Brothers, let me state this first: I’m not here to show off. The money in the cryptocurrency market comes quickly and goes even faster, more frequently than discounts at a milk tea shop. Today, I’m going to share my heartfelt thoughts with you on how to play contracts and walk away with money and a smile.
Three months ago, I cautiously entered the market with 3000U, not even knowing where the leverage button was. And now? There’s a stable amount of over 100,000 U in my account. It’s not due to luck or divine intervention; it’s purely because — I know how to play smart and protect my capital.
My strategy is simple and straightforward: I started by testing the waters with 300U, only risking 30U on 100x contracts each time. What does 100x leverage mean? If you’re right about the direction, a 1% increase can double your money; if you’re wrong, be prepared for significant losses. So, if you want to last longer, you must memorize these five “rules for survival”:
① Cut losses immediately when wrong; don’t play dead.
When I first entered the market, I blew my account twice simply because I thought the market would rebound. What happened? I got slapped by the market. Later, I set the rule: leave when you hit the stop-loss, whether the market turns or not has nothing to do with me. Remember — proving yourself right? Useless. Staying alive is what counts.
② If you’re wrong five times in a row, don’t struggle.
Sometimes the market behaves like someone who’s drunk, completely going off course. If you stubbornly hold on, your mindset will explode in minutes. I directly set a circuit breaker: if I make five wrong trades in a day, I immediately shut down and watch a show, take a shower, and sleep. The next day, when I open my eyes, the pit is gone.
③ Once you earn 3000U, withdraw immediately.
Never get complacent; the numbers in your account are illusions. The market can swallow them at any moment. I set a strict rule for myself: every time I earn 3000U, I withdraw at least half. Taking profits is the real win.
④ Only trade in one direction; play dead during sideways movements.
When a trend emerges, 100x leverage can take you flying. But if the market is moving sideways, it’s like a harvesting scythe. When the market lacks direction, it’s better to lie flat and do nothing than to make random trades.
⑤ Don’t let your position exceed 10% of your capital.
Don’t go all in; that’s what gamblers do. Keep your position light, and even if the market gets chaotic, you can respond calmly. Simply put, going all in is like binge-eating at a buffet — the tenth plate could land you in the hospital.
Now, my mindset when watching the market is like walking a cat: no rush, no anxiety, just follow the rules. Getting rich is a matter of probability, but staying alive is a must-answer question.
Want to pay less tuition? Want to take more money with you? Follow me, and I’ll help you gradually turn small amounts of money into large sums, walking steadily so you can smile longer.