#加密生态动态追踪 3 a.m., I was staring at the market all night again.

That feeling is hard to describe — fingers hovering over the trading button but never pressing down. The candlesticks flicker before my eyes, and the little devil in my mind screams: "If you don’t get in now, it’s gone!"

$PIPPIN, $AIA, $ETH… opportunities are never lacking in the market.

But I once was killed by the words "opportunity" itself.

I still remember that liquidation. My account plummeted from hundreds of thousands to just a few thousand, as if I had fallen from the sky. It wasn’t just about money; it was my entire confidence collapsing in an instant. Lying in bed, I finally understood — a liquidation doesn’t only happen when the account hits zero, but the moment you chase the hot trend recklessly and place bets without regard for consequences, your psychological defenses have already broken.

And then? Later, I sat alone in the dark, repeatedly asking myself the same question: Why do I play like this?

The answer slowly surfaced through the pain. I realized that those who make money don’t rely on some "divine indicator" or "insider information." They rely on a few rules that have been hardened by repeated losses.

**Rule 1: Don’t chase hot trends, trade at your own price**

I kicked the habit of "fear of missing out." This addiction is toxic, keeping you in constant anxiety. The market is always changing — new hotspots, new coins, new stories. But your principal won’t come back a second time.

My approach is simple — preset a range. Only act when the price hits that level; outside of it, no matter how itchy, I don’t touch. When others rush in, I wait; when others chase, I watch. The essence of trading is ambush, not impulsiveness.

**Rule 2: First, calculate how much you can lose**

Many people make the mistake of opening a position first. They think: "How much can I make from this trade?" Then they leverage 100x or go all-in.

My current method is the opposite: before opening a position, I ask myself, "How much can I lose?" At what point do I have to cut? If the answer is "I don’t know" or "I won’t lose anyway," I don’t trade at all.

Your capital is your fighting power. Once lost, you have no right to turn the tide.

**Rule 3: Profit layering, never hold a full position and fight**

When making money, I split my position into two parts: the main position to ride the big trend, and a smaller one to take profits in key areas. When the market is strong, I hold; when it weakens, I step back.

The benefit of this approach is that I can enjoy the profits of the trend without being wiped out by a reversal. Some say this is greed, but I see it as the art of living longer. Only by surviving can you have the right to make money.

**Rule 4: Don’t trade without a signal**

Mood doesn’t matter, excitement doesn’t matter. The only thing that matters is: Have your signals arrived?

When they do, act; when they don’t, wait. From that moment on, I am no longer a retail trader led by the market but a trader with an execution plan.

—

Living by these simple yet cold-blooded rules for over two years, change has quietly happened.

The frequency of losses has decreased, and profits have become stable — from scattered profits of tens or hundreds of USD to monthly earnings in the four or five figures. More importantly, I no longer panic at 3 a.m. because I carry a light in my heart, and every decision is illuminated by that light.

The night is still the same night, and the market is still crazy. But I am no longer afraid.

That light, I have already ignited.