The fastest way to die in the crypto world is one: get rich quickly and then easily fall.

The longer you stay in this circle, the more you realize that what’s most powerless is not slowly going bankrupt, but the kind of sudden wealth followed by instant zeroing out—turning a few thousand into a million, only to lose it all in a single correction, as if it were a dream.

Turning a few thousand into a hundred thousand in half a year is indeed not uncommon in the crypto market. What’s truly rare is those who can make money and hold onto it steadily. Most stories end the same way: the account shows a floating profit of fifty thousand, but after a deep correction, it’s all wiped out, even losing the principal, rendering all previous efforts meaningless.

This isn’t about poor predictions or technical skills; the core problem boils down to two words—greed. Many people interpret rolling positions as opening trades daily with leverage, but the real profitable rolling strategy is quite the opposite: only trade when the trend is confirmed, and wait otherwise, firmly avoiding unnecessary trades.

Most traders who get liquidated in futures have fallen into these three traps.

The first trap is called "Mindless Trading"—trading without a clear trend. When the market shows no signals, they can’t sit still and must try their luck, only to be repeatedly stopped out. The second trap is "Euphoria from Small Gains"—getting a little profit and then becoming reckless, adding to positions, thinking the trend will continue upward. The third and deadliest trap is "Holding and Not Cutting Losses"—refusing to admit defeat when caught, dreaming of recovering, but ending up with floating losses turning into realized losses and eventually getting liquidated.

Those who can consistently make money share a common trait: extreme restraint.

I’ve summarized three iron laws that I haven’t broken in years.

**Iron Law 1: Immediately withdraw the initial capital after the first profit.** This sounds simple, but few can truly execute it. After the first profitable trade, immediately take out the initial capital and put it into your wallet. From then on, only use profits to trade, which changes your mindset entirely because your principal is protected, making your operations naturally more cautious.

**Iron Law 2: The more you earn, the more conservative you become.** When floating profits reach your target, move your stop-loss up to lock in some gains. Don’t be greedy to capture the entire move; that’s unrealistic. The key is to ensure the profits are actually realized, rather than chasing that last 10% gain and losing the 80% of profits made earlier.

**Iron Law 3: Only participate during trend explosions.** It’s not about trading more frequently but about trading more accurately. When the trend is unclear, stay out and wait. Don’t try to guess blindly. Once the trend is confirmed, then enter, which greatly increases your success rate.

In essence, what widens the wealth gap in crypto isn’t how many opportunities you catch, but who can steadily protect and hold onto their profits. Patience, discipline, and knowing when to stop are the hardest parts of making money. Many people don’t lack the ability to earn but lack the discipline to hold. To achieve long-term doubling, first learn to restrain yourself.

If you’ve experienced floating profits turning into losses, or profits that can’t be maintained, it’s time to adjust your strategy. Consistent profits and steady holding require a systematic methodology and persistent execution.