From losing money in crypto to earning a million a month: I relied on 3 “ridiculously stupid” dead rules to turn contracts / spot trading into a guaranteed profit tool

In the past two years, I stayed up late watching K lines, got liquidated on contracts, and took out cash on my credit card while still in debt; even buying a cup of coffee required using a credit service — until I threw away the ideas of “high sell low buy” and “chasing hotspots,” instead binding myself with the most rigid rules, I went from losing 30,000 a month to now steadily earning seven figures monthly.

Crypto trading is not about “hitting a hundredfold coin,” but about daring to use “stupid methods” to lock in risks.

1. Capital safety line: Without chips, a bull market has nothing to do with you.

The volatility in the crypto world is 10 times that of the stock market; my current account safety lock comes from the losses incurred during 3 contract liquidations:

Splitting positions is like “spreading pepper”: with a capital of 100,000, only invest 10,000 in a single trade (both contracts / spot are the same), and the total position is always capped at 20% (even if seeing “new public chains must rise,” it won’t exceed this). Stop-loss is “cutting wires”: if a single trade has a floating loss of 2%, close it directly, regardless of the illusion of “immediate rebound” — hesitating once could wipe out 10 times the profit (a spike in crypto can wipe out 30% of your capital in 10 minutes). Leverage is “a bomb”: beginners should directly remove the contract leverage function; even experienced traders, no matter how right they are about the trend, should never touch a leverage multiple of 5 (I’ve seen someone earn 100,000 using 20x leverage, only to be liquidated and lose 200,000 an hour later).

2. The dumb way to make money: less trading = more profit.

In crypto, there’s a new hotspot every day, but 90% of trades are just “paying transaction fees to the exchange”; I now only do 2 things every day: wait for signals, press buttons.

Only eat “one-sided meals”: either only trade in rising trends of spot, or only trade in falling markets of contracts, and don’t play “long-short switching” — last year, I only focused on the rising cycle of Bitcoin, avoiding 12 contract liquidation pitfalls. Discipline is “like a robot”: set rigid rules in advance: take profit at 5% floating gain in spot, stop loss at 3% in contracts, and execute directly at the point.

Trading is like “doing subtraction”: only do 1-2 trades a day, and close the app if it exceeds 3 — in the crypto world, transaction fees + slippage can eat away half a month’s profit (last month, a friend of mine had transaction fees exceed profits by 30,000).

3. Avoiding pitfalls life-and-death line: 90% of crypto traders die in these 3 “common senses.”

I now see newcomers making these mistakes and feel anxious for them.