#ZEC There are always people asking, how to walk this road in the cryptocurrency world?

Today, I won't talk about complex indicators, but rather something practical. Three years ago, I entered the market with 1000U, which was my trial-and-error fund. Now, my account balance has reached seven figures.

Phase One: Protect the principal first (1000U - 10,000U)

At that time, the goal was not to make money, but to survive. I set two strict rules for myself:

1️⃣ Limit single transaction losses to 2%;

2️⃣ When profits exceed 20%, transfer out a portion of the profits.

This may seem conservative, but it allowed me to preserve my principal during the market's severe fluctuations.

Phase Two: Find the rhythm (10,000U - 100,000U)

I started writing trading notes, documenting the logic behind each operation. Once, a certain coin tripled in three days, and I didn’t participate, getting mocked by peers for being timid.

As a result, a week later, it fell back to its original point. At that moment, I understood that not losing in the market is equivalent to making a profit.

Phase Three: Overcome psychological demons (100,000U - 1,000,000U)

The more capital I had, the more my mindset could become unbalanced. I found a fellow trader who could coolly bring me back to reality.

During a frenzy, he urged me to calmly withdraw, helping me avoid a 30% drawdown. It was then that I realized stability is more crucial than explosive growth.

Truth be told

Don’t believe in overnight wealth; those myths are backed by survivor bias. Your wealth will not exceed the boundaries of your understanding. Don't let account numbers affect your life and emotions.

There are no shortcuts on this road; it relies on discipline, growth, and a clear self-awareness. I have closed 80% of my positions and am waiting for significant results.

Want to hear the next wealth strategy?