Many people ask: 'Can you get rich trading cryptocurrencies?'
I would like to ask: what does it mean to get rich?
Turning 100,000 into a million may seem like getting rich to some. But in Shanghai, a million can at most buy a decent toilet.
Turning a million into ten million in first-tier cities barely gets you three bedrooms and two halls, just enough to be a 'normal citizen'.
Therefore, getting rich is relative — relative to your principal.
The principal is small, and no matter how large the profit is, the absolute amount is not enough to change one's fate.
True 'getting rich' is never by luck, but through system + leverage + survival ability.
One, risk control system: Surviving is the prerequisite for getting rich
✅ Dynamic position management
Pyramid position increase during profit: Increment by 1:0.6:0.3, do not put all eggs in one basket
Razor-style position reduction during loss: Halve each time, actively stop loss instead of holding on
Leverage control: Total leverage of positions ≤ 20% of net worth
❗ Stop-loss iron rule (execution determines your fate)
Single loss cannot exceed 2% of total capital
If daily loss exceeds 5%, mandatory stop
If weekly loss reaches 10%, enter a cooling review period
Two, trading discipline: Those without discipline earn once but lose three times
🔍 Signal filtering mechanism
Triple verification: Fundamental + Technical + Emotional resonance to act
Breakout confirmation: Key support/resistance must be effectively broken before following up
Volatility screening: When ATR ≥ 2 times the average, only then is there an entry condition
⏰ Time management principles
One hour before major data: Must clear positions and observe
Three consecutive losing trades: Immediately stop trading for the day
Non-mainstream trading periods (such as during US market closure): Halve positions
Three, psychological system: The market cannot kill you, but emotions can
💹 Profit response strategy
Withdraw 10% when profits reach 20%, locking in profits first
Reduce leverage by 10% every time a new net worth high is reached
Set dynamic stop profit: Close position when profit retraces to 30%
💥 Loss recovery process
Activate 'circuit breaker' mechanism: No trading for 24 hours
Record emotional fluctuations, conduct 'trauma review'
Rehearse for 2 weeks using a simulation account to verify state recovery
Four, strategy evolution: You cannot go all the way with just one strategy
📊 Multi-strategy matrix
At least build 3 types: Trend / Arbitrage / Hedge
Capital proportion:5:3:2, dynamically adjust allocation
Evaluate strategy performance every quarter, eliminate ineffective methods
⚠ Extreme market contingency plan
VIX index > 30: Activate crisis mode
Black swan event: Immediately hedge to protect net worth
In times of extremely poor liquidity: Force a reduction to 10% position
Five, continuous growth: The speed of profit = The speed of cognitive growth
📓 Trading log standards
Record the reasons and emotional states for each trade
Score each trade execution (1-5)
Weekly statistics on win rate, profit-loss ratio, maximum drawdown
🧠 Cognitive evolution plan
Read 2 central bank/macroeconomic policy documents monthly
Attend one trading psychology/strategy course each quarter
Conduct a strategy backtest once a year,10 years of data verification
📌 Survival is the kingly way
Long-term survival rate =
(Risk control × Discipline) ÷ (Emotion + Leverage abuse)
This set of methods took me two full days to organize and I have personally practiced all of them. I hope it helps you survive and make money in the crypto space, not by luck, but through a system.
If you read this carefully, remember to like, bookmark, and share it with friends who are still rushing around.
Retail investors' counterattack begins with survival.
