Back in the day, I was also a novice, and when I first entered the market, I lost 67,000 in one go. I would stare at the K-line charts every day with my eyes turning red, and even at three in the morning, I was staring blankly at the market. At that time, my account only had 1250 USD left, which basically meant it was a worthless account.
My friends advised me to quit, saying that the cryptocurrency market is a deep abyss, and I accepted that, preparing to liquidate my assets and walk away. But in the end, I decided to give it one last try, just once more, to give myself an explanation.
This time, I didn't recklessly invest all my money, nor did I gamble blindly on the market; I changed my approach.
From the beginning, I set a strict rule: no chasing trades, no adding to positions on unrealized gains, no counter-trading, everything according to strategy.
The first wave was a small rebound in ETH; I entered based on the 30-minute signal, using only two layers of positions, taking a small profit of a few dozen points, and I ran away as soon as I made a profit, never being greedy.
When I first pulled my account from 1250 to 1600, I truly understood what it meant to 'operate with a clear mind.'
After that, I rolled profits into profits, and each time I entered the market, I reduced my position size, only trading what I could understand. Before reaching 20,000, I actually had two losses, but fortunately, I controlled the risk, so I didn't lose any capital.
Reaching 23,000 took just over 20 days.
This set of strategies isn't particularly difficult, but 90% of retail investors simply can't do it; it's not that they don't know how, but that they can't control their impulses, and no one tells them what to do.
The most feared aspect of this circle is not poor skills, but rather continuously trying to 'work hard' in the wrong way.
Many people are like I was, losing money and having their mentality shattered. It's not that they don't want to turn things around; they just don't know how to take that step.
How did I go from 1250 to 23,000? It wasn't luck, and it certainly wasn't blind guessing.
But if you really want to know how I did it, don't keep stubbornly holding on; the cost of figuring it out on your own is too high.