Can trading cryptocurrencies be a full-time profession? I will tell you the truth with three years of blood and tears!
I know a real professional trader of cryptocurrencies, 35 years old, has never worked a regular job, and makes a living through trading.
His daily routine:
9 AM sharp to watch global macroeconomic trends
Afternoon to study on-chain data
Evening to review the day's trades
The most crucial thing is — he never stays up late watching the market!
Why can he consistently make profits?
Capital management: only invests spare money, never uses leverage
Discipline in trading: in 2022, he fully invested when Bitcoin was at $18,000, sold everything at $30,000, then took a six-month break
Counterintuitive actions: when others FOMO, he takes profits; when the market is in panic, he buys the dip
The hardest part about trading cryptocurrencies is not the technique, but:
Can you resist touching garbage coins?
Can you refrain from chasing highs during a surge?
Can you avoid panic selling during a downturn?
My personal lessons:
I once thought I was a trading genius until:
I got liquidated three times due to leverage
All-in on altcoins went to zero
I missed the main surge of a bull market
The truth about being a professional cryptocurrency trader:
It tests self-discipline more than a regular job
Requires over 500,000 in capital
Must establish a trading system
Advice for those truly considering full-time trading:
First, spend three years verifying if you can make consistent profits
Prepare two years' worth of living expenses
Establish mechanical rules for stop-loss and take-profit
The harshest truth in this field is:
Most people overestimate their abilities and underestimate the cruelty of the market.
Brother Lu won't let you down; even if you get lost, you can stumble upon a treasure
