#大户持仓变化 After dropping from 3 million to 600,000, I finally understood three "lifesaving rules":

Leverage is like a blade, altcoins are like fireworks, and stop-loss is the bottom line.

Returning to the winter of 2018, when my 300,000 account grew to 3 million, I truly thought financial freedom was just around the corner. But a series of three consecutive down days, just three trading days, shattered that dream—leaving only 600,000. At that moment, I realized how toxic the myth of "holding on a little longer to break even" really is.

① Leverage is a knife, playing with it is risking your life

Back then, a 20x ETH long position earned me 400,000 in one day, and that rush was addictive. On May 19th, within two hours, I was liquidated, losing 600,000. My heartbeat was more volatile than the candlestick charts.

Since then, I set a rule: keep leverage locked within 3x, and no single coin position exceeding 5% of the account. Playing with a knife’s edge is better left to movie actors.

② Altcoins = fireworks show, watch and disperse

There was a project called "Domestic Ethereum," which grew from 250,000 to 1.5 million. I was reluctant to take profits, and in the end, watched it go to zero.

Now, my wallet structure has changed: 85% is only BTC and ETH, the core holdings, and the remaining 15% is for lottery-like speculation. Those small coins? They shine brightly for two seconds before fading away—don’t treat them as family heirlooms.

③ Stop-loss = underwear, put it on at 8%

Every trade has a strict stop-loss, and I cut when it hits, leaving no room for stories.

The real question is: if your account is wiped out completely, can you still calmly go for hotpot? If not, then just wear this bottom line and stick to it.

Five years have passed, and the curve of gains and losses has never plunged vertically again, but it has also never stopped growing steadily. The traders who truly survive are the winners.

Most people are stuck in a cycle of losses, not because they lack effort, but because they need a guiding light.