If you haven't reached 1 million after a year, don't blame the market or luck! To put it bluntly — it's not that you don't work hard, it's that the direction has been wrong from the start!
I've been in the cryptocurrency space for almost ten years, from liquidation to zero, from pitfalls to rebounds, I've paid every bit of tuition that was due. As of today, my account can steadily grow, with cumulative profits of over 50 million, relying not on boldness or good luck, but on repeatedly being knocked down by the market and finally seeing the true path that retail investors should take.
Today, I won't talk about motivational quotes, won't paint a rosy picture, and won't bring emotions into it, I'll only dismantle the fundamental understandings that I have personally verified and that can be life-saving. If you just watch carefully, you can at least save three to five years of detours.
What truly widens the gap is never the operation, but the level of understanding!
With a small capital, never go all in — within 100,000, catching one major uptrend in a year is enough;
If your understanding is lacking, making money is just luck; practice execution with a demo account, only then are you qualified to enter the real market;
When good news is realized, it often signals the beginning of risk; the market lacks stories, it only lacks people to take over;
Before holidays, reducing positions is more important than speculation; surviving is necessary for the next round;
In the medium to long term, it's not about 'holding on', but about cash management and rolling operations;
For short-term trading, only touch 'active coins'; those with no volume and no volatility are just a torment when touched;
The method of decline determines the quality of the rebound; panic selling, on the contrary, makes it easier to recover quickly.
⚠️ The last few points are trading iron rules that can save your life!
Admit your mistakes when you buy wrong; stop-loss is a basic skill, not a multiple-choice question;
For short-term trading, watch the 15-minute K + KDJ for rhythm and divergence, this can filter out 80% of emotional trades;
You don't need too many technicals; refining one or two models to perfection is worth more than learning ten indicators.
None of these ten points are copied from books,
They are all insights gained from my real capital, countless liquidations, and mistakes.
Remember one thing: losing less once is, in itself, making money.
When the direction is correct, effort is meaningful;
When the direction is wrong, the more diligent you are, the quicker you die.