Many people ask me how I've survived three years in the crypto world without getting wiped out. My answer is only two words: discipline.
I still remember that night three years ago, I rushed in with 1200U, eyes glued to the candlestick chart, full of thoughts of getting rich overnight. Two weeks later, the market gave me my first lesson with a 300-point plunge. That’s when I realized this place isn’t a casino, it’s a meat grinder.
Now, when I see newcomers starting with 1000U, they usually follow the same pattern—impulsive. Impatient to build positions, add to them, go all-in. I’m different. I use 200U as a probing tool and have stubbornly endured for three years. Let me share my real strategy.
**First Trick: Position Sizing, More Important Than Anything**
The most common story of getting wiped out starts the same—full position from the beginning. As if missing a second means missing a life-changing opportunity. The result? Accounts drop from tens of thousands to a few thousand, with no chance to rebound.
Even now, with 5000U in my account, I never risk more than 200U per trade. It’s not because I’m timid; surviving longer is more valuable than making quick gains. My capital allocation looks like this:
Base position of 500U, leveraged 20x to trade 10,000U; maximum loss per trade set at 100U—stop loss after one mistake; risk-reward ratio fixed at 5:1, meaning if I lose 100U on a mistake, I can net 400U on a winning trade.
Friends who once laughed at me for being “too conservative” all got out within three months. Meanwhile, my “timid” approach not only kept my account alive but also steadily grew. Does math lie? No.
**Second Trick: Only Trade Opportunities You Can See Clearly**
In my first year of trading, I thought every market move was a signal. Not acting for a day felt unbearable, afraid of missing out. Later, I realized 80% of market fluctuations are noise, and frequent trading just pays fees to the exchange.
Now, I trade much less often. Not because there are no opportunities, but because there are so many. I only pick the ones I can see clearly. I’d rather trade once a week than ten times a day with leverage. Risk control isn’t about holding the bottom line; it’s about actively leaving 90% of the positions.
You ask how I judge which trades are worth taking? Look at three points: Is there a clear technical signal? What’s the current flow of funds? Do I understand the fundamentals of this coin? If I can’t answer any of these, I wait. Those who can’t wait will eventually suffer in the market.
**Third Trick: Losses Are Tuition, But Keep the Cost Low**
It’s impossible to make money every time. I’ve lost quite a bit over these three years. The key is not to lose too much when you do. A 100U loss limit is manageable for me. If I lose more than that in one trade, it indicates poor risk management.
True experts aren’t those who never lose, but those who minimize damage when they do. Look at accounts that suddenly revert to zero—most share the same problem: single trade risk is too high, and discipline is lacking.
**Final Words**
In these three years in crypto, I’ve seen many fierce traders, but most get wiped out due to lack of execution. Having a plan but not following through, having discipline but not sticking to it—these are what eat away at your account little by little.
I’m not a master, just an ordinary retail investor. But this ordinary investor has an advantage—strong execution. Set a loss limit and don’t touch it; set a profit target and take profits. Don’t gamble against the market with your personality; your personality will eventually be corrected by the market. Discipline is the only weapon.
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FlashLoanLarry
· 9h ago
Everyone's right, but execution is the hardest part.
View OriginalReply0
MEVHunterLucky
· 9h ago
Honestly, discipline is easy to talk about but extremely hard to implement.
View OriginalReply0
RektHunter
· 9h ago
That's right, it's all about discipline, nothing fancy or flashy.
Many people ask me how I've survived three years in the crypto world without getting wiped out. My answer is only two words: discipline.
I still remember that night three years ago, I rushed in with 1200U, eyes glued to the candlestick chart, full of thoughts of getting rich overnight. Two weeks later, the market gave me my first lesson with a 300-point plunge. That’s when I realized this place isn’t a casino, it’s a meat grinder.
Now, when I see newcomers starting with 1000U, they usually follow the same pattern—impulsive. Impatient to build positions, add to them, go all-in. I’m different. I use 200U as a probing tool and have stubbornly endured for three years. Let me share my real strategy.
**First Trick: Position Sizing, More Important Than Anything**
The most common story of getting wiped out starts the same—full position from the beginning. As if missing a second means missing a life-changing opportunity. The result? Accounts drop from tens of thousands to a few thousand, with no chance to rebound.
Even now, with 5000U in my account, I never risk more than 200U per trade. It’s not because I’m timid; surviving longer is more valuable than making quick gains. My capital allocation looks like this:
Base position of 500U, leveraged 20x to trade 10,000U; maximum loss per trade set at 100U—stop loss after one mistake; risk-reward ratio fixed at 5:1, meaning if I lose 100U on a mistake, I can net 400U on a winning trade.
Friends who once laughed at me for being “too conservative” all got out within three months. Meanwhile, my “timid” approach not only kept my account alive but also steadily grew. Does math lie? No.
**Second Trick: Only Trade Opportunities You Can See Clearly**
In my first year of trading, I thought every market move was a signal. Not acting for a day felt unbearable, afraid of missing out. Later, I realized 80% of market fluctuations are noise, and frequent trading just pays fees to the exchange.
Now, I trade much less often. Not because there are no opportunities, but because there are so many. I only pick the ones I can see clearly. I’d rather trade once a week than ten times a day with leverage. Risk control isn’t about holding the bottom line; it’s about actively leaving 90% of the positions.
You ask how I judge which trades are worth taking? Look at three points: Is there a clear technical signal? What’s the current flow of funds? Do I understand the fundamentals of this coin? If I can’t answer any of these, I wait. Those who can’t wait will eventually suffer in the market.
**Third Trick: Losses Are Tuition, But Keep the Cost Low**
It’s impossible to make money every time. I’ve lost quite a bit over these three years. The key is not to lose too much when you do. A 100U loss limit is manageable for me. If I lose more than that in one trade, it indicates poor risk management.
True experts aren’t those who never lose, but those who minimize damage when they do. Look at accounts that suddenly revert to zero—most share the same problem: single trade risk is too high, and discipline is lacking.
**Final Words**
In these three years in crypto, I’ve seen many fierce traders, but most get wiped out due to lack of execution. Having a plan but not following through, having discipline but not sticking to it—these are what eat away at your account little by little.
I’m not a master, just an ordinary retail investor. But this ordinary investor has an advantage—strong execution. Set a loss limit and don’t touch it; set a profit target and take profits. Don’t gamble against the market with your personality; your personality will eventually be corrected by the market. Discipline is the only weapon.