The cryptocurrency world after 10 years: From 2,000 to six figures, I relied on "dumb methods" to avoid 99% of the pitfalls
From 2,000 to six figures, my decade-long experience in the cryptocurrency world has taught me one principle: success is not based on luck, but on **"anti-human nature"** discipline. Today, I would like to share how I went from losing everything to only having 300 left, to now steadily profiting.
1. Use "milk tea money" to test the waters, don’t put your entire fortune on the line
Many newcomers see the market rising and immediately go all in, and when it drops, they rush to cut losses. When I operate now, I always adhere to the "small capital testing" principle. When the market is unclear, I only use less than 10% of my capital. For example, if I see a certain asset is trending upwards, I first invest 200 to observe. If the price stabilizes at a key position and the trend is clear, I will then increase my position, with each additional investment not exceeding 20% of the current position. This strategy helps me avoid panic due to short-term fluctuations, and operating with a light position reduces risk.
2. Don’t "extend the life" of losing positions, and "add more" to winning positions
The mindset of "averaging down" once caused me to lose all my principal. Once a losing position falls below the preset stop-loss line, I no longer hesitate and immediately liquidate. For profitable positions, I gradually add to my holdings, allowing profits to snowball. For example, after making 50 from 200, I add 100, and after making 10% more, I add 200, ultimately yielding 1,200. Remember: decisively cut losing positions and patiently add to profitable ones.
3. Don’t fall in love with candlesticks
The market is not a personal emotional game. I have seen too many people who, despite the price breaking through the support level, still cling to the fantasy of "it will definitely rebound" without cutting losses. Limit your watching time to 40 minutes a day, make decisions quickly after execution, and avoid emotional trading.
Conclusion:
The cryptocurrency world is not a casino, but a test of discipline. 2,400 can turn around, and 200,000 can be lost; the difference lies in whether you can follow the rules and avoid greed. Don’t trust leverage, don’t touch "hundred times returns" air projects, always invest with spare money, and preserve your principal; you will have outperformed 80% of people.
Follow me, Cryptocurrency Compass, to accurately grasp the market and steadily profit.
