Crypto Survival Diary: That Year I Nearly Burned My Account and Three "Lifeline Keys" Saved Me

Ten years of navigating the coin sea, the deepest lesson is: survival is more important than everything else. Dear brothers, Today’s market is lively again. Is the familiar feeling of FOMO making you restless? I remember the early days of entering crypto with 20,000U in hand, thinking the market was an ATM. After a few trades, I finally understood what it means to be “taught a lesson.” There was a time I almost blew up my account. The feeling of a rapid heartbeat, cold hands, insomnia over a red candle – anyone with experience understands. Looking back, I realize: what can defeat you are not small losses, but one or two all-in moves made without thorough thinking. Especially for newcomers, with less than 10,000U capital but wanting to “reach the sky in one step”: two days of excitement, entering three big orders, bursting with confidence – then a slight shake can knock down the entire account. Today, I share three “life-saving locks” that saved me from the abyss. Not a quick wealth secret, but something that can help you withstand the storm. Lock 1: Position Lock – You Are Not Short of Opportunities, You Are Just Too Impatient to Win “All-in” sounds impressive, but it’s the shortest path to… account graveyard. In an uptrend, FOMO causes many to go full margin; just one normal correction is unbearable. My iron principle: never shoot all your bullets at once. How I allocate capital: 50% – Core position: only for assets I understand well and follow long-term (for example BTC, ETH). 30% – Satellites: a few altcoins with real products, each not exceeding 5% of total capital. 20% – Flexibility: only used when the trend is clear and stop-losses are set tightly. Survival tip: when the market is favorable, gradually increase; when not, withdraw quickly. Keeping the “base” means you still have a ticket for the next round. Crypto is not short of opportunities – only short of people who stay long enough to meet opportunities. Lock 2: Sell Point Lock – Don’t Force Losses, Don’t Be Too Greedy for Gains Many people lose not because they are wrong, but because they hesitate. Regarding stop-loss: I set a strict rule – exit immediately if a trade loses 5%. Not surrender, but preserve capital for higher probability opportunities. In derivatives markets, 10 winning trades can be wiped out by one wrong hold. Regarding take-profit: equally important. Learn to gradually sell as the price rises. Don’t dream of selling at the peak – no one can do that. My usual method: when the price breaks below the 120 MA on the 4-hour chart by about 2%, start reducing the position. The market doesn’t go up forever. To survive long-term, let winning trades run and cut losing trades quickly. Lock 3: Project Lock – If You Don’t Understand, Even Profits Are Just Luck Every day, crypto has a forest of new concepts, loud group hype, videos depicting distant visions. But if you can’t clearly say in two sentences what a project does and where the money comes from, you might be becoming a “profit source” for others. My principle is very simple: only participate in what I truly understand. Read whitepapers, not just follow KOL tweets. Experience on-chain, use the product yourself to feel it. Stay away from “too good to be true” projects, especially those with grand stories but vague technical logic. Investing is about turning awareness into profit. You can’t make money beyond your understanding. Money brought by luck will eventually leave due to lack of discipline. Message from Experience The market is very harsh. Just one strong fluctuation can wipe out tens of thousands of accounts. But it’s also here that hope sprouts amid despair, and within the thrill of victory always lurks a deadly blow. When the market is euphoric, stay cooler. When the charts are dull, stay steadier. While your money is alive, you have the right to continue the game. Don’t dream of flying in a day – let your money stand firm first. Patience will reward your account – not because you are better than others, but because you no longer let emotions lead. These three “life-saving locks” have helped me through major market upheavals and still remain to wait for strong recoveries. I hope they also help you go further, more sustainably. Remember: in this 24/7 market, truly successful people don’t chase short-term profits. Their goal is very simple – Survive First.