Can 7,000 yuan really grow to a million?
Many people have asked me this question. To be honest, I've walked this path myself, and I've made my share of mistakes. But I still started with 1000 USDT and ultimately, through calmness and discipline, I achieved a remarkable turnaround. Today, I'll share my experience with you, guiding you down a difficult but absolutely viable path.
Back then, I had 7,000 yuan, which I converted to 1000 USDT—a gamble.
But I didn't rush to bet everything. Instead, I started with 200 USDT to test the waters, choosing the hottest coin of the day and following the market's rhythm.
I'd take profits when I doubled, and cut my losses when I lost 50 USDT.
After several such attempts, I slowly accumulated small wins, and my initial capital gradually grew.
The real challenge wasn't placing orders, but resisting the urge to trade impulsively.
Every time I made a few hundred or a thousand, I would force myself to stop trading for a day to calm myself down and prevent my emotions from controlling my actions.
This step is crucial; many people lose everything because of emotional outbursts.
Once I had a slightly larger capital base, I started to diversify my operations:
One portion was used for short-term trading, quick in and out, seizing opportunities;
Another portion was used for trend-following dollar-cost averaging, steadily investing regardless of market noise;
The remainder was reserved for truly significant market movements, not for minor fluctuations that could sway me.
Before placing each order, I would write down two points:
Where is the take-profit level?
Where is the stop-loss level?
Those without a plan will ultimately be led by their emotions, and emotions are always the biggest enemy of trading.
Contract trading is not a shortcut; it will only amplify your strengths and weaknesses.
Over the years, I have adhered to four bottom lines:
Never bet everything; reserve some capital to avoid losing it all in a single market crash;
Always use stop-loss orders; exit when you lose, don't fantasize about "recovering";
No more than three trades a day; avoid frequent trading and overtrading;
Take profits as soon as possible; leave no room for risk.
I've seen too many people make money by luck, only to lose it all because of greed.
My journey from 1000 USD to where I am today boils down to one thing: stay calm in the face of market fluctuations and be ruthless with yourself!
So, if you ask me if 7,000 USD can grow to 1 million, the answer is: Yes!
As long as you execute calmly, follow your plan for every trade, and avoid greed, panic, and chaos, you can steadily move towards that goal.
