I have been navigating the crypto world for ten years, from the wild days of 2013 all the way through witnessing the ICO boom in 2017, and nearly getting liquidated during the "312" crash in 2020. From an initial capital of 200,000 yuan to now achieving a profit of 48 million yuan, this journey has taken exactly eight years. Today, I want to discuss a core issue with everyone: how to survive in this market using "subtraction thinking" and make your own money.



**Why does copying others' trading systems often lead to worse losses?**

Many people are obsessed with a single idea: as long as they find that "sacred trading system," making money becomes an automatic process. But my real experience tells me another truth— the same strategy can yield completely different results depending on who uses it.

I once publicly shared a trend-following system, with the core requirement being "only follow trends with energy levels above 8." What was the result? People who jumped in at the sight of bullish candlestick formations kept hitting stop-losses. Where was the problem? They saw the "trend candlesticks" but didn’t understand what "energy" truly represented—namely, the trend’s persistence and the strength of market consensus. A seemingly dense bullish candle might just be a wide-range shakeout by the market maker, a "three steps forward, two steps back" rebound. Truly smart capital would never hold onto such things long-term.

It’s like someone else’s money tree grows lush and full, while yours keeps roots rotting. It’s not the tree’s problem; it’s that you don’t understand the underlying logic of watering, lighting, and ventilation. The failure of a trading system is the same—misunderstanding leads directly to execution collapse.

**My 7 survival rules: using common sense to fight uncertainty**

There’s no universal formula in the crypto space, but some principles are ironclad. These principles aren’t complicated, and they even have a "common sense" flavor, but very few people stick to them.

First, always reserve principal. I’ve seen too many dream of turning things around in one shot, risking all their assets. But a single correction can wipe them out. Keeping core capital isn’t conservative; it’s about preserving the right to restart.

Second, before trading, ask yourself three questions: Why buy? When to sell? What’s the maximum loss? If you can’t answer these, you shouldn’t act.

Third, don’t be attracted by price increases. A rise from 100 to 110 yuan and from 1 to 1.1 yuan are the same percentage, but their risk structures are completely different. Those who only look at percentages will eventually get caught.

Fourth, learn to hold cash. This is the hardest but also the most profitable. When there are no high-probability opportunities, sitting on cash is also a way to make money.

Fifth, don’t follow big influencers blindly. The market isn’t short of analysts; what’s lacking are independent thinkers. Listening to others’ analysis is fine, but your decisions must be your own.

Sixth, record every trade. After three months, review your records and you’ll discover your patterns—what types of trades are most prone to loss, and which entry points are most stable. This data is more valuable than any theory.

Seventh, review regularly but avoid overtrading. Many people equate "being active" with "being professional," but in reality, trading frequency isn’t directly related to profits. Those with strong patience and waiting ability tend to earn more steadily.

