#美联储恢复降息进程 Recently, while chatting with a few old friends, I discovered a common point: there are various ways to lose money, but they essentially boil down to a few key points — chasing the price and getting trapped, holding on until it blows up, and having risk control that is virtually non-existent.

A guy tripled his money last year by luck, but this year he lost it all and even went into the red. He summed it up himself: "When making money, you feel like a genius; when losing money, you realize it’s just the market giving you face." This sounds painful, but it is indeed the true reflection of many people. In the world of digital assets, there are stories of getting rich every day, and news of liquidation is never absent.

In the past two years, I have come to increasingly agree with a principle: those who are eager to make money often end up losing it first. The ones who can truly survive are those who have risk management ingrained in their bones. Don't always think about catching every market wave; market opportunities are always there, but once your principal is gone, you're completely out.

How to do it specifically? Here are a few principles for reference:

First, position management should not be vague. The proportion of a single asset should not exceed 20% of the total capital; this is the bottom line. Diversification is not to earn more, but to avoid severe losses when a certain cryptocurrency crashes.

Second, stop-loss and take-profit must be set. Many people think that setting a stop-loss is a sign of weakness, but on the contrary—it's a way to protect your qualification to keep playing. Leave when the profit target is reached, don't think about the next segment; greed is the number one killer of shrinking accounts.

Third, use quantitative tools. Human emotions are unreliable, especially during periods of extreme market volatility. Let strategies execute for you to reduce errors caused by subjective judgment.

To be honest, there is no secret in the market that guarantees profit without loss. However, if you can slow down the pace, plan with a compound interest mindset, and operate under disciplinary constraints, you can at least avoid most obvious pitfalls. I will gradually share some risk control techniques and stable layout ideas from practical experience, hoping to help friends who are still exploring.

Volatility is the norm; preserving the principal is more important than anything else.