#美SEC促进加密资产创新监管框架 From being 300,000 in debt to making a million a month, I’ve hustled in the crypto world for five years and realized one truth: survival is more important than speed. Today, I’ll candidly share the “defensive strategy” that turned things around for me—it’s not pretty, but it really keeps you alive.

**Let’s Talk About the Traps I Fell Into Over the Years**

How many people have lost everything because of these three mistakes?

**Averaging down in a bear market is suicidal.** The more you average down, the more you lose, until your principal evaporates without a trace. There’s a saying among crypto veterans: averaging down feels good for a moment, but liquidation is a one-way trip to the crematorium.

**High-frequency trading just makes you a wage slave for the platform.** Staring at the screen for over a dozen hours a day, fees can eat up 30% of your profits. You think you’re trading? You’re actually just paying tuition.

**Unrealized gains are meaningless.** You make 50% on paper and refuse to cash out, then one flash crash wipes you out. I’ve seen this too many times. Remember: money not in your wallet is just a paper profit.

**What Do I Do Now? So Simple It’s Almost Embarrassing**

Don’t get greedy with direction: only go long or only go short in one cycle, don’t try to play both sides. Hedging both ways? That’s digging your own grave.

Mechanical execution is the most reliable: set your stop loss at 3% and take profit at 5% before entering. No matter how tempting the market is, don’t waver—human nature is too weak to withstand temptation.

Less action, more observation is the key: only do 1-2 high-certainty trades a day. More than 3 trades? That’s called getting carried away, not strategy.

**Here’s a Comparison to Make It Clear**

**Wrong Approach:**
Go all in with 100,000, 20x leverage, double or nothing, and keep averaging down when trapped. Result? Two liquidations in three days, only 3,000 left.

**Right Approach:**
With the same 100,000, use 20,000 to test the waters, strictly exit with a 3% stop loss. Only take action twice a week, targeting key points. After a month, you get a steady 8% return, which can compound to 150% annually.

What’s the difference? One is gambling with their life, the other is doing the math.

**Capital Management Is Your Lifeline**

Here are some real numbers:

**Position sizing is the baseline:** With 100,000, never use more than 10,000 per trade. Total positions should not exceed 20%. The rest is to manage risk, not just to sit there.

**Stop loss isn’t a suggestion, it’s an order:** Cut your losses at 2%, no exceptions. You might get lucky once, but if you try ten times, you’ll lose big eventually.

**Leverage is a double-edged sword:** Beginners shouldn’t touch it, and veterans should never exceed 10x. There’s no shortage of get-rich-quick stories in crypto, but survivors all use low leverage.

**Six Words to Live By**

Do this: use spare money, follow the rules, stick to one direction.
Don’t do this: all-in, stubbornly hold, or mess around.

Final heartfelt advice: The derivatives market doesn’t reward reckless gamblers. If you’re risking money you need to live, you’ll most likely end up as someone else’s stepping stone. Protect your principal, let time work for you, and compounding will do its magic. There’s no shortage of opportunities in crypto, but what’s really lacking are people who can survive until those opportunities come.

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