Having traded for ten years, I've seen too many stories of overnight riches, and I've also witnessed even more people returning to square one in a single day.

Last week, I met a novice trader from Yangzhou, and we talked for nearly an hour. My advice to him was simple: divide 1200U into ten parts, invest 120U each time, always set a stop-loss, and keep leverage within 20x. Six days later, his account grew to 3000U.

I immediately told him to withdraw his principal. This is something countless losses have taught me—only when profits remain in the account can you avoid being hijacked by greed.

After ten years of ups and downs, I’ve condensed my experience into six words: Position Sizing, Discipline, Restraint.

Position sizing gives you the right to survive. Ten chances to try and fail are much better than risking everything at once.

Discipline keeps the profits you earn. Too many go from winners to losers simply because they chase that last bit.

Restraint keeps you away from liquidation traps. 100x leverage sounds exciting, but it’s actually a direct path to liquidation.

Honestly, for ordinary people, 10,000U principal is enough.

Use the bulk for spot accumulation, and try trading contracts with small amounts to get a feel. Earning two or three thousand U per month steadily, and sticking with it for three months, can recover your initial investment. Then, take out the principal and use the profits to venture out—that’s true composure.

Don’t be fooled by those bragging posts in the trading groups. People only show their peak moments; their embarrassing parts are hidden in the late night. What you see as "success" is mostly just the one-sided performance of those who survived.

In this industry, lasting longer is a thousand times more valuable than making quick money.

After talking with many experienced traders, the conclusion is surprisingly consistent: compound interest is the only king, and going all-in is gambling with your life.

With a 10,000U principal, earning 100U daily, you can make 30,000 RMB in a month—more than many people's monthly salary. The method isn’t complicated, and opportunities often appear. The hard part is actually executing, and fighting against human nature.

After ten years of ups and downs in the crypto sea, my deepest realization is that "the bystander is confused."

If you understand this logic, it means there’s still hope. In the crypto world, corpses are everywhere; I only reach out to those who actively extend their hand.

I used to stumble blindly in the darkness, but now the light is with me.

The light is on—are you coming or not?