In my early years, I entered the market with a principal of 50,000. Over the first two years, I gradually rolled it to 302,000, stabilized it at 590,000 in the third year, and completely soared in the fourth year. Last August, my account touched 3,780,000, and in November, it directly surpassed 7,000,000.

At that time, I was really overwhelmed by the market and went all in. I quit my stable job, borrowed money everywhere to leverage, fantasizing about turning everything around. But the market changes in an instant, and a sudden financial storm knocked me back to square one. Not only did I lose everything I had earned before, but I also went deep into debt. In the end, I sold all my houses to fill the hole, and my family nearly fell apart.

It was only in the valley that I woke up: what I earned before was all luck, not skill.

In the following three years, I stopped making reckless trades. I spent day and night reviewing and summarizing, and finally turned things around with a set of practical logic. These six core principles can help avoid 80% of pitfalls:

1. Don't be a "cryptocurrency collector." I used to hold dozens of niche coins, most of which went to zero. Later, I understood that just three core principles are enough: hold BTC for long-term safety, trade ETH for moderate volatility, and choose one strong leading sector (like AI or RWA), which is much more reliable than randomly buying.

2. Stop when emotions run high. Once, during a massive liquidation surge, I didn't stop and lost 200,000 in a day. Now I have a hard rule: if there are many liquidations, three consecutive large bullish candles trend on hot searches, or outsiders are following the trend to buy, upon seeing any of these signals, I stop and cool down for two hours, which helps reduce losses significantly.

3. Position size is a lifeline. In my early years, I went all in, and during a crash, I didn't even have money to average down. Now I have a fixed position size: 50% USDT for emergencies, 30% quality coins for long-term holdings, and 20% for short-term trading. Keeping the principal gives me a chance to turn things around.

4. Don't hold fantasies about taking profits or losses. I used to add to my position when it dropped 10%, and got stuck in despair. Now I have a strict rule: when it rises 10%, reduce half to lock in profits, clear out at 20% and switch to stable assets; if it drops 5%, assess the logic and wait for stabilization before entering; if it drops 10%, directly close the position and reflect, no holding on.

5. Spend a week understanding the basics. When I first entered the market, I bought blindly and suffered losses. Later, I summarized three steps: look at daily K-line + MA10/MA30 to find support and resistance, increasing volume without price rise is a false breakout, and don't chase coins that surge at the end of the day.

6. Build positions like a battle, in batches. I used to go all in with 3,000 yuan, panicking at the slightest dip. Now I first enter with 900 yuan for my base position, add 900 when it retests support, add 600 when it breaks resistance, and keep 600 yuan to handle unexpected spikes. Focus on rhythm, not speed.

The cryptocurrency market has never been about luck. Only by maintaining discipline can one go far.

On the road of cryptocurrency, many souls have perished, but I only wish to save those willing to help themselves.