The Five Steel Principles Helped Me Survive in Crypto Contract Trading

Calm – Discipline – Live Longer Than the Market Brothers often joke with each other: “One day in crypto equals one year in real life.” This is not wrong. Today still showing profits, tomorrow you might be watching your account evaporate. I’ve been in this market long enough to witness everything: – People who change their lives after just one wave – People who burn their accounts because of a single “all-in” move – And many others… disappear without a word So why am I still here? It’s not because I’m better at predicting the market than anyone else. Nor because I have a secret “win every trade” trick. But because I see trading as a profession, not a gamble. Below are 5 survival principles I’ve followed for many years. All are paid with real money, real tears, and sleepless nights. Principle 01: Cut Losses as a Survival Rule, Not a Failure The biggest mistake for newcomers ( and even veterans ) is not cutting losses. The price has broken structure, the trend is broken, but in your mind, you still comfort yourself: “Wait a little longer, maybe it will bounce…” And you know the result: Small loss → moderate loss → big loss → account burn. I always remind myself: Cutting losses is not losing, it’s saving your life. My simple rule: Always set a stop-loss when entering a trade When it hits, cut, no negotiations Don’t move your stop-loss based on emotions The market doesn’t care what you think, believe, or how much money you need. If you don’t protect yourself, the market will teach you a very expensive lesson. I once didn’t cut a small loss, moved my stop-loss multiple times… and ended up burning my account. After that, I swore to myself: never compromise on discipline again. Principle 02: After 3 Consecutive Losses, Stop Trading; Don’t Trade When “On a Roll” Have you ever experienced this? – Lose 1 trade → frustrated – Lose 2 trades → annoyed – Lose 3 trades → determined to “recover at all costs” And then… keep losing. That’s no longer trading, but fighting the market with emotions. My rule: After 3 consecutive losses → stop trading immediately. Stop looking at charts. Don’t “enter more trades to feel better.” Get up, step away from the screen, walk, drink water, sleep. The market is always there. But if you let emotions control your mouse, you will destroy your account yourself. The long-term crypto survivor is not the one who trades the most, but the one who knows when to stay out. Principle 03: Lock in Profits, Don’t Fall in Love with the Numbers on the Screen Many people confuse a very dangerous thing: Profit on the screen ≠ your money. Only when: Withdrawing to wallet Or actually taking profit …then it’s truly your money. My rule: When profits reach a certain threshold → must lock in part of it Don’t let all profits continue to “float with the market” I set a rule for myself: When profits exceed 20% of total capital → withdraw at least 50% of the profit. This may sound “too safe,” but it has saved me countless times. In a bull market, everyone is a genius. Only when the market turns do you see who’s in swimwear and who’s naked. Principle 04: Follow the Trend, Don’t Try to Prove You’re Smart Crypto markets give you opportunities to make money at every stage: – Up – Down – Sideways But the prerequisite is: follow the trend. My rule: Trade only when the big trend is clear Market noise → stay out Don’t try to “top-tick or bottom-tick” I don’t use too many indicators. Just the simple moving average (MA): Price above MA → think Long Price below MA → think Short Don’t overcomplicate everything. You don’t need to catch the entire wave, just the safest part to stay healthy. Principle 05: Capital Management Determines Whether You Live or Die This is the most important rule. Many skilled traders analyze… but die because they enter trades too heavily. My rule: Max 10% of total capital per trade Never “all-in” Never “martingale” I also have a mandatory regulation: If total losses reach 15% of the account → stop trading for at least 1 week. During that time: Review trading history Identify mistakes Refrain from placing any trades Enter lightly → stay calm → make clear decisions. Enter heavily → heartbeat racing → brain stops working. Crypto is full of opportunities. Only lacking are those with enough money to seize them. Conclusion: Trading is a Marathon, Not a Sprint Crypto is not a get-rich-quick scheme for the masses. It’s a place where awareness transforms into money. You cannot earn more than your understanding allows. And if you do, sooner or later, you will give it back to the market. The five principles above sound very simple. But 99% of losers fail because they can’t do these simple things. Trading is not about guessing the market, but about managing yourself: Greed Fear If you keep discipline, you will survive. Survive long enough, profits will come naturally. Learning is the greatest asset in crypto. And those who survive are always the ultimate winners.