The screen light at three in the morning stings my eyes, and my hand trembles uncontrollably while gripping the mouse—this is my daily life during the worst times of trading cryptocurrencies.
It's not an exaggeration; it's the true feeling of being on the brink of despair.
Back then, I heavily invested in the $ETH ETH contract, and my account of over 600,000 USD plummeted to only a few thousand; that suffocating feeling of falling from the clouds into an ice cellar still tightens my heart when I think about it.
Only later did I completely understand that being able to climb out of the pit relies not on any magical indicators, but on four ironclad rules forged with real money.
First rule: Only guard your "safe zone".
I used to be afraid of missing out, and when I saw coins like S$SOL skyrocketing, I would impulsively jump in, only to end up buying at the peak every time. Now I have drawn ambush lines, waiting for mainstream coins to pull back to the 20-day moving average and for trading volume to increase by over 30% before taking action; if it doesn't reach the target, no matter how crazy the market gets, I just watch from the sidelines.
Second rule: Calculate how much you can lose before thinking about how much you can earn.
I set stop-loss orders before every trade; with a 10,000 USD capital, I never allow a single trade to lose more than 100 USD. In the past, I was always thinking about doubling my money; now I understand that surviving in the crypto world is more important than anything else—keeping the capital gives a chance to turn things around.
Third rule: Take profits promptly and "cash in".
Last time I traded $BTC in a swing, when profits reached 15%, I withdrew half of my capital at the previous resistance level and set a trailing stop to follow the trend with the rest. Later, the market indeed corrected, and I managed to secure most of my profits.
Fourth rule: If there's no signal, just "lie flat" and wait.
In the past, I couldn't stand a day without making a trade, but now I have completely changed—I won't touch opportunities that don't meet my rules, no matter how tempting they look.
Trading has never been about diligence; it's about the patience to wait for "good pitches".
Relying on these four simple rules, I gradually climbed my account back from four digits to six digits.
The change in numbers is a result; what’s more precious is the change in mindset: I can now sleep soundly at night, and when I see the market soaring, I don't get greedy, and when it crashes, I don't panic.
The crypto world has never been a casino; making big money doesn't rely on luck, but on the determination to stick to the rules.
Remember these rules, and you too can emerge from the pit.
If you are still tossing and turning over the market, why not write down these four rules and stick them next to your screen? In the next wave of the market, let's uphold the rules and wait for opportunities together. @不贪的阿 K



