On the night of the seventh liquidation, I was left with only 37.6U from 2000U. I threw my phone into the flowerbed, and the cracks resembled the declining K-line. Now my account is stable at 87,000U, not thanks to a bull market, but due to the discipline of resisting the urge to open positions 23 times, stopping losses on 27 trades, and exiting at planned times when floating profits reached 30%.
I have survived until now relying on three simple methods:
Wait for solid signals before taking action; if I miss out, I accept it. If it doesn't align with the few lines I've drawn, I won't touch it, no matter how high the market goes. When I feel restless with a vacant position, I share liquidation stories with newcomers — the risk of random trading is ten times scarier than missing out.
Take profits and stop losses like nailing a nail; once it's nailed, don’t move it. One time ETH surged to 2100 dollars, just 3 dollars away from my take profit point, and everyone in the group shouted, "Wait a bit longer." But I kept an eye on the clock and liquidated at the right time. Later, it indeed retraced, but that was no longer my concern; the money in my pocket is what counts.
The most rigid rule is the rolling position rule: the principal is always locked in the wallet, and I only use profits for new trades. Starting with 2000U, I made a profit of 500U on the first wave; I took out 300U as "ammo" and let the remaining 200U continue to roll. Just like saving coins, I climbed to 5600U in 12 days, and later, by riding several market waves, I gradually rolled up to 87,000U.
Recently, I was mentoring a newcomer who saw my small number of trades and said, "Your trading frequency is less than what I do in a day." But three months later, he faced liquidation three times, while my account increased by 12,000U.
What kind of get-rich-quick myth does the crypto world need? Finding a steady rhythm for profits is better than anything else. My recovery from 37.6U wasn’t due to a sudden epiphany; it was because I practiced these three simple methods until they became as natural as eating and drinking.
Now, with the few newcomers I’m mentoring, I only teach them to figure out two things: how much they could lose at most today, and when to take profits on a trade. One young man started with 500U, and now he steadily earns 200 to 300 U daily, enough to buy milk powder for his child.
Most of the get-rich stories shared in trading are just bait. What you can really learn are the footsteps of those who continue to move forward despite their scars.
Don’t be afraid of being slow or earning little. If you earn 10U more today than yesterday, and 10U more tomorrow than today, the snowball will eventually grow. Just be wary of losing control, forgetting your discipline in front of the fluctuating K-line.
If you’re still stuck in liquidation, why not try my simple methods? It may be slow, but at least you can sleep soundly — in the crypto world, it’s not about who earns the most aggressively, but who lasts the longest.