Don't go all in, listen to the sound of crashing first.

Last night BTC dipped to 101200, A Jie lost 30,000 USDT instantly with 50x leverage. I had a 5x short position, 12% profit, half position, sipping tea and watching the show.

In the winter of 2022, Old Lin had an unrealized loss of 800,000 but still joked: "Contracts are for weeding out people, not for withdrawing money."

Half a year later he made back 1,200,000, relying entirely on ten "iron rules of dog life."

I copied them verbatim; last year's maximum drawdown was 9%, the total liquidation in the network was 37.8 billion USDT.

The iron rules are as follows, few words but lots of blood:

1. Take profit when it's good, short ETH at 3948, close at 3956, even 0.8% is worth running.

2. The greater the volatility, the slower the movement. The Federal Reserve's night market dipped 8.9%, high leverage liquidations were 42%, mine was 0.

3. If you can't understand, shut down. In November, the market was sideways for 5 days, and someone lost 800 USDT in transaction fees.

4. Leverage ≤ 3x, accounts above 10x average lifespan is 57 days.

5. Limit to two trades a day; from October until now, 38 trades with a win rate of 68%.

6. Write incorrectly in the notebook; a 30-word summary increased my win rate from 31% to 59% late at night.

7. If you're anxious, cut half first. Last week's dream of liquidation, closed at the peak.

8. Don't eat the beginning or the end, only eat the middle section of the EMA golden cross, made 18% on BTC and called it a day.

9. Run 5 kilometers daily, whether earning or losing, heart rate accounts reset to zero.

10. Keep 30% of bullets; last night's dip was 10% to flexibly supplement spot, now up 6% in unrealized profit.

Old Lin wrote in a cafe in Dali: Only those who survive deserve to see the sunrise. I muted the liquidation group and posted these ten rules on the screen.

Before going all in, ask yourself: are you here to weed out others, or to be weeded out?

Those who can survive in the market and still make a profit have always been the ones who dare to reach out first.

Are you ready? @bit福多多

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