Some people ask, if I start late, have little capital, and even no background, is there still a chance?
The answer is: Yes! However, the premise is that you must be clear about what you are doing.
I also started as an ordinary retail investor with just a few thousand, without any background, resources, or insider information. I relied on exploring and practical experience to gradually find my way.
In recent years, I have summarized some rules: the path for small funds to turn around is actually quite simple, but definitely not easy. There are mainly two strategies, don’t overthink it.
The first type: low-frequency high-win-rate approach - find 10x coins and hold patiently.
This might sound like a joke, but it does exist. The process is roughly:
5000 → 50,000 → 500,000 → 5,000,000.
You only need to make the right three choices to move from small funds to the edge of financial freedom.
Key points:
Choose themes: new narratives have the most potential; old concepts are already exhausted.
Choose a position: the longer the bottom consolidates, the stronger the breakout; do not chase highs.
Select consensus: Does the project have an active community and ongoing development? Is there any indication of capital entering?
Operation strategy:
Take profits when it rises 3 times and reduce the position by half.
Lock in costs when it rises 5 times, and continue to follow the trend with the remaining position.
Avoid chasing highs and greed, prevent frequent switching of assets, lock in opportunities, and profit fully in one go.
The second type: high-frequency small fluctuations rolling positions - winning battles with discipline.
Suitable for friends who do not want to wait or gamble on big market movements.
I have guided many people from the start using this method, the key is:
Light position: each order should not exceed 10% of the total position to mitigate risks.
Fast-paced: focusing on 15-minute to 4-hour cycles, resolving operations within the day.
Small stop-loss, high win rate: control stop-loss within 2%, take profits at 5-10% and exit.
The goal is not to double in one go, but to achieve stable profits: profit every week, roll the position once a month, and multiply several times in half a year.
The key is to standardize the process, making 'making money' a habit.
Final summary:
The essence of making money in the crypto world is:
Repeat doing the right things; do not let emotions, impulses, or dissatisfaction dominate you.
Whether you can double from 5000 is not important; what matters is:
Do you know which path to choose, and then take it step by step?
Don't just focus on other people's stories of getting rich; they are simply a few steps ahead of you, having completed that journey of '10x' three times.
So, what about you? Are you just starting out, or haven't you begun yet?