In 1989, at the age of 37, after 8 years in the circle, I once turned 80,000 in capital into 2.86 million in one night, but due to greed, I went bankrupt and fell into debt within a month. Only now have I managed to stabilize my footing.
Many people say the cryptocurrency world is a casino; in fact, it is a battlefield of strategies, and with less capital, one must remain calm.
Recently, I mentored a beginner with a 1200U account, who was so nervous placing orders that he was afraid of losing it all at once. I told him:
"Follow the rules well, and you can rise too." Unexpectedly, three months later, his account broke 21,000U, and in five months, it surged to 48,000U, all without ever going bankrupt.
This is by no means luck; it relies entirely on three iron rules:
First, divide the capital into three parts. Use 400U for day trading, focusing only on Bitcoin and Ethereum, taking profits with a 3%-5% fluctuation;
400U for swing trading, wait for clear signals before acting, holding positions for 3-5 days for stability; 400U as emergency funds.
In extreme market conditions, this should not be moved, as this is the confidence to turn things around. Those who go all in get anxious during fluctuations and cannot go far.
Second, only chase trends and avoid exhaustion from fluctuations. The market is sideways 80% of the time, and frequent operations only incur transaction fees. Wait if there are no signals; act decisively when there are, taking out half of the profits at 15% for safety.
Third, prioritize rules over emotions. A single stop loss must not exceed 3%; walk away when it hits the point; if profits exceed 5%, reduce the position by half and let the rest run; never average down on losses.
Having little capital has never been a problem; the fear lies in always wanting to "turn things around in one shot." From 1200U to 48,000U relies on rules, patience, and discipline.
Most people are trapped in a vicious cycle, not lacking effort but lacking a guiding light. The market is often present, but opportunities do not wait for anyone—follow Sister Ke to reach the shore.