2026-01-01 16:30:15

The common characteristics of those "quick death" types in the crypto world: they make money fast, and they die just as quickly.

To be blunt, making a few thousand dollars in half a year in the crypto space turning into a million is happening every day. #美联储FOMC会议
But when you look back, how many can walk away alive and intact? Count them on one hand.

Account floating profits of 200,000 to 300,000, then a wave of correction, and all profits are wiped out clean; some even get liquidated to zero. $RIVER
Many blame the market for not cooperating, or their own poor skills. But the real killer is actually just one thing—can't stop.

The term "rolling positions" has been overplayed. Most people understand rolling as trading every day, constantly adding positions, going all-in. But in reality, the most profitable rolling logic is only one: act only when confident, stay in cash when unsure.

People who lose big generally fall into these three traps:

**Doing it hard without seeing clearly** — forcing trades in ambiguous market conditions

**Greedy after small gains** — adding positions after minor profits, greed makes the snake swallow the elephant

**Holding on stubbornly when caught** — unwilling to cut losses, averaging down all the way, eventually creating a big hole

Conversely, those who truly grow their accounts are all very disciplined.

I have three iron rules myself:

**First: The first trade must be profitable to count** —
Make money on the first trade, then withdraw the principal. From then on, use only the profits to trade, and your mindset changes completely—after all, it’s money earned, and you can afford to lose.

**Second: The more you earn, the more cautious you must be** —
When floating profits reach an ideal level, immediately tighten the stop-loss. Don’t chase the top, and definitely don’t watch profits evaporate passively.

**Third: Only capitalize on major market explosions** —
Don’t care about trading frequency, only about the certainty of each trade. When the market isn’t clear enough, prefer to stay in cash and wait, rather than opening random trades.

In the end, it’s just one sentence: the crypto world isn’t about who earns faster, but about who can earn and still hold on. Learning to wait, knowing when to take profits, and acting decisively—this is what long-term survival looks like.

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CryptoSourGrape

· 6h ago

Damn, that's a really harsh way to put it... If only I had been this disciplined back then, I wouldn't have gone from a million-dollar account back down to five figures.

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OneBlockAtATime

· 6h ago

You are absolutely right. I've seen too many people get rich overnight and then go bankrupt overnight. I have deep experience with stubbornly holding on; watching unrealized losses and not cutting losses is truly addictive. The key is restraint, but restraint is the hardest. Make your profit and run, don't be greedy. It's easy to say but really hard to do. I’ve noted these three iron rules, especially the first one: take out the principal first after making a profit; the mindset is indeed different. But to be honest, most people simply can't do the empty position and wait.

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AirdropHuntress

· 6h ago

After research and analysis, this logic indeed hits the dead end for most people. I've seen too many accounts go from 200,000 or 300,000 to zero after a wave of corrections. Frankly, it's because they don't understand risk control. Regarding stop-loss, data shows that less than 30% of traders can execute it properly. Most people get wiped out at the "averaging down" step. Here are some risk points to pay attention to: the first order must recover the principal, floating profits should be immediately set with a stop-loss, and if you're not confident, don't open trades randomly—historical data shows that accounts that follow these three rules ultimately survive.

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TokenomicsTrapper

· 6h ago

honestly if you read the vesting schedules on these coins, the "slow bled to zero" part writes itself... classic exit pump pattern playing out exactly on schedule 🎭

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ser_we_are_early

· 6h ago

Honestly, I really like the "first order must be profitable" approach. With the principal withdrawn, my mindset feels much better.

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DegenTherapist

· 6h ago

Honestly, I need to write down these three iron rules and stick them on the wall. Every time I get tempted to add to my position, I just take a look.

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OnChainSleuth

· 6h ago

First order draw principal this trick is really awesome, the mindset instantly changes. Can't stop is indeed the real killer move, more deadly than anything. I've seen too many cases of getting trapped and holding on to average down, each one more ruthless than the last. Waiting on the sidelines may sound simple, but actually doing it is the real skill. Floating profits of 200,000 to 300,000 and then starting to take risks, no wonder they get wiped out. The term "rolling positions" has been overused; most people understand it as reckless shuffling. Making quick money is easy, but holding steady is the true practice. The rule that the first order must be profitable really hits the point. If the market is unclear, don't move; that's the hardest thing to do. Self-control is truly worth much more than technical skills.

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