Half a year ago at 2 a.m., my hard-headed girlfriend squatted next to the community trash can sending me a voice message, with background noise mixing her sobs and the selling sounds of oden from the convenience store downstairs. At that time, she had invested 20,000 as her capital in the crypto circle and lost it down to just 600U in three months. Her account balance was even more miserable than her paycheck at the end of the month; she couldn’t even afford to buy a pancake with an egg from downstairs.
Last week we had afternoon tea, and this sister was carrying a new-style vegetable basket. She raised her hand and ordered caviar tart with champagne, telling me, “Celebrating my account breaking 150,000 U.” As a seasoned crypto analyst who has been watching the market for 5 years and has seen thousands of retail investors go from ecstasy to collapse, I immediately pressed her coffee cup and interrogated her for the secret - it turns out that 90% of people lose money in the crypto market, not because there are no opportunities, but because they treat “investing” like “blindly gambling in a casino game”!
Stop always cursing the market for being heartless; first, ask yourself: Are you more nervous looking at the K-line than at your partner’s face? When others shout 'go,' do you go all in, fantasizing about retiring after a two-point rise, and crying about cutting losses after a three-point drop? My friend can turn things around not by stumbling into a bull market by sheer luck, but by embedding 7 iron rules into her DNA and executing them without any discount. Today, I’m sharing my heartfelt insights with you, which is 100 times more practical than those 'cutting leeks courses' that cost 999 yuan!
1. Positioning should be 'like dividing a cake'; don't put all your eggs in one basket.
This is the oldest yet lifesaving principle! My friend once impulsively invested her entire 20,000 principal into an unknown small coin, resulting in the project team running away with the money, and she lost so much that she couldn't even afford bubble tea. Now she has learned: divide her funds into 5 parts, with 3 parts invested in mainstream value coins as a 'ballast stone,' 1 part invested in promising projects, and 1 part kept for emergency funds. Remember, the volatility in the crypto market is more thrilling than a roller coaster; going all in is like placing yourself on a roasting spit, and leaving room allows you to catch opportunities when they arise.
2. Stop loss is like a seatbelt; no matter how troublesome, you can't skip it.
I've seen too many retail investors holding on to the fantasy of 'just wait a bit longer for a rebound,' turning unrealized losses into deep entrapment, ultimately forced to cut losses. My friend's iron rule now is: set a stop-loss line before entering the market; mainstream coins drop 8%, and sector coins drop 15%, no matter how painful, she will immediately exit without hesitation. She told me that once a certain coin suddenly plummeted, she gritted her teeth and executed her stop loss, and that day the coin dropped 40%. Later, she even treated me to hot pot, saying it was to 'celebrate saving her own life.'
3. Don’t be a 'watching puppet'; leave some space for the market and also for yourself.
When she first entered the market, my friend would stick to the screen 24 hours a day, waking up at three in the morning to check the market. The more she stared, the more anxious she became, and frequent buying and selling ended up costing her in fees, with her earnings not even enough to pay for her 'work for the platform.' Now she has completely realized: spend a fixed hour daily reviewing the market, and during the rest of the time, focus on work or enjoy dramas; on weekends, she can even invite me to go camping. The crypto market is not a 100-meter sprint; constantly staring at the screen will only bind you with emotions. Good opportunities often quietly appear when you calm down.
4. Look less at 'call groups,' and do more 'homework'.
Those groups shouting 'must rise 10 times' and 'miss it and you'll regret it' are either trying to earn your fees or waiting to harvest your cash! As an analyst for so long, I've seen too many retail investors follow calls into the market, only to be left with nothing. My friend has developed a habit: when she finds a project she likes, she first checks the team's background and technical white paper, then analyzes the industry prospects, spending at least 3 days doing thorough research before taking action. Remember, others' opinions can only be references; the logic you understand yourself is the money you can hold steadily in your hands.
5. Greed is the 'slaughter knife'; take profits quickly and accurately.
Many people who make 10% want 20%, and those who make 20% want 50%. In the end, the market reverses, and they are left empty-handed. My friend's take-profit strategy is particularly pragmatic: for short-term holdings, she takes half out after making 20%-30%, and for mainstream value coins, she sells everything once they reach the target price, never getting greedy and lingering in battle. She often tells me, 'The money you secure is real money; unrealized gains are just a numerical game. If the market turns, you won't even have time to cry.'
6. Avoid 'air projects' and stay away from 'hype and speculation'.
A while ago, a certain animal concept project became wildly popular online, and people in the group were constantly sharing screenshots claiming to have made several times their investment, but my close friend didn't budge. Her principle is simple: any project without a practical application scenario, relying solely on marketing hype, will not be touched, no matter how popular it is. In the crypto market, trends come quickly and cool down even faster; those who follow the trend often end up as the last ones holding the bag, the 'suckers.' I've seen too many people chase trends and end up being bag holders, losing so much that they question their life choices. So this iron rule must be etched in your heart.
7. If you lose, don't 'stubbornly hold on'; reviewing your trades is the 'key to making money'.
Everyone makes mistakes in judgment; my friend has fallen into traps too, but she never just vents her anger like others. After each loss, she seriously writes review notes: Why did she enter? Where did she go wrong? How can she avoid it next time? After half a year, her review notebook filled up 3 volumes; this is the core reason she can earn steadily — gaining experience from mistakes is more valuable than making small profits ten times. I often tell my followers that in the crypto market, those who can review their trades will never lose for too long; they will only keep earning more smoothly.
To be honest, the crypto market has never been a 'gambling casino,' but a 'cognitive screening arena.' I've seen too many people perfectly illustrate 'money earned by luck is lost by skill,' and I've also seen ordinary people like my friend, who went from losing to questioning her life, turn things around through rules and execution.
The underlying logic of making money is very simple: control your position, set strict stop losses, refuse to follow the crowd, and learn to review your trades. The market is always full of opportunities; what it lacks are those who can calm down and stick to the rules.
If you are also struggling in the crypto market, experiencing the thrill of making money and the despair of losing it, feel free to share your stories and insights in the comments! I will also share more practical tips, industry analysis, and pitfalls to avoid. Follow me, and I'll help you navigate the crypto market with fewer detours and earn steadily! After all, in this cognitive screening arena, only by huddling together can we go further.
