【Live Longer in Digital Assets】

In the past couple of years, I've seen too many stories of collapses in the crypto world. Some people initially made small profits but got wiped out after heavy leverage; others frequently chased highs and sold lows, only to realize they were just helping others push the price up. What’s most lamentable is that they are often driven by emotions.

I myself paid my tuition early on. Following the herd to full positions, stubbornly holding onto losses, randomly adding to positions—after all that, my principal was cut in half. It wasn’t until later that I understood a simple truth: surviving in the market is more important than how much you make.

Because of this, I set three bottom lines for myself. Over the years, I’ve never been swept away by a single wave.

**First: Always Leave a Way Out for Yourself**

No matter how good the market looks, never go all-in. This isn’t cowardice; it’s the prerequisite for survival. Opportunities will come around again, as long as your account still exists, there will be a next wave for you. But if your principal is gone, you’re completely out—this must be understood clearly. During a trending market, you can add in stages as long as the direction is correct; once the direction is wrong, you must have the courage to cut your losses. Hesitation only leads to being repeatedly cut like a chive.

**Second: Stop Loss and Take Profit Without Bargaining**

Accept losses when they happen, take profits when they come. Especially in markets with huge volatility like crypto assets, a single big red candle can wipe out all your unrealized gains. It sounds like a simple discipline, but it’s the hardest to execute—because greed and fear are always at play. Mainstream coins like Bitcoin and Ethereum have experienced countless booms and busts. Disciplined traders survive to the middle, while undisciplined ones get eliminated again and again.

**Third: Only Buy What You Truly Understand**

Boasting in groups, screenshotting gains, recommending small coins—most of these have nothing to do with your account. Real opportunities never need others to scream and tell you about them. If you jump in without understanding the basic logic of a project, you’re just gambling on luck. Missing an opportunity once is okay; reckless buying is what really makes you suffer losses.

**Final Words**

The crypto market isn’t short of people wanting to turn things around; what’s missing are those who can keep their rhythm steady and not be driven by emotions. The money in your account isn’t fundamentally about multiplying it several times; it’s about staying alive. Only by surviving can you have the chance to grow your assets slowly. Instead of rushing forward recklessly, it’s better to ensure you won’t be swept away by a single wave.