After experiencing ten years of ups and downs in the crypto space, I have made substantial gains in bull markets and have also fallen to the bottom twice, nearly facing financial ruin. Now, I can make a living by trading crypto, having extracted over 8 million yuan for living expenses and still holding more than 26 million yuan in assets in my account.
This journey is not easy, entirely relying on perseverance!
Behind this lies my in-depth study and practice of classic trading sayings regarding moving averages. It has allowed me to almost completely capture the profits from my holdings, deeply experiencing the truth of 'the simplest path is the greatest.'
I adhere to this trading system, and over time, it becomes like my private bank, continuously generating wealth for me.
The trading system I follow is a comprehensive system that covers trading philosophy, signal capture, risk control, and emotional regulation.
- Trading philosophy: It is my profound insight into the market and the clear definition of trading goals. Whether pursuing trends, swings, or other specific trading opportunities, I have a clear understanding.
- Trading signals: I capture buy and sell opportunities precisely based on technical analysis indicators (like moving averages, MACD, etc.) or fundamental analysis information, ensuring that decisions are based on solid grounds.
- Risk management: I carefully set stop-loss and take-profit points and plan capital management reasonably, ensuring that I can maintain footing during market fluctuations and keep losses within an acceptable range.
- Emotional control: I always remain calm and rational, avoiding being swayed by greed or fear, ensuring that trading decisions are not influenced by emotions.
Of course, executing this trading system is not easy.
It requires me to overcome psychological barriers, firmly execute trading plans, and continuously optimize and improve systems to adapt to the ever-changing market environment.
From surviving in the crypto space to stable trading, what are the key steps and where to go next?
First, let's take an example: with 100 open positions and 30 losing trades, these 30 losing trades will definitely not be evenly distributed. It is normal to lose three or five trades in a row, so you must keep a cool head and not let the profits or losses of the previous trade affect your next decision. If you make a mistake, you must acknowledge it, recognize the error, and correct it. No one in the crypto space can be 100% accurate, so there's no shame in making mistakes.
Second, do not waste bullets; always firmly remember the teacher's words: put survival first, prioritize risk, and shift from wanting to make a quick large profit to first protecting my capital. You can imagine you have a gun; only when the prey presents an opportunity that is hard to come by should you deal a fatal blow. So you must learn to wait; once you learn this, you can surpass over 90% of people in the crypto space.
Third, the more favorable conditions we have when opening positions, the better. Whether it is a pattern or indicator, if all cycles are moving in one direction, the more conditions we satisfy, the greater our chances of success and survival. Therefore, most of our time is spent waiting; do not wander around with a gun. Does anyone have the patience to wait like the academicians in the crypto space?
Fourth, always remember what the teacher said: basically give up on any market that makes you hesitate. I want to seize every opportunity, afraid of missing the chance when the market changes, transforming into only looking for opportunities that fit my opening model, abandoning all those where profit and risk are not proportional, avoiding meaningless trades. I have said that most opportunities in the market are traps.
Fifth, we must have self-control and self-restraint. We often say that each of us is a trader, so when we operate, we must think from different perspectives. Genius traders must think rationally when trading, not rely on feelings. Too many people in the market act on feelings, chasing highs and lows driven by greed and fear. If your emotions fluctuate too violently, your trading will deform, so you must remain calm and think rationally.
Sixth, do not easily increase your position, especially when you are losing; the more you increase your position, the greater your risk will become. Just like the stop-loss exit reasoning that the teacher provided for Bitcoin a couple of days ago, if the timing for adjusting positions is wrong, or the entry timing is wrong, the final stop-loss exit will be a bloody lesson. Similarly, do not overly pursue the win rate and be afraid of making mistakes by expanding your stop-loss distance; making mistakes is very normal as long as you follow your trading rules.
