The phrase "Fortune favors the bold" is the biggest scam in the crypto world! I've seen too many people holding onto the mindset of "going all in to change their fate," only to end up losing everything. From losing all my savings to earning 20,000 a month, I relied on one principle: never go all in, always leave a way out.
For ordinary people to succeed in the crypto world, the most taboo mindset is the "gambler's mentality." Always thinking about making big money from a single heavy investment, but forgetting the cruelty of the market, 9 out of 10 all-ins result in losses, and one liquidation sends you back to square one. Real long-term profit comes from countless small gains accumulated over time; stability is the fastest shortcut.
I share my 'three essentials for stable trading'; beginners can follow them to avoid pitfalls. First, capital split management. Divide the total capital into three parts: 60% for long-term investments, 20% for swing trading, and 20% reserved for emergency funds. Regular investment ensures long-term returns, swing trading profits from short-term price differences, and emergency funds handle unexpected situations, so no matter how the market changes, we won't panic.
Second, use 'low leverage + high stop-loss' instead of high leverage. Many people think that higher leverage means more profit, but forget that leverage is a double-edged sword, magnifying profits while also amplifying risks. I now only use 1.5-2 times leverage, paired with a 1.5%-2% stop-loss, controlling single trade risk exposure to within 4%, which allows me to earn leveraged returns while avoiding liquidation risk.
Third, only engage in trends that I understand. I resolutely avoid trends I don't comprehend and never purchase projects I haven't researched. I am currently focusing on mainstream assets and sectors with practical applications, using the 50-day and 200-day moving averages to judge trends, going long online and short offline, simple and effective. Last year, relying on this method, I made 12 trades, profiting from 9, with a win rate of 75%.
Here's another tip to avoid pitfalls: stay away from new coins without actual products. 90% of new coins are just scams, with only a white paper and no actual projects; they rise quickly and fall even faster. In 2023, I followed the trend and bought a new coin that tripled but I didn't sell, and in the end, it dropped 90%. The harsh lesson teaches us: coins without products, no matter how popular, should not be touched.
In the cryptocurrency world, success is never based on luck, but on stable strategies and strict discipline. I have organized my capital management table and trend judgment tools; follow me to receive them for free. The next article will discuss 'how to arbitrage with low risk and earn an extra 5000 each month'; follow me, and let's become stable winners in the cryptocurrency world and slowly get rich!
