After years of navigating the crypto world, I've seen all kinds of traders. Some get completely wiped out after a single liquidation, while others make millions through a consistent methodology.

It wasn't until later that I realized—what truly changes your fate isn't luck. It's having a solid risk management system that can preserve your capital in extreme market conditions.

I was personally jolted awake by a near-total loss during a sharp crash.

Since then, I set a few strict rules for myself:

Only keep 100,000 USDT in the futures account; consider that money lost. Spot trading is the real main position—when the market is optimistic, I add up to 1 million; when the market is bad, I reduce to 300,000.

No reckless trading, no over-leverage, just protect the main position.

When the market is favorable, this approach can earn tens of millions in a year. But even if the futures account gets wiped out, the profits from spot trading can fill the gaps. Additionally, I set aside 20%-25% of each futures profit as a second layer of defense.

My advice for ordinary people—use one-tenth of your spot funds to experiment with futures.

Have 300,000 in your account? Use 30,000 to practice. If you get wiped out, use the profits from spot trading to start again. Repeat ten or twenty times, and you'll understand the temperament of futures. If after all that you still haven't learned, it's better to cut losses early rather than stubbornly hold on—this is the smartest choice.

In the end, those who survive in the crypto world aren't luck kings, but those who are best at avoiding risks.