Seventh, avoid staring at the screen too much and being overly anxious. Most newcomers in this market have poor mental acuity and can easily be affected by market fluctuations. Some even lose sleep over their positions, thinking about their holdings in their dreams. Once you place an order, regardless of whether it's a profit or a stop-loss, don't look too much at the candlestick charts, as the large bullish and bearish candles during fluctuations can easily stir your emotions, causing you to prematurely end a trade, especially when in profit. If you really want to keep an eye on things, focus more on the numerical quotes. The teacher will always inform you of the trend in the market before each trade, where the take-profit and stop-loss points are, how to build positions in steps, and just strictly follow the trading rules I set for you. Over time, you will naturally form a trading system that belongs to us.
Eighth, trading is not everything in life; you still need to work and live. Once, after a loss, I was anxious to make it back, but it was like holding sand too tightly—you lose more easily. So, first survive; in trading, only by staying alive can you have the opportunity to persist until the end. I often say my advice may not make everyone rich overnight, but what I can do is ensure that by following the teacher's trading system, you will definitely stay on course. Keep going; I hope everyone can walk with me until the end.
Is it feasible to achieve financial freedom through full-time crypto trading?
Recently, many fans have asked me: Is it feasible to achieve financial freedom through full-time crypto trading?
As I've met more people over the past two years, I have some insights. I find that those who do well in trading crypto and have big businesses share a common trait:
They are all very honest with themselves.
I don't know if they deceive others, but they basically do not deceive themselves. They should have a rough understanding of their position, their strategies, risk tolerance, and cash flow planning; logically, the overall picture must be coherent.
In doing things, the essence boils down to some very simple truths:
How much capital do you have? What is your approximate risk tolerance? What are your return expectations? Truly useful information boils down to these points.
As for whether you truly understand or are gambling, I think everyone should be aware of this.
As for whether to go full-time, this is actually a natural outcome. When funds come in and returns stabilize, you can naturally go full-time. If you can't pull out a few bucks from your pocket, what good is going full-time? Many people say that although they have little money, their returns are high; this is nonsense. If your returns are truly high, how can your capital be low?
Knowing who you are and not pretending to possess conditions you do not have is probably the first step in growing up.
Many people's real growth begins with recognizing that they are ordinary people, and only then can they understand what 'slow is fast' means.
We are best at lying to ourselves:
When FOMO (fear of missing out) strikes, one can always 'discover' some undervalued hundredfold coins, and in the dream of 'about to take off,' go all-in;
When the waterfall suddenly arrives, can you instantly transform into a 'chain detective' or 'macro master,' firmly believing it's 'the big players washing out the weak' or 'technical retracement,' while referring to deeply locked coins as 'value belief';
The white papers I once read sincerely and the promises made by project teams are forgotten on the edge of zero. The sharpest scythe in the crypto space is often not the chill of a bear market, but the blade of illusion we have honed ourselves.
We are fed up with the humiliation of being harvested by 'big players,' yet we can't help but go all-in at the highs; we ridicule the foolish bravery of 'new leeks,' yet we always follow suit in the next wave of meme coins; we denounce project teams for their shameless promises, yet before the next 'wealth myth,' we inexplicably build positions, silently telling ourselves, 'Just buy a little to play with...'
The tide of the crypto space continues endlessly, but most people are only enamored with the fleeting glamour of the waves, ignoring the depth and unpredictability of the risk ocean. The true winners are often those who can calmly assess risks in a chaotic market; those who can hear the rhythm of their own heartbeat amid the noise; and the ones who can honestly admit, 'I am also an ordinary person, not a prophet.'
The harsh truth of the crypto space: Leapfrogging is a compulsory course for ordinary people.
Over the past two years in the crypto space, I've seen all sorts of people. I find that those who can survive in the crypto space (regardless of profit and loss ratios) share a common point: they are honest with themselves. I don't know if they deceive others, but they basically do not deceive themselves.
How much capital do you have? Is the money in your pocket for living expenses and tuition, or is it spare cash?
How much can you endure losing everything? Are you restless at night, or is it all calm?
