Many people rush into the cryptocurrency world with a few thousand U, their minds filled with thoughts of doubling their money and getting rich. $RAVE
Reality often hits quickly—within half a month, they are ground down by the market.
The issue is never a lack of ability, but rather impatience and a lack of method; wanting to make quick money without understanding the rules.
Last year, I guided a complete novice who couldn't even understand candlestick charts.
He bought ETH, sold it when it rose a bit, and bought again when it fell. After a week of turmoil, he lost 120U.
I told him to stop and learn the rhythm from the beginning.
The account was restructured:
A small portion for BTC short-term trading, take a profit of 2% and exit;
A portion for swing trading, buy near support, and take profits on rebounds;
The rest is directly used as a base asset in a cold wallet, not to be moved casually.
At first, he was very uncomfortable.
After BTC traded sideways for a few days, he wanted to chase altcoins.
I told him directly: Moving around during sideways trading is the easiest way to lose money and lose your mindset.
He held back.
As a result, three days later BTC surged, and he followed the plan, not only recovering his losses but also making a profit.
Later, he set rules for himself:
The maximum loss per trade is 1%; if wrong, exit immediately;
When profits reach 3%, reduce the position first and don't be greedy.
One time he set a stop loss, and the next day the price dropped directly by 15%,
He truly understood then that following the rules is much more important than predicting the market.
In a year, he gradually increased his 600U to 20,000 U.
It wasn't luck that got him there, but steadiness, discipline, and patience.
The cryptocurrency world is never short of opportunities,
What it lacks are people who can wait, endure, and follow the rules.
If you want to turn a small amount of capital into something more, don't rely on gambling,
Fight with strategy; rules are the biggest capital.