The screen is all red, some people are desperately liquidating their positions, while others are tossing and turning unable to sleep. As someone who has been in this space since 2013, I’ve seen countless cycles of bull and bear markets. Today, I want to openly talk about one thing: a decline itself is not the problem; the problem is that you’re not wearing proper protective gear.

During intense market fluctuations, I’ve survived by following these three ironclad rules:

**Rule 1: Don’t let emotions hijack your decisions; learn to think long-term.**
The crypto market is inherently highly volatile; this is its natural trait. When fear strikes, stop and ask yourself a real question—did you enter the market to bet on probabilities, or do you truly believe in the prospects of decentralized finance? Short-term ups and downs are just noise; what truly supports prices is the long-term consensus accumulation.

**Rule 2: Leverage is a grinder for your principal; forget about the dream of all-in bets.**
When the market declines, leverage is most destructive. In this game, surviving longer is much more important than rushing to make quick gains. The most pragmatic approach is a dollar-cost averaging (DCA) strategy—dividing your investment into multiple entries to spread out risk, rather than obsessively trying to buy the bottom precisely.

**Rule 3: Don’t pile all your assets in one place; establish a stop-loss line.**
Don’t put all your eggs in one basket. Your portfolio should include core assets like BTC and ETH, along with some RWA projects with real-world applications for balance. The key is to set a stop-loss level—this is your last chance to preserve your remaining capital before it’s completely wiped out, giving yourself a chance to wait for the next market cycle.

I’ve seen too many things in these 13 years. Genius-level traders have blown up their leverage, while ordinary people live comfortably through discipline. In this arena, the sources of profit and loss are the same, but your cognition determines your ceiling. Risk management is what decides how far you can go.

The market is reshuffling; I hope everyone can equip themselves with a solid defense system during this adjustment. See you at the market peak.