He earns 300,000 a day, but lost 10 million on the train
Last year, I met a brother who was doing business. In his early years, he had only 20,000 left in his pocket and started with a loan of 1 million. At his peak, he made a net profit of 300,000 a day, with a fortune exceeding nine figures.
He is righteous and daring, and people in his circle say he has 'the wild spirit of the grasslands outside and the scholarly spirit inside'.
He didn’t even understand wallets and chains; when his childhood friend told him that these things could make money, he directly bought 1 million.
Within a few months, it rose to 5 million, and he didn’t sell it. Later, it fell back down, and he nearly made a profit of 1 million before completely exiting the market, thus entering the circle. People in the circle knew he was wealthy and constantly introduced him to various money-making tricks in the crypto world.
The resources he came into contact with were relatively those who made money in the crypto circle.
He didn’t understand what decentralization, blockchain fundamentals, or super-sovereign assets were; he completely had no concept of this and believed that places where wealthy people played were likely to have money.
After listening to the propaganda from a group of people in the crypto circle, he began to be fascinated by it. With pictures as proof, he naturally believed without doubt,
Bitcoin's ups and downs affected him; he was ultimately persuaded and initially invested 500,000, and later invested 10 million.
He could earn 4% a month.
But on the day of October 11th, he was on a train to Hong Kong with dreams of the crypto world, and the 10 million he had collapsed.
After losing so much money, he drowned his sorrows in alcohol, and I couldn’t bear to see it, so I shared some of my experiences with him. In a year, he made back the 10 million he lost and even had some surplus. The method is very simple; for example, if you have 15,000 U,
For the first hand, the money must be split into 'three triangles'. Split 15,000 U into three parts: 5,000 U for day trading, watch one order every day and exit at the right time without being greedy; 5,000 U for swing trading, don’t touch it for ten days to half a month, and when you act, aim for the big ones; keep the remaining 5,000 U as a bottom card, never touch it. Many people go all in and collapse; staying alive gives you the opportunity to earn.
For the second hand, only chew on the fat, don’t mess around. 80% of the time in the crypto circle is sideways; moving during this time is just giving away money. Lie flat and wait until the trend is clear to enter, withdraw when you’ve earned enough, and withdraw 30% when exceeding the principal by 20%. The ones who can truly make money are those who 'wait three years before opening and eat for three years after opening'.
For the third hand, treat yourself like a machine. Cut losses at 2%, reduce positions at 4% profit, and never average down on losses. Set the rules firmly; don’t let emotions mess with your operations. In the end, making money is about the money running, not you panicking.
