From 60,000 to 8 figures: The trading survival rules of a ten-year veteran in the cryptocurrency world!!!
In my 30s, I entered the cryptocurrency world in 2019 with a borrowed 60,000 yuan, and by last year my assets had surpassed 8 figures. After ten years in the cryptocurrency market, with six years of full-time trading and over 3,100 days and nights immersed in long-term, short-term, ultra-short, and swing trading, these experiences have made me deeply understand: mastery of any skill requires a foundation of ten thousand hours.
I review my trades for 8 hours every day, maintain consistency for over 200 days a year, and it took me a full 5 years to barely reach the threshold of profitability. The cryptocurrency market will inevitably have major fluctuations over ten years, so the principal must never exceed what one can bear. I have seen too many people go from tens of thousands to hundreds of millions, only to lose it all in a bear market — human nature is fragile in the face of trends.
In this market, changing others is as difficult as climbing to heaven; the only thing you can control is yourself. Losing money is not scary; what is scary is not summarizing the reasons or not correcting the mistakes. The market only recognizes results; an adult's choices have no way back — once a decision is made, you must bear the consequences.
Trading must discard luck, let go of the dream of getting rich quickly, and reject every trade outside of one's understanding. Before placing an order, ask yourself: Do I understand the logic? Is my basis sufficient? Is my risk control in place? Can I withstand failure? Recognizing one's ability boundaries is the starting point for a qualified trader.
The core of trading can be summed up in eight words: Cut losses when wrong, hold on when right. As long as you are willing to change, any time is a new beginning.
Today's focus: PROVE TOWNS TREE...