How high are your expectations? Is it to outpace inflation or to fantasize about a hundredfold return?
What exactly are you doing? Do you truly understand the project logic, or are you just gambling for thrills?
Everyone must have a scale in their heart. As for 'should I trade crypto full-time?' The answer is naturally clear:
Has your capital grown? Are the returns stable? Does the cash flow cover your expenses? If not, then **'going full-time' is a dangerous luxury.**
There are always people who say, 'I have little money, but my returns are high?' This is mostly nonsense—if the returns are truly high, how can the money be low?
True growth begins with acknowledging that you are an ordinary person. Understanding that 'slow is fast' means you will not be overwhelmed to death by the market's short-term noise.
1. The ordinary person's path to breaking through: first accumulate resources, then seek the world.
The first step for ordinary people (those with little capital) to leap is not to rely on luck, but to rely on strength to grow capital. Stop looking at those myths of 'big players' who easily achieve hundredfold or thousandfold returns. If they had that ability, they would have been the richest person on Earth long ago and wouldn't need to teach you the 'wealth code' every day.
The best way for ordinary people to grow their capital is through work, not trading crypto (especially in the early stages).
Before your capital has grown, the most important meaning of trading crypto is: learning and laying the groundwork.
Accumulate experience to cultivate market intuition: Feel the market's emotions in practice, train your risk sensitivity, so that when real big opportunities arise in the future, you can seize them.
Cultivate the habit of restrained consumption: Those who have experienced price fluctuations in crypto tend to view consumption more rationally.
Auxiliary income to accumulate capital: Gradually accelerate the primitive accumulation of initial capital.
Recognize oneself and refine character: The crypto space is a mirror, best at exposing human greed and fear.
2. Don't underestimate salaries: they are your 'nuclear-powered escort aircraft carrier' in the crypto space.
The fantasy of getting rich overnight by trading crypto and escaping from work is a huge mental trap. For a fresh graduate, is it easier to earn three times your 100,000 capital (to 300,000) or to work hard for a few years to achieve an annual salary of 200,000-300,000?
An annual salary of 300,000 is equivalent to you earning a 300% return each year on a capital of 100,000! You are like a small second-generation rich kid, possessing 10 million in capital, earning 400,000 a year risk-free from investments (after tax, it may not even be 300,000). If this small rich kid lacks restraint and spends money like water, in due time, you who work diligently and invest rationally will have the opportunity to make a comeback.
When you have a stable annual income of 200,000-300,000, operating a crypto account of a similar amount, will you still be frightened by fluctuations of 20% or 30% and act blindly? Your mindset stabilizes like that. Capital grows gradually in the same way.
To be honest: If you are a child from an ordinary family and have just graduated, before reaching a seven-figure account in the crypto space (millions), your focus must be on work! Before reaching eight figures (tens of millions), quitting your job to trade crypto? Don't even dream about it!
3. Is the threshold for trading crypto very low? No! The hidden threshold is sky-high.
The crypto space is indeed a tool for ordinary people to attempt to change their fate (even currently, one of the few theoretically feasible methods), but never get it wrong in how to use it correctly.
Ordinary people have limited resources and cannot crush the world with risk-free interest like the wealthy. If you want to leap, the crypto space, with its high volatility, high risk, and high potential returns (which can easily go to zero), is almost a desperate choice for ordinary people trying to brave the waves.
However, the path to a leap is certainly not 'a quick win, turning a bike into a BMW.' Look at those around me (with low family backgrounds) who have managed to accumulate some assets in the cryptocurrency space; their common trait is clear:
1) Trading crypto is not (at least in the initial stage) their main business:
They are generally well-educated and have a job that provides stable and decent cash flow (such as in technology, finance, product management, etc.). The extremely rare cases of getting rich purely from trading crypto stem from a simple reason: when capital is low, even a high return rate is negligible; without stable cash flow to enter the market, the mindset can easily become distorted, and capital accumulation is very slow. In a bear market, even meal money can become a problem. The crypto space is their 'weapon,' not a 'meal bowl' or 'escape route.' Their capabilities may even be stronger than the average wage earners, even without the crypto space.
