Bitbear比特阿雄751

After a year of trading, I've finally figured out the reason for liquidation!! It turns out it's not that your trading skills are poor, but rather Binance, where in one second and the next, it's all about robbery!!! In less than a second, all your money 💰 is cleared out!! I hope the US government takes care of this rogue.

36 years old, from Hunan, has settled in Shanghai. Two houses, one for parents to live in, one for myself.

This confidence is not based on luck, but on the blood and tears exchanged inch by inch over the past ten years in the cryptocurrency world.

When I first entered the market in 2015, I carried more than 200,000 saved from my job, thinking I could double it quickly through 'news' and 'short-term trading'.

As a result, in less than a year, only 50,000 was left in my account. That kind of despair still sends chills down my spine when I think about it now. But I didn't give up—not because I was particularly determined, but because I seemed to have no other choice.

What really kept me alive was not some advanced techniques, but a few simple rules. I printed them out, pasted them all over my room, and constantly reminded myself not to mess up.

1. Mindset is always the top priority.

When the market skyrockets, it's easy to get carried away; when it crashes, it's easy to panic. I've experienced Bitcoin doubling overnight and also witnessed LUNA drop to zero in a few days. Later, I understood: the market is not short of opportunities, but lacks those who can wait. As long as you seize a certain opportunity once a year, that's enough. With little money, you have to be frugal; never go all in.

2. Your understanding determines how much money you can keep.

In the early days, I made quick money by luck, but eventually lost it all back. Later, I started writing a trading journal, reviewing each operation. Practice on a simulated account for skills, and on a real account for mindset. Gradually, I understood: money earned outside your understanding will eventually be paid back.

3. Medium to long-term investment should be like planting trees, short-term trading should be like fishing.

For medium to long-term investments, I always keep enough liquid funds, buying in batches when prices drop and selling in batches when they rise, never greedy for the last penny. For short-term trading, I only choose coins with the top twenty trading volumes; no matter how enticing, I won't touch those with poor liquidity. I use 15-minute K-lines combined with KDJ and MACD indicators to find buy and sell points; if the direction is wrong, I immediately cut losses without any luck.

4. Understand the drops to be able to wait for the rises.

Sharp drops are often followed by quick rebounds, while gradual declines usually require a longer bottoming period. Understanding this rule can help avoid many pitfalls.

After ten years in the cryptocurrency world, climbing out of the 'seven losses, two breakevens, one profit' curse, I increasingly believe: making money relies on luck, but preserving wealth relies on a system.

Now my assets have reached eight figures, yet I'm even more cautious. Occasionally I mentor newcomers, but the first sentence is always: 'Think about how to survive first, then talk about making money.'

There are no shortcuts on this road; the only 'tip' may be: stick to your rules and wait for the wind to come. @币来财888