A buddy of mine hit rock bottom, flipping 1500U to zero over and over, even lost his rent.
Later, I didn't teach him any 'magic indicators,' just told him to stick to three key things:
Separate your funds.
Keep a small position for sure bets, take profits quickly; always set aside some cash as your safety net.
Don't trade recklessly.
When the market's ranging, better to close the laptop, catch some Z's, or hit the gym than to itch for a trade. The real gains usually come from just a few major uptrends.
System over emotion.
Set your stop-loss in advance, protect your profits automatically, and don’t change the rules on the fly. The market won’t cut you slack just because you’re reluctant to take a loss.
In four months, he went from 1500U to 23000U.
But once people start making money, they often think they’ve cracked the market.
Eventually, he began to feel risk management was too slow, chasing shitcoins, going for high leverage, listening to pump groups.
After his account was chopped in half, he still thought the issue was 'not going all in.'
In reality, what saved him wasn’t luck or talent from the start.
It was those rules he once found tedious. $XNY $CHILLGUY $TAG
#以太坊基金会再次向Bitmine出售ETH #英央行考虑搁置数字英镑计划 #Rezcoin In the crypto world, it’s not the rags-to-riches stories that keep you alive.
It’s discipline. $XN