How to earn your first 1 million in the crypto world with small funds
First, let me clarify: I am not a 'master' who provides trading signals, nor do I offer paid courses. I'm just an old hand in the crypto world who has fallen countless times.
Last year, a fan approached me with only 3300U left, saying he wanted to turn his fortune around with that little money. I didn't give him a complicated strategy; I just shared three sentences. He followed them for 4 months, and his account grew to 150,000U without a single liquidation. Today, I'm sharing these three 'lifesaving rules' with you; how much you grasp depends on yourself.
First, divide the money into three parts, never gamble with the entire amount.
3300U divided into three parts of 1100U, each with its own purpose, never 'crossing over':
Short-term trades: No more than two trades a day; take profits when you earn, accept losses when you lose;
Trend trades: If the weekly chart isn't bullish, play dead; never enter without a clear signal;
Emergency funds: Specifically for 'flash crashes' to prevent liquidation, if something happens, make up for it the same day to ensure you can stay in the game.
All-in? Don't even think about it. Once you cut off your roots, there's no chance left; cutting off roots can regrow.
Second, only take the fattest bite of the trend, and be a turtle during sideways markets.
Sideways markets are like meat grinders, 9 out of 10 operations result in losses. My signals are very simple:
If the daily moving averages aren't bullish, stay in cash and wait;
Break through previous highs with volume, and confirm with a daily close before the first entry;
Once profits reach 30%, immediately take half out, and set a 10% trailing stop for the rest.
There will always be another bus; don’t rush for the door, just catch a stable ride.
Third, lock up your emotions; mechanical trading lasts longer.
Before entering a trade, write down your 'life and death statement':
Set a stop loss at 3%; automatically cut at that point, without hesitation or confusion;
When profits reach 10%, pull the stop loss up to the break-even point; everything earned after that is a gift from the market;
Shut down the computer at 11 PM every day; no matter how tempting the K-line is, don’t stare; if you can’t sleep, uninstall the app.
The more mechanical and boring you are, the longer you can survive.
Finally, let me be honest: Turning 3300U into 150,000U is not about magical signals, it's about 'making fewer mistakes.' The market changes every day, but your capital is only once. Memorize these three rules before studying waves, indicators, and other tricks.
Surviving gives you the right to talk about becoming rich; if you can't survive, you're just someone else's transaction fee.
In this market, it's too hard to walk alone. I've already paved the way; do you want to follow along?