#数字资产动态追踪 Three days in the market, half a month's salary gone—stories like this from beginners keep repeating. I experienced it myself eight years ago: invested 20,000 yuan, chased hot coins and got trapped, added leverage and got liquidated, my account dropped from 20,000 straight down to 8,000. At that time, I really wanted to smash my phone.

After lying low for three days, I finally understood a principle: in the crypto market, surviving is far more critical than how much you make. That’s the core.

Over the years, I relied on three "defenses," avoided liquidation for four months, and gradually grew my 20,000 to 100,000. It’s not some black technology, just discipline.

**Defense 1: Keep some margin in your position, never go all-in**

No matter how tempting the opportunity, never allocate more than 30% of your initial capital. Last year, when I bottomed out Bitcoin, I operated exactly like this—initially investing 30%, then adding to my position in stages as the trend stabilized. The benefit is that I wouldn’t miss the market window and always held the capital to recover. Opportunities come every week, but once your principal is gone, it’s truly over.

**Defense 2: Stop-loss and take-profit must be executed, no soft-heartedness**

Once, out of greed, I held onto a position that should have been sold at 8%, waiting for a pullback to add more. In the end, I turned a profit of 2,000 into a loss of 2,000. Since then, I set strict rules—limit losses to 4%, and automatically exit when profits reach the 8%-12% range. Discipline in execution is more important than perfect foresight.

**Defense 3: Never touch projects you don’t understand; it’s better to miss an opportunity than to fall into a trap**

When I was young, I chased after so-called "hot coins" endorsed by various KOLs, losing half my money in three days. Now, I only invest in projects I can understand from the whitepaper, with clear project backgrounds and real-world applications. Better to miss ten opportunities than to get trapped by one project.

Honestly, the market is always moving, and opportunities will come around. But the premise is that you are still in the game. As long as you haven’t been liquidated, the next wave of gains is still in your hands.