From liquidation to recovery, how much is your sincerity worth?
Seven years ago, I entered the cryptocurrency world with 30,000 U. At that time, I was no different from most beginners - afraid of missing out when prices rose and stubbornly holding on when they fell. As a result, my account shrank continuously, and I faced liquidation multiple times. My family turned against me, my girlfriend broke up with me, taking our last savings, and I don't blame anyone! The pursuit of stability is human nature. After delivering food for over six months, while calming my mind, I saved 2,000 U and continued to reflect and learn deeply. At that time, I thought I was 'not smart enough,' but later realized that it was my way of thinking that was wrong.
The first epiphany: The masters are all about 'buying high and selling low'
I used to fantasize about bottom fishing and missed wave after wave of major uptrends. True masters, however, dare to leverage 2x and enter directly when breaking through key levels, then roll profits to capture the entire segment of the market. They are not afraid of highs, only afraid of not following the trend.
The second breakthrough: Opening positions with 'trial and error funds'
I learned position management: the first order only 15%, 5% stop loss, target 30%+. Add more when earning, and don’t hurt the fundamentals when losing. The key is - withdraw the principal after earning 20%, and rely entirely on profits to fight. My mindset instantly relaxed, and my operations became more decisive.
The third transformation: My 'Four-Step Harvesting Method'
1. Only trade coins that have established trends (MACD golden cross + above the 0 axis)
2. Hold firmly above the 20-day line, take profit immediately if it drops
3. Increase positions decisively by 2x when there is a breakout with volume
4. If it drops below support the next day, cut losses without hesitation
This approach allowed me to achieve stable profits for the first time, no longer being driven by emotions.
Market iron laws:
The longer it consolidates, the more violent the transformation
A sharp drop is an opportunity, a slow decline is what’s scary
Buy when others are in panic, sell when others are in frenzy
The market always rewards those who go against human nature
Looking back, the tuition paid for liquidations was actually my best investment. It allowed me to completely bid farewell to the 'retail investor mentality' and embark on a true path of growth. Now, I own two apartments in Hangzhou, one for myself and one for my parents, with eight-digit funds in trading, and I am strategically allocating on-chain for spot contracts! Life is fulfilling and free! I love the crypto world because this circle never follows seniority; it speaks with strength!