Rising from the Abyss: My Survival Rules in the Crypto Market

Eight years ago, I experienced the darkest period of my life. Living in a cramped rental room, my meals consisted only of bread and pickled vegetables to get by. After three years of struggling in the cryptocurrency market, I not only lost all my capital but also accumulated debts of over 2 million yuan. That feeling of despair is something only those who have gone through it can truly understand. Today, I can calmly say: I survived and got back on my feet. Not thanks to luck, nor any insider secrets, but thanks to a “slow but steady” method I developed through blood and tears. Many believe that making money in crypto requires talent, insider information, or big bets. But my experience shows: the only people who can stick around until the end are those who prioritize “survival” over profit. Classic Mistake: Breakout Trading During the Asian Session After countless failures, I derived a painful rule: Price breakouts during the Asian trading session, 9 out of 10 times, are traps. Many people make a few tens of thousands in profit in the morning, only to double their money in the afternoon. I’ve experienced that rollercoaster too many times. Prices fluctuate chaotically, liquidity is thin, and it’s very easy to be “led astray.” To trade sustainably, you need to know when to act and when to stay out. Two Golden Time Windows for Effective Trading Based on personal experience, the clearest and “cleanest” opportunities usually appear at two times:

  1. US Evening Session ( Around 21:00 – 01:00) When major institutions and Wall Street funds participate, the market moves more orderly. Trends are clearer, and technical signals are more reliable than during the day.
  2. US Economic Data Release Times For example, important reports released in the early morning (Vietnam time). These moments often create “pure” news-driven volatility, suitable for disciplined short-term strategies. My Personal Trading Indicators I don’t chase “miracle signals” or strategies advertised as万能. After years of testing, I’ve built a set of indicators suited to market rhythms: MACD: Focus on strong crossover signals below the zero line.RSI: Wait for RSI to break the downtrend line, confirmed by increased volume.15-Minute Chart: Observe specific signals to enter trades in the short-term trend. These tools aren’t flashy, but they’ve helped me catch several major waves over the past year. Stop-Loss: The Number One Survival Rule In crypto, stop-loss isn’t just a technique — it’s a survival law. I’ve noticed that the market loves to “hunt” for fixed stop-loss orders like 3%. So, I switched to a dynamic stop-loss strategy: When the market is rising: set stop-loss levels based on key Fibonacci retracements.When the market is highly volatile: use ATR (volatility) to determine reasonable stop-loss ranges. This simple change has saved me many times, helping me preserve capital until a major trend truly erupts. The Market Always Offers Opportunities, But Only for Those Who Know How to Survive Many ask me: “Can I still enter the market now?” My answer is simple: opportunities always exist, but you must learn to survive first. Don’t let overnight riches stories blind you. Before thinking about profits, build discipline, risk management, and a clear trading system. In crypto, the winner isn’t the fastest trader, but the one who lasts the longest. Learn every day, discipline every trade, and prioritize capital preservation. That’s the long-term path to survival and growth in this market.
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