Always keep an emergency fund, even if it’s just a few thousand yuan. When the market goes crazy, many people get carried away, using low leverage or even going all-in on shorts. The result? Wiped out in one move. During a bull market, everyone feels like a genius. You put in a few hundred bucks and walk away with thousands, thinking you’re the chosen one. Every trade makes money, you’re earning even while you sleep. People are flexing their profits on social media, sending red envelopes in group chats. But have you ever considered that the money you’re making might just be temporarily parked with you by the market? When the trend reverses, the waterfall hits, contracts get liquidated, and altcoins go to zero. Those dazzling numbers in your account can vanish in minutes. That’s when you truly understand what it means to lose everything overnight. So no matter what, always keep an emergency fund. This is for everyone hustling in the crypto space: you need to have at least a few thousand yuan in cash, untouched. And this money? It’s sacred. It’s never to be used for trading, averaging down, or showing off how rich or successful you are. This money is your last line of defense in this ruthless market. With it, you can survive three months without income and not starve. Even if you get liquidated or hit zero, you won’t have to resort to payday loans or begging for money. No matter how bad the market gets, you’ll have the mental stability to wait for the next cycle. Even if life knocks you down, you’ll have the chance to get back up. In crypto, the scariest thing isn’t losing money. It’s making a little money and getting cocky, thinking you’re invincible. Then you go all-in, lose not just your profits but also your principal and living expenses. No matter how successful you are right now, always keep liquid funds on hand. This money is your last shred of dignity and your safety net. Don’t wait until you desperately need money to save yourself, only to regret not setting some aside earlier!