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#Strategy加仓BTC The Six Iron Laws That Newcomers to Contracts Are Most Likely to Fall Into, Earned Through Blood and Tears by Veteran Traders
To traders who have repeatedly lost money on highly volatile assets like $BTC, $ETH, and $SOL, I want to share some heartfelt advice. Maybe it can help you find direction amid the chaotic market:
**First: Protect Your Bottom Line**
You can't imagine how fast the market can turn. Taking profits isn't greed; cutting losses is your life-saving charm. Remember an iron rule—if your principal is gone, you're truly out. Leave enough room for volatility in every trade, and don't let sudden swings break your defenses.
**Second: Frequent Trading Is Just Giving Away Money**
Fees silently eat into your profits. Under high leverage, each position opening incurs costs. Instead of chasing the number of trades, focus on improving the quality of each one. Doing less is much harder than doing more.
**Third: Holding Cash Is Also a Skill**
If you don't understand the market, don't force a trade. Waiting in cash is more reliable than forcing a position. Market opportunities are never scarce; true discipline is daring to do nothing.
**Fourth: Compound Interest Is the Real Secret to Wealth**
Don't daydream—stories of doubling your money overnight are lies. Low leverage and small positions are the foundation of long-term profitability. Gradual accumulation beats rushing for quick gains.
**Fifth: High Leverage Is Like Dancing on the Edge of a Cliff**
A single reverse move can wipe out your account instantly. Always leave yourself an escape route—this isn't being conservative; it's a prerequisite for survival.
**Sixth: Execution Is a Hundred Times More Important Than Knowledge**
Understanding principles and actually applying them are worlds apart. Even the most experienced traders are battling human nature.
I once made the mistake of blindly chasing trades and riding the waves, but gradually I realized: the most valuable thing in crypto is not getting rich overnight, but surviving long enough. Those who persist ultimately win.
I hope these experiences help you navigate bull and bear cycles and sail steadily forward.