Friends with small capital, please pause for a moment and listen to me.
The cryptocurrency market is not a casino; it's a battlefield of strategies.
With small capital, one must be steady and patient. Last year, I mentored a beginner whose account had 900U. At first, he was so nervous he could barely place an order, fearing he would lose everything in one go.
I told him, "Follow my lead, and you can gradually improve."
Four months later, his account surpassed 24,000U;
Six months later, it shot up to 31,000U without a single liquidation throughout.
Some ask if it was luck? Absolutely not; it was the result of strict discipline.
These three iron rules of "survival and profit" helped him grow from 900U to now:
First rule: Divide your capital into three parts and keep a safety net.
Split the principal into three portions: 300U for day trading, focusing only on Bitcoin and Ethereum, taking profits when fluctuations hit 2%-4%;
300U for swing trading, wait for clear opportunities to act, holding positions for 2-4 days for stability;
300U as a reserve, do not act in extreme market conditions; this is the confidence that can turn things around. Have you seen those who go all-in with a few thousand U?
When prices rise, they get euphoric; when they fall, they panic, and they won't go far. True winners know to keep some money on the sidelines.
Second rule: Only follow trends, do not exhaust yourself in sideways markets.
Eighty percent of the time, the market is in a range, and frequent trading just pays fees to the platform.
Stay put when there's no signal; act decisively when there is.
Withdraw half of profits at 12% to secure gains; it’s reliable to take some off the table. A professional’s rhythm is "do nothing unless you must, and when you act, ensure success."
When his account doubled, I watched him steadily collect money, remaining calm and not chasing prices.
Third rule: Prioritize rules, control emotions. A single position loss should never exceed 1.2%; exit when it hits the stop;
If profits exceed 2.5%, reduce the position by half, let the remaining profits run;
Do not average down on losses; don’t let emotions drag you down. You don’t need to perfectly time every market move, but you must adhere to the rules every time.
Making money relies on a system that controls the urge to make erratic moves.
Having little capital is not scary; what's scary is always thinking about "a big win." Turning 900U into 31,000U relies not on luck but on rules, patience, and discipline.
Opportunities exist in the cryptocurrency market, but there are more traps. Very few can truly make money; follow Uncle Nan, and let him help you turn things around in this market!
