At the beginning of the month, my friend came to me looking distressed, holding 1,000U. After struggling in the crypto space for half a year, he hadn’t made any money and had lost quite a bit. I patted him on the shoulder: 'Don’t worry, follow me step by step.' A month later, his account was at 25,000U. Today, I will break down the operations of this month so that even a beginner can follow along.
Week One: Use 200U to practice the 'survival instinct'.
Core goal: Cultivate the habit of 'stopping losses is more important than making money'.
Take out 200U to try the market, specifically advised to choose two medium-cap coins, as these types of coins avoid the lethargy of large caps and are not as prone to massive failures as small coins, making them relatively safer.
When the first coin just dropped by 3%, I advised him to cut it immediately, resulting in a loss of 6U. I told him: 'Remember, the cost of trial and error must be controlled within 5%; we can't let a small mistake turn into a big one.'
When the second coin rose by 12%, I advised him to take profits on half of the position, securing 50% of the profits, while allowing the remaining portion to let profits continue to run.
After a week, the account grew to 1,106U. While the profit wasn't huge, the key was that my friend developed 'muscle memory' for 'acting when the time is right', which is an important skill for survival in the crypto space.
Week Two: Capture sector trends, diversifying to execute a 'combination attack'.
Core goal: Use profits to roll profits while keeping the principal in a safe zone.
I had my friend initially invest 300U in the leading token, and when it rose by 20%, I advised locking in half of the profits. This way, the profits are secured, and the principal turns into 'no risk'.
An even more crucial step was using the profits earned to increase positions in rebound coins. Using market money to speculate means that even if I lose, it won't hurt too much, and my mindset can remain stable. Unexpectedly, the rebound coins gained another 15%, and the account skyrocketed to 3,800U.
Week Three: Change sectors and roll the funds, seizing 'opportunities before good news materializes'.
Core goal: Learn to 'fish where there are many fish'.
I advised my friend to clear out those old positions that had risen over 50%, and then we shifted to a DeFi project that was about to launch new features. It's important to know that before good news materializes, funds love to speculate on expectations, which is a great opportunity to make money.
Timing entry is also crucial; buy in two phases when it pulls back to support levels. The first phase should be 60%, and if it drops 5%, then add 40%. This helps to spread the risk of entry.
Sure enough, once the good news was released, the coin price shot up 70%, and after cashing out, the account surpassed 10,000U. The key to this step was 'not chasing the rise, waiting for a pullback to provide an opportunity'; patience always pays off.
Final Week: Control positions for steady profits, 80% safe + 20% speculative.
Core goal: Lock in profits, don’t let the roller coaster ride go to waste.
I advised my friend to use 80% of his funds to hold trend coins, choosing large-cap blue chips that rise slowly but steadily and have strong resistance to declines.
Use the remaining 20% of funds for short-term trading, specifically looking for small-cap coins to capitalize on good news, in and out quickly, and take profits when available.
Increased holdings during pullbacks of blue-chip coins, ultimately earning 30%. As long as the trend remains intact, I’m willing to hold; once it breaks, I decisively exit.
After the small-cap coins surged 40% on good news, we also cleared our positions in time; it's important to know that the arrival of good news signals the time to exit.
Throughout the process, we never went all in, and the maximum weekly loss never exceeded 5%. In the end, the account steadily reached 25,000U, successfully locking in profits.
A friend lamented afterwards: 'I used to rush to make quick money, but the more I rushed, the more I lost. Now I understand that making money in the crypto space relies on two strategies—hold on when it's the right time to let profits run; let go when it's the wrong time to avoid losses.'
In fact, the secret to turning small funds into large ones has never been 'multiplying each trade', but rather keeping every step of the operation under your control: testing positions to manage risk, diversifying to resist volatility, and locking in profits.