This phrase has been heard a hundred times: Rules are countless, survival is the first.
I have been navigating the crypto market for many years, and I’ve seen too many people rush in with dreams of getting rich quickly, only to leave with their tails between their legs. Honestly, there are opportunities in the market, but frankly, the chances of losing money are greater—according to incomplete statistics, over 90% of participants end up losing.
If that’s the case, how do those who truly survive do it? I’ve summarized six ironclad rules for survival based on the pitfalls I’ve encountered over the years and the experiences shared by market veterans. Some are lessons learned the hard way with real money, others are based on how others have survived. Today I share these to help everyone avoid some traps.
**Rule 1: Never go all-in; building positions gradually is the right way**
"All-in" sounds really tempting, but it’s also the fastest way to get wiped out. In the crypto market, you must always leave yourself an exit. Going all-in amplifies risk directly; even a slight market fluctuation can cause your mindset to collapse, and your trading will become distorted.
When I first entered the market, I made the stupid mistake of going all-in. As a result, after a correction, my account shrank significantly. Because I had no reserve funds, I could only passively wait, watching opportunities slip away. Later, I learned the strategies of "gradual position opening" and "pyramid averaging."
How to do it? Very simple—divide your funds into several parts. Enter with a smaller position initially (say 20%-30% of your total funds). If the price drops, continue to add positions in batches at lower levels, which helps to average down the cost. For example: if a coin drops from $10 to $8, buy in 20% of your position; if it drops further to $5, add another 40%. This way, your average cost falls around $6.50. As long as the price rebounds to $6.50, you break even; if it rebounds to $10, it’s pure profit.
**Rule 2: Set a stop-loss, don’t hold on stubbornly**
This is the most easily overlooked but also the most deadly rule. If you don’t set a stop-loss, you’re just waiting to be completely washed out in a downward trend.
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LiquidityHunter
· 01-06 21:26
Full position trading is really the standard for cutting leeks. I've seen too many people die playing like this.
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NFTRegretDiary
· 01-06 11:50
Wow, I believe the data that 90% of people lose money, anyway, I'm among that 90%.
Taking a big risk sounds really exciting, but it's truly a suicidal approach.
DCA (Dollar Cost Averaging) sounds easy to talk about, but in practice, the hardest part is really resisting the urge to go all in.
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CoffeeOnChain
· 01-06 11:48
Going all-in is really asking for death. I've seen a buddy go all-in once and get completely wiped out.
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BlockchainArchaeologist
· 01-06 11:47
I've done full positions many times before, and I still hold a few trapped coins in my hands haha
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GasFeeSobber
· 01-06 11:45
I've seen full positions too many times, and the outcome of going all-in is basically the same... bloody.
This phrase has been heard a hundred times: Rules are countless, survival is the first.
I have been navigating the crypto market for many years, and I’ve seen too many people rush in with dreams of getting rich quickly, only to leave with their tails between their legs. Honestly, there are opportunities in the market, but frankly, the chances of losing money are greater—according to incomplete statistics, over 90% of participants end up losing.
If that’s the case, how do those who truly survive do it? I’ve summarized six ironclad rules for survival based on the pitfalls I’ve encountered over the years and the experiences shared by market veterans. Some are lessons learned the hard way with real money, others are based on how others have survived. Today I share these to help everyone avoid some traps.
**Rule 1: Never go all-in; building positions gradually is the right way**
"All-in" sounds really tempting, but it’s also the fastest way to get wiped out. In the crypto market, you must always leave yourself an exit. Going all-in amplifies risk directly; even a slight market fluctuation can cause your mindset to collapse, and your trading will become distorted.
When I first entered the market, I made the stupid mistake of going all-in. As a result, after a correction, my account shrank significantly. Because I had no reserve funds, I could only passively wait, watching opportunities slip away. Later, I learned the strategies of "gradual position opening" and "pyramid averaging."
How to do it? Very simple—divide your funds into several parts. Enter with a smaller position initially (say 20%-30% of your total funds). If the price drops, continue to add positions in batches at lower levels, which helps to average down the cost. For example: if a coin drops from $10 to $8, buy in 20% of your position; if it drops further to $5, add another 40%. This way, your average cost falls around $6.50. As long as the price rebounds to $6.50, you break even; if it rebounds to $10, it’s pure profit.
**Rule 2: Set a stop-loss, don’t hold on stubbornly**
This is the most easily overlooked but also the most deadly rule. If you don’t set a stop-loss, you’re just waiting to be completely washed out in a downward trend.