Nine rules for "Chives Cutting Prevention Stick", I only pasted it on my keyboard to avoid liquidation.

In 2021, I started with 1800U capital, cut positions 37 times in a year, spent 400U on transaction fees, and by the end of the year only had 87U left, even relying on borrowed Gas for airdrops.

My friend Old Cat, on the other hand, only played with 4 coins all year, rolling his account from 20,000 to 300,000.

When I asked him for the secret, he threw me nine "unpopular truths", which I printed out and put on the wall, allowing me to survive until the next bull market.

① Don’t be a scumbag switching coins randomly.

Last year when SOL was stagnant, I switched to MEME because I found SOL slow, but six months later SOL was up +380%, while MEME was down -60%.

On-chain data: Addresses holding for >180 days have an average return 4.6 times higher than short-term traders; time is the biggest leverage.

② Trending topics = top signal lights.

On December 4, #BONK topped Weibo, and 24 hours later the price was down -27%, with a trending topic buy-in rate of 73%; no matter how enthusiastic, it must cool down first.

③ A hundred times is a fairy tale, doubling is already a blessing.

Old Cat held LDO for a whole year, with a maximum drawdown of 42%, finally exiting with +240%.

He said: "If you can hold your pee, you can hold your profits."

④ While others are FOMOing, you calculate.

I set a hard rule for myself: "Profit-Loss Ratio ≥ 3:1"; I don't open positions unless I meet the standard. In December, I missed two opportunities for "flying coins", but avoided a -50% spike, and my account is still intact.

⑤ Stay away from contracts in a bull market.

Last October, BTC dropped -12% overnight, high-leverage long positions liquidated 2.8 billion U, while spot traders only had floating losses, waking up to new highs.

⑥ Only those who can endure the bear market have wings.

Among projects with a survival rate <10% in the bear market of 2022, APT, OP, and ARB all soared this year; coins that survive the bear market come back to life in the bull market.

⑦ Small funds should not forcefully chase mainstream.

For capital <10,000U, I focus on "small-cap stocks" with circulation <30% among the top 200, with a market cap below 50 million; for large funds >100,000U, honestly stick to BTC + ETH, a heavy investment in safety is key.

⑧ Following the trend = easy win.

Only short below the daily EMA60, only long above it; in 2023, the backtest win rate was 68%, much more comfortable than guessing tops and bottoms.

⑨ Retreating is the destination.

In November 2021, I had a floating profit of 9 times but didn’t dare to exit; five days later it became 2 times. Now I set a "ladder profit-taking":

Every 100% increase, I take out 30%; only when I withdraw USDT to my bank card, that money is called profit.

Post these nine rules on the edge of your screen, and every time you think of trading, recite them once. You will find that living longer is more rewarding than rising quickly.

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