Playing with altcoin contracts over the past few years, the most profound realization I've had is actually very simple: those who laugh last are never the ones who make the most money quickly, but those who die the slowest.

In the beginning, I would sit in various discussion groups every day, watching others share their wins—one needle ten times, a wave of market movement doubling accounts. At that time, I was so excited I thought as soon as I entered, I could replicate those results in minutes.

It wasn't until I put real money in that I realized altcoin contracts are not a game of luck. To put it plainly, it's about how long you can survive in this market. After experiencing several liquidation events, I developed a few "life-saving rules" that I’ve been following all these years, and no one can convince me to change.

**Rule 1: Never catch falling knives.**

Altcoins really have no bottom when they fall. The points where it seems "already fallen a lot" are often the start of real disaster. I’ve learned patience—only consider entering after it has shown signs of recovery—volume increases, breaking through key levels, clear signs of capital inflow on the daily chart. Only then do I act. The price may be a bit higher, but I prefer to buy on confirmation rather than gamble on miracles.

**Rule 2: Position size is more important than direction.**

Altcoins are extremely volatile, and over-leveraging can cause your mental state to collapse first. I only use a position size that "even if I lose everything, I won’t lose my core" to maintain the ability to keep betting. As long as I’m still at the table, opportunities always exist. This sounds like a motivational quote, but in the market, it’s truly the key to survival.

**Rule 3: Don’t fall in love with altcoins.**

Whether making money or losing money, I exit as soon as the time is up. If there’s no obvious movement within three days, it means my judgment was basically wrong—at this point, the smartest move is to admit defeat and withdraw. I’ve seen too many accounts that "started with contracts, then relied on faith," and none of them ended well. Holding on stubbornly is not dignified; cutting losses in time is what professionals do.

Looking back now, I have indeed missed some "get rich overnight" opportunities. But from another perspective, it’s precisely because of this habit that I’ve never been wiped out. The money I’ve made is always from the cleanest, most certain parts of the trend.

The biggest illusion in this market is "I can win this time." But those who survive long-term never chase myths, don’t gamble on luck, and only think about how to survive a little longer. This is all my experience over the past few years, and what I can confidently share.