The reason why Perptual Futures attracted me at first was the same as most people - I heard that you could risk a little to gain a lot.

So what was the result? In the first month, I got liquidated three times and lost half a year’s salary. That was when I realized that the market is not short of opportunities; what it lacks are people who can seize the opportunities and still be alive. Later, I forced myself to set a few strict rules. Although it didn’t make me financially free, at least my account is still growing.

**Article 1: Never shoot all your bullets at once**

I have seen too many people rush to invest their entire holdings into a certain cryptocurrency just because it has surged by 10%. When the price goes up, they feel like geniuses, but a 5% drop can kick them out the door. My habit is—regardless of how optimistic I am, I never allocate more than 30% of my total funds to a single position. If I'm wrong, I can still recover; if I'm right, I can increase my position. I divide my funds into three parts, reserving at least two opportunities to start over. The size of your position is not a proof of courage, but a ticket for how long you have been in this market.

**Article 2: Go with the trend, don't grapple with your own obsessions**

Many people are born to like "bottom fishing"—when the price of a coin drops by 30%, they think, "It can't drop any further now," and then they go all in, only to see it drop another 30%. What do truly stable and profitable people do? When the trend is upward, a pullback is the entry point; if the trend hasn't broken, just hold on with your eyes closed. You don't need to predict where the top or bottom is, just confirm if the direction is correct. The market has inertia, and the probability of continuation is always greater than that of reversal—this is a fact I realized only after losing tens of thousands.

**Article 3: Stop-loss and take-profit are not suggestions, they are lifelines**

Anyone can close a profitable trade, but can you decisively cut a losing trade? I set three hard indicators for myself:
- A single transaction can lose up to 5%, must exit at the trigger line, do not harbor illusions.
- The profit target starts at least at 5%, don't be greedy but also don't work for nothing.
- Maintain a monthly win rate of over 50%, with wins and losses being roughly equal, but the profit-loss ratio should justify your efforts.

As long as these three points are adhered to, even if the direction is misjudged, it won't cause any significant damage. The account curve may be slow, but it will be upward.

**Article 4: Don't let yourself be too busy; being idle is also a skill.**

At the beginning, I stared at the market for 12 hours a day, making seven or eight trades a day, and trading hundreds of times a month. As a result, not only did I not make any money, but my mindset also collapsed. Later, I forced myself to make a maximum of 2 to 3 trades a day — entering the market with a plan and exiting with a rhythm. Not every fluctuation is worth participating in, and not every candlestick requires your reaction. The market is there every day, but your attention and judgment are limited.

These four points boil down to: don't gamble your life, follow the right direction, control the risks, and avoid unnecessary fuss. In the crypto market, being able to stabilize emotions, resist temptation, and survive until the next bull market — this itself is a rare ability. I don't know the secret to getting rich quickly, but I know that those who go bankrupt have all made the same mistakes.