These seven rules may seem simple, but my ten years of profitability are fundamentally built on these "nonsense." The great truth is simplicity—less is more.
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
  • 10
  • Repost
  • Share
Comment
0/400
GasFeeCriervip
· 01-05 21:00
Listening to this, I can't help but think of my own days paying tuition fees, truly lessons learned through blood and tears. Copying the system exactly is really a trap; in the crypto world, it's very common for others to eat the meat while you drink the soup. Holding no position is the hardest, but also the biggest test of mental resilience. Feeling bored is, right? This logic has no flaws; the core is not to be greedy. Staying alive is more important than anything. Ten years and 48 million sounds impressive, but how many times did I have to die inside to survive until today? I deeply understand the point about not following big V influencers. Following the trend just gets you trapped, paying too much IQ tax. Recording is very important; many people don't even know why they are losing money, just muddling along like that. Asking three questions is indeed useful. Many times, people just jump in impulsively without thinking it through.
View OriginalReply0
DegenWhisperervip
· 01-05 20:51
Going all in is really the hardest part, no doubt about it, I just can't sit still. Copying that part of the system really hit me; I'm the kind of idiot who rushes in whenever I see a bullish alignment. Item 7 is amazing. I used to trade over fifty times a month and lost terribly. Now, with about ten trades per month, I actually make money. I've only just realized how important it is to always reserve principal. Before, I went all in and almost got liquidated. No one mentions recording trades, but it's the most useful. After three months of sticking to it, I found out I’m actually suited for swing trading, not short-term trading.
View OriginalReply0
0xInsomniavip
· 01-04 20:44
You're right, copying blindly is the beginning of self-destruction. Holding no position is truly rare, only one in ten thousand can do it. I've also experienced 312, and that time directly made me understand what risk management really means.
View OriginalReply0
BlockchainNewbievip
· 01-04 11:51
Honestly, the figure of 48 million is very tempting, but after looking at it for a while, it feels like it's someone else's story. The most frustrating part of copying systems is that what others call "Energy 8 points" might just turn into chasing highs and cutting losses in your hands. The fourth empty position is spot on; most people just can't sit still, thinking that not acting means losing money. Among the seven points, the hardest isn't the methodology but having enough principal to survive so you have a chance to review and learn. But honestly, 48 million over ten years isn't as outrageous as it seems; it's less than 5 million per year on average... Is this kind of return really solid?
View OriginalReply0
GateUser-75ee51e7vip
· 01-04 11:51
Holding cash is really the hardest, but also the most profitable, I agree with that. --- Copying someone else's system directly leads to losses, I feel the same way. --- I regret realizing the importance of reserving principal too late; the lesson of going all-in hurts like hell. --- Recording trades is truly essential; after three months, I can tell what bad habits I have. --- Not following big V influencers hits hard; I was fooled into entering several times. --- I feel that the principle of simplicity in the大道至简 is correct, but influential people just can't do it. --- Asking myself three questions before entering a trade sounds simple, but in practice, my mind short-circuits. --- I've stepped on countless traps of the涨幅陷阱; the temptation of percentages is too strong. --- Having strong patience to wait pays more than trading every day; this is so true.
View OriginalReply0
DeFiChefvip
· 01-04 11:50
48 million sounds great, but I just want to know how the mentality has been over these eight years. I somewhat disagree with copying the system part; it's not about copying, honestly, it's about not understanding. The fourth point about empty positions is the most heartbreaking. I really fell into the trap of overtrading, truly. Listening to big influencers is fine, but ultimately, making money still depends on your own understanding. This set of theories sounds flawless, but the people who execute it are one in a hundred thousand.
View OriginalReply0
gas_fee_therapyvip
· 01-04 11:43
Honestly, I have a deep understanding of the system part. Strategies that seem the same are profitable in others' hands but get cut when it’s my turn. The most painful part is the empty position, really hard to do. Growing from 200,000 to 48 million in ten years is quite impressive, but the most admirable thing is still that saying: simplicity is the ultimate sophistication. The Energy 8 points idea is good, but execution really depends on the person. Reserving principal is easy to talk about but really difficult to implement. Recording trades is useful; looking back at my own trades makes me realize how amateurish I am. The part about independent thinking is spot on; following big V influencers is just asking for trouble.
View OriginalReply0
ForkTroopervip
· 01-04 11:37
There's nothing wrong with that, but most people just can't break the habit of frequent trading. The phrase "profit from an empty position" hits home; the itch to trade is truly an invisible killer. I've seen too many people copy others' systems and end up out of the game; sometimes you have to take a loss to gain insight. These seven points are basically about self-discipline. Don't be fooled by the nonsense; persistence is the hardest part. Is 48 million truly profit or just a position number? Ask yourself seriously.
View OriginalReply0
CryptoSurvivorvip
· 01-04 11:23
The first point really hits me. So many people around me are all-in with their entire portfolio, and a single pullback can wipe them out. Holding cash really is difficult, but I now believe that idle money lying around is better than blindly buying. By the way, is the 48 million after tax or before tax? Haha just joking, I'm just curious how the returns in the crypto world are reported. Copying strategies and losing even more is indeed true. I've seen too many people follow the trend and buy coins, only to end up with disastrous results. I tried recording my trades for two months but gave up because it was too tedious. Now I regret it to death. Not following big V influencers is a good point. A bunch of self-media outlets boast every day, and I lost everything after just two months of following them. The principle of simplicity sounds comfortable, but how many can really execute it?
View OriginalReply0
ChainMemeDealervip
· 01-04 11:21
That’s quite a sobering statement, really. I’m the kind of person who gets excited just by looking at daily K-line charts and seeing a bullish arrangement. Sticking to an all-cash position is the hardest, I have to admit I’ve lost to myself on this one. Copying system losses is nobody’s fault but my own; I just haven’t fully understood it. The sixth point is the most practical—data doesn’t lie. Unfortunately, I was too lazy to remember it. The number 48 million sounds great, but what about the opportunity cost over ten years? Others’ success stories all sound right, but trying to apply them is full of pitfalls—that’s just how it is. Independent thinking is indeed rare, but the problem is everyone thinks they are thinking.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)