Turning 1000U into 300K, 8 blood lessons I learned after 3 years of pitfalls
Want to turn your life around? Don’t fantasize about getting rich overnight, first remember three phrases:
👉 Catch one wave a day is enough; 👉 Never go all in; 👉 Don’t be greedy if your capital is less than 100K.
1️⃣ High-frequency trading = Slow suicide
More than 3 trades a day, the rhythm will be chaotic.
During last year's ETH plunge, I only left 5% of my position to short, and made 30 times in 3 hours.
In contrast, in the previous two years, I opened 8 trades in a single day, and the transaction fees exceeded my profits. A bloody lesson.
2️⃣ Good news = Harvesting with a sickle
If you don’t run on the day of major good news, you must run when it opens high the next day.
The so-called “sustained good news” is mostly a script for new retail investors. News only allows you to take the first bite of meat, that’s enough.
3️⃣ The calendar is the best risk control
Reduce positions before the CPI on the 10th of each month. Clear contracts 48 hours before the Spring Festival and Thanksgiving.
That night when FTX collapsed, I cleared 80% of my position in advance; students who were fully invested faced 90% liquidation. The difference lies in respect.
4️⃣ 5% position conquers the world
Never go heavy on mid-to-long-term positions, BTC dollar-cost averaging only accounts for 3%.
Set stop-loss 5% below support, take partial profits when floating gains reach 50%.
Greed is the nemesis of profit.
5️⃣ Short-term needs to be fast, staying out is harder
Enter when the 15-minute K-line + KDJ golden cross occurs, short when RSI exceeds 70, go long when it drops below 30.
Directly stay out during sideways (daily volatility < 2%).
Last year, there were two months when I only looked at the market for 1 hour a day, earning more than those who stared at it for 12 hours.
6️⃣ Slow rise, fast fall = Iron law
Rising like a snail, falling like an avalanche.
If a slow rise breaks the previous low on a retracement, short decisively; if a rapid drop rebounds but doesn’t exceed the previous high, don’t chase.
SOL fell 40% in one hour this year, rebounded for 18 minutes, and all who chased got trapped.
7️⃣ Stop-loss is more important than face
If the direction is wrong, cut immediately. Hesitating for a second can cost you 10%.
3% of the principal is the stop-loss red line, after floating gains of 50%, if there’s a 20% retracement, you must run.
In 2024, holding ADA long, I lost half a year’s profit in 3 days; that K-line chart still serves as a warning for me.
8️⃣ Technical signals > Feelings
KDJ golden cross + volume breakout, add 30% position.
MACD top divergence + volume shrinkage, don’t hesitate for a second.
The market relies on probability and discipline, not your sixth sense.
📌 I turned 1000U into 300K, not through luck, but through experience earned from bleeding time and again.
There are no shortcuts in the crypto world, only rules. If you can adhere to these 8 points, you will outlive 90% of people.