The numbers on the screen pierced my eyes, and the account balance changed from six digits to three. That late autumn, Lao Yang hoarsely told me, 'Sister, 520,000 is gone.'
I vividly remember that night last autumn. My childhood friend Lao Yang called, his voice raspy like sandpaper: 'Sister, 520,000 is gone...' There was a long silence on the other end of the line. Later, he told me that when he saw the account balance reduced to three digits, he stared at the screen and cried all night, thinking he would never have anything to do with the crypto world again.
But I know that deep down, Lao Yang has an unyielding spirit. Sure enough, this spring, he found me with only 3100U left, tightly gripping my wrist and saying, 'Either admit defeat and leave, or rely on this little money to stand up again!'
Who would have thought that this 3100 U would become the starting point for his turnaround? This summer, his account broke 90,000 U, and by deep autumn, he not only made up for a 520,000 loss but also earned an additional 40,000. This is by no means luck, but three survival rules he learned from painful lessons.
1. Always leave a way out: Surviving is the hard truth.
Old Yang used to be a frenzied all-in type of trader. Chasing highs and cutting lows was his norm; seeing hotspots made him want to all-in, resulting in a mess every time.
'The first lesson for survival in the crypto world is to ensure you never leave the table.' This is how Old Yang tells me now. He set strict rules for himself: each single investment must not exceed 25% of the total capital, and if losses reach 10%, regardless of subsequent market conditions, he will immediately stop losses.
He admitted: 'I used to think that stopping losses meant admitting defeat, but now I understand that stopping losses is for better survival. As long as the account is not blown, there is still a chance.' This is also a lesson learned by countless veterans in the crypto world with real money—managing position size is key to retail survival.
2. Follow the trend: Do not act against the market.
Old Yang was once obsessed with 'bottom fishing and top selling,' always wanting to buy at the lowest point and sell at the highest point. The result was often buying halfway up the mountain and cutting losses at the floor.
Now he has completely changed his mindset: 'I no longer try to predict market tops and bottoms, I just follow the trend.' He focuses on trend judgment at the daily level: if the market clearly trends upward, he goes long; if it breaks key support, he goes short.
Once, when Bitcoin rose for three consecutive days, he followed the trend and made over 6000 U in a single day. 'Don't fight against the market, the trend is your friend.' This strategy aligns with the experience of successful traders—let the winners run and cut off the losers is the lasting way.
3. Profit should be taken in time: Greed is the biggest enemy.
'The biggest tragedy in the crypto world is having made a profit but not taking it.' Old Yang said with a bitter smile. Now he only keeps 30% of the profits for continued investment, and resolutely withdraws 70%.
Last month, his account just broke 100,000 U, and he immediately withdrew 70,000 U to deposit in a fixed term. 'It's okay to be slow, just be afraid that greed will cause you to lose the money you've made.'
This strategy of taking profits and locking in gains is precisely the key emphasized by many winners in the crypto world. Profits in a bull market need to be converted into real wealth in a timely manner, not repeatedly gambled away.
4. My observations in the crypto world: Discipline outweighs talent.
As an analyst in the crypto industry for many years, I have seen too many stories like Old Yang's. The crypto world is not lacking in smart people, but it lacks disciplined individuals.
Technical indicators are just tools; the real core competitiveness is mindset and discipline. Old Yang's success does not lie in what secret techniques he has mastered, but in his adherence to his trading principles.
Now Old Yang also operates with a few people around him. Neighbor A Zhe used to blow up his account every month, but after following him for half a year, he grew from 1500 U to 7200 U. There was also a netizen who almost went all in to bottom fish a popular coin, but was stopped by Old Yang in time, avoiding a 20% crash.
Old Yang often says: 'I'm not some kind of master, I just learned not to be impulsive and to follow the rules after being beaten up by the market.' Indeed, the crypto world lacks skills; what it lacks is the courage to get back up after falling and the restraint to hold onto one's original intent.
Conclusion: Survive, and you will see the next bull market.
There are no eternal winners in the crypto world, only evolving survivors. Every bull market creates a batch of new elites, and every bear market eliminates a batch of speculators.
The real winners are not those who make short-term profits, but those who can survive sustainably and achieve stable profits. They understand risk control, adhere to discipline, and maintain patience, which is the only way to survive in the crypto world in the long run.
In this 7×24 hour continuous trading and highly volatile market, surviving is more important than making quick money. Because only by ensuring you are always present can you wait for the opportunities that truly belong to you.
Old Yang's story tells us: In the crypto world, the ultimate practice is to cultivate one's character. The market is always there, opportunities are always cycling, the key is whether your capital and confidence can support you until the next bull market arrives.
Follow A Ke to learn more first-hand information and precise points of knowledge in the crypto world, becoming your guide in the crypto space; learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
