8 Years Navigating the Crypto Market: Survival Rules That Helped Me Go From Account Burnout to Turning the Tables

The market doesn’t kill you with a single crash. It kills you with subjectivity, greed, and repeated lack of discipline. I’ve been in the crypto market long enough to witness several complete bull and bear cycles. From the early days of confusion, going all-in on “hot trades,” using high leverage thinking I understood the market… to the point where my account was nearly wiped out. After that shock, I realized one thing: to make money long-term, first you must learn how not to die. Below is the survival principle set I’ve distilled over 8 years – not flashy, not fancy, but practical enough to keep you in the game.

  1. Focus Capital – But Focus on the Right Place With a small account, spreading your funds across too many coins only causes: Loss of controlLoss of focusAnd ultimately missing both big waves and risk management I used to hold 15–20 altcoins simultaneously. It seemed like “diversification,” but in reality, it was diversification of chaos. After many years, I derived this rule: When the market shows a clear uptrend → focus on core assets. When the market weakens → reduce your portfolio, hold cash. In my portfolio, Bitcoin and Ethereum always make up the main portion of volatile capital. Not because they rise the fastest, but because they have the highest probability of long-term survival and growth. Focus is not betting. Focus is placing informed trust.
  2. Follow the Trend – Don’t Be a Gung-Ho Against the Wind Most investors lose because they try: To catch the bottom before it forms To sell the top while the trend is still expanding The market doesn’t operate based on your emotions. I don’t try to predict the top or bottom. I only do one thing: follow the money flow. In a downtrend, rebounds are mostly technical corrections. In an uptrend, corrections are opportunities. High leverage, especially in perpetual contracts, is the fastest way to liquidation. Just one wrong move, and you could lose your entire capital. Survival > Correctness.
  3. Liquidity and Volume Always Precede Price One of the most costly lessons I’ve paid tuition for: Price volatility without volume is hard to sustain. When the market is rising but volume is weak, I stay out. When the flow of money and sentiment align, I participate. Remember: Not entering a trade is also an investment decision. Holding cash in uncertain times isn’t cowardice; it’s discipline.
  4. Cut Losses Quickly – Let Profits Run My golden rule: Before entering a trade → determine the maximum acceptable loss When reaching that level → exit immediately, no debate Many people do the opposite: Hope for a rebound when losing Close profits too early when winning Result: small gains multiple times, losing everything in one big loss. If profits can improve your life – don’t hesitate to realize them. The market will always present other opportunities. Your life doesn’t wait.
  5. Decision Speed Is Your Survival Rate Crypto is the “Wild West” of finance. Here: Information is chaotic Benefits are overlapping And no one is truly your friend I’ve seen many get scammed by those they trust. My principle is clear: When opportunity arises → act decisively When risk appears → leave immediately Don’t hope. Don’t reassure yourself. Don’t wait for “break-even.” Your capital doesn’t get a second chance.
  6. Don’t Average Down When Wrong “Average down” sounds smart, but it’s often just a way to rationalize mistakes. Before adding to a position, I always ask myself: If I currently hold nothing, would I buy at this price? If the answer is no → I don’t add. I’ve seen many people average down during Terra’s crash. They bought at $50, then $30, then $10… and ended up nearly at zero. A deep dip doesn’t mean cheap. It could be a sign of collapse.
  7. Avoid Overtrading – Big Profits Come from Major Trends Transaction fees, emotional swings, and FOMO are three enemies of short-term traders. My biggest profits don’t come from: Day trading every day Chasing small moves But from holding positions within a major trend. When prices rise parabolically, remember: Nothing increases forever. When you feel overly excited about a position, it might be time to scale back.
  8. Not Every Opportunity Is For You Many losses start with the phrase: “This drop is so deep, it must rebound.” The market isn’t obligated to rebound. If you discover a project too late, don’t chase just because the price has surged. The real opportunity is researching it before anyone notices – not when everyone is cheering. Missing an opportunity doesn’t make you poor. Chasing at the wrong time can bankrupt you. Final Words: The Market Rewards the Long-Term Survivors After 8 years, I’ve realized a simple truth: Crypto doesn’t reward the smartest. It rewards those disciplined and who survive the longest. You don’t need to catch every wave. You just need to survive the big storms. When you have a solid set of principles, profits are only a matter of time. Build an unbreakable rule set for yourself. Because in this market, financial freedom doesn’t come from luck – it comes from the ability to protect your capital through each cycle.
BTC-3.27%
ETH-3.35%
LUNA-3.33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)