#数字资产市场动态 Many seasoned traders never speak openly, but they rely on this set of principles to survive—8 essentials and 3 ironclad rules for staying alive.
Let's start with the 8 essentials for survival. Choosing the right assets is the most critical; mainstream coins with high liquidity like $BTC and $ETH are the main course, while altcoins? That's gambling with your principal. Set a 5% cap on single-position size—sounds conservative, but that's why some can survive 10 years, while others are out in 3 months. Be ruthless with stop-losses; if support breaks by 3%, cut your losses immediately—don't drag it out. Conversely, take profits scientifically; set a 3:1 risk-reward ratio—if you earn 3000, place a sell order at a 1000 loss level. This ensures a positive expected value over the long term.
Trading hours matter. The 3-5 AM window often experiences price spikes, and beginners are most likely to get wiped out then. Always prepare two trading plans—Plan A and Plan B—so you're not trapped by a single idea. Review your trades daily and note three lessons learned—really, this is more effective than reading 100 analysis articles. The hardest rule is this: after a loss, force yourself to shut down for 2 hours to cool off—don't gamble out of frustration or go all-in impulsively.
Next are three life-saving principles—breaking any of these means GG (game over).
First: Never chase a rising price or sell on a dip. If $DOT suddenly surges 10%, your finger will itch—don't get caught up in the frenzy; it's often the time to reduce your position. Those rushing in at that moment are nine out of ten times the ones taking the other side of the trade. Second: Entry point is more important than anything. Better to miss ten rallies than to buy at a high and get caught. Opportunities are always there, but the only way to remember the feeling of being trapped is to experience it once. Third: Cultivate the right mindset—this is the softest skill but the hardest to master. After a series of wins, immediately withdraw 50% to lock in profits; don’t covet the remaining 50%. After a liquidation, delete your trading app for 3 days to cool down completely. Repeat silently to yourself every day: "Only by staying alive can I keep producing."
In short, there’s no myth of getting rich overnight in crypto—those are just survivor biases. Those who truly survive rely on a trading system built through repeated failures. Remember this final point: losing 1000U is not scary; what's scary is operating with the same flawed method 1000 times without waking up. Action is always the only way to turn things around.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
CryptoNomics
· 3h ago
nah, if you actually ran a regression analysis on the 3-5am "wick hunting" phenomenon against BTC's stochastic volatility patterns, the correlation basically evaporates once you control for exchange-wide liquidation cascades. people mistake noise for signal
Reply0
GateUser-5854de8b
· 3h ago
Sounds good, but how many can actually do it?
View OriginalReply0
ser_we_are_early
· 3h ago
That's right, the key is to stay alive; as long as you're alive, there's a chance.
View OriginalReply0
LightningSentry
· 3h ago
5% position size is really old news; the key is how many can stick with it.
#数字资产市场动态 Many seasoned traders never speak openly, but they rely on this set of principles to survive—8 essentials and 3 ironclad rules for staying alive.
Let's start with the 8 essentials for survival. Choosing the right assets is the most critical; mainstream coins with high liquidity like $BTC and $ETH are the main course, while altcoins? That's gambling with your principal. Set a 5% cap on single-position size—sounds conservative, but that's why some can survive 10 years, while others are out in 3 months. Be ruthless with stop-losses; if support breaks by 3%, cut your losses immediately—don't drag it out. Conversely, take profits scientifically; set a 3:1 risk-reward ratio—if you earn 3000, place a sell order at a 1000 loss level. This ensures a positive expected value over the long term.
Trading hours matter. The 3-5 AM window often experiences price spikes, and beginners are most likely to get wiped out then. Always prepare two trading plans—Plan A and Plan B—so you're not trapped by a single idea. Review your trades daily and note three lessons learned—really, this is more effective than reading 100 analysis articles. The hardest rule is this: after a loss, force yourself to shut down for 2 hours to cool off—don't gamble out of frustration or go all-in impulsively.
Next are three life-saving principles—breaking any of these means GG (game over).
First: Never chase a rising price or sell on a dip. If $DOT suddenly surges 10%, your finger will itch—don't get caught up in the frenzy; it's often the time to reduce your position. Those rushing in at that moment are nine out of ten times the ones taking the other side of the trade. Second: Entry point is more important than anything. Better to miss ten rallies than to buy at a high and get caught. Opportunities are always there, but the only way to remember the feeling of being trapped is to experience it once. Third: Cultivate the right mindset—this is the softest skill but the hardest to master. After a series of wins, immediately withdraw 50% to lock in profits; don’t covet the remaining 50%. After a liquidation, delete your trading app for 3 days to cool down completely. Repeat silently to yourself every day: "Only by staying alive can I keep producing."
In short, there’s no myth of getting rich overnight in crypto—those are just survivor biases. Those who truly survive rely on a trading system built through repeated failures. Remember this final point: losing 1000U is not scary; what's scary is operating with the same flawed method 1000 times without waking up. Action is always the only way to turn things around.