2026-01-03 09:27:08

Having navigated the crypto market for years, I've stepped on more pits than I've eaten meals. Several margin calls, countless losses, only recently did I figure out some real lessons. Today, I want to organize these painful lessons.

**Stop-loss first, as long as you're alive there's hope**
The market never shows mercy. Hesitate for a second, and you'll lose a penny. I fell into this trap early on—hoping for a rebound, only to get liquidated three times. Later, I realized that stop-loss isn't about being cowardly; it's about preserving capital for the next opportunity.

**Make three wrong trades in a row, stop trading**
When the market is chaotic, don't blame your skills—it's the environment that's killing everything. Forcing trades during this time only makes losses worse and panic grow. Stopping isn't surrendering; it's about maintaining your strength.

**Make enough profit and then run, don't be greedy**
Even if ETH keeps rising, you should exit. Unrealized gains are just virtual; only on-chain funds are real money. Stick to one principle: withdraw once you make $300. Locking in profits is the most basic rule that the longest-standing traders in crypto understand.

**Follow the trend, avoid sideways markets**
In a trending market, you can eat up some gains by going long. But during sideways movement, no matter how you guess, you'll get chopped back and forth. Just close your position and wait for an opportunity. Those who stubbornly fight in volatile markets will end up getting wiped out or liquidated.

**Position management, 5% is the red line**
Light positions are the real bulletproof vest. You can't control the market, but you must control your position size. Overleveraging or full positions are like jumping into a pit. Protect your position, and you'll protect your livelihood.

From starting with 2000U to now having a eight-figure net worth, it's never been luck. It's about ingraining these rules into your bones and toughening your mindset more than steel. The crypto world is ruthless, but those who truly survive are even tougher.

ETH1,28%

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AirdropHunterZhang

· 01-03 09:56

Alright, I admit it, I was really hit on the stop-loss part, but running out with just 300U... I think it depends on the market. Sometimes, earning only 80 and being forced to clear zero is also very uncomfortable.

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ETHmaxi_NoFilter

· 01-03 09:49

I agree with the stop-loss part, but hearing about an 8-figure net worth as an opening line... it's a bit too much haha. The key is to stay alive, and as for how much you can earn, it depends on how much pressure you can withstand.

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MEVictim

· 01-03 09:33

Losing positions three times in a row finally made me understand the importance of stop-losses. The cost must be incredibly painful. But indeed, only by staying alive can there be a chance to turn things around. --- Selling out at 300U? Sounds conservative, but think about those who go all-in in one shot—few of them end up laughing last. --- The most dreaded thing is sideways trading; guessing and guessing, only to end up with losses. It's better to stay out of the market and wait for clear signals. --- The red line at 5% position size is correct, but when the market really takes off, can you still hold back? That’s the real test of a person. --- Going from 2000U to eight figures, listening to stories is one thing, but the key is to figure it out yourself. Others’ rules don’t fit your account. --- Stop-loss is easy to say but hard to do; that hesitation in that one second is the most deadly. --- Holding through sideways trading is indeed suicidal; better to just watch the show honestly. --- I deeply understand the saying "lock in profits," as floating gains are indeed an illusion. --- That’s just how the crypto world works: if you can’t control your position, it’s like self-destructing. --- Is having an eight-figure net worth just hype, or is it real? Anyway, the reasoning sounds reasonable.

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MEVictim

· 01-03 09:30

You're absolutely right. I've been through the blood and sweat to overcome the stop-loss hurdle. Now, whenever I see floating losses, I become especially sensitive. I just want to ask, is the 300U target a bit low, or is this a safety number for beginners? After making three consecutive wrong trades, I must stop. I'm now executing this very well, much better than before. The hardest part is actually the mindset. You can learn the techniques, manage your position, but that breath of hesitation still occasionally gets the better of you. Wait, from 2000U to eight figures... how many pitfalls did I have to step over in between? I really admire it.

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