From Loss to Insomnia to Earning Millions Monthly: It's All About This 'Simple Method'
On the path of trading cryptocurrencies, I've walked through the darkest nights.
Back then, I lost so much that I couldn't sleep all night, afraid to turn off the lights; every time I closed my eyes, I saw the K-lines flashing. I doubted whether I was even suited for this market.
Slowly, I crawled out of it, and now I earn a stable six-figure monthly income. Looking back, it wasn't talent, nor luck, but a method that's incredibly simple—practical, actionable, and effective. This has circulated in the crypto community till today.
First, let's talk about capital.
If you want to make money, you must first protect your principal. No matter how good the strategy is, if you can't withstand a liquidation, it will all be in vain.
My rules are just three: a principal of 100,000, only take 10,000 for each trial, and the total position should not exceed 20%. If a single trade loses two points, cut it immediately, without hesitation or holding onto the position. Use leverage only when necessary, and if you do, don't exceed twice. Just this rule can help avoid 90% of liquidation traps.
Next, let's discuss operations.
The market doesn't make money by the number of trades, but by making the right trades.
I only do one-way trades, either long or short, without flipping back and forth. Set three stop-loss points and five take-profit points in advance; once it hits, exit without looking at the market. I make a maximum of two trades a day and wrap up after that. Exceeding three trades is basically just giving away money.
Finally, let's mention a few pitfalls.
Increasing positions against the trend is a no-go; every time you add, you're a step closer to liquidation. Don't underestimate transaction fees; over time, they can consume a significant portion of profits. Not taking profits is equivalent to not earning; most liquidations happen because of the greed of 'it can still go up.'
With the same principal of 100,000, different strategies can lead to vastly different outcomes.
Those who fully leverage high margins and stubbornly hold on during declines eventually face liquidation. I maintain a bottom position of 20,000, strictly adhering to stop-loss and take-profit rules, making only two high-quality trades a week, and my monthly return stabilizes at eight points, which compounded annually can exceed one hundred and five.
Remember three phrases: use spare money, maintain discipline, and trade unidirectionally. Don’t go all in, don’t hold on, and don’t get caught in both directions.
Contracts are not a casino; those who gamble with their living expenses will eventually exit the market. Protect your principal and survive long enough to qualify to make money in this market.
I led fans to earn 68,000u in a single trade; do you want this kind of strategy?