I've read many stories of newcomers entering the circle. A few thousand yuan of capital and a burst of enthusiasm rush in, but in the end, most people's outcomes are similar—uninstall the app, blacklist the exchange, and never touch the crypto world again. Interestingly, these people are often not lacking judgment but simply haven't learned how to make money while alive.

I've seen too many crash scenes. Just opening the market chart makes it hard to look away, following every call, chasing after rises, adding to positions during dips, and within a week, their mentality drops from the peak to the trough. You think you're gambling on opportunities, but in reality, you're just a "cannon fodder" in someone else's market.

To survive in this market, you need to understand a few basic rules.

**Position Size is Life and Death**

No matter how tempting the market is, don't go all in at once. With a capital of 5000U, you should only risk up to 2500U in a single trade to test the waters, and keep the rest—either to add to your position or wait for the next opportunity. This is not conservatism; it's common sense. The crypto market is never short of opportunities; what's lacking is the ability to stay alive until the next wave.

Market volatility can wipe out leveraged accounts overnight. Most people lose money not because they see the wrong direction but because they didn't leave themselves an exit. Once you're fully invested, if the trend reverses, there's no room to maneuver.

**Discipline in Stop-Loss and Take-Profit**

Act when it's time to act; don't get emotionally attached to the market. This market changes faster than flipping through a book—just a few big bearish candles can wipe out all your gains. Set clear rules—for example, take profits at 20%, cut losses at 10%—and stick to them strictly.

The most deadly illusion is "waiting for a rebound." The market won't follow your script; it moves according to capital flows. Greed once might turn your profits into zero, and then continue downward.

Those who understand these points will at least avoid being harvested as leek by the market.