Survival Guide in Crypto: From "Newbie" to Sustainable Trading with Rhythmical Thinking

Many newcomers ask me: “Nam, are those who double their crypto accounts all just lucky? Why do I keep chasing and selling off, only to get caught in a trap?” The truth is: making money in crypto is not about guessing correctly once, but about building your own trading rhythm. I’ve seen too many people “get rich overnight” and then “lose everything overnight.” In the end, those who last the longest are the ones who go slow but steady. I. I Used To Be a “Young Carrot” In 2018, I entered the market with the dream of financial freedom within a few months. I chased stories of “coins multiplying hundreds or thousands of times,” followed the crowd, and tried leverage contracts. The result? In less than three months, my account soared over 60%. There were nights at 3 a.m. still glued to the chart, hair turning gray, and the balance turning red. That’s when I realized: money earned by luck can be lost by skill. Crypto doesn’t favor the impatient; the more you rush, the easier you become a target for “liquidation.” II. Enlightenment: Market Rhythm Is a Shield After that painful lesson, I calmly studied and realized that the market moves according to repeating patterns: Familiar manipulation cycles: before pushing the price, there’s usually a phase of suppression to create fear, gather enough orders, then push and distribute — very similar to the “accumulation – markup – distribution” cycle. Emotional cycles are even more important than indicators: greed in a bull market and panic in a bear market are the true drivers of price. I set three ironclad rules: Only eat the body of the fish, not the tail Don’t catch the bottom, don’t guess the top. Only enter trades when the trend is confirmed (for example: breaking a significant resistance). Drop the illusion of “catching falling knives.” Capital management is paramount Max 20% of total capital per trade. Take 50% profit when in profit. Even if wrong, your capital won’t be broken. Automate stop-loss and take-profit Set a hard stop-loss (for example -10%). Gradually take profits when targets are hit. Don’t entertain the dream of “getting a little more.” III. Practical Experience: From 2,800U to 50,000U with Slow Logic It sounds simple but is psychologically counterintuitive. In 2023, when Bitcoin hovered around $25,000, the market was pessimistic. I bought in parts. When it recovered to $30,000, I gradually took profits. Didn’t catch the full wave, but consistently +30%. When guiding newcomers, I emphasize: Only trade top coins (Bitcoin, Ethereum). Avoid high-risk altcoins and leveraged contracts. Only use idle funds — losses won’t affect your life. Spend no more than 1 hour daily analyzing charts to reduce emotional noise. One student started with 600U, only trading Bitcoin swings, and after three months, reached 7,000U. The secret is summarized in one sentence: when it dips, dare to buy; when it rises, dare to sell — no greed, no fear. IV. The Survival Line in Crypto Don’t believe in “getting rich overnight” Pump-and-dump schemes and project scams still happen every day. Be cautious with high leverage 10x leverage only needs a 10% move against you to wipe out your account. That’s gambling, not investing. Long-term survival is more important than short-term gains Opportunities always exist. Losing your capital means leaving the game. V. Conclusion Crypto is like a marathon. Some sprint ahead and give up, others keep the pace and finish. The winners are usually those who understand the rhythm and can endure longer. If you’re off track, slow down: Learn the fundamentals (blockchain, secure your wallet). Experiment with small capital to accumulate experience. Avoid “mentor-led trades,” make your own decisions. My perspective: The market is not short of opportunities, only short of patience. Don’t chase short-term wins — be persistent for the long haul. Learning is your greatest asset.