Let me speak from the heart: Seven years ago, I only had 800 yuan left in my pocket when I plunged into the crypto world.

Back then? I couldn’t even read candlestick charts. Bought and sold blindly, lost so much I started doubting life itself, and more than once almost deleted my account to end it all. Now? My account value steadily sits above 30 million.

This isn’t to show off—I just want to speak some truth. This market has never been a casino. Money earned by luck will eventually be lost by skill. Last year, I guided a friend who had absolutely zero experience. He stuck to this approach for three months and doubled his principal.

Today I’m laying out my core methods, no nonsense, all forged in real battles. If you truly understand these, you’ll save at least three years of tuition.

**Rule #1: Position sizing is your lifeline.**

This is a lesson I learned the hard way after being liquidated twice. I split all my funds into five parts and only use one at a time to test the waters. No matter how bullish I feel, never go all in.

Set a hard stop loss: 10%. Even if I pick the wrong direction, a single trade won’t lose more than 2% of my total funds. Lose five times in a row? That’s just a 10% loss—my foundation is still there, and I can always make a comeback.

I don’t set a rigid take-profit point, but I have a golden rule: only take profit when my floating gains exceed 10%. This way, even if the market reverses, I’m unlikely to get trapped. I’ve seen too many people—scrambling to sell after a 3% gain, but holding on stubbornly after a 20% loss. That’s not trading, that’s being the market’s ATM!