From 100U to 400,000: I crushed my confusion in the crypto world and found a way to survive
Three years ago, I entered the crypto world with 100U, like a headless fly—buying altcoins on a whim, rushing in at the call of 'big shots.' Within half a month, 100U dwindled to over 30U, staring at the green numbers in my account, my breath tightened. That was when I understood that the crypto world is not a casino; blind betting only leads to a quick demise.
Later, I converted all my remaining U into Bitcoin and began to grind through my analysis: watching the market until dawn every day, filling notebooks with trends and support levels from past candlestick charts, forcing myself to remember 'only open a position with a risk-reward ratio of 1:2, and never shift the stop-loss line.' My first decent profit came from catching a 5000-point pullback in Bitcoin—entering lightly at the support level according to my strategy, increasing my position by 20% once the trend stabilized, and setting the take-profit line tightly. In the end, I made 800U; that day, I was trembling while staring at the screen.
In the days that followed, I never again got greedy for 'doubling overnight.' Each trade was done according to the rules: if I was wrong, I accepted the loss; if I was right, I held on to maximize profits. Once Ethereum surged to 2000U, I took profit on half according to my strategy, setting a trailing stop on the rest. Later, when the price dropped back to 1800U, I looked at the profits I still had and believed even more that 'discipline is more useful than luck.'
Thus, 100U gradually turned into 1000U, 10,000U, 100,000U... until last month, when I opened my account and converted it to RMB, the number jumped to over 390,000—just one step away from 400,000. I didn’t rush to celebrate; I first transferred 200,000 to my bank card, while continuing to operate according to my strategy with the rest.
Now, looking back at that initial 100U, it wasn’t just seed capital; it was the starting point built from the pits I fell into, the nights I endured, and the strategies I persevered with. There has never been 'sudden wealth' in the crypto world; getting to this point was merely a result of engraving the six words 'no greed, no panic, no chaos' into every trade I made.
