Regarding investment in the crypto market, I want to say something that hits hard: Discipline is like oxygen masks—you have to put yours on first; no one can save you if you don't.

I once saw a trader with only $3,200 left in his account, and the sweat stains on his phone screen were more obvious than the candlestick chart. That feeling is very familiar to me—there's a bloody smell on people who have been wiped out, often waking up in the middle of the night suspecting they've been liquidated.

But I didn't give him the so-called "hundredfold coin secret," instead I told him three hard rules:

**First Trick: Always Cut Your Position**

Divide your funds into ten parts, only move one part at a time. This isn't conservatism; it's the prerequisite for survival. The crypto market is more volatile than a roller coaster, and most people die by betting everything at once. A drawdown of over 50% can cause your mentality to collapse instantly. What's the magic of cutting positions? It allows you, even if you misjudge the market, to have enough ammunition to continue participating. When market volatility hits, the cut positions can help you avoid those deadly single-loss trades.

**Second Trick: Take Profits Regularly**

When you have unrealized gains, withdraw 10% of the profit as cash and exit, while the rest can be left as you see fit. This is the most practical defense against greed. Data shows that after unrealized profits exceed 50%, more than half of traders end up losing due to greed. This is not an isolated case; it's a rule. Locking part of your profits outside your account greatly reduces psychological pressure, and your decision-making becomes more rational.

**Third Trick: Write Your Stop-Loss in Advance**

Before placing an order, write the stop-loss price into your phone memo and take a screenshot—this step is essential. Many say it's too troublesome, but it's precisely this trouble that prevents many fatal mistakes. When the market crashes downward, you won't have time to think; you can only rely on your pre-set discipline.

That trader was a bit dissatisfied after hearing this: "That's too slow, when will I turn things around?" I replied, "Are you here to make money, or to play Russian roulette?"

In the first ten days of implementing this plan, his account slowly grew from $3,200 to $4,500, then $6,200, then $9,500... It’s not a get-rich-quick pace, but steady as a snail climbing a tree. Every night he would send screenshots, ending with just one sentence: "Still alive today." I replied to him: Only those who are alive have the right to talk about dreams.

Why can he grow steadily? Because he finally understood—what's most scarce in the market isn't opportunity, but the ability to survive. Cutting positions helped him avoid the trap of all-in bets, taking profits out is a physical defense against greed, and screenshotting his stop-loss is a preemptive plan against sudden risks.

The crypto market is never short of stories of getting rich overnight, but most people end up quitting because they lack discipline. Your account balance may lie, but your trading records won't. Ask yourself: Are you truly trading, or just gambling? The difference lies in those three rules.