There is a saying I now firmly believe— the market only respects those who are well-prepared and ignores any complaints.



At 3 a.m., the decline on the screen was as glaring as a knife. The night of margin liquidation, five months of gains vanished in an instant. It wasn’t about money; it was the collapse of my entire belief system. Only later did I realize where my biggest mistake lay.

I have summarized my years of experience and lessons into four rules. They are not lofty theories, but lessons learned through actual accounts.

**Rule 1: Respect the trend, don’t go against the market**

In the early days, I was a staunch bull, convinced that good projects would eventually rebound. The result was repeated halts. The turning point was when I started only looking at the weekly timeframe as a lifeline—any coin that declined for three days straight was immediately removed from my watchlist, to avoid getting stuck in endless hesitation.

The crypto market is like an ocean; you can’t change the tide’s direction, only go with the flow. Experienced traders understand one thing: the trend is your best friend and also your boss. No one can make money by going against their boss.

**Rule 2: Position management, be as cautious as defusing a bomb**

The most common mistake beginners make is falling in love at first sight—seeing a project that looks good and going all in immediately. I now use the “Minefield Clearing Method”: start by investing 10% of your funds to test the waters, and once the technical and emotional aspects stabilize, gradually increase to 30%.

Surviving in this market is more important than making big money. What matters are ten small wins, not one fatal full-position liquidation.

These rules may seem simple, but few can truly follow through. I hope you won’t repeat my mistakes.
View Original
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FlippedSignalvip
· 01-10 03:34
The night of the liquidation, I was also there, empathizing... It was only later that I realized, going against the market is just asking for death. --- You're right, position management is truly an art of survival; all-in positions have turned into martyrs. --- The name "Minefield-style Position Building Method" is perfect, it’s just about not going all-in at once. --- Did your mentality break when your five-month gains went to zero... I now delete the weekly chart after a three-day drop, so I don't see it and get annoyed. --- The phrase "The trend is the boss" hit me hard; I used to argue with the market every day, and in the end, I lost everything. --- Living longer is more important than making big money; this statement is more realistic than any big V's theories. --- Ten small wins vs. one liquidation, this math problem is too simple, but executing it is really difficult, right?
View OriginalReply0
GasFeeLovervip
· 01-09 19:06
That night of liquidation was truly intense, five months of wasted effort. But on the other hand, those who don't cut losses deserve to be educated by the market.
View OriginalReply0
tx_or_didn't_happenvip
· 01-08 20:46
Probably didn't sleep that night of liquidation either. Five months of hard work wasted, truly despairing.
View OriginalReply0
MEVHunterBearishvip
· 01-08 20:42
The night of liquidation, five months wiped out. I've been through it too, and it's truly despairing. Now, just stick to the weekly chart and don't make any moves if you don't understand.
View OriginalReply0
MevTearsvip
· 01-08 20:39
Really, I've heard too many such words, but the account still keeps exploding.
View OriginalReply0
ForkItAllvip
· 01-08 20:32
I was also there that night of liquidation. Five months of gains just disappeared, and now reading this article really hits me hard.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)