Over the past few years of trading altcoin contracts, my biggest realization can be summed up in one sentence:
$JELLYJELLY
Those who survive are never the ones who make the most money, but those who die the slowest.
When I first entered the market, I also scrolled through groups every day, watching others share their profits—
A single needle, ten times; a surge, an account flips.
But when it was my turn to get my hands dirty, I rushed in faster than anyone, and lost harder than anyone.
After a few liquidations, I realized that trading altcoin contracts is not about “having insight,” but about how long you can hold on.
Later, I gradually formed a set of my own “survival habits.” It’s not some profound system, just a few hard rules that I refuse to change regardless of advice.
I now never touch the cheap ones during a downturn.
With altcoins, there’s no bottom when they fall; the so-called “it has already fallen a lot” is often just the prelude to disaster.
I only wait for them to come out on their own—
Increased volume, breakthroughs, standing at key positions; ideally, I can see on the daily chart that funds are starting to take it seriously before I consider entering.
It’s okay if the price is a bit high; I’d rather buy confirmation than gamble on miracles.
Secondly, I value position size more than direction.
With altcoin contracts, I will always have a small position; it’s impossible for me to go heavy.
The volatility is too great; a heavy position will only cause emotions to explode first, and there won’t be enough time to execute the strategy.
I prefer to use a “non-lethal position” to gain the qualification to keep taking action.
As long as I’m still here, opportunities will always exist.
And one more thing, which many may not want to hear:
I don’t discuss long-term with altcoins.
Regardless of whether I make a profit or a loss, once the time is up, I walk away.
If I don’t see the desired movement within three days on a short-term basis, it’s mostly not the market’s fault; it’s my judgment that was wrong.
If I’m wrong, I admit it; retreating is far more sophisticated than stubbornly holding on.
I’ve seen too many accounts that “were originally contracts but ended up believing in faith,” and their outcomes are all very consistent.
Looking back now, I have indeed missed quite a few “get rich overnight” opportunities.
But it’s precisely because of this that I have never been buried even once.
What I earn is always the cleanest and most certain segment within the trend.
In altcoin contracts,
I don’t chase myths, don’t gamble on luck; I only seek to survive a little longer.
This is probably all the experience I can offer at the moment.