Last week late at night, I received a message: 'Bro, I have saved enough of this year's salary through the crypto circle.'
The sender is A Chuan, an old fan in my community, a factory quality inspector born in 1992, with a monthly salary of 5,000, working three shifts daily. When he first followed me last December, he was in a typical novice state in the crypto circle: after work, he would be glued to his bed staring at the market, and if the K-line shook slightly, his heart rate would shoot up to 180.
At that time, his trading pattern was: make a profit of 3% and run immediately, hold on for a loss of 10% until recovery, and often blow his living expenses on fireworks during the weekend.
I didn't explain complex wave theories or trading theories to him; I just gave him an A4 sheet with four rules written on it:
At most, two trades per day, with a fixed time of 30 minutes after showering after work.
Write down the stop-loss price before placing an order; if triggered, immediately close the software.
No single position should exceed 10%, and when profitable, increase the position by no more than half of the profit.
If you notice any signs of emotional loss of control, such as sweating palms or repeatedly checking your phone, immediately liquidate your positions and turn off your computer.
A Chuan thought it was slow at that time: 'Sister, can this double in a year?'
I replied to him: 'What you want is a stable side job, not a gamble on a comeback.'
He followed the advice. In the first week, he only earned 46 U, but he didn't stay up late for the first time; in the second week, he lost 80 U by stepping on the wrong rhythm, but he stopped losses as per the plan and didn't add to his position or lose sleep; in the third week, the market cooperated, and he made 260 U. He sent me a screenshot of his profits; I didn't praise him, only replied: 'Copy this table again and stick it on the wall.'
Then came the monotonous cycle: work, get off work, take a shower, watch the market for 30 minutes, turn off the computer, and sleep. Three months later, his account curve transformed from a roller coaster to a 30-degree upward slope, with total earnings of 18,000, which was exactly his annual take-home salary.
Last night he asked me: 'Brother, can I resign this year?'
I said: 'Don't resign; let your side job first earn twice your salary, then talk about ideals.'
The secret to making money in the crypto space: find your own rhythm.
Many people think the crypto space only involves contract leverage and myths of becoming rich, but that's not the case. There are various relatively stable ways to participate in this market, suitable for ordinary office workers.
Staking to earn interest is like a fixed deposit in the crypto world. You can lock your held cryptocurrencies in the network to support its operation, and the network will pay you interest.
This method usually offers a higher yield than traditional bank fixed deposits, with relatively lower risk.
Liquidity mining refers to depositing your assets into a decentralized finance protocol's fund pool to provide trading pairs for other users, thus earning transaction fee shares and project rewards.
This requires some initial learning costs, but once set up, it can generate relatively stable passive income.
For salaried workers, the simple financial products offered by exchanges are a good starting point. These products are similar to traditional financial 'Yu'e Bao', allowing users to deposit idle digital currencies and enjoy returns, with easy operations and relatively low risks, making them very suitable for beginners.
Why do most people lose money in the crypto space?
There are many opportunities in the crypto space, but the risks are also extremely high. There's a saying that vividly illustrates this: out of 10 people entering the market, 1 makes money, and 9 lose money.
The core issue is emotional control. In a bull market, FOMO (fear of missing out) leads to blindly chasing high prices, while in a bear market, panic selling reflects the reality for most people.
A Chuan was initially like this too; he would run away immediately after making a little money but would stubbornly hold on when he lost a lot.
The A4 paper I gave him is essentially a set of emotional control systems:
Setting a fixed 30 minutes for trading each day is to prevent becoming obsessed with watching the market; writing down the stop-loss price before placing an order is to avoid expanding losses; controlling position size ensures that even if you're wrong, it won't be crippling.
A survival guide for ordinary people in the crypto space.
If you, like A Chuan, want to increase your side income through the crypto space, I have a few suggestions:
Start with a small amount of capital, try 1,000 yuan to get familiar with market fluctuations.
Prioritize mainstream coins like BTC and ETH, avoiding those 'shitcoins' that promise high returns, 99% of which are scams.
Choosing a reliable trading platform is very important to avoid the risk of small platforms running away.
Also, be wary of various scams, such as fake exchanges, Ponzi schemes, and phishing links.
The key is to stay rational, not greedy, and keep learning.
What the crypto space lacks the least is opportunity, but the most is patience.
A Chuan's story is not particularly special; there are no thrilling turnarounds, just tedious repetition and execution. But it is this simple, repetitive discipline that allowed him, a factory quality inspector, to earn a year's salary in the crypto space.
The essence of making money in the crypto space is not relying on complex technical analysis but finding your own rhythm, not being driven by greed and impulse. When you can internalize trading rules into habits, the crypto space can truly become your side income machine.
A Chuan asked me last night if he could resign; I replied: 'Don't resign, let your side job first earn twice your salary, then talk about ideals.'
Slow is fast, and steadiness wins. Follow Xiang Ge to learn more firsthand information and precise points in the crypto world, becoming your guide in this space; learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
