After five years of struggling and hustling in this space, I’ve watched wave after wave of people rush in with dreams of getting rich overnight, only to leave in silence, burdened with debt. It wasn’t until I myself fell from a floating profit of 4 million to owing 300,000, and signed the contract to sell my house to pay off my debts, that I truly understood the rules of the game: this isn’t a gambling table where luck decides everything, but an arena where your understanding gets filtered. The ones who laugh last have never been the luckiest, but rather the minority who master “the hard way.”
Today, I want to share the survival strategies I’ve learned through countless nights with instant noodles and tears from getting liquidated. Especially the third rule—newcomers can avoid half the pitfalls if they read it, and even veterans will nod in agreement.
**The Primary Survival Rule: Split your principal into ten parts and only use one part at a time**
When I first entered the market, I was as reckless as anyone. My first time using leverage, I went all-in with my entire account. After making 20,000, I thought I was the chosen one. The very next day, the market pulled back, my position was liquidated and my 20,000 vanished without a trace. Later I realized: this market never lacks the chance to 10x your money, what it lacks are people who can reliably catch ten opportunities.
Now I have a strict rule: no matter how much is in my account, I force myself to split it into ten equal parts, and only use one part for each trade. If you have 10,000 as your principal, you only use up to 1,000 to test the waters. Even if you bet the wrong way, you only lose 10%, and the remaining 90% of your ammo is enough for you to make a comeback.
Remember the sudden crash last October? The price plunged from 50,000 to 42,000. Three friends who learned from me lost their entire house down payments overnight because they were all-in and refused to cut losses. As for me, although I was also in the market at the time, because...
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After five years of struggling and hustling in this space, I’ve watched wave after wave of people rush in with dreams of getting rich overnight, only to leave in silence, burdened with debt. It wasn’t until I myself fell from a floating profit of 4 million to owing 300,000, and signed the contract to sell my house to pay off my debts, that I truly understood the rules of the game: this isn’t a gambling table where luck decides everything, but an arena where your understanding gets filtered. The ones who laugh last have never been the luckiest, but rather the minority who master “the hard way.”
Today, I want to share the survival strategies I’ve learned through countless nights with instant noodles and tears from getting liquidated. Especially the third rule—newcomers can avoid half the pitfalls if they read it, and even veterans will nod in agreement.
**The Primary Survival Rule: Split your principal into ten parts and only use one part at a time**
When I first entered the market, I was as reckless as anyone. My first time using leverage, I went all-in with my entire account. After making 20,000, I thought I was the chosen one. The very next day, the market pulled back, my position was liquidated and my 20,000 vanished without a trace. Later I realized: this market never lacks the chance to 10x your money, what it lacks are people who can reliably catch ten opportunities.
Now I have a strict rule: no matter how much is in my account, I force myself to split it into ten equal parts, and only use one part for each trade. If you have 10,000 as your principal, you only use up to 1,000 to test the waters. Even if you bet the wrong way, you only lose 10%, and the remaining 90% of your ammo is enough for you to make a comeback.
Remember the sudden crash last October? The price plunged from 50,000 to 42,000. Three friends who learned from me lost their entire house down payments overnight because they were all-in and refused to cut losses. As for me, although I was also in the market at the time, because...