In the cryptocurrency world, some people start with small investments of a few hundred or thousand, and a year later quietly grow to tens of thousands or even over a hundred thousand.
On the other hand, some people end up poorer the more they play, getting increasingly frantic, ultimately left with just one phrase: the cryptocurrency world is too difficult.
From the turnaround cases I've observed over the years, I can summarize one thing:
Small capital isn't built up slowly; it's achieved by avoiding major pitfalls, seizing the right opportunities, and timing a few key moves correctly.
So don’t rush,
First rule: Small capital is most afraid of erratic movements; what it really needs is patience.
Those who can grow from 1000U to tens of thousands only do one thing:
Wait for significant fluctuations. Getting it right once a day is enough to take off.
Second rule: Good news is not a gift; it's a trap.
To put it bluntly: if you don’t sell on the first day of good news, be prepared to be buried the next day.
Anything that everyone knows about has already peaked.
Third rule: Do not go all in before major events; if the direction is unclear, reduce your position.
Before holidays, before major data releases, and before significant macro events.
What you need to do is not 'predict,' but 'hedge.' The lighter your position, the better you’ll sleep at night.
Fourth rule: Short-term is about technique, medium-term is about position, and long-term is about mindset.
Short-term—if the direction is wrong, retreat immediately; cut through the chaos swiftly.
Medium-term—do not fully load your position at once; leaving room for maneuver is essential for survival.
Long-term—you must withstand emotions to benefit from trends.
Most people fail because they let their mindset collapse with every price fluctuation.
Fifth rule: Be bold in fast markets, but patient in slow markets.
When the market moves, it feels like electricity: 'It’s not being pushed; it’s surging.'
That’s when you should jump in.
But if the market is crawling like a snail? Stay away; nine times out of ten, it’s a whipsaw that will take out your position.
Sixth rule: Stop-loss is not admitting defeat; it’s the bottom line for survival.
If the direction is wrong, get out. Not because you can’t afford to lose, but because holding on will break your mindset.
Seventh rule: Look at the charts without getting caught up in the excitement, and don’t learn fancy tricks from indicators.
For short-term trading, the 15-minute K line is the clearest rhythm cycle.
KDJ isn’t an advanced indicator, but it’s really useful for short-term trading.
Eighth rule: Mindset determines outcomes; without stable emotions, there can be no stable profits.
What really makes the difference isn’t technique,
but those who make big profits aren’t just lucky; they’ve stepped into enough pitfalls,
