30 million is not a dream! The dumbest yet most ruthless secret to making money in cryptocurrency trading
Can trading cryptocurrencies make you rich?
Of course! But getting rich is relative.
Turning 100,000 into 1 million sounds impressive, but in Shanghai, it's only enough to buy a toilet.
Turning 1 million into 30 million can be considered truly ‘landing ashore,’ allowing you to buy a decent house and live like a ‘normal person.’
With a small principal, it doesn't matter how many times you multiply it.
The key is not the rate of return, but the scale.
The core logic of making money:
Earn more as you make profits (increase positions when profitable)
Lose less as you incur losses (cut losses in time)
1. Risk Control: Survive to Win
1. Position Management – Be bold when making money, pull back when losing money.
Made a profit? Increase positions by a ratio of 1 : 0.6 : 0.3 to let profits run.
Lost money? Cut half your position each time, don’t let losses expand.
Don’t go crazy with leverage! Never exceed 20% of your principal (if you have 1 million, the maximum leverage is 200,000).
2. Cut Losses Rule – Don’t let yourself be completely wiped out.
Single loss ≤ 2% (maximum loss is 20,000 on 1 million).
Lost ≥ 5% in a day? Shut down! Don’t play today.
Lost ≥ 10% in a week? Cease fire! Review the week and come back later.
2. Discipline: Don’t rely on feelings, rely on rules.
3. Trading Signals – Triple verification, steady as an old dog.
Only act when fundamentals + technicals + sentiment all align.
Only follow key breakout points, don’t guess tops and bottoms.
If volatility is too high (ATR ≥ 2 times)? Be careful, it may be a trap.
4. Trading Hours – Avoid danger zones.
One hour before major news? Liquidate! Don’t gamble!
Lost 3 trades in a row? Stop! Your luck isn’t good today.
Midnight, US market closed? Reduce position by half, don’t get ambushed.
3. Mindset: Don’t get carried away when making money, don’t collapse when losing money.
5. What to do if you’re making money?
Withdraw 10% when making 20% to secure profits.
Reduce leverage by 10% after reaching a new high in principal, don’t be greedy.
Automatically exit if there’s a 30% drawdown, don’t let profits turn into losses.
6. What to do if you’re losing money?
First, stop for 24 hours, don’t rush to recover.
Write a “regret letter,” recording the foolish thoughts at that time.
Practice on a demo account for 2 weeks, regain your feel before fighting again.
4. Evolution: Don’t stick to one strategy until it dies.
7. Diversified Trading – Don’t put all your eggs in one basket.
Combine three strategies: trend + arbitrage + hedging!
Allocate funds 5:3:2, adjust dynamically.
Evaluate every quarter, eliminate ineffective strategies.
8. Extreme Market Conditions – Survival is paramount.
Market panic (VIX > 30)? Activate survival mode.
Black swan (crash/surge)? Reverse hedge.
Liquidity crisis? Cut position to 10%, don’t get caught off guard.