In 2013, when I entered the crypto world with 50,000 yuan of hard-earned money, I never dreamed that I would be involved in this market for over ten years. From the疯狂bull market in 2017, to the despair at 312 in 2020, and now with assets surpassing eight figures, every turning point is etched in my mind.

The lessons learned from failures over the years could fill a book if listed one by one. But ultimately, I rely not on any profound theory, but on a few seemingly ordinary ironclad rules.

**Rule 1: Always leave a way out for yourself**

In early 2017, I made a fatal mistake—put all my funds into a scam project, which the project team then ran away with. My account instantly shrank by 60%. At that moment, I realized that surviving in the crypto space is a thousand times more important than getting rich overnight.

Since then, I changed my approach: divide all my funds into five parts, using only one part for each trade. Even if a trade loses 80%, I still have four parts left, enough to make a comeback. During the Bitcoin dip from $60,000 to $40,000 last year, I used the first part of my funds to buy the dip. Short-term, I was caught in a trap, but my mindset was completely different—because I knew I still had chips waiting for better opportunities.

Opportunities in the crypto space are never lacking; what’s truly scarce is the capital to survive until the next opportunity.

**Rule 2: Follow the trend, and you will survive; go against it, and you will die**

After the crash on 3/12, I saw too many people make the same mistake. During the decline, there was a 30% rebound, and they rushed in to buy the dip, only to be caught in a sideways decline halfway up the mountain. Those rebounds during a downtrend are just traps; the real golden pits appear during pullbacks in an uptrend.

Learning to distinguish trends is not difficult; the hard part is not being disturbed by human nature when executing.