During the chain liquidation last November, I watched with my own eyes as half a year's profits evaporated. Contract liquidations, bottom fishing buried, and choppy market conditions... The market taught me a lesson in the cruellest way: there is no luck in the crypto world, only premeditated harvesting. Looking back now, that experience has become my best 'tuition.' Today, I share three painful lessons, hoping they will be useful to you.
1. Account isolation: build a firewall for your assets
I once took shortcuts by putting contracts, mainstream coins, and altcoins all in one account. As a result, one day the altcoins suddenly crashed by 35%, triggering the stop-loss line for mainstream coins, and I returned to square one overnight. The volatility in the crypto world does not play fair; mixed positions are just sending the traders a 'chain explosion package.'
After painful reflection, I completely diversified my accounts:
Contract accounts: only allocate 5% of the position, leverage not exceeding 3 times, strictly set stop-loss;
Mainstream coin accounts: only hoarding BTC/ETH, only making medium to long-term regular investments, not touching short-term trades;
Altcoin accounts: further split into 'long-term bets' and 'swing trades' to avoid emotional interference.
After diversifying, even if the altcoin account is halved, it will not shake the foundation of the mainstream account. Risk control is not a technique; it is discipline.
2. Identify the dealer and discern the trend: understand the 'script' behind the K-line
The dealer's manipulation is never charity, but a carefully designed trap. For example, strong dealers with clear coins (like BNB, OKB) are supported by the exchange ecosystem and have relatively stable trends; however, the tactics of small dealers with hidden coins are deeper—I once kept an eye on a small coin that resisted falling each time the market dropped, clearly protected by the dealer, but suddenly one day it surged without volume and then fell back. I immediately liquidated my position. Sure enough, shortly after, it was halved, and retail investors were all trapped at the peak.
The dealer's tactics often have traces to follow:
Control signal: low turnover rate but stable price, indicating concentrated chips;
Selling signal: continuous decline after a surge in volume, the community is frantically calling for trades;
Trap signal: great news but no increase, it's likely a bait.
Remember: dealers understand human nature better than you do, don’t fall in love with swings, only eat the belly meat of the fish.
3. Patience at the bottom: wait for the market to 'forget' the opportunity
After clearing my leverage, I once hurried to bottom-fish a certain altcoin, but the more I added, the more it fell, becoming the dealer's 'ATM'. Later, I understood that the real bottom is hidden in the market's emotional freezing point: on-chain whales stop selling, community discussion heat drops sharply, good news comes out but no one responds.
At this time, what you should do is not to take action, but to wait:
On-chain data: the proportion of whale addresses transferring to exchanges continues to decline;
Emotional indicators: fear and greed index below 20, community activity declines;
Time verification: sideways oscillation for more than 1 month, volatility continues to narrow.
Bull market dividends only belong to those who survive, and the premise of survival is to learn to stay in cash.
The last piece of sincere advice
The crypto world is not a casino; it is a hunting ground drawn by dealers with K-lines. Those violent ups and downs are never accidents, but precise strikes against human weaknesses. If you are always led by emotions, you are highly likely to become a victim in the 'hunting ground'.
On the cover page of my investment diary, there is a saying:
"What has crossed the bull and bear markets has never been luck, but respect for the rules."
I hope you can become the hunter with a gun in the next round of hunting, rather than the prey. Follow Ake to learn more first-hand information and precise points in the crypto world, to become your navigation in the crypto space, learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
