A novice once came to me with only 1800U in his pocket, and at that time he was eager to learn some real skills. I didn’t pay much attention, thinking he was just here to join the fun. Three months later, this guy grew his account to 80,000U, with not a single liquidation record in between.

Many say it’s luck, but I know in my heart—he’s not a genius, just very obedient.

Today I want to talk about three rules, which are life-saving principles summarized from a million-dollar tuition. If you can execute them properly, you’re more likely to survive longer in this market.

**First Key Point: Position Management is Not Advice, It’s a Lifeline**

The most common mistake beginners make is going all-in right from the start. When their account grows, they get so excited they can’t sleep; when it drops, they curse at the charts, completely led by the market.

The first thing I told that novice was: "You must split this 1800U into three parts."

The first part, 600U, is for day trading: make only one trade per day, clear the position if it feels wrong, rather than risking missing out or making mistakes. The second part, 600U, is for swing trading: don’t move unless there’s a clear trend; it’s not about technical skills but patience. The third part, 600U, is kept untouched: this is the core holding, never touch it under any circumstances. This money is your last chance to turn things around.

Thanks to this discipline, he survived the brutal crash in May. Many people were badly trapped at that time, but he used his core holding to buy cheap chips.

**Second Key Point: Don’t Be Greedy and Eat the Whole Fish; Just Take the Middle Part**

Cryptocurrency markets spend about 70% of the time in consolidation. If you stare at the K-line every day out of boredom, transaction fees and fake breakouts will drive you crazy.

I told him: "You’re not here to be a professional trader; you’re here to make money." These two roles are very different.

When the market is unclear, just don’t look at it. Watching short videos yields better results than reckless trading. When real opportunities appear—when the trend emerges, patterns form, and capital starts stacking—then it’s your stage. Catching one or two good trades is much more profitable than chasing every move all day.

**Third Key Point: Stop-Loss Is Not Giving Up, It’s Preparing for the Next Round**

This is the hardest to understand and the easiest for beginners to overlook. Many set stop-losses but are reluctant to execute them, turning small losses into big ones, and small mistakes into fatal errors.

The reason he never got liquidated is because he strictly followed risk control. Before entering each trade, he carefully planned the stop-loss level; when losses reached that point, he exited, preventing the market from hurting him further. It may sound like conceding defeat, but in reality, it’s about staying alive.