In this market, how long you can survive is often more precious than overnight riches.

I have been on the path of crypto assets for ten years. From starting with 10,000 yuan in capital to now supporting my family through trading, these over three thousand days have witnessed wealth myths and also seen too many despairing liquidations at 3 a.m.

Many newcomers naturally think that high leverage and complex operations are the tickets to making money. Ironically, my true and stable profit secret is actually quite "simple"—it’s to imitate the crocodile’s survival rules: enough patience, ruthless stop-loss, and firmly holding onto the principal.

**1. Mandatory Courses Before Entering the Market**

My earliest lesson was losing three thousand yuan in vain. At that time, I didn’t even understand blockchain principles and blindly bought counterfeit coins following signals in chat groups. After two months of reading the Bitcoin white paper and industry forums, I finally understood a simple truth: anything I don’t understand is essentially gambling.

Before placing an order, you must clarify three questions. First, does this coin have practical application scenarios, or is it just air? Second, why does the market recognize it, and what is the basis of consensus? Third, are you familiar with exchange operations—depositing and withdrawing coins, reading K-line charts, placing orders? Spending a month or two learning costs is ten times more worthwhile than the losses from blindly entering the market.

**2. Spot Trading Is the Longer-Lasting Choice**

A very realistic story: I know a fan who steadily earned 50,000 yuan through spot trading. Feeling it was too slow, he suddenly opened a 10x leveraged contract. He couldn’t hold on for even half a day; not only did his principal evaporate, but he also got liquidated in the opposite direction and owed money to the platform.

I’ve been trading crypto for seven years and have never touched futures contracts. The reason is simple—price fluctuations of 1% with 10x leverage mean a 10% change in your account. A 2% fluctuation, and your principal is gone. The exchange’s liquidation mechanism is very sophisticated, and most retail traders get wiped out by this "sophistication."