The Iron Law of the Crypto World: First Learn to "Survive", Then Talk About Making Money
After struggling in the crypto world for eight years and experiencing five liquidations, I finally understood the meaning of survival
Many newcomers ask me as soon as they enter the space: K, how can I make my first pot of gold?
I don't want to answer this question repeatedly, so I'll say it all at once today: Your first lesson in the crypto world is not making money, but surviving
When I first started, I was fighting in the Binance futures area every day
10x, 20x, 50x leverage, I felt like a warrior
At that time, when the market surged, my account doubled; when the market crashed, I was liquidated
Worse yet, even if I got lucky and won, I would rush back in
Not out of greed, but because the "addiction" kicked in
At that time, I realized: the most ruthless poison in the crypto world is not the crash, but the sweetness of that one contract
Winning once becomes addictive, losing once makes you want to recover
But the reality is that everyone thinks they can win in the end, yet the leaderboard keeps changing
Very few truly survive
I was also one of those who has "died" before
Five liquidations, even my bank card was cleared, later I slowly saved up 3200U by doing odd jobs, swearing that I would never gamble again, never rely on luck again
From that moment on, I treated myself as a "drug addict", with 90% in spot trading and 10% in experimental positions
Every day I review my trades, not to make money, but to summarize even one experience of "losing less"
Slowly, I found my mindset stabilized, and my account began to recover slowly
That sense of security from climbing out of hell is something that no amount of wealth can replace
In the crypto world, it's not about who makes money fast, but about who survives the longest
I have a heartfelt piece of advice for those who come after:
In contracts, learn to wait 90% of the time
Market opportunities are not available every day, but pitfalls are
You need to have capital, patience, and understanding to wait for that wave that truly belongs to you
The lesson I took eight years to understand, you can avoid pitfalls now
So, I want to take a group of people who can listen to me, teaching them that they can survive in the crypto world without relying on gambling or luck
I am K
I have been liquidated five times and have survived for eight years
In the next market cycle, if you really want to learn something, come find me
This time, I won't teach you how to get rich quickly, only how to survive.