Brothers, to be honest, I am not here to show off, nor to boast, but to let more people know that there is indeed money to be made in the crypto space, but it's not about blind gambling; it's about real methods. You say the crypto space is a casino?
But someone actually made 500,000 with 1,800 U, relying on the rules.
There was a younger brother who only had 1,800 U when he first entered the market, and after following me, he made it to 39,000 U in three months. His account is now stable at over 680,000 U, and he never blew up once.
Behind this is the core logic of three hands that I have summarized over many years of guiding people.
The first hand is diversification, which is fundamental for survival.
Never invest all your money; I advised him to split the 1,800 U into three parts, each part 600 U:
One part for day trading, just focus on this transaction daily, and exit as soon as the target profit is reached, never hold on;
One part for swing trading, not making moves for ten days or half a month, and once the opportunity is captured, make a big profit;
The last part is for the base position, regardless of how the market moves, do not touch it, keep it as a backup for a turnaround.
Many people jump in with full positions, and when the market drops, they blow up without even holding onto the market; how can we talk about making money?
The second hand is to capture substantial profits; don't mess around during sideways markets.
The crypto space spends 80% of the time in sideways movement, and frequent operations during this time are just giving away money.
My advice is to be patient during sideways markets; wait until the trend is clear before entering.
Moreover, when you make money, you should cash out in time; for example, if profits exceed 20%, take out 30% first, securing your gains.
Real experts do not trade every day; they either do not act, or when they do, they can profit for a long time.
The third hand is to control emotions, replacing feelings with rules.
The most terrifying thing in trading is being emotional, so rules must be set in stone: set the stop-loss line at 2%, and cut decisively when it hits;
when profits reach 4%, reduce the position to secure some gains;
even if you incur losses, absolutely do not add to your position; the more you add, the more trapped you become.
Set these rules in advance, strictly follow the plan, and do not let emotions dictate your account.
The good state for making money is to let the funds roll according to the rules, rather than fluctuate with your mood.
