#加密生态动态追踪 # Trader's Three Lessons: Survival Rules Learned from Liquidation

These are not theories; they are hard-earned lessons paid in real money. Beginners, don’t think this is unnecessary. Remembering these can save you three years of tuition, and maybe even help you live a few more years (laughs).

**Lesson One: Leverage is not an accelerator; it’s a time bomb**

In my early days, I also did crazy things—starting with 10x leverage, thinking losses were too slow, so I wanted to double down. Looking back now, it was purely gambling with my life.

Leverage is always a double-edged sword. If handled well, it can open doors; if not, it can cut you down. Beginners should start slowly with 3x or 5x leverage, allowing their bodies to adapt to market volatility and feel the true temperament of the market. Once you’re no longer afraid of rising or falling, then consider increasing your position. To put it simply, if you respect the market, it won’t be too harsh on you; if you underestimate it, prepare to be harvested.

**Lesson Two: Stop-loss is not surrender; it’s a lifesaver**

Previously, I liked to do one thing called "holding through"—persisting when the market turns around, thinking "it should rebound." The result? Losing more and more, eventually getting liquidated and starting to question life. That feeling can really leave psychological scars.

Later, I realized: stop-loss is not for show; it’s to save your soft-hearted self. Now, I have a strict rule when trading with followers—any trade without a stop-loss, I won’t touch it. Even if they say, "Just this once, I can hold," I will give up. Because one lucky break can turn into a deadly habit. Those who fall hard usually start with "holding on one more time."

**Lesson Three: The most dangerous enemy is actually inside you**

I’ve reviewed all liquidation cases, and the reason always points to one word: chasing. Seeing a surge, I couldn’t resist jumping in, afraid of missing out; when the market drops, I panic and cut losses, fearing bigger losses.

When caught up in the chase, risk is ignored; when panicking, composure is lost; and in the end, the market kicks you out hard. Honestly, no matter how fierce the market is, it has rhythm. What really knocks people down isn’t the market itself, but the greed and fear hidden in their hearts. If you can control the impulses to chase gains or cut losses, you’ve already surpassed most retail traders.

**The core logic is simple**

The first step to making money in crypto isn’t making money; it’s staying alive. The secret to survival is three words: respect leverage, stick to stop-loss, and control impulses. These principles sound simple, but only through real money can you truly understand them—if you can learn early and avoid losses, it’s worth the tuition.