There is a phenomenon I have observed for many years— the most common cause of crashes in the crypto world is never technical novices, but those who manage their money in a chaotic manner.

I know a guy who started with 600 yuan and managed to grow it to 38,000 yuan. But don’t get excited just by this number. He also experienced consecutive big losses in the early stages and even doubted his life. How did he turn things around? There’s no secret trick; the key is—he learned to manage his money separately.

Many people’s first reaction when entering the market is to ALL-IN. Feeling good when making money, but collapsing emotionally when losing. How long can such a trading career last? The market is like a madman, and you must treat it like a calm accountant.

My approach is to split the funds into three parts, each 200 yuan (as an example), and follow three different paths, independent of each other.

**First part: Short-term quick trades**

This is used for intraday or weekly high-frequency trading. At most two trades per day, never greedy. Set stop-loss levels in advance; once reached, exit immediately, no questions asked. The rule of short-term trading is win rate, not how much money you make on a single trade. Many people’s problem is that after making a profit, they want to make more, resulting in giving back all previous gains.

My actual practice is: once profits exceed 10%, I move the stop-loss from the entry price to the cost line (so at worst, break even and exit), then take half of the profit off the table, leaving the rest to run. This way, I ensure profits while leaving room for the market.

**Second part: Trend-following position**

This money is dedicated to catching the middle part of the fish, not betting on the head or tail. The timeframe for operation is weekly or above; if the trend is not clear enough, I stay on the sidelines. The crypto market is not short of opportunities, what’s truly lacking is patience for waiting.

For example, when Bitcoin breaks through a previous high and the moving averages form a bullish alignment, then I follow in. Once there are signals of volume expansion and stagnation, I reduce my position immediately. Those who boast about "perfect bottom fishing"