She used 1800U to earn 30,000U, but lost half due to following the trend.
At the beginning of this year, a newly graduated fan, Xiao Zhou, came to me with 1800U, saying she wanted to earn some rent from the crypto world.
She had heard from classmates that buying MEME coins could double her investment, so she followed the trend and lost most of it, leaving only this little principal. I didn’t teach her complex operations, just told her to remember "don’t follow the trend, don’t be greedy, don’t hold on to losing positions." To my surprise, five months later her account reached 30,000U, but not long after, half of her profit was lost.
First, I told her to "split the money into two halves, and leave one half untouched." From the 1800U, 900U was used as a "safe position," only buying BTC and ETH, and no matter how the market fluctuated, she wouldn’t touch it; the remaining 900U was for a "flexible position," waiting for clear trends. At first, she thought "buying mainstream coins earns slowly," but after seeing classmates chase new coins and get liquidated, she settled down.
Next, I taught her to "only earn money she understands."
There are daily hot topics in the crypto world, and I told her not to chase randomly, just to focus on the key moving averages of BTC. One time SOL suddenly surged, and everyone in the group was shouting "go for it," Xiao Zhou was also tempted, I advised her: "You don’t understand the logic of its rise, entering is just gambling." Later, SOL indeed corrected, and she was glad she didn’t follow the trend. Moreover, every time her profit exceeded 15%, I would let her withdraw a portion and store it in stablecoins.
The key point is "stop-loss must not be vague."
I told her to set a 3% stop-loss for each trade, and at that point, she must close the position. One time when she bought DOT and it fell, just as it was about to hit the stop-loss line, she wanted to add to her position to "lower the average price," I immediately stopped her: "You’re using new risks to cover old risks.
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