2026-01-03 08:21:28

Rules are often more important than luck.

I still remember that harsh winter in 2018, when Bitcoin dropped from nearly $20,000 to its bottom, and the market was engulfed in panic. At that time, I had been involved in cryptocurrencies for two years, thinking I had a good grasp of the market, only to be completely wiped out in this wave of sharp decline.

It was during those darkest days that I realized a fundamental truth — in this market, survival is the top priority.

Over ten years, I have seen too many legendary rises and falls. Some leverage 100x overnight to get rich, while many others see their fortunes evaporate instantly. I started as a "leek" chasing hot trends, gradually developing my own trading system as an investor. Today, I want to share the pitfalls I’ve stepped on and the insights I’ve gained over these ten years.

**Mindset Shift: From Gambler to Risk Manager**

When I first entered the crypto space, like most people, I was full of ideas about "100x coins."

BTC1.9%

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TokenSleuth

· 11h ago

That's right, I was also involved in that wave in 2018, but I was even more heavily trapped until today haha The graveyard of leverage players has long been filled, only those who come out alive get to tell the story Rules are something that are written with bloody losses Really, without a system, it's just gambling. Winning the gamble makes you think you're a genius, losing makes you understand the game rules Ten years sharpening a sword, how many people have been ground into dust

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tx_or_didn't_happen

· 01-03 08:50

What happened to those who got liquidated in 2018... How many of them really survived?

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NFTregretter

· 01-03 08:38

Haha, stop pretending. After ten years, I still get itchy when I see a hundredfold coin. Rules sound nice, but when the real opportunity comes, who can resist?

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GraphGuru

· 01-03 08:31

Haha, isn't that me? I was also involved in the 2018 wave, and I'm still reflecting on how I could gamble so recklessly back then. Living is truly the most important thing. That phrase really hits home—so many people lost everything because of a single leverage trade. Rules > Luck? I think it’s about different stages. As a beginner, it’s pure gambling. Only later did I start to understand what risk control really means. That "hundredfold coin" dream still tempts me to this day. I have to constantly remind myself not to get cut again.

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NFTFreezer

· 01-03 08:27

That's right, living is really the hard truth. I was also involved in the 2018 wave, with full leverage and all in. Thinking back now, it’s quite frightening. What I find most heartbreaking is that many people didn’t even wait for the rules to be implemented and were already out. This is why I now strictly adhere to position management; the idea of a hundredfold coin has long been disillusioned. Establishing rules is the foundation for long-term survival; otherwise, even the best luck can't save you. After seeing so many people get liquidated, I realize how important stop-losses are.

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LightningPacketLoss

· 01-03 08:22

Damn, I was also there during that wave in 2018. Thinking back now, I still feel a bit scared... Being alive is truly the most important thing. That statement hits too close to home.

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ETH_Maxi_Taxi

· 01-03 08:22

Oh no, that's why I never use leverage now. Too many people bet everything they have. --- That 2018 crash was really brutal, but only those who survived are the winners. --- Rule > Luck. This phrase should be engraved in every newcomer’s mind. --- From rookie to having a system, this path is worth it, but you have to pay the price. --- The dream of 100x coins is deadly, really. --- Risk management is the passport for long-term players, no exceptions.

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