5 years 0 liquidation: From 5000U to 1 million, I relied on these 3 tricks to make the exchange a cash machine
In 2017, when I entered the cryptocurrency world with 5000U, I saw colleagues mortgage their houses and sleep on bridges after contract liquidations, while my account curve always rose at a 45° angle, with the maximum drawdown never exceeding 8%.
Not relying on insider information or watching K-lines, I treated the market as a 'gambling machine', becoming a profitable 'casino owner', rolling out seven figures in 5 years. Today, I’ll share the core 3 tricks with you:
First trick, lock in profits with a 'bulletproof vest'.
When opening a position, first set a take profit + stop loss. When profits reach 10% of the principal, immediately withdraw 50% into a cold wallet, using the remaining 'free money' to roll over. If the market rises, enjoy compound interest; if the market reverses, at most you’ll give back half of the profits, keeping the principal as stable as a mountain. In these 5 years, I have withdrawn profits 37 times, with the most in a single week being 180,000 U, and even the exchange's customer service verified via video, afraid I was money laundering.
Second trick, staggered positioning for 'dual profits'.
Focus on daily lines for direction, find ranges on 4-hour charts, and target on 15-minute charts. Open two positions for the same currency: Position A follows the breakout upwards, with the stop loss set at the previous daily low; Position B is a limit short, lurking in the 4-hour overbought zone. Each position’s stop loss ≤ 1.5%, take profit set at 5 times or more. Last year, when LUNA crashed 90%, while others guessed the bottom and liquidated, I took profits on both long and short, with my account increasing by 42% in a single day.
Third trick, small stop losses for 'big opportunities'.
My win rate is only 38%, but my profit/loss ratio is 4.8:1, meaning for every 1 unit of risk, I earn 1.9 units.
The key lies in 3 practical details: split funds into 10 parts, use at most 1 part for a single trade, and don’t hold more than 3 parts; if I have 2 consecutive losses, I shut down and go work out, avoiding 'revenge trades'; for every time the account doubles, withdraw 20% to buy US bonds or gold, ensuring a good night's sleep even in a bear market.
In the market, it’s not that I fear being wrong, but I fear not being able to get up after a liquidation.
On the path of compound interest, I walk fast alone, but a group walks far. @小花生说币 welcome you to join me.