Last year, a fan found me with 1500U in his pocket. Without saying much, he directly said: "Sister Ke, I want to learn something real."
At that time, I thought he just wanted to join the cryptocurrency circle for fun, but three months later, this guy turned 1500U into 80,000U, and he hadn't experienced a single liquidation.
Don't talk about talent and luck; the reason he could achieve this is simply because he listened.
Listen to the three life-saving principles I learned from my losses back then.
The first principle, I looked at him and said: "With me, splitting your funds isn't a suggestion; it's a lifeline."
You don't know how many newcomers come in and just go all-in. When the market rises, they are so excited they can't sleep; when the market falls, they stare at the K-line and doubt life, completely led by the market.
I split his initial 1500U into three parts:
500U for day trading, one trade a day; if the situation isn't right, better not trade.
500U for swing trading; if the trend hasn't formed, absolutely don't move.
500U as the base capital; even if the sky falls, don't touch it.
Because of this principle, he came out unscathed during that big drop.
The second principle, I told him: "Don't think about eating the whole fish; eating the fish body is enough to fill you up."
Most of the time in the cryptocurrency market, it moves sideways. If you keep staring at it every day, you won't be able to resist placing orders; the fees and false volatility will be enough to kill you several times.
I taught him: If there's no market, act like you don't see it; wait for the market to come before taking action.
If a trade exceeds 20% profit, immediately take some profit out; never bet against the market's mood.
Last week during the ZEC wave, he firmly caught the "fish body" and made a clean 30% profit, just like in a textbook.
The third principle, I told him to directly throw away his emotions: "You're not here to fall in love; you're here to make money. Treat yourself like a robot."
If you lose 2%, cut it immediately.
If you gain 4%, you must reduce your position.
He struggled with these rules at that time, but looking back now, each one was a lifeline that saved him.
Yesterday he told me: "Sister Ke, now when I watch the market, my heart rate is stable; cutting losses doesn’t hurt, and holding steady doesn’t make me anxious; I just do what I need to do."
This market is the most cruel yet the most fair: it's not the smartest who win, but those who follow the rules survive.
If you're still being led by emotions, itching to trade at every fluctuation, always wanting to get rich overnight, then sooner or later the market will wake you up: it's just a matter of time.
If you're feeling lost and rushing around chaotically, don't force it.
When you're ready, come find Sister Ke!
