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"Three days of losses equal half a month's salary. Is this a fake market?" Many newbies complain like this, and I see myself in them from eight years ago.
That year, I threw in 20,000 yuan, chasing gains and cutting losses was routine, hot coins I would go all-in at once, leverage and follow the trend. The worst moment was when my account only had 8,000 yuan left, almost smashing my phone and quitting for good.
After lying low for three days, I realized one thing: in this market, "not dying" is a hundred times more valuable than "getting rich overnight."
Later, with three bottom lines, I didn't blow up my position once in four months, turning 20,000 into 100,000. These rules sound old-fashioned, but they really work.
**First: Always leave a way out for yourself, never go all-in**
No matter how good the opportunity looks, don’t invest everything at once. My habit is to allocate at most 30% of my total capital on the first trade. Last year’s bottom-fishing wave, I first invested 30% to test the waters, then confirmed the trend before gradually increasing my position. The benefit is that I won’t miss the entire market, and I still keep enough capital to recover. Opportunities are actually available every year, but if your capital is gone, it’s really gone.
**Second: Write profit-taking and stop-loss into your system, don’t wait for greed to take over**
I used to watch my account turn green and couldn’t bear to take profits, resulting in a sudden plunge that lost 2,000 yuan. Since then, this iron rule has never wavered: set stop-loss at 4%, take profit at 8 to 12 points, and execute when the time comes. Even the best trades must be closed. It’s better to earn less than to blow up your account.
**Third: Don’t touch projects you don’t understand, block out all noise**
In the early days, I chased air coins with big influencers and lost half in three days. Now, my principle is simple—only invest in projects where I can understand the white paper, see a real team, and have clear landing scenarios. Missing many opportunities doesn’t bother me; falling into traps is the real loss.
Here are some trading data from the past four months: 56 trades, 68% success rate, net profit of 80,000 yuan. The logic is straightforward—don’t chase hot trends, don’t gamble for double or nothing, trade more when the market is hot, stay in cash during sideways corrections.
What I want to tell newbies most is: don’t rush to get rich overnight, learn to survive first. The market won’t run away; Bitcoin is still here, and the trend will come back. As long as you haven’t blown up your account, there’s still a chance.