Too many people rush into the cryptocurrency world, filled with dreams of getting rich overnight, only seeing fantasies of a hundredfold or thousandfold return, yet never considering that the blind and reckless approach often leads to substantial losses.
Today, I’m laying it out plainly: If you want to get rich, that’s fine, who enters the cryptocurrency world not wanting to earn more money? But never gamble blindly or rush in recklessly! After ten years in the cryptocurrency scene, I’ve gone from losing most of my 20,000 to crawling back up, starting with just a few thousand U. I’m neither a big investor nor a tycoon, just an ordinary retail investor in this space.
And now, my account balance has long surpassed 30 million. You might question it or find it hard to believe, but this is the reality I’ve built step by step with steady efforts! I never get greedy about how much I can make in one go; I only focus on whether I should engage in this market condition and whether I can manage it. Sticking to discipline is more important than anything else.
Many brothers ask me how I turned a few thousand U into significant funds step by step. Today, I will share my years of trading insights without reservation, so that ordinary people can avoid pitfalls and earn steadily:
First stage: Position control practice. 1200 U divided into 4 parts, 300 U per position, with strict stop-loss and take-profit settings for each trade; no chasing trades, no holding against the trend, only taking opportunities I understand and can manage, first preserving capital, then making money.
Second stage: Increasing positions with profit. After the account reaches 20,000 U, each trade is controlled at about 25% of the total position; if a market trend moves favorably, I will add positions in batches, without being greedy or rushing in, only capturing the middle golden segment of the trend, and taking profits when they appear.
Third stage: Taking profits and withdrawing funds. After the account exceeds 150,000, I start locking in a portion of the profits weekly for withdrawal. It’s not that I’m afraid of losses; I’m afraid of getting carried away and forgetting my original intention, repeating the mistake of losing down to 20,000. Remember, stability is the greatest profit!
The fundamental reasons most people face liquidation boil down to three points: chaotic position control, no stop-loss leading to total loss, and dying while holding against the trend despite being on the right side. $ETH
A follower who followed me from 800 U to 15,000 U just withdrew yesterday, so excited he couldn’t sleep until midnight, we talked for two hours on the phone. Watching his growth, I’m also deeply gratified; this is the power of discipline and patience!