Restrain greed, master fear
Hello friends, I am Lu Jie, a female analyst who has been navigating the cryptocurrency world for 8 years. At 36 years old, watching this industry rise and fall, I can finally say with confidence: my account has steadily reached seven figures.
People often ask me, Lu Jie, do you have any profound secrets? My answer might disappoint you—it's not extraordinary talent that I rely on, but a set of 'foolishly friendless' discipline systems.
1. My three moments of enlightenment
When I first entered the market in 2017, like most people, I chased after rising prices and sold during dips, my eyes glued to the candlestick charts, turning red. At that time, I made a small profit through luck, but soon lost it all in the bear market of 2018.
That lesson taught me: the cryptocurrency world is never short of stars, but what is lacking is longevity.
My first realization came from an experience of liquidation. In 2019, I heavily invested in a project claiming to be the 'next-generation blockchain,' but at three in the morning, a tweet halved the coin's price. I watched the numbers in my account shrink rapidly, and that feeling of stomach cramps is still fresh in my memory.
The second realization is that 'slow is fast.' I started recording every trade, printing out my mistakes and sticking them on the wall, completely filling 27 A4 sheets. Every Saturday morning, I diligently review the settlement slips; this habit is more effective than any technical analysis.
The third realization is understanding the art of position management. I no longer pursue buying at the lowest point or selling at the highest point but have learned to use the 'phased building' method to keep myself at the table.
2. My '253 phased building method' practical details.
Many people think '253' is too simple, but it is precisely this seemingly boring method that helped me achieve over 20 million in returns. Take BTC as an example; suppose you prepare 100,000 yuan in capital, here's how I operate:
Step one: 20% exploration — start with a light position, give up the 'gambling addiction.'
I first invested 20,000 yuan to test the waters with a light position. With a light position, even if the market is volatile, I won't feel anxious. The core of this step is to give up the impulse to 'gamble in a hurry.'
I have seen too many people go all in as soon as they enter the market, adding to their positions when it rises a few points and panicking when it falls a few points. The first lesson in the cryptocurrency world is always to survive, so I strictly control single losses to within 2% of total capital.
Step two: 50% phased increase — dilute costs, restrain greed.
I am not in a hurry to invest the remaining 50,000 yuan, but patiently wait for the right opportunity. If the market rises, I wait for a pullback; if the market falls, I gradually increase my position by adding 10% for every 8% drop.
This way, no matter how the market fluctuates, I can lower my holding cost and avoid the risk of buying at a high point all at once. The most important thing at this stage is to stay calm, just like surfing; you must follow the rhythm of the waves rather than fight against the ocean.
Step three: 30% finishing — confirm the trend and strike decisively.
When BTC breaks through a key level and can stabilize without falling back, only then will I invest the last 30,000 yuan. By this time, the trend is already clear, the risks are controllable, and the rest is just to let profits run.
The entire process of building a position may last for several weeks or even months. It may seem slow, but it is much steadier than those who rush in. Remember, in this market, surviving for a long time is the biggest competitive advantage.
3. Mindset management: Is it a natural advantage for women?
As a woman, I find that we have a natural advantage in investing — we are more willing to admit our ignorance and more willing to abide by the rules.
Male traders often exhibit overconfidence, preferring high-leverage all-in strategies, while we understand the importance of risk control better. Here are a few of my iron rules:
1. Don't hesitate to cut losses: 3% stop-loss for mainstream coins, 5% stop-loss for altcoins, and stop trading on the same day if a single loss exceeds 2% of total capital.
2. Profits should be extracted: Every time I earn 10% of my capital, I withdraw half of the profits to a cold wallet; this part of the money acts like insurance and won't be easily taken away by the market.
3. Don't be a 24-hour trader: I only check the market 2-3 times a day to avoid emotions being affected by short-term fluctuations. The cryptocurrency world is not a game; speed is less important than a stable mindset.
4. Maintain a balance between life and investment: Even in the craziest times, I ensure not to use essential living funds. If this money is gone, the quality of life cannot collapse.
4. Honest words for beginners.
If you are just entering the cryptocurrency world, I want to say to you:
Don't believe in the myth of 'getting rich overnight.' My 70-fold returns took 8 years, during which I experienced three liquidations. In 2018, I lost all 500,000 yuan, which was a dark period.
Your level of understanding is the absolute value of your account. Money earned by luck will be lost 99% of the time due to lack of skill. That’s why I insist on the 'three-dimensional learning method': 40% financial knowledge + 50% practical experience + 10% information from the circle.
Less action is the best action. Quality cryptocurrencies need time to ferment; they can't rise in just a day or two. Holding patiently earns more than frequent trading.
Recently, the market has been volatile, and my social circle is filled with news of beginners chasing the market only to end up liquidated. In fact, the real challenge in the cryptocurrency world has never been accurately predicting the market but rather restraint — restraining the greed of having a full position and also restraining the panic during downturns.
I can now live freely, not relying on luck, but on this set of 'simple methods' that help me avoid one pit after another. I hope my sharing can help you avoid taking years of detours in the cryptocurrency world.
Remember, in this market, the most important thing is to stay alive, and then comes making money. Follow A Ke to learn more first-hand information and precise points in the cryptocurrency world; becoming your guide in the cryptocurrency realm, learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
