In the cryptocurrency circle, discipline is more important than intelligence for survival.
"Brother, there's only 3200U left, can I still survive?" At two in the morning, I suddenly received this voice message tinged with tears. The sender is a post-90s hardware engineer who lost 200,000 in six months and maxed out two credit cards.
I returned the call and only said: "Let's talk tomorrow afternoon, I'm turning off my phone to sleep now." The next day, I gave him a four-step rescue method, leaving no room for negotiation, and only required him to strictly follow it.
01 Stanching: You can only survive by stopping
My first instruction to him: immediately close all positions, leaving only 3200U in the account, and lock the screen for three days. During this time, he is not allowed to look at the market, run five kilometers every day, and go to bed before ten at night.
Why do this? The biggest enemy in trading is often ourselves. Decision-making quality drops sharply when we are fatigued, much like a buggy smart contract.
Many people lose money not because of market misjudgment, but because they continue to make mistakes after their mindset collapses.
He followed the instruction, and two weeks later he sent a screenshot: the maximum drawdown was controlled at 2.8%. 'Finally, I can sleep,' he said. This is the first step to recovery—stop self-harm.
02 Framing: Binding Impulses with Rules
I handed him a template: Date, Currency, Entry Reason, Stop Loss, Take Profit, Error Attribution. I required him to blacklist all currencies except Bitcoin and Ethereum, and leave all Telegram groups.
For every trade completed, a form must be filled out and sent to me every night for inspection. If a mistake is made, a 50 yuan red envelope will be sent, no leniency.
Forty days later, he accumulated 37 trade records, with an error rate of zero. He referred to that form as the 'Constitution,' polished to a shine. Trading discipline is not a guideline, but a lifeline.
In the early days, I also thought I was smarter than the trading plan, and I paid a painful price for it.
The reason rules exist is that they are distilled from countless lessons.
03 Rolling Profits: Creating profits from profits
The most critical step: permanently freeze the principal at 3200U, only trade with profits. For every 200U earned, an additional 100U position is allowed; if a drawdown of 100U occurs, immediately reduce the position. After three consecutive wins, a mandatory 24-hour break is enforced to prevent overtrading.
He called me 'picky', but two months later, he excitedly texted: 'Trading profits have finally surpassed my salary.'
This 'snowball profit' method essentially enforces risk control. The secret to surviving in the cryptocurrency world is not how much you can earn in one go, but how long you can last.
Risk management may not be sexy, but it is the pillar of successful trading. Most traders focus on entry points, but the real magic lies in exit points.
04 Solidification: Making discipline instinctive
Starting from the fourth month, a major review at the end of each month: export Excel, plot capital curve, write an 800-word reflection and send it to me. By the sixth month, he wrote the rules into a Python script, and would not place orders without a green light.
He said: 'I put my impulses in a cage.'
Three hundred and six days later, the account reached 52400U, with a net return of 17 times, and the capital curve rose at a 45-degree angle. He emailed me: 'Thank you for keeping me disciplined.'
I replied: 'Don't thank me, thank yourself for not messing up again.'
I have seen too many people trapped in a vicious cycle of 'frequent trading, full margin betting, blindly chasing highs, greed in profits, and stubbornly holding losses.'
Data shows that low-frequency traders achieve an annualized return of 18.5%, significantly higher than high-frequency traders.
The cryptocurrency circle is not a casino, but a battlefield requiring discipline and rationality.
The core of turning small funds around is not finding a hundredfold coin, but establishing a sustainable sense of rhythm—hitting the rules target with bullets, rather than shooting aimlessly.
Next time you want to go all in, silently repeat three times: 'What saves me is not luck, but sticking to the plan for the next trade.' Follow Xiang Ge for more first-hand news and precise points in the cryptocurrency world, become your guide in the cryptocurrency space, and remember that learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
