I know a veteran. Over a decade ago, he entered the cryptocurrency world with a mere 100,000 yuan, and today his market capitalization has soared to 42 million yuan.
One time, while we were having tea, he said something that I still remember vividly:
"The cryptocurrency world is full of rabble-rousers. As long as you control your emotions, it's like an ATM."
It sounds simple, but few people can actually do it. Later, he shared his "four foolish strategies."
First: Don't make small profits, and don't lose big.
Many people get stuck here their whole lives.
For example, you open a 20,000 yuan order, and the price rises to 21,000 yuan. You happily take profit, making a 5% profit, but the market then plummets to 25,000 yuan. You only get the sesame seeds and miss the big ones.
The next time, you grit your teeth and say you'll hold on, but the price rises to 21,000 yuan, then falls back to 20,000 yuan, or even falls below 19,500 yuan. You stop out and lose money again.
Most people are like this, bouncing back and forth between "taking profits too early" and "stopping losses too late," never finding a way out.
Rule 2: Focus on the mainstream, avoid flashy coins.
When the market has plummeted and is slowly recovering, invest 10% of your position first, and don't touch it even if you lose money. New coins may look exciting, but in reality, they are mostly just empty promises. The real opportunities often lie in those coins with real value.
Rule 3: Increase your position only when the trend stabilizes.
Wait for a genuine upward trend, then add another 20%-30% when it pulls back. Others always try to buy at the bottom, but he doesn't. He says, "Even if I buy a little more expensive, it's better than being buried halfway up the mountain."
Rule 4: Recover your principal first, then lock in profits.
After every uptrend, take out your principal and half of your profits first, and let the rest roam freely. No matter how crazy the market gets, sell at the bottom line; never be greedy. Only when the money is in your pocket is it truly earned.
He laughed and said that last year, using this same foolish method, he helped a friend who had lost 600,000 yuan recover his losses in six months and even bought a BMW X3.
After hearing this, I finally understood that the cryptocurrency world is in no shortage of smart people; it's the "dumb" ones who play by the rules and don't try to get in on the action.
When everyone's chasing the ups and downs, those who appear "dumb" often find themselves picking up the spoils.
You can either continue to lose money by following the so-called "smart" approach, or follow the foolish approach: be steady, don't be greedy, earn slowly, but every penny counts.@区块蓝猫
