that time, I thought he just wanted to join the hype in the crypto world, but three months later, this kid managed to roll 1800U into 80,000U without experiencing a single liquidation. Don’t talk about talent and luck; the reason he could achieve this is simply that he listened to the three life-saving principles I learned through blood losses.

The first principle, I told him: here, diversifying your account is not a suggestion; it’s a lifeline. You have no idea how many newcomers come in and go all-in, excited when the market rises and questioning life while staring at the K line when it falls, letting the market lead them by the nose. I directly split his 1800U into three parts: 600U for day trading, one trade a day, and if the situation isn’t right, better to not trade; 600U for swing trading, never move unless the trend is established; 600U as a bottom position, not touching it even if the sky falls. Because of this principle, he emerged unscathed from that big drop.

The second principle, I told him: don’t think about eating the whole fish; just eating the fish body is enough to fill you up. Most of the time, the crypto market moves sideways; if you look at it every day, you won’t be able to resist making trades, and the fees and fake volatility will be enough to kill you a few times. I taught him: if there’s no movement, just pretend you didn’t see it; only act when the opportunity arises. If a trade exceeds 20% profit, immediately take some profits, never bet against the market’s temperament. Last week during the ZEC wave, he firmly seized the “fish body,” and made a clean 30% profit, just like in a textbook.

The third principle, I told him to throw away his emotions: you’re not here to fall in love; you’re here to make money, treat yourself like a robot. If you lose 2%, cut it immediately; if you gain 4%, reduce your position. He struggled with these rules at the time, but looking back now, each one was a lifesaver for him.

Yesterday he told me: Brother Bao, now when I watch the market, my heart rate is steady, cutting losses doesn’t hurt, and holding doesn’t make me anxious; I just do what I need to do. This market is the most brutal yet the fairest: it’s not the smartest who wins, but the one who follows the rules survives. If you’re still being led by your emotions, feeling itchy at the sight of fluctuations, always wanting to get rich overnight, then sooner or later, the market will wake you up: it’s just a matter of time.

If you’re feeling lost and running around chaotically right now, don’t force it. Wait until you’re ready, then come find me. @招财阿宝