At first, I thought I was capable, recklessly trading small coins that claimed to double within a month. As a result, in less than half a year, I nearly lost all my capital.

Later, I realized a simple truth—surviving in this market and losing less is already winning.

In the past three years, I basically did nothing but fill the pits I had dug myself. Today, I want to share with you the experience I’ve gained through real money.

**Position management can really save your life**

I used to be very greedy, wanting higher gains when prices rose, and reluctant to cut losses when prices fell. When a rapid fluctuation hit, my mentality would break down. Now, my strict rule is simple: never allocate more than 5% of total funds to a single position, and stop-loss must be set. No matter how troublesome, always buckle up.

**The itch to trade more can be deadly if not controlled**

I used to trade more than ten times a day, going long in the morning and short in the evening, only to find that my account profits weren’t enough to cover trading fees. Later, I set a strict rule for myself—no more than two trades per day, and close the app after trading. Markets are available every day, but your principal won’t come back.

**HODLing coins alone is not financial management**

There was a coin I held for an entire year, but the returns were completely eaten up by inflation. Now, I diversify my allocation: keep a stable core position in spot, and allocate another part to short-term leveraged swing trading. Only by making the money flow can you truly keep up with market rhythm.

**Stay away from group chats, focus on on-chain movements**

I used to spend every day in communities chasing "big shots" and their messages, only to end up holding the bag. Later, I changed my strategy—dedicate time weekly to step away from information noise, and instead focus on on-chain data, fund flows, and the real actions of large addresses. This way, I caught two good market waves.