You might find it hard to believe, but I really turned 500U into 100,000U in 3 months. There are no deep techniques involved; it’s just an ordinary person using a "dumb method" to grind it out.
Step 1: Test the waters with 100U, build courage
At first, I thought that even if I lost all 100U, it wouldn’t affect my life, so I kept an open mindset, giving myself 5 chances to try.
1. Focus on one coin: Only choose Bitcoin (BTC), which has a large market cap and is not easily manipulated, so I feel secure.
2. Moderate leverage: Use 20x leverage. 100x is too crazy; I’m afraid of losing my cool. 20x can amplify profits while keeping risks relatively manageable.
3. Control position: Only use half of the principal each time, which is 50U to open a position, keeping the other 50U in reserve to prevent liquidation.
4. Strict discipline: Withdraw after a 10% gain, never get greedy; cut losses at 5%, never hold on stubbornly. Do a maximum of 2 trades a day, stop regardless of winning or losing.
After persisting for a month, 500U turned into 3000U, slow but steady.
Step 2: Roll over and increase, the snowball gets bigger
With a principal of 3000U, I adjusted my strategy, but the core discipline remained unchanged.
1. Half position operation: When at 3000U, use 1500U to open a position each time.
2. Increase position with profits: For example, if 1500U earns 10% to 1650U, total funds become 3150U, so next time open a position with 1575U.
3. If wrong, restart: If one trade hits a stop loss, immediately reduce the position back to 500U, and after a few wins, slowly increase again.
This phase tests patience the most; I spent three months rolling 500U to 100,000U through small wins.
Step 3: Capture big market trends for qualitative leaps
In the fifth month, the market experienced a wave of upward trends.
1. Increase position size: Due to sufficient profit and confidence accumulated earlier, raise the single position opening ratio to 70%.
2. Dare to hold positions: Previously, I would run after a 10% profit, but this time I see a good trend and raise the take-profit point to 30%.
3. Strict stop loss: At the same time, set the stop-loss point tighter to ensure that even if there’s a misjudgment, it won’t cause significant losses.
With this wave, I jumped directly from 25,000U to 100,000U.
There are many opportunities in the crypto world, but few can control themselves and survive to seize those opportunities. Remember, getting rich slowly is the fastest way.
