I make 100k-500k-ish each month trading crypto, albeit I manage a couple million in this trading account so you can't really replicate these returns, I just wanna make this s*** post cause I was doom scrolling Binance square and the amount of degenerates losing money this cycle is just legit funny but a bit concerning so I might give you some advice in this industry.
1.Problem Most Traders Face: -Y'all never bet position size correctly, all I see is 10x-50x leverage trading futures, you know one liquidity wick or algo fronting from bots and your out of your position right? If you want to fix this please: If your in college place high emphasis on studying Monte Carlo game theory and study Kelly Criterion if you want to be serious, if your not in college, well good luck, Restudy it.
2.Finding Actual Investment Opportunities:
People talk about discipline but most don't know what they are talking about. Its a cliche, Finding opportunities in the market usually only takes a day to a week to find great deals & just for clarification everything in the market is priced in, its all about taking a calculated bet. Sorry I'm not teaching you this, there are no heroes here.
3.Reality Check:
Most of y'all lose money because of these very simple dynamics, You want to make easy money .How so? 1. by listening to influencers selling courses-Its all scams there is no free money. 2. Most traders depend on technical analysis but the truth is you could draw a dinosaur on that chart and it would still print cash, Past performance is not the future and funny lines on the chart does not mean its correct its like flipping a coin but you lose 5 times and only win 1, sure you could be right today but are you going to be right 10 thousand times over a decade of market volatility? Trade purely on data please this is crypto it’s very easy to find ,everything is open source. 3. You yolo into a position without actually thinking about it because its very easy to place bets nowadays, your action have consequences. It either eating caviar or starving this month
Finally a quick summary: Just buy bitcoin, delete this app and open it up 1-2 years from now then sell. That is the only way you could make money without studying math, it all come back to that one AP Stat and Calc class that you were too lazy to attend years ago. In all seriousness please do your own research nobody in this market is your friend.Oh and if you want to check my credibility here a sneak peak:
Before the comments flood in:
Yes, Spot is down $112k.
No, I didn’t get rekt — I just haven’t sold.
That’s called unrealized drawdown, not a loss.
I’m still holding the asset.
Meanwhile, my strategy printed 400k and Futures added another 100k+.
I rotate capital based on volatility regimes, not emotions.
If you're panicking over a red Spot PnL, you’re thinking like retail — not a risk manager plus my size is big so its only 2% down today reflects what the market was doing these last few days