100,000 to a small goal: The 5 iron rules of cryptocurrency trading I learned with millions in tuition
Brothers, today let’s speak frankly — I’m an old crypto trader who rolled 100,000 into 1 billion. What I carry is not the myth of getting rich overnight, but 7 iron rules forged with real money.
1. Don’t gamble with small funds, focus on "precise strikes" every day
For those just starting out with little money, don’t be like those who go all-in and leverage. When I had 100,000 in my early days, I monitored the market for 12 hours a day, paid 230,000 in fees, and ultimately lost 170,000 — the platform loves diligent "ATMs" like you.
2. Cash out immediately when good news lands, don't be a "bag holder"
I suffered big losses in the past: a certain coin announced it would be listed on an exchange, I thought "the good news has just begun" and didn’t run, but ended up with a high opening of 18% before crashing down to -23%, leading to a liquidation that night! Later, after analyzing 200 instances of good news events, I found that 92% of "major good news" days were actually the days for major shareholders to sell off.
3. Clear the field 3 days before major events
Federal Reserve meetings, non-farm payroll data, geopolitical conflicts... These black swan events can make the market crash. After stepping on mines 5 times and losing 12 million, I finally understood: uncertainty is a meat grinder for your principal.
4. Being fully invested is suicidal; even for mid to long-term investments, you must leave "rescue bullets"
In 2018, I went all-in on a certain hundredfold coin. After it rose 50%, I encountered a waterfall drop, helplessly watching my account fall from 800,000 to 120,000 without funds to average down. Now my positions always follow the "333 principle": 30% for base investment to resist price increases, 30% for flexible averaging down, 30% in cash for market crashes, and the last 10%... for tuition fees.
5. A market without volatility is equivalent to a "meat grinder"; you might as well play mahjong
In May 2021, I forced 17 trades in a sideways market, spending 80,000 on fees and ultimately losing 120,000. I later discovered that when the 15-minute K-line volatility is less than 2%, the trading win rate is 30% lower than flipping a coin.
Lastly, let me say something from the heart:
Making money does not rely on luck, but on ironclad discipline. What you find harsh to hear now will become the lifeline during liquidation in the future. Take it to heart; the next 1000-fold myth could be you; ignore it? The market will teach you the hard way. Let's accumulate experience in the bear market and make big money in the bull market.
