#数字货币市场洞察 There's a guy in Fujian who watched his 6,000 yuan savings go to zero at 3 a.m. How did he lose it? He went all-in with 5,800 yuan, didn’t even bother to set a stop-loss, and that’s how his account ended.

A lot of people think leverage is a trap, but honestly, the real killer is not knowing how to control your position size. Take 800 yuan as an example: if you use 750 yuan with 5x leverage, just a 6% move against you will wipe you out. But what if you only put in 75 yuan? With the same 5x leverage, it would have to drop 86.7% before your principal is at risk. See the difference? With the same leverage, your position size directly determines how much volatility you can withstand. That guy bet 96.7% of his money, and with 5x leverage, just a 3% fluctuation took him out.

These survival tips are lessons paid for with other people’s money:

First, never put more than 7% of your total funds in a single trade. With a 6,000 yuan account, that means a max of 420 yuan per trade—even if you lose, it won’t hurt you badly.

Second, cap your loss per trade at 1.1%. If you open a 420 yuan trade with 5x leverage, set a 1% stop-loss. If you lose just over 8 yuan, get out. Using stop-losses isn’t cowardly—it’s survival.

Third, if you don’t understand the market, don’t trade. Stay put during sideways markets; wait until there’s a real breakout on the daily chart with strong volume before entering. There’s no rush.

I have a friend in Shenzhen who used to blow up his account every month, but after following these rules, he turned 3,200 into 55,000 in four months. He said: “I used to think going all-in was betting on opportunity. Now I understand—only by surviving can you actually make money.”

The crypto world is never short on overnight riches stories, but the majority end up at zero. The ones who make money long-term aren’t the boldest, but those who know best how to leave themselves a way out.