Those guys shouting 'all in' have quietly vanished, only we 'timid' ones are steadily making money in the market.
Three years ago, I hesitated for a long time before clicking the registration button on the trading platform with the remaining $3000 after paying off my credit card. Today, when I sent a screenshot of my account balance to the group, several brothers privately messaged me asking, 'Did you get on some insider news express?'
To be honest, I have never touched leverage, nor do I believe in any 'insider news'. In this market, my only faith is in the word 'stability'.
I still remember the confusion I felt at the beginning of 2022 when I first entered this market. Every night, I stared at the candlestick chart, and even the slightest price fluctuation would make my palms sweat. At that time, a colleague kept boasting about how much he earned with leverage in a day, and I almost followed him. Not long after, a hot coin he bought plummeted 70% in a day, and his whole state changed. Since then, I set a strict rule for myself: no leverage, no contracts, and do not believe in any 'hundredfold coins'.
My 'clumsy method' starting strategy
I divided $3,000 into six parts, each worth $500. I only choose Bitcoin and Ethereum, the two most mainstream and reliable cryptocurrencies. For beginners, there simply isn't enough ability to judge whether those flashy new projects are gold or trash; it's better to stick with these two 'big brothers'.
My trading strategy is simple to the point of disbelief: only buy when the market is in panic, and sell when the market is greedy. When Bitcoin drops below $20,000, I buy a portion; when it rises above $25,000, I sell part of it. In this way, my account grew from $3,000 to $7,000 in the first three weeks.
A friend asked me if I had any insider information, so I directly sent him my trading records—all purchases of $500, all sales of $1,000. While most people were chasing prices up and down, I calmly bought during market panic and gradually sold during market greed.
Practical skills from $7,000 to $60,000.
In the past two years, I've relied on two core skills to grow my account size from $7,000 to $60,000. These methods may not sound exciting, but they truly allow you to live longer in the market.
1. Build positions in batches, never go all-in.
When the market is in panic and falling, many people hesitate to act out of fear, or impulsively buy in with their entire capital. I enter the market in batches, buying a certain percentage each time. For example, during last year's FTX crash, Ethereum dropped from $1,800 to $1,200. I didn't buy in all at once but bought a portion every time it dropped by $100. This way, I kept my average cost around $1,400, and when Ethereum rebounded to $1,800, I easily gained a 30% profit.
2. Strict stop-loss and take-profit, no holding onto positions.
I set clear exit points: I must sell part of my holdings when profits reach 15%-20%, and I exit immediately if losses exceed 8%. There was a time when Bitcoin just hit my stop-loss line and I sold, only for it to drop another 10% later. Although I earned a little less, I preserved my capital, which allowed me to bottom-fish later. In this market, 'not losing' is always more important than 'earning more'.
Three survival rules for veteran players.
After three years of trial and error, I have summarized three survival rules. These are more important than any technical analysis.
1. Diversification is a lifeline, going all-in is a dead end.
My position allocation is: 70% mainstream coins (Bitcoin and Ethereum), 30% potential coins with real application scenarios. This allocation has helped me avoid multiple market black swan events. Never bet all your funds on one coin, no matter how promising it seems.
2. Don't bet on one-sided market trends, calculate the win rate more.
Don't be bound by the mindset of 'bull markets' or 'bear markets'. I evaluate the risk-reward ratio before every operation. For example, during market fluctuations, I only use 30% of my funds for operations, keeping the rest intact. I would rather earn less than take unnecessary risks.
3. Mindset is 100 times more important than technique.
Market fluctuations test people's mindset the most. Once you have a strategy, you must strictly execute it and not be swayed by emotions. If you can control your 'chasing' hand, you have already beaten 80% of the market. I have seen too many people with decent technical analysis skills end up with heavy losses just because they couldn't resist chasing prices up and down.
Real opportunities belong to those who are patient.
Some people mock me for being timid, saying I've missed many 'hundredfold coin' opportunities. But they didn't see that those who took out high-interest loans and leveraged were blocked at their door by collectors during the New Year; those who mortgaged their homes to enter the market ultimately couldn't even pay their monthly installments.
The crypto market is never short of stories of overnight riches, but 99% of such stories end in a mess. Real opportunities belong to those who can remain calm and stick to their strategies.
In my view, the most important thing in this market is not how much you can earn in one go, but whether you can profit steadily over time. Three years have proven that my 'timidity' and 'stability' are not cowardice, but wisdom.
Those who once laughed at my timidity have mostly left this market now. Meanwhile, we 'conservatives' continue to reap steadily.
If you think these experiences are helpful, I will share more practical content next, such as how to accurately set stop-loss and take-profit points, and the position management table I actually use. Follow me for the next share where I'll provide practical insights to help you avoid detours!
In this highly volatile market, a steady and methodical approach is the most efficient shortcut.
