Longevity Is More Important Than Quick Gains: The Journey to Escape the Leverage Trap in Crypto

Five years ago, I was caught in the whirlwind of chasing “hundredfold coins,” addicted to the thrill of high leverage. The result was a series of long slides, until my account was down to only 3,000 USDT. That night, staring silently at the screen, I realized a very simple but painful truth: in this market, surviving long-term is more important than making quick money. The change started with a decisive decision: no more “catching falling knives.” I stopped guessing tops and bottoms, stopped dreaming of overnight riches, and focused on trading with the trend and risk management. That turning point helped me in the past 7 weeks to go from 3,000 USDT to 75,000 USDT – without burning out my account, without betting my life. Two Core Principles

  1. Follow the Trend, Don’t Predict the Market The biggest mistake in crypto is trying to predict. I used to immerse myself in indicators, listen to “gurus”’ predictions, and realize that’s a dead end. I shifted to following the current trend instead of guessing the future. Like surfing a wave: you don’t need to know where the wave comes from, just ride the ups and downs right in front of you. Specific approach: Buy in small portions around key support levelsSell in small portions around resistance levelsDon’t bet on long-term directions, only choose high-probability moves for each wave Result: more stable profits, a lighter mindset.
  2. Absolute Risk Control: Prioritize Survival Crypto is as volatile as a roller coaster. Big opportunities come with big risks, so I set strict discipline: Never go all-in: each trade ≤ 10% of total capitalTake profits – cut losses clearly:Profit > 20% → gradually take profitLoss 5% → cut immediatelyNo greed: don’t try to sell the top, only “eat the fish’s body” General rule: in an uncertain market, reduce leverage and overall position size. Why Do Most Investors Lose? From observation, 90% of losses come from these mistakes:
  3. Desire to Get Rich Quickly Stories of “life-changing” gains make many lose the ability to think independently. The truth is, only a minority make sustainable money.
  4. Overusing Leverage Leverage amplifies both gains and losses. Using high leverage in uncertain conditions is self-destructive. Low leverage shows respect for risk.
  5. Trading Too Much The 24/7 market exhausts many. Frequent trading in a noisy environment easily leads to consecutive mistakes.
  6. Buying at the Top – Selling at the Bottom Seeing prices rise, rushing in; seeing prices fall, panicking. These “dumping” moves often eliminate impatient investors from the market. Practical Wave Trading Techniques
  7. Wait for Opportunities at the End of Waves The two strategies I use most: Breakouts when conditions are clearShort positions during overly euphoric market sentiment and when prices break below moving averages Big lesson: opportunities are something to wait for, not create yourself.
  8. Tiered Capital Management Allocate funds: 30% for main waves30% as reserve40% keep in stablecoins for yield In unpredictable waves, only use 1/10 – 1/5 of the maximum allowed leverage.
  9. Leverage Decentralized Platforms Part of assets transferred to DEX: Self-manage assetsLow transaction costsMany pairs with nearly zero fees This helps reduce systemic risk and optimize long-term costs. The Power of Compound Interest: Real “Magic” Many criticize small profits, but stable compound interest is the strongest weapon. Suppose +20% weekly: Week 1: 3,000 → 3,600Week 4: ~7,400Week 7: >75,000 This is the path I took: 20%/week sounds normal, but after 7 weeks, it’s 25x. That’s the power of discipline and compound interest. Sincere Advice for Beginners Only use idle funds Financial pressure leads to bad decisions. Excessive capital compared to your capacity to withstand losses will break discipline.Have a learning mindset before investing Understanding blockchain fundamentals helps you evaluate value and avoid chasing trends.Choose a decent community A good group helps avoid traps, but don’t blindly trust predictions. The person responsible for your money is only you. Crypto is volatile, but human nature remains unchanged. Control greed and fear, keep your mind clear and patient, and you’ll see: making money isn’t hard, but sustainable wealth is. When risk awareness becomes a habit, you can benefit from new technology while protecting your “wallet.” Learning is the highest-yield investment.
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