[Confession of an old leek who has crossed bulls and bears:
A veteran who has been in the blockchain industry for 9 years and has completely experienced two rounds of epic bull and bear conversions in 2017 and 2021. After witnessing countless myths and tragedies of getting rich, what I want to say to you most is not "how to make money", but "how to survive".
Like most people, he lost 83% of his principal due to 50 times leverage liquidation in the cold winter of 2018; I have also experienced the darkest moment of the single-day halving of mainstream currencies in the 312 black swan event. These lessons in exchange for real money have allowed me to refine three iron laws:
1️⃣ Principal safety > short-term profiteering
2️⃣ Leverage≤20x (recommended range 5-10x)
3️⃣ Position management > market prediction
In a market where 97% of futures traders end up losing money, I always believe that slow is fast, and stability is the only way to win.
