#加密市场回调 "The journey of wealth from 4 million to 700,000, and then to 10 million, is a heartbreaking life-and-death trial."

Looking back at the night before Christmas in 2018, I sat in front of my computer, my heart pounding like a drum—just 72 hours earlier, my account had a floating profit of 4 million, and I had even begun to fantasize about the financial freedom life that was about to come.

However, fate plays tricks, BTC suddenly plummeted, and my 400k principal along with all the profits turned into bubbles, leaving me with only 700k as my entire capital to struggle for survival in the cryptocurrency market.

This painful lesson has made me deeply aware that: "In the face of a ruthless market, wealth is so fragile, and the only way to survive is to protect the principal."

After years of struggles, I have summarized three market rules that are crucial to life and death, hoping to inspire you who are striving in the crypto world:

1. Leverage is like a double-edged sword; do not view it as a tool for takeoff.

I once became wealthy in a short term using 20x leverage, but I also nearly got completely liquidated during the "924" market. Now, I only use 3x leverage and strictly control each position to be within 5%. This is not to pursue quick profits, but to survive in the market for the long term, so that I can have the right to discuss future growth.

2. Mainstream cryptocurrencies are stable anchors in a turbulent market.

I have experienced the insane profits brought by small-cap coins and have also witnessed their rapid descent to zero. Now I allocate 85% of my funds to mainstream coins like BTC and ETH, leaving only 15% for exploring emerging coins. Although mainstream coins have limited gains, their stability is your most reliable support during market storms.

3. Strict stop-loss is a lifesaver.

In the past, when investments dropped by 15%, I dared to average down, only to end up suffering severe losses that jeopardized my housing situation. Now, I set a strict stop-loss line of 8% for every trade; once it's hit, I exit immediately. A pullback of more than 8% usually indicates a misjudgment, and timely acknowledgment of mistakes and exit is essential to protect the capital baseline and wait for the next opportunity.

In the crypto world, survival is the primary goal; only by staying alive can there be a future to speak of. A ten million account is not a capital for bragging, but a "reward" earned by adhering to principles and surviving steadily amidst market fluctuations.

The market is always full of variables, and fluctuations are inevitable. Adhere to these three basic rules to keep your funds safe during turmoil and patiently wait for your own opportunity to come!