You only need to follow these three iron rules to bridge the gap between you and the Porsche 911.
A fan from Fujian, harboring a dream of owning a sports car, entered the cryptocurrency world but suffered a loss of 40,000 U in just half a month due to blindly following hype coins and leveraging five times. His account was left with only 6,000 U. He once thought his dream was shattered.
However, four months later, his account surpassed 480,000 U and now steadily exceeds 600,000 U. Throughout the process, there was zero liquidation, and he strictly followed the three iron rules I summarized from turning 20,000 U into eight figures.
First, splitting positions is the survival baseline; never put all your eggs in one basket. He divided his 6,000 U into three parts: 2,000 U for day trading, making only one trade per day, and exiting with a profit of 3% to 5%. 2,500 U was used for swing trading, entering only when the four-hour candlestick volume broke out, holding for five to eight days with a target profit of 15% to 20%. The remaining 1,500 U served as the base capital, which he resolutely did not touch even in extreme market conditions; this is the spark for a turnaround. Many people believe in going all-in to get rich quickly but forget that when a black swan event occurs, one liquidation can mean the end. Only by surviving can one talk about profits.
Second, only grasp the major trends and avoid choppy traps. The market is in disorderly fluctuations 80% of the time, and frequent trading equals offering platform fees. We only participate in certain markets where moving averages are in a bullish arrangement and trading volume significantly increases; during other times, we maintain a cash position. If profits exceed 40%, immediately withdraw half to a cold wallet, using the remaining portion to continue trading. A truly mature trader is either as still as a maiden or as swift as a hare.
Third, tame emotions with rules and eliminate emotional trading. The three iron rules are integrated into every operation: if a single loss reaches 2.5%, take immediate stop-loss; never hold onto losing positions. Lock in profits by reducing half of the position when profits reach 5%, and never add to losing positions. Emotional averaging down is a shortcut to the abyss.
The cryptocurrency world is never short of legends of overnight wealth, but for small funds to achieve a comeback, it relies not on gambling instincts but on systematic rules and discipline. Those who advocate for all-in strategies are either foolish or malicious.
From 6,000 U to 600,000 U, the hardest part is not judging the market but controlling your hands and adhering to the rules. Your Porsche dream may only be a set of proven systems away.
There are always opportunities in the market, but luck only favors the prepared mind.
