The pain you are experiencing, every scar is etched in my heart:
Pain Point 1: Watching others get rich while I suffer
In 2020, during the DeFi frenzy, friends flaunted earning millions daily from liquidity mining. I went all in on the "SUSHI pool", and three days later faced the "mining massacre", losing half of my principal. The most heartbreaking part was—during the crash, I accidentally canceled my stop-loss order, missing the rebound, pounding my chest in despair.
My solution:
Exit all "get rich quick signal groups" and set a blood-red pop-up on my computer: "FOMO to join = Leek Special Train" only mine stable ETH with an annualized rate of 15%, better to earn less than to go to zero.
Pain Point 2: Averaging down to the heavens
In 2022, during the LUNA crash, I believed in "buying the dip", added 50U, went all in with 30U, and it finally crashed to 0.0001U. When the forced liquidation text arrived, my fingers were too cold to press the phone.
Three iron rules learned through blood:
Single coin position ≤ 10% of total funds (even if it’s called "the next ETH") cut positions if floating losses exceed 15% (averaging down is drinking poison to quench thirst) mandatory bank deposit of 50% monthly profits (cash in hand is real money, otherwise it's just numbers)
Pain Point 3: As soon as I set a stop-loss, it skyrockets; as soon as I hold a position, I get liquidated
In 2023, shorting ORDI, I set a 20% stop-loss and got hit by a spike, right after stopping loss the price plummeted 60%. This kind of despair, those who understand, understand.
Now my counterintuitive strategy:
Set a double-layer stop-loss: for example, support at 1000U, first stop-loss at 980U (to prevent false breakouts), second stop-loss at 940U (exit on a trend break) cash out on profit ladder: withdraw principal at 20% floating profit, take half at 50% take profit, leave profit to try for a hundred times check the fear index before trading: >75 reduce positions, <25 accumulate coins in batches.
Three sentences retail investors should engrain in their DNA:
"You don’t need to catch a hundred times coin, just grasp 20% of the understanding within."
In 2024, I focus on BTC swings:
- Chase after breaking 60,000 (20% position)
- Escape at 72,000 when it stagnates
- Buy back chips at 63,000
Throughout, I missed the wild surges of altcoins, but made a steady 35% in three months.
"The money for averaging down is enough to buy a car, the money for stop-loss is only worth a meal."
Last year, when ORDI dropped from 28 to 22, I stopped loss at $800 and avoided an 80% crash—saving enough principal to dollar-cost average BTC for three years.
"Bull markets are awards for the living."
In bear markets, use mining profits to cover living expenses, and never stop dollar-cost averaging BTC.
When Bitcoin breaks its previous high in 2024, my account net worth doubles—not because I was accurate, but because I am still at the table.
In the past, I stumbled alone in the dark; now the light is in my hands.
The light is always on, will you follow? @币来财888