This market is really bizarre—I’ve seen friends turn the 20,000 yuan they saved from three months’ salary into six figures, and I’ve also seen colleagues rush into unknown tokens with their home renovation funds, only to have almost nothing left in just half a month.



What truly opened my eyes was an old player I know. He never brags in group chats and doesn’t go around shouting about trades, but he steadily turned several hundred thousand into over a million over a few market cycles. During a conversation, he said something that left a deep impression on me: “In this business, it’s not about luck, it’s about whether you can control yourself. Greed and fear pull you in opposite directions, and most people fail because of that.”

After all these years of ups and downs, I’ve summed up a few lifesaving lessons. If you don’t have much capital, you can use these directly:

**Rule 1: Don’t let yourself get sucked in**
The most common fatal move? Cashing out quickly after a small gain, but when it drops 20%, you keep telling yourself to “wait until it bounces back.” I used to do this—sold ETH as soon as it went up 10%, only for it to double afterward; then held onto some so-called “about-to-take-off” coin even after it dropped nearly 20%, and it eventually went to zero.

Now I set rules for myself:
- Before entering, decide the maximum I’m willing to lose—usually 10% is my limit
- Set a profit target around 25%, and once I hit it, I pull out my principal
- Whatever’s left, let it ride however it wants

It’s simple—there are always more opportunities, but if you lose your principal, you’re done.

**Rule 2: Stick to mainstream coins**
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just_another_fishvip
· 7h ago
Absolutely spot on—it's the stop-loss and take-profit thresholds that trip up 99% of people. Seriously, I'm the type who gets itchy to sell as soon as it goes up 10%. How's that guy with the renovation money doing now, is he still around? Controlling your hands is harder than anything else, greed is just in our nature. You only really make money when your principal is back, the rest is just playing with your nerves. It all sounds right, but once you're actually in the market, it's a whole different story. Damn, I just want to know if that guy is still trading or not. Why does it always seem like everyone else's story goes so smoothly, but when it's me, everything goes the other way?
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GateUser-afe07a92vip
· 7h ago
Everything you said is right, but there are still people who fall into traps. This is just the "newbie mentality"—there's no saving it.
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AirdropHunterXMvip
· 7h ago
Controlling your impulses is the only way to truly survive. Don't talk to me about 10x coins; I just want to leave this market alive.
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ContractCollectorvip
· 7h ago
Oh, this really hit home for me. I'm exactly the kind of person who runs as soon as I make 10%. Your principal truly is your moat—so many lessons learned the hard way.
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ConfusedWhalevip
· 8h ago
Really, this sentence hits the mark—greed and fear are like two knives, and most people really do lose out because of them. No doubt about it, the 10% stop-loss line has saved me several times. I’m much more rational now than I used to be. Throwing renovation funds in is basically gambling with your life—a completely suicidal move... Honestly, the key is to control yourself and stop chasing those get-rich-quick dreams. What this old player said is definitely true; people who quietly make money never hang out in the group bragging. I was just too greedy—when it hit 25%, I still wanted to wait, and ended up with a huge loss. The lesson last time was tough. You can’t predict the market, so you might as well set some rules and stick to them. If your principal’s gone, nothing else matters. Mainstream coins are stable, sure, but the volatility isn’t that big. You still have to find that middle ground. Same here. None of those people in the group shouting about trades every day actually make money. The ones who really profit keep their mouths shut.
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