In five years of the crypto world, I didn't survive on talent, but on 'not dying'.
In 2018, in a rental room in a Shenzhen urban village, I watched my account grow from 300,000 to 3,000,000. At that moment, I really thought my fate had changed. But then the market turned, faster than flipping a book, and within three days, it collapsed, leaving only 600,000 before Christmas. That blow woke me up directly—'wait a bit to break even' is the most poisonous spell in the crypto world. From that day on, I no longer fantasized about getting rich; I only studied how to survive.
First rule: Leverage is a knife, not wings.
I have flown before—using 150 times leverage on ETH, gaining +400,000 in a day;
I have also fallen—during the '519' incident in 2021, losing 600,000 and being liquidated in two hours.
After that, I established a strict rule: leverage not exceeding 3 times, single asset position not exceeding 5%.
If the market is right, the knife will slide; if the market is wrong, the knife will cut straight to the throat. Those who want to fly must first learn not to get cut.
Second and third rules: Don't look for family heirlooms in a casino; stop-loss is the last dignity.
I once heavily invested in a 'domestic god chain', unwilling to sell when it rose from 250,000 to 1,500,000, only to see it go to zero. That day I understood: altcoins are fireworks, not real estate.
Since then, I only allocate 85% to BTC/ETH and 15% to play with emotional coins; each trade has an 8% hard stop-loss, not seeking to double, just seeking not to die.
The crypto world never lacks opportunities; what it lacks is the principal to survive until the opportunity comes.
I crawled out of the ruins, leaving only this 'light of survival' in my hand.
The light keeps shining; do you dare to keep up?

