# Six Years in Crypto: Ten Practical Tips

No stories, just solid advice.

1. **Principal is life.** Losing 50% requires 100% gains to recover. Protecting capital is ten thousand times more important than chasing profits.

2. **Staying in cash is a skill.** When you're unsure, just hold USDT and do nothing. People who can't stay in cash will never make money. $BTC

3. **Cut losses quickly.** Set your stop loss the moment you enter. By the time you want to exit, you won't have the nerve to do it.

4. **Don't hold losing positions.** Ten times holding through won't offset one liquidation. Holding is where losses begin, not where they end.

5. **Position size determines mindset.** If your position is too large, even good technique is useless. Every tiny move makes you panic, and panic leads to bad decisions.

6. **Don't obsess over small timeframes.** Watching 5-minute charts too much makes you go crazy. Only trade 4-hour and daily trends—half the noise. $ETH

7. **Don't fear missing out.** Missing out doesn't lose money; chasing highs does. The market always has opportunities, but once capital is gone, it's really gone.

8. **Don't trust news.** Every piece of good or bad news you see is there because someone wants you to see it. Real useful information reaches your ears too late.

9. **Review yourself.** Write down daily why you entered and why you exited. Check back a month later—it's all the same mistakes repeated.

10. **Surviving is what matters most.** Everyone in this market who's lasted long has made money. Those desperate to bounce back have mostly crashed. $BNB

That's it. If you can do three of these, you survive. If you can do five, you make money. I've never met anyone who can do all of them.

If you also feel like you've been on the wrong path and want to learn how to truly turn things around and stop taking detours, come find Shen. Shen will take you to the moon. #币圈生存法则