Recently, a friend asked me a question—how can you survive longer in the crypto world?

This question reminded me of a big shot who once invested 200,000 yuan and now has over 30 million in his account. Once, he told me something I’ve always remembered: the most valuable thing in this market isn’t candlestick charts or technical indicators, but your own mind. If you can control yourself, money will come naturally.

Honestly, there are only a few key points to making money in the crypto space.

First, don’t be impulsive. When the market swings, many people get itchy hands. When it’s bullish, they chase highs; when it’s bearish, they quickly cut losses. What’s the result? A series of aggressive moves, only to find their performance in the red when they look back. What’s the reliable approach? Don’t follow the trend when prices rise too fast; don’t bottom fish when prices fall too hard; if you don’t understand the situation, just watch and wait. It’s that simple.

Second, don’t be greedy. Is it okay to hold a heavy position all at once? I’ll tell you, that’s gambling, not investing. How should proper investing be done? Use mainstream coins as your core holdings, and try small amounts of altcoins with the remaining funds. Even if you make a mistake, you won’t get wiped out in one shot.

Third, don’t act recklessly. During sideways consolidation, it’s easiest to get confused. Sitting in front of your computer, one moment you think you should build a position, the next you think you should reduce it, constantly flipping back and forth, ultimately getting repeatedly cut by the market. The real good timing to act is when you see clearly—there’s no need to stare at the screen every day and torment yourself.

And one very important thing—you need to think clearly about what you’re doing. Getting excited and going all-in is a gambler’s mentality. Putting living expenses or borrowed money into the market is risking your life. Steady and slow wins the race, even if it’s slow, it’s much safer than going all-in at once.

The problem is, many people only think about how to make money, never about how to lose less. Those who can survive long-term in the crypto space first think: I need to stay in this game. As long as I’m still in the market, opportunities will come eventually. But if you get wiped out in one shot, all the chances you had are gone.

During volatile periods, it’s easiest to lose your mindset. Many people keep getting chopped up, and after several cuts, they start doubting themselves. When the market finally turns bullish, they’re afraid to enter. Isn’t that the worst loss of all?

So, staying calm and taking it slow is more effective than any legendary operation. Position management and risk control may sound boring, but they are truly lifesaving. Don’t go all-in, don’t borrow money, don’t use your living expenses—sticking to these three bottom lines puts you ahead of half the market.

In my opinion, the hardest part of crypto isn’t choosing the right coins, but knowing when not to move. When you feel uncertain about your direction or your position, the smartest thing to do is: stop, take a deep breath, and just stay alive. Opportunities are always there, but only by surviving can you have a chance to win.