🔥🔥From 100,000 to 130 million: 7 hard-earned lessons I learned from trading cryptocurrencies, understanding them early could earn you an extra 60 million!
Brothers, today let's get straight to the point and talk about some real insights. I am an experienced player who has multiplied my investment over 1000 times through trading cryptocurrencies. The experiences below are earned with my hard-earned money over the past few years, and each one could save your life.
1. Don’t mess around with small funds, strike only once a day
If your principal is under 100,000, don't go all in every day. Take one clear opportunity each day, and then call it a day. If you stare at the market for too long, you’re not making money, you’re working for the platform. Remember: If you hold a position for more than 3 hours, your win rate starts to drop to zero.
2. Good news materializes, risk comes next
When the market hears “XX goes live” or “XX partnership,” if you don’t sell the same night, you’ll regret it the next day when the market opens high and starts to drop. Keep this in mind: Good news materializing = selling signal. How many people have died in their fantasies?
3. Must have light positions or be flat before major events
Whenever there’s a Federal Reserve meeting, inflation data, or geopolitical events, the market tends to go wild. Reduce your position or clear it three days in advance to observe and see the direction before entering the market. Don’t gamble with real money on uncertainty.
4. Never go all in, the same goes for medium to long-term
Even if you are optimistic about a cryptocurrency, don’t go all in at once. Start with 30% of your capital and wait for a pullback to add more. Otherwise, if there’s a downturn, it’s you who gets trapped. Staying in the game gives you the chance to double your investment.
5. If the market is stable, it’s better not to trade
Short-term trading relies on “volatility,” and the 15-minute K-line is crucial. For huge price spikes or drops, watch the KDJ indicator; when J exceeds 100, be ready to exit, and below 0 look for opportunities to enter. Is the market moving sideways? You’d be better off playing Mahjong than trading cryptocurrencies.
6. Cut losses decisively, don’t hold on
If the direction is wrong, **cut it off directly after it drops 3%, no reasoning.** Don’t fantasize about “waiting a bit longer for it to recover.” How many people turned a 10,000 loss into a liquidation because they couldn’t bear to sell?
7. Mindset is more important than technique
Trading cryptocurrencies can have you riding a roller coaster 24/7; earning too much can make you float, while losing too much can make you collapse. If your mindset is off, even if you have talent, you won’t survive a market cycle. If your mindset is unstable, just take a break; if you hit your profit target, stop when you should.
These are the hardcore experiences I’ve summarized from trading cryptocurrencies over the years, without boasting or playing around. In this game of the cryptocurrency world, it’s not about luck, it’s about control and execution. If you take this to heart, you might be the next lucky one to get rich; if you don’t, you’ll just keep paying tuition to the market.