In the crypto world, how difficult is it to turn a few thousand into 1 million?
For those with small capital looking to turn things around in crypto, day trading is almost the only way out. With little principal, you can't withstand fluctuations or the passage of time, so you can only rely on small, quick steps to accumulate wealth. This industry is counterintuitive in many ways, and professional players have to endure three major hardships: operating against instinct, the loneliness that no one understands, and the whirlpool of self-doubt. Remember two phrases: don’t get carried away in favorable winds, don’t be timid in unfavorable winds; yesterday is a settled matter, tomorrow can still be turned around.
This is a 24-hour bloodthirsty casino, and also a production line for wealth creation. A hundredfold leverage can double your account in 15 minutes, but it can also reduce four years of savings to zero in three seconds. I have personally experienced a 15-fold profit in a single day, and I have also endured a 40,000-dollar loss; the experience is like chewing on bitter herbs mixed with popping candy.
When I first encountered contracts in 2018, I lost 800,000 savings in half a year as a naive rookie — back then, I was still working, pretending to be a normal office worker every day. The most torturous part wasn't the evaporating numbers, but the feeling of being a hollow shell of a person under long-term high pressure. In the next two years, I spun in a cycle of profits and losses, but I truly understood Ethereum's temperament, and my trading sense suddenly became clear as if I had opened up my meridians.
The bull market in 2020 was like hitting the windfall; the trading system was refined and shaped in the explosive growth, and my prediction of points became so accurate that I scared myself. That year, not only did I fill in the old pits, but I also made an additional 800,000 dollars. Now my account always only holds 30,000 in principal; I withdraw when I double it, and I stop when I face liquidation — this is the life-saving rule earned with blood and tears.
After five years of ups and downs in the crypto world, three insights are the most valuable:
1. The market is king; don’t debate with the trend.
2. Opportunities are available every day; maintain a bottom line of not heavily investing against the trend.
3. Living longer is a hundred times more important than making money quickly.
Now my account is still running, but my mindset has changed. I have begun to cherish the hustle and bustle of the market, enjoying the chess games of the elderly in the park. Trading, at its core, is just a mirror that helps you see yourself clearly. My homepage is always open for fellow travelers to chat; after all, on this road, partners who can have human conversations are scarcer than get-rich-quick secrets.
Having been through the rain, I want to help newcomers who just entered the market to avoid the greatest risks!!!
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