Discipline is the key to longevity.

The junior who was struggling to find a job at the beginning of the year recently bought a new car with full payment. The turning point happened three months ago — a conversation about financial planning. Starting with 10,000 yuan and now achieving these results, he demonstrated a simple truth: in the crypto market, surviving is far more important than getting rich quickly.

Having been in this market for years, I’ve seen many people come in full of dreams and leave in disgrace. The junior’s ability to stand out is not luck, but strong execution. Sharing these experiences today may help you avoid a few pitfalls.

**Leverage is always a double-edged sword**

When I first entered the market, I treated leverage as a speed booster. Once, I used 20x leverage to go long, and my unrealized profit once exceeded 500,000 yuan. That rush felt like standing on the clouds overlooking the world. But what happened? Policy changes, and everything evaporated within two hours.

At that moment, I truly understood: in this market, survival is the top priority; everything else is secondary.

Now I set a rule for myself — leverage should not exceed 3x, and the position limit for a single asset is 5%. Sounds conservative? It’s a lesson learned with real money. The junior initially thought this rule was too cautious, until in April’s market adjustment, all his friends using 10x leverage got liquidated, while he only suffered shallow losses and kept most of his principal.

Leverage itself is not wrong; the mistake is an uncontrolled mindset driven by greed.

**Don’t bet all your chips on concept coins**

In my early days, I was also dazzled by stories of “hundredfold coins.” I once invested a lot in a small coin claiming to “revolutionize the industry,” but… there was no follow-up.

Later, I realized that the ballast stone is the soul of the portfolio. Bitcoin, Ethereum, these top assets, although less exciting, are stable. Emerging projects are fine, but their proportion must be controlled; otherwise, the entire position is like a nail on a powder keg.

The junior’s allocation strategy is very clear: 70% in mainstream assets, 20% exploring opportunities, and 10% for experimental operations. As a result, in these three months, he didn’t miss out on gains nor collapse during crashes.

This is the power of discipline.