At 37 years old, I achieved financial freedom in Shenzhen. I own three properties that are both my residence and rental income sources, so I don’t have to look at anyone’s face. I wake up naturally every day, go hiking whenever I want—these days sound like a dream, but I really built it up through the crypto market.

Over seven years, I haven’t relied on any big shots’ support, nor followed those flashy, hyped-up projects. I’ve never engaged in short-term trading either. Why am I still here today? It’s because I stick to a simple, stubborn approach: "No greed, no impatience, no blind following," and I’ve grown my principal close to a hundred times, watching countless people around me get shaken out for chasing highs and selling lows.

The dream of getting rich quick in crypto is the most dangerous. People keep rushing in, either getting wiped out by pump signals or losing everything in full positions when the market crashes—there’s no chance to react. The problem is, those losing money always think they’re just unlucky. In reality, there’s no secret mystical formula in crypto; those who survive the longest are the honest folks who stick to their bottom line. Today, I want to share the lessons I’ve learned over the years—each one is a hard-earned lesson, far more useful than those dazzling technical indicators.

**5 Iron Rules for Surviving in Crypto, Beginners Can Copy Directly**

**1. Slow and steady rises with small pullbacks are healthy markets; rapid surges and drops always hide traps**

Many beginners misunderstand—thinking "slow growth means no market," so they chase projects that surge over 20% in a short time, only to get stuck at the bottom after buying in. My experience is quite the opposite: if a coin can steadily climb, with each correction within 10%, it indicates a genuine trend and continuous capital support; but if it surges wildly and then crashes quickly, it’s likely the main players are quickly harvesting. In such cases, staying calm is best—watching is 100 times smarter than jumping in.

**2. The louder the hype from callers, the deeper the trap in that direction**

Whenever I see a community or influencer shouting wildly about a certain coin, my first reaction is to lower expectations. Why? Because hype itself is a signal of a trap—someone needs to find a bagholder before they take profits. I never jump in at the peak of public enthusiasm; instead, I prefer to quietly observe when everyone is questioning, and only make decisions after the emotions settle.

**3. How you got your coins doesn’t matter—manage risk strictly based on your initial capital**

This is the simplest but hardest rule—no matter how much you invested initially, you must firmly control your risk proportionally. Don’t greedily add positions just because a coin doubles; don’t panic buy when it drops 10%. Strict position management helps you survive 99% of black swan events.

**4. If you don’t understand a project, better to miss out than to force a buy**

Crypto info is exploding—new coins, new concepts, new narratives every day. My principle is: only consider projects that can be explained in one sentence; if you can’t, don’t touch them. Those so-called "innovations" that need ten minutes of explanation usually become outdated within five minutes.

**5. Stop-loss is never a waste; it’s life-saving insurance**

The biggest mistake beginners make is being reluctant to cut losses, always thinking a rebound is just around the corner. As a result, they never get that rebound and end up completely out. My approach is to set a stop-loss when I build a position—if it falls to that price, I cut without hesitation, regardless of how tangled my emotions are. It may seem like admitting defeat, but it’s actually preparing for the next win.

Honestly, surviving in crypto isn’t about any secret trick—it's about being a little more calm and a little less greedy than others. Listening to stories of daily riches is fine, but those who last long are the real winners.