2) A decade to sharpen a sword:
Most of them have over ten years of market experience (whether in crypto or stock markets). The crypto space has been a long-term side business that has grown with them. With cash flow from their jobs, losses do not cause severe damage, and their mindset can be more peaceful. After experiencing the cycles of bull and bear markets, managing funds from small to large, crypto investments gradually integrate into their life plans and wealth landscapes. Ability is forged through endurance; a fresh graduate rushing into the crypto space with all their savings can lose sleep over a 50% fluctuation.
3) The crypto space is just one of the stepping stones:
Their successful leap is not solely dependent on the crypto space. The crypto space (in its early stages) provides an initial capital accelerator (which may be a crucial link), combined with stable growth from work (salary increases), reasonable allocation (like buying a house), and gradually increasing asset returns and crypto earnings, which slowly widens the gap from purely wage earners. This is a long, complex, and accumulating process, not a single breakthrough in the crypto space.
4) Build a personalized trading system:
Those who can survive and continue to develop will ultimately form a trading model that matches their personality and risk preference (whether you are short-term, grid trading, trend-following, or believe in long-term holding). This must be logically coherent, able to explain profits and losses, and continuously corrected in practice. It is definitely not the kind of metaphysics that relies on news, candlestick shapes, or guessing the intentions of the big players! What do beginners love to use? - 'Big player,' 'leeks,' 'pulling up and dumping,' 'washing positions,' 'inserting pins,' 'inducing buying'... It sounds like they understand well, but in reality, there is no method. Many people remain at this level forever; when they win, they become arrogant, and when they lose, they curse everywhere at the projects and policies.
5) Your main job is the foundation:
When you only have 100,000 yuan to play with in the crypto space, daily fluctuations can reach thousands, which may seem more than your salary when you just graduated? It's an illusion! This is not very meaningful. Even if you double your money in a bull market and make 100,000, if you neglect your job because of this and miss a promotion or a salary increase opportunity, others' stable income will crush your 100,000. The first few years after graduating are a golden period; your speculative gains may be lost in just a few days, while the accumulation of professional skills and income growth are solid. The more cash flow you have outside the crypto space, the greater your margin for error and tolerance in the crypto space, naturally increasing your win rate—this is the foundation of a virtuous cycle. The time when you can treat the crypto space as your main business should be: when your career hits a bottleneck, and your income is nearly at its peak, while at this time, your crypto earnings can continuously average stable returns of more than three times your salary for three years. Can't meet this condition? Focus on your work.
They are the rare smart people in the crypto space, who understand restraint and long-term planning. 'Stand unshakably, then look at the timing to plot development'—this is the bottom-line wisdom that helps one navigate bull and bear markets and laugh until the end.
Therefore, I suggest that young friends (especially those who understand finance and technology) should engage with the crypto space as early as possible, as long as it does not affect their main job:
With a small initial capital (losing a bit is bearable, treated as tuition), you cannot sustain a real big loss.
Investing in crypto is a field that requires long-term learning, accumulation of knowledge, and honing of mentality. Starting this slow-growth process early has far more benefits than drawbacks.
However, if you expect to quit your job right away and get rich through trading crypto? It's time to give up that thought. There are no such easy deals in this world.
Conclusion
The tides of the crypto space never cease. When the market becomes noisy again, what you and I really need may be to let go of illusions and obsessions.
Be honest with yourself: candidly acknowledge your limitations, clearly see the contours of risk, and calmly accept this game filled with the unknown and turbulent waves. Those moments when you wake up in the middle of the night and unplug the charger will eventually pass. The fluctuations in account numbers should not and cannot measure the value of your life.
Tired? Just turn off the lights, shut down, and close the app. The ocean of numbers never rests, but the helmsman always has the right to decide when to set sail and when to return to port for rest.
