$ETH Many people criticize the cryptocurrency market as a casino, but those who truly understand know: whether one can make money is never about luck, but about rules.
I once mentored a newcomer who started with 1800U, and within three months he grew it to 29,000U, now maintaining a stable account of 58,000U, without ever blowing up his position.
He relied on the three iron rules that helped me achieve financial freedom from 8000U.
First Iron Rule: Diversifying positions is the baseline for survival.
I had him split the 1800U into three parts—600U for day trading, doing only one trade a day, and leaving once the target is reached;
600U for swing trading, adjusting once every ten days to half a month, focusing on major trends;
The remaining 600U is a safety position, which must not be touched.
Most people blow up their accounts not by losing to the market but by succumbing to the greed of 'always wanting to go all in for double the profit'. To survive is to earn the right to talk about profits.
Second Iron Rule: Wait for trends, don't stubbornly fight sideways markets.
80% of the time in the crypto market is spent in fluctuations, and newcomers tend to operate recklessly here, losing all their money.
I told him: Better to stay in cash and wait it out than to engage in chaotic markets.
When a trend emerges, it's a zone of high profits, and for every 20% earned, you must withdraw 30% to lock in gains.
Experts do not trade every day; instead, they seize the entire segment of a trend when they do trade.
Third Iron Rule: Trade by the rules, don't place orders based on feelings.
Emotional trading is the root of account blowups; I forced him to follow three disciplines: stop loss at 2%, cut immediately when it hits; take partial profits at 4% to secure some gains;
Absolutely no averaging down; the more you average down, the messier it gets.
Stabilize your emotions, and the market will naturally deliver profits to you;
Once emotions collapse, even the best skills are useless.
From 1800U to 58,000U, it wasn't about talent, but about a trading system that ensures survival.
Remember, the core of making money in the cryptocurrency market is not about accurately predicting trends, but about ensuring you can survive in any market condition. @不贪的阿 K
