Background: The starting point after hitting rock bottom.
At the beginning of 2024, I faced a liquidation due to high-leverage contracts, leaving only 1000U in my account. At that time, my mindset was on the brink of collapse: unwilling to exit and fearful of going to zero again, I watched the market every day, suffering from insomnia, trapped in a vicious cycle of 'wanting to make quick money but losing more and more anxiously.'
Turning Point: Three rules of discipline broke the deadlock.
Give up the fantasy of getting rich quickly, nurture profits with profits.
∙
In the first month, only 10% of the principal (100U) was used to test the waters, focusing on BTC/ETH segments, withdrawing the principal after making profits, and reinvesting only with profits.
∙
For example: The first trade was a long order at ETH 2400, gaining 36% in 3 days, immediately using the 36U profit as new position ammunition, while locking the original principal unchanged.
.
2.
The '3/3/4 Position Management Method' to combat risk.
∙
Each trade is divided into three batches: 30% initial position to establish a base, 30% for adding during pullbacks, and 40% kept for extreme market conditions.
In March 2024, ambushed the obscure coin ALPHA (which was not in the top 100 by market cap at the time), entered the first position with 30U, and after initiating a doubling market, took profits in batches, achieving a monthly profit of 5200U.
Arbitrage through information asymmetry, reject following the trend.
∙
Monitor the main force's movements through on-chain data: Discovered an unusually large order on the blockchain for a certain DeFi project (WLFI), ambushed 3 days in advance, and captured a 400% price increase.
.
Reject the 'K-line warrior' model: No more than 2 trades per day, 80% of the time spent analyzing on-chain data and project fundamentals.
Key Battle: From 14,000U to 87,000U in 28 days.
∙
Strategy: Identified main force accumulation signals near SOL 145U, employing a rolling position tactic: using 50X leverage to go long on the first position, adding profits as new positions with every 5% rise while moving the stop-loss line up.
∙
Mindset Test: On the 5th day of holding, SOL plummeted 12%, but the stop-loss line only retraced 7% of profits, preserving 93% of the position. On the 12th day, the main upward wave was initiated, ultimately capturing the segment from 176U to 196U, and the account surged to 87,000U.
Darkest Moment: Greed nearly destroyed everything.
When the account broke through 54,000U, I secretly heavily invested in altcoins behind my mentor's back, trying to 'validate my logic,' resulting in a single-day loss of 43%. That moment made me fully aware: Recovery relies not on one-time bets, but on the repeated execution of discipline.
Final Outcome: Transformation from 300,000U.
Time: Over a period of 14 months (2024.01-2025.03), the average daily trading time decreased from 6 hours to 1 hour.
Core Principles:
When principal ≤ 100,000U: Focus on airdrops, whitelists, and low market cap ambush (as Shen Yu said, 'Use time to exchange for chips').
After breaking 100,000U: Only do BTC/ETH coin-based trading, never short, and achieve an annualized 40% cash flow through DeFi arbitrage (such as dYdX staking).
Results: Account net worth 302,000U, with 80% transferred to a cold wallet, and the remaining funds continue to execute a rolling position strategy.
Bloody Lessons
Killing the 'inner demons' is more important than killing the market: 90% of failures are not due to insufficient skills, but rather losing to the 'gambler's mentality of making back losses.'
Information > Technical Analysis: The K-line seen by ordinary retail investors lags the main force by 72 hours; on-chain data is the real alpha.
3.
Replace emotions with rules: Set mechanical stop-losses (single loss ≤ 5%), profit withdrawal (must withdraw principal if profits exceed 20%), to survive until the bull market.
