Often chased by fans asking 'How does a few thousand U turn into a million', I always think of the little buddy I knew before.
In November 2023, during the worst of the bear market, he only had 7200 left in his account, gritting his teeth and converting it all to 1000U, when BTC was still hovering around 16000 dollars, a move no one dared to bet on. $BTC
But he didn't rush, first pulling 200U to test the waters by diving into a liquidity pool. #加密市场观察
He focused on the top 5 coins with the highest 24-hour gains, like SOL at the time, which rose from 8 dollars to 12 before he pulled out, cutting losses at 150U immediately. $SOL
With the 'small orders and quick reversals', he turned that 200U into 800U in a month, significantly increasing his principal.
The most impressive part was his mindset; every time his floating profit exceeded 500U, he forced himself to stay out of the market for a day, fearing to be intoxicated by the lure of contract leverage.
After his principal exceeded 10,000U, his 'three-part method' was quite classic: 1/3 for short-term sniping, focusing on the rotation of altcoins;
1/3 for regular investments in ETH, which he hadn't touched since before the ETF approval in April 2024;
The remaining part was reserved for major market movements; before the BTC halving last May, he left enough funds to accurately buy the dip.
I have seen his trading notes, each marked with take profit and stop loss; when SOL corrected to 40 dollars in 2024, he had set a stop loss at 38 in advance and was not stuck.
This made me firmly believe: contracts are not a money printing machine, they just amplify your trading discipline several times.
The four iron rules of the little buddy I remember to this day: never overinvest, always set stop losses, no more than 3 trades a day, withdraw 50% of profits.
Markets come and go; when MEME coins surged wildly last October, how many people made money by luck, only to lose it all again due to greed?
In the end, going from 1000U to a million is not about guessing the market, but about being decisive like the little buddy—quick to seize opportunities and tough on oneself.
Now that BTC is stable above 50,000, a new market trend is about to start; maintaining discipline is essential to catch the profits.
