I know a seasoned veteran who has been hustling in the crypto world for many years.
Back then, he entered the market with 100,000, and now his account has soared to over 15 million.
He once told me:
"The crypto world is a playground of emotions, and most people are just blind tourists running around; if you can hold your composure, this place is a treasure trove."
His methods are brutally simple:
1. Don't be greedy for small gains, and don't bet on total losses.
Many people are forever trapped in the vicious cycle of "taking profits at 5% and missing out on big gains; stubbornly holding on to double their investment, only to end up cutting losses."
It's not about the market but about one's mindset.
2. Focus on mainstream coins that have dropped significantly.
Don't be fooled by flashy new coins.
Start with 10% of your portfolio as a base, without betting on where the bottom is; just wait for it to stabilize before adding more.
Foolish? Yes. Steady? Even more so.
3. Only add to your position when the trend is clear.
While others are frantically trying to catch the bottom, I wait for the trend to set before adding 20%-30% more.
A little more expensive doesn’t matter; the worst is getting caught in mid-air.
4. Take profits when they come.
After each surge, withdraw your principal plus half of the profits.
Let the remaining position fluctuate as it pleases; never be greedy for even a cent.
Money in your pocket is what counts as true profit.
With this dumb method, last year he helped a friend who had lost 600,000; in six months, not only did he recover the losses, but he also drove home a new car.
The crypto world is never short of smart people; what it lacks is those who can truly hold their hands and maintain their composure.
When others are chasing highs and selling lows, as long as you calmly follow the trend, you can pick up the chips they frantically leave behind.
