"With the knife in hand, cut away all the losses! The comeback method from 5,000 U to 200,000 U in half a year.
Two years ago in September, Xiao Bei had 30,000 U but due to his own reckless operations, he was left with only 5,000 U. Later, I taught him to practice "Knife Control", and six months later, his account soared to 200,000 U. Stop fantasizing about "lying down to win"; in the crypto world, it’s not about courage, it’s about rules. These 5 tricks cut right at the root of losses, and you can learn them too!
First Trick: Cut the principal, cure the "impulsive hand"
No matter how large the principal is, first divide it into 5 parts. Xiao Bei had 5,000 U, divided into 5 parts of 1,000 U, one part kept in the trading wallet, and the rest locked in a cold wallet. The few seconds it takes to get the key can fend off 90% of the impulsive orders.
Second Trick: Cut the flashy, only do head spot
Only touch coins in the top 100 by market capitalization and with daily trading volumes exceeding 100 million, blacklist leverage and low-quality coins. A-Ling first practiced with 2,000 U and used this trick to break the bad habit of chasing highs and cutting losses.
Third Trick: Averaging down with moderation, lock in losses
Buy and if it drops 10%, average down 1 part, with a maximum of 3 times. After averaging down, the cost decreases, allowing for recovery during a rebound; if averaged down 3 times and it still drops, cut losses, keeping losses within 6%, no dragging.
Fourth Trick: Take profit, don’t be greedy
If floating profit is 10%, immediately sell half. For example, if 2,000 U rises to 2,200 U, first withdraw 1,000 U to hand, and play with the remainder, staying as steady as holding USDT.
Fifth Trick: Use profits to compound profits
After collecting profits and saving enough 2,000 U, start a new round according to "Knife Control". With 12 cycles in a year, each time only earning 5%, the compound interest can reach 1.7 times; if the market is better, rolling 20 times isn’t surprising for several times the return.
Final Iron Rule: Restrain yourself
Set aside 1 hour every day to watch the market, only place one order, and if you break the rules, punish yourself by running 5 kilometers. Also remember these three mantras: don’t chase hot stocks, don’t go all in, averaging down no more than 3 times; write a 20-word reason for each order; withdraw 20% profit each month to exchange for fiat currency.
"This is not speculation; it’s about cutting off your bad habits first. Once your mindset stabilizes, money will follow."
The pitfalls in the crypto world are not about lacking opportunities, but about lacking rules. Dare to practice "Knife Control", and you can carve out a path to recovery!
Brothers, which "knife" do you think you should practice first? Write your "knife" in the comments section and see who in our crypto community can cut off bad habits and rise up first!