Having navigated this market for many years, I gradually realized a harsh truth: most people lose money not because they lack technical knowledge, but because of one word—"greed." Market analysis is fine, position sizing is reasonable, but the reasons for a crash often come down to just a few: making more money by waiting for a bigger trend, being reluctant to cut losses when losing, or hoping for a miracle turnaround.

I’ve walked this crooked path myself—accounts repeatedly blowing up, rebuilding positions, then blowing up again, trapped in a cursed cycle. Later, I harshly set five bottom-line rules that I must never touch, initially to save myself, but unexpectedly, they truly saved me.

**Rule 1: Never go all-in**
Even in the most promising markets, restraint is necessary. Your position should never exceed 20% of your total funds; always keep some ammunition in reserve. Going all-in means placing all chips on one market direction, leaving no room to maneuver if the market moves against you. Keeping some reserve allows you to calmly handle any extreme market conditions.

**Rule 2: Admit losses when they happen, don’t add to your position**
This is the hardest to follow because humans have an innate psychology of "buying more when prices fall." But adding to losing positions is never a solution; it’s emotional revenge trading, often making things worse and doubling losses. Instead of fighting the market, calmly admit mistakes and cut losses.

**Rule 3: Don’t chase the pump**
There are thousands of coins—don’t develop a "romantic attachment" to any single one. When a coin is rising, it’s often already overextended; rushing in at this point is usually chasing highs and standing on the sidelines. The pain of being trapped is far worse than the regret of missing a wave.

**Rule 4: Limit your daily monitoring to 1 hour**
When emotions are triggered, all technical analysis becomes useless. Staring at candlesticks for long periods shifts your focus from the market to your feelings of gains and losses. Shortening your monitoring time helps maintain distance, allowing rational judgment to return.

**Rule 5: Close your position before sleep**
The market doesn’t care about your sleep schedule. Late-night spikes or sudden negative news can wipe out your account while you sleep. Locking in profits before bed is far more sustainable than holding positions through the night’s volatility.

After following these five rules, something miraculous happened: the principal remained unchanged, but drawdowns shrank month by month. Gradually, frequent losses turned into steady growth. At that moment, I truly understood—real experts aren’t those who make the most money, but those who make the fewest mistakes.

Many people are still in the "itchy hands, can't resist" phase, eager to learn advanced strategies or complex indicators. But you know what? Those are secondary. First, master self-discipline; everything else will follow naturally. The core of crypto competition is a battle of human nature—who can control their desires wins.

The strongest trading weapon has never been high leverage or complex technical indicators, but the innate restraint within. Maintaining this restraint allows you to surpass 90% of retail traders. Every cycle fluctuates; as long as you can preserve your principal, you’ve already won against most people.