From 8000U to 1.2 million U: I achieved 150 times returns in the crypto world with 3 iron rules!
Staring at the 1.2 million U in my account, I can't help but remember that night four years ago when I was in a tough spot - with only over 8000 U left, I was so nervous I could barely open a 1.5x leverage position, fearing that a single pullback would wipe me out.
To turn around in the crypto world, it's truly not about luck, but rather my 3 iron rules that I've cultivated.
Iron Rule One: Capital is life, and the loss threshold is even stricter than life
When I first entered the market, I was heavily invested every day, always thinking, 'It can't possibly drop any further after such a big fall.' As a result, my 20,000 U capital quickly shrank to 8000 U.
Later, I established an iron rule: the money lost on each trade cannot exceed 5% of the capital.
With 8000 U capital, the maximum single trade is 3000 U (keeping 5000 U as a backup).
Stop loss at 3%, if I lose 90 U, I cut it.
Even if I make mistakes 10 times, I still have over 7000 U.
I don't get involved with so-called 'top secret good news', when others shout '10x coins', I only invest a maximum of 20% of my capital.
Iron Rule Two: Cut losses quickly with small losses, hold on tightly with big gains
In the past, I was afraid of selling too early, I would run after an 8% gain; however, I would stubbornly hold on with a 15% loss.
Later I changed my rules:
Close positions immediately with a floating loss within 3%.
Don't sell if the floating profit is less than 50%. Last year, I held APT from 7U to 14U and sold in batches, enduring a 20% pullback in the middle.
The pullbacks in a trend are meant to intimidate, if you can't hold on to the main upward wave, you'll just be lifting someone else's cart.
Iron Rule Three: Only trade in trending markets, stay entirely in cash during consolidation
I only look for two types of opportunities:
Trend + increased volume: daily and weekly moving averages moving upward together, with trading volume over 50% higher than usual.
Main upward wave in a bull market: resolutely avoid sideways trading, as transaction fees + stop losses can wear people out.
Last year, a certain coin traded between 2.5-3 U for over 20 days, many people rushed in early and got harvested, I’d rather miss out.
The secret to achieving 150 times returns: profit rolls into profit, capital remains intact
After making the first 5000 U, I took 2500 U to make the next move, keeping the remaining 2500 U in my pocket.
I use profits to increase my position, setting stop losses at a point where I won't lose capital.
After four years, my capital has always remained above 8000 U, while profits have snowballed into 1.2 million U.
Opportunities in the crypto world are few, but each one is enough for you to turn things around. Whether you can seize the opportunity depends on whether you can protect your capital and hold onto profits.
If you don’t want to keep going in circles, then join me in strategizing, so you can rise out of the low point sooner. The current market is the perfect opportunity for recovery and turning profits.
$ONDO $PUMP
