$PIPPIN From Loss to Monthly Income of One Million: The Core Principles of Success in Cryptocurrency
$ZEC Hello everyone, today I will share my experience of going from losing sleep to now being able to earn a stable monthly income of one million. In fact, this path is not difficult, but you need to have a method and not act randomly.
1. Capital Management: Survival First, Profit Second!
In the cryptocurrency world, capital management is key. If you incur losses, you have nothing left, so you must protect your principal.
• Position Allocation: With a principal of 100,000, only take 10,000 for a single trade, and total exposure should not exceed 20%.
• Stop Loss: If a single trade loses more than 2%, stop loss immediately without hesitation.
• Control Leverage: New traders should not use leverage at all, and experienced traders should not exceed 10% leverage. This can avoid liquidation.
2. Trading Mindset: Less Doing, More Mistakes; Only Doing Right Brings Profit!
Making money is not about doing more, but about doing it right.
• One-way Trading: Only go long or short, do not frequently enter and exit.
• Set Stop Loss and Take Profit: Pre-set a 3% stop loss and a 5% take profit, do not make temporary judgments.
• Control Frequency: Trade a maximum of 1-2 times a day; if you exceed 3 times, you generally start losing.
3. Avoid These Common Pitfalls:
• Averaging Down: Do not increase your position during a decline, as it deepens the losses.
• Frequent Trading: Too many trades will eat away at your profits due to fees.
• Not Taking Profits: A bullish mindset is the source of your losses; if you make a profit, you should sell.
Case Comparison: Same 100,000, Significant Difference in Capital!
Wrong Operation: Full position with high leverage → Increased position when prices fell → Ultimately liquidated.
Correct Operation: Only use 20,000 for the base position → Set stop loss and take profit → Trade twice a week, achieving a stable monthly return of over 8%, and annualized over 150%.
Expert Tips:
Do: Use spare money, maintain discipline, trade in one direction.
Do Not: Go all in, hold onto losing positions, or block both sides.
Final Reminder: The futures market is not a casino!
Those who trade cryptocurrency with living expenses will ultimately fail. To survive long enough and protect your principal, only then can you discuss big money. $ETH #美联储降息 #美SEC推动加密创新监管


